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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on FairCoin by LUIS RIVERO R

Revainrating 1 out of 5

Faircoin is a project that is backed by the community behind it, and the value…

Faircoin is a project that is backed by the community behind it, and the value it is given depends on the trust and use that it has, any staff in the world can join the faircoop movement is the one that supports its use and that be used as a means of exchange by communities. This project seeks to position itself as an alternative to the current world economic systems since they are based on the economic ethics that establishes equal opportunities among people. apparently this project is disappearing and needs to reinvent itself since its adoption is not what was expected, so they do it or they end up giving way and being forgotten.



Pros
  • It requires less energy for the processing of blocks, in an ecological cryptocurrency. It is relatively faster than other projects in the block confirmation. It has a growth strategy for its value, which in a certain way is striking. The decisions that are taken in this project are taken together.
Cons
  • Your support is what the community gives you, however the number of people within it is relatively small. Little growth in its value compared to its time in the market. The original developer of this project left it shortly after creating it. The initial distribution was somewhat limited considering its purpose and what it represents. Low volume. it is only listed in two places.