raffcoin.com Reviews
is raffcoin.com legitimate or a scam?How much trust do people have in raffcoin.com?
Why is the trust score of raffcoin.com very low?
1. Lack of Credible Information: The website lacks credible information about the team behind the project, their experience, and their qualifications. This is a red flag as legitimate projects usually provide detailed information about their team.
2. Unrealistic Promises: The website makes unrealistic promises of high returns and rewards, such as winning large sums of money in lotteries. This is a common tactic used by scams to lure in unsuspecting individuals.
3. Vague Tokenomics: The tokenomics section on the website is vague and lacks detailed information about the token distribution, allocation, and use cases. Legitimate projects usually provide transparent and detailed tokenomics.
4. Lack of Security Measures: The website does not provide clear information about security measures to protect users' funds and personal information. This is a significant concern, especially for a platform dealing with financial transactions.
5. High Minimum Investment for VIP Tiers: The website mentions a minimum investment of $10,000 to become a VIP member. This is an exorbitant amount and is often used in scams to extract large sums of money from individuals.
6. No KYC Checks: The website claims to pride itself on not conducting Know Your Customer (KYC) checks. While some users may see this as a benefit, it can also be a red flag as KYC checks are a standard practice for legitimate financial platforms to prevent fraud and money laundering.
7. Lack of Regulatory Compliance: There is no mention of regulatory compliance or licensing, which is essential for any platform dealing with financial services, especially in the cryptocurrency space.
8. Overemphasis on Investment and Rewards: The website heavily emphasizes investment, rewards, and earning money, which is a common tactic used by scams to attract individuals looking for quick and high returns.
9. Lack of Clear Use Case: The website does not provide a clear and practical use case for its native token, Raffle Coin. Legitimate projects usually outline specific use cases and utility for their tokens.
10. Unclear Governance Model: While the website mentions a decentralized governance model, it does not provide detailed information on how this works and how users can participate in governance.
It's important to exercise extreme caution when dealing with platforms like raffcoin.com. Always conduct thorough research, seek independent reviews, and be wary of any platform that makes unrealistic promises or demands large investments without providing adequate information and transparency."
the reasons behind this review :
Lack of Credible Information, Unrealistic Promises, Vague Tokenomics, Lack of Security Measures, High Minimum Investment for VIP Tiers, No KYC Checks, Lack of Regulatory Compliance, Overemphasis on Investment and Rewards, Lack of Clear Use Case, Unclear Governance Model
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content Archive Age is quite old Whois data is accessible | Low review rate by AI Domain is new Domain does not rank within the top 1M on the Tranco list. |
Domain age :
2 months and 25 days
WHOIS Data Status :
Accessible
Website :
raffcoin.com
Title :
RaffleCoin | Decentralized lottery
Website Rank :
3390136
Age of Archive :
5 year(s) 9 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 :
2024/02/21
WHOIS last update date :
2024/05/16
WHOIS Renewal Date :
2029/02/21
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=raffcoin.com
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=raffcoin.com
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=raffcoin.com
IP : 52.17.119.105
ISP : AS16509 Amazon.com, Inc.
Country : IE
IP : 63.35.51.142
ISP : AS16509 Amazon.com, Inc.
Country : IE
IP : 34.249.200.254
ISP : AS16509 Amazon.com, Inc.
Country : IE
Name :
GoDaddy.com, LLC
IANA ID :
146
Registrar Website :
https://www.godaddy.com
Phone :
+1.4806242505
Email :
abuse@godaddy.com
Target : hera.ns.cloudflare.com
IP : 172.64.32.162
ISP : AS13335 Cloudflare, Inc.
Country : US
Target : art.ns.cloudflare.com
IP : 173.245.59.102
ISP : AS13335 Cloudflare, Inc.
Country : US
This website was last scanned on August 23, 2024
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