We are building a fully decentralized token exchange on the Ethereum blockchain. Where you can trade between Ethereum, any Ethereum token and soon any cryptocurrency in a fully decentralized and on-chain manner.
Cryptocurrencies such as bitcoin might be overhyped, but the underlying blockchain technology is definitely not. Ethereum is the second most popular blockchain, that not only allows for transfer of value like Bitcoin, but it also allows us to write code that can be run fully decentralized!
Early on in 2017 we asked ourselves “Why are we using centralized services to trade decentralized assets?”. Especially when the technology allows us to create better solutions.
There are a few that use this technology. But they do not do it in a fully decentralized manner. They take huge shortcuts to avoid solving big technical challenges that make them more centralized than they should be.
We want to build the world’s first 100% fully decentralized exchange by challenging the big problems head on.
Plans for the future
We have already overcome our first obstacle which resulted in our core technology. We are looking at a launch for this in Q1 2019.
But we do not stop there. We have big plans for scaling our technology to millions of users and adding support for all cryptocurrencies.
We are a team of 5 MSc Computer Science students from NTNU in Norway that are dedicated to solve the biggest challenges in blockchain and finance. We believe that the blockchain space have become too bloated with low-effort and scammy business that are only out for a quick buck. We are changing this by focusing on technological research and development so that we can create disruptive products that actually improves blockchain technology and makes a real change.