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27 Karma

Review on Maker by Jet Lee

Revainrating 4 out of 5

Maker is an interesting token and may give great returns in the future if Dai…

Maker is an interesting token and may give great returns in the future if Dai/MKR projects succeed. On the other hand, investing in cryptocurrencies always involves risk. Maker (MKR) is very interesting platform that provides alot of benefit/valuable project, such as their basis of a simple banking system built on blockchain technology that allows international peer to peer transactions.



Pros
  • Maker Coin is stored in the wallet MyEtherWallet, Trezor, Ledger Wallet, ImToken, MetaMask, ... in which MyEtherWallet is used most. Maker governance brings about the fairness to its community - Running on Ethereum, one of the best blockchains currently. Maker is completely transparent about development of its blockchain project. MakerDAO creates DAI using CDP smart contracts to collateralize the assets.
Cons
  • I heard MakerDao had partnered with PayBear, I been looking for the official thread of makerdao but this seems inactive. I can not find too much information for this platform and looking to build a large community for the maker.