Review on 1SG by LUIS RIVERO R
Stable backless?
This is a cryptocurrency that according to official data, is a stable token, simply a token of commercial value that maintains prices and fixed circulation using financial markets.
According to this project, everything is based on the tokens issued in the etherium blockchain, and it is also possible in theory to do bank audits to verify liquidity.
KYC verification is required.
Overall, this is a stable token that does not efficiently report how each of the tokens are backed up.
Pros
- Stable auditable coin.
Cons
- It is not possible to verify the reported information.
- Unverified development team.
- Unclear market strategy.
