Review on NetKoin by francis fernandez

Name: NetKoin
Item: NetKoin
Rating: 4

October 04, 2020

NetKoin - Interactive Digital Commerce for Retailers and Network Users

NetKoin is a digital asset whose initials are NTK. This token operates on the Ethereum blockchain just like the LIQUID token used by the NetKoin platform.
The NTK and LIQUID tokens are what allow multitasking within the NetKoin blockchain.
NetKoin acts as an e-commerce platform and a mobile application for the exchange of goods and services between small businesses and users through the use of a digital currency.
* NTK Token: It is the main engine of the NetKoin network for business management and its portable advertising application. It is an ERC-20 token. Its utilities include: peer-to-peer transfers, payment of rewards at Apps merchants and by barcode scanning, payment of fees for transactions on the NetKoin network, and conversion into exchanges.
* LIQUID Token: Its function is to optimize the performance of the NTK token. It is an ERC-20 token. Its utility is currently under development. It can be traded on some exchanges such as: Forkdelta and IDEX.
The platform offers multiple business opportunities to buyers and merchants, such as:
* Merchants can have virtual stores on the platform and offer rewards to their customers in NTK digital currency using advertising promotions.
* Buyers can get rewards in NTK at local merchants, exchange them for rewards in the Apps, use their wallet to send, receive and save their tokens in their wallet.
* It is a useful tool for promoting goods and services through advertising using a decentralized application.
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Pros

 It allows the functioning of a digital economy where companies and clients that interact through the virtual platform participate in free trade operations.
It offers the possibility to virtual buyers to obtain rewards in stores that can be exchanged for cryptocurrencies.
It has a desktop application and applications for mobile devices. AGAINST:

Cons

The maximum supply of your NTK tokens is 250 billion. Considered a limit well above the average of other blockchains. This could fall back on inflation.