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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Netbox Coin by Pedro O. Alvino M.

Revainrating 3 out of 5

Decentralized web browser

Consolidated as a project based on a web browser that is composed of an architecture of nodes that provide security and stability to the browser, in addition to having a rewards program for the activity that it generates in the browser and includes innovative services and benefits in NBX coin.
As their reward distributions are based on the incentives to the masternode network, activity by the browser, staking service and rewards to the developer team, which this mechanism can affect the volatility of the NBX currency, given that a A large percentage of sales in the market due to reward systems can drop in price abruptly, which has been witnessed in several projects and in this case NBX is also present at the beginning of its services.
With the block chain, the browser will offer various services in terms of payment management and administration in NBX currency, but it is worth adding that even 50% of its functions are not yet complete according to its roadmap. Its rewards system can be a bit simple compared to other browsers like Brave, which focuses on ads, but this is limited only to that service in terms of management and benefits in cryptocurrencies, therefore Netbox will use several mechanisms to increase the flow of users in the browser, which increases the chain in terms of security in conjunction with the network of masternodes that it has.



Pros
  • Includes a fast and secure web browser thanks to its node system.
  • You have rewards in NBX for using the web browser.
  • It has a staking service based on NBX.
  • Offers a payment gateway system and payment card issuance for offline transactions.
  • Includes cloud storage for user files based on distributed storage space.
  • It has a large community on its social networks.
Cons
  • Several competitors in the market (Brave Browser)
  • Your reward distribution mechanism in NBX tokens can seriously affect the price of NBX.
  • Even the project is in full development of its functions.
  • Very little browser optimization.