1 Level
16 Review
25 Karma
Review on 0x by thanh hao
The 0x project has got its mission right. Moving to decentralized exchanges…
The 0x project has got its mission right. Moving to decentralized exchanges seems like the next logical step. Also, the 0x project addresses some of the major flaws with existing crypto exchanges. Also, the versatility and easy availability of the 0x project makes industry leaders hope that the project will grow quickly. This will lead to the creation of other similar exchanges on the Ethereum blockchain. With that said, whether the price of the ZRX token will rise high and prove as a lucrative investment for crypto investors remains to be seen.
Pros
- Unlike other popular digital currencies, ZRX tokens have a fixed supply. The total number of ZRX tokens is one billion. The token was launched on 15th August 2017. Fifty percent of the total supply of tokens (half a billion) was released during the ICO. Fifteen percent of the remaining tokens were retained by the 0x project team, Fifteen percent was added to the dedicated developer fund, ten percent was distributed among the members of the founding team and the remaining ten percent was awarded to early backers of the project and the project’s advisors.
Cons
- At the end of the ICO, ZRX was valued at around $0.5 and the value slowly dropped down to around $0.2 for a few months after that period. The price remained the same for the rest of last year, especially during the September to November period, when other altcoins saw a huge spike in prices, but i think in the future, Ox will go to the moon !
