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Author Topic: [ANN] JOYSO Hybrid-Decentralized Exchange (HEX) is now available on imToken 2.0!  (Read 1607 times)
dev.samal84
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March 07, 2018, 08:58:12 PM
 #221


That is my point too, checking authenticity of ICO is extremely important as we never know whether the dev team behind the scene is really doing their jobs or just making up things to grab easy money from investors

Well it will be very difficult to do teh due diligenece. Most of the coins are listed within couple of weeks of completion of ICO. So fundamentally not much progress will be made by the ICO team to justify if the ICO is a real one or a scam.
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dev.samal84
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March 07, 2018, 09:06:18 PM
 #222

Hi Team, what is Ropsten Test Network ? What is the benefit to migrate to that network.

There are below networks in Ethereum platform:
1. Main Ethereum Network (which we use)
2. Ropsten Test Network (a test network, PoW, supported by Geth and Parity, 8.5 GB Chain size)
3. Kovan Test Network (a test network, PoS, supported by Parity, 2.5 GB Chain size)
4. Rinkeby Test Network (a test network, PoS, supported by Geth, 2.3 GB Chain size)

Hope this helps. Smiley
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March 08, 2018, 03:49:09 AM
 #223

What are your future business plans to enhance user experience?

JOYSO focuses on the exchange-service between ETH and tokens.  What about other points of services among the exchanging and investment of an user? 


Wow, you are certainly in a hurry Cheesy

I think that its nice for JOYSO to focus on exchanges, rather than combining everything in a package at once.  Once they make it into the top rankings of the exchange industry, it will not be difficult for them to find partners.
True. All we need is volumes. If we are able to list a few good ICOs apart from existing ERC20 tokens we'll be good to go. A few good ICOs will pull considerable volumes.
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March 08, 2018, 03:50:56 AM
 #224

JOY is deemed a utility token. Utility token I understand? what Deemed utility token means?

There are two types of tokens, utility and security tokens but it seems SEC does not like security tokens then utility tokens is now widely chosen and growing up soon. You can search Google to get more sense of these tokens.

Thanks I that know. Actually I taken the word deemed in other way
But SEC now wants the exchanges and securities to register with them which is believed to be one of the reasons of last week's slump. Lets see how it goes
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March 08, 2018, 03:53:46 AM
 #225


That is my point too, checking authenticity of ICO is extremely important as we never know whether the dev team behind the scene is really doing their jobs or just making up things to grab easy money from investors

Well it will be very difficult to do teh due diligenece. Most of the coins are listed within couple of weeks of completion of ICO. So fundamentally not much progress will be made by the ICO team to justify if the ICO is a real one or a scam.
I think the due diligence should start while the ICO is on. When bounty management companies like amazix can do it, so can JOYSO. A few things like verified team, github, active users on communities, MVP could be starters. One can build their own parameters to judge the credibility
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March 08, 2018, 03:55:48 AM
 #226

One good thing that I see with Joyso is that it us address.g disaster management steps. While so.many ICOs put a disclaimer to handle this subject, Joyso has put a complete plan in place for withdrawal from blockchain in case of disaster.

Can you shed some light on this aspect? I have gone through the whitepaper but couldn't find much information regarding the disaster management steps.
For an exchange, getting hacked is a disaster. Read the part of whitepaper where they mention how JOYSO will be secured. Just like what binance did yesterday. Check here...https://support.binance.com/hc/en-us/articles/360001547431
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March 08, 2018, 03:57:56 AM
 #227

when will token list on exchange?
dev.samal84
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March 08, 2018, 05:09:39 AM
 #228

when will token list on exchange?


Tokens will list on multiple exchanges after the ICO is over. However, it will be too early for the dev team to comment before a formal communication form the exchange which happens couple of weeks after the ICO.
dev.samal84
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March 08, 2018, 05:13:33 AM
 #229

Please correct me if I am misunderstood this. Actually I love this feature if it is done right: Users have the ability to cancel transactions up until they are matched and can even lock the smart contract themselves. Does this mean HEX will give traders a set of time to change their mind, e.g. 10s

Like any CEX or DEX, you will be able to cancel an order till it is executed. The extra feature is that you can suspend your order by locking the smart contract wherein it will not cancel the order but just won't execute the trade. There is no significance of adding a set time for it.
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March 08, 2018, 09:15:50 AM
 #230

Please correct me if I am misunderstood this. Actually I love this feature if it is done right: Users have the ability to cancel transactions up until they are matched and can even lock the smart contract themselves. Does this mean HEX will give traders a set of time to change their mind, e.g. 10s

Like any CEX or DEX, you will be able to cancel an order till it is executed. The extra feature is that you can suspend your order by locking the smart contract wherein it will not cancel the order but just won't execute the trade. There is no significance of adding a set time for it.

Oh, I see. So at least we have a peace of mind for trading too. Thanks

Mr. Tinh Tran is among top 15 Global ICO Experts on ICOBench
dev.samal84
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March 08, 2018, 05:16:03 PM
 #231

Please correct me if I am misunderstood this. Actually I love this feature if it is done right: Users have the ability to cancel transactions up until they are matched and can even lock the smart contract themselves. Does this mean HEX will give traders a set of time to change their mind, e.g. 10s

Like any CEX or DEX, you will be able to cancel an order till it is executed. The extra feature is that you can suspend your order by locking the smart contract wherein it will not cancel the order but just won't execute the trade. There is no significance of adding a set time for it.

Oh, I see. So at least we have a peace of mind for trading too. Thanks

Yes.. HEX is more or less similar (or at least claim to be) to CEX but without the central application controlling your funds. So JOYSO is a great option which seem to be a true HEX to me.
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March 08, 2018, 05:18:13 PM
 #232

One good thing that I see with Joyso is that it us address.g disaster management steps. While so.many ICOs put a disclaimer to handle this subject, Joyso has put a complete plan in place for withdrawal from blockchain in case of disaster.

Can you shed some light on this aspect? I have gone through the whitepaper but couldn't find much information regarding the disaster management steps.
For an exchange, getting hacked is a disaster. Read the part of whitepaper where they mention how JOYSO will be secured. Just like what binance did yesterday. Check here...https://support.binance.com/hc/en-us/articles/360001547431

I don't think JOYSO will be functioning on the similar lines to that of Binance. Please remember that Binance controls your fund, so they might have (or at least claim so) stopped the withdrawal. JOYSO secures the funds in a completely different manner.
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March 08, 2018, 05:21:22 PM
 #233

Guys...if you need any help in how to purchase JOYSO tokens using MEW then please refer to the below video created by the team.
https://m.youtube.com/watch?v=0gxBH-baclk

Hope it helps.
dev.samal84
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March 08, 2018, 05:23:47 PM
 #234

I have one query though..
Will JOYSO share the revenue earned from trading commission with its token holders? I guess a few of the bigger exchanges do share a part of it. Can the dev team confirm?
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March 09, 2018, 04:08:05 AM
 #235

I have one query though..
Will JOYSO share the revenue earned from trading commission with its token holders? I guess a few of the bigger exchanges do share a part of it. Can the dev team confirm?

I have the same concern, thanks for raising it  Wink

Mr. Tinh Tran is among top 15 Global ICO Experts on ICOBench
dev.samal84
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March 09, 2018, 01:09:21 PM
 #236

I have one query though..
Will JOYSO share the revenue earned from trading commission with its token holders? I guess a few of the bigger exchanges do share a part of it. Can the dev team confirm?

I have the same concern, thanks for raising it  Wink

Well I initially thought there is a revenue sharing but nothing as such is mentioned in their WhitePaper. So i think it may not be the case. Else they would have definitely mentioned this significant aspect.
dev.samal84
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March 09, 2018, 05:29:58 PM
 #237

JOY is deemed a utility token. Utility token I understand? what Deemed utility token means?

There are two types of tokens, utility and security tokens but it seems SEC does not like security tokens then utility tokens is now widely chosen and growing up soon. You can search Google to get more sense of these tokens.

Thanks I that know. Actually I taken the word deemed in other way
But SEC now wants the exchanges and securities to register with them which is believed to be one of the reasons of last week's slump. Lets see how it goes

Yes...They issued subpoena to some of them. That means even though they are not forced to register, they don't want to be at the loggerheads with SEC.
Though there is a slump now, it is a good thing for future.
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March 10, 2018, 09:21:59 AM
 #238

Aside from funding the project, what other major uses do your token have?
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March 10, 2018, 10:08:33 AM
 #239

Actually, I have some ETH in my wallet, and I'm considering to buy other tokens to diversify my holding.
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March 11, 2018, 10:27:51 AM
 #240

how joyso covers the distribution of 10ETH to 17 winners
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