Review on Internet of People by gregori cordova
once again a good idea is wasted by inexperienced developers
Privacy has always been one of the most common typical that the new projects that come on the market, try to solve. IOP intended to create a decentralized platform where intermediaries were eliminated during any transaction that was carried out on the network, that is, a completely renovated internet that would give users absolute control over their data and information.
Decentralizing the internet is not an easy task, and behind this project there were a very large number of developers and experts who wanted to create this network efficiently and in a short time, gaining the trust of users by offering them the platform's native token as rewards, which could even be extracted from any simple device such as a pc or a phone without the need for powerful hardware and could be stored in the wallet offered by the platform. Iop would use a combination of pow and pos consensus systems combined with the sha256 algorithm, which converts data to text.
The project was created in 2016, and it did not have very encouraging figures, since they had a very low circulating supply, and they failed to capture the attention of many users and investors. His first few months he managed to position himself at a high of $ 11 before suddenly dropping to less than $ 0.50. Today there is no movement of this cryptocurrency in any Exchange and its social networks have been inactive for a long time, and the last publications were about another project, which means that a hard fork may have occurred, since many users have been complained that they lost access to withdraw their tokens. When this happens, it means that the developers themselves have abandoned this project due to not having enough acceptance.
Pros
- the idea of having secure conversations and sharing encrypted data was really good
Cons
- The numbers for this project were very disappointing,
- The platform is not very professional and they never had much acceptance
- They were not listed in many exchanges but they lied on their social networks to attract more users
- The movement of this cryptocurrency today is zero.
- There weren't many wallets that accepted this token
