Review on Sologenic by David Olayide
The Sologenic Network Built On The XRP Ledger
Sologenic is a sophisticated ecosystem built to operate on the XRP Ledger. The crypto affiliated project facilitates investments and trading between crypto and other non-blockchain assets such as stocks, ETFs, and commodities as well. In other words we can say quite simply, that, Sologenic introduces an ecosystem that makes investments, trading, the tokenization of assets such as stocks, ETFs, and fiat on top of the XRP Ledger possible.
The project is backed and supported by a team that includes a mix of 30 experts, and professionals who are interested in helping to bring the SOLO cryptocurrency to people all around the world. With skills and experience in several areas, including software development, tech, marketing, and law, the main goal is to modernize the current financial system and develop something better.
By removing potential barriers to the financial market, through the implementation of assets tokenization, Sologenic means to encourage the mass adoption of cryptocurrencies globally. This will be a very good thing and because it is hosted on the blockchain it will be transparent. So real-world assets become digital tokens that can circulate securely and transparently on the blockchain.
The XRP ledger comes in quite handy here, because of it’s speed and fast transaction speeds. The XRP ledger is known for being a very effective payment system. With the XRP Ledger’s fast transaction speed, people all around the world can tokenize different assets securely and quickly.
SOLO, the native token, is available on Bitforex with a maximum supply of 400 million coins. The last time I checked, the coin was actually on a good streak at just above one dollar. I dare say things might be good for the token.
Pros
- Sologenic operates on the XRP ledger
- The XRP is known for its fast transaction speed
- Tokenization of assets on the Sologenic network is possible
- Fair coin price on global market
Cons
- None so far
