Pros:
- Has a free-tier community package
- Has higher-paid-tiers packages for learners, startups, companies and businesses
- Available on all platforms! A huge plus point
- Able to live-edit your codes while the program is running = live preview, which is great for productivity
- High-level language = easier for people to pick up
- Documentations provided seems decent
Cons:
- It's a new language and a new framework which is unlike others
- Users would have to pick up the new language in order to work with this framework
- High-level language = slightly less efficient codes
RE: LiveCode - Open Source development tool designed for speed