OneRoot Network

by OneRoot Foundation

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DAEX

by DAEX Foundation

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UMA Token

by Risk Labs

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OneRoot Network

by OneRoot Foundation

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DAEX

by DAEX Foundation

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UMA Token

by Risk Labs

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What problem does this service solve?

The OneRoot Network wants to create a development platform for DApps.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

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.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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