Review on Reakoin by LUIS RIVERO R

Name: Reakoin
Item: Reakoin
Rating: 2

June 16, 2019

a cryptocurrency for payments

This project is centered in a niche already crowded by other allcoins that are offered as alternatives to payment to fiat money. But there are many questions that I left when reading the information on your website. They should place more technical details that support this asset. As relevant information is that it has its own active and verifiable chain, it is possible to audit the transactions. It needs innovation to be able to stand out, since looking for data in diverse forums and sites the information is little or null, there is a general ignorance about this project. It has a long period in the market and is still far from increasing its value and recognition. Should focus objective goals, remembering the existence of multiple projects aimed at payment methods.
However, reviewing the official information does not yet have a mobile wallet that allows payments to be made quickly, bearing in mind that according to the same will be available soon.
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Updated 5 years ago

Rating has not been changed

At this moment it has an extremely low volume of transactions, it is still listed in a few transactions of relevant interest or low capitalization.
The market in which they are registered is highly saturated, but there are other Brazilian projects that have a similar profile of use. Although its roadmap establishes 2020 as the moment for its implementation as a store currency.
I consider that projects like this one should show more data, use cases and the way in which stores should implement it.
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Pros

fast transactions
Based on the original bitcoin chain
Possibility of making minimum payments with low fees.
It has its own chain of blocks.
It is one of the first cryptocurrencies launched in South America.
Where is located your team has unique characteristics for the exhibition of the benefits with this technology.

Cons