Review on Matrexcoin by LUIS RIVERO R
A cryptocurrency with purpose.
In general, it is a renewable energy payment platform, currently there are other projects with similar characteristics, However, just as this asset does not have many use cases, its token is not really used for the purpose destined for not having Infrastructure with which this type of project can be tested.
-Currently it is available in only two exchanges, having a really low volume. Taking into account the price and the total volume of transactions, its current price is really unreliable. According to the market demand supply rules.
-If you are an investor you should keep in mind that this currency has characteristics of others that have not taken off.
-To know the truthfulness of this project, it has a complete whitepaper but it has no updates from July 2019 until September, it has few blog entries.
However, it has growth opportunities as long as they know how to use this market niche well and make sustained growth possible. This type of business is really ambitious if it is given the true importance, since field work is needed to know where this model may or may not be feasible.
If it is early to give a final opinion, I will follow this project to see how it progresses. 🌍
Pros
- Raised for the use of a product.
- It is available in CMC it is possible to track from there.
- Being an ERC 20 token, it is compatible with most wallets that support ETH.
- It is listed in two exchanges that handle large transactions.
Cons
- Daily marketing does not exceed 20 usd
- It has no real use cases on its website.
- Without a blog in Medium, it does not have activity in Reddit.
- In its social networks it does not have much activity.
- Relatively new token, it is impossible to predict how much it will occupy in the market.
