Review on 0x by Mr Benji

Name: 0x
Item: 0x
Rating: 4

June 13, 2019

Let's tokenize the world

- 0x is an open protocol that allows us to trade tokens build on ethereum wihout 3rd party on DAXes (decentralized exchanges) that will use their protocol. (wallet to wallet trading).
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- To make it simple it's an open public infrustructure where we can build
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1. Integration - 0x protocol is written so good that there is no problem to integrade it in the future with other blockchains other than ethereum.
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2. Finished product before ICO - Protocol 0x is already finished 0x used their very own smart contracs to carry their ICO! (that was sold in 24h) witch is super fast back than. First they made their product and than they started ICO to raise some founds mainly for marketing.
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3. Token metrics - 50% of the tokens were sold during ICO, 15% of founds will be used to pay for space, developers etc... (should be enought for 5 years or more if the token price rises). Next 15% called "developer found" this money will be used for various actions like: rewarding people that found bug, to help companies that will build on 0x and strategic partnerships. 10% for the team and another 10% for the advisors.
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4. Protocol - Examble if we want to trade token for token we don't have to first buy btc and than swap to the second token. Thanks to that protocol we can trade that tokens directly.
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5. We are ready - They believe that in the future everything will be tokenizes.(Gold, Real estate
m etc...)
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6. FREE?! - Using 0x protocol is free exchanges are setting their fees, but if the exchange won't use any fee the 0x token will not be used.
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7. Team - CEO was an advisor in BAT project the CO-CEO was a tarder since 2012, Alex Zue - working for google and amazon, Ben Burns was working for apple and many more.... 35 people of proffesionals.
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FUN FACTS: 🍉﻿
Coinbase bought DEX paradex that is using 0x protocol
Coinbase and 0x offices are 10 min apart.
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Updated 5 years ago

Rating has not been changed

!Shut down of 0x Exchange v2.0 contract and migration to patched version!
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- The team has found a vulnerability in 0x Exchange v2.0, luckily exchange contract was not exploited and founds for users are not lost. They shout down the 0x 2.0 exchange using AssetProxyOwner contract. They are working hard to fix this issue.
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Pros