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Oloruntobi Ajilore photo
Lagos Nigeria
1 Level
17 Review
0.25 Karma

Review on Maker by Oloruntobi Ajilore

Revainrating 3 out of 5

Maker, a new shift in cryptocurrency world

I love the project makers due to the fact that it's a decentralized project on the ethereum blockchain which aim at reducing the price volatility of its DAI against other currencies.
It's also good for business, finances and personal investment as it compete with other currencies in crypto world .
Although it has not enjoyed much support, makers team need to work to improve and develop the project. 



Pros
  • It employs decentralized system
  • It's good for private investors
  • Its qualify to be used in place of other currencies
Cons
  • Its quite expensive
  • Needs to gain popularity in crypto ecosystem
  • There are a lot of competition which tell the team to work more harder
  • It is not as stable as professed

Comments (2)

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May 23, 2020
Maker is a decentralized platform based on ethereum blockchain which aim to reduce the price volatility of its DAL again other currencies. It is also good for business, finances and personal investment as it compete with other cryptocurrencies in the world.
May 23, 2020
Maker allows it users to use ethereum resources to create and generate Dai on the maker platform, once Dai is generated it can be used in the same way as cryptocurrency. It allows decentralized payment this is very good.