Rachex Swot Analysis

Strength

RachelX not only is revolutionary, it is as well a unique project. Its major strength lies in the fact that unlike most newly sprung up blockchain technology, RachelX has a proven history of activities in real life of over 35 years. RachelX has been operational in Vienna, as such its experienced in the business industry, it has a basic knowledge of running a business and staying profitable. RachelX as well has a real life office which people can make reference to in order to avoid scam which is prevalent in the cryptocurrency society today. RachelX has an MVP

Weakness

The world of erotic’s is not really fancied by the public, it is a sensitive issue in the society which people don’t really like talking about or being associated with. RachelX is going to face the challenges of fast adoption but with time this issue will be eliminated as the world is going towards decentralization at the moment.

Opportunity

The world of blockchain has numerous open ended ways through which everyone can benefit from it. RachelX being the first of its knid to be integrated on the blockchain simply shows there is a lot which can be done on the blockchain. As a first mover advantage, RachelX can adopt the eminent benefits of the blockchain technology and revolutionize its industry to make it a world-class affair through decentralization and easy access to its product worldwide. This is because blockchain technology eliminates the issues of border thereby making everything borderless.

Threat

Being the first of its kind on the blockchain, there might spring up other projects alike it which will pose a competitive front to RachelX, such projects might improve on what RachelX is offering thereby being better in both services and all.
RachelX as a project needs to keep improving on itself to avoid such scenario and always stay ahead of the game for future benefits.

Official Links

WEBSITE: https://www.rachelx.co.uk
TELEGRAM: https://t.me/XRachelX
WHITEPAPER: https://www.rachelx.co.uk/storage/2019/07/World-of-Rachel-White-Paper-V1.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5169252.0