Have you ever came across a real Vena competitor?

It is the main component of success

Whey Microsoft and Apple managed to become so popular back in their times? Because they were first, they were creating the road, which will be used by others in future, so they were able to set the rules to the game. Today, when we can see the births of thousands blockchain projects, it may be hard to define which of them will rise and which of them are doomed to fail. 

In the same time, there is a great hint for every newcomer or newbie cryptocurrency investor, who is looking for good investment opportunity: you need to pay a lot of attention to the competitors. Of course, so of them may fail in future, but only the project, which will be able of becoming leader in terms of tough competition is worth your attention. 

That is why I payed so much attention to Vena Network. After the first look, it may seem that Vena does not offer anything new to its users, but when you read white paper, you realize that this project has no analogues right now and it is not likely for similar platforms to appear in the nearest future. 

Every project provides potential investors with the competitive analysis, but I do not trust this information, because teams may want to show the best of their project, so they ignore potential disadvantages of their product. However, when I checked all the information about Vena competitors in WP, it was totally accurate, so I want to share some of my thoughts with you.

Most of Vena services has no analogues

List of tools, which are offered by Vena Network is huge. Vena is an ecosystem, so I was not surprised. In the same time, most of tools and services has no analogues, so it is completely clear that Vena tools and Vena tokens will be highly demanded in the nearest future. Let’s take a closer look at some of them:

Vena offers full decentralization, which could not be offered by any of similar projects. It means that transactions costs are low and level of freedom is high. 

Vena offers own kernel contracts instead of unreliable smart contracts. In addition, it would be easy to connect Vena contracts to any kind of state law, which allows to use them in fiat economy sector. 

Wide profit distribution guarantees that Vena is controlled by the whole community, while most of competitors had few people to rule over the other token holders. 

With Vena services it would be possible to insure your deals and investments, which is very demanded feature in current cryptocurrency world. In addition, demand does not seem to decrease in future. 

All the disputes are solved by jurors, which are the part of decentralized system. It allows to eliminate any kind of corruption, but to save an opportunity for off-chain solution. 

You will need to undergo decentralized check instead of classic centralized KYC. Vena cares about your privacy even during the registration process. 

Feel free to visit Vena network and to check all this data! 

Links:

Vena Network website - http://vena.network/en.html
Whitepaper - http://whitepaper-en.vena.network/
Telegram - https://t.me/vena_network

Author: https://bitcointalk.org/index.php?action=profile;u=1379266
Author ЕТН:  0xaFefb0521ce98ee2136Cb2d43001A8f8d1bEAB76