Review on Scopuly by Benaiah A. Akinlade
Reviewing Scopuly SKY
Scopuly is a multi-cryptocurrency wallet that comes with an internal p2p decentralized trading platform which is based on the protocol of the Stellar blockchain.
The wallet allows you to hold, transact (receive & send) tokens of different types of crypto currencies, and make deposits and withdrawals of fiat. The wallet is available for installation on Android OS, iOS, and Windows OS devices.
The native token of Scopuly is SKY which is a Utility Token. It fuels all the operations on Scopuly platform. If you hold the SKY token, you will be able to complete transactions on the platform for free.
Features of SKY token
1. Maximum cap: 27,627,837
2. Maximum supply: 10,000,000,000 SKY
3. Token Price: USD 0.0060
Given all these amazing features, it is noteworthy that the project is still in development phase, so this means that all these features are proposed features. I hope all these features are worth the hype.
Pros
- It is a cold storage wallet
- Stellar provides speedy, reliable and cheap transactions for a wide range of investors
- You can safely store and instantly transfer crypto-currency assets
- You can issue your own tokens
- You can launch IEO campaigns
- You can invest in IEO projects
- The wallet comes with multi-signature support.
Cons
- The trading value of SKY is low
- The project and token still relatively unknown
- Project is still in its development stage
- Token can’t be traded on popular crypto exchanges
