my review of ELECTRA (ECA)!

Right off the bat when you enter the electra projects website, you are immediately drawn in! the color scheme, the quality of the artwork is quite spectacular. From what i do hear, the dev team actually does have a fantastic marketing team so that all makes sense now! we all know that appearance does actually count for a lot these days, it means that the dev team is putting in the hours and actually cares for the project itself.

What is ECA? ECA is a Extremely fast, proof of stake secure and efficient cryptocurrency. and there you have it!

the first thing i tried to find was the white paper to get straight to reading all about electra. The downside is that there actually is no white paper. that tends to not be a very good thing when looking to invest in a coin, but i went straight to the road map to see if they were coming out and releasing one......

So good thing i looked! at the end of Q1 there is a white paper release! This is going to be quite exciting when it comes out and explains the ins and outs of what ECA is really used for and how it works.

The second thing that grabs the eye of visitors is the proof of steak. There are HUGE rewards right now for Staking your coins in your electra wallet, up to 50% of your total supply in your wallet in an annual return! One good thing i have read is that you do not have to keep your wallet open all the time to stake your coins.

The Test!
Purchase some ECA and transferred it to my Electra Wallet, and i was shocked when it transferred in probably less than two seconds. on their website they said Blazing fast!
haha they weren't kidding! so i let my coins mature for 24 hours and unlocked my account and started staking. i closed my laptop and came back a day later and noticed my wallet was locked and not staking. Im not sure if this has been a constant issue with other people but maybe it will get fixed here in the near future! i have also heard that people have not been getting rewards for staking for a month or two.... lets hope thats not the case and they start seeing some results!

As you can see by the rest of the roadmap that grabs the eye is the MASTERNODE development will start in Q3 of 2018. this is some pretty exciting stuff (i have a post about masternodes on my blog if you are curious as to what they are!) if you are interested in passive income and trying to find a decent HODL coin for a long term.

Coming in with a total supply of 30billion, a circulating supply of 22 billion, i think that this coin has some potential. with only a few minor fixes that i can see is needed, i can see electra doing pretty well in 2019, establishing its base in 2018!

i hope you enjoyed this post, and please if im missing anything or if you have any other information please feel free to let me know! good or bad! I do hold some ECA, but reviewing it for other peoples knowledge and i look to be completely honest with my review, this is not financial advice! where i got everything- www.electraproject.org