Review on The Transfer Token by Pedro O. Alvino M.
Utility token in the Eternal Wallet wallet
The transfer token, a cryptographic asset developed by Atom Solutions Co, has a utility token for the Eternal Wallet wallet, where various operations will be available to TTT holders such as rewards for fees, arbitration services and payment processing of services.
Based on the Ethereum network as ERC-20 token, the fees that can be presented can be very high, so it can limit the use of the token within Eternal Wallet, since thanks to the TTT token, users will be able to request loans based on the transfer token, in addition to arbitrage systems in Fiat currency, which is one of the most resistant and popular trading models within the ecosystem of cryptocurrency traders, in addition to being able to settle payments and services that are linked to Eternal Wallet, But it is worth adding that such services are only available to residents of the Philippines, since their services are established in that country.
The functionality of this token within Eternal Wallet is essential so it can increase the performance of the token in the market, in which currently the transfer token has notable performance exceeding its historical maximum already almost a year, in addition to the total supply The amount of token is very low, as is the currency, which can further promote the price of the token in the market.
Pros
- The TTT token serves as a means of loans through the Eternal Wallet.
- Can be used to process Philippine resident services and payments linked to Eternal Wallet.
- The token has an excellent market performance and its circulation supply is still very low.
- Have an arbitration service in TTT in Fiat and bitcoin currencies.
Cons
- Being an Ethereum ERC-20 token, the fees can be very high.
- Much of the payments for services in TTT are limited to residents of the Philippines.
- Even the usefulness of the token outside of the Eternal Wallet ecosystem is limited.
