Header banner
Revain logoHome Page
indicoin logo

Indicoin Review

3

·

Poor

Revainrating 3 out of 5  
Rating 
2.8
Crypto Projects

View on AmazonView on ЯM

Description of Indicoin

Indicoin is a platform independent, autonomous social service DApp for a community of people who really want to contribute for the society. It aims to use the technology of Blockchain and Smart Contracts to provide meaningful tasks to the user community and attaching a monetary value (indicoins) on these tasks approved by the community through a decentralized, unbiased and transparent voting process. The idea behind Indicoin is to create an inclusive community of people who are incentivized to do socially positive and constructive tasks.

Reviews

Global ratings 3
  • 5
    1
  • 4
    0
  • 3
    1
  • 2
    1
  • 1
    0

Type of review

Revainrating 3 out of 5

My approach to the project.

Indicoin is an independent, independent social service DApp platform for the community of people who really want to contribute to the community. It aims to use Blockchain and Smart Contracts technology to provide meaningful issues to the user community and to add value (indicators) to these issues approved by the community through a decentralized, neutral and transparent voting process. The idea of Indicoin is to create an inclusive community of people who are motivated to do socially positive…

Pros
  • There are social platforms.
  • They can be motivated by community work.
Cons
  • I didn’t find the negatives.

Revainrating 2 out of 5

Dapp platform for autonomous social service

Indicoin a cryptocurrency from India was created with the intention of creating a social ecosystem in which people and users can receive an incentive for the social work done in which they are accepted by a decentralized community within Indicoin that verifies said work through the presentation of the contents of the work carried out. Built on the Ethereum network, it is considered the first asset in India to be built on this network, in addition to this, smart contracts are also executed that…

Pros
  • India's first cryptocurrency built on the Ethereum network
  • Provide incentives for social contribution on the platform
  • First to promote a system of social causes with blockchain.
  • The distribution of rewards is done through the execution of smart contracts
  • Supports various digital media to verify evidence of social work.
  • Platform compatibility on multiple devices
Cons
  • It has very little community
  • Establishing a social service platform with blockchain can be risky given the acceptance of a community and the current situation that the world is going through.