Blog#106

Disclaimer:

Just like what I have said in one of my previous article. Buying a crypto currency is like your engaging into a business proposal, as you have to take out your money to invest to that project. Business isn't free, we all know that, it needs money, time and work. So by this phone call that I received from a stranger person, he is offering me their project. He want me to be part of this thing they called, future success together with the success of their project. So he was proposing me a business.

Anyway I just came to share about this coin as maybe some of you here have already encounter this coin, or maybe someone had already invited you. I just wanted to know your opinion and thoughts about this project.

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So yesterday I received a phone call from a person called Mr. Michael . Mr. Michael is one of the Business Executive of the new crypto coin called Lodicoins. He got my contact number because I sign up to their website when they promote the project in Facebook. They are advertising/promoting the coin and their giving each new members a free $100 Lodicoins upon signing up.

The Lodicoins was out and been promoted in some social media last month. I don't know when as while talking to this person from my phone he don't remember when was the exact date, he even hang up for a second to asked the month they start publishing the coin.

Anyways, what is Lodicoins?

-Lodicoin is a new cryptocurrency developed here in the Philippines that has great possibility of success along with the efforts we incorporated in this project - designed to empower Filipinos and the cultural arts using three functionality components - Digital Wallet, Gallery, NFT Creator, and Marketplace-

The Lodicoin project is a global Filipino community utility token on the Binance Blockchain. This is the future – powering today’s creator economy.

Source:https://lodicoins.com/

One of the person behind of this project is Mr. Kristoffer Lawrence Cadiva, A.K.A Kris Lawrence.

Kristoffer Lawrence Cadevida, better known as simply Kris Lawrence, is a Filipino-American singer-songwriter of dual American and Filipino citizenship.

I think most Filipino know him as he is a famous singer here in the Philippines.

Source : Wikipedia

He send me the White paper of the project, then he introduced me to their social media accounts, like Twitter, Telegram, Facebook and Discord. But since the project was just started, they still don't have a lot of members yet and I think even investors they still have few. That is why they contacted those who have registered in their website, to give more details about the project and to convince them more why we should invest to this crypto.

Source:https://lodicoins.com/legal

Then he showed me the project legality. The company was been registered in Security and Exchange Commission last August 02,2021.

But was it enough for me to invest and to put my money on risks? Well, actually I don't know, I cannot tell as the project was just new. I don't know what's the real mission of this project, but according to them, this project will allow the members to create and sell their own NFT.

Lodicoins is having a pre-sale and each coins for now only costs 0.001usd/ 0.005php, and that's so cheap tho, if the project succeed in the future then this is a perfect time to invest, but would it be? Another thing that hesitant me to invest to this coin is it's haven't been listed in Coinmarket and exchange. Well I think it's normal as the project is just new release from the internet, they can't even give me a possible month of when the coin will be listed. By that I cannot tell if I will be willing to take a risks, as we all know, earning money is hard.

He says that the Lodicoin App will be released by the first quarter next month. So if ever I purchase a Lodicoins this month, they will just give me a Purchase of Agreement, and I can only see my coins once the App was available.

Would I dare?

As of the moment

Lodicoins price is $0.001usdt/0.005php

Total supply 100,000,000,000

Available for presale allocation 25,000,000,000,

The coin haven't been listed in the market so it doesn't have a total market cap yet, he told me to wait until the release of the app and listing of the coin for me to see.

And so the proposal ended like that! I have asked him some questions that I know, but I'm not convinced yet. After we talked I made my own research but what I saw is just the same with the proposal 🤣. I ended with having a headache lol.

I'm not an expert's when it comes to research, specially about crypto currency. Even I have read some ways to know if the coin is legit, I still can't tell that I am knowledgeable about knowing the legitimacy of one coin.

Anyway if you haven't heard about this coin and you want to know more about this project you can check this link for more details, remember before investing Always Do Your Own Research.

Home, Road map, team information 👇https://lodicoins.com/

White paper: 👇

https://prod-loditech.s3.amazonaws.com/Lodicoin_whitepaper.pdf

This is all for today's blog guy's, thank you for reading.

Lead image source: Quara