Vicmove Pros And Cons: Move To Earn Project Worth To Look At.

As the hype for move to earn concept continues to build up in the crypto space, I'm on the hunt for potential projects that could really give good returns in the short, mid and maybe in a long term. Speaking of hype, I also covered and will also cover more projects in the future that has lots of red flags that gives lots of hypes to execute a possible scam.

I recently started writing about this kind of projects and this will be the fourth time. The last one was controversial as I saw lots of red flags and the risks are very high. But this article will be about a great project with a very minimal risks and currently one of my favorite project. The project is called VicMove - a move to earn project getting ready to revolutionized our daily activities.

Move And Earn With Vicmove.

Vicmove is a new crypto project that was launched in the BNBChain but will be expanded to other chains in the future. The main concept of the project is to incentivize people by doing their daily workouts using their application. Vicmove's application is now available on Android and can be downloaded already and their application for iOS approval is on the way.

Vicmove will incentivize users who do their daily workouts with their native token $VIM. The $VIM token is a Bep20 token from BNBChain and can be bought legitimately only in PancakeSwap DEX. It has been recently listed in a central exchange but the team announced that they didn't had a partnership for the listing and they were first-handedly unannounced about it. The team are looking for possible high tier CEX listing in the future but they are currently working and focusing the innovation of their app.

Pros And Cons Of Investing In Vicmove.

Like always tell in my articles, everything I write about a certain project is not a financial advice. Everything is for the idea of how the crypto project will perform in the near future by looking at the analytics.

Image source and website : Vicmove.

I thoroughly review almost everything about Vicmove and what I saw is a potentially great project. There are lots of good things in the project but only few bad about it that could still be addresses in the future.

The Pros.

The very first thing I do to review a crypto project is by looking at their token's tokenomics and what's in their smart contract. The first thing I do is to check it in a different token checker like Tokensniffer and all I get was 100% ratings. And here are a few reasons why:

• The contract was renounced so the developer cannot change anything in the token anymore. Which makes the token decentralized and community-driven.

• More than 90% of the Liquidity was lock for a long time giving more confidence for the investors to avoid a possible rugpull.

• No buy tax and only 3% tax for every sell of the token which will be used for adding more Liquidity and rewards players.

• According to bscscan, there were no addresses that holds more than 5% of the token's supply.

The project also has a transparent team and there can be seen in their website. This gives a little confident for investors knowing who they are investing into.

The Cons.

There are only few things I saw that the project need be solved:

• The project should have more audits and need to be audited for more security. The community are ignoring how important audits are and how it can help them. The project has an old audit in GitHub but things already changed especially about renouncing their ownership. Getting audits will exposed if there are any malicious codes in the smart contract like giving access to reclaim the ownership of the smart contract.

• There are lots crypto projects, specifically Play-To-Earn games, where most people lost so much money form Nguyen devs - Vietnamese project. Vicmove, despite being transparent and doxxed, are still being hesitated because of the bad reputation that other Nguyen devs left behind. And because it was on BNBChain, a chain that gave a lot of trauma from scams and rugpulls, the project seems like getting a little interest for now from the people.

Another thing which I didn't like about the project is the slow response from the team about the community's concerns. It should be understandable that the project is busy working on the project but answering people's concerns will totally make changed the rhythm in the community.

Conclusion.

Vicmove might be a slow project for now but I still love that it's taking its time to develop a product. I still personally give the project a 99% rating and will probably be at 100% it the project will give time to more audits. Vicmove is already a move-to-earn to people who bought the limited NFTs but they still can't earn $VIM tokens. Sooner or later, the project will probably announce or release their marketplace and the real move-to-earn experience will be available for everyone.