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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Counterparty by Robiul Islam

Revainrating 3 out of 5

P2P financial applications on the Bitcoin blockchain.

This is made unique by the fact that the Bitcoin blockchain has an executable smart contract, which will ultimately increase demand and hence the value of the token. The platform is also ultimately versatile, with some projects already in use and many more in their development phase. As the demand for the platform increases, the value of the token will increase, making it a good opportunity for long-term investment.



Pros
  • This is made unique by its rare method of token generation - the "proof-of-burn" method has no after-sales, ICO or token excavations.
  • The platform stand out is the sheer versatility of the crypto space, despite being driven by any technology.
  • It was also the first cryptocurrency to allow the development and execution of smart contracts on the Bitcoin blockchain.
Cons
  • While this may be discouraging the position in the cap market rankings of the global market, it does not indicate the huge potential and promises of a coin show.