Review on Newscrypto by David Olayide
The Newscrypto Ecosystem Cryptocurrency
Cryptocurrencies keep evolving and there are a lot of cryptocurrencies around us today. We have a lot of platforms today, each with their own types of inbuilt cryptocurrencies as well as tokens. These platforms make use of the blockchain technology to create their own personalized cryptocurrencies in order to power their respective ecosystems. We have the examples of the NewsCrypto ecosystem, which offers a comprehensive set of indicators, educational resources and entertainment for everyone from novice traders to experts in crypto.
The project is one of these very exceptional projects that aims to offer almost everything that a crypto trader needs in one single platform and also create a community-focused ecosystem where users can learn from each other and earn NWC for posting quality content. So it is basically an all involvement cryptocurrency evidently.
The NWC token serves as the fuel for the platform, and can also be used for value transfer among the participants of the network on the platform. The NWC token has a hard cap of 280 million NWC. The growth of the token depends mostly on the participation and engagements of the network by the community.
NWC originally debuted on the Stellar blockchain but now we can all access it on the Ethereum and Binance Smart chain as well. This is a really great thing that allows for some diversity, and this means that you can use NWC across different chains. NWC has a circulating supply of 160 Million NWC coins and a maximum supply of about 280 million coins. KuCoin is the current most active market trading it and you can easily get some there.
Pros
- NWC is available across multiple chains
- NWC powers the Newscrypto ecosystem
- NWC can be used for value transfer
- Fair market price
Cons
- More adoption is needed
