Scammers are from every damn countries in this world, I know nigeria is full of scammers too but don't go around trusting projects because their members aren't from Nigeria lol, I'm kinda reluctant on russian blockchain projects too hahaha, it's a pity there is no way to safeguard crypto space because of decentralization.
You are right it does not matter if the project is base from is from in a 1st or 3rd world countries it every project is suspected to be scams as long as there are some malicious activities and irregularities in their management expect it to be something fishy. African and India countries are more ofte involve in such activities that is why I am staying aways from projects that come from those countries.
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I think Youengine is not a failed project, they are just buying time and allowing the bounty hunters to release their tokens because the amount of token allocation for the bounty is too much in my opinion so it will take several months or years for bounty hunters to release all their tokens while continuing to develop the platform which in my opinion is quite promising
I think so too. It is too early to say that the project is a failure without it running atleast a year ago. The team still has some time to develop and make a little progress everyday and that would be enough to run the project long term. Plus the tokens supply is like a billion so when the time the team started burning some tiken supply it will definitely helps the price to go up.
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I was actually expecting high for this project at first, they are going to be listed in bitforex, then after some weeks several exchanges came out like uniswap which added to the hype only to find out that the community is the one to add liquidity which I believe is way bullcrap, how can you rely to community to put liquidity in a project with so much uncertainty..
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It depends on what the message of the member there. We can see the difference if their message is real from people side, or just to fulfill the requirements of a telegram campaign. So pay attention to what the chat is about.
But telegram is not a factor about successful project
Agree, you can not determine whether the project is successful base on telegram activities. There are some projects successful with low and silent community, and there also successful projects with with shillers to make the community alive but most of the time, those TG groups with some loud noises and pure spam messages are scams.
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Most of defi project got a massive hit and are all down, CZ was right all alone all defi projects would not last long if they don't sustain the developments of their platform. Better to stick with traditional staking with low risk of lossing or assets than risking you money in a high risk high reward poroects like defi.
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I got ARX token to, if that so then I guess I'll have to wait till the exchange is going to be full operational cause I don't wanna loss the token I have work for months for nothing. I think it will take more days and I don't see any recent updates regarding the issue in their telegram. It's been weeks now, I hope they upgrade their security system so they cannot be penetrated next time to protect assets fro getting stolen
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Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.
Coins listed on the Binance exchange, will get more attention than if the coins were listed on other exchanges, for example, Filecoin, which experienced significant price changes when listed on the Binance exchange. I actually don't believe that, there are lots of coins listed in binance that don't survive like npxs, xvs and many more. Only noticeable are those coins that have already made a huge improvements and still relevant till today filecoin is a fresh introduced to binance so expect the hype to pour in.
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This is a good news for Cryptocurrency - for it. As long as Cryptocurrency is getting acquainted with all the other and almost all central banks are accepting and accept. More than all the banks will accept in the future.
Yes not only one crypto coin will get benefited from it, it is the whole cryptocurrency market since ethereum is one if the major coins exploring in other crypto coins are very much possible and might adopt to their platform as well. It is only a matter of time the whole world will get to know the benefits of blockchain technologies to the future.
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Blockchain and games seem to be the right collaboration to help the Philippine economy during a pandemic. I am so curious to play the game. in the near future we can see axie listed on Binance.
I was too, I actually jumped out to search in google for the game. It seems be interesting and enjoyable since I love to play mobile games. Rather have Axie Infinity than other mobile games such as mobas that don't give out any cen't and spend for data playing without getting anything in return.
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I hope that when the day comes, there will be such a payment for fast food chains in our country too but so far nothing like that has happened. But who knows, as crypto nowadays are being well-known, and who knows that one day the restaurants will also accept cryptocurrencies as payment so that even if you are cashless but have crypto method then absolutely you can pay the bill of what you ate.
It is actually getting implemented in some countries, I mean crypto has been already making some buzzes and started to be integrated in different platform to use as method for payment. I saw an article a coke vendor machine in australia has now started to accept bitcoin as payment and some major store outlets as well so being implemented in fast food in restaurant is not far fetch.
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The team is the most important part of a project, I also always look at who the team is behind the project. If they don't make it public, it will make me less trustworthy and uninterested in investing.
Yes definitely agree with this one cause they are the one who are running the project, once the team disappear in the middle of success of the project it will collapse quickly and won't be able to recover anymore. Most the projects promotes transparency, how come this hiding team's identity becomes transparent especially for their loyal supporters.
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