Negative Fesschain opinions
Summary:
So far,1 of opinions have been recorded for Fesschain. These opinions are not investment recommendations but the community's perspective on Fesschain. Please do not make a purchase decision based on these Fesschain opinions.
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Fesschain opinion #1
FessChain (FESS) is again an ICO (Initial Coin Offering) project, which aimed to revolutionise the block chain. In doing so, they use non-hippy catchwords in their descriptions, such as "neutrino framework", "advanced technology" etc., just to attract potential investors. The existing blockchains are inadequate in their execution for a mass adaptation. With the FessChain everything should be better and therefore as many as possible should participate in the project. It is not clear to me where exactly the innovations should be compared to other large block chains. This is probably what others think, because at the moment there is only 800.000 $ of market capitalisation left.
For me it is again one of many projects that jumped out of all corners during the ICO hype phase to grab as much capital as possible.
Now the project is just languishing in the >1000 places in the CoinMarketCap.
Clearly a project with a lot of "red flags" and therefore hands off!