Review on NewYorkCoin by Jimmy Centeno
NewYorkCoin: is a simple cryptocurrency project that meets market standards.
NewYorkCoin (NYC): is a simple cryptocurrency project that meets market standards, it is a currency that is used as a means of payment in various commercial premises, as it was designed for easy use and has become a standard in some states, its commercial objective is to improve the speed in the daily use tractions, which can have a user allowing a greater margin of security as its ecosystem of payments and interactions has a broad support for privacy in transactions and a high level in market operations, its growth as a company went through several stages where they had bad patches with its commercial development did not have enough capitalization, but gradually as it was increasing the number of active users with this currency were gaining ground in the market, and established itself as a means of direct payment, in some commercial situations, is a project that does not generate an investment value has to integrate some means in its ecosystem of operation, needs further technical development to increase the functionality of the currency, and expect better integration with the blockchain network, is a decentralized project and with key market standard.
Pros
- It has a fast execution of commercial transactions, which allows making several payments in the shortest possible time, making it more convenient for consumers.
- It has a mobile application that was designed to operate under wallet standards, available in several operating systems in the market.
- It handles an important share of the market.
- A high level of privacy, and anonymity if required by the user, which gives a better market experience.
Cons
- It was an unpopular coin some time ago, it almost went bankrupt.
- It has not yet fully developed its roadmap, it offers features that are currently not yet fully developed.
