NEX - NEO based token for decentralized exchange :o

[Poink]

This ICO I will be waiting for.


https://neonewstoday.com/development/city-zion-announce-neon-meta-exchange-nex/

Canesin, founder of City of Zion, announced in the latest CoZ weekly development report a new project called Neon Meta Exchange (NEX).

Neon Meta Exchange (NEX), is a decentralized exchange project, founded by four CoZ Council members – Canesin (Founder of CoZ), Ethan (Neon wallet creator), Luciano (NeoScan creator) and Fabian (fabwa).

From the update –

    “NEX platform is built on a completely new protocol developed within the NEO ecosytem, utilising the best features NEO platform has to offer. NEX will consist of a reference exchange application, which will make it easy for developers building exchanges and payment services, to integrate with the NEX protocol. This project will possess a high level of innovation, building upon research done by Erik, on superconductive exchange technology.

    NEO Council will be investing in the token sale of the NEX utility token that will occur at the end of this year, or at the beginning of 2018. In order to execute this token sale, we will be developing a brand new token sale system, that will be open-sourced with a MIT license, and donated to CoZ. This token sale system will include frontend, backend, and smart contract implementations.”

City of Zion are also working on publishing joint research articles with Loopring on developing cross chain protocols, with the goal of allowing execution of ERC20 and NEP5 token trades, across LRC and NEX.

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[ticterine]

Great idea. Most exchanges have to be compliant with government regulations and NEO has that built in.

[CrypticGambit]

This ICO I will be waiting for.


https://neonewstoday.com/development/city-zion-announce-neon-meta-exchange-nex/

Canesin, founder of City of Zion, announced in the latest CoZ weekly development report a new project called Neon Meta Exchange (NEX).

Neon Meta Exchange (NEX), is a decentralized exchange project, founded by four CoZ Council members – Canesin (Founder of CoZ), Ethan (Neon wallet creator), Luciano (NeoScan creator) and Fabian (fabwa).

From the update –

    “NEX platform is built on a completely new protocol developed within the NEO ecosytem, utilising the best features NEO platform has to offer. NEX will consist of a reference exchange application, which will make it easy for developers building exchanges and payment services, to integrate with the NEX protocol. This project will possess a high level of innovation, building upon research done by Erik, on superconductive exchange technology.

    NEO Council will be investing in the token sale of the NEX utility token that will occur at the end of this year, or at the beginning of 2018. In order to execute this token sale, we will be developing a brand new token sale system, that will be open-sourced with a MIT license, and donated to CoZ. This token sale system will include frontend, backend, and smart contract implementations.”

City of Zion are also working on publishing joint research articles with Loopring on developing cross chain protocols, with the goal of allowing execution of ERC20 and NEP5 token trades, across LRC and NEX.

Very good news for NEO holders and also for those who participated in the last NEO ICO. I love the idea, City of Zion can definitely deliver their product I hope they will not make ICO out of this. This will be like etherdelta for neo tokens and ERC 20 on eth!! If they manage to do this it will be soo huge! I think I am going to hold my Red Pulse tokens for like a year or more, when this platform goes live everything will change and the centralized exchanges will lose so much!

[Gecko8]

mmhh, but currently etherdelta I do not see necessarily as a huge success model. I almost get the feeling, good tokens should not get on it, to avoid to die. But will be interesting to see how this project is going to evolve. Thanks for sharing

[Heye]

the article also mentions that
 ''Another big reveal was that the NEX token sale will be the first to use the token sale legal framework, developed by the NEO Council. The token sale legal framework is a highly anticipated milestone within the NEO community which will allow organisations to run ICOs that are legally compliant."

sounds like a good news right?

[bosses]

This is a very good news project on the blockchain neo is a great chance to make a good profit for us

[axiline]

Really a very interesting project, are there any updates and news?

[Argoo]

Very good news for crypto currency. The NEX platform is a very good solution in addition to the existing crypto currency market. We need a different approach and different solutions to the challenges facing the crypto currency. This, in general, will raise the prestige and demand for the crypto currency.

[askmecrypto]

After the success of $RPX, NEX could be the next, however, it is not as hyped as RPX was.
I will be waiting for the release of ANN thread for NEX so that could get in touch with the team and get to know more about the project.

One of the most important reason for RPX hype was having Da HongFei as one of the company advisor, don't know who all from NEO will be supporting NEX.

[AiloveYouks21]

With this will make the neo cheaper price. Time to buy

[tsaroz]

I believe the platform would be even better investment than neo.
We are still to see any professional decentralized exchange we can trust on.

[jlanzago]

I think NEX could be huge indeed, good decentralized exchanges are needed in any blockchain and would be paramount for NEO's growth in the future.

[Pixie.Star*]

This is wonderful news! So much future potential for NEO. Waiting on the details! This could be huge!

[5ensei]

This will move NEO to move up alongside ethereum, but perhaps with less scammy ICOs. NEO should be hitting 3 figures next year, especially with big news like this and I'm sure there will be more to follow.

[Gaius Cryptus Tradius]

I thought Red Pulse was the first and only token from NEO; is this a new one and is it worth investing maybe?

[CryptoHunter911]

Good for NEO it will hit triple figures soon.Fingers crossed.
Aphellion is another good project building on NEO.

[jmseigneur]

Aphellion is another good project building on NEO.

Not sure Aphelion ICO is so trustworthy after reading this https://www.reddit.com/r/NEO/comments/7c35ks/aphelion_is_probably_a_money_dump/

[Provizor-071]

can the expected news on the NEO account directly related to the NEX?

https://neonexchange.org/

[WalkerIVIV]

Why so many projects based on the neo platform try to build the similar platform, nex will be the same as aphellion in my opinion. There is no innovation on it. The fact that neo platform is not very good as those people said.

[Provizor-071]

I do not know ... you know well the technical side of NEX and its differences from NEO, can you explain?