With Stellar announcing their DEX and many others developing DEX's is NVO relevant anymore? What will set the NVO DEX apart from these?
Serious question. Long term NVST hodler here.
Well first off, stellar was founded by someone that was working at Ripple, right? It was basically meant to be a 'rival' of sorts. I don't know much more than that about it because I don't invest in banker shitcoins.
NVO is different because it's a modular exchange. Any token can be added to it. This means any blockchain, not like a lot of wallets or exchanges that say they offer a lot of alts, but they're mostly ERC20 tokens.
50% trading fees seems to be common with these exchanges, but I like NVO better because it's NOT an ERC20 token. I wouldn't invest in another ERC20 token, because I don't believe they're going to be around very long. They're okay for now and great for crowd sales.
NVO is such a different than any other project I've seen and that's why I'm invested in it. No one knows about it yet so it's the perfect time to buy in. Imagine what happens when advertising starts, when you can buy NVO easily and the DEX is out! I don't want to be scrambling to buy at that point.
Also, the best part about NVO is it's SEXY! Have you downloaded the wallet? It is awesome. It's going to be so easy to use, not some clunky mess like waves or even worse, the XCP DEX. It's going to change the way we think about decentralized exchanges.
Veserus may give people a chance to get in with fiat, which opens even more doors.