LoyalCoin (LYL)

ed&edd 11

rated:

ed&edd posted on June 10, 2020 01:00:00

I think the project is dead. Since the launch from 2017, 2020 is the year with no updates about exchanges, if there is, there is no execution. Though they are still operating, they are not doing good and having trouble to improve because of Philippines Crypto Regulation.

factatom 86

rated:

factatom posted on November 20, 2019 01:12:48

Disclaimer: I'm a token holder, my opinions and views should not be taken as a financial advice, invest at your own risk.

LoyalCoin originated in the Philippines, which is my hometown, and as a cryptocurrency, I am biased because this is the first one to be developed that has a real use case - which is to redeem and spend loyalty points. As time passes, a difficulty I have noticed is Click here to see more... the fact that Filipino regulations slows the growth of this project even though the team is working hard.

Speaking about the team, they are experienced in the loyalty rewards business, having previously built Appsolutely. Though they are not new to this business, creating a cryptocurrency and integrating blockchain are still difficult challenges. Good thing they have a great tech team that is supervised by great advisors from NEO and other established crypto projects.

Overall, I would say that this coin is great, but I give the ratings based on it's future potential as well as their current progress.