Remember that thread telling you that Walton was going to go 10x? Well here's another one. If you're reading this then you are early to this. Consider yourself lucky if you follow this advice and make sure you spread the word.
The coin in question is Loopring (LRC).
Loopring is currently valued at $34m. It's a decentralised exchange platform that is under the radar - it will blow away kyber, 0x and the other competition.
Key advantages being as follows:
- ORDER SHARING
Your order will be able to split into smaller sub orders in order to be able to buy the best possible price of the coin from different exchanges, shielding you from counterparty risk.
- RING MATCHING
Increases liquidity and improves order matching through creating a ring based loop of multiple orders to match. This is unlike other exchanges who simply match up buy and sell orders (like etherdelta - a common pain point for most ED users).
- CROSS CHAIN PROTOCOLS
Yes you heard it here. Unlike ED or similar exchanges, LRC is going to be able to host coins from multiple blockchains. Currently it can host ERC20 coins but it has close ties with the NEO and QTUM team. These will be in the pipeline.
Bonus Points
- Da Hongfei is an advisor
- Daniel Wang the founder is a former Google tech lead
- 3 other team members are ex-google
- 1 other team member is ex-paypal
- Advisors are ex-google
- Team is close to NEO/QTUM team
- Decentralized
- Tokens actually have a use and incentive to increase in value
- Rapidly growing community
I will leave you with the teams description of the project:
Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future.
