Review of everiToken(EVT): BB — Stable Outlook and Moderate Risk

TokenInsight has recently published the rating report for everiToken(EVT), which has received a project rating of BB with a stable outlook.

TokenInsight
4 min readMay 27, 2019

❔What is everiToken:

everiToken is the first public blockchain in the world buit based on a token economy and operating on the basis of safe contracts.

Key Points:

✅everiToken has invented a token-based transaction model, which effectively reduces the probability of 51% attacks.

✅According to the official information provided by everiToken, the project
has reached 10,000 TPS on its mainnet (https://evtscan.io/), performing
much higher than similar projects.

✅ everiPay is a face-to-face micro-payment tool based on the everiToken
platform. It has been deployed in the payment business with the issuance
of $500 million USD in stablecoin HWG Cash issued by Ho Wah Genting
Group, a Malaysian listed company.

✅everiPay is a face-to-face micro-payment tool based on the everiToken
platform. It has been deployed in the payment business with the issuance
of $500 million USD in stablecoin HWG Cash issued by Ho Wah Genting
Group, a Malaysian listed company.

✅everiToken has a third-party auditing organization to inspect its code
security and sanction its security and quality to the general public.

Result:
TokenInsight gives BB to everiToken with a stable outlook. Overall, the risk of everiToken is moderate.

Learn more about everiToken

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TokenInsight
TokenInsight

Written by TokenInsight

Leading Data&Tech-driven Blockchain Financial Institution.

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