EgoD is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of EgoD are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review EgoD token by explaining what the coin is about, tokenomics, roadmap, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is EgoD?
Blockchain has been recognized as one of the most revolutionary technologies of this century, a lot of potential has not been conveyed properly about this technology, on that basis they (owners) invite users to explore this technology more deeply with EgoD.
EgoD is an hyper deflationary token made for the community which guarantees rewards to its holders while decreasing the supply through an autoburn function.
DogeInversed, also known as egoD, has been created with the goal to guarantee its holders a steady passive income over time thanks to the reflection tax. A bullish meme created for the community by the community.
There are 640,000,000.00 EGOD in supply worldwide.
Pros and Cons of EgoD
Pros of EgoD
- There is a surge in the market price currently
- There is a community
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – EgoD
Cons of EgoD
- The coin is still under research and development
- Project whitepaper unavailable
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is EgoD Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, EgoD have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is EgoD Safe?
Being willing to invest in any token is a question entirely up to you to answer. EgoD token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
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