Beacon profile
Beacon Profile (BECN)
Score: 3.71 | Poor
Adventurous Nano Cap
Project Safety Score

Thu, Dec 2, 2021 12:48 PM

Score 3.71
Rating Poor
Market Cap $787083.71021415
24hr Volume $7220.96268643
Price $0.44203415137444
Review

Beacon

coin

Beacon is a Proof-of-Stake masternode coin created to make a difference in the real world and support an ecosystem of platforms. Designed as a long-term, low inflation cryptocurrency, Beacon is a multi-faceted coin that aims to bridge the gap between a strong investment and achieving something noteworthy. BECN is a Proof-of-Stake (POS) / Masternode (MN) coin with pre-allocated percentage rewards.

Read more in the whitepaper:
https://www.beaconcrypto.org/#whitepaper

Beacon 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

Beacon Safety Report

Beacon has a safety score of 3.71

Beacon is a nano cap coin.

Beacon is suited to a adventurous investment style.


Beacon Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • reddit
  • tradingview profile
  • exchanges

Beacon Red Flags

There are currently no Beacon red flags.


Beacon Development Score

The Beacon project has 5 active source code repositories.

The most recent commit was Thu, May 6, 2021 3:53 PM

  • 8 Watchers
  • 3 Stars
  • 342 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • no stars
  • no watchers
  • low mentionable users
  • no repo stars

Beacon 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 more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Below average number articles to calculate the sentiment

Beacon 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 Beacon?

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 Beacon 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:
  • extremely high hashtag tweets
  • no reddit articles
  • poor gitHub account watchers

Beacon Awareness Score

The awareness score indicates how well Beacon 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 Beacon is but a good measure of longevity is how well the project is known by the general public.

Overall Beacon 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:
  • low search result total
  • very poor number of news articles mentioning Beacon
  • very poor number of headlines about Beacon
  • very poor number of Beacon YouTube videos

Beacon 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 Jan 1, 2019)

Beacon 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:
  • very 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.

Beacon 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.

Beacon Exchanges
Beacon Explorers
BECN
Member Ratings (BECN)

5/5

1 review
Ratings and reviews left by our members do not impact the profile score.
Bobby
Mon, Mar 25, 2019 7:07 AM
Coin with a lot of potential. The developers are slowly chipping away at adding features and real-world use cases.
1 0

81.25%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • reddit
  • tradingview profile
  • exchanges
Member Signals

5/5

(1 review)
Member Ratings
Market Cap Rank:
1977
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Beacon Github
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