Quote from: lixer on July 18, 2022, 08:35:48 PM

Quote from: thegoatiest on July 16, 2022, 02:42:42 PM

It currently has a flexible APR loan rate of 25% at Kucoin. (pretty damn high for a flexible / not staking) Which makes me wonder - why do they want people to buy it?

Someone told me it is 100x potential.... but... I don't trust them at all. They pretty much make exclusively bad calls...

What're your thoughts on this project? Scam? or does it have potential?

The coin's description looks like it was one of those serious coins but after reading the part where it offers high return, it then gives me a doubt. You ask if why do they want people to buy it? Of course for them to profit as well. If you are skeptical then that is a good sign that you must avoid this project. Only those who are allowed to invest on such are those who are willing to take big risks and can afford to lose money.

Yeah, the part that it offers a high return is also a turned off for me. It sounds something like a Ponzi multiplier or doubler where at the end, the system won't support the structure and always crumbles. I tried to look for possible prediction of this project and I found this.

From this price prediction, it looks like the expected high return won't happen soon.