Company Information

Get to know ZrCoin

ZrCoin launched in 2017 as an Initial Coin Offering (ICO) to fund the construction of a factory for producing synthetic zirconium dioxide from industrial waste. The project's mission was to create a "waste-free" production cycle while offering investors a cryptocurrency (ZRC) that was marketed as being backed by a real-world industrial asset. However, following the successful fundraising, the project's founders reportedly disappeared, and the project is now widely considered to be an exit scam, having failed to deliver on its promises or return investor funds.

Industry

Financial FundraisingPRIMARY
Crypto Cryptocurrency

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ZrCoin

United States

Founded in

Dec 2016 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.