RavenDex Pushes Cardano Towards Dominance in the Crypto World

in #blockchain2 years ago


Opportunities and idealists investors and believers, traders and hodlers The world of crypto is filled with a variety of participants and players. Though they have different motives, they are all connected to one common structure of the sector: the exchange. At the start, you were aware that Cardano could be among the most successful projects in the crypto world. We are committed to creating an easy to utilize DEX (decentralized exchange) that is able to serve many different users and investors, and plans to help the development of Ada (ADA) tokens. RavenDex has been hard at work , trying to get all the required certifications to ensure compliance. We will begin selling tokens in Q4of 2018."
Cardano is looking to expand its platforms and applications to further its innovation. RavenDex is a crucial step in the right direction towards that. With RavenDex it is possible for any company to create an individual DEX (DEX) application using the Cardano blockchain. This will make for an easier experience for traders, investors and anyone who wants to get their feet wet in this emerging market.

With the coming release of RavenDex (Q4 2018, 2018) we're getting closer to offering you a better method to exchange ADA tokens. We're very excited to share more information about this amazing new product! After a great beta stage that saw over 700 trades as well as thousands of transactions we're now ready to move on to the next stage. With a emphasis on security and compliance now is the time to announce the sale of our tokens in the fourth quarter. This means that we'll be launching the Token Generation Event (TGE) within a matter of months!
RavenDex is looking to expand its platforms and applications to further the pace of innovation. RavenDex is an essential step in the right direction towards this. With RavenDex any company is now able to develop its own DEX application built on the Cardano blockchain.

What exactly is RavenDex?


RavenDex is an exchange decentralized that allows users to trade in cryptocurrency with confidence and security in a safe method. The trading through RavenDex will be conducted using the $RAVE token, a token that was launched in the Cardano Blockchain and funded through our ongoing ICO. RavenDex's ambition is to be an important player in the market for cryptocurrency. The platform plans to accomplish this goal by becoming a decentralized exchange which integrates with a variety of blockchains.

RavenDex will utilize RAVE for our main currency of trade and will permit cross-chain transactions between any of the currencies available on this platform which allows users to change between them easily. The goal is to become the most frequently used Ethereum DEX, but we are planning to switch to other platforms when it is possible in order to improve the number of users we can serve.

To make use of RavenDex it is necessary to sign up for an account using your name, or an alias name for your account. It can be anything like your Coinbase username right down to a username that you have created if you prefer to keep it private. Once you've set up your account you'll be able to transfer funds into it to begin trading. However, Coinbase does have an exclusion statement regarding the deposit feature: It is important to note that deposits aren't refundable and cannot be refunded in any way.

Future Goals for RavenDex

RavenDex is aiming to be the most advanced decentralized platform with a secure and reliable structure, supported by a team of experts in various areas. Our goal is to ensure that our customers experience the most efficient trading experience every time and to ensure they are completely satisfied with our service . This platform adheres to the most stringent standards of transparency and security and aims to create an environment that is free of charges and speedy transactions.

Operations in RavenDex

Users can trade Ethereum as well as ERC20 tokens. Users can also invest, lend or get dividends from their holdings of tokens. Trading is offered through both decentralized and central exchanges, which ensure the lowest trading costs. RavenDex makes use of Cardano Blockchain for its transactions. Cardano is among the more secure and reliable blockchains available on the marketplace, and is renowned for its flexibility and its security features that are extremely high. RavenDex lets users safely store and trade their tokens on an mobile device or a desktop computer.
With RavenDex it is possible to enjoy all of these things while remaining on a single platform. The platform is sure through the combination of decades of experience and know-how in the fields of finance, technology , and fintech, we will be able to meet our objectives and produce an incredible product that will please our users to no end.

Raven's goal is to develop the first decentralized cryptocurrency exchange that is focused on NFTs. This allows you to trade items instantly and avoiding the loss of funds as a result of fraud or identity theft which are typical of central exchanges. Raven lets peer-to peer trading between sellers and buyers around the globe with complete support for KYC/AML.

RavenDex $RAVE has announced the launch of their cryptocurrency RavenDex ($RAVE) on the Ethereum mainnet. The company aims to be an intangible, non-fungible (NFT) platform for exchange which will serve to pay for transactions on RavenDex.io and the other NFT exchanges.

RavenDex users who use $RAVE must have at minimum 30,000 $RAVE tokens in their wallets, and stake a minimum $50 ADA. In contrast to other coins that have experienced similar increases of value Ravencoin users who have stakes are mostly avoiding the market.

With nearly 9 million dollars of ADA stored in staking wallets, should even a tiny fraction of the holders chose to invest their coins and earn rewards, it would push the price of the coin up. The users are able to take their ADA after having staked at least the required amount of time for six months. In addition, holders will be able to receive quarterly cash rewards via Ravendex tokens ($RAVE). The tokens of Ravendex can be used to buy items on the platform , or traded to the market to earn a profits.

The Roadmap

Q3 . 2021 . 2021.
﹡RavenDex Project Announced
﹡Site Creation
﹡Inscribing Rave Token onto The Cardano Blockchain
﹡White Paper Creation and Release
﹡Sensitization and Awareness Campaign
﹡Launch Telegram Group, Twitter and Reddit Communities
﹡Tokenomics Release
Q4 . 2021
﹡Ravendex Swap Demo
﹡Early adopters get the first tokens.
﹡Token Distribution (No Vesting)
﹡Staking Platform Development
﹡Listing on the Exchange
﹡Ravendex ISPO
Q1 . 2022
﹡Ravendex Testnet Version
﹡2nd Exchange Listing
﹡Ravendex Swap Development
﹡Listing of DEX
﹡NFT Staking Development
﹡3rd Exchange Listing
﹡Staking Platform Release
﹡Ravendex Swap Development Progress Update
﹡Ravendex NFT Staking

Encompassing ecosystem powered by CNTs and CFTs

Since the introduction of blockchain technologies, numerous solutions to current problems have been proposed, however they're all project-specific and all come with criticisms that are difficult to address. Ravendex is one of the first decentralised exchanges that are multi-purpose in the Cardano Ecosystem that is not solely project-specific, but instead an all-encompassing ecosystem powered by CNTs and CFTs. It is the best of all, it will come with a set of tools to manage and trade your digital assets in conjunction with the native cryptocurrency of Cardano, ADA.

Be optimistic that the prospects for digital wallets are bright. Many more people will be converting into the Ravendex platform over the next few years, with new features being added to enhance security and ease of use. We've only identified a handful of important aspects in this whitepaper however there are many other features that are being designed to improve the user experience. Both merchants and customers are likely to gain from these developments. It will be fascinating as to how and when this new concept grows.

In today's world-wide financial markets it's crucial to stay ahead of the latest technologies and developments that will aid your business in its success. This article you'll find out more about RAVENDEX, the digital cryptocurrency platform created to facilitate quick and simple cryptocurrency trading.

The Future Approach

The concept used by Ravendex has completely changed the order book model of old. Anyone could contribute funds into the pool of liquidity to take part in the market making. Blockchain technology has directly lowered the monopoly threshold imposed by elites from traditional finance "traditional finance" world. This trend will not stop DeFi is the new norm and the future design of cryptocurrency exchange as a derivative and spot is ultimately pointing towards DEX. In the age of global financial markets, it is important to stay ahead of the curve with new technologies and innovations that can help your business succeed. In this article, you will learn more about RAVENDEX, an algorithmic cryptocurrency trading platform that is designed for quick and easy crypto trading.

Website : https://ravendex.io/
Telegram : https://t.me/RaversNest
ANN : https://bitcointalk.org/index.php?topic=5393948.0
Twitter : https://twitter.com/ravendexlabs
Github : https://github.com/Ravendexlabs

Content Creator
BCT User ID- Phil2018
BCT Profile- https://bitcointalk.org/index.php?action=profile;u=2106197;sa=summary

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