Hard to find much substance to this coin, aside from a wallet and website.
First twitter mention was by
https://twitter.com/redtheminer but almost no mention by anybody after that, less than one page of hashtag
https://twitter.com/hashtag/lomocoin?src=hashSomebody who speaks Chinese could Google search
site:8btc.com 邻萌宝 and try to figure it out.
Very possible it is a fake coin built on nothing, or could be an ambitious project that just needs time.
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WTF? I've posted numerous times in this thread, pointing out the WeChat announcement. Do you know what WeChat is? A social network with a user base second only to Facebook. WTF is 8btc? 8btc is a bullshit site with barely any users. Why would you go looking there? Because some Americans told you it's a good site in China? LOL.
Of course there won't be any info on Twitter or Reddit, etc. Twitter isn't used much in China and neither is Reddit. This is a Chinese coin. One of the co-founders has a PhD from one of the top schools in China. This coin is real and it's being supported by the smartest developers.
Also, you can download their apps in the Android and iOS app store. There is nothing fake here. You are clueless. There wouldn't be $13mil USD daily volume on this coin if it was fake. That's the same amount of volume as ANTShares.
Good luck with investing with your poor research skills.
I don't really understand where you are seeing evidence of anything substantial.
An announcement was posted, and that indicates some user base that somehow is invisible on Google and 8btc?
They have an app, therefore you say they must be giving accurate information?
And somehow us$13m volume in a day, when there is no indication of where the volume comes from, indicates that it is not a pump coin?
I am trying to be clear that I do not know if there is substance to the coin, and I try to find out.
If, as you say, "One of the co-founders has a PhD from one of the top schools in China", you could post some links to bios of coin founders on other sites.
Traffic on the website does not really look consistent with a major project, but it might be, it just isn't clear.
https://w3bin.com/domain/lomocoin.comThis domain is ranked number 1161476 in the world. We estimate this website generates about $1 USD of daily revenue. It seems Lomocoin.com has about 205 daily visitors.
It looks like a coin that is being pumped, whether there is substance behind the pump I do not know. You probably do not know either, but at least I know that I do not know.