SpectroCoin VS Republic Note

SpectroCoin Reviews

1. Jolanda Bagatin    

   Working at Centohost | over 2 years ago
   SCAM

   Fraud and gross violation of the law by criminal Vytautas Karalevicius! It is possible to make a deposit but withdrawal is impossible. They currently hold 6.000,00 euros that belong to my company and they do not allow the payment of that money to my company's account. They canceled the international bank withdrawal without notifying before, and now they are “advising” me to pay them 900,00 euros on their Bankera project, in order to withdraw the money to my company account. In short, they ask me for 900,00 euros to give me my 6.000,00 euros! In my country this is called a racket, and the sentence is not less than 3 years in prison for such an act. By doing so, they have violated the laws of their country, my country, but also the international laws on financial operations, and in addition, it is not in accordance with the license on the basis of which they operate. In short, they remove the withdrawal to bank option without announcing that they would do that, leaving only withdrawal options that are illegal in most countries of the world to be used for commercial purposes (for companies) and companies that have money with them no longer have a way to transfer that money to their bank account. I suggest to all victims of spectrocoin to file a complaint at https://www.lb.lt to have their license revoked.

Republic Note Reviews

SpectroCoin mentions (1)

• Confused about weekly revenue

  Last week, SpectroCoin, SpectroCoin Exchange, SpectroCoin Loans, and Bankera generated a net transactional revenue of 27,114.84 EUR. 20% of that was distributed among BNK holders. This totalled to 5,422.97 EUR or 15.1199116722057 ETH (given the current exchange rate of 1,793.32 euros for 1 ether). Source: almost 3 years ago

Republic Note mentions (2)

• Alright, I admit it, I work in tech, I have been in crypto for 4 years or so, and I genuinely have no idea what crypto is used for other than an investment or money transfer product. You can make apps on it?

  The web page about it is pretty vague. This doesn't appear to be an Algorand app at all but a stable coin used to distribute profits within the Republic app. That said, even STBL appears to be a larger stablecoin on Algorand with $2.4M in circulation less than one month after release. Source: over 2 years ago

• Create DAO to take minority position in physical product company

  You may want to check out how https://republic.com/note is doing it. But I believe they took out the DAO aspect. The team makes all the decisions centrally. So essentially people only own a token that represents a stake in multiple companies. Source: over 2 years ago