In this video, I talk about the following ZRX token brought to you by the OX Project/Protocol.
- This is a protocol. Exchanges can be built on top of this protocol.
- You keep your tokens in your wallet.
- Transfers happen when both sides agree.
- Tokens are taken directly from user wallet.
- ZRX tokens are unmineable and will have token offerings late Q3 to early Q4 of this year.
- Initial cap of 100 million ZRX with 70% of it going towards crowd sale. Rest to to advisors, founding team, and a foundation.
- Tokens will automatically be liquid once crowd say is over. Used to pay transaction fees.
- Obvious benefit: Not having to store your token on an exchange.
You can find more information about this token on the following page:
https://www.0xproject.com/faq