Review on NairaX by Vincent Michael
Naira X: A backup version of the Nigerian currenency.
Nairax is decentralized cryptocurrency that is associated with the Nigerian currenency system to enhance the currency of the country. The currency is been developed to serve as a backed up version of the countries currenency system. Naira X is developing a secure system for the users to have a safe transactions running the project, the currency will be used to manage the country economic system which will serve as a great help if the country could agree to the this development. But right now the country is having some issues with cryptocurrency, the country government need to approve and understand the importance of cryptocurrency. It will set a standard to the country, Africa and to the whole world. They are so many benefit associating with Naira X, the only problem is the inability for the token to be popular among cryto users. It has been domant for some time and thus feature is reducing the rating of this project. The platform has to create more interesting features and develope the social media sites, so that user's could get quality information about the project
Pros
- Developing a secure standards associating with the Nigerian currenency.
Cons
- Not popular
