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Hefei
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130 Review
17 Karma

Review on Tellor by Nikolay Sadonin

Revainrating 4 out of 5

My review and thoughts about Tellor crypto project.

Tellor is a cryptocurrency that is comparable to Chainlink, which is one of the most important cryptocurrency initiatives. Naturally, it is much smaller and has a more narrowly focused conceptualization, but the issue it seeks to address is the same: bridging the gap between smart contracts and real-world information. To put it another way, it aspires to become a component of the global blockchain infrastructure. Such initiatives are uncommon and bold, but they offer a great deal of promise. The strongest aspects, in my view, are excellent development progress for a team that did not get substantial initial financing and a high level of attention paid to decentralization and data input security. This project seems to be underestimated, since the integration of smart contracts with real-world data is a promising and mostly untapped market segment. Aside from that, the technology and development speed are both very good for a project of this magnitude.

Pros
  • It did not have an initial coin offering or a premine.
  • It has now been developed and is in operation.
  • It was more concerned with security and decentralization than with efficiency.
Cons
  • Undervalued.

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