Cryptocurrency Review: Karbo (KRB)

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Stability

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

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

Marketplace Redundancy: Listed on multiple major exchanges, including Crex24. (June, 2019)

Development

Communication: Spoke with their lead developer, Aiwë, via Telegram. I have found that multiple developers for the Karbo project have other developments (or jobs) they are currently working on. However, projects still do get completed, but might have delays. (June, 2019)

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

Deadline Completion

Timeline: Has met or exceeded deadlines, however they are missing their current roadmap. (June, 2019)

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 and has a sleek appeal. (June, 2019)

Adoption

Methodology: Primary adoption is being generated by consumers along with merchant services. There are additional merchants accepting Karbo (by proxy) which is helping accelerate Karbo’s adoption rate and growth. (June, 2019)

Graphical User Interface

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

Wallet: The official Karbo Wallet has issues connecting with peers in North America. However, their lite wallet version works great worldwide which can post a moderate security risk. (June, 2019)

Market Supply

Premine: None

Current Market Supply: 7,579,932 KRB

Maximum Market Supply: 10,000,000 KRB

Additional Note #1: This cryptocurrency could potentially be worth of investments as the max supply is very low. Once their road map is back on track then this currency will turn to a buy rating. (June, 2019)

Bottom Line: Hold

Base Framework: N/A

Price on Publication: 0.00000804 BTC / $0.09 USD
(July, 2019)

Algorithm: CryptoNight

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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