Review on NewYorkCoin by Bola Leye
GOOD PROJECT WITH A BRIGHTER FUTURE
You will agreed that for a project to be around since 2014 and still in existent is not a childish play. I need to commend the team behind the project for their hard working, though i will like to make some suggestion based on my opinion to help the platform.
WALLET
This asset can be store in any wallet that suit individual, both the mobile wallet and cold wallet. This is really good for the project because security on any asset is important. There is one wallet suggested by the official platform that can be used.
EXCHANGE
One of the thing that make the project popular and accepted is making the asset available for traders to access. The team behind the project do their best to list the coin in some exchanges.
MINEABLE
NYC can be mine which also the added advantage for the coin. it is using prove of work for crypto miners to mine the new token.
PAYMENT FOR GOOD AND SERVICES
I love the asset it utility, it can be used for any form of transaction where digital asset is allowed by the merchant.
MY OPINION ABOUT THE PROJECT
I appreciate the effort of the team behind the project for sustaining the project till date despite many competitors. In my opinion there are many things they need to improve on for the benefit of the project. I commend them for some of the give away to create awareness and for people to accept it the more. I will suggest they work on listing the NYC on many well know exchange for traders to get familiar with the coin.
Pros
- NYC can be use to buy goods and services both online and retail shop
- The project has good road map that will help the coin to grow sooner or later
- Mobile wallet and cold wallet can be used to store the asset
- Good pair on crypto exchanges
Cons
- Not popular despite the project has been established years ago
