1 Level
4 Review
13 Karma
Review on Loopring by Felix Banuchi
Definitely watch this project and try to find the right entry point for a…
Definitely watch this project and try to find the right entry point for a great potential investment. They are solving a tough problem in the marketplace and from what I hear this team is working hard and can execute.
Pros
- Loopring is working on a protocol that can unlock a ton of potential for the blockchain marketplace. This should be on everyone's radar because their work could finally make decentralized exchanges trade volume/liquidity a formidable challenge against the better centralized exchanges. Also they are working on cross chain consensus capabilities that will be very exciting for the marketplace. I've had talks with product leads for blockchain companies and they really love the work these guys are doing. It also helps that the founder of NEO, Da Hongfei, is an advisor to this project.
Cons
- This team is primarily heads down in the technical development (not a weakness), but they are not the best at managing communication or a community. Some of this may be cultural since it is a Chinese team, so you wont read as many pep messages that seem to fill some of the better managed communities.
