Review on Bonk by José A Rodríguez
Bonk: A Funny Development with a Not-functional Idea
Bonk has been defined as a vintage blockchain because of its retro design, in which all windows seem to be a simple development of a lived age. It is also modern because it is combining some usages for finances, and showing through its fun a value for trading. Their developers are a team of workers who anyone really knows since they have a profile completed by a Manga-Pictures character.
This project reminds me of DogeCoin. And it has some features related to it. In a blog that is also developed by the company, users can see that both projects are partners. It has been thought it might come from the same company. The fact is that Bonk is a blockchain without purposeful advance in the cryptocurrency market. It was released, and it remains exactly in the same way since the first feature was launched.
The main tasks of this platform are to get stakes to work on it, and keep mining for increasing capital. The company has a section that permits users to add liquidity and make it part of the network. I also think the reasons provided are not good because the project is not motivating.
The team, perhaps, was too young in crypto-finances at the moment of releasing the project, and they do not have the chance of recovering their investment due to the low volume and rating. It was in functioning until the middle of October of this year, but the services have been stopped.
I finally think the project would never be beneficial for users. It has not a real cause to follow. It is not a reliable source, and neither a scalable blockchain even if the token is represented by the ERC-20 feature.
Pros
- If users stake on it they can receive additional rewards that are not linked to the tasks, but the functioning given to the network.
Cons
- The idea came without a real purpose. The company has not goals. The content is limited. It is not a serious platform.
- The team hasn't given support to it for a couple of months. The roadmap is stopped.
- There are no real possibilities of winning good tokens as part of financial activities.
- It is an outdated platform with little and simple design in its interface.
