Degen.tips Reviews
is Degen.tips legitimate or a scam?How much trust do people have in Degen.tips?
Why is the trust score of Degen.tips very low?
https://Degen.tips redirected to https//www.degen.tips during the time we crawled it. The website degen.tips appears to be a scam. Here are the reasons:
1. Lack of Credible Information: The website lacks detailed and verifiable information about the project, its team, and its development roadmap. This is a red flag for any cryptocurrency or investment.
2. Unrealistic Claims: The website makes grand claims about reshaping ecosystems and enabling content creators to earn significant rewards. Such claims are often associated with scams.
3. Token Distribution: The detailed breakdown of token distribution, including airdrops, liquidity mining, and ecosystem allocation, can be a tactic to create an appearance of legitimacy. However, it can also be a way to obfuscate the actual distribution and control of the tokens.
4. High Inflation Rate: The mention of a 1% inflation rate set to begin in 2028 is unusual for a cryptocurrency, especially without clear economic reasoning or mechanisms to control inflation.
5. Vague Team and Partner Information: The vesting of tokens for various entities, including the team, without clear identification or verifiable information, is a common tactic in crypto scams.
6. Lack of Independent Verification: There is no independent verification or reputable third-party sources confirming the legitimacy of the project.
7. High Market Cap Relative to Information: The claimed fully diluted market cap of $1.15 billion seems disproportionately high for a project with limited verifiable information and a short history.
8. Limited Online Presence: While the website mentions social media links, the actual engagement and presence on these platforms should be independently verified. Scam projects often create the appearance of social media presence without genuine engagement.
9. Lack of Technical Details: The website does not provide detailed technical information about the token, its blockchain, or its underlying technology.
10. Lack of Regulatory Compliance Information: There is no mention of compliance with relevant financial regulations or oversight, which is a significant concern for any investment or financial project.
It’s important to exercise extreme caution with any investment, especially in the cryptocurrency space. Always conduct thorough research, seek independent verification, and be wary of projects that exhibit the red flags mentioned above.”
the reasons behind this review :
Lack of Credible Information, Unrealistic Claims, Token Distribution, High Inflation Rate, Vague Team and Partner Information, Lack of Independent Verification, High Market Cap Relative to Information, Limited Online Presence, Lack of Technical Details, Lack of Regulatory Compliance Information
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content Whois data is accessible | Low review rate by AI Domain is new Archive is new |
Domain age :
4 months and 1 days
WHOIS Data Status :
Accessible
Website :
DEGEN.TIPS
Title :
Home | Degen
Description :
Turning content into currency with Degen.
Website Rank :
N/A
Age of Archive :
0 year(s) 3 month(s) 13 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Let's Encrypt
WHOIS registration date :
2023/12/19
WHOIS Renewal Date :
2024/12/19
Organization :
Registrant of degen.tips
State/Province :
West Yorkshire
Country :
GB
Phone :
+49.68416984300
Email :
3d5667c6c3@degen.tips.whoistrustee.com
Organization :
Registrant of degen.tips
State/Province :
West Yorkshire
Country :
GB
Phone :
+49.68416984300
Email :
3d5667c6c3@degen.tips.whoistrustee.com
Organization :
Registrant of degen.tips
State/Province :
West Yorkshire
Country :
GB
Phone :
+49.68416984300
Email :
3d5667c6c3@degen.tips.whoistrustee.com
IP : 76.76.21.21
ISP : AS16509 Amazon.com, Inc.
Country : US
Name :
1API GmbH
IANA ID :
1387
Registrar Website :
http://www.1api.net
Phone :
+49.68949396x850
Email :
abuse@1api.net
Target : ns1.iwantmyname.net
IP : 62.116.159.99
ISP : AS15456 InterNetX GmbH
Country : DE
Target : ns3.iwantmyname.net
IP : 89.146.248.96
ISP : AS8495 INTERNET AG Global Network
Country : DE
Target : ns4.iwantmyname.net
IP : 74.208.254.95
ISP : AS8560 IONOS SE
Country : US
Target : ns2.iwantmyname.net
IP : 217.160.113.131
ISP : AS8560 IONOS SE
Country : DE
This website was last scanned on August 23, 2024
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