/biz/ - Business & Finance

>>9506834
How does this ecosystem work? I have $10k of it but don't know what it is really.
I get WETH and the dex, but why is ZRX valuable? I thought it was just for DEX voting rights.

>>9506834
to make it? over 100k ZRX needed.

>>9506834
500 in 2020 and you are set

>>9506834
Governance is very important. Consider all the bullshit last year with BTC forks and lightning. 0x has the vision where everything from crypto tokens to derivatives to potato futures etc will be traded on a decentralized exchange built on 0x protocol.

u got nuthin' on me kid

>>9507193
Hey dude, there is room for the both of us. But please don't shit up our threads like this. You can make your own.

>>9507259
Nothin' personnel

>>9507151
You seem like a reasonable anon so I'll ask you my question. I am not asking to be spoonfed or anything of the that sort. I've considered 0x in the past but, my thought process always leads me to what makes this DEX token different from all the others? I know they have partnerships with other projects knc, eng, and others besides this though what is the underlying use case? What seperates this project from the pack, silver bullets aside. I'm not fudding if you are wondering, just interested to hear your thoughts or if you could point me to something besides the WP.

>>9507446
>>0x protocol also makes it possible for any third party to run a dedicated decentralized exchange built directly on top of 0x. These parties are called relayers; they run their own order books and user interfaces but conduct trades using the 0x contracts. Radar Relay, The 0cean, Kin Alpha, Paradex, and EthFinex are all independent companies that are building 0x relayers. Other projects such as dYdX, Dharma, and Market are building derivatives and other financial products using 0x.
>>Relayers are one of the most important parts of the 0x ecosystem, and will likely be critical to the success of the protocol. By creating a set of smart contracts that any relayer can use, 0x will benefit from the natural competition that emerges among different relayers. There are currently upwards of 9 relayers building on 0x, with more to come. Each of these relayers will compete for customers, and each will independently market their services and bring new users into the 0x ecosystem.
Link:
https://multicoin.capital/2017/12/14/0x-zrx-analysis-valuation/

>>9507193
>>9507397
Why is this shit still trading at 50% ICO?

this thing has a potential to be massive

0x is going to be very hot. The working product is already super legit and I have no doubt in my mind that decentralized exchanges will change the way people trade. The token's value won't go up exponentially with the usage of 0x however, since it only pays fees and does governance. Once DEX's really start to threaten he big exchanges with their safety, easy of use, and lower fees, the token will see more value growth. I mean ffs you can literally build derivative products on 0x and they aren't even far off. I'm talking options contracts, leverage, etc.

0x is here to stay because of how absolutely solid it is.

>>9507902
so basically it's a good long term hold...

>>9506834
idk I have 2k I bought back in august

They will also implement a system in 0x 2.0 where you can use any erc20 as a trading pair, the swap happens through zrx token automatically or some shit.

>>9506867

I have ZRX too and still doesn't understand what's 0x endgame, it's just a big exchange between ERC20 tokens, a plataform to build dapps or what? Could someone explain it with a real use case?

>>9508155
I don't know what it does, I just pretend to know so I could lie myself I was smart and not do any research to improve my overall knowledge on the projects I have invested in.

Coinbase is testing right now to either acquire or implement their own ERC20 decentralized exchange running off 0x protocol. This coin (ZRX) will 5x minimum after this is confirmed, possibly 10x. This is massively bullish for all ERC20 coins.

You heard it here first.