Review on Communitycoins by Cesar Medina
Project to end the globalization of cryptocurrencies
This crypto project is different from the others we currently encounter. This is an initiative to empower people and communities with community currencies that are different cryptocurrencies than those initiated by institutions or ICOs. Its main objective is the decentralization and diversity of cryptocurrencies, completely eliminating globalization that despite having good characteristics has affected many. They also include an alternative open source and decentralized project called "rooty" that will balance the platform itself over cryptocurrencies taking into account other types of ideas.
In general, Communitycoins is based on promoting a circular economy that thrives on community currencies, leaving out the currencies that have global references. However, this requires development and financial education in all communities to achieve those objectives that are not yet clear in a roadmap.
Pros
- Decentralized open source project to end the globalization of cryptocurrencies and encourage people together with their communities in the development of community currencies.
Cons
- They do not have a clear roadmap and it is a project that is just beginning.
