Bitcoin Forum

what is telegram group (chat) link?

The official Telegram group link is:

https://t.me/ENEDEX_Official (https://t.me/ENEDEX_Official)

Do you have whitepaper?Can I get link?

When ENEDEX going to list in exchange?

The whitepaper is available at the following link:

https://enedex.org/ENEDEX_Whitepaper_v1.0.pdf (https://enedex.org/ENEDEX_Whitepaper_v1.0.pdf)

Please check our roadmap at https://enedex.org (https://enedex.org).

The ENE token is scheduled for listing on Uniswap and other exchanges after its scheduled launch in Q3 2021.

I really liked your project.Do you have telegram group?I would love to know more and discuss about your project.

Do you think you can successfully implement this project ?

Hello, thank you for your support.

Our official Telegram group is: https://t.me/ENEDEX_Official (https://t.me/ENEDEX_Official)

Our official Telegram ANN channel is: https://t.me/ENEDEX_ANN (https://t.me/ENEDEX_ANN)

Thank you for joining!

We do not have airdrops, however we may have community bounties in the future.

Stay tuned and join our Telegram group and ANN channel for further updates.

We think so.

Combining 35+ years of accumulated experience in Energy Trading, Strategy, Executive Management, Investments, Engineering, Entrepreneurship, Bitcoin, Cryptocurrency and Blockchain with industry leaders, ENEDEX team is the best option to deliver and manage a product that is going to shape the future of the energy industry.

Do you have mobile app to use ?

I have entered this telegram chat group. the group is not very active but the admin has a fast response in answering questions. Is there a core team or just a developer? I want to ask a critical question for you there.

We do not have a mobile app to use at the moment, however there is a mobile version of our website with all the details.

ENEDEX started recently and we are on the way towards revolutionizing the way energy markets work nowadays. The core team is on the website. 2 team members are completing their EMBA at the University of Oxford.


Combining 35+ years of accumulated experience in Energy Trading, Strategy, Executive Management, Investments, Engineering, Entrepreneurship, Bitcoin, Cryptocurrency and Blockchain with industry leaders, ENEDEX team is the best option to deliver and manage a product that is going to shape the future of the energy industry.


Hot news: Bloomberg featured us recently

https://www.bloomberg.com/press-releases/2021-04-15/enedex-announces-world-s-first-polkadot-moonbeam-cross-chain-dex-for-energy-trading
 (https://www.bloomberg.com/press-releases/2021-04-15/enedex-announces-world-s-first-polkadot-moonbeam-cross-chain-dex-for-energy-trading)

How do you handle all the obstacles in this market with efficiency?

Do I need KYC to use your website?

ENEDEX is based on its experienced team:

Combining 35+ years of accumulated experience in Energy Trading, Strategy, Executive Management, Investments, Engineering, Entrepreneurship, Bitcoin, Cryptocurrency and Blockchain with industry leaders, ENEDEX team is the best option to deliver and manage a product that is going to shape the future of the energy industry.

The KYC is not needed to use the website.

However, in order to participate in private sale, there would be a KYC.

Hey Devs, like the idea. Is there any bounty program or airdrop available right now.?

From NYMEX (CMEGroup) and The Great Maine Potato War into the Decentralized Trading of Synthetic Energy Assets.

Read ENEDEX on Medium:

https://enedex.medium.com/history-of-energy-trading-41d99f290d63 (https://enedex.medium.com/history-of-energy-trading-41d99f290d63)

There is no bounty, neither airdrop available at the moment.

We may have community bounties in the future.

Thank you, our experienced team of industry veterans is doing the best to make the world greener, cleaner and thus better place.

Seems interesting, Don't you have any mobile app. App would be more easy to use and also user freindly.

We do have a mobile version of the website.

What is special enedex has to offer us?

Is there any restricted countries to buy your token?

Is there any special opportunities for institutional investors?

That is, if they will be successful in implementing this concept. The usual problem is the execution of their idea. Most projects failed because they don't have funds to proceed with their developments. Now, if the ENE team wants this to be successful, they need to tap private investors that will make sure they can move forward even if they don't hold crowdsourcing campaigns. Because if they will rely their funds from the public, the chance of accomplishing things here may be slow.

What about the token details like maximum supply?

Is there any withdraw fees?

Thanks for the first reply.Apprenticed it.

The best part is we can use it both from a PC and a Smartphone which makes it more appreciating.

Most of the details are in our whitepaper at: https://enedex.org (https://enedex.org)

In a nutshell, ENEDEX provides the following:

Pioneer in Energy Trading
ENEDEX is the world's first crosschain DEX
focusing on trading of energy assets. Being
crosschain and quantum resistant brings
superior interoperability and cybersecurity
to its users.

Comprehensive Trading Interface
On top of being a decentralized exchange,
ENEDEX provides leverage and margin
trading, energy options and futures trading
as well as automatic trading API with data
services.

Seamless Access to Capital
Be the first to kick-off your blockchain
renewable energy project by raising capital
via ENEDEX Kickstarter.

ENEDEX USE CASES

DECENTRALIZED ACCESS – The total derivatives market is estimated to be
around US$640 trillion with several energy derivatives among the most
actively traded future contracts. The WTI contract alone trades 5x the volume
compared to BTC barely scratching the surface of the total volume traded in
global energy products. In other words, the opportunities for DeFi in Energy
Trading are massive! Energy markets are dominated by oligopolies and
traded through expensive middlemen on heavily centralized exchanges. The
platform offers a decentralized exchange method to trade traditional and
new energies markets in the digital asset environment.

P2P ENERGY TRADING - The platform provides access to market participants
to trade, hedge and invest in energy assets in a cross chain decentralized
environment removing the middlemen. P2P is the way for retail traders and
outsiders to get involved! There are many immediate benefits related to P2P
in a decentralised environment such as low-costs, automated and trustless
trading. Energy Trading is usually denominated in fiat USD and ENEDEX
changes this by denominating products in crypto assets including
$ENE/$ETH/$BTC/$USDT and others.

FRACTIONAL TRADING – The platform application offers transparent
fractional trading providing access to energy products that generally are only
traded in wholesale markets, and not readily accessible for the retail market
(e.g. a standard WTI future is 1,000bbls per contract). Access to otherwise
closed markets give retail customers the opportunity to participate in energy
trading, and for SMEs to trade and hedge their energy consumption.

ASSET TOKENIZATION - ENEDEX facilitates the primary demand for tokenization in
energy commodities and converts the ownership rights of a physical commodity,
into a digital token. Blockchain technology enables users to transfer rights through
explicit contractual agreements that are publicly verifiable. Asset tokenization
reduces the reliance on middlemen, reduces geographical barriers, enhances
accessibility through fractional ownership, improves liquidity and democratizes
market access. ENEDEX implements asset tokenization through the use of synthetic
tokens tracking the price of real-world assets that are financially settled offering
globally accessible, transparent and affordable access to energy assets.

MINT - Anyone can mint an eAsset by locking up collateral, either in the form of a
stablecoin or a different eAsset. The required collateral is at least a minimum
multiple of the asset’s value (150% for stable coin collateral, 200% for eAsset
collateral). For instance, if energy derivative is reported to be trading at $100,
minting 1 eX would require at least $150 in stable coin, or $200 in a different eAsset.
Oracles, Liquidations and Peg Incentives. A critical function of the ENEDEX protocol
is the ingestion of asset price data external to the blockchain. This is necessary for
determining the amount of collateral required for minting an eAsset, and for
assessing whether or not sufficient collateral is locked for existing eAssets. ENEDEX
Token holders submit votes on each asset, which the protocol aggregates to
compute a me- dian weighted by each holder’s ENEDEX Token stake. $ENE Token
holders submit votes on each asset, which the protocol aggregates to compute a
median weighted by each holder’s $ENE Token stake. The ENEDEX oracle submits
prices at a high frequency to accommodate real-time pricing of exchange-traded
assets and facilitates solvency of eAssets by triggering collateral liquidations
whenever the collateral ratio of an eAsset (collateral value/asset value) drops below
the governance-mandated minimum.

AUTONOMOUS ASSET MANAGEMENT –The platform application allows for the
owners of energy assets to trade and hedge their energy needs and production and
distribute its income to assigned wallet addresses in a low-cost, trustless and
decentralized method. The platform offers rapid, low-cost asset optimization and
management, data aggregation, and settlement for asset managers.

HEDGING FOR MINERS – Miners use an estimated 80-130 terawatt-hours per
year, which is equivalent to the electricity consumption of about 27 million
average households in the UK. Crypto miners buy their electricity
consumption from their regional electricity providers and are subject to their
pricing strategies. Through ENEDEX miners are provided with the ability to
hedge and trade around their electricity consumption and lock in the value
between electricity prices and the crypto asset in spot and forward curve.
Additionally, ENEDEX allows for new products to be created to trade
traceable electricity using blockchain technology proving the source of
production. Being able to identify the source of production is increasingly
important to ensure clean mining practices through the use of renewable
energy.

FLARING SOLUTION – 1.48 Bcf/d of natural was wasted through flaring in the
United States in 2019. This is equal to the yearly consumption of 7.5 million
households. Flaring of natural gas happens on a global scale in places where
no direct or profitable market access is available. Valuable resources are
being wasted in a harmful way for the environment. Traditional Oil and Gas
companies are looking at crypto mining as a solution to reduce flaring
practises and stop the waste of valuable energy resources. The platform
enables O&G companies active in crypto mining the ability to hedge their
price exposure to natural gas and crypto asset. By locking in the energy to
crypto asset spread producers can forward plan their mining activities and
benefit from cheap access to energy and create value while contributing to
a cleaner environment.

DEFI POWERING SUSTAINABILITY – DeFi market cap has grown from US$45
billion in January 2021 to just under $100 billion three months later without
any signs of slowing down anytime soon. The value of the global renewable
energy market is estimated to reach US$1.5 trillion in 2024 and double in
market size three years after that again. Combining the powerful trajectory
of DeFi and renewable energy provides exponential growth opportunities for
innovation and value creation. DeFi developers are enabled to create new
markets in renewable energy themes, and list those newly created energy
assets directly on ENEDEX.

BLOCKCHAIN-TRACEABLE ENERGY SOURCES – Blockchain is a perfectly
suitable solution for reliable digital traceability from energy production
sources to the points of consumption. The technology provides innovative
fully blockchain-native ways to trace renewable energy from producers to
consumers and establish a token-based replacement for the current
unreliable and non-transparent Renewable Energy Certificates System.

SHARED ASSET OWNERSHIP – Energy projects are able to launch their project
on the exchange to raise capital and for ownership distribution. The platform
application allows for the owners of energy assets (e.g. wind farms, solar
plants, hydro electrolysers) to share ownership of renewable energy assets
as well as trade that ownership.

NEW ENERGIES – New energies will prevail after the energy transition. One
of the new energies is Hydrogen. Hydrogen is a promising new energies
market growing from $120 billion today to an estimated $10 trillion market
in 2050. Hydrogen is a potential sustainable solution for shipping, heavy
transport, heavy industries and aircrafts. Manufacturers having started the
development of firstzero emission demonstrators, the time will come in near
future when hydrogen will become what is today the jet fuel, bunker fuel or
gasoline. Hydrogen fuel price hedging will become of same criticality for
industries as is fuel price hedging now, as well several other new energies.
Prepare the future and establish first DEX hedging and trading schemes for
the future.

Most of the details are in our whitepaper at: https://enedex.org (https://enedex.org)

Thank you for your support, feel free to check our Linkedin and Twitter profiles for more information.

As per our roadmap:

Q1-Q2.2021
Concept Creation
Whitepaper Creation
MVP Launch

Q3.2021
$ENE Token Launch
Beta Version of DEX Launch
Liquidity Mining

Q4.2021
Crosschain DEX Launch
Staking
ENEDEX Kickstarter Launch

Q1.2022
Leverage and Margin Trading
Automatic Trading / API

Q2.2022
Options Trading
Futures Trading
Data Services

Q4.2022
Analysis Tools
Quantum Resistant Energy DEX Beta

Q1.2023
Ongoing Development

Thank you for the support.

Correct, our MVP built on Polkadot Moonbeam Parachain (to become a parachain) is going to be released in the next days.

We are not limited to Polkadot crosschain ecosystem, however we are going to integrate more great standalone blockchain ecosystems, including but not limited to Binance Smart Chain (BSC), Fantom Network, Avalanche (AVAX), etc.

ENEDEX Kickstarter is going to help great new green energy projects to raise capital. On top of potential strategic investment of ENEDEX, successful projects will be able to raise capital in the form of crowdfunding and then list their tokens and synthetic assets on ENEDEX decentralized exchange.

In Private Sale, then minimum contribution amount is 1000 USDT. If you wish to contribute more than 300'000 USDT, please contact Erik at erikvom[AT]enedex[DOT]org

There may be larger contribution slots available based on individual conditions.

US residents and citizens cannot participate in the Private Sale.

Please fill in the form at https://enedex.org (https://enedex.org)

ENEDEX is currently self funded in a private sale stage. We plan to use multiple fundraising opportunities to achieve our goals.

Maximum supply of $ENE is 1'000'000'000.

Find out more insights about ENEDEX in our brand new Youtube video.

Watch ENEDEX at: https://www.youtube.com/watch?v=n2by0spCFUo (https://www.youtube.com/watch?v=n2by0spCFUo) NOW!

This unique combination of elements is full of strategic significance
Market gap, while allowing Moonbeam to serve as the Polkadot network to meet the needs of future developers Over time. Using Substrate to build your own chain is powerful, but it also brings a lot of Other responsibilities, such as learning and implementing chain runtime in Rust, creating Token economy, and incentivize the community of node operators.

Well said, community incentivized is one of the most powerful element.

Hey, as i can see your website there have review platform so you guys how much positive response you've reach

ENEDEX brings a new approach to energy markets through decentralization and democratization by providing equal access to anyone with internet connection. It's a very attractive concept all over the area. Really i like it.

The system-level chain transfers functions from the relay chain to the parachain, Minimize the management use of the relay chain. E.g,The governance parachain can remove all Polkadot governance processes from the relay movement The chain becomes a parallel chain.

Parachains of utilities usually grant Polkadot privileged business logic Governance. Just like the Polkadot relay chain has several privileged functions, such as setting Validator count or DOT distribution from the warehouse, These secondary chains can have privileged functions, such as changing system parameters Or register assets.

I want to know about your hardcap & softcap ?

I think so far there is no information about Presale, the information currently available is Private Sale. To join the private sale you have to fill out this form (https://docs.google.com/forms/d/1s34I6zRuWOGW2a5GmBauFIim0wbNNkf698vApB4Gna8/viewform?edit_requested=true), then later you will be contacted by the ENEDEX team to do KYC

The Substrate blockchain construction framework can be used to build parallel chains with its own consensus and security (combined with Cumulus consensus engine) and unique blockchains.

Determining which validators are in the active concentration and which nominators are nominating them is a computationally intensive task, resulting in very large graphs that map the nominators to their respective validators. The generated graph is calculated off-chain and submitted back to the chain, which means it must fit in a single block.

When it comes to blockchain architecture, one size cannot fit all needs. All blockchains must be weighed to support different functions and use cases. For example, one chain might optimize identity management, while another might optimize file storage.

Can I start trading without KYC?

Networks and applications on Polkadot can share information and functions, such as applications on smartphones, without relying on centralized service providers with suspicious data practices.

How can I know more about your project?Do you telegram to discuss more about it?

This is because the pace of development within the Ethereum blockchain is slow," he added, only serious, full-time cryptocurrency investors and developers know about such things as "sharding" and "collateralization."

Provide basic requirements for the resistance of the censorship system, and
Support many existing and future DApp use cases. Contains a complete EVM implementation, which can be achieved
Entity-based smart contracts will be migrated with minimal changes and expected execution rates
result

For many developers and projects, the Ethereum-compatible smart contract approach will be very useful. It is easier and faster to implement. By building these smart contracts on Moonbeam, developers can It still integrates with other chain stores and obtains value from the network effect based on Polkadot.

ENEDEX is cross chain DEX for energy derivatives trading. in general DEX exchanges do not require KYC to trade.

The smart contract of the ENEDEX token has been published, but the Social Profiles is not yet updated.

With Polkadot, network security can be integrated. This means that each Individual chains benefit from the collective security of the network without the need to construct Everything from scratch must gain the trust and traction of the network.

How do you monitor energy supply contracts to ensure the correct implementation and execution of the project.

May i ask what's the key to forecast energy supply and demand to attenuate the worth of meeting load demands and to maximise the value of supply resources?

.To moderate needed investment sensible management and management ought to be adopted,  tasks that square measure progressively} difficult as energy systems square measure growing to become more active, localized, complex and ‘multi-agent’, with associate increasing range of actors and doable actions. Advanced communication associated information exchanges between completely different elements of the facility network square measure to an increasing extent needed, creating central management and operation a lot of and tougher.

To answer this question you need to make a distinction between the short term (balancing market) and the long term market. I assume your questions is related to the balancing market. The balancing market is a market to enable the grid to be balanced. For example, market participants buy and sell power on a 15 mins time interval. The load demands are dependent on weather, especially for renewable energy sources, and the stability of production assets, e.g. variances in availability of wind and solar have an impact on the KWh power produced. Another reason for imbalances are unexpected outages  when a power station unexpectedly goes offline. A third variable is pricing, if prices swing unexpectedly it might be beneficial to reduce or ramp up the output of a power plant accordingly. ENEDEX enables DeFi developers to develop their own innovative projects to and design solutions to maximising value of supply resources. This could by achieved by reducing the use of middlemen and trade power peer-to-peer directly from the producer to the end consumer.Another scheme that would maximise the value of supply resources can be created through virtual PPA agreements offsetting peak and off-peak trading hours that enable less use of peak power plants during peak hours through reducing electricity use during those hours and reward customers that enable the reduced demand for example. We're very excited to bring the innovation and brain power of DeFi, the wider crypto community and renewable energy together and be part of the solution of probably one of the biggest challenges we face in human kind related to energy.

KYC is required. Please fill the Private Sale form on our website.