Review on Flit Token by Stephen Toluwani
Flit token project seems to have migrated to another project
The Flit token project is an Ethereum based project that came with a use case of providing a decentralized wallet service. I first got to see this project through an airdrop early last year but never got understand what its use case was as at then. After doing some of my tentative research about this project, I have come to understand that it was meant to provide a wallet service for its users yet this wallet is not available and its website too doesn't seem to perform anymore.
I can't really say for sure but it seems the project has shifted to another project name called flits and also the wallet is available for that one. The Flit token is still very well traded on Sistemkoin exchange but the spread is very high yet it still has a good 24 hour trading volume.
Pros
- It is still traded on Sistemkoin exchange with high 24 hour volume in thousands of dollars
- The project seems to have been changed so it's not completely abandoned
Cons
- The project website has been brought down
- The Project use case of providing an application isn't even available
- The spread between the bid and ask price for the traded Flit token is very wide
