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Yankari
4 Level
271 Review
1184.5 Karma

Review on XeniosCoin by Stephen Toluwani

Revainrating 4 out of 5

A scalable fintech solution

It's quite intriguing when I get to discover projects like this that takes my time to study and learn to appreciate due to the work they are doing. Xenios is a fintech solution blockchain which has proven to be the answer to many problems as its ecosystem comes with utilities that breaks beyond the borders of payment processing. Being an eco-friendly coin as it uses PoS technology, it boasts of a very scalable Blockchain with speed of around 1-6 minutes depending on the transaction made. In checking with the explorer, I could see a lot of micro transactions which this blockchain supports quite well due to the low fees they get to charge. I mostly interacted with this project for it's Defi acceptance but unfortunately lacks the developers to build upon it's infrastructure for the next Defi hub of Crypto verse. It seems more focused though on Hotel chains
The support of this project through partnerships are quite numerable but same can't be said of its community as many are more interested in value chasing. The true utility of Xenios isn't pretty much discussed in my view to the community for them to understand how important and useful it's technology is to the evolving world of cryptocurrencies. I recommend the project for it's tech and scale of solving in parts the Blockchain trilemma such as being scalable, decentralised and secured.



Pros
  • The scope of use for Xenios goes beyond providing a fintech solution of cheap and fast transactions but takes a step further through it's Blockchain which allows for the building of smart contracts which can be used for DeFi services, Supply chain tracking and Hotel services among others.
  • It's an eco-friendly coin using a PoS system for it's network
  • Near zero fees for every transaction makes it viable for micro payments
  • The project developers are not faceless which increases trust in the project
Cons
  • There is low support for this project despite it's huge utility
  • Price and volume is quite low considering it's use case