Review on CARAT by Pedro O. Alvino M.
backed by a physical product
Certainly, some currencies lack a lot of market volatility since this is presented due to the supply and demand of the asset and in a certain way they do not have a formidable support, since CARAT has the distinction of being anchored with a physical product such as the Diamond.
The ease of converting diamonds into tokens with little market volatility, is an advantage that it possesses in addition to serving as an investment and payment method in various trading platforms, it also already has several jewelry sales institutions that have started using ah this system
Pros
- Cryptoactive backed by diamonds.
- Aimed at the jewelery and diamond market through digital assets.
- Being backed by physical products, volatility and price are a little more stable.
- The platform supports the exchange of CARAT coins and diamonds.
- New investor loan trading system.
Cons
- No ads for this year 2020
- Few community supports the project.
- Being linked to a physical product, it can be affected if it presents a decline in the market
