

Hi guys, i found another interesting project that is still hiding from many eyes. As you all know there are dozens of crypto ICO's launching every day. Lot of them are advertised all around the crypto-related internet pages, but only 1-5% of them will succeed in long term. I have noticed that the most successful ones are those who do not advertise, but gain community driven popularity. So let me introduce Project0x, which is open source protocol that allows decentralized crypto-assets exchange without any local instance and less fees. Many of us have faced problems even with most popular exchanges like Bittrex, Poloniex, Bitfinex and others. Even a week ago i lost 0.4BTC potential gain, just because of 14h delay on my ethereum deposit to Poloniex exchange. Also everyone remembers Mt.Gox back in 2011 when thousands of people lost their funds. More recent news was BTC-e shutdown and Bithumb hack! Actually major bitcoin exchanges are hit by cyberattacks almost every day and this is a huge threat to all cryptocurrency holders. So in my opinion projects like 0x are very perspective in near future, when its more and more risky to use usual, centralized exchanges!

From Amirs Bandealis post on medium network you can understand the main aspects of this protocol "Øx is an open protocol that facilitates low friction peer-to-peer exchange of ERC20 tokens on the Ethereum blockchain. The protocol is intended to serve as an open standard and common building block, driving interoperability among decentralized applications (dApps) that incorporate exchange functionality. "

Source: "https://blog.0xproject.com/introducing-0x-d51d5231ba53"If you are interested please read whole post or visit 0x homepage https://blog.0xproject.com/.

About 0x project, there was a token called (ZRX) where investors could buy 5906 ZRX tokens for 1 ETH. There are 2 main aspects that will drive ZRX tokens price in future. I have joined their official slack channel and there was said that In the 0x protocol, the ZRX token has 2 main utility functions: