Since the team started this bounty campaign for veil everything went interesting. I think that's the power of marketing and promotions. But this project aims not just to be endorsed and be popular just by many talks by the community right? What is popularity if they have nothing to show or to brag. I am not a strong influencer but I can say that I am good at picking project's that worth sharing and caught my attention. First of all, I like projects with strong team, an active products or services wherein I can try at least what's it's all about and lastly a unique compared to a thousands of crypto platform being introduced everyday. Hate to admit it, but some projects are just replica's and imitation of older projects. Some are improved, some are totally copy cats.
VEIL AS A PRODUCT AND ITS ADVANTAGE TOWARD'S OTHER PROJECTS
I will key in some factors that I think VEIL project will be more effective compared to other platform. What are those?
- TECH WISE - The technology they are using is conservative and highly sophisticated. Well, for a native blockchain I wouldn't screw for a non ICO project but for the sake of modern advancement. I bet VEIL has something in advance than eth and btc.
UNIQUENESS - Why I said that? Can you give me any privacy coin aside from processing anonymously can let you pick the level of security of the wallet? None! and also the only known project yet ( Never heard one, that uses both POW and POS to utilize double purpose income thru mining and staking). What also interesting is, the seed for both the Zerocoin wallet and Basecoin wallet will be the same, requiring users to only backup a single seed which is totally secured. This proves how Veil contrast to many other Zerocoin-based coins that either have a seperate backup seed for their Zerocoins, or none at all.
TRANSPARENCY - I think we can say thay they have it since the github open source activity is broadcast and can be view if there is new update which I think add security for the investors who will buy their tokens.
SMOOTHNESS - Based on transaction record they have one of the fastest confirmation although need some improvement. Anyway, they just started.
LIQUIDITY - Projects with known or potential projects are good but if there is no liquidity how can it progress? This project has been listed on many exchange already and some are listed on CMC excluded those 3rd party app that can be used to buy and sell their coin. Imagine team's effort for conducting such marketing for external exchanges.
Last but not the least!
- LEGALITY - If you visit their website you can see there the MIT license they secured for this project to run. Plus the team visibility is there ( I like the drawing portrait of the team profile) the process of zerocon tech is anonymous but they choose to broadcast the team profile for transparency and seriousness of the team to provide a quality project like VEIL.
CONCLUSION
Bitcoin was just a normal project before many people realized its potential as payment gateway for finances. Now, the world is evolving and many tech upgraded their platform. Veil is one of the tech Ive been looking forward to see and now its knocking on my doorstep. Well I just grasp it and accept it's fate. I guess I can simplify my admiration towards veil into this hashtag. Please share! #VeilRoadToGreatness #VRTG
VEIL CONTACT INFO:
Website: https://veil-project.com
Discord: https://discord.veil-project.com
Facebook: https://www.facebook.com/projectveil/
Twitter: https://twitter.com/projectveil
Telegram: https://t.me/VEILProject
Bitcointalk Forum: https://bitcointalk.org/index.php?topic=5065331.0
Github: https://github.com/Veil-Project/veil
Reddit: https://www.reddit.com/r/veil
Creator of this article:
bitcointalk username: cryptoaddictchie
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1269701
Veil Address: bv1qnuzz7u4cmyqzmc5dg746qux9vzg4myczd5fr33