DEXAGE ; AN IMPROVISED AND SOCIAL DECENTRALIZED EXCHANGE

aflozy (36)in #exchange • 6 years ago (edited)

INTRODUCTION

Ever since the invention of cryptocurrency, the market has really grown tremendously in 2017, topping out at nearly $180 billion in total market cap this summer. The growth has made many supporters from different field of loop professions and businesses around the world to embrace blockchain technology hence made industries to begin creating investable new digital asset and many exchanges entering the field day by day. As investors and speculators have become increasingly interested in the area of cryptocurrencies, hackers and criminals has also increased.

A cryptocurrency exchange is a platform where traders buy and sell digital asset. It is also an exchange where you can buy and sell or exchange one cryptocurrency for another one or fiat currency. An exchange is an important link in the cryptocurrency industry; it is a place for people who want to trade/invest in cryptocurrencies. Despite all this, it is a known fact that many of the current exchanges are not making trading easy for old/traditional investors to come on board. A lot of exchanges are being created day by day but with all sorts of problem. Problems like lack of insecurity for investors’ fund, high listing fee that has prevented a lot of project developers to list their token to an exchange, high withdrawal fee, lack of customer care support and lack of liquidity.

THE CONCEPT OFDEXAGE

DexAge is a Decentralized Exchange platform, enabling P2P crypto to crypto exchange, crypto-trading, crypto-fiat trading, P2P lending and chat on DAPP, using a user-centric approach where the whole platform would be driven by social web.
DexAge is an exchange that will take advantage of the blockchain technology and create a permission less, trustless and decentralized P2P trading and P2P lending platform which intermingle safety and independence in the crypto-trading procedures. The main goal of DexAge is to invent a user-centric bionetwork where the firm and its customers jointly take advantage of one another and nurture and progress collectively.
Dexage will take a shot at a decentralized system of chains, all exchange activities will be checked and keenly guarded against cracking due to their dependable circulated engineering. DexAge comes with a value proposition and experience of an efficient cryptographic money one-stop-shop exchange solution center that utilizes a block-based distributed, decentralized and value-based arrangement.

EXPONENTIAL FEATURES OF DEXAGE

P2P CRYPTO TO CRYPTO EXCHANGE
The decentralized DXG platform will permits P2P crypto to crypto transactions that will endows the users with comprehensive control over the inter flow of the monies on the system. All the dealings would be synchronized by smart contracts which would be in charge for implementing the trade payment. The part that will be played by DexAge throughout the whole crypto-exchange progression is to authorize the existence of necessary capitals in each party’s account, determine the trustworthiness of the contracted deal and equal the trade demands from its mandate book in case the business deal is accepted.
P2P FIAT-CRYPTO EXCHANGE
the DXG platform will give its diverse located users the opportunity to interchange their crypto possessions into fiat money, thereby humanizing the liquidity of DXG in the process.
P2P LENDING : The Dexage gives an assurances the best peer to peer loan service by using crypto assets as collateral security to obtain such loans from Dexage. However, DXG will play a pronounced role in this functionality. It is a outstanding pace taken towards mainstream cryptocurrency adoption by Dexage team, making the project outstanding. All intended Debtors and lenders can make use of integrity score from user profile's trading history to know if a user is trustworthy or not before implementing loans. The end result would be a smart loan system guaranteeing no default and or loss of capital. At the expiration of the loan, if only the whole payment is received by the lender does the collateral go back to the borrower.
DAPP ON MOBILE PHONES
To endorse the notion of a user-centric design, DexAge invented a P2P portable dialog application where customers would be capable to employ in diverse exchange -related events along with conversation. The four fundamental amenities that can be availed by the users of the application are as follows:
i. Crypto to crypto Exchange
ii. Escrow trading
iii. P2P Lending
iv. DXG chat

DEXAGE TOKENIMICS

SYMBOL; DXG
SOFT CAP; 5,000,000 USD
HARD CAP; 24,000,000 USD
TOTAL TOKENS; 5,000,000,000 DXG
TOTAL CIRCULATING SUPPLY; (55%) 2,750,000,000

FUNCTIONALITY OF THE DXG TOKEN