Review on HeartBout Pay by Pedro O. Alvino M.
Community project based on social networks.
Composed of a community system based on a mobile application of social networks, which allows users to publish content, opinions and various ideas in order to receive prizes with the project token, this according to the value of the publication in the application .
The system and the architecture of the project is very simple and at the same time dynamic, since it has characteristics of fashionable social network app designs, so that it is more comfortable and familiar for users familiar with these applications, in addition to being able to count rewards with the project token for only publishing content, although the latter will depend on the value of the publication that other users give it.
Social networks in the blockchain ecosystem have had little demand and there are a number of projects based on this system, so projects such as HeartBout Pay may have very little representation and impact on the market, since they are based on a community project. Application development may be limited given the low capital, in addition to having an economy of the token based on its distribution as a reward and incentive can generate decreasing voracities in the market.
Pros
- Offers a community ecosystem based on an open source application.
- Incentives users according to the publication of valuable content in the application.
- Compatible with various video and photo formats for publication in the project app.
- Designed and adapted to functions based on fashionable social networks.
Cons
- It is based and connected to the Ethereum network, which freely prevents the management of the project token (HP).
- There are already a large number of projects based on social networks with incentives.
- Usually community projects lack with little development capital and terrible token economy.
- Very little community in social networks which is vital for the project services.
