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Maturín
3 Level
77 Review
2.5 Karma

Review on Arepacoin by Robert Barcenas

Revainrating 4 out of 5

Arepacoin (AREPA), an opportunity to improve the Venezuelan economic system!

I admit that when I saw the name of this project I was very amused! However, by reading your white paper, I was able to understand the relevance that Venezuela has for my country, especially at the present time. The name of Arepacoin is attributed to the arepa, which is a typical food of the country, however, the cryptocurrency does not necessarily have to do with the food sector, but rather it aims to promote a decentralized economy that facilitates trade or the purchase and sale of goods and services of various kinds at the national or international level.
This project was created by a group of developers with the intention of promoting the economic stability of the country that in recent times has been affected by international blockades and sanctions that prevent free trade.
I believe that with the massive adoption of this cryptocurrency (AREPA), Venezuelans could improve our economic situation thanks to the series of benefits that it offers, among which the possibility of dispensing with the use of paper money that has been constituted in a limiting for the acquisition of goods and services throughout the territory.




Pros
  • Your billfold is available for mobile (iOS and Android) and desktop devices.
  • It strikes me as a relatively easy crypto asset to use.
  • The mobile wallet can be downloaded directly from your web portal.
  • Your AREPA token can be exchanged for fiat money and other cryptocurrencies.
  • Its website and white paper are available in Spanish.
Cons
  • It has very little popularity even in Venezuela. They must improve their marketing strategy. The use of PETRO as a reference cryptocurrency in Venezuela is currently being encouraged.