ITEX Token Review: Hybrid Exchange to the rescue

olamidey (40)in #crypto • 5 years ago

It's about a decade now since blockchain was first created by Satoshi Nakamoto, over the years it has witnessed steady growth, blockchain has evolved from a mere cryptocurrency to sophisticated ecosystems where solutions are generated. The potentials of blockchain are undeniable; that is why we at iTEX strive to ensure blockchain becomes more decentralized, transparent and reliable. Over the years many promising blockchain projects have been swept under the carpet while those that are trying to stay afloat, are yet to achieve their full potentials, this is an unfortunate development.

There was a time when there was a rush for cryptocurrency investment; everybody wanted to own a cryptocurrency token, people wanted to profit from the next “digital gold,” cryptocurrency exchanges use to be big with lots of resources invested in them. Sadly the story has changed. People have loose trust in blockchain, I wouldn't blame them, because most of these investors have fallen victim of scam blockchain companies and exchanges. Companies failed to fulfill their promises; exchanges are being hacked. Investors have lost millions of dollars, and it will take a miracle to build back this trust in blockchain. Innovating Trading Exchange (iTEX) is ready to take a bold step of securing the future of the young blockchain market, by bringing back trust through a fair, secured, transparent and a healthy environment.

What itex offers
We have taken the first step by building a team of experts who are experienced and knowledgeable about how the crypto market works. Second we have taken time to do thorough research about the market and the challenges it is facing and has resolved to offer a perfect solution. It will be a fairy tale if we say we can offer solution to the blockchain problems because there are thousands of cryptocurrencies out there. Hence we are willing to partner with as many cryptocurrencies as possible to create a lasting solution. We can't vouch for the entire blockchain industry, but we are certain that our exchange will be a reliable place where cryptocurrency can be traded efficiently and with trust. iTEX stands for decentralization and frowns at any form of manipulation.

Token Information
There has not been a successful utility token, which is why we plan to set up a beneficial token that can set up a revolution in the crypto world. iTEX is going to be a stand out utility token. It is built using the ERC-20 model under the Ethereum platform. The token is going to serve as a currency both within and outside the iTEX ecosystem. The value of the currency will not be manipulated; instead, it will be influenced by the community members.
Holders of iTEX automatically become decision makers and have voting rights. If holders freeze their tokens, they will be able to participate in the system of free distribution. The token also places vital roles in the exchange since it will be easy to interchange with other cryptocurrencies.