There are plenty of cryptocurrency which arisen after bitcoin boom. ATC coin is one of them which is more popular among Indian. Let us know about the currency how it is making fool to innocent Indian.
ATC Coin, found online at The Coin You Trust Most, wants you to believe that it’s the next big thing in the world of cryptocurrency. Like other MLM-style cryptocurrency scams, ATC Coin tries to convince you it’s the next bitcoin. By buying ATC Coin today, you can get rich quick – at least according to the information on the The Coin You Trust
No Open source code: ATC coin has no open source code on Github. The source code which they are providing is fake if you check it on Github.
No white paper: If you go to the site of ATC coin you will find that coin is not has any white paper on its website.
List of promoter: The first problem is that there’s minimal information on the official website. We know virtually nothing about the creators of ATC Coin or the executive team of the company. Instead, the website focuses mostly on how much money you’ll make. There is no information about the promoters of the ATC coin (ATCC). If you go to ATC website you find name of only one person Subhash jewaria, who is an Indian businessman. One of the most worrying things about ATC Coin is that the company dedicates a page of the website to “Legends Involvement”. That page claims Bill Gates, Eric Schmidt, and other major industry players are “involved” with the company. Obviously, there’s no evidence any major player or investor is involved with ATC Coin.www.atccoin.com
Pyramid Scheme: They are offering a pyramid scheme if you purchase coin from ATC coin affiliate. The sum which ATC coin is demanding from its customer is more than 1500 USD. When a company doesn’t offer any products or services, and exclusively supports itself through new memberships, we classify that as a pyramid scheme.
ATC Coin Compensation Plan And Business Opportunity: Like most pyramid schemes, the goal of ATC Coin is to convince you to give money to the company. The company claims that by giving them a small amount of money today, you can enjoy an enormous amount of money in the future. With ATC Coin, you’re investing in a digital token called ATC Coin. The company claims the value of that coin will skyrocket in the future. You buy a certain number of coins today with the expectation that they’ll rise in value in the future.To start, you’ll need to invest 100,000 INR (about $1500 USD) in exchange for 50,000 ATCC. You’ll receive 50,000 ATCC upfront, along with 4500 ATCC per month for 18 months.
Number of coin in circulation: Total number of coins which are in circulation is 10,525,960 ATCC and total number of coins in supply is 205,525,960 ATCC while maximum supply of coin is 410,000,000 ATCC. There are only 10% coin in circulation. The day all the coins are out in the market value of coin will fall suddenly.