Lox Network profile
Lox Network Profile (LOX)
Score: 1.65 | Weak
Highly Speculative Nano Cap
Project Safety Score

Sun, Oct 24, 2021 12:42 PM

Score 1.65
Rating Weak
Market Cap $0
24hr Volume $410159.66927919
Price $0.00571450450805
Review

Lox Network

coin

Lox Network is the world's first blockchain mobile security network and brings a revolutionary proof-of-ownership use case to NFTs. The network, powered by the decentralized XRP Ledger for its speed, reliability, and cost-effectiveness. Lox Network uses a three-token ecosystem consisting of LOX, SmartLOX, and SmartNFT, all relying on each other to prove you own a specific mobile phone in case it's lost, stolen, or you need to show a buyer proof of ownership before selling it. SmartNFT is an NFT representation of the user and records this data to the XRP ledger. SmartLOX is an NFT representation of a mobile device that includes the make, model, and the IMEI, also recording this data to the XRP ledger. LOX is the front-end system powering the Lox Network mobile app. Lox Network bridges these two unique NFTs by pairing them together to demonstrate the owner of the two unique NFTs is the rightful owner of the device using irrefutable, publicly verified evidence pulled from the decentralized XRP ledger. Lox Network can be used by anyone from a school student needing the phone to stay in touch with teachers and fellow students to large corporate logistics departments needing to audit and validate their mobile phone inventories. The Lox Network API can also integrate with cell service providers, insurance companies, and manufacturers alike.

Read more in the whitepaper:
https://spark.adobe.com/page/QEhCDpsDd5CyA/

Lox 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

Lox Network Safety Report

Lox Network has a safety score of 1.65

Lox Network is a nano cap coin.

Lox Network is suited to a highly speculative investment style.


Lox 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
  • twitter
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Lox Network Red Flags

There are currently no Lox Network red flags.


Lox Network Development Score

The Lox Network project has 2 active source code repositories.

There have been no commit to any of this accounts repos

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

Lox 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 overall sentiment is very poor indicating that this project is either not well-regarded in the community or simply no one is talking about Lox Network. 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 very poor

Lox 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 Lox 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 Lox 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:
  • average hashtag tweets
  • no reddit articles
  • very poor gitHub account watchers
  • no search result count

Lox Network Awareness Score

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

Overall Lox 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:
  • no search result total
  • no news articles mentioning Lox Network
  • no news articles directly about Lox Network

Lox 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:
  • Brand new project age (released Oct 7, 2021)

Lox 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.

Lox 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.

Lox Network Exchanges
Lox Network Explorers
LOX
Community Trust Score (LOX)

--/5

0 reviews
No reviews
Be the first to leave a review

No one is talking about Lox Network, be the first to start the conversation.

Do you think Lox Network is a scam project which will disappear in a rug pull in the next few months or do you think Lox Network is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

60.00%

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
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
3289
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Lox Network Github
Lox Network News