Review on City Coin by Douglas Cachazo
City Coin (CITY): Project and token at the service of smart cities.
Apply the versatility of new Blockchain technologies for developments that benefit in providing innovative services for the benefit of society by providing solutions to smart cities and in general.
Smart cities are an urban concept with a futuristic vision that a few years ago were considered science fiction and today are a palpable reality,
To this end, this interesting project is developing its own blockchain and a whole platform that will host innovative developments oriented to applications that will provide services to smart cities, in the areas of communication, commerce and others.
There are already interesting developments that are available such as: trading tools, registration of property whether real estate or vehicle, for insurance and others, all with the aim of providing a better service without many complications as we find in traditional cities.
It bases its economy on its City Coin token which has had a good performance this year. Despite being accepted only in a couple of exchanges, the profits from mining and staking in a percentage go to-. Foundation for smart city development and accelerator incubator pots, hedge fund pots which accelerate ventures with smart city developments, this relationship is perfect.
The token is also used as a means of payment in developed applications and can be stored in the City Hub wallet which is the platform's wallet.
Interesting project which I will back, the on my list of long term investments. Investing betting on the long-term success of the project.
Pros
- Project to boost smart city developments
- Excellent project concept and planning
- Own blockchain, token and platform.
- Already has interesting developments
Cons
- More disclosure to make it better known
