Review on Uquid Coin by Douglas Cachazo
Uquid Coin (UQC): The engine that will generate the economy of the Uquid ecosystem.
Ambitious project that bases its economy on its UQC coin which is nothing more than an ERC20 token of the ethereum blockchain, it will be the utility token to drive its developing ecosystem, in that sense it is worth noting that so far this year 2021 the UQC token has had a growing upward trend, This is good news for the development that has not yet concluded with its full potential, we must take note and follow up on this currency, if possible to invest in it, under this ecosystem it will be possible to make withdrawals of the token in an ultra-fast way and under an environment of maximum security, is one of the objectives of the project.
Already the UQC ERC20 token can be used within its ecosystem with already developed Defi applications with which you can pay bills in its application for payments and recharge your cell phone bills, all as I mentioned in an ultra fast and secure way, that is one of its benefits, and in itself are already two good initial use cases, the ecosystem is open to a number of decentralized Defi applications that can be implemented within its ecosystem.
In addition to the use cases that are beginning to emerge, you can also pay in stores already agreed in some countries, make payments of invoices, and are already available certain features present in many exchanges and projects such as staking with what you can earn by keeping token a certain time and thus contribute to the maintenance and development of the ecosystem, operate with margins already known to all, make exchange with other currencies and ask for loans with which you must block token as collateral, what I am not clear is if it is available loans with leverage.
There is a system to manage the so-called NFT, non fungible tokens to trade unique non-exchangeable assets, something that is taking a lot of boom.
As I mentioned their UQC token has been on the rise this year, good opportunity to invest, that should inform and promote more the ecosystem in their social networks that I could see they have good presence, we must take advantage of the momentum that has taken the project.
Pros
- Decentralized project with good prospects
- Good use cases already tested and available in several countries.
- Leverages the potential of the Ethereun blockchain for the development of ultra-fast applications.
- Its token is the ERC20 type of the Ethereum blockchain.
- UQC its utility token, already available on several exchanges
- Fast and secure transactions for withdrawals and payments with UQC
- Good presence in social networks
- Own wallet available
- Functionalities are generating good liquidity.
- Open trading for NFTs
Cons
- Nothing for the moment
