iTEX

Category: Exchange
ICO starts
Oct, 1
ICO ends
Dec, 15

About

Itex was born with a clear idea, which is achieving true decentralization with an optimal and better control of the existing manipulation on the market; for this reason we are going to be an HYBRID Exchange , offering some of the benefits and technological advantages of the decentralized exchanges to generate great liquidity, security, customer protection and a good quality support.

Social

Documents

Whitepaper

Contacts

Itex Exchange

Australia
Sydney

Milestones

  • 2018 April
    Definition of the project; Web creation.
  • 2018 July
    Private Presale.
  • 2018 October
    Alpha version, Public Presale.
  • 2019 January
    Beta version.
  • 2019 April
    Pro version.
  • 2019 July
    Launch of financing platform.
  • 2019 October
    Launch of btc/usd features.
  • 2020 January
    Launch of altcoins futures.
  • 2020 April
    Free market.

Team

Board of directors

Alana Ruiz
CEO

Advisors

Jared Sierra
Advisor

Team

Diego Manso
Middleware Administrator and Devops Engineer.
Catalina Beltran
Digital Content and Social Media
Nathan Dunn
Senior Domain Architect
Alejandro Letona
Chief Operation Officer

ICO information

ICO starts (UTC)
2018-10-01 12:00
ICO ends (UTC)
2018-12-15 11:59
Whitelist
No
KYC
Yes
Product status
Beta
Est. product launch
18 months
Main competitors
Not specified
Payments
TDS Tokens Bitcoin Ethereum Bitcoin Cash Dash Dogecoin Komodo Litecoin Waves
Social media
Not specified

Token information

Symbol
ITEX
Platform
Ethereum
Unsold tokens
Not specified
Token lock time
Not specified
Soft cap
400 000 USD
Hard cap
9 400 000 USD
Circulating supply
200 000 000 ITEX
Total supply
1 000 000 000 ITEX
Max bonus/discount
20%
Token value
0.02 USD
Token issue
Not specified

Dates and stages

Stage Type Start date End date Amount Min. purchase / Amount from Max. purchase / Amount to
Round 1 Bonus (by amount) 2018-08-21 12:00 2018-09-30 12:00 5% 150000 349950
10% 350000 749950
15% 750000 1249950
20% 1250000 400000

Ratings and reviews

TokenDesk rating
7.3
Reviewed and rated by
0 experts|0 members
TD team
7.3
Vision
9
Product
6
Team
7
Profile
7
TD team
7.3
Vision
9
Product
6
Team
7
Profile
7
Tokendesk team Admin
7.3
Vision
9
Product
6
Team
7
Profile
7

Vision: Itex.exchange have a vision to solve cryptocurrencies market decentralized and centralized exchanges issues: low liquidity, security and market manipulation, create better customer support services, KYC, currencies pumps and dumps by whales, fees. According to Itex.exchange source only 2% of 1,000 traders managed to be profitable in 2018 January – August. Itex exchange main goal is to create a more fair, transparent environment for cryptocurrencies community. Cryptocurrency projects that will be listed only on Itex exchange will offer  more stable trading. Main goal of an exchange is to help decentralization and control the manipulation.

 

Product: Itex.exchange product will be a hybrid cryptocurrencies exchange. Exchange will be offering several of the main benefits of decentralized and centralized exchanges as a instant  trades avoiding any possible losses that can affect the user, multiple trading markets with BTC, ETH, USDT, BCN, ITEX, also project aims to include 10 fiat currencies by 2020, also this project will provide some security and privacy by monitoring listed project promises implementation. For login protection exchange will be offering 2FA, device approvals, email confirmations, re-captcha and fingerprint options. Also, Itex.exchange will be controlling the suspicious movements of the market to prevent market manipulations, such as pump and dump. Itex exchange aims to implement live support to get the fastest support in market. Exchange will have a small fees only of 0.5-1%(depends if You own any ITEX token) for successful operations. Alpha version is planned for Q4 2018. However, this project has a very poor whitepaper and a lack of explanations how everything will be implemented. Also, whitepaper the main project document includes only poor technical explanation how every features will be implemented.

 

Team: Itex.exchange consists of 5 team members and 1 advisor. Team includes CEO, Middleware Administrator and Devops Engineer, community manager, Senior Domain Architect, Chief Operation Officer. We can see that this project have a small team and a lack of business, marketing, IT, crypto involved members.   Almost none of team members had any experience or were involved into cryptocurrencies, this is a bad sign as this kind of project requires a lot of knowledge and experience about cryptocurrencies markets. The team looks not competitive against other cryptocurrencies exchange.   

 

Token: ITEX will be an ERC20 token built on the Ethereum network. Token will be used as a currency in the exchange to trade with other main currencies. Token will be used to vote for listings, holding and freezing to participate in the fee distribution, as a market, discounts and etc.   The token will have a supply of 1,000,000,000 tokens. Only 20% of tokens will be sold during private and public sales. Team has allocated 15% of tokens, which looks quite big number for a small team. Also to attract users team has allocated 15% of tokens for bonuses and referrals. 50% of tokens has been allocated to Trading and mining  without any deeper explanation. 

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iTEX

Category: Exchange
ICO starts
Oct, 1
ICO ends
Dec, 15
TokenDesk rating
7.3
Reviewed and rated by
0 experts|0 members
TD team
7.3
Vision
9
Product
6
Team
7
Profile
7
TD team
7.3
Vision
9
Product
6
Team
7
Profile
7
Platform
Ethereum
Token
ITEX
Token value
0.02 USD
Hard cap
9 400 000 USD
Payments
TDS Tokens Bitcoin Ethereum Bitcoin Cash Dash Dogecoin Komodo Litecoin Waves

Write a review

You must be logged in to write a review.