I want to know what are your thoughts about this project.
I become curious because the found of this project is from our country and kinda become famous because this is a known scammer and already convicted in the Philippines because of scamming other people.
He just published this project which as he told, this will become under on Ethereum network and will not available in some public exchanges, so this will kinda private if you want to own some.
The project is fishy for me, especially the hype of it, as you can see the description or details of the project and the founder also said about some figures of percentage of the gains or profits.
Pre-sale price is: 40PHP which is around $0.90.
XIAN COIN is a centralized digital currency powered by the Ethereum blockchain and it is not open for public trading on any cryptocurrency platforms. XNC is owned and issued by a virtual central bank where you can exchange your Xian Coin to Colombian peso, Mexican peso, Brazilian real, Peruvian sol and Philippine peso.
The currency was founded and created by an infamous convicted white-collar criminal, the National Scammer of the Philippines, Christian Albert Gaza aka Xian Gaza.
The primary use of Xian Coin is to establish a non-regulated and untraceable financial system for the notorious business partners of Xian Gaza in Latin America. It will also be used as an anonymous payment system in the Philippine e-commerce and other underground industries.
The value of Xian Coin shall be very stable and safe from the high volatility of the cryptocurrency market because it is independently controlled by the virtual central bank of Xian Gaza with a limited global supply of 75 million XNC.
It is projected conservatively that its value will increase between 300% to 400% by 2021 due to the expected influx of investments from the notorious Latinos and from thousands of Filipinos. It will be the digital currency that will connect the underground business worlds of Latin America and Southeast Asia.
Link of the facebook post:
<link>Personally, I would not invest my hard earned money into this kind of scam. He is known as a scammer back in the Philippines. Lot's of people will be scammed again, just like what happened during the 2017 bullrun, that time it was the ICO's, now perhaps its the DEFI coins.