Stayking – cheesy and I don’t think it will ever catch on, but I get the concept they’re trying to convey.
This project introduces an innovative form of decentralized staking, placing a strong emphasis on retaining control and custody of your own assets. There's no pooling of tokens in centralized systems, and the fear of losing control is alleviated. Great idea, I am fully supportive of this kind of staking concept.
Staykx operates on the XRP Ledger and currently supports only a limited number of XRPL tokens. This means its reach is somewhat restricted in terms of the projects it can offer its "stayking" services for. However, they do say they have plans to expand their offerings in the future.
One potential concern with Staykx is is that the team looks like they have all just graduated high school, which might suggest a lack of depth and experience. The absence of LinkedIn accounts, with only Twitter profiles available for contact, further raises questions about the team's expertise and ability to execute the project effectively. Show Less
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