Review on Status by Syed Adnan
More functional and powerful Web3 ecosystem.
Ethereum allows to use and spend various tokens and coins within its network. This is just one of many tokens used across the Ethereum platform that offers many other benefits besides just one token.
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Network Token is a modular utility network token that runs on the Ethereum network, serving as an open source messaging platform and mobile interface for users to access various decentralized applications capable of doing many things.
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Pros
- Available on the Ethereum network and used as a mobile browser to connect users with actively decentralized applications that allow users to interact with the other party from anywhere and work on the programs they are looking for.
- Ethereum allows users on the network to have full control over their digital identity in the accounts and to control the personal data and assets shown through digital currency and real money.
- It enables the user to gain access to a decentralized job market that allows users to work or hire someone at no cost.
- It allows the artists to share and create their content with the rest of the community, buy insurance policies, and create or interconnect companies without borders.
Cons
- If it does not adopt a better marketing strategy to gain more exposure for its Web3 related initiatives, a better future is not possible.
