Their distributed off-chain matching engine provides unparalleled functionality while leaving users in control of their assets.
Introducing the project and receiving positive feedbacks from community for their great features of a decentralized platform on the NEO platform has brought NASH certain advantages because the NEO community is looking forward to a professional platform with high liquidity.
Another advantage is that NASH team and their advisory boards are all influential people in the NEO community and the electronic money market.
CHALLENGES
However, the emergence of many platforms with the best security state to avoid being hacked will bring NASH a lot of challenges when it officially comes into operation.
-Competitors
First of all, their top competitor — , is going to launch DEX — a decentralized floor. This is one of the greatest expectations from more than 6 million users at , because DEX will create a transparent environment and self-determination for their users. With a huge number of users and liquidity, this will be a big challenge for NASH.
Second, other competitors should also be focused are two decentralized floors on the NEO platform: Aphelion and Switcheo. However, after their launching, they still haven’t left a great impression on people. Their number of users is quite low and their liquidity is not high.
-The ecosystem on NEO
Currently, the number of on the NEO platform is quite small, the number of listed is not much. In order to have a large number of users, NASH needs to add other so that the number of coins and can be increased, so that they will be able to compete with other exchange platforms.
WHY NASH?
With NASH, users will fully hold their assets and directly put them into this network to trade without having to provide their personal information. DEX’s actions are maintained by nodes distributed worldwide and functional execution codes.
However, most of the decentralized exchange platforms are now facing a fundamental problem: user-friendliness. This prevents decentralized platforms from getting access to users all over the world. User’s experience on decentralized platforms is now less intuitive and difficult to use than traditional centralized exchanges. Besides, the current decentralized platforms also face other problems such as speed and liquidity, which makes them fall behind compared to other centralized platforms.
NASH is expected to be a secure exchange platform as well as quickly processes billions of orders for millions of users. And NASH is confident enough to make these things come true.
CONCLUSION
In a context that the risk of losing money from being hacked is making the traders lose confidence in the centralized exchange platform, decentralization is the future of the technology. The emergence of decentralized platforms is something that definitely happens sooner or later. At present, users need a platform which is easy to use and has high security, asset self-control as well as high liquidity. With their professional team, NASH is believed to be a success when it is officially launched.
P/S: NASH IS HAVING A REGISTRATION PROGRAM FOR THEIR NEW USERS.
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Published at Fri, 08 Mar 2019 03:11:00 +0000
