Review on Nectar by RODRIGO REIS

Name: Nectar
Item: Nectar
Rating: 2

October 22, 2020

This project needs a big boot

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Nectar is an ERC20 token with some utilities and importance for DeversiFi exchange. Native token available to trade in some exchanges. 

There are a lot of tokens on the market. Therefore, the project must be solid, well structured and have great partners to be able to prosper. In addition, it should convey an image that excites potential investors. Advertising is the lifeblood of the business and it seems to me that this project is to be desired in some of these points
 
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Pros

Nectar token has an important role on DeversiFI Exchange(decentralised exchange). Nectar is a native token considered as an utility and governance token
NEC holders can vote in necDAO and they have fee discounts on DeversiFi exchange..

Cons

Few exchanges are trading this token. Token price is low
Token has low trading volume
Project without great structure. Great challenge in the face of strong market competitors