What i think about Regal Coin ICO #1 (10/9/2017)

in cryptocurrency •  7 years ago  (edited)

My views about Regal Coin ICO

You have probably heard about Regal coin ICO days ago. It might not be a hot topic anymore but there are some who might still be interested in this coin.
i have been keeping an eye on Regal Coin 2 days after it release but i choose not to talk about it and give it some time. This is based on my opinion after taking a look at the platform.


Before i begin, i would like to make it clear that i am not calling Regal Coin a scam nor claiming it has potential to make you rich.


If you want more information of Regal coin, you can view its white paper here.


Language

Regal Coin have 6 language to choose from

RC Language.PNG

This shows who Regal Coin are targeting. By having more language on board, it will allow more people to use it which is a good thing. However when i tried to change language, it doesn't allow me to change (It in ICO state so more time might be needed)


Referral
Note that i did not do any research on why this happened
Inkedreferal_LI.jpg
When i created my account, I immediately have 1 direct referral which is weird. That person also have a FAKE phone number.

Inkedsett_LI.jpg
In my setting page, it has a "my referral" corner which shows that i am under someone which is also weird because i register from the website itself.


Design/Layout

In my opinion, i think that the layout for Regal Coin website is poorly done. The color chosen, images used & the fonts used doesn't feel professional. I am surprised that people invested in their coins even though their webpage cant give you much assurance. If you are dealing with millions of dollar, you might want to consider giving off a professional vibe even when it is in the trial stage. (But well they are still in the ICO state so there are more room for improvement)

i also think that they portray their site like Bitconnect. the first time i entered the website, it gave me a Bitconnect 2.0 feel. There's nothing wrong about this but like i said if you are dealing with millions of dollar, you might want to portray uniquely to make yourself stand out.


Upgrading their website

The time i wrote this article, Regal Coin claims that it is upgrading it system. i have $100 worth of BTC with them and i am not allowed to withdraw. I also was unable to buy an Regal Coin with those BTC too because they claim that their coin sold out fast.
It could be due to the system upgrade that prevents me from withdrawing BTC.
Also during the login page, the "remember me" checkbox doesn't work for me.


Regal Coin information

There are no information about Regal Coin development team, no signs indicating that there are any Regal Coin products or services. It also doesn't have the most assurance piece of information which is information about the creator or where is it based. Without this information, i am sure EVERYONE has their doubts.


  • Please note that i may be wrong with some point or they might fixed it in the future. what i wrote is based on what i saw at the point of time (10/9/2017).

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Life is like a coin!
ha ha: my fav part . LOL

to some its true :)

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