Believe it or not, its 2021 and still dubious blockchain/token projects keep appearing.
One recent token launch by Taxi.finance sets a few alarm bells ringing.
It describes itself (hidden away and not on the home page) as:
“Taxi.finance is a decentralized eco-system running on Binance Smart Chain, with an infrastructure that give the platform the ability to eliminate token’s inflation. On top of that are tons of features help you earn and win tokens”
The poor grammar and lack of depth of clarity in the About rings a big bell. And the poor grammar, lack of clarity in the text continues throughout the poorly designed site.
Loosely based on an exchange/decentralized betting platform, the principal seems a good one.
However, alarm bells are ringing and ringing loudly. There is no team, no accountability which is very odd. People need to know who is behind the project. The fact that we don’t know who runs it is never a good thing. What are they hiding?
Also, social media. What serious project has to buy followers? Almost a third of Taxi-finance followers are fake – https://sparktoro.com/fake-followers/financetaxi –
Along with a lack of accountability there is a lack of customer support or clarity in the project which means if you have a question it wont get answered- no messaging facility on Twitter or suspiciously on the website either.
It’s difficult to review the actual product when so many alarm bells are ringing.
It could be a great product but the lack of clarity, transparency and accountability may keep you away from this
Latest posts by Anthony Young (see all)
- Taxi.Finance – One to Avoid? - January 10, 2021
- UK’s first circular economy for battery metals secures deal with lead-acid battery recycling group - December 24, 2020
- What Will 2021 Bring to the Forex World? - December 24, 2020