Review on Kabberry Coin by Japheth Ayuba
Underground work isn't enough, kabberry needs to establish themselves trustworthy
Kabberry as a crypto project might appear to be new in the cryptocurrency market but actually isn't. This project has existed side by side for years now but hasn't achieved much popularity. The project appears to be more focused on payment processing and the simplicity of doing that.
In the project I can see a lot of new development going on Sanchez mobile wallets creation for simplicity of use, an upcoming exchange by the project itself which probably will be implemented into the wallet, unique address formats that allows us users to create a name function for our addresses and so much more.
With the project using proof of stake technology, we get staking rewards. The ease of staking on Kabberry especially involving its Android mobile application, it's a very simple one and which I can simply delegate my coins and then receive daily rewards from it. Though the rewards appear to be very small largely due to the small number of users that interact with the project and it's coin.
My concerns about these projects and largely on its popularity, is traded on only one exchange, Crex24 with a $0.01 24 hour volume. This is the least I have ever seen. It's white paper and documentation is still in development and shows unreadines by the project developers. there's a lot of work going on in the background but I feel some important aspects are being left out.
According to their legal issues, the project appears to be verified but with a low adoption and popularity, I put the success of this project in a 50/50 ratio though I hope they do more
Pros
- Kabberry as we know it, is a great project positioned in place for the development of an innovation friendly and sustainable ecosystem and will bring new technology and real world together
- There is a lot of active development going on in it's ecosystem
- Mobile wallets and PC supported wallets are available
- The project uses a proof of stake protocol which rewards its stakers with mining rewards
- Kabberry in it's development has also implemented some peculiar features like Unique Address Format
Cons
- Its currently traded only on Crex24 with a $0.01 trading volume in the last 24 hours
- Very miss convinced project with very low popularity
- My Chrome browser notifies me of my connection to the kabberry explorer site as not secure
