Links
LinkedIn (not available)
Telegram (not available)
Overview
ICO Opening Date
May 23rd, 2017
ICO Closing Date
Jun 27th, 2017
Description
NVO is a decentralized exchange that operates through two components. The first one is a multi-cryptocurrencies open source wallet. All keys are created locally on user’s device and never sent to any server.
Users control their private keys, can send and receive funds, export wallet, and encrypt the wallet with a password or seed phrase. Developers can develop and add new assets through an open plugins system keeping the wallet lightweight.
The second component is a validator hosted on the Safenetwork. Users will connect to the Safenetwork through the wallet to exchange. An application will match the orders issued by the users and check all transactions and order informations are valid. Unlike centralized and semi-centralized exchanges, there isn’t a wallet acting as a relay. Transactions are processed simultaneously through an order matching engine from one wallet to another. The validator on the Safenetwork will check if the transactions are valid prior to being exchanged. The orders are then matched and transactions broadcasted in their respective networks. The validator process raw transactions and doesn’t hold any private keys or assets nor can it sign transactions resulting in a trustless decentralized exchange using the Safenetwork to validate orders.
Technology
Blockchain Platform
Counterparty
Team
Members
Ton Bi - CEO, founder
Yanni Braggui - Lead Developer and Co-founder
Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.
NVO News
June 14th, 2017
The Decentralized Exchange will allow users to take full control of their assets during the exchange with no need for a third party to control the private keys.
May 15th, 2017
New Venture Opportunities (NVO) will be raising funds to design and develop their blockchain-based Decentralized Exchange in a crowdsale starting in May 22 2017.
By Bhushan Akolkar on July 16th, 2019 This will be for the first time that any crypto platform is launching futures contracts for pre-launched assets. Each DOT token is available at $75 and can be purchased using CoinFLEX’s native FLEX tokens.
July 13th, 2019
With this tremendous growth and the widespread availability of crypto technology, STOs may soon be a viable way for most companies to raise revenue. However, some aspects of the STO bear a bit of explaining beforehand.
Ethereum co-founder’s Polkadot blockchain interoperability project has closed its private sale to fund its development claiming a $1.2 billion valuation. Analysts think that it might not have raised the targeted $60 million from that sale.
With a view to ensuring fairness and transparency, Algorand has conducted its token sale in the format of a Dutch Auction raising over $60 million.
Is Venture Capital in crypto still a thing? With the obvious benefits, what token offerings bring to the table for both subscribers to token offerings and token issuers?
The U.S. Securities and Exchange Commission is suing messenger app maker Kik for $100 million ICO for its Kin token which they think was an unregistered securities sale. The regulator appears to have built up a strong case in its initial court move.
In this post, by blockchain expert and professional tech researcher Gregory S Mathew, you’ll find what Initial Exchange Offering (IEO) is, how it differs from ICO and why this new fundraising model is widely considered to be crypto industry’s next disrupter.
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