Review on PAXEX by Pedro O. Alvino M.
Crypto currency for blogs and forums
A project that consists of offering means of payments in forums, social platforms and online businesses, thanks to how its blockchain is designed, in addition its simple design allows a large range of transactions per second without problems of congestion in the network.
Created for the use only for forums and blogs, in which it combines concepts of social interactions, cryptocurrencies, marketing and the power to create applications within the PAXEX ecosystem through the API that it provides, and thanks to it, developers will be able to access and integrate the functionality from PAXEX with applications created for forums and blogs.
Today, the project has witnessed a low demand for its services and little community that follows the project, as it is intended only for forums and other social platforms, competition in this area is very great, hence the little interest in services that PAXEX provides for said area.
Pros
- Has strong features for developers
- Includes a fairly simple API in which you can create secure wallets for applications with instant transfers
- Contains a community social media forum that rewards content creators within the forum.
- provides a peer-to-peer payment service.
Cons
- project in abandonment.
- The liquidity and availability of the currency is very low.
- The implementation of its payment services on platforms has been reduced
