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Tom from 0x here. Happy to answer any questions about Launch Kit or 0x more broadly!
How do you overcome the inevitable "I don't trust an exchange that was launched within minutes by an amateur" stigma?
Hardly a week goes by without a couple of new ones starting. Surely we must have more than enough by now?
1. Technology
2. Regulatory
3. Trust
4. Critical mass
This looks like it only address 1. Which is certainly a big hurdle but I would have loved to seen something explaining how to get 2 - 4 done.
From some of the answers bellow:
> You don't have to trust! 0x Exchanges are non-custodial
That's great. There should be a writeup on that front and center of the how and why.
Tom from 0x here. Happy to answer any questions about Launch Kit or 0x more broadly!
This looks great but I'm not sure if the title is accurate. For most of the world the barrier to running an exchange is four fold: 1. Technology 2. Regulatory 3. Trust 4. Critical mass This looks like it only address 1. Which is certainly a big hurdle but I would have loved to seen something explaining how to get 2 - 4 done. From some of the answers bellow: > You don't have to trust! 0x Exchanges are non-custodial Th…
0. Doesn't actually solve any real problem for actual humans in the first place.
As a entrepreneur: Exchange services is very difficult to differentiate. It’s a commodity service. Why should I invest in marketing to promote my new exchange?
As a customer: Why should I buy tokens? - Most of existing tokens have not active project behind - Many times the token is useless for the project and it will not increase in value if project succeed (just see ZRX token. It’s down -76% from 52wk high while your team is working actively on the project. Why investors have to buy tokens?
Is it pronounced “ox”, “zerox” or “zero x”? :)
Tom from 0x here. Happy to answer any questions about Launch Kit or 0x more broadly!
After reading the Why page, I still don't have a concrete notion of what this is. So I'll jab a few questions that might help me make some sense:
First question is about decentralization. What is off-chain relay in this case? Is that a centralized part of the system? Are there centralized parts of the system?
Can this be used to implement more robust margin trading? To my knowledge, only centralized exchanges/brokers currently exist for margin trading.
What settlement speeds can be expected?
That's it for the questions. I don't want to retract from them, but I'll mention that the site doesn't work well with Dark Reader: all theme generation modes, except static, render most of the text invisible.
Is it pronounced “ox”, “zerox” or “zero x”? :)