Dex.top 50 strategy: Let DAPP assets flow

On July 24th, Dex.best (Hercules) global chief consultant Fan Lover has been a guest in the 24th problem of "Qiangqiang Yousheng" of Honeycomb Finance.

 “50 plan to create DAPP assets circulation” was shared on the internet.

Fanfan gave detailed answers to the Dex.top 50 strategy, partner selection conditions and future strategies.

Talk about teams and projects

Honeycomb Finance:

 Everyone knows that Dex.best (Hercules) is a decentralized cryptocurrency trading system under Bibox, so let Fan Lover introduce Dex.best (Hercules) and his group and the achievements of Dex.best previously time period. !

Fan Fan:

 The Chinese name of Dex.best is Hercules, which is a Chinese homonym for Dex. It's been 5 a few months since the start of the Dex.top task, where the team offers mainly completed four things. The foremost is the construction of the group and talents. At the moment, you can find about 20 full-time employees in the group, which includes 70% in technology and 30% functioning. The second is to determine the strategy and find the direction. Initially, Dex.top has been operate on ETH, accompanied by EOS. At this stage, we Working hard to create Dex.top operate on more general public chains; the third would be to make items, that is, tactics and strategies. Dex.top has reached strategic cooperation with companions such as Bifu Wallet and BlackPool mining swimming pool. Currently we've become NEO

 EcoBoost's youngest ecological partner and the only Dex node of IOST. And we furthermore participated in the NULS node election and obtained strong assistance from the NULS community. We will release our own white papers soon. The 4th would be to form a community to create the backbone of the development of Hercules. This is done completely from scratch. The current community offers about 80,000 members. In the future, we will utilize the energy of Bibox to help make the community larger and stronger.

Honeycomb Finance: We see a lot more centralized exchanges deploying decentralized exchanges, but relatively communicating, DEX is still a distinct segment market.

 So how exactly does Dex.best see the present competitive landscape of DEX and what is the real scenario of the DEX ecosystem? Exactly what will detonate the DEX dispute following?

Fan Fan:

 Dex's present ecology is still relatively weak but still in the stage of self-competition. Our income in the initial fifty percent of the entire year was about 1 million, but our expenditure was various million. Our R&D investment accounts for a very high proportion. There are various teams that only work on an individual chain. Their technical input might not be therefore high, plus they will be able to hardly maintain a stability of payments. Concerning the tipping point, I believe it could be the large-scale execution of DAPP asset tokenization. So we produced a slogan to let DAPP assets circulation, because DAPP and general public chains are usually interdependent. The vitality of the general public chain not only affects Dex, but also contains centralized exchanges, wallets, mining pools, and even the complete industry. For that reason, DAPP assets need to be circulated and should be circulated.

Honeycomb Finance: Dex.best (Hercules), as a distributed exchange concentrating on open public chain ecological assets, claims to create an "Exchange 3.0" model. What is the "Exchange 3.0" model?

Fan Fan:

 The decentralized trade essentially serves the general public chain and the ecological assets of the general public chain, therefore the 3.0 of the decentralized trade follows the 3.0 of the general public chain. The 3.0 era is a series of general public chains represented by EOS. There are rich smart agreement scenarios, the large-scale execution of DAPP is becoming feasible, and the amount of assets is also large. But unlike 1.0 and 2.0, it'll be difficult for the super-big boss to emerge in the next two yrs, and it will be replaced by way of a contending situation. Because the speed of the is accelerating, you can find more capital, and you can find more possibilities for general public chains, therefore the exchange will have more trading areas, launch more DAPPs, and also make the merchandise structure more versatile and the business enterprise model more versatile. Different and three-dimensional. Therefore, in our eyes, Swap 3.0 means that its product structure is flexible and its own business model is more diversified and three-dimensional.

Talk on the subject of the general public chain 50 plan

Honeycomb Finance:

 I start to see the 50 plan recently launched by Dex.top. What is the "50 strategy" of Dex.best? What general public chain projects are cooperating? Why select these general public chain cooperation? Can you reveal some information on the cooperation?

Fan Fan:

 The 50 strategy would be to select 50 public chains all over the world to jointly develop an industry ecosystem. The power of the 50 plan would be to create DAPP assets circulation. For the general public chains that are chosen for the 50 strategy, we will not only launch their mainnet trading region on Dex, but also launch their mainnet on the partner wallet, and launch their DAPP on the partner app shop. And can become unified at an individual entrance, high-quality general public chain assets may also offer the opportunity to exchange to Bibox, therefore in the future we will think about the introduction of cross-chain protocols, in those days the general public chain can enjoy the traffic dividend will be very amazing .

Currently we've launched Ethereum and EOS. NEO, IOST and NULS will be launched quickly. Additionally, there are some quite well-known general public chains that are also in contact. Ten general public chains are usually planned to become launched by the finish of this season. We established the cooperation with NEO because we noticed their Ecoboost US$100 million acceleration strategy, and we immediately contacted them if they experienced that the principles were constant. The process was very simple, and it took less than three months. IOST and NULS are usually Ms. Liu Piaorou who noticed each other's preaching if they went to the event, plus they contacted each other if they thought they had the opportunity. After meeting, I basically decided to cooperate. Things happen urgently however they are important. We hit it off with the general public chain group and get along well with the general public chain community. We will listen to and respect the views of the city.

Honeycomb Finance: DAPP is an extremely important component in the general public chain ecology. This issue we are sharing today is Dex.top

 50 Program: Let Dapp assets flow. How do you understand "let Dapp assets flow" right here? Fanfan, make sure you discuss it at length.

Fan Fan:

 Consider the wallet for example. You might have used imtoken, tokenpocket, wheat wallet and so on. Provided that the mainnet wallet that helps ETH, all tokens issued predicated on ERC20 could be stored inside it. These tokens are usually mainly DAPP, but the wallet only solves the storage space problem of Dapp tokens, and does not solve the circulation problem. The Dex.best solution would be to develop Dex based on the general public chain. Let's take NULS for example. Dex.best can be an independent decentralized trade, but Dex.best has opened the NULS trading region, so Dex.best will be an trade running on many chains simultaneously. The main focus on of the transaction is DAPP assets. In addition, Dex.top helps direct login using cryptoID, which is equivalent to opening up the wallet accounts and the trade account. At the moment, we've cooperated with more than 20 wallets. You can use these wallets to straight authorize to get on Dex.top, and utilize the DAPP tokens in the wallet for transactions. Each exchange of the wallet will be documented on the chain, and the data of every matching order will also Will be documented on the chain, open up and transparent.

Honeycomb Finance: Do you know the attractive points of participating in the "50 Project" for general public chain and Dapp developers?

Fan Fan:

 In fact, the main promotion of the 50 plan may be the three-in-one cooperation model of land, sea and air. Along with Dex.best, we also give away wallets and app stores to solve the problems of circulation, storage space, and intake in a single stop. High-quality projects may also be transferred to Bibox. For the general public chain, it solves the very critical circulation hyperlink in ecological construction. For developers, it solves the worries and traffic difficulties.

Honeycomb Finance:

 Who will function as next partner of the "50 Project", could it be convenient to disclose? What will be the basis for Dex.best to select companions? Will the amount of Dapp developers function as core component of Dex.top's selection of partners?

Fan Fan:

 It is not convenient to disclose if you can find more intentions. Various public chains currently in contact have good technical foundations, and are ranked in the very best 100 by market worth. Next, we will try overseas marketplaces. Choosing partners worth the next four points: First, it should be a credit card applicatoin development system or a secured asset issuance system; second, the trading set must be able to help a trading area; 3rd, the agreement is relatively comprehensive and sufficiently secure; 4th It emphasizes the ability of ecological construction and contains a community base. In addition, the amount of DAPP will include points, but it still depends upon the overall level.

Talk about strategic planning

Honeycomb Finance:

 It is not difficult to discover from the "50 Program" that the concentrate of Dex.best (Hercules) in the future will be more inclined to "DEX + public chain", so how does Lover Fan view the current open public chain and Dapp pattern and status? What might the future public chain world appear to be? What role will Dex.best (Hercules) play?

Fan Fan:

 Dex + general public chain + Dapp, or dex + general public chain + asset tokenization. Now we think that we've entered the 3.0 era of the general public chain, and exchanges should also enter the 3.0 era. In the next two yrs, I think it'll be more challenging for a brilliant boss to emerge. Instead, a hundred schools of thought will contend. The role of Dex.best is a place and a central port, where centralized trading of DAPP assets could be realized.

Honeycomb Finance: Dex.best (Hercules) is outside the "50 plan", what is the future strategic plan?

Fan Fan:

 The future layout may concentrate on cross-chain and community-based operations. With the development of the 50 strategy, cross-chain will definitely be put on the agenda. We have been currently studying cross-chain protocols, which will access and be compatible with multiple cross-chain protocols, and encapsulate them at an individual level to provide customers a smoother and smoother cross-chain path selection. In addition, Dex.top will shift towards community-based operations in the future, because the development momentum of the 50 project originates from the assistance of the general public chain and the city, and the group has always hoped to create a useful product and deliver it to the city. Therefore, Dex.best has never belonged to the team, but belongs to the community, revealing decision-making energy and profitability.

Talk about the status and future of DAPP**

Honeycomb Finance: 2018 is named the first season of DApp, but it has only been less than a year, in accordance with DApp

 The data on Radar implies that the mortality rate of the three well-known general public chain Dapps is as high as 87%, and the very best Dapps have only a thousand everyday active customers. The few user data of Dapps will be in sharp contrast with the previous popularity. How do you start to see the current status and future of Dapp?

Fan Fan:

 The mortality rate of 87% is in fact alright, 95% of entrepreneurial projects will die. Of the remaining 5%, more than half are also half-dead. I've seen a set of data before. The common life cycle of DAPP is about ten a few months, and the retention rate of more than five a few months is 5%. But no-one will deny the worthiness of entrepreneurship, no one will deny the worthiness of DAPP. At the moment, with regards to the three open public chains of Ethereum, EOS and wavelength, the total number of DAPPs can reach more than 3,000, and you can find more than 200,000 daily energetic users. With regards to transaction amount, the recent market isn't particularly good, about 3,000 US dollars. One area will be higher. As far as I am concerned, I think the general public chain and DAPP ought to be given more persistence to let them grow.

User Q&A

Q: Is it possible that Dex.best will cooperate with trade public chains want Binance Chain?

Fan Fan:

 Cooperation with the trade public chain is also in our strategy. If the city and customers have demand, BNB is very likely to turn into a trading area of ??ours and cross-chain with additional public chains, provided that the assets on it support this trading area.

Q: Will there be a general arrange for the future community operation of Hercules? Fifty general public chains straight cross-chain transactions. Is the depth tough to control?

Fan Fan:

 Our community natural paper has actually released version 1.0, but with the enrichment of trading areas and DAPP assets, the green papers may also be upgraded. It is very likely that all trading zone will have its own partner, leading the customized operation. The partner can come from the general public chain community or from anywhere, provided that he can move the election. Are you aware that issue of transaction depth, I believe it takes a certain amount of period. Because DAPP assets are in an early stage now, this depth will gradually raise with the development of DAPP assets in the future.

Q: Can Hercules issue system coins separately?

Fan Lover: We have been studying the system currency and we are not repelling it.

Q: TRON offers been using Justin Sun recently on the cusp of the waves, but TRON also has a large number of Dapp developers in addition to ETH and EOS. Is it possible that you'll cooperate with TRON?

Fan Lover: Actually, TRON has contacted before, but there's been no good opportunity to progress this matter. It'll be delayed, and when there is a chance, cooperation will not be rejected.

Q: Dex.best has a agreement to recharge. Can it be completed in one stage without recharging conversion and can be straight traded?

Fan Fan:

 The practical phrase "recharge" is more appropriate than "locking", which is a clever contract in which you handle your private important. We have always been very worried about the threshold and connection with the product. The best user education isn't to say how many tutorials you possess told him, but you possess to develop a fool-like product, use a product with an extremely low threshold, and let users begin straight. This is where we need to work hard.

Q: Can Hercules be like diversified like centralized exchanges in the future, strengthening the functions of related financial products?

Fan Fan:

 We very much hope to expose diversified functions. But this depends not only on Hercules itself, but also on the improvement of the functionality of these general public chains, because now due to the decentralization features, the peak worth of our present matching orders is about a dozen per second. That's not so applicable to numerous financial derivatives, in fact it is expected that the as a whole will improve in the future.