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Venezuela
4 Level
452 Review
2104.25 Karma

Review on NewYorkCoin by Orlando Antonio

Revainrating 4 out of 5

NewYorkCoin (NYC), digital asset with good usability and payment strategies for various services and products.

NewYorkCoin (NYC), is based on a new generation project, as this presents a wide utility, being a token developed with good technologies, thus integrating PoW algorithm that allow to keep the network secure and for the community of users to perform mining tasks and opt for rewards, also NYC, opens the doors for merchants and users who use cryptocurrencies for daily payments, as it is a token that can be used worldwide, being supported in many businesses and stores, such as restaurants, hotels, real estate, coffee shops, and being a token for merchants to receive payments based on cryptocurrencies. NewYorkCoin (NYC), is a digital asset based on decentralization, as this operates in many popular exchanges, although in some un is traded on its old chain, it is also a good storage token, since it offers stored from its wallet applications with compatibility with mobile and desktop devices. NewYorkCoin (NYC), provides good solutions for payments, transactions are fast, provides ample security, its network is self-developed and it is possible to use it in many regions worldwide.



Pros
  • It has a good storage system for its native token, with well-optimized wallets, high security and compatibility with multiple devices.
  • NewYorkCoin (NYC), facilitates the purchase and payment of various products and even services, as it is accepted in many stores, as well as provides good implementation for merchants to accept payments in the NYC token.
  • It is accepted in many stores worldwide, which facilitates the implementation of payments based on cryptocurrency and the NYC token.
  • NewYorkCoin (NYC), is a next generation digital asset, allowing it to be used to mine, buy or pay, participate within the project community, invest and for merchants to expand their methods of receiving payments.
Cons
  • It has remained with low scalability in the market.
  • The roadmap has been developing at a slow pace, as the project started in 2018 and there are still many items to develop so far this year.

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