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73 Review
235 Karma

Review on Raiden Network Token by Paul Sletten

Revainrating 2 out of 5

https://raiden.network/ Eth FinTec with some good ideas, but a need for…

https://raiden.network/
Eth FinTec with some good ideas, but a need for stronger management impact on completing tasks that matter in these early days. Could be a million bucks worth of engine but if there's no steering wheel, we're not going anywhere. Poorly cooked FinTec for the sake of it from Liechtenstein. Maybe they'll fork in 2019 and have something all the way ready for the public.



Pros
  • ETH shaped object. P2P transfers in seconds, like a text message. Fees reduced by off chain transactions. Cool little spinny thing when the application is thinking. Way better than an hourglass. The only solid plus I can find is that its based out of Liechtenstein, a forward looking nation with incentive and intellectual ability to see the potential before us all. Bad laws kill good products, and good laws help bring bad products forth, but at least they also let in the good ones with it.
Cons
  • No white paper yet. If I need go on, please go google the importance of a business plan and the relationship between that item and a cryptocurrency offerings whitepaper. The Raiden 101 link at the top of the web page goes 404. Either needs to be removed or updated. A good management team has a project manager or seven to handle small details like the WEBSITE NOT LINKING TO IT'S OWN PRODUCT. Later found the link next to it, uRaiden, also goes 96 less than 500. Guys. This is your project. How is this released upon the public before it is ready? How? Last Gen bad management techniques founded on shareholders being the only ones who matter. Not the staff serving, not the cooks cooking, not the maitre'd absorbing Alexander Hamiltons for a better table, not the food delivery people or the farmer growing and raising what will be cooked and served. The stupid shareholders, who care not if it works or makes the world better, but rather only simoleons.