Secondly, a Tron DEX is in the making, promising tremendous achievements.
Tron Watch Market
The ICO to raise funds for the brand new Tron Decentralized Exchange started on September 24th, and its primary focus is to create the most intuitive and fully integrated decentralized exchange.
The exchange is named Tron Watch Market, and it would allow its users to trade between TRX, TRX10, and TRX20 tokens in a secure, decentralized manner.
The ICO phase of the project has ended successfully on October 23rd.
For each TRX that was contributed, participants of the crowdfunding got 2 TWM (Tron Watch Market) tokens.
The amount of TRX coins that have been raised in order to fund this project was a total of 26,037,327.
Tron Watch Market, to become the fastest DEX in the world
The team that’s developing this project have explained their central plans and the reasons for which they chose the Tron network.
They say that this platform is amazingly fast. The team has also released the Demo version of the platform, and they have described it in the following words:
“The demo is running on Testnet, and all trades are being executed by our smart contract. This means that although it’s not real currency yet, what you see will function on Mainnet in the same way. We have a few bots actively trading on TronWatch Market, so sit back and watch the charts, order book, and recent trades for a minute…”
The team also offered a demonstration video of the platform that’s available on YouTube.
The central promise of the team is to leverage the power of Tron in order to create the best-decentralized exchange in the cryptosphere.
Considering that the Tron network is capable of 2,000 transactions per second, Tron Watch Market definitely has the potential to become the fastest DEX in the world.