Review on 0x by Moises G.
I like this ICO both for short- and long-term potential. The project, team…
I like this ICO both for short- and long-term potential. The project, team, progress, and execution all look to be promising.
Aside from its investment merit, I am also rooting for 0x’s success because the project moves Ethereum forward as the leader of tokens and smart contracts.
Pros
- 0x protocol enables transactions of ERC20 tokens between users in a secure, trustless, feeless, and quick manner through the use of Ethereum smart contracts. Ultimately, every assets, including fiat, commodities, stocks, can potentially be represented as a token. 0x’s goal is to allow any Ethereum tokens to be traded efficiently.
Cons
- The problems that 0x is trying to solve benefit from decentralization. The risks pertaining to centralized exchange are some of the biggest factors preventing the wide adoption of cryptocurrency. The hacks at different exchanges are some of the biggest news that layman learn about cryptocurrencies and this is undesirable.
