Header banner
Revain logoHome Page
Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Nitro by Pedro O. Alvino M.

Revainrating 3 out of 5

project for the economy of video games

Project that aims to create an ecosystem where all parties, both game developers, publishers and game fans, create a structure and economy that allows the growth of games and their expansion in the video game market.

Starting from its NOX token that acts as a useful cryptocurrency that serves as a means to participate in the voting of promising games in which they can have financing depending on the votes they have, in addition the Nitro Platform has another sub token known as equivalent NOD to a dollar that can be exchanged through the Nitro marketplace and used for different functions on the platform such as Exchange of virtual items.

Despite competing with companies that dominate the video game market, such as Sony, Microsoft studios, Sega, among others, but nitro based on blockchain technology seeks to innovate in a decentralized way and with the participation of the video game community, create an ecosystem in where everyone is connected and have mutual benefits.



Pros
  • First to be backed by a publicly-traded company.
  • It allows game developers to obtain financial resources for game expansion.
  • With Nox you can participate in the voting of games that are financed on the platform.
  • You can get some benefits and bonuses for activities that take place on the platform.
  • Funding will be received in fiat currency or ether.
  • Ability to change the NOX token to a stable nitro platform sub token (NOD)
  • Ability to exchange virtual items through Nitro marketplace, using NOD as currency.
Cons
  • Your primary token is limited in a single Exchange.
  • There are strong companies that lead the video game market.
  • Her telegram channel is awash with spam.
  • Platform rewards can be reduced if the price of your token continues to devalue.