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Kolkata, India.
1 Level
261 Review
18 Karma

Review on Mochimo by Amit Singh

Revainrating 3 out of 5

Quantum-proof transaction network.

The project is building up itself as a third era blockchain project and tending to the issue of Quantum Computing. The project contains a few remarkable and imaginative highlights which are worked from the beginning.
The group behind the project has broad knowledge and involvement with the business. The codebase was composed without any preparation and isn't a fork of some other coin, in this way making it a third era digital money.
This new codebase made by the group gives them the tools with which to assemble a vigorous licensable set-up of calculations that permit anybody to build new generation money on a strong convention that guarantees life span, unchanging nature and decentralization.
Token price is as of now range-headed throughout the previous a while at around 200/300 Satoshi. Zones of interest on the disadvantage would incorporate a breakdown of the past lows. On the potential gain, a breakout over 700 Satoshi would be a region to watch.
By and large, It is third era currency and transaction network architected starting from the earliest stage to evade known issues and lacks in existing blockchain frameworks.
No matter how many features Mochimo (MCM) has, it doesn't look promising at the moment, the project is a bit cool due to Mochimo's slow development and declining token price. But over time, Mochimo (MCM) may improve a bit, but it requires extensive development and marketing. To be honest, I'm not currently in favor of investing in MCM.

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Pros
  • It has some remarkable features.
  • Tending to real issue.
  • The team behind is exceptionally amazing.
Cons
  • The has a moderately small community.
  • Absence of current use cases.
  • In case of MCM trading, the liquidity in the exchanges is much less.
  • The project is competing with several big companies in the industry.