Review on LGCY Network by LUIS RIVERO R
String for dApps, currently under development.
Current status of this project: In development.
Wallet or Storage: ERC-20 Utility Token
New updates: No recent major updates.
Information on the team that makes it up: No data on the project developers.
Utility: Protocol to run Dapps.
Product or project: Blockchain, DApps.
This project is in execution, according to official data. It is intended to be a fork of TRX but with a more decentralized approach to decision making.
-Its main focus is decentralization and scalability in the network as well as an increase in compatibility with decentralized applications allowing them to be faster.
-The dApps are the engine of LGCY, in this they are allocating a large part of the resources since it will depend on the demand in general that the asset has so that it has a greater commercial value.
In general, it has a good product related to this project, as well as its support. It is necessary that they develop final products and be launched on the market at the time of launching their new network since if there is no need to purchase this token will surely drop in price, in addition to this it is still under development so its current value is based on the reporting or posting of code updates.
Pros
- Highly scalable and theoretically lower prices than other chains.
- Compatible with current protocols for Dapps development.
Cons
- It is still in development.
- Unfair distribution of the token.
- For now the only support is its development.
