Decentralized Platform Dexon Launched by Cobinhood

A crypto exchange Cobinhood has declared about the launch of a decentralized platform Dexon, the project is backed by top-tier venture capital firms
07 June 2018   890

Among the project supporters is San Francisco-headquartered IDG Capital, a company which manages $20 billion worth of assets. As claimed by the firm, Dexon is to be the fastest blockchain available in the market. It is optimistic that such pluses as infinite scalability and low latency will make the platform perfect for the banking industry and other real-world requirements.

Blockchain is still in its early stages, though many industries are looking to implement blockchain and talk constantly about its benefits, it has yet to reach rapid adoption. Factors like speed of transactions have been a crucial inhibitor in allowing this technology to be implemented into the real-world banking ecosystem. The innovation surrounding blocklattice architecture like DEXON will enable use cases such as everyday banking, stock and cryptocurrency exchange, micropayments and other markets.
Popo Chen
Founder, Dexon

In order to reach a higher level of scalability, Dexon is applying block-lattice architecture. In difference with the traditional blockchain technology systems that build encrypted blocks linearly, this structure is based on the multiple blockchain systems that work together in parallel, making it simplier to scale automatically and energy-efficiently.

Because of the growing limitations of the centralized crypto exchanges, many serious blockchain players are now developing their decentralized platforms to overcome the market competition. Major players like Binance and Kyber Networks have earlier ran native decentralized platforms and were joined by a number of market counterparts.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   956

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”