Can someone evaluate ETHCONNECT. is it real. It is offereing bigger rewards than BTConnect. But it smells fishy to me
I believe its just an awaited BitConnect's spinoff.
I think, developers' logic was like: "we may as well create bitconnect, but on ETH" and that's it.
If it successfully invites funds, this machine will start working just as productive as BCC does.
My suggestion is if you've got to rebalance your portfolio buying more aggressive assets - you can give this ECH a try.
Having a 100k+ cap in BCC lending I'm going to invest a little in ECH. If it fails - I won't regret, if it skyrockets, I get crazy profits. That's my logic.
BUT: sure, this may be a Ponzi BCC clone, so just calculate your risks as always.
BitConnect Roadmap 2018 will introduce trading in other Crypto-currencies in the first half of 2018. When it does EthConnect will lose its advantage as you may also be able to trade ETH, XRP, BTC, BTH in BitConnect. At least BitConnect has stood up well to protect the security of its lenders and it has history whereas EthConnect has lost credibility by locking up investors deposits and not honoring the purchase of their ICO ECH as being sold. For months already EthConnect has been trading BTC out of its investors who have not even received an ECH coin and have 5000 BTC transaction confirmation and no coins in their wallet. I would not trust EthConnect in the future based on their history performance. BitConnect is a very reliable exchange why move to a riskier location?