Hello, crypto investors and enthusiasts. How are you loving the new trends of IEO on the space? IEOs seem to be making waves. In that note, I have been making reviews and researches on Initial Exchange Offering (IEO). After extensive research, I have come to chime with the potentials of The Collective project which is a community development project/company.
The advent of blockchain technology has taken the world by storm. This led to so many adoptions of technologies. This great technology called blockchain technology led to the invention of what we know today as CRYPTOCURRENCY (digital currency). There are many of these currencies out there... The implication of these currencies is that a good CRYPTOCURRENCY is tradeable. That is to say, a CRYPTOCURRENCY is not complete except it can be traded or exchanged for another currency in an exchange.
What is an Exchange?
An exchange just like we have the virtual banks is where a CRYPTOCURRENCY or digital currency is traded in exchange for another currency. There are about two core types of exchanges namely:
- Centralized Exchange
- Decentralized Exchange.
In my next edition, I shall properly explain the different between these two types of exchanges.
The later being the decentralized exchange is the new era of CRYPTOCURRENCY exchanges. It allows users the due ownership of assets. On Decentralized exchanges, digital currencies are at the sole care of the owners. It gives owners the entitlement to manage and have access to their private keys. The implication of this is that, such assets are free from hacks and thefts except in a situation where such hack occurred to the owners private key.
Today, I bring to your table another decentralized exchange in the history of digital currency. A potential project as such with all the enablement to giving users a confidence, conducive and good experience in trading. This exchange is no other than THECOLLECTIVE.
WHAT IS THECOLLECTIVE?
The Collective is a Guernsey based Fintech company which is Within The Collective ecosystem. The Collective company is a community development company that has in it existence of several products, an hybrid cryptocurrency decentralized exchange as such. A fully functioning global decentralized marketplace for Ethereum based tokens.
The collective token is called CDEX token. This token will be used in exchange for services in the platform. That is to say, users may use their Cdex token, to pay up to 20% of the total price of whatever purchase they are making on the platform.
FEATURES OF THECOLLECTIVE EXCHANGE
The collective exchange has brought to its operations some core features relevant to crypto dex trading such as:
CDEX: CDEX is a fully functioning global decentralized marketplace on TheCollective platform for Ethereum based tokens. With Cdex, traders and users will be able to pay up-to 20% of whatever they are buying on the exchange.
Another core feature of the Collective exchange is, TraderOne centralized exchange. TraderOne will be a robust trading platform for trading all different types of digital assets.
The CollectiveGO is another feature of TheCollective exchange which Will be an augmented reality experience powered by our native token, and monetized through various digital currency advertisers.
The Collective Global Initiative. The Collective Global Initiative encompasses all of our core values while providing creative ways to unite the gig economy, establish general best practices for the entire industry, and protect our communities by providing trustworthy outlets for everyone in the crypto space to enjoy.
CDEX TOKEN INFORMATION
CDEX is the native token name of TheCollective. The CDEX token will be used on the platform. The token will serve as exchange for our services, to pay up to 20% of the total price. Users of the exchange will receive a 50% discount on transaction fees for holding the CDEX token. CDEX tokens shall be paid as a 1:1 loyalty reward on trade fees to active traders. All advertising within the game will be paid for using CDEX tokens.
For more information see:
Website: https://www.thecollectivegroup.org/ico/
Facebook: https://www.facebook.com/groups/1176407375842141/
Twitter: https://twitter.com/TheCollectiveGo
LinkedIn: https://www.linkedin.com/company/the-collectivego
Telegram: https://t.me/thecollectivego
BountyOx username: Adaora