Review on Celo Gold by Amit Singh
A financial system that enables conditions of prosperity for everyone.
It is creating a very ambitious financial platform that can have a huge impact in the real world. The protocol is well designed to handle unbanking problems and cryptocurrencies. Any investor and / or blockchain enthusiast needs to look not only at the investment perspective but also at its purpose and innovative technology.
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Considering the final goal and how quickly the project, the upward potential is huge. If the platform starts taking some traction and market acceptance, it will probably attract investors and since the platform provides incentives to lock tokens it helps in price discovery.
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Pros
- An ambitious mission to make great use of blockchain, supported by a large number of reputable investment firms and individuals inside and outside the blockchain industry.
- The protocol combines unique technologies that ensure network security, development incentives, and addresses major issues with cryptocurrency adoption.
- The team and mentors are impressive with lots of work experience from top companies and strong academic backgrounds. The Alliance of Partners is at the forefront in a variety of areas, with a combined reach of more than 400 million users.
Cons
- This is still a new and complex protocol at an early stage, it needs to be tested in the real world to make sure it works as intended. Investors should be aware that achieving project missions is not going to be difficult and easy.
