BitKan profile
BitKan Profile (KAN)
Rating: E | Poor
Adventurous Nano Cap
Project Safety Score

Tue, Jan 25, 2022 1:30 PM

E
Rating Poor
Market Cap $16521165.187281
24hr Volume $225341.24031993
Price $0.0017328080349621
Review

BitKan

token

Ethereum

BITKAN as an App serving cryptocurrency users and integrating market, information, mining monitoring and wallet, it provides four language versions, namely Chinese, English, Russian and Japanese. Now it has more than 5 million users from 170 countries around the world. BITKAN provides quotations and candlestick charts of more than 2,200 kinds of cryptocurrencies from more than 50 major cryptocurrency exchanges around the world. It has achieved News cooperation with more than 70 international media. The daily news updates are over 300, and the daily reads of the News section are over 500 thousand. BITKAN provides wallet services for digital asset transfer, such as BTC, BCH, DASH, ETH, SAFE, and it has provided stable and secure wallet service for the assets of 170,000 users. The team will launch the first blockchain-concentrated community around the blockchain industry based on the BITKAN platform: K Site. The community will encourage users to produce high-quality contents, and users can get profits in the form of cryptocurrencies by publishing high-quality contents. The communities created by users in the community will be presented in the form of "K Site". The creators can set up the "K Site" to pay for admission or join for free. By composing high-quality contents, it can attract other users to join in and form their own "K Sites". Users having joined in can read the contents of the "circle" or post their own content in the "circle". On the other hand, users can also set a certain content for paid reading, the more people who read, the greater the income. Users can also reward the content to encourage the author to continue to compose more and better content. KAN will be used to pay for the platform services of BITKAN. If a user keeps sufficient amount of KAN will enjoy a certain percentage discount for service fees, and service fees will be deducted from KAN. The main project team comes from BITKAN, which currently provides price monitoring, news and information, mining monitoring, wallet and other services for cryptocurrencies. Users can store cryptocurrencies simply, conveniently and safely through the BITKAN app. At the same time, they can check the market price of cryptocurrencies of major exchanges in real time, get timely and fresh industry information at home and abroad, and set up price reminders by BITKAN app. And it has real-time mining monitoring, which allows you to master the running condition of the mining machine whenever and wherever possible. The token is called "KAN". A strict limit of 10 billion KAN will be issued, and will never be increased. KAN will be issued according to the Ethereum ERC 20 standard. KAN's profit comes mainly from the payment fees, exchange fees and membership service fees from the BITKAN platform. BITKAN is already online. The team is currently developing the "K Site" feature which is a decentralized crytocurrency-concentrated & content payment community. KAN will be online as the same time as the "K Site" feature, which is scheduled in May 2018.

Read more in the whitepaper:
http://www.kan.land/static/whitepaper.pdf

BitKan Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0x1410434b0346f5be678d0fb554e5c7ab620f8f4a

BitKan 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

BitKan Safety Report

BitKan has a safety score of 3.4

BitKan is a nano cap token.

BitKan is suited to a adventurous investment style.


BitKan 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 team
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile

BitKan Red Flags

There are currently no BitKan red flags.


BitKan Development Score

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


BitKan 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
  • Low number articles to calculate the sentiment

BitKan 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 BitKan?

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 BitKan 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:
  • no reddit articles
  • very low hashtag tweets
  • no gitHub account watchers

BitKan Awareness Score

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

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

BitKan 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:
  • Good project age (released Jul 30, 2018)

BitKan 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.

BitKan 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.

BitKan Exchanges
BitKan Explorers
KAN
Member Ratings (KAN)

5/5

1 review
Ratings and reviews left by our members do not impact the profile score.

Jason

Wed, Jul 14, 2021 3:12 AM
Not a scam, but just not very active. Trading bots on the app are good for making money.
0 0

70%

Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile

Member Signals

5/5

(1 review)
Member Ratings
Market Cap Rank:
809
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.

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