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Golos Review

3

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Poor

Revainrating 2 out of 5  
Rating 
2.1
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Description of Golos

Golos is a social media platform where everyone gets paid for creating and curating content.

Reviews

Global ratings 3
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  • 3
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Type of review

Revainrating 3 out of 5

Going down the drain

Its a social platform that connects people together, its basically for the Russians. Its simple,you write contents and you are rewarded for it with some tokens. Its reward are based on the uniqueness of the content posted by the user. I don't think its going to last due to it's restrictions. It has great and unique system, well developed and created. I think they forgot that number of users in a platform add great greatly to it's growth, popularly and also generate more traffic. They will need

Pros
  • Interacting and reward platform.
  • Strong security and privacy
Cons
  • Language barrier.

Revainrating 2 out of 5

Don't see a major long term growth.

Similar to the Steemit platform, it also has a rewards system in which users are rewarded for their upgraded content. The platform seeks to encourage content creators to create high quality content. This is accomplished through a systematic voting process that rewards creators of platform users with native tokens, and helps promote and promote quality content.

Pros
  • The entire blockchain is decentralized and out of control of any single team.
  • It uses both POW and POS as its sensible mechanisms.
  • The platform consists of rounds of 21 blocks where 21 representatives are selected by vote of the token holders once per round to validate the transaction.
Cons
  • Since January the price seems to be again on declining path.

Revainrating 2 out of 5

It is popular among Russian speaking people.

It derives its value from the platform, its growth is directly linked to the growth of the entire platform. However, it is only a platform meant for the Russian-speaking peeps, so its growth is also limited by the number of Russian.

Pros
  • This is a blockchain protocol that was created specifically for Russian peeps. It is part of a three token ecosystem where each token has a different purpose. It can be locked as a power security to facilitate P2P transactions to gain more benefits on the platform.
Cons
  • The platform does not appear to be available in other languages so it does not appear to have attractive value.