Review on KickToken by Alex Martakov
From the position of investing in KickCoin, analysts Express a controversial…
From the position of investing in KickCoin, analysts Express a controversial attitude. In case of successful implementation, the platform can achieve certain results, but the presence of strong competition in the relevant direction for development significantly reduces the potential for growth.
Pros
- free circulation of internal cryptocurrency, which as a liquid means of payment can become a tool for emerging markets and businesses; creating a kickcoin community and social interaction between different categories of participants, which can eventually form an investor and user base for new projects; checking and moderation of incoming projects, recommendations for investing on the basis of markers; creation of a trading platform for existing platforms, their products, goods or services; the self-regulatory model of development KickCoin involving bonus system and the charge for activity and the attraction of new participants; stock trading-supporting internal cryptocurrency and token projects; community-managed endowment Fund focused on platform development and integration of new features.
Cons
- Pay attention to the relevance of the internal cryptocurrency - its use as investment funds is completely voluntary, which jeopardizes the demand for these digital money. - the dependence of the cryptocurrency from its participation in ICO and scale KickCoin.
