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Nepal
1 Level
453 Review
106 Karma

Review on Rivex by Syed Adnan

Revainrating 3 out of 5

Next generation of decentralized solutions.

Value is to construct a whole environment that permits enterprises and developers to assemble their own blockchain-based applications and services. The ecosystem is based on Wanchain as the principle blockchain platform that permits versatility, interoperability, and security which are key components for any endeavor solution and application.
The team is utilizing both public and private chain solutions as framework and giving toolboxs, interfaces, and services to eliminate the greater part of the hindrances of executing blockchain-based applications and solutions by making it simple and less expensive for enterprises and developers to utilize it.
In general, it could be an intriguing short term investment with all the publicity and consuming model around the League of Stakes speculators ought to know about the high increment of cost in the most recent weeks and the absence of liquidity in the orderbooks.
Over the long haul, on the off chance that they can effectively demonstrate their innovation works and begin getting endeavor customers to utilize their service the token could build an increase with the appropriation of the platform.

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Pros
  • The vast majority of the tasks are taken care of off-chain to guarantee quick and high throughput transactions.
  • The utilization of both public and private chains empowers custom solutions for endeavors and developers.
  • Empowers availability and sharing of data and incentive between numerous blockchain networks.
  • A lot of tools that empowers designers, endeavors, and applications to manufacture and incorporate with the ecosystem.
Cons
  • It is highly dependent on Wanchain technology.
  • Lack of major exchanges.
  • Low marketcap, low trading volume.