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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Tacos by Pedro O. Alvino M.

Revainrating 2 out of 5

Deflationary token developed on the Ethereum network.

Based on the Ethereum network, Tacos was designed with the intention of promoting gaming ecosystem where the TACO token can generate benefits through DeFi projects with which the project is associated, as well as being an open source project without any central body that can manipulate the network of Tacos.
With the low availability of the token in the market, the price is continuously decreasing this due to the low support of the token holders and the functions of said asset in the market, since its function is to generate passive income through liquidity providers and farms with which the project is associated, so even the platform does not have its own system for its token, in addition, at the moment, no technical book and project roadmap have been announced, so the administration by of the founders is lousy.
Given the competitiveness of the market, there is a large number of tokens from the Ethereum network with the same mechanism, so the Taco project entering the market in a very passive way can cause an unexpected closure of the project due to the little initiative and services it provides to its users.



Pros
  • Developed for DeFi ecosystems.
  • Supports auditable smart contracts.
  • Open source project founded by the community and crypto connoisseurs.
Cons
  • The availability of the currency is very low.
  • The project does not yet have its own liquidity ecosystem.
  • The project is still under development.
  • It does not have a respectable community.
  • Very little information on the commercial capitalization of the token.

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