Review on Pylon Network by Syed Adnan
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 be huge otherwise it has already failed.
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.
