Wandx

_{A token marketplace for peer-to-peer creation and trading}

Summary

_{WandX is a decentralized platform that allows users to create their own digital tokens on the Ethereum blockchain, then have those tokens represent a pre-selected basket of funds they choose themselves. The platform allows users to build ERC20 tokens, then trade baskets of tokens in an open market. Users can hedge risk and diversify their investments while purchasing a single investment vehicle.}

_{Wandx initial product will be based on creation of baskets of ERC20 tokens on Ethereum. We have six types of contracts - data storage (d-gen), functionality enabler (f-gen), trade enabler (t-gen), settlement enabler (s-gen), rating enabler (r-gen), and analytics enabler (a-gen). Together they create a holistic ecosystem to create, trade, view, and settle contracts. Issuers create the ERC20 Token instruments, market makers and buyers purchase these instruments, sellers close the loop and thus all the players together create the market for the instrument. Using the f-gen, the issuer creates the product, the d-gen stores the product, the t-gen and s-gen are responsible for decentralized trade of the product through smart contracts. The r-gen is optional, and can be used only by certain users to rate products.}

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Information

_{* Note that all data is static of date of article.
Symbol : WAND
Date Started :29 December 2017
Age : 1 months
Listed Start Price : $0.292604
All time High : $1.35
Current Price : $0.908589
All time Low : $0.277769
Market Cap : $11 124 886
Circulating Supply: 12 244 135 WAND
Total Supply : 16 013 284 WAND
Max Supply : 75 400 000 WAND
Website : www.wandx.co
Lifetime Price Percentage : 210.52%
Whitepaper : wandxdapp.gitbooks.io
Rating :}

Pros & Cons

Pros	Cons
Purchase multiple ERC20 Tokens in a single transaction	Not unique a lot of competitors
User friendly front-end Tools to create tokens on Ethereum	Platform not develop yet only prototype
Record trades on-chain (no private key held)	Competing against decentralized exchanges (0x, Etherdelta, Kyber )
Identification integration with platforms such as uPort and Civic	Competing against centralized exchanges(Bittrex, Kraken, Coinbase )

Team

Abhinav Ramesh	Yogesh Gaikwad	Sridhar Kolapalli
Founder and CEO	Co-Founder	Platform Architecture
Molecular Biology	Entrepreneurship	.NET Developer
Research	Early-stage Startups	Enterprise Architecture
Cell Culture	Growth Hacking	Requirements Analysis

Rewards

_{Users of each of the gen modules are incentivized to contribute to the platform. Incentives of different players on the WandX platform are slightly different depending on the value they bring to the platform. All the incentives are distributed using the Wand token which is based on Ether. The underlying value of this Dapp will be in its applications to create, trade and settle instruments based on ERC20 Tokens. The Token sale will distribute the Wand tokens among the public, after which bounty programs will be conducted to incentivize each player in the platform.}

_{WandX will introduce bounties for each player in the platform, and for each type of product that can be created.}

Community

	Twitter	Facebook	Telegram	Instagram	Github
Members	5 957	2 857	1 941	3 879	3
Last	2018/01/15	2018/01/15	2018/01/15	2018/01/01	2018/01/15
Links

Trends

WandX

Competitors

Markets

Market	Pair
EtherDelta	WAND:ETH
Idex	WAND:ETH

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