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Review on X-Protocol by Deepanshu Sharma

Revainrating 4 out of 5

Creative yet simple in use with a Polkadot ecosystem in place

To begin with lets get an overview on the website and the portal of the X-protocol. Its simple with smart management of content, everything can be seen wether its team or social media profiles. The utility is quite good and is creating an interlink between different ecosystems like ETH, PD, Kusama. The best part which i think is best is the ability to link the parachains as well. The goals and roadmap looks clear and focussed. The DeFi interlink would increase the accessibility and availablty of the native token on mutliple exchanges both centralized and decentralized. Also, the team is going with the current trends of NFTs in the market and is looking to build the same.

Pros
  • Cross-chain availability
  • Polkadot and ethereum interoperability.
Cons
  • High competition within the space
  • The token utility is not much clear