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With the rapidly growing crypto-asset market, key services such as providing liquidity and hedging risk are being carried out by cryptocurrency exchanges and crypto-asset management platforms. WandX is creating infrastructure for decentralized creation, trade, and settlement of derivatives and financial products on crypto-assets built on the Ethereum blockchain. Its initial product allows users to create combinations of cryptocurrencies (known as a portfolio) and trade this portfolio with a single transaction. This helps customers reduce the risk of investing in volatile cryptocurrencies, as well as enables easy transaction between relatively low liquidity tokens.
Start: 2nd October 2017
End: 2nd November 2017
Whitepaper: Read whitepaper
Role of Token: The Wand token will be used in the WandX platform for transacting with any of the WandX APIs.
Product Status: ICO
Team Leads: Abhinav Ramesh – Founder and CEO
Token Symbol: WAND
Where to Buy token: WandX Website