Based on historical data this idea didn’t work once before beyond one hype month during a bull run and I cannot see any significant differentiators with MagicShoes that tell me it is going to be any different this time.
Beyond an extremely corny name and pretty much a carbon copy of an idea that did not work well before, the team are not doxed which raises concerns about transparency, and the presence of a dual token economy adds complexity without clear benefits. All this is all screaming to me stay away and save your money from being wasted.
I thought they may save themselves from a 1* as I saw ‘Rental System’ on their whitepaper and I am extremely familiar with this new NFT technology and very enthusiastic about it so I was very interested to see how they implemented it. However the whitepaper currently states ‘To be updated’ in bold red letters which nullified any tiny bit of enthusiasm I had.
Lets just give this project an overall 1* and move onto the next one shall we. Show Less
