Review on JBOX by Paul Maduagwu
JBOX is bringing video streaming to Blockchain.
$JBOX serves as incentive for content creators and viewers on the JBOX video streaming platform. This is made possible by the platforms Proof-of-Upload (POU) and Proof-of-View (POV) algorithms.
The projects explanatory video on their official website had a lot of price speculation which I might be seen as a red flag, but JBOX does have a good plan for their coin. By attracting funds through Advert placements, sale of their various streaming devices and strategic partnerships they plan to keep $JBOX and the platform working.
At the time of writing this review, FinexBox Exchange is the major trading market for $JBOX, followed by VinDAX Exchange. There is a token burn planned, which usually have positive effect on the price of good crypto projects. It is one thing to look forward to on $JBOX.
Overall the project looks solid, better than a lot of crypto projects out there that are only based on promises. Also I like their method of mining by rewarding users for enjoying their leisure time.
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Pros
- Backed by a working product (Video content sharing).
- Mineable coin. Users earn tokens for Using the platform.
- Good social media presence.
- It's ERC20 so can be stored on any Ethereum token compatible wallet.
Cons
- Listed on only a handful of exchanges.
- Explanatory video on official website has a lot of price speculation.
