NEX - NEO based token for decentralized exchange :o

[Perunex]

can anyone guess the 1 nex token price now ?  1 usd or 10 usd ?  any guess?

Based on approx. 250,000,000 daily volume I would say 1000 NEX will yield $300 a month. Let’s say, somebody bought your 1000 NEX for 14x, so $14,000, then it would take 4 years for that person to breakeven (seems reasonable to me). That said the search for liquidity in this bear market will encourage sales at 3-5x. Makes more sense to stake your NEX if so.

is 250,000,000 daily volume reasonable ?  can this exchange do this ?

Well, atm nothing is reasonable. There is no exchange yet. We don't know how functional will it be and when. For the first year I am quite sceptical it can do it, but afterwards it might be very possible...

[codemanX]

The price is rising continuously, it's currently ~ 2.3$ on Aphelion. I am curious how this project will develop in the future, my plan is to stake ~80% of my tokens for two years, but only if I can stake my NEX on my Ledger Nano S - I hope the NEX Extension will get the support soon.

[sockpuppet1911]

Interview with Fabio Canesin:

https://youtu.be/hNfbnbxfE7U

[Perunex]

Interview with Fabio Canesin:

https://youtu.be/hNfbnbxfE7U

Most interesting point (IMO): Fabio says that as for development goes, they are really far. He calls the Q4 as deployment test in which they will test all the features and the security of the exchange. If the deployment test will be a pass, than we can expect an exchange to be released this year. If not, the release will be postponed to Q1 2019.

Go NEX!

[lamba]

Yes ı invested in nex and i think nex will be very important exchange for neo and ethereum. Nex will support erc20 tokens and nep5 tokens. Their team is amazing .I like Ethan Fast and their amazing team. I think they will open nex in as soon as possible. I am looking forward to do some trades in Nex. We need that exchange these days. There are no proper exchange for nep5 tokens.

[codemanX]

Unfortunately, there is currently no reasonably reputable exchange where you can buy NEX after Aphelion has closed its doors. Now the only reasonably safe way is to buy OTC in a reputable group on Telegram like House of Escrow. Don't use a possible scam exchanges like Tokok, if somebody wouldn't take the risk to bu OTC, just wait for an better exchange.

[Perunex]

Unfortunately, there is currently no reasonably reputable exchange where you can buy NEX after Aphelion has closed its doors. Now the only reasonably safe way is to buy OTC in a reputable group on Telegram like House of Escrow. Don't use a possible scam exchanges like Tokok, if somebody wouldn't take the risk to bu OTC, just wait for an better exchange.

Can you vouch for the House of Escrow? I wouldn't recommend anybody to buy OTC. NEX will most likely be live until the end of the year, if not it will be live Q1 2019. And they will have listed NEX token. Just buy it there.

I am more and more sure that NEX is something that the space needs. A great product delivered could help the bear turn into a bull we are all waiting for.

[Itsaskaaaam]

How do you differ scam projects? Recently, for every second project, someone writes a "scam". At the same time, a bunch of popular projects like Savedroid collect millions and disappear.

There are a lot of criteria by which you can check scam projects. These are economic factors, the team, code, and more. If you are new to this, you can hardly figure it out right away.

So you can choose the project, analyze it, and then compare with reports of famous experts.

[novy]

Nex was my best ico of this year, the bad fact is that this ico came out on a first wave of the autumn dump and I had not enough money for it to invest. The OTC price is keeping ok during this bear market.

[Ging]

Hello i always thought that Neo is a highly promising coin some even consider it as the next etheruem and therefore NEX the exchange dedicated to to neo will be the next etherdelta and i saw the Nex was reted as Very high in icodrops.

[trader4fun]

How do you differ scam projects? Recently, for every second project, someone writes a "scam". At the same time, a bunch of popular projects like Savedroid collect millions and disappear.

There are a lot of criteria by which you can check scam projects. These are economic factors, the team, code, and more. If you are new to this, you can hardly figure it out right away.

So you can choose the project, analyze it, and then compare with reports of famous experts.

But there are no guarantees that the report was not made for money. So you should look at reports from different experts and compare their opinions and yours. You can have a table where you will virtually “invest” in projects and then watch roi. In the future, with success, you can start a real investment.

[cemetin54]

Nex is a great project with a lot of hype ,with a few of team member who are part of City of Zion( an independent group of open source developers, designers and translators formed to support the NEO core and ecosystem).Only reason they don't reach the hard cap 25 milions $ ,is because they have a lottery for token sale .

[sockpuppet1911]

So is there a safe exchange to buy at the moment? I'd rather not go with otc given the high probability of getting scammed.

[tmskcimen]

Remember NEX didnt sold out.  and lastly You cannot say that it is a NEO killer app since Neo and Nex are different from each other. Neo is a blockchain while Nex is an exchange based on Neo Platform. See the difference?

[Itsaskaaaam]

How do you differ scam projects? Recently, for every second project, someone writes a "scam". At the same time, a bunch of popular projects like Savedroid collect millions and disappear.

There are a lot of criteria by which you can check scam projects. These are economic factors, the team, code, and more. If you are new to this, you can hardly figure it out right away.

So you can choose the project, analyze it, and then compare with reports of famous experts.

But there are no guarantees that the report was not made for money. So you should look at reports from different experts and compare their opinions and yours. You can have a table where you will virtually “invest” in projects and then watch roi. In the future, with success, you can start a real investment.

You can also see the statistics of project scores for all top experts. For example, it's quite conveniently on http://topexperts.io. If the individual estimates fall out - it's a reason to think.

[codemanX]

Unfortunately, there is currently no reasonably reputable exchange where you can buy NEX after Aphelion has closed its doors. Now the only reasonably safe way is to buy OTC in a reputable group on Telegram like House of Escrow. Don't use a possible scam exchanges like Tokok, if somebody wouldn't take the risk to buy OTC, just wait for an better exchange.

Can you vouch for the House of Escrow? I wouldn't recommend anybody to buy OTC. NEX will most likely be live until the end of the year, if not it will be live Q1 2019. And they will have listed NEX token. Just buy it there.

I am more and more sure that NEX is something that the space needs. A great product delivered could help the bear turn into a bull we are all waiting for.

Of course I can't vouch for House of Escrow, but it's used very often and seems to be legit, but there's also restrictive risk for sure.

Remember NEX didnt sold out.   and lastly You cannot say that it is a NEO killer app since Neo and Nex are different from each other. Neo is a blockchain while Nex is an exchange based on Neo Platform. See the difference?

It was impossible to sell out because of how they designed the ICO. With "first come first serve" in the second round there wouldn't have been a single token left.

[matico]

It is nice to see Neo based token and decentralized exchange been pushed on Neo platform. The more of decentraluzed application we have the more the market of cryptocurrency expand and reach more people which will lead to adoption eventually!

[Perunex]

Unfortunately, there is currently no reasonably reputable exchange where you can buy NEX after Aphelion has closed its doors. Now the only reasonably safe way is to buy OTC in a reputable group on Telegram like House of Escrow. Don't use a possible scam exchanges like Tokok, if somebody wouldn't take the risk to buy OTC, just wait for an better exchange.

Can you vouch for the House of Escrow? I wouldn't recommend anybody to buy OTC. NEX will most likely be live until the end of the year, if not it will be live Q1 2019. And they will have listed NEX token. Just buy it there.

I am more and more sure that NEX is something that the space needs. A great product delivered could help the bear turn into a bull we are all waiting for.

Of course I can't vouch for House of Escrow, but it's used very often and seems to be legit, but there's also restrictive risk for sure.

So, I assume you haven't used it yourself? I wouldn't trust it than. I also received a random telegram PM, that I should be careful and not to use House of Escrow.
IMO, the incentive for scams OTC is just too high to have a trustworthy OTC. One big scam and you are good to go. Without any consequences whatsoever. Why would than anybody work for the "small" fees and solve problems?

[asriloni]

How do you differ scam projects? Recently, for every second project, someone writes a "scam". At the same time, a bunch of popular projects like Savedroid collect millions and disappear.

There are a lot of criteria by which you can check scam projects. These are economic factors, the team, code, and more. If you are new to this, you can hardly figure it out right away.

So you can choose the project, analyze it, and then compare with reports of famous experts.

But there are no guarantees that the report was not made for money. So you should look at reports from different experts and compare their opinions and yours. You can have a table where you will virtually “invest” in projects and then watch roi. In the future, with success, you can start a real investment.

You can also see the statistics of project scores for all top experts. For example, it's quite conveniently on http://topexperts.io. If the individual estimates fall out - it's a reason to think.

lol seriously? The project can't even be trusted because it can be manipulated. Did you never think about this possibility? I would never try to believe any scores that will be published a platform. It's too risky.
Did you see how much price of NEO right now? It represents the demand for NEX.

[codemanX]

Unfortunately, there is currently no reasonably reputable exchange where you can buy NEX after Aphelion has closed its doors. Now the only reasonably safe way is to buy OTC in a reputable group on Telegram like House of Escrow. Don't use a possible scam exchanges like Tokok, if somebody wouldn't take the risk to buy OTC, just wait for an better exchange.

Can you vouch for the House of Escrow? I wouldn't recommend anybody to buy OTC. NEX will most likely be live until the end of the year, if not it will be live Q1 2019. And they will have listed NEX token. Just buy it there.

I am more and more sure that NEX is something that the space needs. A great product delivered could help the bear turn into a bull we are all waiting for.

Of course I can't vouch for House of Escrow, but it's used very often and seems to be legit, but there's also restrictive risk for sure.

So, I assume you haven't used it yourself? I wouldn't trust it than. I also received a random telegram PM, that I should be careful and not to use House of Escrow.
IMO, the incentive for scams OTC is just too high to have a trustworthy OTC. One big scam and you are good to go. Without any consequences whatsoever. Why would than anybody work for the "small" fees and solve problems?

Not me personally, but a colleague of mine who's sitting next to me has already used House of Escrow without any problem. He used it because it's the recommended OTC group in the (unofficial) NEX Telegram Group "NEON Exchange".
Of course that's not a 100% guarantee and I agree with you, it's risky, but if I were to buy NEX now it would be my preferred option, and I would start with small amounts of course.
To wait for a legit exchange is the secure way - the worst thing that could happen would be a significantly higher price then.
Everybody has to decide for themselves.