2018 Cryptocurrency Review | Top Ten Zero-Value Coins

In 2018, the cryptocurrency industry has reached its darkest hour. Not only has the price of cryptocurrencies plummeted, but there has also been strong regulation in terms of policies. Many cryptocurrency public accounts have been blocked, and many unreliable cryptocurrencies have also been killed. So today I will give you an inventory of the top ten zero-value coins in 2018.

Issue price: 11.2 yuan

Current price: 0.09 yuan

Release date: August 9, 2017

Number of exchanges: 6

Project Introduction: Centra is a decentralized debit card and decentralized wallet based on blockchain technology. With the Centra wallet and Centra card, you can manage and use virtual currency assets for payment, investment or trading in real time.

From the historical trend chart of the currency, we can see that the project actually developed quite well at the beginning, reaching a high of RMB 27. However, in April of this year, the price of the currency began to plummet and approached 0.

The price plunge is strongly related to a piece of news. On April 3, the U.S. SEC published an article on its official website titled "SEC Suspends Unregistered Fraudulent ICO". The article explicitly mentioned the fraudulent behavior of Sharma and Robert Farkas, co-founders of Centra Tech, involving an amount of up to $32 million.

This also shows that the CTR project is a very unreliable fraud project. As soon as this news came out, the price of the currency plummeted by 70%.

At the same time, the SEC article stated that Centra provided and conducted unregistered financing through the "CTR token." Sharma and Farkas allegedly claimed that the funds raised from the ICO would help build a set of financial products. In addition, several executives listed on the project Centra website are also fictitious.

Subsequently, Binance issued a CTR risk warning.

OKex also delisted it from the exchange.

Currently, the price of CTR is approaching 0, and it seems that this currency has no chance of recovery.

Release date: January 20, 2018

Issue price: 2.2 yuan

Current price: 0.009825 yuan

Number of exchanges: 1

Project Introduction: StarChain is a global entertainment digital asset chain created by the Starchain Foundation. It has an open, well-scalable blockchain infrastructure for the cultural and creative industries.

At the beginning, STC Chain was favored by many people, but later they found some strange things. For example, their main community is in China, but there is no Chinese white paper. Their founder Liang Yu has a background that has nothing to do with the blockchain industry. He was originally a golf academy coach for 3 years, and now he has become the founder of a blockchain project.

There is false advertising in the project.

They also used celebrities such as Simon Yam to increase the credibility of the project.

From its historical trend chart, the price of STC fell from 1.08 yuan to 0.14 yuan from January 21 to March 31, a drop of 87% in two months. Then it ushered in a strong rise in April, and then began to fall continuously and approached 0.

Release date: November 2017

Issue price: 0.66 yuan

Current price: 0.023451 yuan

Number of exchanges: 2

Project Introduction: Maverick Chain is committed to building the best BAAS (Blockchain as a Service) service platform in the blockchain industry. By using Maverick Chain's BAAS platform, blockchain application development can be made easier and faster, and more non-blockchain assets can be migrated more conveniently.

In the past year, Niu Chain has been working hard, constantly launching new products and establishing new collaborations, but the price of the currency has been slow to rise and has instead been falling, which is very strange.

Judging from the trend chart of the NIU Chain, its current price has already approached 0, which is 99% lower than the highest price of 2.25 yuan . Since August 9 this year, the price has fallen below 0.1 yuan. Four months have passed, and the price is still falling. It has fallen to 0.02 yuan. It may be very difficult to rise in the future.

Release time: 2018-05-24

Current price: 0.0044 yuan

Number of exchanges: 2

Project Introduction: vSport is a digital asset confirmation and trading platform for the entire sports industry, with football as the entry point. Through the creative application of blockchain technology, the existing business model is innovated, and the core industries in the football ecosystem, including clubs, events, stars, media, sponsorships, etc., are moved to the blockchain. vSport is committed to allowing fans around the world to share the wealth of football and "return football to the fans."

Judging from the historical trend chart, VSC has been falling since June 19 this year, from the highest point of 0.51 yuan to the current 0.0044 yuan, a drop of 99%.

Release time: February 2018

Issue price: 0.08 USD

Current price : 0.00003363 yuan

Project Introduction: NYC project was released on March 6, 2014, Scrypt algorithm, GPU mining, no pre-mining, no IPO, 30 seconds per block, a total of 100 billion. It is truly created by the New York Coin Fund team in the United States, pure foreign currency. It has windows, MAC, Linux, and Paper wallet (online) wallets.

The highest price of NYC reached 0.0057 yuan, and has been in a downward trend since then.

Release date: January 16, 2018

Current price: None

Number of exchanges: 1

Project Introduction: An application focusing on decentralized blockchain in the film and television field, dedicated to making film investment as simple as fundraising, opening up film production to everyone who loves movies, and making film distribution as simple as blockchain. One day, you can become a director or an artist in a second without leaving home, and you can invest in any movie you like.

Film and TV Chain was suspected of team fraud from the beginning. The head portrait of an engineer in the team was actually an actor from Canada. Later, MDC's chief marketing officer Ekaterina photoshopped a photo of herself with former US President Obama, which was really hilarious. After that, there were signs of a large number of market crashes to harvest leeks on the market.

The most important thing is that the project has no application yet. It is purely a scam to make money.

Release date: January 27, 2018

Issue price: 2.4 yuan

Current price: 0 yuan

Project Introduction: Superstar blockchain technology aims to eliminate various problems encountered in film production and industry operations, and solve the lack of funds for film shooting. While increasing income for film and television companies and stars, it allows members to share the rewards brought by high-quality resources.

The MXCC project is a well-known scammer in 2018. It plummeted by 90% on the day of listing, which was a heavy blow to the scammers. From its launch to its harvest, and then to its runaway price, MXCC created a new record of scammers in just 6 weeks. From the beginning, MXCC boasted that blockchain and movies were combined, and that while celebrities and movies were making money, users would get a generous share, which made many users want to get rich quickly.

Later, we started to cooperate with other projects to create an illusion that we are really reliable, so that users would be fooled. Finally, we released a subscription time, hoping to whet the appetite of participants and tempt them to be eager, which was like a thirsty marketing. Then users were really fooled. The project owner took away 5 billion and ran away.

Release time: June 2018

Current price: 0.003472

Number of exchanges: 2

Project Introduction: ZJLT (full name: ZJLT Distributed Factoring Network) builds a decentralized credit self-certification and accounts receivable factoring ecological network for enterprises with core customers. It is similar to Tencent’s latest blockchain application based on supply chain finance and an enhanced version of the UK’s Populous project.

From the whole trend chart, the price of ZJLT has been falling and is now close to 0. This project has a very obvious phenomenon of cutting leeks. The founder Zhu Pan is also a disciple of the famous investor Xue Manzi. When the price of the coin plummeted, Zhu Pan also said that he would raise the price of the coin, but the leeks waited until the end and did not wait for Zhu Pan to pull the price up. Instead, Zhu Pan announced his withdrawal from the cryptocurrency circle abroad.

Release time: 2018-01-11

Issue price: 0.2 yuan

Current price: 0.002992 yuan

Number of exchanges: 5

Project Introduction: SHOW ONE — An interactive live broadcast platform based on Ethereum, where people can build their own decentralized live broadcast. SHOW ONE plans to solve problems such as profit distribution and content incentives in the live broadcast field through blockchain technology.

Team strength: Hu Zhensheng, former CEO of Huajiao, Huang Yaguan, co-founder of Weipai. In addition, all team members are members of Weipai and Huajiao Live, and have rich experience and accumulation in the field of live broadcasting.

From the historical trend chart of SHOW coin, we can easily find that it dropped from 0.2 yuan at the opening price on January 10 to 0.04 yuan within 7 days. Then someone found that the white paper of SHOW coin was fake. After buying it, they found that there was no code written. It took only one week to write a white paper and then put it online for trading.

Just make up a currency, find someone to customize a white paper, copy a few lines of code from the website, find famous trading platforms such as Huobi.com and OKEX, and Show Coin was born. Many people bought coins in the early stage because they saw that there were big guys supporting them. In fact, this kind of project is the easiest to cut leeks.

Release time: end of January 2018

Issue price: 0.66 yuan

Current price: None

Project Introduction: The original intention of ARTS is to build a global art trading platform through blockchain technology to solve problems such as the identity, record, and liquidity of artworks.

There are many problems with the ARTS project itself. For example, in the early stages of the ICO, the name of "YiKu.com" was deliberately used to raise funds. The domain name and name of YiKu.com were also borrowed in the mass private placement information. The real YiKu.com issued a statement to refute the rumors, saying that ARTS had nothing to do with it and accused the ARTS project of being a "fake."

Using celebrity effect to attract users. According to the arrested Jiang Jie, the actual controller of ARTS is Hong Heting, and other people, including Jiang Jie himself, were deceived by Hong and written into the white paper. Among them, He Huan, the founder of Blackstone Blockchain, had nothing to do with ARTS' ICO.

During the early stage of ARTS private placement, there were many distribution channels, and the phenomenon of legal currency tokens and cash futures flying together was very serious. From private placement to listing on the exchange, it was a completely black box operation.

In fact, many zero-value coins have been created this year, and their appearance has also made us see clearly how many unreliable projects exist in the digital currency market. Currently, in the bear market, only the digital currencies that can withstand the pressure are good projects, and they will have greater value when the bull market comes.