This ICO I will be waiting for.
https://neonewstoday.com/development/city-zion-announce-neon-meta-exchange-nex/Canesin, founder of City of Zion, announced in the latest CoZ weekly development report a new project called Neon Meta Exchange (NEX).
Neon Meta Exchange (NEX), is a decentralized exchange project, founded by four CoZ Council members – Canesin (Founder of CoZ), Ethan (Neon wallet creator), Luciano (NeoScan creator) and Fabian (fabwa).
From the update –
“NEX platform is built on a completely new protocol developed within the NEO ecosytem, utilising the best features NEO platform has to offer. NEX will consist of a reference exchange application, which will make it easy for developers building exchanges and payment services, to integrate with the NEX protocol. This project will possess a high level of innovation, building upon research done by Erik, on superconductive exchange technology.
NEO Council will be investing in the token sale of the NEX utility token that will occur at the end of this year, or at the beginning of 2018. In order to execute this token sale, we will be developing a brand new token sale system, that will be open-sourced with a MIT license, and donated to CoZ. This token sale system will include frontend, backend, and smart contract implementations.”
City of Zion are also working on publishing joint research articles with Loopring on developing cross chain protocols, with the goal of allowing execution of ERC20 and NEP5 token trades, across LRC and NEX.
This is a good news for NEO holders because now they have their own decentralized trading platform like Etherdelta and Forkfelta. This news will make the price surge like last year bullrun.