LucidExchange uses blockchain technology to provide its customers with an immutable ledger that powers the most cost-efficient and comprehensive trading platform available in the cryptocurrency marketplace.. Lucid Exchange ICO rating – not rated.
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Ended ICO : 30/01/17 – 30/03/17
About Lucid Exchange ICO (token sale)
In the winter of 2016, we set out on a mission to transform the trading industry. Our goal is to become a leading beacon in the new Internet of Money world, using blockchain technology to create a fair distribution of risk. After months of research, meetings, development and legal work, we are proud to introduce the LucidExchange trading platform.
Lucid’s mission is to offer a blockchain-based, open source protocol that will power-up frictionless trading platforms in the US and around the globe. A true peer-to-peer trading protocol, embedded with a full suite of risk-assessment mechanisms – a trader-focused alternative to today’s highly centralized capital market systems.
The Lucid protocol creates unique distributed ledgers for each asset traded in the Lucid ecosystem. It converts the terms of each trade into self-executing smart contracts which automatically maintain risk and margin requirements.
Lucid traders will enjoy full transparency, full wallet control, immutable ledger protection, asset-backed tokens, instantaneous settlements, and the ability to swap assets within the Lucid ecosystem frictionlessly and at minimal transaction costs.
TradeX (TRD), Lucid’s native token powers the trading platform ecosystem and provide individuals with the ability to trade in a wide range of asset-backed tokens.