Blockchain Startup Project — weiDex, Unstoppable Decentralized Exchange

WeiDex
weiDex
Published in
2 min readMay 3, 2019

A brief overview of the project?

The weiDex team has one mission, they strive to deliver the best services and experience to the traders who use their ecosystem. They are all about the idea that nobody should depend on third-parties because it is better for users to have full control over their assets.

The bigger picture?

WeiDex Foundation’s ultimate aim is to fix the broken blockchain ecosystem on the application layer. The core team decided to start with one of the most fundamental applications for any given network — decentralized exchange. Since 2017, weiDex is working on modular blockchain agnostic DApp Ecosystem for exchanges. It includes not only smart contracts, js wrappers, APIs, but also working DApps for web, desktop, and mobile. These DApps are meant to be blockchain agnostic, device agnostic, with easy and simple interface plus built-in support for decentralized cross-chain exchanges.

What is the business model?

WeiDex is making a profit when the customers successfully make a trade on the platform. Takers are being charged 0.2% per trade and Makers receive 50% of the Taker fee for providing liquidity. WeiDex doesn’t have any other charges like withdrawing or listing fee. (The incentive for the Makers will be live with the updated version of the weiDex smart contracts)

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WeiDex
weiDex
Editor for

weiDex is a Blockchain Agnostic Dapp Ecosystem for exchanges. Our ultimate aim is to fix the broken blockchain ecosystem on the application layer.