Since 2017, we have seen trading volumes in cryptocurrency tokens rising to dizzying heights. Blockchain projects, internet projects, and even traditional businesses have capitalized on this interest to fund their projects by issuing tokens on the Ethereum protocol using ERC20 tokens, which are then traded on primary and secondary markets, giving traditional financial markets a run for their money. We have also seen the creation of other new blockchains, which not only allow for even more tokens to be created but which, together, form the ever-expanding infrastructure of the burgeoning blockchain industry. With each new project entering the arena we see more progress towards increased decentralization, openness, transparency, security, and performance, though we have yet to see any blockchain that has achieved perfection on all fronts. Having said that, we can see a clear direction emerging with the technology progressing from proof of work (POW), and onto proof of stake (POS), with the latter much better in terms of functionality and expandability, and now onto a consensus algorithm under EOS, known as Delegated Proof of Stake under EOS, which offers a commercial-grade operating system with extraordinarily high transaction speeds and highly scalable smart contracts. Going forward, we expect to see explosive growth in the number of high qualities dApps and public chains developed on the EOS platform.
EOSex is building a global one-stop trading platform for quality assets. We intend to provide a safe, fair, and transparent digital asset trading platform for the blockchain industry. We are creating an ecosystem built on a distributed governance system that not only allows for the trading of cryptocurrencies but the trading of tokenized financial derivative products, making for a complete digital trading platform that can access the world.
EOSex plans to offer digital asset spot trading, CFD trading, and on-chain trading. EOSex will issue exchange tokens, called EXP (EOSex Proof). Once EXP tokens have been issued, EOSex will no longer be an independent blockchain entity, but rather a distributed company controlled by its community, by EXP token holders, and by the EOSex foundation. All EXP token holders will share in the profits generated from EOSex. Thus, EOSex will become a community-based platform that will work together across all of its members and partners to create a global one-stop platform for quality digital assets.