Review on LOOPREX by Özgün A
A project that I hope will develop
Looprex implements technologies that increase the efficiency of operations on a completely decentralized chain. Transactions carried out on the chain are supported by rewarding revenues. So cryptocurrency trading is encouraged.
This token is actually a governance tool. Transactions are performed faster, more efficiently and more securely.
Looprex uses cross chain technology. It offers solutions for performing complex operations.
Every transaction that users make with the local token currency can behave like mining. This is not normal cryptocurrency mining as you might think. However, you will earn passive profits from every trade you make with Loop. Fees vary.
Looprex has its own communities. Decisions are made in these communities. Users who hold a loop in their hands can have a say in the future of the project.
As a result, the Looprex project ensures the renewal of the transaction cycle carried out on the chains and a steady income is generated.
Pros
- It uses algorithms that provide cross-chain control. Thus, the control of the chains is provided
- Every transaction is a source of income
Cons
- The project has a road map, but it is difficult to say that the road map is followed
- Since the recognition of the project is low, it is not open to rapid development
