Review on LGBTQ Network Foundation by Japheth Ayuba
Real world use case for bridging the LGBTQ community to the people
With the LGBTQ community facing segregation in many parts of the world, a Crypto project has gone up and above to achieve addition of the community to the world. The project is majorly focused on bridging the gap in knowledge or understanding of its members to other people of the world and has achieved some remarkable success with that. They have achieved this through it's social networking platforms for which users get to chat and communicate while also educating them on the needs of the LGBTQ community. The utility of its token which are not much diverse in nature are mainly used to incentivize the users. The token which has appreciated in value for a long time seems to be slowing down and the token has not seen a lot of value lately or even adoption to many of the major crypto exchanges. One thing though is that the token is a good one for holding as users get access to limited resources for holding and as more adoption and recognition comes in, the token should see a value increase than it has. Am not impressed with the low adoption the project has achieved in remote areas of which the voice of the LGBTQ community being silenced.
Pros
- This is a project that tried to connect a community secluded from the natural chain due to their preference
- LGBTQ has achieved a remarkable success with its vision of bridging the gaps of knowledge and communication between members of The LGBTQ community and non-members
- People who make use of its application get to earn it's native LGBTQ token for interacting on the platform
Cons
- Though it has achieved massive success, it's value has been left out as adoption is low for the token
- It's decentralised community does not cover many other parts of the world
