MoonX short review

in ico •  6 years ago  (edited)

MoonX http://www.moon.family/ is a platform of the future for trading crypto assets that is decentralised, and co-owned by the entire MoonX Family. While existing solutions offer to solve just one problem at a time, the MoonX family is up to build a highly secure, useful, & easy-to-use product based on private blockchain. It will include easy cryptocurrency payments integration and even a digital arbitration system.

Claims ambitiously to become the benchmark for the whole Exchange and Fintech industries

Main features:

  • Achieved the fastest matching engine in the nanosecond arena, which performs better than the existing Stock Exchanges and Crypto Exchanges, this was validated by the world leading Fintech and Hardware experts. Details will be published in the technical Whitepaper soon
  • Zero Commission Fees for users and MoonX family members. These are not chargeable once you are part of the Moon family, after all you become one of us just by trading once. There are no listing fees for ICO projects. MoonX’s mission is to promote and help other coins to be traded with more liquidity and freedom.
  • Every user gets Moon Money reward and becomes a Moon Family member with potential profit dividend, decision making and voting rights included. Moon Money is mined by all community members based on the contribution to Moon Family and they eventually benefit from the performance and appreciation of Moon Money.
  • MoonX aims to offer a comprehensive cryptocurrency trading platform with ‘crypto-to-crypto’ and expanding the same to ‘fiat-to-crypto’ trading engines. MoonX will offer clients an ‘end-to-end trading system’ with a buy-side and sell-side hooking back directly into fiat currency system.

MoonX raises $27Mln from BCH Angel Fund, IDG, BITMAIN, Fission Capital (backed by Shenobo of Fenbushi). Other investors include NGC (Neo Global Capital), Node Capital, DHVC, Pre Angel, Linear VC, Du Capital, and 20 more.

Regarding the Roadmap, Testnet will be launched by the end of October, Mainnet in December-January.

Tokenmetrics - TBA

Team

The team is highly qualified in banking, investments and stock trading.
Two founders, Dr. Nithin Palavalli and Tony Lee are General Partners of Cheung Kong China International Capital - a Global Boutique Investment Bank focusing on US, Indian & Israeli Markets.
CTO, Rahi Racharla is the Executive Director in JPMorgan Chase & Co and CEO of Multi Commodity Exchange of India (MCX).
Technologist, Anil Kumar has been working in NASDAQ for 4 years, where he reached a position of Director - Software Engineering.
None of team members has a blockchain experience, but they`re hiring developers.

Advisors

Two advisers, worth to mention:
Allen Zhang, Founder and CEO of Trustlook (global leader in next-generation cybersecurity products based on AI). He is DxChain Founder as well.
Edward Lehman, has worked in China as a legal professional for 30 years, and his practice encompasses all aspects of China Corporate Commercial Law, including Real Estate, Foreign Investment, Intellectual Property protection and enforcement, Corporate Transactions, and more.

Hype
Telegram channel was created on July 4. It didn`t have more than 50 subscribers till July 31. On July 31, ICO Drops put project into their sandbox. After that, subscribers number increased to 2,7 K in next 3 days.
Twitter created on July 27, 4 tweets, 128 followers.
Also there is almost hollow Linkedin with 2 team members.

Why we paid attention to the project:

  1. DEX with very ambitious goals
  2. Strong Team and Advisors with deep experience in banking, investments and trading
  3. $27M raised from BCH Angel Fund, IDG, BITMAIN, Fission Capita, NGC, Node Capital, DHVC, Pre Angel, Linear VC, Du Capital, and 20 more.

Verdict: Keep an eye on. Watch list

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