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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Equal by Pedro O. Alvino M.

Revainrating 3 out of 5

Decentralized community-focused project

EQUAL project that is community-based, serving as a token and coin management manager with the function of customizing the commission rate, as well as including a decentralized app store and decentralized exchanges within the EQUAL ecosystem.
According to the planned design for the Dapps store, it will allow users and developers to observe the different Dapps organized by categories the same as the DEX, however it also shows applications and decentralized exchanges that are under development in order to give developers a basis for gaining experience in that market.
Compared to other wallets like MetaMask, it provides more asset management services in different chains, in which its EQL token is one of the first tokens to be integrated into the binance chain which offers quick confirmation on the network and more economic.



Pros
  • Community-focused cryptocurrency.
  • It is one of the first BEP-2 tokens to be based on the recently launched on the Binance chain
  • Through the standard Web3 API allows the very easy integration of decentralized applications and decentralized exchanges
  • Contains search function that allows users to explore Ethereum applications on a decentralized Web
Cons
  • It has several competitors in the market.
  • Both the mobile app and Chrome are under development.
  • Native Token has very little commercial mobility, which reduces the price and market capitalization for the project.