Review on Neutral Dollar by Pedro O. Alvino M.
Financial services platform for arbitrageurs
Decentralized project that is made up of financial services but mostly for the arbitrageurs of the cryptocurrency market, which currently has problems in these areas since the volatility of some currencies can be the main problem, given that neutral dollars provide the necessary tools to cover the needs either for any merchant.
It is constituted as a decentralized project, since the architecture of its chain provides transparency for its consumers, in addition to being able to cradle NUSD for certain assets, in this case tokens, in order to mitigate the volatility of said asset and obtain better commercial advantages.
Currently the project costs very little activated since the requirements of its services in the market have not been very useful for some operators, according to the fact that there are already several platforms with this type of services, in addition to already existing several stable currencies of greater endorsement and recognition.
Pros
- It serves as a means of mitigating volatility and credit risk.
- It allows the creation and management of lower volatility tokens that serve as a unit of account or means of exchange without risk.
- Composed of a professional team and market analysts with extensive experience.
- Split mainly for the arbitrageurs of the cryptocurrency market, which currently has a deficit in this area.
- NUSD provides a variety of uses both outside and within the neutral dollars ecosystem.
Cons
- Project in the process of abandonment, has few followers and little activity in its official accounts on social networks.
- Currently NUSD does not have a truthful endorsement that provides stability in its market.
- The accessibility of the coin is nil, no Exchange supports the stablecoin currently.
