Railgun is one of the fastest rising coin in the cryptocurrency market and has been on surge lately.
For those that lost out when Bitcoin, Ethereum, Dogecoin all had a quick run up, will want to learn more about the token and study the reviews. On this article, we will review Railgun by listing the pros and cons.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is Railgun?
RAIL is the native governance token that is used for RAILGUN Privacy: RAIL is purchasable on DeFi exchanges like Uniswap, it acts as a governance token and can be staked to gain voting rights on upgrades to Railgun. Owning RAIL allows you to participate in the future direction of Railgun.
There are 57,500,000.00 RAIL in supply.
Pros and Cons of Railgun
Pros of Railgun
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of Railgun
- The coin is still under research and developments
- Multiple issues with its synchronizations between ledgers
- Unavailability of project whitepaper
- Not listed on exchanges
- No Github profile
- They have no reddit acount
- No Bitcointalk thread created
- No traceable features on tradingview
Is Railgun 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, Railgun have a very weak back up for the token they produce. Their public profiles are vague therefore making it difficult to determine their level of transparency.
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 Railgun on the comment section below. Don’t forget to rate and leave a review.