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LucidExchange (TRDx) ICO Review

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LucidExchange is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico Time28 Jun 2018 – Unknown
Token NameLucidExchange
Token SymbolTRDx
WhitepaperView Whitepaper
Website LinkHome
Price1 TRDx = 6 USD

More about LucidExchange (TRDx) ICO:

LucidExchange powers the derivatives markets with blockchain technology and allows you to trade futures and options on: commodities, currencies, and equities using the native TradeX token.

In the winter of 2016, we set out on a mission to transform the trading industry. Our goal is to become a leading beacon in the new Internet of Money world, using blockchain technology to create a fair distribution of risk. After months of research, meetings, development and legal work, we are proud to introduce the Lucid Foundation and the LucidExchange trading platform.

Lucid’s mission is to develop a blockchain-based, open source protocol that will power trading platforms in the US and around the globe. A true peer-to-peer trading protocol, embedded with a full suite of risk-assessment mechanisms, that will be completely autonomous and impregnable – a trader-focused alternative to today’s highly centralized capital market systems.

The Lucid protocol will create unique distributed ledgers for each asset sold. It will convert the terms of each trade into self-executing smart contracts and automatically maintain risk and margin requirements, allowing for cost-free, instantaneous settlements, and full transparency.

TradeX (TRD) , Lucid’s cryptocurrency, will power the ecosystem, incentivize worldwide participation of developers and users, and will ultimately be the native token for any DApp that will use the foundation’s protocol.

LucidExchange, is the first DApp commodities and securities exchange platform to deploy Lucid’s protocol. LucidExchange trading platform will allow individuals to trade in a wide range of asset classes. LucidExchange is seeking registration with the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).


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