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Pylon Network Review

6

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Average

Revainrating 3 out of 5  
Rating 
3.0
Crypto Projects, ERC20

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Description of Pylon Network

Pylon Network is designed with a singel purpose in mind: to create the first open, renewable energy exchange community, which will provide the energy markets with the signals and financial incentives that current energy policies and governance systems, are failing, or delaying to provide.

Reviews

Global ratings 6
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Type of review

This is an energetic work. To transform them into a stage to reinforce possible developments, lower costs, higher efficiency, and better client experience in the energy area overall. Be that as it may, considering everything A mission that sent a representative agreement in 2017 and still can't satisfy the enormous certifications in its aide Monetary patrons question Arch Organization's abilities Those in case can have an effect on spending and venture assets by sharing…

Pros
  • Energy Opportune installments for energy utilization.
Cons
  • Burglary is viewed as protected.

This is a passionate job. To turn them into a phase to strengthen imaginable innovations, lower costs, higher productivity, and better customer experience in the energy sector in general. However, thinking about it A mission that sent a symbolic contract in 2017 and still cannot fulfill the huge guarantees in its guide Financial backers question Pylon Network's capabilities Those in litigation can make an impact on spending and investment funds by sharing influential energy P2P, trading energy…

Pros
  • Energy Timely payments for energy consumption.
Cons
  • Robbery is considered safe.

The Arch Network project is planned for the sole purpose, as well as the main open and environmentally friendly energy trade in the local area, which will provide energy advertisements that delay or release current energy strategies and management frameworks in the local area. Note that this is aimed at a huge market, and according to the medium update, the team is trying to form organizations with its main focus players. I also had the opportunity to find a number of concerns related to this…

Pros
  • Energy Timeliness of payments for energy consumption.
  • This is an infrastructure based on blockchain technology that enables the safe replacement of green electricity services.
Cons
  • A robbery that is considered safe.

Revainrating 3 out of 5

open market for green energy trading

Due to the increase in the existence of cryptographic mining platforms and the consequences generated by the high energy consumption that their maintenance implies; The need has arisen to seek more environmentally friendly power generation services. This has given rise to the emergence of the Pylon Network. This is an infrastructure based on blockchain technology that promotes the exchange of green electricity services in a reliable way. Pylon Network promotes the creation of an open market…

Pros
  • Non-custodial trade for green electricity exchange
  • Creates an open network without intermediaries of suppliers and consumers of green electricity 
  • Open source cryptographic protocol for developers and the general public
  • Offers transparent trading operations thanks to the use of the distributed ledger
  • Speed in the processing of payments for electricity services
Cons
  • Currently presents some phases of the project under development

Revainrating 3 out of 5

Renewable energy exchange.

It is important to mention that this is targeting a huge market and as per their medium update the team is working hard to form partnerships with the players they are targeting. On the other hand, I have been able to find some concerns about the project. Therefore, I would call it high risk at this point the reward investment situation, because some aspects are unclear but very few market caps are considered, on the upside. Potentially, if the team is able to deliver on their promise, it will

Pros
  • Scalability and security.
  • The network is open source anyone can use to improve its design.
  • Designed to comply with data privacy regulations.
  • Lightning network and atomic swaps.
Cons
  • Given the small token amount left in the company’s reserve, it is questionable for investors of the team might have enough runway left.
  • The token economics could be designed better, its main purpose is only for payments.

Revainrating 3 out of 5

Energy-Wise Blockchain Platform.

It is an ambitious project. Their vision is to become a platform for the empowerment of sustainable technologies, lower costs, higher efficiency, and overall better customer experience within the energy sector. However, considering this is a project, which launched its token sale in 2017 and still wasn’t able to deliver on big promises in their roadmap, let investors question the long term potential of Pylon Network. I see a higher risk of failure in two areas development of technology…

Pros
  • Prosumers can benefit in cost and savings by sharing their green energy P2P and seamlessly exchange energy data with all relevant stakeholders.
  • Growing network of partners in their target industry.
  • High upside potential to a very low market cap.
Cons
  • It is deemed a security, and might present some difficulties for investors in particular jurisdictions.