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 Chronicle 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 Chronicle 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.
What is Chronicle?
Chronicle is both a publisher and marketplace for officially licensed digital collectables, also more commonly known as NFTs.
Launching in 2021, Chronicle users will be able to buy, sell, trade, bid, and gift authenticated digital collectables licensed directly from the world’s leading brands.
XNL powers Chronicle. It’s a carefully crafted utility token designed to offer a series of rewards and incentives for the Chronicle community.
Key benefits include:
- Premium access to limited edition collectables
- Discounts on trading fees
- Governance and voting
- Rewards and bonus collectables
- Staking incentives
There are 20,776,667.00 XNL in supply worldwide.
Pros and Cons of Chronicle
Pros of Chronicle
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Ethereum
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- They have a strong community
Cons of Chronicle
- 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 Chronicle 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, Chronicle have developed a problem solver but with a very weak back up for the token they produce.
Is Chronicle Safe?
Being willing to invest in any token is a question entirely up to you to answer. Chronicle 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 Chronicle on the comment section below. Don’t forget to rate and leave a review.