Review on Fesschain by Olugbenga Ajayi
Fesschain is a transparent and promising project
Today, many crypto currency project have emerged that have promised to solve one problem or the other that are inherent in block chain technology. Fesschain is a crypto project that has emerged to eradicate all problems that relate to electronic settlements. From the full meaning of its title Future of electronic settlement system. It is obvious that the solutions and products that would be provided by this project will take care of problems that affect digital settlement, this includes insecurity, slow transaction speed, lack transparency and lots more.
The project will employ a proprietary framework known as neutrino framework with which different solutions will be provided to many real life problems. The products that will be provided will include an exchange and decentralized solutions that will benefit individuals and enterprises.
The native token of the project known as Fess will have multiple use in the Fesschain ecosystem. Its usage will include gas fee, transaction fee, processing fee and for payment to vendors and for services.
This project will surely help in tackling many problems and also help bring crypto currency to a large number of unbanked individuals. Furthermore, the transparency of the team is also a plus for them.
Pros
- The project is transparent as the team behind it is made up of crypto enthusiast with visions and their profiles can be found on their website
- The project will help both individuals and enterprises
- The are lots of reward that holding Fess will bring
- The token (Fess) will serve multiple purposes in the Fesscoin ecosystem
- It will provide solutions that will eliminate problems associated with blockchain technology like lack of scalability, slow adoption, insecurity and many more
Cons
- The users must provide KyC
- The project is still new hence no one can say if it will meet its promises
