FuturoCoin profile
FuturoCoin Profile (FTO)
Score: 1.70 | Weak
Adventurous Nano Cap
Project Safety Score

Thu, Oct 28, 2021 9:49 AM

Score 1.70
Rating Weak
Market Cap $122434.121338
24hr Volume $56.60834836
Price $0.00122434121338
Review

FuturoCoin

coin

1stgen blockchain

FuturoCoin is a cryptocurrency which combines proven solutions with innovative technology. FuturoCoin’s code is extended version of Dash's code. Thanks to that, we have access to new solutions and upgrades, created by Dash society and our team. FuturoCoin (FTO) was created in response to market demand for cryptocurrency which would allow retailers to accept payments from buyers safely and immediately. This goal was achieved using two mutually complementing tiers of nodes. The first tier, ordinary nodes, is responsible for maintaining proper functioning of the entire decentralized blockchain network. The second tier, or masternodes, is responsible for the specific functionalities introduced by FuturoCoin. It provides, in particular, immediate execution of all transactions (InstantSend) with simultaneous protection against double spending. In addition, FuturoCoin developers, who know about scalability issues occurring in other cryptocurrencies, have used the second tier of nodes to maintain a minimum and fixed transaction fee. FuturoCoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. FuturoCoin is now mainly used by over 2 mln community of clients of FutureNet network.

Read more in the whitepaper:
https://futurocoin.com/download/futurocoin-white-paper-en-31.01.18.pdf

FuturoCoin 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

FuturoCoin Safety Report

FuturoCoin has a safety score of 1.7

FuturoCoin is a nano cap coin.

FuturoCoin is suited to a adventurous investment style.


FuturoCoin 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:
  • project team
  • twitter
  • tradingview profile
  • exchanges

FuturoCoin Red Flags

Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.


FuturoCoin Development Score

The FuturoCoin project has 9 active source code repositories.

The most recent commit was Wed, Mar 25, 2020 11:48 PM

  • 100 Watchers
  • 143 Stars
  • 9 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • poor stars
  • poor watchers
  • no mentionable users
  • no repo stars

FuturoCoin 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 blank indicating that this project is either not well-regarded in the community or simply no one is talking about FuturoCoin. 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 blank

FuturoCoin 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 FuturoCoin?

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 FuturoCoin 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 gitHub account watchers
  • no reddit articles
  • no hashtag tweets
  • no search result count

FuturoCoin Awareness Score

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

Overall FuturoCoin 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
  • no news articles mentioning FuturoCoin
  • no news articles directly about FuturoCoin

FuturoCoin 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 Jun 7, 2018)

FuturoCoin 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:
  • no 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.

FuturoCoin Red flags
  • The Twitter account suspended.
    The Twitter account (FuturoCoinFTO) linked to this project has been suspended.

    severity: critical
FuturoCoin Exchanges
FuturoCoin Explorers
FTO
Community Trust Score (FTO)

1/5

2 reviews
Marta
Mon, May 27, 2019 3:46 PM
Read this: https://walczak.it/blog/futurocoin-copy-dash-without-decentralization to understand why its centralized
0 0
Dee Ragon
Fri, Apr 26, 2019 2:49 PM
Spam project led by spammers for some forum advertising bounty.
1 0

73.33%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • twitter
  • tradingview profile
  • exchanges
Community Signals

1/5

(2 reviews)
Community Trust Score
Market Cap Rank:
5943
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
FuturoCoin Reddit
FuturoCoin Github
FuturoCoin News