DAEX

Pros

• Market penetration: DAEX aims to utilize an existing service, instead of creating a new one. by collaborating with centralized exchanges, DAEX might be able to swiftly penetrate the market and capture a sizeable market share. The project has already established alliances with strategic partners such as the Qtum foundation, and is currently in discussions with several high-volume exchanges.
• Project potential: The project’s targeted market is the cryptocurrencies trading industry. A huge market where its current value has exceeded 400 Billion USD (by market cap). To date, given the drawbacks of distributed exchanges in terms of liquidity, user experience and transaction execution time, they cannot address the market need properly. The DAEX ecosystem aims to provide strong liquidity, high-security level, transparency and a relatively trustless environment, and therefore, may possess a significant competitive advantage over these exchanges.
• Team: The team consists of professionals with rich experience in the fintech realm, and especially in the field of clearing and payment. Alongside the core team, the project has a strong advisory board and partners, which bring essential experience.