ASLA is a decentralized exchange based on blockchain and smart agreements.

 

Who wouldn’t say that, and blockchain technology is gaining momentum day by day, impressing us with the field of application. With that, there is no need to do any research, everything, so, can be seen in a variety of ideas and projects that seek to realize this potential in certain areas of our lives. However, projects related to the cryptocurrency exchange market to Fiat and vice versa, still remain the majority. And all because the topic of high-quality crypto transfers is still very relevant and in demand throughout the world.

Despite the fact that the cryptocurrency market is now to make it somewhat not in the best possible light, its technological tools are still growing. Show us new solutions, existing networks, and new approaches to many standard interaction conditions.

In addition, they do not know exactly how to get this asset, where is the best to store it and more. That together leads to one big question mark, how to learn and attract active audiences in this market segment, as well as to show them the best quality of all available cryptocurrency exchanges. With such requests it began its journey, a new cryptocurrency platform called – #ASLAdex

About the project

#ASLAdex is a decentralized digital currency trading platform. Such exchanges include trading one digital money for another, buying and selling coins, and trading fiat cash into crypto. This is a little like long distance trading, where fiat monetary standards from around the world are exchanged 24 hours a day. The amount of cryptographic money has exploded in recent years and evaluations recommend that there are more than 2,000 present today. Many of these coins must be obtained using significant digital currencies, for example, Bitcoin or Ethereum. In line with this, you might need to make an exchange if you need to add initial coin contributions (ICO,), or utilize the administration of the blockchain organization.

One of the advantages of crypto exchange is that you can be included without mining coins yourself – a procedure that requires investment, vitality, special abilities, and lots of great processing power. Important to the intrigue and usefulness of Bitcoin and various other forms of digital money is the blockchain innovation, which is used to store records online from a large number of exchanges that have been led, in this way providing the information structure for these records is very safe and is shared and completed by all individual hub systems , or the PC stores duplicate records. Every new box created must be checked by each hub before being confirmed, making it practically difficult to produce a chronic exchange.

ASLA is a decentralized exchange stage based on blockchain and smart agreements. The whole stage is driven by its local token called the ASLA token. The token holder will win day to day profits from the stage turnover. An outstanding differentiator from the ASLA project is its adaptability. The stage is being arranged in such a way that it is as enticing and useful for beginners as it is for the specialists in the crypto exchange room. The stage has a multi-faceted perspective with four items. It combines, ASLAtrade, ASLAdex, ASLAgames, and ASLAmessenger.

ASLAtrade products

The ASLA platform is equipped with two amazingly basic and open crypto devices, making it the ideal open door for beginners and non-beginners. However, he also encourages the exchange function which is also related to specialist exchanges. Holding companies with exceptional agreements, ASLAtrade also offers a first-rate information guarantee.

In addition, this project also has extraordinary hazard reduction techniques. Every one of the clients needs to do when exchanging on ASLAtrade is to place a bet – high or low, and after that just sit tight for the results.

ASLAgames. Blockchain games are a hot pattern in today’s computer gaming space. The idea is fun, safe, and useful. The game stage ASLAproject ASLAgames is very easy to use. You simply join and play various games that can be accessed. When you play on the network, ASLAgames gives you valuable benefits. Before the year is over, ASLA will include games such as billiards, chess, solitaire, durak, lotto, and more.

ASLAdex. is a decentralized stage of computerized money exchange that underpins ASLAtrade. Although it offers fast and top security, it generously cancels exchange procedures through an easy-to-use interface. In addition, ASLAdex is also very good for the hoarding of computerized resources.

This platform has just completed an organization with an unmistakable name in the crypto space including TRON, TRXplorer, Wist Company, and PoliniDex. Recently, it entered into an association agreement with an online store called Boxgadget. With this, clients will have the option to buy from Boxgadget using TRX and ASLA coins. Most will agree that this organization is a significant progress in directing the acceptance of standard crypto.

currently we are completing the main phases of the stage progress and will begin to expand its use.

Download and install on your mobile device

https://play.google.com/store/apps/details?id=vip.mytokenpocket

https://apps.apple.com/ru/app/tokenpocket/id1436028697

Download and introduce one of the TRON purses recommended by TronWallet or Tronlink by utilizing the connection below. Currently, portable versions of the TronLink and TronWallet wallets can be accessed, such as the work area form of the addition of TronWallet and TronLink to the Google Chrome internet browser.

It’s no secret that one of the most important conditions for a good exchange is the trading system, without which, in principle, it is impossible to implement half the standard functions. In addition, ASLA has surpassed all of its competitors and has sophisticated interface features, thanks to traders who can finally manage the trading process, as well as market volume without exceeding their physical and mental abilities.

#ASLA #ASLAgame #ASLAtrade #poloniex #cryptocurrency #tokens #binance #yobit #trading #gaming

Conclusion

Considering all of the above, in the end I just want to add one thing. The ASLA platform is a very interesting manifestation of many non-standard ideas, applications that are ready to revolutionize the entire crypto-eye space. And the qualitative revolution, improves many typical functions, and is familiar with all tools. While broadcasting a new look at an established approach.

But to be, as they say, on the same wave with extraordinary progress and ideas, you need to get acquainted with the ASLA project in more detail.

To do this, I have specifically prepared all the official and social resources needed from the project. You will find a lot of useful information, which unfortunately I didn’t even have time to mention.

For more information visit the official ASLA Exchange Sources below:

Website: https://aslaproject.com

Whitepaper: https://aslaproject.com/public/white-paper-en.pdf

Telegram: https://t.me/ASLAproject

Twitter: https://twitter.com/ASLAproject

YouTube: https://www.youtube.com/channel/UCbQNErXj9gFgVCqjb5qiENA

Facebook: https://www.facebook.com/ASLAproject-103824224487730/

Medium: https://medium.com/@aslaproject01

Reddit: https://www.reddit.com/user/ASLA_Project

ANN: https://bitcointalk.org/index.php?topic=5260219

Author

Forum Username: masterrex

Forum Profile link: https://bitcointalk.org/index.php?action=profile;u=1147963

wallet address: TSyuMDw3eRue5s2ip89DVsS1YmmgGHoKLg

Euclideum - A PoS network featuring delegated staking, sharding, and a liquidity protocol

 Introduction to Euclideum

Two years after Vitalik Buterin announced the Serenity project at Devcon in 2018, Ethereum 2.0 remains a project, not a reality. The launch of the new, scalable Proof-of-Stake network has been delayed many times. Numerous testnets - Schlesi, Witti, Atona and now Medalla - are all steps in the right direction, but the goal remains distant. The launch of Phase 0 is now scheduled for December 2020 or January 2021, but it's likely to get delayed once again.

Meanwhile, the pressure on the Ethereum network keeps mounting and we are seeing more and more lags and freezes and increases in fees. From just $0.05 per transaction, the miners fee has grown to $1.5. Ethereum isn't the fast and near-free means of payment that it once claimed to be.

The Euclideum project is a result of the efforts of a group of developers to solve these problems as fast as possible. Waiting for another year or two or more for a more scalable version of Ethereum isn't a practicable solution.

Euclideum is a version of the Ethereum blockchain that features Proof-of-Stake consensus and delegated staking. The name of the cryptocurrency itself is Euclid. Launching a node will require a smaller stake than in Ethereum (30 ECL vs 32 ETH). Users who don't want to bother with a node will be able to delegate their ECL coins to one of their choice and receive a share in the rewards, like with Cosmos or Tezos.

At launch, the expected processing capacity of the Euclideum blockchain is circa lOOtps, with an average block time of 10 seconds. Already at this stage, transactions will take 2-3 times less time to process than on Ethereum.

Euclideum will also introduce sharding on a testnet soon after launch, with 4 initial shards. Splitting the blockchain into substates is a good scaling solution, and it can potentially increase the capacity to 10,000 tps or more. However, a testing period is required before sharding is rolled out on the mainnet.

Euclideum also has its own liquidity protocol, Ptolemy, and a decentralized exchange (DEX) under the name of ArchimeDEX. The exchange will support ECL, ETH, ETC, ERC20 assets, and all the assets created on the Euclideum blockchain. ArchimeDEX will feature direct asset swaps to minimize fees and adjustable fees to ensure that all transactions go through.

Euclideum coins will be distributed in a large scale airdrop after a snapshot of the Ethereum network, scheduled for August 27, 2020. Every ETH holder is entitled to 3 free ECL coins for each 1 ETH they store in their wallet. The snapshot will show how many ECL every user should be airdropped. Holders don't need to give up their ETH to get ECL, though: the distribution is completely free.

At first ECL will be distributed as an ERC20 token. When the blockchain is launched, ECL holders will be able to swap

Apart from the airdrop, users will have several ways to obtain free ECL coins. They can participate in the marketing bounty campaign, bug bounty, referral program, or a voluntary KYC.

Euclideum can be used for creating decentralized applications (dApps) and smart contracts, just like Ethereum. Developers who build dApps for Euclideum will receive special grants. Moreover, any smart contract deployed on the blockchain will be entitled to a free audit.

The rest of this White Paper deals first with individual features and innovations of Euclideum and then with the Euclid cryptocurrency, its emission and distribution.

/Euclideum The blockchain, protocols, and features

***PoS: fast and cheap transactions

Specific issues to be solved:

network lags and freezes, high fees, pending transactions, blocks without rewards.

Ethereum's scaling problems became particularly evident in June and July 2020, when the network experienced widespread congestion and lags, with a record rise in transaction fees. The reason was extreme congestion of the Ethereum mempool, with more than 100,000 pending transactions.

The main 'gas-guzzlers' - projects that account for most network activity - are stablecoins like USDT (Tether) and USDC (USD Coin). Their market capitalization spiked as a result of the coronavirus pandemic, because they are seen as a safe investment.

On June 6 and 7, the total amount of fees paid by ETH users was almost twice higher than the cumulative fees in the Bitcoin network. The average transaction fee jumped to $1.5.

Historically, the way to manage congestion has been to increase the gas limit per block. This allows miners to process more transactions every second. In September 2019, the limit was raised to 10,000,000 gas, but by June 2020 it was clearly not enough. In late June, Ethereum miners voted to raise the limit to 12,500,000 gas. This increased the capacity from 35 tps to 44 tps, and the average fee went down for a while. However, just a month later, the network was at its limit again.

Increasing the gas limit is only a temporary solution, and the only problem it solves is the high transaction fee. But it can't be a long-term option - in fact, it creates new issues of its own. Blocks become bigger and take longer to mine. As a result, there are now many more 'uncle' or orphan blocks that eventually aren't added to the chain and don't receive a reward. Moreover, nodes can get overloaded and some nodes with a lower processing capacity might even be forced to stop mining altogether.

The only real solution to the problem is Proof-of-Stake, but Ethereum won't be able to switch from PoW to PoS in the next 6 months at least, as we've already noted. Meanwhile, fees will keep getting higher and the network will keep lagging.

The team of Euclideum made the decision to launch the network as a PoS blockchain from the start in order to demonstrate that it does work - and that it doesn't require years to test and launch. The expected processing capacity at launch is circa 100 tps, which is more than twice than Ethereum's present speed.

*** ECL staking

Specific issues to be solved:

Constant delays in the transition to Ethereum 2.0 and PoS staking; high entry barrier; irreversibility of staking; lack of delegation possibility.

Euclideum is a Proof-of-Stake network from the start. In 2019 and 2020, the team has modified and tested all the major PoS models proposed by Ethereum developers. Thanks to this, there is no need for a lengthy transition period from PoW to PoS, as it is happening with Ethereum.

At launch, Euclideum will already have several validator nodes run by the team. Users can immediately start staking and start their own nodes. To become a validator, one needs only 30 ECL as opposed to 32 ETH on Ethereum. The expected annual profit from staking is 8-10%, with the initial yield being 6.5% (as opposed to 5.6% on Ethereum).

Reversible staking ^■

Another important difference between staking on Ethereum and Euclideum is that ECL validators will be to withdraw their stakes as early as 3 months after the network release. In Ethereum, the staking transaction will be irreversible until the launch of Phase 2.

Since nobody knows how long it will take for Phase 2 to be ready, validators essentially commit their ETH to staking indefinitely. This means they will miss out on any potential speculative profits if the price of ETH rises sharply in the meantime.

In Euclideum validators will be able to withdraw the staked ECL without any penalty and without losing the accumulated rewards. This is in line with all other staking coins, such as Tezos and Cosmos. This way, when the price of ECL starts to go up, one can release the staked coins and sell them to maximize the overall profit.

Delegated (passive) staking

Ethereum 2.0 will allow only active staking - that is, the user has to run a validator node to earn rewards. However, one needs good technical experience and understanding of the technology to manage a node. Most probably, a lot of investment platforms will also arise to allow people to stake passively. But they will all be custodial and trusted by default, because one can't algorithmically delegate ETH to a node the way one does it with Cosmos, for example. Exchanges like Binance will probably start their staking services, but they won't be transparent, and opportunities for fraud will be rife.

Euclideum already includes the possibility to delegate ECL to a node and earn passive rewards. This possibility will not be activated in the original release, but rather 6 months after launch. But that time, there should be enough user-run nodes in addition to the original set of nodes managed by the founding team.

Nodes will be able to set the desired fee - the share of the reward they will keep for themselves. We expect that passive delegators will earn a default rate of 4.5%-8% a year, which is on par with the rate paid by Tezos and other major PoS coins.

For nodes, delegated staking is an advantage, because it increases their stake and their chances to get selected to validate a block. A node that manages to attract more delegators will earn more on average. Thus, delegation will create additional incentives for users to start new nodes.

Slashing

Validators can be fined for acting against the interests of the network. This is done through cutting (slashing) their stake. The most common example is being offline for more than 50% of the time in 24 hours. The slashing penalty in this case is very small, and only the validator is affected: the delegators who stake on the same node won't lose anything.

However, validators can lose much more (from 1 ECL to the whole stake) if they act maliciously. In this case, their delegators will also be slashed, though by a smaller amount. The idea is that delegators should exercise caution when choosing a node to stake on.

/ Ways to earn free ECL

Marketing bounty campaign

Users can earn free euclids for helping to promote the project both before and after launch. Different bounty rewards will be paid for various types of assignments:

Social media: posting tweets and Facebook messages or reposting those published in the official accounts of the project;

Articles and reviews: informative content published in blogs, on news websites, review platforms etc.;

Video reviews on YouTube;

Forums: posting messages about the project and wearing a

Euclideum signature.

The most active users, or those who produce top-quality content, can earn significant amounts of ECL - enough to delegate the coins to a validator node and receive staking rewards, for example.

Bug bounty

This campaign is directed at developers: the idea is to find vulnerabilities in the source code and smart contracts of Euclideum, including the DEX and wallet. The prizes are much higher than in the marketing campaign (up to 10 ECL per bug). To participate, submit a request through the Euclidium website to receive further instructions.

Voluntary KYC

The KYC is very basic and completely voluntary. It doesn't affect users' ability to access the platform and its features. In the future, users who have passed the KYC may be offered advanced services that aren't available other users for compliance reasons, such as investments in tokenized stocks and commodities on the DEX.

Every user who passes the KYC will receive 10 ECL as a reward. These 10 ECL can be allocated towards delegated staking to generate rewards.

Referral program

As mentioned before, every ETH address is entitled to free ECL coins. However, one needs to claim them through the ArchimeDEX exchange and Plato wallet. The goal of the referral campaign is to reach more ether holders and make them aware of the airdrop.

When a user claims their ECL, they will receive a personal referral link to send to other people they know who have ETH accounts. If some of them also claim free airdrop euclids, the referrer will receive a bonus: 5% of all ECL claimed. By inviting several people, it's quite possible to accumulate 5 ECL or more in referral rewards, which can be used towards delegated staking or as part of the 30 ECL stake necessary to launch a new validator node.

Website & Media

Website: https://euclideum.com/

Whitepaper: https://euclideum.com/whitepaper.pdf

Twitter: https://twitter.com/euclideum

Facebook: https://facebook.com/euclideum

Medium: https://medium.com/@Euclideum

Telegram Channel: https://t.me/euclideum

Telegram Chat: https://t.me/euclideum_chat

Contact euclideum

contact@euclideum.com

author:

Bitcointalk usename: katakuripham

Injective Protocol Future of Exchange - Most Secure Trading Platform on the Market

I- Injective Protocol Future of Exchange

The injective protocol is a crucial "evidence" of Injective. it's an open protocol that supports the event of open derivatives markets. it's also the world's first fully decentralized P2P futures and perpetual swap contracts exchange, which supports simple access to numerous markets.

According to the team, compared with other products of the identical type, Injective is that the fastest, fully decentralized derivatives trading platform without gas fees within the Defi market.

Based on the Injective chain, Injective's trading platform has also achieved a completely open-source design, which allows it to be a totally decentralized network.

It also provides a market-maker friendly API interface, which is near the present mainstream exchange interface, allowing the user experience to be like that of a centralized exchange. Additionally, within the management.

• Internet finance and the digital age

Needless to mention, the exchange medium and platform are of top importance throughout the financial history. The medium has went from shells, stones, and metals to paper and now digital numbers to our eyes. The platform has evolved from the physical markets to the electronic stock trading systems and exchanges and more. Digitalization and "internetization" are the new focuses.

within the past decade, since Satoshi Nakamoto invented Bitcoin, the exchange medium and platform have again shifted from centralization to decentralization. After the ICO hypes in 2017, the tokenization of assets has grew popular and now towards better maturity. At the identical time, various digital asset trading and exchange platforms also utilize blockchain technology to attain decentralization, hinting a promising future for internet finance and exchange as a function itself.

• In this century, human civilizations have made significant progress in digitizations. In just two decades, the internet has gone through three ages: the age of the portal, the age of search/social, and the age of the internet. The continuous development of the internet has altered and revolutionized the ways that humans think, behave, and interact.

• Now as "data" continues to evolve as it gets produced, stored, organized, and utilized on higher levels, we start to see a new system with new rules slowly penetrating and seizing our world, that more justice, fairness, value accruals, and distributions have been demanded by all.

• Given the above, that is why we are witnessing the "decentralization" of matters taking place and being facilitated more passionately than ever by the general populace.

• ow as things and people get connected and integrated into an "unseen network," the characteristics of blockchain decentralization or however you call it, have become extremely incentivizing for people to act and innovate upon.

Specifically, works have been done on all layers of the internet from, again, data productions, storage, to applications (dApps), and of course along with all the innovations come with innovative business models and even "token economies."

Among the diverse applications of blockchain technologies, Defi, or decentralized finance has been one of the most hyped recently given the room of imagination and schemes like liquidity mining.

Traditionally even though we did see the boom of internet finance in the past years ranging from payments, crowdfunding, neo-banks, P2P lending and more, however, non has provided the current anticipation of "evolution" but instead just "iteration," as they did not change the rules and systems.

• ow as things and people get connected and integrated into an "unseen network," the characteristics of blockchain decentralization or however you call it, have become extremely incentivizing for people to act and innovate upon.

• Specifically, works have been done on all layers of the internet from, again, data productions, storage, to applications (dApps), and of course along with all the innovations come with innovative business models and even "token economies."

• Among the diverse applications of blockchain technologies, Defi, or decentralized finance has been one of the most hyped recently given the room of imagination and schemes like liquidity mining.

• Traditionally even though we did see the boom of internet finance in the past years ranging from payments, crowdfunding, neo-banks, P2P lending and more, however, non has provided the current anticipation of "evolution" but instead just "iteration," as they did not change the rules and systems.

• development and current status of traditional exchanges.

• An exchange is a trading platform with diverse products, which provides price discovery and liquidity for traded products. Technological advancements have facilitated and effected also the business model and infrastructure of the exchanges.

• Not many people stand in offline market places and shout out the prices of their goods to attract buyers nowadays, but try to get their goods sold through electronic trading systems. In terms of the business model, most exchanges in Europe and the United States have gone from membership-based to form for-profit companies.

• As the hub of financial activities, the development of exchanges is heavily affected by regulatory policies. However, as technology develops, regulations loosen, and business competitions carry on, Alternative Trading System has emerged since 1990 in the US Multilateral Trading Facility, adding flexibility and diversity to the financial world.

• progress of exchanges based on blockchain technology.

• With the application of blockchain technology in asset tokenization and the trading of it, many digital asset exchanges have emerged, such as Binance, Coinbase, Bitmex, etc. These well-known exchanges are also classified as centralized exchanges in the blockchain and digital asset industry.

• Centralized exchanges, as the name suggests, means that the assets deposited by the users are stored in the hands of the exchange owners, and matching of trades and even prices of products are subject to centralized controls operated on centralized servers. In other words, we, as users, do everything on the platform based on our trust in the team and institution running it.

• In comparison, the essence of decentralized exchanges is to allow users assets to be under decentralized custody, with every transaction record stored on the blockchain giving transparency and traceability. Simply put, this whole decentralization is meant to prevent malicious human behaviors and to facilitate users to trust in codes and technology instead of other human beings. Let's probe further in details.

• Decentralized Exchange utility works.

• With the advancement of blockchain technology and the emergence of more public blockchains, there are now a variety of decentralized exchanges. DEXes are different because of the diverse public blockchains they are based on and their respective concepts and technologies. Here we only discuss the decentralized exchanges about the general traits.

• One of the key aspects of decentralized exchanges is that the exchange accounts equate to smart contract accounts. In brief, storing assets on DEX is to store them in smart contracts which is to store them in codes, and in codes you trust.

• Generally, most DEXes will only ask for registration some even require KYC, and it has been criticized for a platform to call itself a DEX whilst asking for KYC and to deposit, withdraw, and trade:

• Deposit

• you deposit by transferring your assets into the smart contract address assigned to you by the platform.

• Withdraw

• withdraw from anywhere directly from the smart contract address.

• Trading

• your asset is transferred from the smart contract address directly to that of your counterparty. This transfer can be checked on the blockchain through the blockchain browser, and the entire transfer process relies on the smart contract's automatic execution by codes.

• DEXes can be further divided into two focuses: spot and derivative markets. Most of the DEXes in existence focuses on the spot markets, and are not many derivatives DEXes given the complexity of financial designs development workloads.

• However it has become palpably clear that derivatives markets have grown exponentially in the digital asset domain, and we are already seeing the next

• boom coming from derivatives trading. Few strong contenders that have emerged in 2020 include Injective Protocol, DerivaDEX, and Serum. Here let's explore Injective Protocol, which will be launched in August.

• To resolve common issues faced by DEXes such as user-friendliness, speed, and more, the Injective Protocol proposes a global solution: Injective chain, Injective derivatives protocol, and Injective DEX.

II- Partner of Injective Protocol 

1. Injective Protocol Announces Strategic Partnership with WOOTRADE

Injective Protocol is officially announcing this strategic cooperation with the dark pool, WOOTRADE. Through cooperation in the implementation of liquidity management, the design of crypto asset derivative products and markets, and international corporate brand development, both sides will work together to create a breakthrough in the DEX space by growing user acquisition.

WOOTRADE was incubated by Kronos Research, a leading quantitative investment research institution, and is funded by distributed capital from DFund, SNZ, Hashkey, as well as vector capital investment. The dark pool has a team with extensive experience in trading crypto assets and secondary assets. The top institutional trader has the technical expertise to manage high-level crypto market derivative products. Injective Protocol’s derivatives protocol and technology-driven ecology can provide institutional traders, such as Kronos Research, with the ideal environment and conditions for the swiftest, most fair and safe service of markets and products.

Injective Protocol is a decentralized peer-to-peer protocol that aims to enable fast and secure perpetual swaps, futures, leverage and spot transactions on Ethereum. To facilitate this, WOOTRADE will provide a transaction depth of 100 BTC with a spread of 0.05%. This liquidity stems from the in-depth aggregation of major exchanges, and the support of quantitative investment research institution Kronos Research for market-making strategies. Kronos has a daily transaction volume of $1 billion. In order to provide sufficient liquidity, WOOTRADE will also provide a low rate of 0% for connected exchanges, which saves hedge costs for exchanges. All in all, this collaborative effort will lead to a paradigm shift in the DeFi world.

2.Injective Protocol Announces a Strategic Partnership with Krypital Group

We are pleased to officially announce Krypital Group as a strategic partner of Injective Protocol!

As one of our early-stage strategic investors, we are deeply grateful to Krypital Group for their multi-dimensional support for the development of our project. Krypital Group will deliver a series of tailor-made global marketing campaigns, which aim to solidify the global reputation of Injective Protocol as well as maximizing the impacts of all upcoming operational and marketing strategies.

Through this strategic alliance, we will continue to unveil plans for events, promotions and other marketing plans in the future. We are excited to share more updates with our community as we make our way to bring our dream of fully decentralized derivatives DEX to you.

Krypital Group is a leading global blockchain incubator and venture capital. Focused on venture funding, one-stop consulting and brand management services, Krypital Group supports dedicated projects with great potentials.

To know more about the Krypital Group, please visit their official website here: http://krypital.com/

3. Pantera Capital Leads $2.6M Seed Round for DEX Protocol Injective

Injective Protocol, a decentralized derivatives exchange protocol incubated by Binance Labs, has raised $2.6 million in a seed funding round.

• Led by Pantera Capital, the round also saw Asia-based QCP Soteria, Axia8 Ventures and Boxone Ventures, Bitlink Capital and others participate, Injective announced Wednesday.
• Injective Protocol sets out to resolve scalability issues and bottlenecks that can mar the user experience on decentralized exchanges (DEXs).
• The project was one of eight inducted into the Binance Labs Incubation Program in 2018, with the mission to resolve some of the shortcomings DEXs face, such as high latency and poor liquidity.
• Aside from the seed investment, the group of investors will also provide liquidity solutions for Injective and support its business developments and global brand recognition, according to the press release.
• Pantera Capital partner Paul Veradittakit said the investment firm led the round because of its belief that Injective is a “strong contender” for expanding decentralized finance (DeFi) beyond Ethereum’s platform.
• The funding comes as the protocol prepares for a mainnet launch and a new token to be issued in the latter half of 2020.
• 
  

• Official Website: https://injectiveprotocol.com
• Whitepaper Link: https://docsend.com/view/zdj4n2d
• Github: https://github.com/InjectiveLabs
• Reddit: https://www.reddit.com/r/injective/
• Twitter: https://www.twitter.com/@InjectiveLabs
• Telegram: https://t.me/joininjective
• Linkedin: https://www.linkedin.com/company/injective-protocol/

Usename bitcointalk: lethingocthuy686868

MEW: 0xc19A0C710c1f57b930C82350d5A200a1C48f62de