Negative Aergo opinions

Aergo
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So far,1 of opinions have been recorded for Aergo. These opinions are not investment recommendations but the community's perspective on Aergo. Please do not make a purchase decision based on these Aergo opinions.

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Aergo opinion #1

Negative opinion by Anonymous on 28.11.2020 2 of 5

At Aergo (AERGO) we have a further development platform for companies, which with the help of their block chain wants to enable the connection of existing legacy software solutions to the new "cloud" based BlockChain. This should also facilitate the development of dApps (decentralised applications) with their block chain. From a technical point of view, it should also be noted that the consensus is determined by means of DPoS (Delegated Proof of Stake).

A great many project goals, which one has already read about in the whitepapers of other comparable projects and has already seen implemented. The focus or target group is the Asian region and the companies located there.

From the point of view of market capitalisation, only 14 million $ are available as volume so far. However, this volume only comes about because of the ongoing hype about DeFi and the dApps. Nevertheless, the project is only in the lower ranks of CoinMarketCap and therefore rather uninteresting for me as a long-term investment. Also during my research I did not find any well-known exchange that offered a trading pair for these tokens.