Review on Nexus by LUIS RIVERO R
Contract and Dapps platform
This is a project that has been developing for more than 5 years, its highest peak was in 2018 as the majority of cryptocurrencies with an approximate price of $ 9 currently follows a descending scale in its price and capitalization in the last year with an average of $ 0.20.
Now this cryptocurrency has its own chain, it is designed to be able to mobilize the entire platform is not a cryptocurrency specially designed for payments, since it is used to boost the use of the network.
In general, so much time in the market is not usually discussed much about Nexus, it has really lost its commercial and technological value, since despite being a network to boost the use of Dapps and smart contracts not found in operation, so this leaves a lot to talk about Nexo.
Pros
- Rewards for staking.
- Highly scalable in DAPPS and transaction processing
- Theoretically 50 seconds per transaction.
- Low Fees
Cons
- High competitiveness in the contract market.
- Falling market capitalization.
- No compatible popular mobile wallets, or at least the ones I usually use.
- Without implementation of your network in real uses, DAPPs, contracts, etc.
- It is listed in few exchanges.
