Ok what a hard time for crypto fellows last couple months
![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
, how you guys doing right now ?
Today i will give you some more interesting information regarding next generation crypto exchange which is i believe it gonna be huge in the future.
Legolas Exchange (
LGO )
Totaly Supply : 210mil tokens , Circulating : 109 mil
Current trading for 0.35$ , Marketcap : 38.5 million dollars
For now it only available on IDEX , more info about exchange listing soon...
Website :
https://legolas.exchange/#topReddit :
https://www.reddit.com/r/LegolasExchange/Discord :
https://t.co/InPg3z2WeD?amp=1A video of Legolas Vision :
https://www.youtube.com/watch?v=bQnfETX0egIBenefits of an Hybrid Solution:https://medium.com/legolas-exchange/legolas-exchange-benefits-of-an-hybrid-solution-ed6ad5234a0dWith its novel
hybrid protocol, Legolas Exchange is the
first viable crypto-exchange platform. Based on blockchain technology, Legolas offers a premium Hybrid Exchange that incorporates a decentralized ledger within its proprietary centralized platform bringing large scale crypto trading to a level of quality and transparency that has never been seen yet.
Legolas creates a new decentralized blockchain protocol that guarantees full transparency and prevents front-running and market manipulation.
Also the thing make Legolas unique is its
Hybrid exchange model
Legolas combines features of both
centralized and
decentralized architectures in order to exploit the best of both worlds:
fiat support, strong authentication, simplicity, as well as transparency and fairness.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.ibb.co%2FfBT3A7%2Flgo.jpg&t=665&c=MiUZbve_w4Vh8w)
Large Fiat Transactions AllowedTheir partnership with
Makor ensures scalable, reliable, fast and secure large fiat deposits and withdrawals.
Makor Group (
http://www.makor-capital.com)
https://www.prnewswire.com/news-releases/makor-group-and-legolas-exchange-announce-new-partnership-aimed-at-providing-institutional-investors-with-the-first-secured-and-compliant-platform-to-buy-and-manage-cryptocurrencies-657448353.htmlThe Makor group is an international brokerage firm established in 2011 to provide financial securities research and execution to institutional investors in cash equities, fixed income, derivatives and FX.
With offices in New York, Chicago, London, Paris, Geneva, Gibraltar, Tel Aviv and Singapore, and over 100 group employees, Makor offers its clients 24-hour global trading providing a single point of contact for more than 90 execution venues in cash equities only.
At the moment they are looking for a major partner like Makor in Asia to expand their market
Below is an Interview With LegoLas exchange CEO Frédéric Montagnon in Korea
https://www.youtube.com/watch?v=iKWlf9j6ipo&feature=youtu.beUsability of the $LGO TokenBecause every transaction fee on Legolas Exchange is paid in $LGO, tokens are bought at every transaction that happens on the network. Hence there is a continuous demand for the token on the platform, which means a constant liquidity for $LGO holders who could sell their coins very easily — if they wanted!
$LGO tokens are required for every user of Legolas Exchange to place orders and trade on the exchange, as all transaction fees are paid with $LGOs.
At any transaction,
25% of the transaction fee paid in $LGO is
destroyed, diminishing the $LGO supply with time ...
By destroying 25% of the fees that are paid on Legolas Exchange, each transaction will lead to a reduction of the total supply of tokens
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
But ... but what if the supply Goes to ZERO
![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
?? Lol it not gonna happen
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
You can read more about this here : ( Thanks to Khil0ne for his article )
https://medium.com/@khilonecrypto/why-to-buy-lgo-tokens-2c9cf5e0fecaComparison between Legolas with other exchanges :
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.ibb.co%2FmBiBV7%2Flgo2.jpg&t=665&c=9jUY7g2DMt9AtA)
According their Roadmap Beta for Legolas will be on end of Q1 2018 , platform release launches on Q3 2018
Development of the exchange is progressing on track. We plan to have a beta version at the end of Q1 2018 on which we’ll have large institutions at first. We will gradually open the platform to more users as we go and release newer versions of the exchange. Of course, we will prioritize users who participated in our token sale.
What do guys think about this ? If they pull even a Kucoin move i think the price will goes up alot , leave alone Binance lol
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)