EXTOKE EXCHANGE REVIEW ICO

https://www.extoke.com/

We need really good DEX solutions!

I start this article with a clear request and claim that without a satisfactory response to this request, we simply can not get ahead in the crypto world. And above all, we need them for all different types of tokens in the Crypto Universe.

In my view, the EXTOKE Exchange is a very hot candidate when it comes to the throne of decentralized exchanges for ERC-20 tokens. I will introduce you to this article and I hope that as many people as possible will discover it.

What sets a decentralized exchange apart from a centralized one?

Yes, the one is just decentralized and the other centrally controlled! Could now give the very smart quick response. But what does that mean in detail?

Decentralized means in the case of an Exchange, that there is no wallet of the Exchange, on which all tokens of the users are loaded, as soon as one makes a deposit. The process is called peer-to-peer and simply means that one user is directly connected to another and acts. The tokens will be transferred from User A Wallet to User B Wallet without a third wallet in between. Where is the advantage now?

• Each user ALWAYS has full control over their Crypto currencies.
• The Exchange can not be hacked, as it does not have its own wallet on which the funds of the users are - if not available, nothing can be stolen.
• This minimizes transaction costs - in the case of the EXTOKE Exchange there are no fees whatsoever.
• And there are also no failures of a DEX.

An example explaining points 1 and 2:

A CEX, centralized Exchange, can be attacked by a hacker, and since each user must first transfer their tokens or coins to the wallet of the CEX before they can trade, most of the hacks are geared towards the big wallet of the CEX. The administrator of the monetary values, the CEX, is thus robbed, absolutely comparable to a bank robbery. If I now have my money as cash at home, the bank robbery interests me very little, because I hold my money in my hands. Exactly in this relationship, the DEX is the CEX. I buy and sell via a DEX, then I always have my money in my hands.

And another example for point 4:

A small example of this: If I meet with someone outdoors and I buy some of his fruit from the garden then this ALWAYS works - that would be the EXTOKE Exchange. However, when I exchange my money for fruit in the supermarket, that's only possible when the market is open.

So now to the specialties of EXTOKE Exchange.

The most outraged is probably that there will be no fees. This means that nobody has to fear losses due to trading fees and this point is for many the entry barrier to trading. Especially for day traders this will be very interesting because they pay a lot of fees.

Another great advantage of the EXTOKE Exchange is that ICO's will run directly on the EXTOKE platform. This concept is not unique, but the EXTOKE team has built a special feature for all XTO token owners. With only 100 XTO tokens you get a 10% bonus on all ICO's that start on the platform and only 1000 XTO have to be in the wallet if you want to start your own ICO. I think that's great and at the same time wonderfully easy. That's what we need and it reminds me of the mod scene of the games industry. Above all, I'm looking forward to the promised sharp checks of the ICO's by the team of specialists at EXTOKE, because a lighter entry, unfortunately always favors a higher rate of abuse of a platform. Here they will really have to show what's inside of you, but I have no doubt about that, because they can deliver, as I'll show right away.

EXTOKE promises a 24-hour service 7 days a week, via live telegram support, their social media channels and very old-fashioned also via email. If they can really sustain this support in the long term, then that will be one of the big things EXTOKE will be aware of. I am really looking forward to that!

In projects, I always ask, "What is the actual development of the final product?" And in the case of EXTOKE, that is quite clear. The platform ran its product just one week before the launch of the ICO. So EXTOKE turned the tables and delivered them and then started the tokenale. We also rarely see that and not only argue that they will stick to their fast roadmap, but will also work on a controlled evolution in the aftermath.

As already mentioned, the ICO is already running and therefore would like to respond to him as well.

So if I have a project ahead of me that comes with its own ICO review team and planned ICO platform, then I have to assume that everything is right with their own tokenale, and of course that's the way it is.

The very low softcap and hardcap shows immediately that they do not really need the money. Just 50 ETH are set as a softcap, that's just 20,000 euros and even with the hardcap of only 500 ETH, EXTOKE is far below what most projects see as a minimum. The entire ICO is only about a time of 3 weeks and the following day begins trading with the XTO tokens. This testifies to a truly finished product.

Of the total of 1,000,000,000 XTO tokens, half will be offered for sale in tokens, and investors are more likely to look for value than a 10x return just after the ICO.

The Tokensale ends on 21.07.2018 and is definitely not the highlight of the EXTOKE Exchange.

The last point that I take as a hint why they hardly need the ICO is the graph below:

I've never seen 63% of ICO revenue spent on marketing. The development is therefore almost complete and future extensions will be funded from other sources, as only 25% of the total go there.

My conclusion to the EXTOKE Exchange.

I only see positive sides of the Exchange, and that is rare, at the stage when the Blockchain universe is in the process of being in. No need to pay any fees and have an active 24-hour support is already a strong piece and is enough for me with a DEX, not only to look at them, but also to recommend them.

I'm happy about every reader of my blog. Upvoting my work on Steemit does not hurt you, but it does mean a lot to me. Thanks a lot for this.

I would like to call you to make your own impression of the EXTOKE Exchange, it is definitely worth it. The following official links take you to all important pages.

Website: https://www.extoke.com/
White Paper: https://www.extoke.com/white-paper.pdf
Telegram: https://t.me/extoke
Facebook: https://www.facebook.com/extokecom/
Twitter: https://twitter.com/ex_toke
Github: https://github.com/extoke/
Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=4512169.0
Bitcointalk ANN Tokensale: https://bitcointalk.org/index.php?topic=4505833

My Bitcointalk: citacititut
https://bitcointalk.org/index.php?action=profile;u=1155701