DAEX (DAX) The Most Reliable Clearing Ecosystem for Digital Assets.

4.53

Overall Rating

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1399 Views
259 Ratings
119 Followers

Vision

4.56

Product

4.48

Team

4.56

General

Status:
Ended
Website:
Whitepaper:
Bounty:
Country:
China
ICO Time:
9 Sep 2018 - 14 Sep 2018
Whitelist:
No
KYC:
Yes
Cannot Join:
USA, China

Financial

Raised:
~$1,037,304
Price:
1 DAX = 0.07 USD
Accepting:
BTC, ETH, QTUM, NEO
Soft cap:
7,000 ETH
Hard cap:
10,000 ETH

Token Info

Ticker:
DAX
Platform:
Ethereum
Token Type:
ERC20
Available for sale:
TBA
Total supply:
TBA

The goal of DAEX is to provide a better infrastructure for the cryptocurrency trading industry by taking the reasonable parts of the mainstream securities trading industry and by taking advantages of new opportunities brought about by the distributed ledger technology. Specifically, trading and clearing will be separated into different entities. Current centralized exchanges will continue to provide trading service. But the clearing work will be handled over to a common clearing service which is based on the DAEX solution. But, different from current centralized clearing services, the DAEX clearing service is based on distributed ledger technology. The distributed ledger technology guarantees that trades are correctly and safely cleared and settled. By using distributed ledger technology, trader's assets are kept in their own accounts on the blockchain. No one else can access traders' assets without their permissions. This effectively removes trader's asset risks in current centralized exchanges.

Benjamin Gu

Foundation Chairman

Hana Zhang

Co-Founder

Lois Shen

COO

Jason Tang

Chief Architect

Stone Zhou

Wallet Architecture Scientist

4.53
Overall rating
Based on 259 community ratings and 0 community reviews

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4.56 Vision

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4.48 Product

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4.56 Team

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