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Credits Review

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Average

Revainrating 3.5 out of 5ย ย 
Ratingย 
3.5
Crypto Projects, ERC20

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Description of Credits

Credits (CS) is a cryptocurrency . Credits has a current supply of 249,471,071.21 with 223,456,423 in circulation. The last known price of Credits is 0.00728233 USD and is down -1.48 over the last 24 hours. It is currently trading on 4 active market(s) with $11,861.53 traded over the last 24 hours. More information can be found at https://credits.com/en.

Reviews

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Type of review

Revainrating 4 out of 5

The fastest and most scalable blockchain platform for dApps

Many people like to invest in projects that are based on some type of platform with tokens, anyway due to the problems and rising fees of Bitcoin there's still obviously a very high need for a crypto based payment processor that's capable of processing many transactions for a low fee. The main problem with projects like this is that the development is bound to take a long time so it may not suit short term investors. It is an open blockchain. A unique technological platform for theโ€ฆ

Pros
  • It is targeted to be an all in one solution for a many sectors. Crypto Payments, Smart Contracts, Issuance of Financial Assets and Decentralized Data are all listed as solutions on Website. If they can handle all of these avenues properly and market their product to the right investors, theyโ€™ll potential solve issues that projects are solely focusing on. In simple terms, if it is successful, they have the potential to provide solutions that other projects are trying to solve, capturing a share of each of those markets and potential stealing the spotlight in these areas.
  • It boasts one of the biggest teams iโ€™ve seen working on a blockchain project which is pretty impressive. From an investors point of view, it is looking like a pretty good opportunity to invest in a potential competitor to current leaders such as Ethereum and NEO.
  • The potential to process up to 1 million transactions per second.
  • Cheap operations costs of just 0.01%.
  • An average transaction speed of just 3 seconds.
  • Makes it possible for users to make micro payments again due to the speed of the network and low fees.
Cons
  • Not a big amount of concerns for it from my side. Roadmaps and Github activity are something i take a look at but shouldnโ€™t be the only way to gauge development progress. Github is inactive when considering their team is supposedly includes big number of Developers.

It will be better for all investors if the Credits team actually come to fufill their project promise.

Pros
  • The idea behind the project is great, having a super fast and efficient blockchain that can make millions of transaction in a very little time.
Cons
  • We have not seen any update about the project it seems they are lagging.