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I first learned of IDEX as a WingsDao forcaster. I watched their video and instantly knew in my bones that I should invest in their ICO. If you read their whitepaper, you will see that they are far removed from anything ever imagined in the crypto-trading world and I encourage you to read their whitepaper as I won't sum it all up here for you and take credit for their hard earned explanation in their whitepaper, however I will tell you what I know and believe.
Just like in the Dotcom bubble certain early investors found new companies to believe and invest in, and it paid off BIG for some of them. Granted, most of us missed this opportunity, some got in the bubble (but it burst on them) and a few managed to invest in a Great Company, with a GREAT team and vision and today are millionaires and billionaires.
I believe that modern opportunity to invest in a GREAT company on the ground floor is AuroraDao. EtherDelta (aka Cancerdelta), the once was 18 million dollar daily volume exchange really gave AuroraDao a gift this last Christmas when many people’s money went missing; because right at that same time period, AURORA/IDEX decentralized exchanged was about to launch their ICO (with a ready and working (partially decentralized-to be fully decentralized exchange in hand).
Luckily, thanks to WingsDao, I just happened to be the few privileged 2000 people in the entire world to own one IDXM token. Yesterday, that token was released on their far superior exchange than ED platform and WOW, it traded as high as 14.4ETH from when I was watching. You know what that token cost me? $3000, PLUS I got 50,000 AURA for purchasing that token membership coin. *At this time of writing, an ETH is about $1K, so my membership of $3000 is worth about 14K USD, BUT that doesn’t even account for the 50,000 bonus AURA I received, so let’s talk about that.
You may remember that movie with Nicole Kidman and Tom Cruise where they come to America and are able to get into a deal where they STAKE their land and then claim ownership to it? Well, Those early settlers to the US who STAKED their land, gained acres upon acres of FREE land!
And so we are in a new era of staking, aren’t we?
So about that AURA, if you read the whitepaper you will find timelines of project development. I’m most excited about Snowglobe protocol, when they move to a side chain and connect to other exchanges, therefore increasing liquidity and scaling issues (even though they’re super fast now) What’s really cool is that AURA stakers get paid rewards (again read the whitepaper). By staking their sidechain, you earn FREE money just HODLing AURA and letting you’re computer do the rest of the work!!
I’m not alone in my excitement for this up and coming project to develop, just check out the chatter in Telegram and you will see thousands of people wondering if they can own a membership token and how they can get AURA, so many sad that they missed the sale. You’ll see hundreds praising the teams hard work and sleepless nights all while trying to calm the panic when the site was slow because some jealous entity, (knowing IDEX greatness) DDOS’d the crap out of them the first week or so. Since trying to keep up with the growth and excitement of the project’s unfolding, the IDEX/AURORADAO team are omnipresent in that chat room and seem to never sleep, endlessly answering the same questions, responding to SOS’s about this transfer and that transfer. To that, we owe them a thanks and a big pat on the back for all their passion, hard work and dedication to the project.
Actually, their growth is so fast; they recently went from 150K daily volume trading to now last I checked 1.8mil volume. Here is a list of the growth in users on the site.
They finish their first week at 69 users (chuckles)…
{ week: 1, accounts: 1 },
{ week: 2, accounts: 69 },
{ week: 3, accounts: 161 },
{ week: 4, accounts: 198 },
{ week: 5, accounts: 268 },
{ week: 6, accounts: 421 },
{ week: 7, accounts: 584 },
{ week: 8, accounts: 900 },
{ week: 9, accounts: 1200 },
{ week: 10, accounts: 1496 },
{ week: 11, accounts: 1716 },
{ week: 12, accounts: 1947 },
{ week: 13, accounts: 2201 },
{ week: 14, accounts: 2698 },
{ week: 15, accounts: 3305 },
{ week: 16, accounts: 6380 },
{ week: 17, accounts: 12268 },
{ week: 18, accounts: 13370 } ]
At this rate at week 54, who knows?!!
If you missed the opportunity to invest with the ICO, that’s a bummer but you can still try for an IDXM membership token and trade for FREE or get 2x Rewards, it’s up to you but get them while some of the few holding them are willing to let them go. Once this hit’s the masses, you’ll wish you would have jumped on board sooner.
Did I mention you get paid to trade on their AWESOME exchange AND the IDXM membership token gives you free trades or 2x AURA rewards for life? Get one while you still can, as for me, I’m HODL’n and will enjoy staking their Snowglobe protocol and earning a passive income. Maybe I’ll retire in 5 years.
Oh and I have to give a shout out to WingsDao again for hosting this amazing team and company on their platform. I feel like I won the lottery!
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