Review on Reserve Rights by Olugbenga Ajayi
Reserve Rights, a project for the entire globe
Before now, many crypto currency projects have emerged and many stable coins have risen to improve the stability of money and maintain its value. Some of these stablecoins are DAI, USDT, USDC, TUSD and many more. While most are pegged to USD others are pegged to other flat currencies. One thing that is lacking in all of these is global adoption, hence the gap that Reserve rights wishes to fill.
Reserve rights is a crypto project that will usher in a stablecoin that will be globally adopted. Already the project is in its third phase and has launched it's mobile appin some South American countries. This project will stabilize money and it's value not only among the banked but also for the unbanked ones.
The project is having two tokens that serves different purposes for now namely RSV and RSR. RSV is the stablecoin whereas RSR will serve utility purpose in the ecosystem. One good thing is that the token which is an erc-20 is planned to be backed by all other existing stablecoins. Already it has the backing of PAX, USDC and TUSD. This is alone is a prove of seriousness. Additionally, it has pact with PayPal which is a popular and globally used payment solution.
This is the best time to buy and keep RSV as it is sure to be very profitable I n the future if all promises made are fulfilled.
Pros
- Reserve rights has the support of strong and reliable team of individuals who have done well in diversed areas
- The project has the backings of some stablecoins already and hopes to bring in more in the future. For this reason, it is satisfying to know that the project is not a scam
- It will s already in partnership with some payment industries like PayPal in other to ease payments matter for their customers
- The mobile app has already been released in some countries
- It is a project that will likely stabilize the world economy, if all promises are achieved
Cons
- The project is yet in its developmental phase, so it is difficult to determine its prospect
