Cryptocurrency Review: MoX (MOX)

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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 only one exchange, seen as a high risk to the cryptocurrency. (June, 2019)

Development

Communication: Spoke with their lead developer, Albert, via Discord. I have found that multiple developers for the MoX 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 are in a current pause until development resumes. (April, 2020)

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. (June, 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: Onion MoX Explorer has been customized and functionality is nominal. However, the graphical user interface (GUI) is very dated. (June, 2019)

Wallet: The official MoX Wallet works excellent, functionality is nominal. However, some remnants of Monero are blatantly obvious. (June, 2019)

Market Supply

Premine: N/A

Current Market Supply: 5,027,488 MOX

Maximum Market Supply: 18,400,000 MOX

Additional Note #1: This cryptocurrency is no longer being developed. (April, 2020)

Additional Note #2: There is no protection of a 51% attack. The roll-out to protect the currency never happened, was due to be executed for the end of 2019. (April, 2020)

Additional Note #3: Attempting to communicate with anyone in development is extremely hard to do on this project. (June, 2019)

Bottom Line: Sell

Base Framework: Monero

Price on Publication: 0.00000089 BTC / $0.01 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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