I think the project is red flag because it's another Russian project, they hardly are legit, the use case is another red flag because it's nothing new, use cases like this won't be successful
Yes, it would be better to stay away from projects from Russia, because most of them are indeed invalid so that projects from there are red-labeled by many people, and in this case too many projects from Russian countries were invalid when they were born.
In 2018 and 2019 I was involved in several projects from Russia, but unfortunately they all became scams and I received nothing from them. And I agree with you, the best way is to stay away from projects coming from Russia because it's not legal
oh really guys ? i didnt knew that facts but i already know that russia was strict and maybe cryptos/ico are not exempted to that .
not just russia but there are other countries that are strict too like china , korea , and more but russia could be the popular country that diss alows crypto related offering the most .
well if that is the case then we must check the project if what country is it based and then ignore them if you think the country has some restriction or rule that is oposse to that project itself