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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on BeatzCoin by LUIS RIVERO R

Revainrating 2 out of 5

Blockchain service for video and audio.

The main objective of this token is to become a payment currency within the decentralized Vibravid ecosystem, basically anyone by interacting with this music and video platform can earn or send rewards for the published content. A different way to interact with content creators and end consumers.

What is its usefulness?
beatzcoin was designed to manage P2p payments on the platform in a fast and secure way, in addition they are considering in the future to support Defis protocols to invest. Currently it supports various blockchains, tron, Syscoin among others.

Its main problem is that there are other projects within the blockchain that focus on this type of products and to date they are not very successful, it is necessary to rethink what public to reach and how, since that is not the united problem to which it is They face since traditional systems and with more difficulty to compete exist, and if this turns out to be a serious project, it should be taken into account as a possible challenge.



Pros
  • Content decentralization.
  • Content creators receive higher rewards as there are no fees.
  • Cross-platform token, Tron, ethereum, among others.
Cons
  • Small exchange volume, although it is listed in several stores
  • Applications or services still under development.