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Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Auctus by José A Rodríguez

Revainrating 3 out of 5

Auctus: Project with DeFi Channels Still in Development

Auctus is a project centred on the deFi market that is recognized just by a couple of exchanges that are not even beneficial for traders. This network is indeed looking to offer diverse options for increasing the channels of transmissions among assets on a network. Moreover, it acts with a cool speed, and it can be more recognized since it is an ERC-20 token. The place it has permits users to make it fungible. However, if I say that the exchanges are not beneficial is because the three of them are little used, and users do not trust them.

I think the company should reconsider the options of partners it has to have something better, or at least, an option that deserves more attention. Out of this, the project is defined with good features, and it goes with the high-quality of being a private network. Here, users do not have to worry about third-parties. They are the ones who manage their assets on their own. They can also interact with non-custodial activities.

The interesting fact of this project is the support it receives from the Zepellin network. Currently, it has a good safety program, and it is easy to work on it and notice how the security flows from ver the ecosystem. For more detail of that, users have the options to external links included on the platform where they can notice how it works.

However, Auctus is also a project with the common label of "future developments". Most of the features mentioned on the platform are still under experiencing. They cannot be launched without the consent of the developers, and until now they are working on them without outcomes obtained. In fact, if users notice on the page they will see the company asks for an app launching. This is something not difficult to do because of the lack of information about that particular fact.



Pros
  • Professional blockchain acting with notable caution and security. It has strong safety parameters.
  • It is an ERC-20 token that will possibly be integrated on great exchanges.
Cons
  • The project although is active on the internet, it is still in development. The company keeps working in lost of its features. There is no clear information about, and when it will be available to stake and hold on it (these are two of the main services it will offer). The platform is good, but it has a lack of management that might difficult the organization established on it.