Review on RAKUN by Pedro O. Alvino M.
Entertainment ecosystem with RAKU token incentives.
The recent growth of the video game industry is having a great impact on the world economy, since despite this, certain potentials such as the existing gaming economy have not yet been exploited, therefore in recent years through the blockchain Projects such as CryptoKitties and Crypto Heroes have emerged that have a great financial development through non-fungible tokens (NTF) through which platforms such as RAKUN are also based on games mainly from the blockchain, where users are rewarded for the content seen on the platform with the RAKU token that can be used and exchanged in the RAKUN ecosystem.
Crypt-Oink, a game that uses non-fungible tokens, is compatible with the RAKUN platform where users who obtained RAKU tokens can exchange them for items in the game, they can also exchange them for other currencies through an encryption exchange where this RAKU listing, which unfortunately only exists one.
With a fixed limit for the rewards to users for said activities on the platform, the performance and price of the RAKU token will be fundamental for the project since the reserve for the incentive system was established at 150 million tokens, so a decrease Continuous price increases, constant user rises on the platform can bring down the platform architecture, although at the moment it has offered positive returns despite the volatility of the market.
Pros
- It has incentives to its users for seeing ads displayed within the Content On the platform.
- Users will be able to exchange cryptocurrency for items on Rakun-compatible dapps.
- It consists of an architecture of a private system based on Ethereum Blockchain and an existing server system
- The Rakun platform supports smart contracts coming from the Ethereum network.
Cons
- The availability of the RAKU token is limited to only one exchange.
- There are a lot of game projects based on coin rewards on the blockchain.
- The price of the RAKU token may affect the reward system on the RAKUN platform given the fixed limit that was established for this reward system.
- Very few games compatible with the RAKUN project.
