Latamcash Profile (LMCH)
Project Safety Score
Fri, Dec 3, 2021 5:25 PM
The goal of LATAM Cash is to provide an integrated crypto financial platform, a crypto bank for deposits, withdraws and loans for its users. LATAM Cash will provide simple payment platform through mobile, International remittance or exchange, offline payments and crypto invest funds. The platform will also provide blockchain base digital contents as games, Webtoon etc. The main features of LATAM Cash will be its inexpensive cost with no exchange commission and a low payment fee between 5% and 1.5%. Also, the convenience of making payments using QR code without any connection to Payment Gateways, and real-time payment and monitoring. For last, it’s security and reliability with its blockchain technology. The integrated crypto finance platform of LATAM Cash provides various crypto coins in one wallet specialized for multi coin. It’s safe as the platform secure your assets by End-To-End security technology provided by security experts, and the user does not have to worry about lost mnemonics with cloud backup. It’s easy to use as the platform uses a simple design that makes the management of multiple wallet addresses easy. The user can add and manage digital assets with a single click. Also it’s quick to make fast exchange of different coins between chains. The users are also able to exchange the desired coin easily. LATAM Cash market expansion strategy is to use E-commerce, offline franchises, YouTube creators and local PC Cafes. The current LATAM region game market size is of 4.2 billion dollars. The platform also aims to build a K-Coin synchronized system between Kaybo.com game platform virtual currency (K-Coin) and LATAM cash. In the virtual wallet of LATAM cash, users can store not only crypto currencies as Bitcoin and Ethereum, but also the virtual currency from Kaybo.com game platform.
Read more in the whitepaper:
Latamcash Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Latamcash 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.
Latamcash Safety Report
Latamcash has a safety score of 0.94
Latamcash is a nano cap token.
Latamcash is suited to a adventurous investment style.
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.
- project website
- bitcointalk thread
- tradingview profile
Latamcash Red Flags
Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.
Latamcash Development Score
The link to the projects repository has not been submitted yet.
Latamcash 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.
- The overall sentiment is very positive
- Extremely low number articles to calculate the sentiment
Latamcash 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 Latamcash?
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 Latamcash 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.
- no reddit articles
- very low hashtag tweets
- no gitHub account watchers
Latamcash Awareness Score
The awareness score indicates how well Latamcash 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 Latamcash is but a good measure of longevity is how well the project is known by the general public.
Overall Latamcash 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.
- very poor search result total
- no number of news articles mentioning Latamcash
- no number of headlines about Latamcash
- very poor number of Latamcash YouTube videos
Latamcash 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?
- Growing project age (released Apr 14, 2020)
Latamcash 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
- 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.
Latamcash Red flags
Website unable to resolveseverity: critical
Refused to resolve the project website (https://latamcash.io/)
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project website
- bitcointalk thread
- tradingview profile