Review on LanaCoin by José A Rodríguez
Lanacoin: An Empty Future for a Birthday Present Blockchain
LanaCoin as many users have already discussed is a blockchain project that was born as a birthday present for the daughter of his developers. But it is an empty project, and it has had a deploy low growth during the time it has been available on the internet. It looks more like an economic blog with some useful contents than a real blockchain. It does not count with any core established in the smart-contracts as other projects commonly have. Moreover, it does seem to provide an expandable source for cryptocurrency support. This can be contrasting since the company offers their coin as part of the whole project.
The good thing of it is that it has a unique algorithm that is easy to manage, but the interesting of it is that users can learn of it for developing new sources or having it as a model algorithm. However, the entire project is still outdated. LanaCoin's provider is tirelessly informing that the platform will offer a reliable part in the near future, but sincerely, I think that would not serve so much to any purpose because it has had a little participation in the market. Besides, it does not have the necessary audience it should. Many users see the project as a funny creation that is occupying a digital place that would be better for another financial program. Certainly, I also see it in the same way. I think, moreover, LanaCoin would not be interesting anymore, at least while the company keeps offering instead of doing more.
Everybody knows that for a project becomes scalable it requires the help and support of professionals developers, and providers that are fully integrated into the financial content of the modern world. The truth is that they also require a good investment from the CEOs themselves, and that did not really happen. It was a birthday present that would not ensure any earning in the future.
Now, if LanaCoin were a kind of AI program, then the purpose of this blockchain would be more interesting because with time better assessments can come as well as total financial immersion. Despite all the real roadmap the company offers, it is not very optional to join this network and less it is the fact of thinking of it as a scalable one.
In conclusion, it is clear the rating of this project would even be lower with time. However, I suggest keeping updated with the content the company published and keep exploring the platform. I do not recommend it for anything more than just researching on it.
Pros
- Nothing to write about.
Cons
- It does not provide a reliable security path. In fact, there are no clear instructions on how the system works for protecting the user's safety.
- It is still in development and it is frequently updated but the content remains empty. There is not a clear definition for a better purpose than just being a birthday present.
- The coin launch was little and had low supply. It does not represent good value for trading.
- Partnerships and project's support are not clearly established. It does not have more products than just a digital coin.
- It does not have a reliable audience. It has lost population within the market with the low content and management it already has.
