Javvy: Swot Analysis

emauri (25)in #crypto • 6 years ago (edited)

Genuine and working products are the backbone of every good project. No investor would want to buy a coin that does not have a proactive and working team, most especially those with good knowledge of the project at hand. A project that fulfills all these criteria and even beyond is Javvy. I will be introducing to you a ground breaking project Known as Javvy. It is a pacesetter when it comes to new generation blockchain technology, through the integration of decentralized exchange, which is the catalyst behind institutional adoption. This project worth your rapt attention and i believe you will not regret giving your time to it.

This is a unique project that worth analyzing with one of the best business analytical tools. This can be used to evaluate the internal and external factors that is like to have either positive or negative effect, mainly on the success of Javvy. The strength and weaknesses are the internal factor, while opportunity and threat are the external factors of Javvy.

Strength

The rarity and concept of Javvy is the strength of the project. This is an era where there are different projects being lunched in the space, almost on daily basis. Most of these projects have different aims and objectives, but among all Javvy makes a difference and it is an innovative project on blockchain. The tech is profound and it uses and brings up a model that is novel. This is a concept that is needed by most projects that are now being lunched, if they really want to standout, just as Javvy is standing out.

It will not be well justified if i refuse to state that Javvy technology is addressing ans ensuring that the crypto community is grappling through the inclusion of security, regulatory and the complex landscape. This concept is part of what makes Javvy to be useful to all crypto enthusiasts and the world in entirety.

Being the first of its kind, Javvy to a large extent enjoys monopoly, as there is no project that offers technological basis on blockchain. This rarity gives it an advantage over other projects in the crypto market and it is a project that so many people will come to later emulate, because it is a pacesetter.

The Javvy platform is not the only project that is proposing to bring about development on blockchain, the real strength lies in working on the limitations that is encountered by other platforms, which opens the door for more adoption of Javvy.

Weakness

Though this project, Javvy is rated high, it still has it flaws which need to be looked into by the team in other to succeed.

Owing to the fact that there is yet no perfect project, which some may be expecting. Therefore, one of the weaknesses of Javvy is the progress of the project thus far. The absence of a perfectly developed Javvy platform still has miles to it establishment. Although this is being worked on at the moment by the team, in which a prototype already exist, but seeing he finished product in time, will trigger more adoption, which increases the confidence of the masses in a project, because it is an evidence that the project has taken big steps towards it establishment.

Opportunity

The opportunity is the positive external factor that affects a project.

The opportunities available on blockchain are numerous. This is an area that requires much of attention and development, because it is the backbone of every project on blockchain, most especially cryptocurrency itself.

This has the potential to bring mass adoption, because it is loved, cherished and desired by many crypto enthusiasts . And considering the fact that Javvy is not limited to a particular country or location, but available to the whole world makes a great opportunity to exploit.

Considering the size, income and potential rate of increase the market possesses, the opportunity to provide innovation and efficiency shouldn’t be missed out on.

So many crypto enthusiast, potential adopters including governments of so many countries in and around the world, industries, companies, organizations and many businesses, have now come to realize that blockchain technology is the future and this lies in the fact that Javvy Protocol focuses on legacy banking integration to facilitate crypto trading through cold storage, which is the Javvy exclusive and astute wallet and the option for multi-sig wallets are just a few of the solutions. Therefore, it means that much development is welcome in this area and it will be very much appreciated.

Threats

Threats are the negative external factors that affect the progress of a project.

The existence of this project and the new blockchain that is proposed will pose more challenge to existing blockchain platforms, most especially wallets and exchanges that are yet to upgrade and this might compel them or better still encourage them into bringing about more development.

Most projects will see the existence of Javvy as a threat and will respond to it as fast or as swiftly as possible. Also, considering that the Blockchain is without barriers to entry, the companies can easily integrate their existing system with the Blockchain.

I am optimistic that Javvy team is extremely capable of achieving this great fit and implement it for other potential competitors to emulate.

Token Details

Team

The team is not just limited to the founders, there are also other astute and professional members of the team and advisors, which you will be glad joined the project.