Previously, you need to know DexAge is a Decentralized Exchange platform, enabling P2P crypto to crypto exchange, crypto-fiat trading, P2P lending and chat on DAPP, using a user-centric approach where the whole platform would be driven by social web. As for DexAge's own business model, it utilizes the social relationships that are carried out by users, traders, and investors with the aim of encouraging greater P2P crypto trade, P2P-crypto-Lending, and P2P crypto-fiat trading on platform-based decentralized exchange platforms .
To enable that goal dexage creates a business strategy built on 8 pillars, to enable sustainable infrastructure development, and achieve a symbiosis between DexAge and its stakeholders.
1. Referral scheme - Awards in the form of DXG tokens will be offered to affiliates for each referral that invests or trades on this platform, in order to encourage DexAge's mutual growth with its users.
2. Staking - DexAge proposes blockchain to operate based on proof of ownership (POS) to validate transactions, not proof of work (POW). There will be no blocking prizes, therefore the validator will be rewarded with transaction fees. This will be distributed through evidence of a stake mechanism to the validator when Dexage Launches its new blockchain.
3. Voting and community participation - For the evolution of DexAge to become a Decentralized Autonomous Organization (DAO), users will be able to choose through smart contracts. The implementation of this scheme will be demonstrated during the coin registration process which can be decided by community voting and / or premium lists.
4. Portfolio diversification - Through Dapp, a mouse click will allow our fund manager to diversify their crypto assets. DexAge's innovative algorithmic trading strategy will simplify the process of purchasing various coins while allowing users to determine the percentage of their funds they want to allocate to each coin.
5. Dxg chat dapp - a revolutionary strategy adopted by DexAge that allows users to send and receive DXG tokens while chatting on applications provided by this platform.
6. Crypto acquisition - The main feature of the DexAge web / application is making it easy to exchange crypto between our buyers and sellers. Transactions are automated through smart contracts that eliminate the need for monopoly authorities. Crypto assets obtained from DexAge agents can be used for trading or as collateral for loans.
7. P2p trading - DexAge offers personal wallets without permits that are not controlled by anyone as in other cases of centralized exchanges. Crypto funds obtained from agents can be sent to this wallet and exchanged for P2P trade that is decentralized and without trust. The only role DexAge plays in this phase is to match trade requests from the order book through the DXG machine. However, DexAge can advise users but these suggestions are not a rule of thumb.
8. Crypto asset liquidity - Clients will be able to efficiently convert their crypto assets into cash, and increase the liquidity of DexAge. As in the case of cryptoexchange, crypto-trading, and crypto-lending, this transaction will also be overseen by a decentralized escrow, without DexAge interference in the process.
If you want to find out more about this project, you can visit the link below or you can see it on my previous blog here :
Website : https://dexage.io/
Whitepaper : https://dexage.io/ico/files/white-paper.pdf
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Telegram : https://t.me/dexage
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My Link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1305012
My ETH Addess : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d