Review on Scopuly by Paul Maduagwu
Scopuly is an innovative project
Scopuly $SCOP is a utility token of Scopuly wallet, a multi-cryptocurrency wallet with thousands of users worldwide. What makes this project stand out is that it aims to be the the go-to non-custodial wallet option for quick crypto-fiat transactions, safe Exchange, and management of cryptocurrency assets built on the Stellar blockchain.
Scopuly also introduced a decentralized platform for its users to launch and invest in IEOs on Stellar.
Being based on Stellar blockchain, makes transactions with Scopuly cheaper and faster compared to other top blockchains like Bitcoin or Ethereum. This makes it great for making payments and everyday transactions. Its price is currently hovering around $0.018 with 10B Max supply according to Coinmarketcap.
Scopuly project brought a lot of innovation to stellar blockchain, but I think its choice of blockchain might be limiting factor in terms of its adoption by new crypto users.
Pros
- Backed buy a working product with real users (Scopuly wallet, DEX, Block explorer).
- Cheap and fast transactions.
- Decentralized finance focused project.
- Recently updated on Github.
Cons
- Low social media presence.
- Listed on a handful of Exchanges.
