0x is an open protocol that is designed to offer a decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange. The team behind 0x strongly believes that in the future, you will find thousands of tokens from Ethereum and that 0x can provide an efficient and trustworthy way to exchange them. 0x have several benefits such as it can be any asset. The 0x protocol facilitates the exchange of a growing number of Ethereum-based tokens including currencies, game items, and many more digital assets. Besides, it has a networked liquidity. By sharing a standard API, relayers can easily aggregate liquidity pools, creating network effects around liquidity that compound as more relayers come online. 0x also can be exchanged anywhere. 0x allows trade functionality to fade into the background, enabling developers to focus on building while 0x handles the exchange. The co-founders of 0x are Will Warren and Amir Bandeali, the first of which is the CEO and the second of which is the CTO. Both are in smart contract research and development. Warren used to conduct applied physics research at the Los Alamos National Laboratory after studying mechanical engineering at UC San Diego. Bandeali used to be a fixed income trader with DRW after he studied finance at the University of Illinois, Urbana-Champaign. 0x doesn’t charge fees of any type to use their protocol; it is free. However, if someone chooses to create a decentralized cryptocurrency exchange using the protocol, that person, known as a Relayer, can charge fees. How does it work? 0x protocol works where : A “Creator” sends his request and at that same point the request is posted in an off-chain arrange/order book by the “Relayer”, next to which the request is acknowledged by the “Taker” by pushing the exchange into the task’s DEX smart contract. Thus, the 0x protocol uses off-chain order books, which is maintained by a relayer for settlement of trade between two parties. Relayers, being behind the maintenance and creation of these channels are incentivised by charging and collecting fees. 0x (ZRX) Token: ZRX token is the unique aspect of 0x project which will be used to pay ‘relayers the trading fees by the users of the protocol. It is also a governance token in a decentralized form for the 0x protocol’s upgrade.
Coinsuper would like to announce our platform token — CEN (Coinsuper Ecosystem Network)’s issuance and our plan to set up “Coinsuper Club”, i.e., the Global Advisor Association. All the CEN holders own the privilege for premium projects subscription. CEN (“Coinsuper Ecosystem Network”) is Coinsuper’s platform token. It is based on the ERC-20 token standard and has a total supply of 1 billion tokens, with no further issuance. Coinsuper is committed to building a world-class cryptocurrency exchange that drives mainstream and institutional adoption of digital assets. Coinsuper’s unique expertise in traditional finance, combined with its technical and operational excellence, makes it uniquely qualified to achieve this goal. CEN will serve as Coinsuper’s platform token and power a robust cryptocurrency ecosystem that is comprised of the Coinsuper exchange, a network of global crypto investors, top crypto investment funds, regulatory authorities and blockchain innovation labs. Together, this ecosystem will advance the growth of cryptocurrency and strengthen industry regulation and governance. Coinsuper has always been committed to creating a compliant and safe trading platform for premium blockchain projects, so as to provide global users more opportunities to participate through CEN. With the establishment of Coinsuper Club, Coinsuper will invite world-class blockchain investors and consultants who consistently refer premium blockchain projects to the platform. CEN holders and Coinsuper Club members would enjoy the benefits including: a. All CEN holders on the platform can get the opportunities and discounts for early participation in premium projects subscriptions; b. The platform will also give premium project tokens away to CEN holders on an irregular basis; c. Club members would enjoy the priority to get a certain share of premium projects; Currently, the first batch Coinsuper Club members including Pantera Capital, 8 Decimal Capital, Node Capital, Blockwater Capital and Connect Capital have been invited to join.