While it seems quite convenient that the project doesn't have KYC or Whitelist procedures, this is also a major red flag for suspicious investors. Furthermore, the project has been holding a year-long ICO for, well, a year, and there is still a massive lack of information about the ICO. It is unknown how it advances, which coins are accepted, what are the soft and hard cap, or anything else about it, apart from the things that were mentioned above.
haPPy November 19, 2020 Reply
The idea concerning Proof-of-Transaction is very appealing, but the whitepaper presented by Taucoin lacks in-depth information about the protocol and other elements of the ecosystem. I am very attentive to details, which is a great trait when dealing with the up-and-coming ICO projects, so I like to study a project from the top to the bottom before making a final investment decision. I have visited their GitHub page, but couldn't find any code-related documentation. Will contact the Taucoin team regarding this matter.
Billy Khan October 15, 2019 Reply
The project also has a 4-man team, and not a single advisor, which is another red flag. There is nothing stopping the investors from buying TAU tokens if they really want to do it, although caution is recommended, as projects that do not announce all of the necessary details usually have something to hide.
again October 8, 2019 Reply
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