DAEX

by DAEX Foundation

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Ignis

by Jelurida

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Matic Network

by Matic-Network India LLP

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DAEX

by DAEX Foundation

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Ignis

by Jelurida

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Matic Network

by Matic-Network India LLP

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What problem does this service solve?

DAEX's decentralized clearing system increases the security of centralized crypto exchanges.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.Matic provides scalability for DApps and smart contracts.

Token Stats

Company Description

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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