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DexAge

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IEO
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DexAge is a Multi-Tier Trading Ecosystem

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Overview

Project industryTrading & Investing
Product typePlatform
FoundedNigeria
WhitepaperDexAge White Paper Open
OnepagerDexAge Onepager Open

What is DexAge

There are more than 200 crypto exchange platforms operating globally. Even though many of them are capable of handling large crypto volumes, the disadvantages with which most of them suffer make the transaction on these platforms a risky affair. The biggest risk generating feature is their centralized architecture, in which a single authority controls the complete funds of the users, thereby, rendering them helpless and powerless in the scenario when the exchanges are hacked or shut down. For instance, in 2016, users lost around 12,000 BTC when the centralized exchange Bitfinex was hacked. With a centralized system comes network vulnerabilities which makes such platforms prone to hacking. Moreover due to lower liquidity base, the centralized exchanges are also more vulnerable to local price slippage and frequent fluctuation in the crypto rates.

To counteract such challenges, DexAge has developed a decentralized, trustless, permissionless exchange platform where the control of the transactions will be in the hands of the users. The platform will be driven by the innovative concept of social web, where the interaction between the users, traders and investors will influence the growth and development of the DXG platform. Our user-centric platform will allow a myriad of peer-to-peer activities including crypto-crypto exchanges, crypto-trading, crypto-fiat trading, P2P lending and chatting through DXG chat DAPP. Since the platform will run on a decentralized blockchain network, all the transactions will be auditable and resistant to hacking due to their robust distributed architecture. By coordinating the exchange using smart contracts and involving user authorization during transaction, we will handover the real power to our users to control their operations on the DexAge platform.

DexAge is to capitalize on the blockchain technology and develop a permissionless, trustless and decentralized P2P trading and P2P lending platform which blend security and autonomy in the crypto-trading process.

What sets DexAge apart from other attempts at creating a decentralized exchange system isits ingenious business model, by which the whole DexAge ecosystem will be driven using the social web between its users, traders and investors. The ultimate aim of DXG is to build a user-centric ecosystem where the company and its users mutually benefit each other and grow and develop together.

DexAge is a Decentralized Exchange platform, enabling P2P crypto to crypto exchange, crypto-trading, crypto-fiat trading, P2P lending and chat on DAPP, using auser-centric approach where the whole platform would be driven by social web.

OUR VISION

To create a trustless, permissionless P2P crypto exchange and trading platform that is autonomously driven by a synergetic web of traders, users and investors.

OUR MISSION

DexAge strives to make our P2P platform an autonomous ecosystem where our users, traders and investors would serve as the fuel and not just as the nuts and bolts of our platform. The real growth and development of DXG lies in the empowerment of its users, which we endeavour to achieve through the multi purpose functionality of our DexAge tokens. By enabling our users to stake, vote, pay loans and manage their assets in a decentralized exchange, trading and lending marketplace, our end-game is for DXG and its users to thrive with the proliferative potential of cryptocurrencies.

Our DXG trading infrastructure is fortified by the fusion of a distributed blockchain with a decentralized social web and heralds a socio-economic paradigm shift in the current crypto trading landscape. A financial system which equips its members to manage their money at their volition without the interference of a interagent, is the future that DexAge envisions.

REVENUE MODEL OF DEXAGE

The following sources would be responsible for generating our projected revenue:

  • EXCHANGE FEES
  • A 0.1% fixed charge per trade . As a result, a 24 hour trading volume of 358,736,134 USD will generate 358,736.134 USD profit.
  • CRYPTO-FIAT TRADING FEES
  • 0.5% fixed charges per transaction
  • PREMIUM COIN LISTING FEES
  • To be charged in the scenario where the coin is not listed by community voting.
  • WITHDRAWAL FEES
  • To be charged for covering the blockchain transaction cost
  • PREMIUM LISTING ON MOBILE CHAT APP
  • To be charged to list the coins on DXG chat Dapp.
  • LOAN PROCESSING FEES
  • To be charged on loan transactions

    Details

    Pre-sales: Nov 30, 2018 - Dec 31, 2018
    Public sales: Jan 02, 2019 - Jun 01, 2019
    IEO (Bitforex Launchpad): Jul 01, 2019 - Jul 05, 2019
    IEO (Exmarkets Launchpad): Jun 22, 2019 - Jul 14, 2019
    Pre-sale token supply: 500,000,000 DXG
    Token supply: 5,000,000,000 DXG
    Total tokens for sale: 5,000,000,000 DXG
    Soft cap: 5,000,000 USD
    Hard cap: 24,000,000 USD

    Legal

    Blockchain Platform: Ethereum
    Country limitations: USA, Canada
    Registration country: Nigeria
    Registration year: 2017
    Office address: 20 Mbonu street, Dline, Port Harcourt, Rivers State, Nigeria

    Token info

    Ticker: DXG
    Type: Utility-token
    Token standard: ERC20
    Token price in USD: 1 DXG = 0.01 USD
    Accepted currencies: BTC, ETH, BCH, LTC
    Bonus program:
    Pre-ICO - 40%
    ICO 01-15 Jan - 15%
    ICO 15-30 Jan - 10%
    ICO 30 Jan-14 Feb - 5%
    Token distribution:
    45% - ICO
    10% - Pre-ICO
    15% - reserved
    15% - team and founders
    10% - airdrop and bounties
    5% - core investors
    Funds allocation:
    40% - platform development
    40% - marketing, branding, education
    20% - contingency plan

    DexAge Roadmap

    1
    2017 Q1

    Proof of Concept.

    2
    2018 Q1

    Team Formation

    Research & Development.

    3
    2018 Q2

    Dexage Platform Prototyping

    Private sale of DXG to Core Investors.

    4
    2018 Q3

    Release of DexAge MVP

    Airdrop Campaign.

    5
    2018 Q4

    DXG Pre-sale to Qualified investors.

    6
    2019 Q1

    Main Crowdsale begins

    Main Crowdsale ends;
    DXG Listing on DexAge internal market.

    7
    2019 Q2

    DexAge listing on other exchanges.

    8
    2019 Q3

    Release of P2P Exchange-Beta Version.

    9
    2019 Q4

    Release of DXG Chat Dapp-Beta Version.

    10
    2020 Q1

    Release of DexAge web P2P Exchange Trading Platform.

    Project team

    Precious Kenneth W.
    Precious Kenneth W.
    CEO & Co-Founder
    Precious Kenneth W. linkedin
    Suanu Neenwi
    Suanu Neenwi
    CTO & Co-Founder
    Suanu Neenwi linkedin
    Gody Wogu
    Gody Wogu
    Business Development Director
    Gody Wogu linkedin
    Ukaoma Stanley
    Ukaoma Stanley
    COO (Chief Operating Officer)
    Ukaoma Stanley linkedin
    Kenneth Chile W.
    Kenneth Chile W.
    CFO (Chief Financial Officer)
    Kenneth Chile W. linkedin
    Alexander Mamasidikov
    Alexander Mamasidikov
    CMO (Chief Marketing Officer)
    Alexander Mamasidikov linkedin
    Jude Umeano
    Jude Umeano
    CSM (Community Support Manager)
    Jude Umeano linkedin
    David Oti
    David Oti
    Solution Architect & Lead developer
    David Oti linkedin
    Zuzana Mejdrova
    Zuzana Mejdrova
    Chief Content Manager
    Zuzana Mejdrova linkedin
    Owoh Onwuchekwa Ogbuefi
    Owoh Onwuchekwa Ogbuefi
    Chief Strategy Analyst CSA
    Owoh Onwuchekwa Ogbuefi linkedin
    Wapinter
    Wapinter
    Bounty campaign Manager
    Wapinter linkedin
    Joseph Iyofor
    Joseph Iyofor
    Project Manager
    Joseph Iyofor linkedin
    Abdulhaqq Sulaiman
    Abdulhaqq Sulaiman
    Blockchain Developer
    Abdulhaqq Sulaiman linkedin

    Advisors

    Kingsley Okes Idisi
    Kingsley Okes Idisi
    Legal Advisor
    Kingsley Okes Idisi linkedin
    Sydney Ifergan
    Sydney Ifergan
    Senior Advisor
    Sydney Ifergan linkedin
    Manoj Rana
    Manoj Rana
    Marketing Advisor
    Manoj Rana linkedin
    T Aravinda Babu
    T Aravinda Babu
    Blockchain Technical Adviser
    T Aravinda Babu linkedin
    Mauro Andriotto
    Mauro Andriotto
    Financial Advisor
    Mauro Andriotto linkedin
    Igor Karavaev
    Igor Karavaev
    Strategic Advisor
    Igor Karavaev linkedin
    Raghav Sawhney
    Raghav Sawhney
    Advisor
    Raghav Sawhney linkedin
    Deepanshu Bhatt
    Deepanshu Bhatt
    Advisor
    Deepanshu Bhatt linkedin

    Social media

    DexAge web-siteDexAge RedditDexAge MediumDexAgeYouTubeDexAge TelegramDexAge LinkedInDexAge TwitterDexAge FacebookDexAge Github

    MVP

    MVP URL

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