Cryptocurrency Review: Galactrum (ORE)

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Stability

Attacks: No attacks or potential attacks have been made public. (June, 2019)

Algorithm: Utilizing the Lyra2v2 algorithm and has been time tested and is stable. (June, 2019)

Marketplace Redundancy: Listed on only one exchange, seen as a high risk to the cryptocurrency. (June, 2019)

Development

Communication: Spoke with their lead developer, Shensu, via Discord. I have found that multiple developers for the Galactrum project have other developments (or jobs) they are currently working on. Projects do not get completed and it has been deemed that development has been ceased. (April, 2020)

Community: There is a small-sized development community, who release a continuous flow of new and sometimes innovative products. (June, 2019)

Deadline Completion

Timeline: Has missed deadlines. Team has missed the current roadmap. (April, 2020)

Marketing

Communication: No one in marketing is currently working on this project. (May, 2019)

Social Media: Social media is not continuously updated. (June, 2019)

Website: Their website is completely custom. However, it is basic. (June, 2019)

Adoption

Methodology: No current adoption methods are being utilized. (June, 2019)

Graphical User Interface

Explorer: Galactrum Explorer has been customized to have a sleek appeal, functionality is nominal. (June, 2019)

Wallet: The official Galactrum Wallet works excellent, functionality is nominal. (June, 2019)

Market Supply

Premine: 946,080 ORE

Current Market Supply: 4,477,590 ORE

Maximum Market Supply: 26,280,000 ORE

Additional Note #1: This cryptocurrency is in its infancy and could be considered to be of a moderate risk. I would advise investing carefully. (June, 2019)

Bottom Line: Sell

Base Framework: Dash

Price on Publication: 0.00000498 BTC / $0.056 USD
(July, 2019)

Algorithm: Lyra2v2

Disclaimer: Each cryptocurrency is reviewed on the first of each month. No published reassessment will be made if the reviewed trajectory remains the same.

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