Topic: [ANN] Beaxy - Shady exchange locking your funds, do not use! - page 24. (Read 39541 times)

I had an interesting though regarding "advisor" thing...

I though before, advisors are for giving advice to the project team. But now I start to understand "crypto advisors" are mostly the people who give people advice to invest in the project. O tempora, o mores!  
Well, just a general observation, nothing personal

https://twitter.com/BeaxyExchange/status/1052935748079505408

Small get together last night with our @OneMarketData partners and @just_artak grandmother

so when do you start calculating how many total tokens will the prize participants get? I want to know also when the token is distributed and when is the date? I hope you announce information about the distribution of tokens here ANN thread. this project has been going on for so long and I want to see BEAXY succeed.

Looks nice. But isn't it a bit too 'raw' for something, which is supposed to be released in two months? At least the view of the balance page should have been ready long ago, to integrate with the backend.
I have extensive experience in software development (not in Web-development though), and I know the rounding up stage requires huge effort, including the most resource-consuming and often underestimated part - testing and bugfixing.
Did they already integrate with OneMarketData API to test the speed? In fact huge speed of backend is nothing, if the GUI and API usage is not made efficient enough, so they should measure the real speed in real stress tests, before announcing the 225.000 TP/s figure.
BTW, is that Artak talking, or someone else?

P.S. Just a unrelated rant: I know I would be better asking all this in their discord channel, to have better chance of getting answer, but well... I hate those chatboxes, and I do not understand why developers moved to closed private non-searchable communication means instead of public forum, where every piece of info could be publicly available for anyone in the internet and searchable by google.

Demo of Beaxy Exchange can be seen over here -> https://www.youtube.com/watch?v=SyJd2lB4-hM&feature=youtu.be

@Khilone7:

Thanks for getting back to me, and attracting my attention to the points I missed. Indeed, I admittedly skipped the PLUS token part when reading. Actually the words "Loyalty Rewards Program" triggered my skipping reflex - the name didn't suggest anything of interest, or anything related to profit share

I had a bit of negative bias towards the project - I think mostly caused by the annoying KYC requirement, even for small users and small transactions. There is something making me very uncomfortable when I have to submit my documents and selfie photos to some entity in the internet (I would say, requirement to submit a selfie with doc in hand is kinda humiliating too). I still believe this should be avoided at least for smaller trades, and in especially in the trial stage, until exchange get popular.

In general, on the second thought, I agree, the program sounds interesting, though still at current entry cost, I would not consider this to be a steal, though it is comparatively low-risk and still could provide a 110-120% [almost] immediate returns. But that's just my problem - I should have found this and entered earlier.

Regarding your statement on utility tokens without any utility, couldn't agree more - there are heaps of them, but they do not deserve any consideration, as those are mostly just a pump'n'pump trading toys. This one at least has a clear usage, so is worth considering.