Review on Yakuza DAO by Yenkelys Barcenas
Yazuka. An alternative protected by its users.
Yazuka's project is a novelty that arose after one of the biggest scams that occurred in the cryptocurrencies´s world, not because of the amount of money that was stolen but because the theft was carried out by the project developers themselves, taking with them the criminal charge that this cause implies and generating the mistrust of a good number of people who had invested their money and their faith in this digital project. To recover and attract its users again, it was transformed into an open source platform such as the emblematic bitcoin and others in the field, it was structured as a decentralized blockchain, and that works under the Ethereum platform, with the creation of a currency (YKZ token) similar to the ERC-20 token, so it can be stored in any space that accepts Ethereum coins. Yazuka adopts the characteristics of ethereum to consolidate a useful, valuable and versatile currency that can have good support and also is not subject to a single exchange portfolio.
The operations with the currency can only be carried out by the owners, however its market value has suffered moments of considerable ups and downs, however it must be remembered that it is a project that does not have a good capitalization and is recovering.
In its restitution, he focused on the recovery of the lost assets of the users and regain their trust to bring them back to the consolidated project in a safe environment and with business guarantees, to this extent, decision-making is attributed to the community members, all work as guardians of their money and will be the ones who guarantee their growth in the market. For now it is a fairly new currency, and some suggest that it cannot be mined but that it is in full growth, still, is too early to guarantee its growth but it has been successfully maintained and market projections have indicated good growth for end of 2020.
Pros
- Created to battle scammers.
- It has good growth projections in the market.
- Its YKZ token is very versatile
Cons
- I would need more guarantees and trust.
- It is too early to guarantee the stability of the project.
- You need more time to evolve to gain credibility in the cryptocurrency business.
