Review on Equal by Danh Huỳnh Ngọc Công
Equal ecosystem for the best of Web3
Equal is an ambitious project when they want to create an ecosystem of Web3. However, the current development, the available product and the adoption on Binance Chain has proved that it is very potential. I think I will keep an eye on it for a very long time
Updated 5 years ago
Rating changed from 3 to 4
Positive point: Equal team is active on many different social media channels so it connects to the community and is very supportive
Pros
- - Equal token has mutiple use cases in the ecosystem the project has been building. The token will be the payment method for the products and services issued on its native store. With this token, any purchases will come with a good discount. The holders also enjoy the full usage of premium features in Equal wallet. In addition, it powers the economics created when the developers run their Dapps in the ecosystem
- - Wallet is a part of Equal ecosystem. This wallet is created to address many of the issues the current wallets, improve what have been very good and add more astounding features. Firstly it is compatible with Ether and all the tokens on Ethereum blockchain. It is also working with BNB and BEP2 tokens. Bitcoin can be stored, received and sent on this wallet. The number of available blockchain will be increase in the near future. Credit card can be used to buy and sell cryptocurrency within the wallet. They will also add a swap exchange. It allows developers to integrate the Dapps and Dexs. Its design is for everyone without many technical difficulties. Besides, it is connected to the DEXs to make deposit and withdrawal become simple. Any available assets on the wallet will be displayed automatically and users will be warned if there is any significant price increases. - The current allows users to switch between dark mode and light mode as desired and this is interesting. Overall, it is an improvement to Metamask extension
- - Dapps store is another part of the ecosystem. The big advantage of this store is that it is easy for users to identify the best DApps, and also shows the status of existing DApps, new DApps, and in-development DApps. It also shows the activities of DApps' Twitters
- - It will be traded on Binance DEX. Once getting here, the volume of EQL token will be very liquid. The integration of this token on Binance chain also means that this project is legit and it will benefit the blockchain industry
- - It will soon release an app on Android and iOS to help users access their wallet on the go
- - Users are allowed to buy Ether will credit card. This is a great functions for users who want to start their blockchain journey
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Cons
- - The current volume is low and it hopefully will increase when it is available on Binance Dex
- - The team consider themselves as humble and this is quite true. However, big things come from the smallest things
- - The project is quite new and it requires much efforts to get its name known by the public
