Author

Topic: High conviction 'Buy' on 0x Project (ZRX) by Picolo Research (Read 4202 times)

newbie
Activity: 5
Merit: 0
yoooo tell me more about that 'high conviction buy' you were talking about. How's that going?
newbie
Activity: 9
Merit: 0
Okay, great. So why do they need to sell us tokens again? What do the tokens actually do? This is not a cryptocurrency. Why are we giving it monetary value as if it were?
1) Maker and Takers will pay fee in ZRX to Relayers (exchanges on 0x) for using its off-chain order book. Looks like first Relayer will be that guys https://radarrelay.com/
And very likely Ethfinex will use 0x protocol, as they mentioned in whitepapper.
2) Decentralized governance over 0x protocol update mechanism
You should also read this https://medium.com/@RadarRelay/on-radar-and-relayers-30423f506587
full member
Activity: 520
Merit: 123
An open standard exchange protocol for ERC20


0x is a startup seeking to create and deploy a new, secure, ‘trustless' and ‘feeless’ exchange for Ethereum ERC20 contracts and tokens.

Currently, there are two types of exchanges in the market with differing problems:

1) Centralized Exchanges such as Poloniex, Coinbase and GDAX which are susceptible to security flaws, traffic spikes, and significant fees; and

2) Decentralized Exchanges such as EtherDelta or Maker Market which are slow due to everything being stored entirely on the blockchain

The 0x project aims to deploy a platform agnostic ‘hybrid’ of both exchange processes; using off chain order relay combined with on-chain settlement to create a new and efficient standard in the market.


To read the full report - click here:

https://picoloresearch.com/22/0x-project-zrx

Okay, great. So why do they need to sell us tokens again? What do the tokens actually do? This is not a cryptocurrency. Why are we giving it monetary value as if it were?
newbie
Activity: 7
Merit: 0
The idea and amount of transactions ZRX could be involved makes the coin a winner. I'm holding mine but if a crash were to happen, I would stock more. It's unlikely though.
full member
Activity: 184
Merit: 100
0x is trading at $0.50 in poloniex now. Is it worth buying at this price?

No, it will crash. Give it a day or two to settle.
full member
Activity: 322
Merit: 179
0x is trading at $0.50 in poloniex now. Is it worth buying at this price?
sr. member
Activity: 420
Merit: 250
A billion 0x tokens and it's trading at 200k satoshis. Seems a little high? I tried connecting to their exchange, first thing I realized it's a little complicated and takes some reading up on how to get it functioning. Pasting scripts and such. What is all the hype about owning the token? So you can vote on how the network runs, and to pay trading fees. But won't the fees be fixed? If the token is worth more doesn't mean the fees are more.
full member
Activity: 144
Merit: 100
I just noticed this was on an exchange and on coin market cap within hours of the ICO ending which is crazy

I haven't seen anything appear that quickly before

Already on Poloniex. Made it out big time right when it hit. First time in awhile since I caught a new coin added.
newbie
Activity: 39
Merit: 0
It's predominantly Over The Counter (OTC) markets that are trading it at this point in time.
hero member
Activity: 1344
Merit: 502
I just noticed this was on an exchange and on coin market cap within hours of the ICO ending which is crazy

I haven't seen anything appear that quickly before
member
Activity: 91
Merit: 10
0.5$? Mate, this project will hit 3-5$ in next 6 months.
newbie
Activity: 39
Merit: 0
Yes. you need to HODL
sr. member
Activity: 322
Merit: 250
"Highest ROI crypto infrastructure"
ZRX was extremely hyped today. Do you think it is possible for it to hit .5 if they are traded on exchange like Bittrex?
hero member
Activity: 1540
Merit: 507
I've read it, It seems the code still unclear and need the the more improvisation. But i just want to hear the reply from the team about the critize by a good blockchain researcher.
That makes the team can build the strong code in the future.
hero member
Activity: 1344
Merit: 502
Has this ICO begun yet and how much do you get per ETH invested? Also to apply for it what do you need to submit is it full KYC/AML compliant?
newbie
Activity: 39
Merit: 0
An open standard exchange protocol for ERC20


0x is a startup seeking to create and deploy a new, secure, ‘trustless' and ‘feeless’ exchange for Ethereum ERC20 contracts and tokens.

Currently, there are two types of exchanges in the market with differing problems:

1) Centralized Exchanges such as Poloniex, Coinbase and GDAX which are susceptible to security flaws, traffic spikes, and significant fees; and

2) Decentralized Exchanges such as EtherDelta or Maker Market which are slow due to everything being stored entirely on the blockchain

The 0x project aims to deploy a platform agnostic ‘hybrid’ of both exchange processes; using off chain order relay combined with on-chain settlement to create a new and efficient standard in the market.


To read the full report - click here:

https://picoloresearch.com/22/0x-project-zrx
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