0x (ZRX) is a protocol based on the Ethereum blockchain (ETH), which using smart contracts technology ensures a decentralized exchange of digital currencies and tokens. Also, it can be used to create platforms carrying out financial transactions with coins based on Ethereum. Makers and takers use token 0x (ZRX) to preacting network users containing and updating their data in the so -called public journals (relayers). In addition, the coins of the site are used to monitor the tools of updates, improve and replace some of the protocol units.
In total tokens: 1.000,000,000 ZRX launch: August 15, 2017 Distribution of tokens: 15% of the founders, 15% for developers, 10% of the founders, 10% early sponsors, 50% are available.
Mining is not available. You can support transactions.
Cryptocurrency 0x is characterized by a number of features:
The story of the creation 0x
The development of the project began in 2015. The team creates a protocol that facilitates one -rating exchange of ERC20 tokens on the Ethereum blockchain. The protocol is used as an open standard. Which ensures the interaction of decentralized applications (Dapps) equipped with metabolic functions. Trading is conducted by a system of intellectual contracts that are publicly available and free for use by any DAPP. Decentralized management is due to continuity and reliable integration of updates into the base protocol. Polychain Capital, Blockchain Capital and Pantera Capital, together with Chinese investment firms Jen Advisors and FBG Capital, made investments in the project, which acquired a discount of 30% for future tokens.
The safety of the platform is fully ensured by investment funds and money from the sale of token. The protocol token 0x (ZRX) is used to solve the problem of coordination, create a feedback cycle, that is, users who supported the protocol earlier, extract maximum benefits; Decentralized control 0x.
The co -founder and Executive Director 0x Will Warren expects that, using decentralized exchange, applications developers will introduce transaction technology in other cryptocurrencies without leaving the application. For this 0x, it is necessary to introduce the process of “abstraction of tokens” in order to deceive the interactions on the smart contract between applications and blockchain tokens. The final user makes only ether.
Technical features
Developers can create their decentralized exchanges (DEX) on the basis of Oh and receive commissions. Unlike other projects, oh is a more speedy and economical solution with increased liquidity. However, oh is not the only DEX solution of the sale of ERC20 tokens. ZRX token from oh is necessary to pay commissions for using DEX applications, and later on for voting for renewal of the protocol.
The commissions determine the relayers (owners of the book of orders), but the increase in the network should increase competition between them and normalize prices.
Oh is free, with the exception of standard deductions to miners, but suppliers of DEX services will be able to charge commissions in ZRX. At the same time, oh does not sell fiat tokens and works more slowly than centralized exchanges.
Main settings
Cryptocurrency rate 0x (ZRX)
The cost of cryptocurrency 0x (ZRX) by 27.01.2017 is $ 2.0073. At the moment, there are 102.0 million and the total current sales turnover of $ 91,130,000.
The main exchanges where 0x is represented:
Cryptocurrency capitalization in 2018 amounted to $ 1 billion. The parallel launch of the blockchain network with new tokens is quite promising, and we can predict a significant increase in the cost of cryptocurrency in the near future.
ICO project
Co 0xProject started on August 15, 2017. On the 1st day, 80% of all ZRX tokens were sold. The project team applied a rare model to guarantee a wider access of investors.
Potential participants before the start of the company were invited to register their Ethereum address by activating it through e-mail, while the amount of investment on one address was limited to about $ 1800 on the first day with an increase in the limit at the 2nd stage of the ICO on Wednesday.
As a result, about 12 thousand investors took part in the ICO. About 50% of all tokens were implemented, and most of them remained with the developers of the project and advisers.
Why is it worth investing in it (from the point of view of developers)?
Analysts specialists positively assess the prospects for the development of 0x. Given the constantly growing number of ether tokens, the creation of platforms for their exchange becomes an urgent development.
The activities of 0x developers on the project are carried out in the field:
increased decentralization and development of user voting software on some issues;
ensuring expanded information flow – taking into account the provision of information about the trade of all air tokens, as well as on the activities of network users and retransters of trading floors, managing orders journals.
Why is it worth investing in it (from the point of view of the investor)?
Positive development factors include active support from investors.
By the end of 2017, an increase in the cost of project 0x was observed. According to analysts that with slight fluctuations in the course, this trend will continue.
The project has excellent development prospects. Active development based on the stable blockchain Ethereum increases the likelihood of profit growth from short -term and long -term investments.
I’m has been actively developing my agency, INCRYPTICO, together with the team of marketing specialists, advertising and PR managers who have all been working together earlier.
