Akoin profile
Akoin Profile (AKN)
Score: 3.02 | Poor
Adventurous Micro Cap
Project Safety Score

Fri, Sep 17, 2021 9:25 AM

Score 3.02
Rating Poor
Market Cap $145464975.8539
24hr Volume $155599.77889088
Price $0.32325550189755
Review

Akoin

coin

Akoin (AKN) is a cryptocurrency . Akoin has a current supply of 450,000,000 with 0 in circulation. The last known price of Akoin is 0.14614473 USD and is up 1.31 over the last 24 hours. It is currently trading on 2 active market(s) with $60,656.99 traded over the last 24 hours. More information can be found at https://www.akoin.io/.

Read more in the whitepaper:

Akoin Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Akoin Safety Report

Akoin has a safety score of 3.02

Akoin is a micro cap coin.

Akoin is suited to a adventurous investment style.


Akoin Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project whitepaper
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Akoin Red Flags

There are currently no Akoin red flags.


Akoin Development Score

The link to the projects repository has not been submitted yet.


Akoin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very poor indicating that this project is either not well-regarded in the community or simply no one is talking about Akoin. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very poor

Akoin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Akoin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Akoin has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • very good hashtag tweets
  • no reddit articles
  • no gitHub account watchers
  • no search result count

Akoin Awareness Score

The awareness score indicates how well Akoin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Akoin is but a good measure of longevity is how well the project is known by the general public.

Overall Akoin this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning Akoin
  • no news articles directly about Akoin

Akoin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Growing project age (released Sep 14, 2019)

Akoin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • poor USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Akoin Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Akoin Exchanges
Akoin Explorers
AKN
Community Trust Score (AKN)

1/5

1 review
OXG
Sat, Aug 21, 2021 7:59 AM
If we do not know for sure if Akoin token itself is a scam, but it is definitely managed by people that are potential scammers. Like any projects Akoin relied on early donors and investors to launch the Akoin project. This early capital are crutial in the development, launch and success of any product. Back in 2019, Akoin made a call to generous donors to help launching Akoin. It has been clearly advertise on their website that every donator will receive TOA (Token of Appreciations) that would worth 3 times the value of the donations. 1TOA = 1$. For example if you donated 1000$ your TOA (Token of Appreciation) would worth 3000$ (since 1TOA = 1$) you will receive 3000TOA for 1000$ donation. Those TOA would at that time hold no market value (since the coin was not available and they could not be echange or sold prior to the coin being available) but would later be converted into live Akoin tokens (has confirmed by Akoin team itself by emails they sent to donors). In other world, they will hold no market value until Akoin token went live. Few months after the donations Akoin provided logins to the donors where you could log in with their username and email and see the value of their TOA (Token of appreciation). As promise the amount display represent in USD, 3 times the amount donated. But so far this is just for display since Akoin has not been launch yet. After many delays Akoin is finally listed on Bittrex at the end of 2020. 1 Akoin token = 0.14USD. Akoin then remove access to the TOA login that was available at www.akointoa.org and start stating that: "TOAs were commemorative gifts for donations to our Token of Appreciation campaign. They hold no tradable or market value". Which is in contradiction with information shared by the Akoin team to their donators back in 2019 stating that: "Akoin plans to go live later this year, at which point TOAs would convert to live Akoin tokens". Meaning that TOA should have been converted to real Akoin token value as soon as Akoin token went live. Also If TOA hold no value, why advertise that donors will receive TOAs worthing 3 times the value of their donations? Many donors were scamed in the idea that any dollars given then will reprsent 3$ in the future. But we know now based on Akoin perspective that they already have no intention to honor that. Akoin is now saying that those TOA worth absolutely nothing regardless of how much you donated and how many of those your received. Since the end of 2020 Akoin has also claimed that while the TOA were absolutely worthless, still: "we have plan many activations over the coming months that only TOA holders will be able to participate in, where for your engagement, we will reward you with Akoin tokens!" What Akoin is actually saying is that they have no obligation of any sort regarding those donors and will simply offer whatever they like as a pure nicely gesture. Whatever those generous and amazing gifts are, we are now in August 2021 and TOA holders are still waiting. Seems that with Akoin even ridicule crumbs of nothing are not easy to get. You will note that Akoin state that While TOAs have absolutely no value, they will be generous enough to reward TOA holders with Akoin tokens that do hold real value. How generous. Let's try some math here. Remember that Akoin lied to donors by telling them that their donation will give them TOAS that worth 3 times the value of their donation. If those TOAs were to be transform in Akoin token, it would get you 3 times the value of Akoin token. 1Akoin token = 0.14USD 1000 USD would give you 7,142 Akoin Token. This means that this donation would normally give you 21,426 Akoin Token. But given the tone, here you will most likely end to a number close to 0. In other words, any one that has been an early donator in Akoin would have been better off by not giving Akoin team any money to allow them to develop the Akoin project. If you had simply waited Akoin launch, 1000USD would have bought you 7,142Akoin. But instead of this you get nothing. Once again I want to highlight the fact that early donators and early investors are the one that take the risk and try to make project take off and exist. Without them, many project would not have seen the light of day. For Akoin to spit like this on the face of his early donators, says a lot of Akoin management team and their intention. Is Akoin really about Africa? The answer is certainly "absolutely not" but this will require more time to be developped.
0 0

62.50%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project whitepaper
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Community Signals

1/5

(1 review)
Community Trust Score
Market Cap Rank:
3499
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Akoin News
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