Review on Webcoin by David Olayide
Webcoin To Facilitate Digital Marketing
I have never actually had cause to look into the cryptocurrency called Webcoin, mostly because I have been busy with other cryptocurrencies. Webcoin identifies as a utility token, ERC20 based and fully functional on the Ethereum blockchain. Think of Webcoin (WEB) as the inbuilt or native token of the social media service exchange platform called Webhitso which offers p2p services.
Social mining is one of the features of the Webhits platform and here, users get rewarded just for engaging content shared by an advertiser. Digital marketing has been more lucrative than ever before and so there is a high demand for efficient platforms. By using Webcoin to buy and sell on the Webhits platform, both the blockchain technology, cryptocurrency and digital marketing, have all become connected.
There is a total or maximum supply of 70,000,000 Webcoins, but it still ranks very low on the global market. The price of the coin is equally pretty low for now. I trust the token will improve in the coming years though.
Since the token is based on the Ethereum Blockchain I believe that there will be a stability soon alongside the security that comes with ERC20 based tokens.
Pros
- WEB is a utility token used on the Webhits platform
- WEB is ERC20 based and operates on the Ethereum Blockchain
- Users of Webhits can earn tokens from social mining
Cons
- WEB is not popular on the global market
- The token's value is not high or profitable for investments yet.
