/biz/ - Business & Finance

https://blog.0xproject.com/a-beginners-guide-to-0x-81d30298a5e0

>>5248417
The tokenized world is going to be decentralized, that has already begun.

The barrier to entry to become an "exchange" is going to completely vanish, and the idea of an exchange is is going to completely change. On the 0x project, 'exchanges' are referred to as 'relayers' because their actual function is hosting order books, which they will likely charge a fee for, but must be paid in ZRX.

Exchange is going to be just that; peer-to-peer token exchanges done through smart contracts. There are a few tokens that are trying to capitalize on this by becoming THE decentralized exchange, but this is entirely the wrong approach.

Teams like AirSwap and Kyber (other tokens trying to capture some value in this space) are limiting their development to their walled gardens. This is the old way of doing business. In the decentralized economy, open protocols and infrastructure are where the value is.

The 0x project has done this. There are already over 20 dApps and relayers that are building or have built on top of the protocol, including Bitfinex's spin off decentralized exchange, Ethfinex. Just as a reminder, Bitfinex is one of the largest centralized crypto exchanges in the world. Volume today was $6,078,222,203 (360,375 BTC)

>>5186226
>>5186308
Motivated Anons ZRX Speech:

Imagine you are the literal gatekeepers for fiat to crypto right now. In such a lightning fast paced, hyper competitive environment, you would likely be on the look out for any threats to your quasi-monopolistic power.

Decentralized exchanges are coming, its absolutely inevitable. The question I would ask myself is, "how can I make money off this?"

The answer is you use your capital to develop open protocols that ALL DEXs can live on top of, and charge people a fee in the token you already have a huge amount of.

ZRX will be on coinbase. At a $180 million current market cap, this coin has, in my opinion, the clearest chance to go 100x from here.

The tokenized world is going to be decentralized, that has already begun.

The barrier to entry to become an "exchange" is going to completely vanish, and the idea of an exchange is is going to completely change. On the 0x project, 'exchanges' are referred to as 'relayers' because their actual function is hosting order books, which they will likely charge a fee for, but must be paid in ZRX.

Exchange is going to be just that; peer-to-peer token exchanges done through smart contracts. There are a few tokens that are trying to capitalize on this by becoming THE decentralized exchange, but this is entirely the wrong approach. Teams like AirSwap and Kyber (other tokens trying to capture some value in this space) are limiting their development to their walled gardens. This is the old way of doing business. In the decentralized economy, open protocols and infrastructure are where the value is.

The 0x project has done this.

There are already over 20 dApps and relayers that are building or have built on top of the protocol, including Bitfinex's spin off decentralized exchange, Ethfinex. Just as a reminder, Bitfinex is one of the largest centralized crypto exchanges in the world. Volume today was $3,198,714,978

>>5175587
The tokenized world is going to be decentralized, that has already begun.

The barrier to entry to become an "exchange" is going to completely vanish, and the idea of an exchange is is going to completely change. On the 0x project, 'exchanges' are referred to as 'relayers' because their actual function is hosting order books, which they will likely charge a fee for, but must be paid in ZRX.

Exchange is going to be just that; peer-to-peer token exchanges done through smart contracts. There are a few tokens that are trying to capitalize on this by becoming THE decentralized exchange, but this is entirely the wrong approach.

Teams like AirSwap and Kyber (other tokens trying to capture some value in this space) are limiting their development to their walled gardens. This is the old way of doing business. In the decentralized economy, open protocols and infrastructure are where the value is.

The 0x project has done this. There are already over 20 dApps and relayers that are building or have built on top of the protocol, including Bitfinex's spin off decentralized exchange, Ethfinex. Just as a reminder, Bitfinex is one of the largest centralized crypto exchanges in the world. Volume today was $2,715,542,247.

>>5140643
man it was really well done...hopefully dude has some of it saved or will rewrite
>>5140244
but basically everything in that pic is being built on 0x protocol and decentralized exchanges will be the next gen of crypto exchanges (can't be regulated / investigated by govs), they will all pay fees in ZRX since they are built off 0x protocol. Coinbase CEO is enthusiastic, Fred Ehrsam co founder of coinbase is an advisor...ZRX is looking really promising. Also he posted this pic attached.

>>5140396
The tokenized world is going to be decentralized, that has already begun.

The barrier to entry to become an "exchange" is going to completely vanish, and the idea of an exchange is is going to completely change. On the 0x project, 'exchanges' are referred to as 'relayers' because their actual function is hosting order books, which they will likely charge a fee for, but must be paid in ZRX.

Exchange is going to be just that; peer-to-peer token exchanges done through smart contracts. There are a few tokens that are trying to capitalize on this by becoming THE decentralized exchange, but this is entirely the wrong approach.

Teams like AirSwap and Kyber (other tokens trying to capture some value in this space) are limiting their development to their walled gardens. This is the old way of doing business. In the decentralized economy, open protocols and infrastructure are where the value is.

The 0x project has done this. There are already over 20 dApps and relayers that are building or have built on top of the protocol, including Bitfinex's spin off decentralized exchange, Ethfinex. Just as a reminder, Bitfinex is one of the largest centralized crypto exchanges in the world. Volume today was $2,715,542,247.

>>5111469
The tokenized world is going to be decentralized, that has already begun.

The barrier to entry to become an "exchange" is going to completely vanish, and the idea of an exchange is is going to completely change. On the 0x project, 'exchanges' are referred to as 'relayers' because their actual function is hosting order books, which they will likely charge a fee for, but must be paid in ZRX.

Exchange is going to be just that; peer-to-peer token exchanges done through smart contracts. There are a few tokens that are trying to capitalize on this by becoming THE decentralized exchange, but this is entirely the wrong approach.

Teams like AirSwap and Kyber (other tokens trying to capture some value in this space) are limiting their development to their walled gardens. This is the old way of doing business. In the decentralized economy, open protocols and infrastructure are where the value is.

The 0x project has done this. There are already over 20 dApps and relayers that are building or have built on top of the protocol, including Bitfinex's spin off decentralized exchange, Ethfinex. Just as a reminder, Bitfinex is one of the largest centralized crypto exchanges in the world. Volume today was $2,715,542,247.

>>5108199

The tokenized world is going to be decentralized, that has already begun.

The barrier to entry to become an "exchange" is going to completely vanish, and the idea of an exchange is is going to completely change. On the 0x project, 'exchanges' are referred to as 'relayers' because their actual function is hosting order books, which they will likely charge a fee for, but must be paid in ZRX.

Exchange is going to be just that; peer-to-peer token exchanges done through smart contracts. There are a few tokens that are trying to capitalize on this by becoming THE decentralized exchange, but this is entirely the wrong approach.

Teams like AirSwap and Kyber (other tokens trying to capture some value in this space) are limiting their development to their walled gardens. This is the old way of doing business. In the decentralized economy, open protocols and infrastructure are where the value is.

The 0x project has done this. There are already over 20 dApps and relayers that are building or have built on top of the protocol, including Bitfinex's spin off decentralized exchange, Ethfinex. Just as a reminder, Bitfinex is one of the largest centralized crypto exchanges in the world. Volume today was $2,715,542,247.

>>5108270
I'm aware. I've bought much.

>>5108278
I didn't buy ZRX because I think it will be listed on coinbase (although I am convinced it will be). I bought it because it is the most elegant solution to decentralized exchanges and has a mile head start against the rest.