by leoplct on 5/29/19, 5:36 PM
Why should I launch an exchange when there are already hundreds of existing exchange?
As a entrepreneur: Exchange services is very difficult to differentiate. It’s a commodity service. Why should I invest in marketing to promote my new exchange?
As a customer: Why should I buy tokens?
- Most of existing tokens have not active project behind
- Many times the token is useless for the project and it will not increase in value if project succeed (just see ZRX token. It’s down -76% from 52wk high while your team is working actively on the project. Why investors have to buy tokens?
by tomhschmidt on 5/29/19, 5:19 PM
Tom from 0x here. Happy to answer any questions about Launch Kit or 0x more broadly!
by joosters on 5/29/19, 8:42 PM
How does this manage to connect the real world to a blockchain? The fundamental problem with the promises of insurance/bonds/stocks/whatever on a blockchain is that it doesn't matter what the blockchain says, people's real-world actions aren't tied to it, so it's not trustless. And so the blockchain part is pointless.
Only if all the related elements are all virtual and on the blockchain can it do anything - so we're stuck with gambling and cryptokitties for real world usage.
by throwaway2016a on 5/29/19, 5:34 PM
This looks great but I'm not sure if the title is accurate. For most of the world the barrier to running an exchange is four fold:
1. Technology
2. Regulatory
3. Trust
4. Critical mass
This looks like it only address 1. Which is certainly a big hurdle but I would have loved to seen something explaining how to get 2 - 4 done.
From some of the answers bellow:
> You don't have to trust! 0x Exchanges are non-custodial
That's great. There should be a writeup on that front and center of the how and why.
by dstick on 5/29/19, 5:28 PM
Is it pronounced “ox”, “zerox” or “zero x”? :)
by afro88 on 5/29/19, 8:59 PM
Forgive the potentially dumb question but I'm pretty green in the crypto and finance spaces. What's the business value here? As in, why has this been funded so heavily? Does 0x take a cut of all trades on 0x powered exchanges and marketplaces? Or is the data that holds the value?
by gregorymichael on 5/29/19, 5:26 PM
Site looks great. Nice design.
by monkeydust on 5/29/19, 6:25 PM
Looks interesting will give it a whirl. At work we have semi-jokingly been discussing idea of a internal currency as a mechanism of getting one team to do work for another when there is no obvious mutual benefit for said work. Its increasingly becoming an issue for us.
by mgraczyk on 5/29/19, 6:15 PM
When 0x was conceived, there were far fewer crytocurrency exchanges than there are today. It aimed to solve a real problem that still exists in some ways.
Since 0x is a blockchain project, it has moved at a snail's pace compared to the multitude of centralized and web-based "decentralized" exchanges that have sprung up since. These newer exchanges have largely solved the needs identified by 0x.
by homakov on 5/29/19, 9:35 PM
Are orders settled onchain? If so, this is too expensive/not scalable. I'm looking forward channel/HTLC based exchanges.
by patricklorio on 5/29/19, 6:44 PM
Given the limitations of 0x, I never thought of it as a good protocol for real-time exchanges (ie Coinbase Pro). For me, it's always fit more into a decentralized Over the Counter (OTC) trading alternative.
by progval on 5/29/19, 9:24 PM
This website takes 50 seconds to load on a modern laptop with an ADSL connection. 7 seconds once it's cached.
by raidicy on 5/29/19, 8:00 PM
All demos crash Chrome Dev Version 76.0.3800.2 (Official Build) dev (64-bit)
by vasilipupkin on 5/29/19, 8:31 PM
great product from technical point of view, no product/market fit.
by LAMike on 5/29/19, 10:23 PM
The next Fortnite could sell VBucks through an exchange like this
by thehazard on 5/29/19, 7:44 PM
0x is seriously the best project in the crypto space right now.
by steveharman on 5/29/19, 5:34 PM
Does the planet _really_ need any more crypto exchanges?
Hardly a week goes by without a couple of new ones starting. Surely we must have more than enough by now?
by hhorsley on 5/29/19, 7:11 PM
Incredibly cool
by detritus on 5/29/19, 5:28 PM
I'd perhaps add something like 'crypto' to the headline - I thought this was a marketplace for physical items, somehow - like a local goods exchange.