Review on KingMoney by Pedro O. Alvino M.
Blockchain-based network marketing system.
A project that consists of facilitating financial transactions in the network marketing system through the blockchain, where much of the design of the King Money project chain is based on the bitcoin network, so that it is located adapted for the network marketing system and various network security protocols to prevent attacks on the system.
In order to provide a more flexible environment for distributors and sellers in network marketing, the project will have a system of free intermediaries in conjunction with several decentralized strategies in terms of commerce for said consumers, in addition the development of the project is backed by various platforms and companies with experience in network marketing.
The problem that the project sustains is the lack of support from the community, since the development of marketing has been very poor, so that in terms of services available to the project are relevant for the network marketing section, there is still very little demand in this sector, so focusing a services in conjunction with the blockchain will take time to adapt to the market and the crypto community.
Pros
- Found by network marketing companies.
- Presents a validation system for miners, to avoid 51% attacks.
- Designed for companies and institutions for high management of financial transfers in the network.
- Avoid intermediaries and made up of a decentralized peer-to-peer system.
Cons
- There is very little technical information about the project and the KIM currency in the project ecosystem.
- The development of the project within the framework of the roadmap has not yet been completed.
- It has very little community in its social networks.
