Review on Communitycoins by francis fernandez
Communitycoin: the power of crypto in the hands of the people
Crypto projects increasingly seek to bridge the gap between blockchain technology and individuals.
For this reason, applications are constantly emerging that increasingly involve the actors and situations of the daily life of the human being.
Communitycoin was born as a cryptographic alternative that seeks to subtract power from the great technology moguls and make it available to communities.
Communitycoin is a platform that works without custody or intervention of third parties to promote digital asset exchange operations through the use of its cryptocurrency COM.
Its founders are business entities and computer experts who combined their sources of technological knowledge to create a currency that gives autonomy to the community.
Token:
The community platform powers its operations with its native token COM COIN. This is a digital asset that tries to maintain its value stability to minimize the risks of market volatility.
Utilities: Token utilities include:
• Transfer of assets between accounts • Serve as a means of payment to purchase goods and services
• Shipping without restrictions to any destination and any amount
Technology:
The community network employs a peer-to-peer communication mechanism; which simplifies its interface and contributes to maintaining its decentralization.
One of the most outstanding aspects that this project offers, in addition to giving prominence to the community; It is its purpose to develop technological strategies that contribute to the welfare of society in general.
Pros
- It is not subject to third party control
- It is publicly accessible
- Provides an easy interface
Cons
- It is traded in few markets today
