Review on Amoveo by Robiul Islam
Amoveo is a highly scalable proof-of-work blockchain.
This gives it a chance to come up with a project that could potentially compete with competitors. Given the lack of not only exchange listings but listings on other Cryptocurrency monitoring websites, If this list goes into effect, it has an incredible amount of potential. It has a long way to go but if you’re prepared to hold for the long term, it may just pay off from these catalysts alone.
Despite the lack of marketing / exposure and lack of volume due to little in the way of exchange lists, there is an incredibly dedicated community behind it. Maybe everything changes over time!
As with any investment in a low-cap project, you must do own research.
Pros
- It uses Oracle to ensure that the correct information is provided in the smart contract in charge of performing a number of functions.
- It takes things a step further by exploring the possibilities of stabilcoins, crowd-funding, insurance and even derivatives.
- It is exploring the full spectrum of possibilities that Oracle has brought to the table.
- They have an incredibly dedicated community behind it.
Cons
- They have some very well established competition in this place. Auger and Aeternity have been around for quite some time and are in use today. The lead developer (Jack-Bitcoin) working at Amovo also helped work on the other projects, so he is well versed in this model.
- Lack of research resources and exchange listings.
