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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on pNetwork by LUIS RIVERO R

Revainrating 4 out of 5

Decentralized voting platform. It offers great benefits to holders.

This is a decentralized economy platform focused on holding the token.
The difference in this chain of blocks is in the interaction that Holders have in the network, since they must cast votes to receive rewards.
One of the greatest strengths of this project is focused on the security of the entire network.
Any member of the community plays an important role within the ecosystem.
Compared to other Defi's it has some disadvantages and they are basically related to its use and characteristics.
Pnetwork has no actual use cases.
It is focused on the digitization of financial services.
It is only for the purpose of maintaining.
In general, it is necessary to implement more use of this asset since when reading its technical document or characteristics, its use seems quite reduced, also despite the fact that one of its pillars is decentralization, it is quite complicated to belong to the network of validators, which can make only some individuals maintain the majority of the verification power of this asset which causes some mistrust, although this idea is well justified since to belong you must be an active member in votes within PNetwork.



Pros
  • You can be a transaction validator and earn pTokens
  • Decentralized government, holders can cast votes on the network.
  • It has a good annual return the first two years.
Cons
  • It currently has little real utility.

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