DexAge is a DECENTRALIZED exchange with a multi-level commercial ecosystem. Its decentralized nature means that users have complete control of their fund. This exchange aims to solve the problem that most centralized exchanges face. In centralized exchanges, all user funds amounting to millions of dollars are usually in a cryptographic wallet that is accessed through a private key. Therefore, it provides a fertile ground for hackers, all they need is to concentrate all their resources on hacking this single wallet.
Here are some centralized exchanges that have been hacked in the past.
MT.Gox: this exchange of cryptocurrencies was hacked twice; in 2011 and 2014. A total of 750,000 BTC (worth $ 350 million) was stolen. The company filed for bankruptcy and the users lost their money.
Bitfloor: In 2012, this exchange lost 24,000 BTC for hackers. They also closed and the investors lost their money.
Poloniex: this commercial company lost 97 BTC against hackers in 2014. They are still in operation today, but at that time they had to reduce the amount of bitcoin of all users by 12.3% to compensate for the loss.
Bitstamp lost 19,000 BTC (worth $ 5 million) to hackers in 2015
Bitfinix lost 120,000 BTC (worth $ 72 million) in 2016. However, they were able to reimburse users slowly over a period of time and regain their trust.
In addition, in the past more than 25 exchanges were pirated that led investors to lose their fund.
From the above, you can see that a decentralized exchange is the solution to this cryptography theft by hackers. Decentralization ensures that users have complete control over their funds, which makes it daunting and economically unfeasible for hackers to try to hack.
DexAge is the next generation of cryptocurrency exchange. It is still in the ICO stage and today I am going to review the platform and tell you how you can participate to obtain passive income from DexAge.
Our Vision
The transaction creates an unreliable unauthorized P2P encryption exchange and trading platform that is autonomously driven by the synergy Web of users and investors.
Dispersion - DexAge's block-chain-based distributed platform allows you to perform P2P encryption, encryption exchange, P2P encryption transactions and P2P lending in a powerful ecosystem that is very strong in hacking.
autonomy - DexAge's encryption trading infrastructure is a self-contained, self-sustaining system powered by social connections between traders and investors who use our platform. Because we do not have a single authority to control the entire system, we have given DexAge stakeholders full authority, which has been a major force affecting our growth and development.
Social web based - DexAge's innovative business model takes advantage of the power of people. Together with Dapp, the DXG platform allows our traders, users and investors to communicate and share ideas and knowledge while interacting with each other through meetings and chats from Dapp, without allowing them to trade and lend their password assets.
Trust lease system - P2P encrypted transactions on the DXG platform are used for transactions or leases and are coordinated by decentralized escrow services that provide secure smart contracts.
Our Mission
DexAge strives to make our P2P platform an autonomous ecosystem where our users, traders and investors would serve as the fuel and not just as the nuts and bolts of our platform. The real growth and development of DXG lies in the empowerment of its stakeholders, which we endeavour to achieve through the multipurpose functionality of our DexAge tokens. By enabling our users to stake, vote, pay loans and manage their assets in a decentralized exchange, trading and lending marketplace, our end-game is for DXG and its stakeholders to thrive with the proliferative potential of cryptocurrencies.
Main features
Decentralized Cryptographic Exchange
P2P cryptography exchange is facilitated using the order books and corresponding engines. This is similar to what is done in commercial platforms such as Binance, just decentralized.
P2P Fiat-Crypto Trading
Users from different locations can easily exchange their cryptographic assets on the DexAge platform for their local fiduciary money.
DXG in play
This is an opportunity to partner with DexAge and earn passive income. 30% of the income generated in the DexAge platform will be shared among investors who bet their DXG token in the platform.
P2P Loan
This is another chance to win on the DXG platform. An individual can use his digital asset as collateral to borrow money on the platform. They can decide what to do if they consider that their digital asset can be appreciated in value at the closest time and, therefore, they do not want to sell. Lenders can lend money to borrowers at an interest. This is a win-win for both parties.
Dapp Mobile Chat for socio-economic transactions
Social networks have facilitated communication and exchange. With the DexAge mobile application, you can chat with friends and send encryption resources through the chat application.
DXG Decentralized Autonomous Organization
This gives DXG interested parties by intelligent contract the power to vote and participate in decision-making in the development of the platform.
Smart one-click diversification for Crypto Asset Manager
With this feature, users can diversify their cryptographic resource with the click of a button.
DexAge ICO - Token Economics
DXG tokens are built in Ethereum Blockchain with the standard ERC20 platform
Total chip supply - 5,000,000,000 DXG
Total Circulation Supply - (70%) 3,500,000,000 DXG
Symbolic Soft Cap - 25,000ETH
Tab Hard Cap - 120,000ETH Chip Presale
Price - 0.00003ETH Chip Retail
Price - 0.00005ETH
The price per chip varies according to the stage of the sale. The crowdsale is divided into 4 stages with different prices, as you can see in the image below.
Before the beginning of the pre-sale and mass sale, 250 million chips will be delivered free of charge in the air launch. The air launch is currently activated and will last approximately 2 months (from October 10 to November 30, 2018). Upon completing the task in the airdrop, participants will receive a reward of 3,000 DXG, which is worth $ 30 when the token is in the exchanges at the end of the crowd. Participants will also get 50DXG for each person they invite to participate in the air launch and mass sales.
Advantages of investing in DexAge ICO
Profitability
The DexAge team has devised two means to ensure that the DXG token remains valuable: 1. 20% of the revenue generated by the platform will be used to buy and record DXG tokens until it is purchased and burns 50% of the DXG token in supply. This will decrease the supply, increase the demand and, therefore, ensure that the currency remains valuable.2. 30% of the income generated by the DexAge platform will be shared among those interested in the DXG token in proportion to the number of tokens wagered by each participant.
Versatility and stability
DXG tokens can be used for a large number of functions, including bets, voting, payments, transactions, guarantees, etc., within the DexAge ecosystem. The benefit of these multiple functionalities would be a wide range of applications for the DXG tokens, which together with the minimum price volatility would guarantee stability for the actor in the long term.
portfolio
With the one-click diversification tool of the DXG platform, DexAge merchants can manage their crypto-assets and allocate the funds that will be allocated to each currency at their own discretion. The tokens can be used as collateral in the P2P loan function of DexAge, thus improving the liquidity of our currency base.
Executive team
Our Team combines a passion for industry expertise with proven record in finance, development, marketing & licensing.
Precious Kenneth - CEO & Co-Founder
Suanu Neenwi - CTO & Co-Founder
Gody Wogu - Business Director and Head of Operations, Europe.
Ukaoma Stanley - COO (Chief Operating Officer)
Kenneth Chile W. - CFO (Chief Financial Officer)
Jude Umeano - CSM (Community Support Manager)
David Oti - Solution Architect & Lead developer
Zuzana Mejdrova - Chief Content Manager
Owoh Onwuchekwa Ogbuefi - Chief Strategy Analyst CSA
Wapinter - Bounty campaign Manager
ADVISORS
Kingsley Okes Idisi - Legal Advisor
Sydney Ifergan - Board Advisor
Manoj Rana - Marketing Advisor
T Aravinda Babu - Blockchain Technical Adviser
Conclusion.
A decentralized exchange is the future of the exchange of cryptocurrencies and DexAge has taken a bold step to provide this with many other additional features. Your development team as seen on the official site (www.dexage.io) has years of experience in the cryptocurrency space. His co-founder currently runs a centralized cryptographic exchange.
So far, the Dexage team has demonstrated professionalism in the design of the official site and in the presentation and information available in the technical document. The roadmap clearly highlights your plan, what you intend to achieve and the progress of the schedule.
I would recommend investing in this platform as I will. At this time, you can enjoy the $ 30 DXG token by joining the airdrop. You will also get more token inviting friends to participate. All the best.
FOR MORE INFORMATION PLEASE VISIT A LINK BELOW:
Website ; https://dexage.io/
Whitepaper ; https://dexage.io/ico/files/white-paper.pdf
Bounty ; https://bitcointalk.org/index.php?topic=5063961.0
Facebook ; https://facebook.com/dexagetech
Telegram ; https://t.me/dexage
Twitter ; https://twitter.com/dexagetech
Github ; https://github.com/DexAge
Medium ; https://medium.com/@dexagetech
Youtube ; https://www.youtube.com/channel/UC8E50dMj-cXE2GHw6e3ZiAw?view_as=subscriber
Author of the article:
Bitcoinalk username : Cintashany01
Profile link : https://bitcointalk.org/index.php?action=profile;u=1661845
Facebook : https://www.facebook.com/max.bebasmardeka
Twitter : https://twitter.com/tarjoe_maximum
Telegram username : @TarjoeMaximum
ETH adress : 0x2b53a131742A8d2a03771C168267888D7ed5974f
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