Cryptocurrency Review: GoByte (GBX)

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Stability

Attacks: No attacks or potential attacks have been made public.

Algorithm: GoByte’s NeoScript algorithm has been time tested and is stable (May, 2019).

Marketplace Redundancy: Listed on multiple major exchanges, including HitBTC.

Development

Communication: Spoke with senior advisor (team #2), Brad Nickel, via LinkedIn (February, 2019). I have found that multiple developers for the GoByte project have other developments (or jobs) they are currently working on.

Community: There is a medium-sized development community, who release a continuous flow of new and sometimes innovative products.

Deadline Completion

Timeline: No official roadmaps can be found.

Marketing

Communication: Spoke with their community manager (team #2), Antonio Moratti, via Discord (April, 2019).

Social Media: Social media is continuously updated (April, 2019).

Website: Their website is completely custom and has a sleek appeal (April, 2019).

Adoption

Methodology: Primary adoption is weak since development seems to be at a standstill.

Graphical User Interface

Explorer: GoByte Explorer has been customized to have a sleek appeal, functionality is nominal (April, 2019).

Wallet: The official GoByte wallet works excellent, functionality is nominal (April, 2019).

Market Supply

Premine: None

Current Market Supply: 3,641,736 GBX

Maximum Market Supply: 31,800,000 GBX

Additional Note #1: GoByte will be much more appealing if it transitions to a Proof-of-Stake scheme due to a reduction in coin output.

Additional Note #2: Projects do get completed, but they are slow to release / deploy anything.

Additional Note #3: There is complete disarray in the group. Talks of a secondary group really pushes the whole project back.
The CEO of the organization, Hisyam Nasir, is poor to execute and it is seen that his other projects have taken precedence over the GoByte Network.

Date of Publication: May 1st, 2019

Price on Publication: $0.094170 USD / 0.00001761 BTC

Last Revision: May 19th, 2019

Bottom Line: Hold

Base Framework: Dash

Algorithm: NeoScript

Reassessment date: May 1st, 2020

Note: Reassessment date is not exact.
No reassessment will be made if current outlook remains the same.
If my monthly crypto check reveals anything of high regard, this review will be updated.

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