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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Reserve Rights by Robiul Islam

Revainrating 3 out of 5

Stable decentralized currency.

It has strong upside potential if the team can drive adoption and increase demand of the stablecoin. It's difficult to compare with other stablecoins market cap because it is a utility token but it does give incentives and is burned, which can be good indicators for price appreciation.

Their value proposition is to develop a digital stable currency to protect those in countries with currencies that experience high inflation. If they succeed the currency could massively reduce poverty in non-developed countries.



Pros
  • It allows businesses to accept payments in a stable digital currency.
  • Team with very good background.
  • Good community.
  • Great use case.
Cons
  • Highly dependent on the team's ability to choose and control the best collateral assets to maintain a positive value to protect the stablecoin.