Review on Xtock by Douglas Cachazo
Xtock: Interesting blockchain-based financial market project still under development.
I do not know the date of its foundation, but from what I have investigated, it has been a while since it has been able to exploit its full potential. Your web portal still does not work all sections, most deactivated or in development. Reason why I cannot comment on something that I do not know. What I can say is that it is a company that facilitates the purchase of shares on companies that are not listed on stock exchanges. To be more explicit, Xtock is an OTC financial market network platform based on blockchain technology that connects unlisted companies, trust agencies and investors so that investors can exchange STO tokens for OTC shares.
Clarifying OTC stock terms are over-the-counter markets (bonds, stocks and even currencies are traded directly between two parties, called OTC contracts), remember that the stock markets trade listed financial assets and do so by reference to the stock exchange.
Its motto "The future of the OTC market financial platform" is interesting to me and I think that in a post-pandemic era it will be interesting, I think there may be a collapse in the stock market, which will drive the OTC markets, so to start this company could be very successful.
Pros
- Company with a promising future activity
- Good strategic alliance with good companies
Cons
- A long delay in its implementation creates mistrust.
