bZx logo

bZx

Status
ICO

bZx is a protocol that powers decentralized margin trading and can be built into any exchange. Its a protocol for next generation (b)0x-standard relays.

bZx White Paper Whitepaper

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NA
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User Rating
Medium
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Ticker
BZRX
Type
Utility-token

What is bZx

Decentralized exchanges need functionalities like margin lending and clearinghouses. bZx makes these possible through trustless smart contracts. bZx bridges centralized and decentralized liquidity pools using tokenized margin loans. With bZx’s Universal Liquidity, users get access to the entire margin lending market. bZx pools loans together in a decentralized clearinghouse. Lenders can lend to a whole pool of people, averaging risk across many borrowers, allowing for a more predictable income stream. All bZx loans are insured with the bZx guarantee fund. The BZRX token is used by relays to collect trading fees.

bZx Roadmap

1
August 2017

Tom Bean and Kyle J Kistner conceive bZx after several months of brainstorming and exploratory efforts. Whitepaper development begins.

2
September 2017

First Github commit in the protocol contracts code repository.

3
January 2018

bZx sponsors ETHDenver, attracting initial attention. bZx officially announces. “Welcome to bZx” published on Medium.

4
February 2018

bZx officially releases the whitepaper after five months of concurrent coding development.

5
April 2018

bZx protocol debuts its fully functional smart contracts onto the Ropsten Testnet.
bZx portal and bZx.js library initial release.

6
May 2018

Security audits begin on the bZx protocol contracts.

7
June 2018

bZx launches full website. Closed beta mainnet release of the bZx protocol.

8
July 2018

Mainnet release of bZx open to the public.

Token Sale Dates

Presale Period

Start date: May 01, 2018
End date: Aug 14, 2018

Token Allocation

Presale Token Supply 100,000,000
Total Token Supply 400,000,000

Funding Details

Hard Cap 36,500,000 USD(fiat)

Restrictions

Residents of the following countries are prohibited from participating
United States

Token distribution


40% - TGE
20% - Development Fund
15% - Founding Team
10% - Incentive Fund
10% - Presale
5% - Advisors

Funds allocation


50% - Product Development
20% - Administrative Overhead
15% - Advertising & Marketing
10% - Legal
5% - MISC

Token Price and Payment Options

Token price USD 1 BZRX = 0.073 USD
Accepted Currencies ETH

Project team

Tom Bean
Tom Bean
CEO & Founder
Tom Bean linkedin-team
Kyle Kistner
Kyle Kistner
CVO and Operations Lead
Kyle Kistner linkedin-team
Adrian Li
Adrian Li
Senior Developer
Adrian Li linkedin-team
Casey Fallon
Casey Fallon
Senior Designer
Casey Fallon linkedin-team
Yuri Eliezer
Yuri Eliezer
Lead Counsel at Founders Legal
Yuri Eliezer linkedin-team
Manish Singh
Manish Singh
Manish Singh linkedin-team
Stani Kulechov
Stani Kulechov
Stani Kulechov linkedin-team
Alexander Khoriaty
Alexander Khoriaty
Alexander Khoriaty linkedin-team

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