$SOL $ETH $TAO
I want to hear opinions from the above crypto communities and the wider community about a new blockchain that will be released this year called “lightchain AI” which is on presale right now.
As we all know, most presales are scams, literally 90% but some of our top 10 have had ICOs also like ethereum and Xrp.
My own synopsis so far:
Red flags: anonymous and hostile team who ban people from their TG for asking for the identities of the team. Scammers always hide behind anonymity but other projects like monero and Bitcoin also have anonymous creators and are successful.
Mass marketing: also not necessarily a red flag but can be indicative of a scam
Over promising: it seems like the perfect blockchain on paper but it’s too early to tell if there’s substance behind it.
Here’s what the project entails:
It seems to me as if it’s like somebody took the best parts of eth, Sol and Tao and mixed them together. The project will consist of a memecoin launchpad, a DEX, an AIVM and mainnet, staking, smart contracts, dapps, interoperability. Transaction speed is 10k TPS. It will begin its launch on a DEX and there are no CEX listings announced as of yet. They have 2 audits completed so far.
So on paper it seems very promising but time will tell if there is substance behind it or if it’s just another presale scam. I’d love to hear opinions in the comments, thank you. I am not advising anyone to buy at present as it is very risky.