Review on 0x by Olugbenga Ajayi
Ox Platform as a Service
Ox(ZRX) provides what I call platform as a service for application developers and various organizations to establish services with a function of cryptocurrency exchange. Ox has ox coin, an erc-20 token that provides platform support for all tokens that are issued within Ethereum blockchain.
Ox Platform provides a scalable and easy to use environment for even developers with poor resources. Developers use ox platform for multiple development tasks like cryptocurrency exchange, data storage, prediction market and others. It provides platform for exchange of assets on the ethereum blockchain. Other uses of of ox coin are as follows:
1. Use for vote of improvement
2. Holders can Delegate it to Market maker.
3. Uses for staking pools to earn protocol liquidity reward on ETH.
Ox rrecent Market analysis showed a reasonable growth. For instance the ox return on investment is up to 194.24% with market capitalization of$214,755,042.
Pros
- Massive ROI is encouraging for the ox coin holders
- Increased liquidity
Cons
- It is only based on ethereum blockchain
