Massnet is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Massnet are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap 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.
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A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Massnet token by explaining what the coin is about, tokenomics, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is Massnet?
Launched on 01/09/2019 by a team based in the United States, MASS is a basic infrastructure layer that is capable of providing consensus services across any number of public chains. In order to create a sustainable and strong Layer 0, the MASS consensus engine uses Proof-of-Capacity consensus protocol. Proof-of-Capacity establishes a consensus layer that is permissionless, fair, energy-efficient, secure, and universal — ensuring the fundamental security of the public chain. Participants just need to have access to storage space (such as hard drive space on a basic laptop.) MASS is a hard drive mining project without fund raising in any form, no premine, no founder rewards.
There are 98,026,147.05 MASS in supply worldwide.
Pros and Cons of Massnet
Pros of Massnet
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – Massnet
Cons of Massnet
- 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 Massnet 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, Massnet have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Massnet Safe?
Being willing to invest in any token is a question entirely up to you to answer. Massnet 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.
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