The Genesis Trade

Distributing the ZRX token using 0x protocol, live on Ethereum mainnet

Key Points

0x protocol v1.0 is live on the Ethereum mainnet now !

! The 0x team will create an order to sell 500M ZRX in exchange for $24M worth of ETH.

A custom Ethereum smart contract that plugs into 0x protocol will enforce the registration whitelist and individual purchase caps.

Token sale begins 8am PST on August 15 at https://0xproject.com/token

on at https://0xproject.com/token Tutorial video will be released later today.

0x Protocol v1.0 — Live on Ethereum Mainnet

We are excited to announce that 0x protocol v1.0 is fully functional and live on the Ethereum mainnet today! You can now use 0x OTC to trustlessly exchange any ERC20 token with a known counter party for free. Version 1 of 0x protocol has undergone rigorous testing and security audits by Remco Bloemen, ConsenSys Diligence, Jordi Baylina and the many participants in our bug bounty program. But Version 1 is just the beginning, we have a long development roadmap and list of improvement proposals for v2.0.

ZRX Token Sale — The Genesis Trade

ZRX tokens will be distributed to those that registered to participate in our token sale through The Genesis Trade. With this Genesis Trade, a long sequence of trustless ERC20 trades will follow, powered by a diverse global network of decentralized exchanges built on top of 0x protocol.

The 0x team will create a large order to sell 500M ZRX in exchange for $24M worth of ETH. A custom Ethereum smart contract, TokenSale.sol, will enforce the registration whitelist and individual purchase caps, allowing each registrant to capture a small chunk of this genesis trade.

Technical Diagram of TokenSale.sol

Registered to ENS: zrxsale.eth