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Navruza Saitkulova photo
İstanbul
4 Level
306 Review
868.75 Karma

Review on XDAG by Navruza Saitkulova

Revainrating 3 out of 5

I am currently undecided to participate in the project

The project claims to be important for another run of Distributed Ledger projects affiliated with the DAG organization. DAG or Directed acyclic graphing is an optional technique for sending information between individuals in a distributed, decentralized climate. The initiative is managed without a blockchain and provides more remarkable versatility. However, I think the user base of the project is very small, even though it has been in the market for a long time.
I like the design of the website of the project, but some issues seem very difficult to understand because the website only has 2 language options. In addition, the roadmap of the project has not been updated since 2020, so there is no innovation. However, there are wallet applications that support the project.
Currently, the XDAG token is listed on only 2 exchanges, but the transaction volume and liquidity are very visible. However, the value of the token is playing a lot and I think it is very low now. For this reason, I recommend that you do price tracking before investing in this token.
Finally, despite the current posts and announcements on the social media accounts of the project, the number of followers is very low. In addition, I could not see any information about the developers of the project. For this reason, I am honestly hesitant to participate in the project.



Pros
  • I liked the layout of the website
  • transaction volume is high
  • it has a lot of liquidity
  • It is listed on the stock exchange I trust
  • Up-to-date posts are made on social media accounts
Cons
  • There is very little user base
  • worthless token
  • I could not find the information about the developers
  • I haven't seen any updates on the roadmap since 2020