1 Level
6 Review
12 Karma
Review on Maker by Anh Manh
MKR is a cryptocurrency depicted as a smart contract platform, deployed on the…
MKR is a cryptocurrency depicted as a smart contract platform, deployed on the Ethereum blockchain. Its purpose is to stabilize the value of a bond known as DAI through smart contracts called Collateralized Debt Positions (CDP). It can be sent and received by any Ethereum account, or any smart contract that is programmed to use the MKR transfer function. MKR’s value is attributed to the DAI bond, which is pegged to the US dollar, meaning that 1 DAI = US$1.
Pros
- This project has a great potential,This product will increase user knowledge and adoption.a means to launch an ICO, with many additional features being planned for the future. It is extremely versatile because it was designed to be used by developers of any level and in any industry . The Komodo project is based on anonymity (so it comes as no surprise that many of the Komodo team members initially chose not to reveal their identity)
Cons
- I feel that the Maker is really good with the platform as a trading platform. But I'm really disappointed in the ability to market and reach out to the community.
