Review on Energycoin by Syed Adnan
The infrastructure for green eco-friendly applications.
It focuses closely on the energy field. First, it is dedicated to each person who is focused on sustainability. They consider it their job to improve the future through suitable alternatives. Therefore, the direct operation of payment preferences will occur later and nature will have the corresponding protection.
While the concept may sound tasty in principle, implementing these ideas is a daunting task and its team is not very active on the website and does not show very strong commitment to their goals. It even lacks a white paper.
Pros
- It is decentralized and works on a P2P network. It is directly transmitted to users through the use of cryptography without any transaction. But in reality, it's a much more centralized process for both Bitcoin and Ethereum.
- It is used as a platform for hosting tokens. Tokens can be launched as a form of local currency. A store and platform of local quality serve as a way to transact value. Therefore, it can be used to facilitate both acquisition and payment transactions of the accumulated value types.
Cons
- With a decent market cap it is still in the market but lack of marketing and good exchanges.
