Review on CelCoin by LUIS RIVERO R
Cryptocurrency of Latin America. (little known)
This cryptocurrency was developed for users in Latin America, it is listed in several exchanges although with a small volume. The latter must be taken into account since it was launched since 2016 according to official records detailed by this platform.
Has it fulfilled its purpose throughout these years?
We must take into consideration the moment in which this cryptocurrency was launched and the market to which it was destined, basically the Latin American market only in 2020 is that it is formally developing, CelCoin was born to fill that market niche, becoming a token payment for goods and services.
However, so far it can be said that it has not managed to capture the market or the people it wanted to reach.
Current utility.
For now, it focuses on continuing to offer its market services and being a value token for the exchange of goods and services, in addition to a Smart Staking service in which holders can receive rewards for referring and holding this asset.
In general there is no data about its development or new services to offer, all information about its developers is anonymous. If you are thinking of investing in this asset, you should review the benefits of it since in personal consideration it does not meet many characteristics that could increase its value at some point.
Pros
- Compatible with any wallet that supports ERC-20.
- You get rewarded for the funds you keep.
- Its usefulness is to become a payment cryptocurrency.
Cons
- No information about its developers.
- There is no data on new progress or release details that can create value.
