Buzcoin is endorsed by popular Russian TV personality Olga Buzova, and that’s pretty much it.
BUZCOIN is a cryptocurrency, the settlement unit of the BUZAR blockchain platform.
A vaguely described product, BUZAR is supposed to be something between an all-in-one social network and a wide functionality marketplace at the same time. Basically, the idea is to create an application that has the abilities of Facebook, Viber, Tinder, VKontakte, and Amazon, accompanied by live streaming facilities as well!
Their apparent task is to create a unique product that will be convenient for users. To do this, the BUZAR team plans to create a multifunctional service with a well-developed security system and a simple and intuitive interface.
The only problem? (Well actually, one of the many problems)
They have no idea how to do it.
The vision could have been very interesting if there was an actual product and team behind the project.
The white paper appears to be very arresting and wondrous, but that’s just the part where they’ve featured Ms Buzova’s photographs. Apart from that, the ICO is, as reviewed by Vladimir Nikitin, ‘a piece of joke’.
The problems described and the solutions offered are extremely engaging and remarkable, but the visibility of the execution in the distant future, by this team in particular, is far from being remotely impressive. The idea is practically unrealisable.
The team represented in the white paper contains misrepresentations about specialists. There is not enough information about the team and the backing of this ICO by celebrity Olga Buzova gives no evidence of her participation in the project.
In the words of Blockchain Evangelist Denis Smirnov, Buzcoin is most likely another High-Yield Investment Program, which uses a popular personality to attract inexperienced investors.
|Price||1 BUZ = 0.1 USD|
|Accepting||ETH, BTC, LTC|
|Hard cap||210,000,000 USD|