Review on Kyber Network by koltci ...

Name: Kyber Network
Item: Kyber Network
Rating: 3

January 28, 2019

One of the most promising DEX projects. Still low actual volume. It needs to…

One of the most promising DEX projects. Still low actual volume. It needs to face significant competition. Probably it will spike in popularity during very possible future governments bans for centralized exchanges.
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Pros

- works as a fuel for a decentralized exchange and its protocol - Kyber Network; - it's a working product; - open source; - detailed explanation of the technology, inner mechanics and economics of the project delivered by the team on the website; - at least one promising advisor - Vitalik Buterin; - good ratio of actual daily trade volume to whole coin market cap [Kyber Network Tracker]; - company is located in Singapore - a place of above-average economic freedom;

Cons

- quite centralized organizational structure; - strong competition - for example: Bancor, 0x, BitShares; - success of the project strongly depends on the ability to acquire new partners for the liquidity protocol; - still fairly new project - about 18 months;