Review on Amoveo by jesus ruiz
Review about Amoveo
We present below a review about Amoveo, which is a proof-of-work blockchain that uses the recognized Nakamoto consensus and a Futarchy governance model. The Amoveo platform can be used to design investment contracts, insurance contracts, stable currencies among others.
Amoveo is considered a global open source Blockchain platform for financial markets and derivative contracts, and is specifically designed for the execution of investment and insurance contracts.
As Amoveo executes contracts specifically using state-owned channels, its fees are low, contracts are almost instantaneous and can be backed on a global audience.
Amoveo has its own resident currency, the VEO this currency is minted through its own blockchain. The VEO coin is linked directly to the Amoveo blockchain and does not rely on a secondary platform to execute its functions.
VEO can be used to bet on political, economic and sporting events, create stable currencies, insurance contracts, as well as other derivatives.
ο»Ώ
ο»Ώ
Pros
- This is the easiest way to get started. Using this lightweight node is the same as trusting this server with your money.
- Amoveo does not depend on other networks and uses a single token for all your transactions.
- Transactions are virtually instantaneous and with low fees.
- Amoveo's oracle solution is cheap and easy to use.
Cons
- none at this time
