There are many attractive tokens that have great teams behind them and are making sure there is growth and continuity for their projects. You would really want to invest in this kind of projects which guarantees each investor that there are benefits attached to their investments, and even more, you would make sure to invest early so you can enjoy more benefits along the way. The benefits of CheckDot are closely linked to the utility of such tokens which will be reviewed on this article.
Solana Coin, Cardano Coin and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
Due to Fear Of Missing Out, a lot of investors have hurriedly delve into investing on a project they have little knowledge about. So on this article, we will review CheckDot token by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investment.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
About CheckDot
What is CheckDot?
CheckDot is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency CDT, to facilitate programmable payments and open financial infrastructure development.
As of December 2020, the network has transacted an estimated $299 billion for over 2 million users.
CheckDot Supply
There are 7,186,771.00 CDT in supply worldwide.
Pros and Cons of CheckDot
Pros of CheckDot
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of CheckDot
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is CheckDot Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, CheckDot have developed a problem solver but with a very weak back up for the token they produce.
Is CheckDot Safe?
Being willing to invest in any token is a question entirely up to you to answer. CheckDot token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about CheckDot on the comment section below. Don’t forget to rate and leave a review.