A fork of Bitshares by the most famous Bitshares evangelist
icoage.io is one of the most famous ICO platforms in the whole world, and it has helped a lot of blockchain projects get fund through ICO, including TENX, STATUS, EOS, OMISEGO,YOYOW, etc.
The founder of icoage.io and chainb.com, James Gong, has just announced that they are initiating a new decentralized exchange project founded by themselves---Cybex, and will start an ICO late July. James Gong is one of the earliest Bitshares evangelists who introduced bitshares(called protoshares at that time) into China.
According to the introduction on http://cybex.io/ , cybex is also a Graphene based decentralized exchange, it will aim to liquidize the tokens from all the ICO projects on icoage, more specifically, it is a forked version of Bitshares DEX. It will have all features of Bitshares---smartcoin, UIA, witness, commitee, etc.. Also, it is said that they will probably move to EOS after the launch of EOS.
Should we welcome Cybex?
It's kind of ironical that the earliest Bitshares evangelist abandoned bitshares but to initiate a brand new DEX. People might think that a fork of Bitshares will hurt Bitshares itself and wonder why he doesn't use Bitshares.
James explained that due to that Bitshares have been highly decentralized, it's very difficult to push any change on Bitshares. For example, the bottom layer bitshares wallet haven't been updated for more than one year. Decentralization means low efficiency---similar case as to Bitcoin. Therefore, they would rather initiate a brand new one, and maintain it in the form of half-decentralization.
Personally, I think we should welcome Cyber, even there will be competition between BTS DEX and Cybex.
Firstly, it has enriched the ecosystem of Bitshares/Graphene, icoage.io and chainb.com have over 300,000 registered customers, all of them will know Bitshares via Cybex.
Secondly, Cybex is half decentralized, therefore it will have a more organized group for no matter development or marketing. Their experiments ahead will help Bitshares to evolve somehow, anyway, it is easier for a decentralized organization to turn over, compared with a decentralized organization. If Cybex make a big success, Bitshares will never be forgot, just like the fork of Bitcoin will only add more credit to Bitcoin. However, if Cybex fails, it will prove the mode of Bitshares is more right.
I think Bitshares is like Linux, decentralized but not the best, and Cybex or other forks are like ChromeOS or Android, made by centralized corps and have better features.
I don't take part in Cybex in any way, and my comments only represent myself.