if i'm not wrong this is not a new coin right, but this altcoin born last year
anyway 500% ROI is really great, but how ?
regards
promising a return of investment is a huge red flag and from just reading the description the token is even not needed in their product because they only need the blockchain tech. I dont see a big revolution of sticking a sticker into your belongings when anyone can just remove it.
I agree with you, projects that have a promising return of investment are a sign of a red flag and most of the projects who have this kind of thing must be avoided. And a 500% ROI is huge and I think this kind of tactic helps them to attract investors to invest. But how sure are they to tell that they will gain 500% cause we all know that the market is very unpredictable and no one knows what will gonna happen? Therefore, it's not a good project to watch this year and it's better to find decent projects that have more potential and is more realistic than this one
but it is still strange to offer such a yield now .
a lot will depend on the business plan as well as the popularity of the app they launch