LGCY Network profile
LGCY Network Profile (LGCY)
Score: 4.03 | Below Average
Adventurous Micro Cap
Project Safety Score

Fri, Nov 26, 2021 8:43 AM

Score 4.03
Rating Below Average
Market Cap $112225700.37739
24hr Volume $315876.25860847
Price $0.0088269903335182
Review

LGCY Network

token

Ethereum

LGCY Network is a Layer 1, proof-of-stake, decentralized network. Supernova Mainnet handles 10.000 transactions per second at an average cost of 0,01$ per transaction. LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Running on the Libertas Protocol, the network aims to be the most decentralized dApp blockchain in the world. Bringing true decentralization with DPoS by implementing the Libertas Protocol to the Governing Bodies (GBs) system of governance. By splitting up the 27 GBs into three branches, limiting the power of each, and introducing terms to the governance system, no single large token holder will be able to gain an unbalanced amount of power.

Read more in the whitepaper:
https://lgcy.network/wp-content/uploads/2020/08/LGCYWPv1.2.pdf

LGCY Network Smart contracts and audits.

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

ETH: 0xae697f994fc5ebc000f8e22ebffee04612f98a0d

LGCY Network 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

LGCY Network Safety Report

LGCY Network has a safety score of 4.03

LGCY Network is a micro cap token.

LGCY Network is suited to a adventurous investment style.


LGCY Network 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

LGCY Network Red Flags

There are currently no LGCY Network red flags.


LGCY Network Development Score

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


LGCY Network 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
  • Enough of a collection of articles to be just about confident of the sentiment

LGCY Network 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 LGCY Network?

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 LGCY Network 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
  • no gitHub account watchers

LGCY Network Awareness Score

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

Overall LGCY Network 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:
  • very poor search result total
  • no number of news articles mentioning LGCY Network
  • no number of headlines about LGCY Network
  • very poor number of LGCY Network YouTube videos

LGCY Network 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 Aug 21, 2020)

LGCY Network 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.

LGCY Network 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.

LGCY Network Exchanges
LGCY Network Explorers
LGCY
Member Ratings (LGCY)

5/5

1 review
Ratings and reviews left by our members do not impact the profile score.
Burjakulero
Fri, Sep 10, 2021 1:35 AM
LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Running on the Libertas Protocol, the network aims to be the most decentralized dApp blockchain in the world. Bringing true decentralization with DPoS by implementing the Libertas Protocol to the Governing Bodies (GBs) system of governance. By splitting up the 27 GBs into three branches, limiting the power of each, and introducing terms to the governance system, no single large token holder will be able to gain an unbalanced amount of power.
0 0

68.75%

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
  • github
  • reddit
  • bitcointalk thread
  • tradingview profile
Member Signals

5/5

(1 review)
Member Ratings
Market Cap Rank:
463
Voted:
amazing
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
LGCY Network News
  • LGCY Network Reaches 24-Hour Volume of $593,488.00 (LGCY)

    Sun, May 23, 2021 2:06 AM

    LGCY Network (CURRENCY:LGCY) traded down 10.6% against the U.S. dollar during the 24-hour period...

    read more...
  • LGCY Network (LGCY) Trading Down 14.1% Over Last Week

    Fri, May 21, 2021 4:24 AM

    LGCY Network (CURRENCY:LGCY) traded 42% higher against the US dollar during the 1-day period ending...

    read more...
  • LGCY Network Price Tops $0.0037 (LGCY)

    Thu, May 20, 2021 12:50 PM

    LGCY Network (CURRENCY:LGCY) traded 14.2% higher against the dollar during the one day period...

    read more...
  • LGCY Network Market Capitalization Hits $56.99 Million (LGCY)

    Sun, May 16, 2021 5:28 PM

    LGCY Network (CURRENCY:LGCY) traded 10% lower against the dollar during the twenty-four hour period...

    read more...
  • LGCY Network (LGCY) Hits Market Capitalization of $64.07 Million

    Sat, May 15, 2021 9:42 PM

    LGCY Network (CURRENCY:LGCY) traded down 3.4% against the US dollar during the 24 hour period...

    read more...