The INJ tоkеn іѕ thе dіgіtаl token thаt wіll bе utіlіzеd bу the Injective рlаtfоrm for vаrіоuѕ utіlіtу purposes. Aѕ it ѕtаndѕ Injective Protocol wіll оffеr several trade орtіоnѕ ѕuсh as Mаrgіn lending, dесеntrаlіzеd Futures, and оthеr ѕеrvісеѕ aimed аt mаxіmіzіng іtѕ functions. This wіll enable the tоkеn tо bесоmе a рublіс utіlіtу token thаt will offer users thе opportunity .

Into the 21st century, human civilizations have made significant progress in digitizations. in only twenty years, the net has undergone three ages: the age of portal the age of search/social and also the age of internet . the continual development of the web has alterned and revolutionized the ways in which humans think, behave, and interact.

It started about 300 years ago during the economic age, people were working endless to extend productivity and efficiency on machines to manufacture from stream engines to automobiles; the key words were production, automation with machines, and efficiency optimization for maximized profitability. Now everything has changed, and also the passing of your time seems to be even faster as we witnessed the iteration of technologies. Humans shift their attentions aloof from basic productions and machiens back to humans themselves; the net connects integrates humans, information, and machines/devices.

• Internet finance.

Now as "data" continues to evolve because it gets produced, stored, organized, and utilized on higher levels, we start to work out a brand new system with new rules slowly penetrating and seizing our world, that more justice, fairness, value accruals and distributions are demanded by all. Given the above, that's why we are witnessing the "decentralizations" of matters happening and being facilitated more passionately than ever by the overall populace.

Now as things and other people get connected and integrated into an "unseen network," the characterists of blockchain decentralization or however you call it, became extremely incentivizing for people to act and innovate upon. Specifically, works are done on all layers of the web from, again, data productions, storage, to applications (dApps), and of couse together with all the innovations include innovative business models and even "token economies.

Among the varied applications of blockcahin technoloies, DeFi, or decentralized finance has been one in all the foremost hyped recently given the area of imagination and schemes like liquidity mining. Traditionally eventhough we did see the boom of internet finance within the past years starting from payments, crowdfunding, neo-banks, P2P lending and more, however, non has provided the present anticipation of "evolution" but instead just "iteration," as they failed to really change the foundations and systems.

• Details about the place of exchange.

Internet finance, "exchange" plays a fundamentally crucial role. The essence of the commodity economy is exchange economy, and within the commodity economy, productions and consumptions are matched through market exchanges. When the a correct equilibrium is achieved for supply and deman, the marginal substitutional rate between any two commodities are going to be the identical for any consumer, and therefore the exchange of values is optimized.

Needless to mention, the exchange medium and platform are of top importance throughout the financial history. The medium has went from shells, stones, and metals to paper and now digital numbers to our eyes. The platform has evolved from the physical markets to the electronic stock trading systems and exchanges and more. Digitalization and "internetization" are the new focuses. within the past decade, since Satoshi Nakamoto invented Bitcoin, the exchange medium and platform have again shifted from centralization to decentralization. After the ICO hypes in 2017, the tokenization of assets has grew popular and now towards better maturity. At the identical time, various digital asset trading and exchange platforms also utilize blockchain technology to attain decentralization, hinting a promising future for internet finance and exchange as a function itself.

• Let us now look at the development and current status of exchanges.

An exchange could be a trading platform with diverse products, which provides price discovery and liquidity for traded products. Technological advancements have facilitated and effected also the business model and infrastructure of the exchanges. Not many folks stands in offline market places and shout out the costs of their goods to draw in buyers nowadays, but attempt to get their goods sold through electronic trading systems. In terms of the business model, most exchanges in Europe and also the us have went from membership based to make for-profit companies.

• Injective Protocol, a decentralized derivatives exchange protocol incubated by Binance Labs, has raised $2.6 million in a seed funding round.

• Led by Pantera Capital, the round also saw Asia-based QCP Soteria, Axia8 Ventures and Boxone Ventures, Bitlink Capital and others participate, Injective announced Wednesday.

• Injective Protocol sets out to resolve scalability issues and bottlenecks that can mar the user experience on decentralized exchanges (DEXs).

• The project was one of eight inducted into the Binance Labs Incubation Program in 2018, with the mission to resolve some of the shortcomings DEXs face, such as high latency and poor liquidity.

• Aside from the seed investment, the group of investors will also provide liquidity solutions for Injective and support its business developments and global brand recognition, according to the press release.

• Pantera Capital partner Paul Veradittakit said the investment firm led the round because of its belief that Injective is a
  strong contender for expanding decentralized finance (DeFi) beyond Ethereum platform.

• The funding comes as the protocol prepares for a mainnet launch and a new token to be issued in the latter half of 2020.

• Injective Decentralized Future Exchange

• With the advancement of blockchain technology and therefore the emergence of more public blockchains, there are now a range of decentralized exchanges. DEXes are different thanks to the various public blockchains they're supported and their respective concepts and technologies. Here we only discuss the decentralized exchanges pertaining the final traits.

• One of the key aspects of decentralized exchanges is that the exchange accounts equate to smart contract accounts. In brief, storing assets on DEX is to store them in smart contracts which is to store them in codes, and in codes you trust.
  Generally most DEXes will only fire registration (some even require KYC, and it's been criticized for a platform to call itself a DEX whilst inquiring for KYC), and to deposit, withdraw, and trade:

• Deposit: you deposit by transferring your assets into the smart contract address assigned to you by the platform.

• Withdraw: directly withdraw to anywhere directly from the smart contract address.

• Tradin: your asset is transferred from the smart contract address on to that of your counterparty. This transfer may be checked on the blockchain through blockchain browser, and therefore the entire transfer process relies on smart contract's automatic execution by codes.

• DEXes is further divided into two focuses: spot and derivative markets. Most of the DEXes living focuses on the spot markets, and aren't many derivatives DEXes given the complexity of economic designs development workloads. However it's become palpably clear that derivatives markets have grown exponentially in digital asset domain, and that we are already seeing the following boom coming from derivatives trading. Few strong contenders that have emerged in 2020 include Injective Protocol, DerivaDEX and Serum. Here let's explore Injective Protocol, which can be launched in August.

• To resolve common issues faced by DEXes like user friendliness, speed, and more, Injective Protocol proposes a world solution: Injective chain, Injective derivatives protocol, and Injective DEX.

Finally we arrive on Injective Protocol. This is basically a premier decentralized, layer 2 exchange that attempts to annihilate the sieges on dexes. It can be referred to as a front-running resistant exchange protocol that ensures reliably quick trading transactions.The future is coming, and the exchange, as the infrastructure of the digital age, is undergoing rapid and unprecedented development. In 2020, we will witness this change.

Check out these links to stay up to date with our progress:

• Official Website: https://injectiveprotocol.com
• Whitepaper Link: https://docsend.com/view/zdj4n2d
• Github: https://github.com/InjectiveLabs
• Reddit: https://www.reddit.com/r/injective/
• Twitter: https://www.twitter.com/@InjectiveLabs
• Telegram: https://t.me/joininjective
• Linkedin: https://www.linkedin.com/company/injective-protocol/