1 Level
6 Review
5 Karma
Review on Maker by Kola Rasaq
MKR is a cryptocurrency that is presented as a smart contract platform that…
MKR is a cryptocurrency that is presented as a smart contract platform that works alongside the Dai coin and serves as a hedge currency, providing traders with a stable alternative to most coins currently available on the market. Maker offers a transparent stable coin system that can be fully inspected on the Ethereum Blockchain. Founded nearly three years ago, MakerDao is led by Rune Christensen, its CEO and Founder.
The MakerDAO team, which has thirty-five members, worked to develop fully inspectable and transparent stablecoin system that could operate as a trustworthy asset-backed currency and a viable option to other stable cryptocurrencies such as Tether and Bitshares’ BitUSD
Pros
- Maker covers four broad markets that can benefit from it which are in the use in gambling markets, financial markets, international trade and transparent accounting systems.
Cons
- None
