EXXO Exchange - Decentralized exchange
A decentralized multi-blockchain exchange and safe wallet
CEO & Founder
Chris’s background includes extensive experience in the financial sector, working with Deloitte Consulting. I believe “EXXO is more than just a simple exchange solution. It’s a complex platform that evolves in order to constantly improve the lives and business flow of it’s users”. He has been involved in blockchain technologies since late 2015.
Co-Founder & CTO
Huge experienced in backend and frontend development, Joshua has over 8 years experience as a senior frontend developer at Wix.com. His main contribution on EXXO’s project are backend codebase ( smart contracts ) and optimizing consensus implementation to be faster and more accurate.
With deep understanding of crowdfunding and blockchain technology, Jay concentrates on creation of convenient and multifunctional products. His main interests in this project are SecureNetwork and The Validator. Jay has been involved with Bitcoin since 2010 but did not seriously commit to the development until 2014 when he started to study the blockchain technology.
- Crowdsale (75%)
- Team (19%)
- Marketing Strategy (6%)
10-100 ETH = 15% Bonus
101-500 ETH = 20% Bonus
>501 ETH = 35% Bonus
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Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users3
Despite the fact that the number of cryptocurrency exchanges is quite large, but there are not a lot of decentralized stock exchanges. It means that the project can become successful and carve a niche in the market.
Risks and disadvantages
In all actuality of the project, team's task is quite complicated. They need to create a decentralized exchange and a wallet, and it's necessary to apply increased security and safety security measures for clients' assets. If the exchange wouldn't take commissions for transactions, it is unclear how the entire infrastructure will be maintained.
The project can become successful in case of solving a number of issues such as the implementation of increased security measures, the lack of commissions for conducting operations and the high level of safety for clients' assets on the exchange and wallet.
Availability of bounty campaign. It is the only possible advantage I have noticed.
Risks and disadvantages
19 % of tokens accounted for the team, which a high number. As they can easily manipulate the token price when it enters the market. Team consists only of 4 people and nothing mentioned about advisors or partners. Whitepaper is not informative, it contains only 17 pages.
I would not recommend to invest in this project. There is no practical implementation of the platform, just words, no actions. Roadmap is divided into quarters, which looks vague.
The project provides Zero Trading Fees Which encourages many peer to peer transactions. It provides effective distribution of risk which increases chances of profiting from investment. The users have full control over their assets. It provides instant trading of tokens in real time which saves valuable time.It provides safety of assets through a decentralized system of using blockchain. It creates a direct platform for interaction which eliminates extra costs. The project is reliable in that the DEX is runs on a network which makes shutting it down not possible. It provides a storage which stores all the users currencies. The project provides open source system which enables creations of plugins to enhance the efficiency of the system. The tracker helps the user to find potential traders.
Risks and disadvantages
The project only allows one digital currency which might limit potential growth. Its also susceptible to competition from ICO projects in the market fr example Foxtrading. Lack of ads creates limited awareness and might affect desired growth. High bonuses on token sales is likely to affect token value.
The project will have to put effective marketing strategies to the prospected market so as to archive a desired market share. The project is also very reliable which makes it a trustworthy venture for investment since its not pron to being dissolved. Individuals are able to control their personal keys in the same way carry out transactions at free will. The platform promotes transparency through carrying out peer to peer transactions from wallet to wallet. The project has potential to thrive in the market.
What is EXXO?
EXXO is a cryptocurrency exchange service platform who plans to become a becon of fairness in the new age of Internet of Money, using blockchain system regulated by an autonomous algorithm with methods proven on crypto financial markets.
What is so unique about EXXO?
EXXO is one step further than any cryptocurrency exchanges as it will create a fair distribution of risk. The first service launched by EXXO is the most secured world trading exchange that solves existing problems of cryptocurrency exchanges.
Are there any geo restrictions?
At the moment, EXXO services will not be available for citizens of the United States of America, Singapore and China due to local regulation.
Why EXXO has Zero Trading Fees?
If you have at least 10,000 EXO tokens in your wallet all your trading fees on our platform will be Zero. This will add more value to our currency.
How secure is EXXO platform?
The security factor behind EXXO’s platform Is a combination of industry leading Cloudfare DDOS and backed by computer scientists and crypto professionals to provide the upmost security to our users and ourselves.