DEXAGE — A Multi-tier Decentralized Exchange and P2P Lending Marketplace
Every area of life is been influenced by cryptocurrencies. From payments to banking to insurance to marketing, to transport, to social media, to communication, to exchange and all the way down to online dating. It is no doubt that cryptocurrencies are making businesses more efficient and society better through decentralization. Decentralization was and still is a key motive behind the creation, evolution and usage of cryptocurrencies. This concept simply implies the total elimination of any middleman that may have existed in traditional ways of business. But this is not fully achieved if the platforms and processes involved in exchanging these cryptocurrencies are still controlled by central authorities or group of individuals (middlemen). This pressing problem is the aim of DEXAGE.
What is DEXAGE?
DexAge is a project put together by a group of some of the best crypto minds driven by the concept of decentralization and the love for transparency. Today, majority of cryptocurrency exchanges are centralized. Simply saying, they provide exchange services for decentralized protocols like bitcoin but user account wallets are controlled from a central point. This makes them vulnerable and a very easy and occasional target for hackers.
Dexage aims to pragmatically disrupt the cryptocurrency exchange marketplace into a permissionless decentralized ecosystem whose intrinsic value is derivable from the nexus of people using the network. The project aims to totally eliminate middlemen in the crypto exchanges process and restore full control back to the users. This is why it is tagged the ‘No 1 USER-CENTRIC Decentralized Escrow Exchange and P2P Lending Marketplace’.
The DEXAGE Platform
Most exchanges are horribly scrambled together by few developers which is always a problem not ignoring the usual problem of liquidity also. Dexage plans to raise the standard with a top-notch robust platform design driven towards global mass adoption and liquidity for exchanging cryptocurrencies. The Dexage platform aims to be an anonymous decentralized P2P exchange and trading platform whose governance structure is orchestrated by the network of users, traders and investors. The business model tends to enable decentralized exchange of digital assets with P2P crypto-fiat trading, leveraging on the social connect. Dexage platform would also be designed to enable stakeholders to acquire, drive and participate in the success of the DXG token.
Features and benefits of DEXAGE
Decentralized Exchange; total user control of wallet and private keys when trading on the Dexage platform.
Crypto acquisition; one of the main features of Dexage is to enable seamless P2P crypto to crypto exchange between buyers and sellers.
P2P escrow trading; crypto to crypto and crypto to fiat exchange occurs peer to peer with traders been matched through the matching engine.
P2P lending; taking care of finances by taking loans and leveraging on users crypto collateral. The lender gets interest on loan while the borrower gets cash.
Staking; clients, investors and users can stake their DXG token and get rewarded for doing so.
Dexage dApp; Dexage makes instant messaging go with instant cash. The platform would enable users send DXG tokens and more by merely using a chat function.
Portfolio diversification; with the simple click of a mouse, user can acquire crypto coin to diversify their portfolio allowing users to specify the % of their funds allocated to each coin.
Voting and governance; Dexage will return power to the people by enabling them vote their favourite tokens to be listed on the Dexage exchange platform.
Profit sharing; Dexage will use 30% 0f revenue generated to reward those who engage in staking their DXG tokens.
Referral scheme; Dexage will also reward users for inviting investors and trader to use the Dexage platform.
Conclusion
Judging by its utility, roadmap, scarcity in supply, considering that all rewards would be done with the DXG token and competent team behind this project and for a crypto enthusiast who is keen on the concept of decentralization, Dexage promises to disrupt the global crypto exchange ecosystem. The DXG token airdrop is scheduled to begin on 10th of October, 2018. This would be immediately followed by presale and four stages of crowd sale.
Links
Official website: www.dexage.io
twitter: @dexagetech
Telegram: t.me/dexage
Facebook Page: https://web.facebook.com/dexagetech/
Reddit: https://old.reddit.com/user/dexagetech
Youtube Channel: https://www.youtube.com/channel/UC8E50dMj-cXE2GHw6e3ZiAw?view_as=subscriber
Medium: https://medium.com/@dexagetech
