Review on Instars by Pedro O. Alvino M.
Rewards platform for sharing data.
Designed as a data trading platform, its design has several protocols that give users the necessary privacy and rewards for sharing data on the platform.
The project architecture is mainly focused on the data market in a decentralized way, so that users will be rewarded according to the daily activities they have carried out, in addition to having several DeFi protocols with which the INSTAR platform token is included. , given the utility of the token in the ecosystem, it offers several benefits when it comes to reducing costs and increasing profits on the Instars platform.
With various market systems and data collection either for a group or people who are verified by KYC documentation by the platform, offer consent for said data research work, in which the platform also has a liquidity mechanism in your INSTAR token on various DEX exchanges.
Pros
- It has several DeFi protocols in its ecosystem.
- Offers incentives in crypto assets for sharing data on the platform.
- Its data market is systematized with oracles.
- It has a coin staking.
- Offers several videos and tutorials on the operation of the platform.
- Its services are also available for android devices.
Cons
- They are not alone in offering flexible data markets for users.
- Your rewards mechanism for activities on the platform may be reduced after a greater number of users on the platform.
- The platform's token economy is lousy in the market.
