About Neonexchange (NEX)

What is NEX?

 And how is it better than current decentralized exchanges?  NEX combines the NEO blockchain with an off-chain matching engine to enable much faster and more complex trades than existing decentralized exchanges

Features

  • NEX combines the NEO blockchain with an off-chain matching engine to enable complex trades.
  • The NEX payment service enables third-party smart contracts on NEO to send and receive global assets such as NEO and GAS as part of their computation.
  • NEX handles complex order types that aren’t currently available on other decentralized exchanges such as market and limit orders.

Neonexchange (NEX) Roadmap

 

  • Q1 2018

  • Launch of web extension for dApp integration with NEO blockchain and NEX exchange
    Registration, lottery, and KYC for NEX token sale
    Release of an open source framework for conducting such sales, including smart contracts, wallet and extension integration, KYC, and backend website
    Open source framework and template for interaction with NEX banking partner APIs
    Announcement of partnerships

  • Q2 2018

  • Participation for lottery winners in the NEX token sale
    Matching engine launch on NEO TestNet, along with v1 of exchange APIs for testing with our liquidity creation partners (e.g., trading bots)
    Trading interface launch on NEO TestNet: usability research and information gathering from alpha testers
    NEX web extension support for ETH and ERC20 tokens
    Buy and sell NEO, GAS, and RPX through banking partners
    Release of v1 of web extension dApp APIs, for integration on client websites and smart contracts on ETH and NEO (e.g., APIs that allow websites to interact with smart contracts, or request payments in NEO or ETH or constituent tokens from a user)

  • Q3 2018

  • Beginning of trading operations: Matching engine and trading user interface launched onMainNet with support for NEO, ETH, NEP5, and ERC20 tokens
    Cross-chain token conversion support in NEX extension wallet
    Launch of staking contract on NEO for holders of NEX to receive exchange revenue

  • Q4 2018

  • Once required licenses are granted, NEX and other security token trading starts on NEX
    Advanced trading features
    Cross-chain support for trading BTC, LTC, and RPX on NEX