Iot Chain (ITC) - Scam or legit?

[GratefulDeadhead]

IoT Chain, dubbed the IOTA of China, has only been trading for a few weeks. Its price has increased a lot in that time, and they seem to have an interesting product involving the provision of security for the IoT.

They claim on their whitepaper to have formed several high-profile partnerships already. However, I cannot find any external information online regarding IoT Chain - I cannot find a proof that their team really exists, that their technology really exists, or that their partnerships really exist. The requests of numerous people on their Telegram for such proofs have gone unanswered.

Does anyone have any sources, whether in English or Chinese, that can verify the legitimacy of this product. If it’s all they say it is, it could be massive, but the alarm bells are going off for a scam.

Website: https://iotchain.io
Whitepaper: https://iotchain.io/pdf/web/ITCWHITEPAPER.pdf

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[GratefulDeadhead]

Anyone who is at all interested in this project, I did my due diligence and believe it to be legit. Feel free to ask for further details.

[Elokane]

Thanks for reporting back.

[bbqnub1]

ITC is mooning today. It's finally getting attention overseas outside of China.

[GratefulDeadhead]

ITC is mooning today. It's finally getting attention overseas outside of China.

There is very little information available about this project in the English language, but its market cap is still pretty high. It must have really boomed in China. Once it gains the same kind of traction in the West, it will be huge.

[apex944]

Yes, been following IoT Chain for a bit now and their project is more promising that IOTA itself lol. Solid team and great tech behind it as well. Really hoping they hit bigger exchanges very soon. They've been going crazy just this past week. https://coinmarketcap.com/currencies/iot-chain/

[denysrodman]

The Internet of things is the future, which is why IOTA soared, which still had no competition. IoT Chain - Chinese IOTA, and we know with the Chinese. + The project already has partners, in general, see for yourself.

[defecardo]

I hope it is legit, I really like the project and I've placed a lot of $ in this coin.

[linkHA]

First of all, the concept of IoT is really good, which is the direction of the development of cryptocurrency.
But there is a very serious problem is that the team from China, but it is well known that China has banned all the ICO and closed exchange, so We may need to be careful from China project.

[Paradox_R]

I like INT more... Same concept better team =)