A new exchange is coming from FRANCE!! Legolas Exchange.
link : https://legolas.exchange/
So, what's so special bout this new exchange. Before that we need to see what's the problem right now.
- Lack of liquidity is pushing volatility
- Lack of regulations engender market manipulation
- Current exchanges are lacking in security for investor funds
"New exchanges such as Legolas, are adopting a hybrid solution that incorporates a decentralized ledger within a centralized structure. Legolas’ approach is different from the setup of current exchanges, which is mostly centralized to leave room for market manipulation. A hybrid exchange will neutralize front-running in cryptocurrency trades and ensure transparency, inalterability, and temporality of the order book to provide all market participants a level playing field."
(https://finance.yahoo.com/news/3-problems-exchanges-must-solve-084523299.html)
And these are the strenth points i think that legolas has.
A. Security
This is on their web. And i was like LEDGER??? The COLD WALLET LEDGER??? I think this is a big yes
extensive experience designing reliably secure systems and our strategic partnership with Ledger ensure state of the art safeguards for crypto assets.
B. Hybrid model
C. Great team
Long story short I feel this is the 2nd generation exchange platform. I hope this will be a game changer.
The ICO round 2 starts just in 10 hours.
I think this will be my first attending ICO.
To the moon everyone. tothemoon.
ICO bench rating : 3.9
https://icobench.com/ico/legolas-exchange
PS. THE MAYBE DOWNSIDE!
LGO only accepts BTC for participation. That's kinda odd isn't it? I'm not making FUD or anything. trying to solve it.
Legolas said that the meaning of BTC is kinda simple. People make mistakes participating with myetherwallet, metamask etc
using BTC will be simple for the beginners to join. Simple as that. Come to think about it lots of people could just send ETH from there exchange :(
And BTC addressing could be a simple method.
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