The 68th Weekly Report on ONEROOT
(Apr. 13, 2019 — Apr.19, 2019)
1. DEX Development Program
Last week, the new ONEROOT-DEX program was announced. We expect to launch the upgraded version and the new web version of the Rootrex App in the first half of 2019.
In the new version, we will add the self-service token listing function, with the listing right returned to the community. The system will automatically review the Ethereum-based smart contract submitted by the community member, to determine the listing of tokens. At the same time, we promise not to charge any listing fees, which can save the projects the expensive fees and brings tangible benefits to the high-quality projects that have not yet matured.
The new version of Rootrex is expected to cover 200+ mainstream tokens in three months after its launch while satisfying the needs of most users. In the future, the more tokens can be traded on Rootrex, the higher the liquidity and the order efficiency are. Deep liquidity is also a guarantee of price stability. The larger the transaction volume, the less likely the price is to be affected by a single transaction.
In the new ROOTREX, we will also solve the problem that some users currently face, being that they can only connect with DEX via VPN. The Rootrex app will also be made available so users can download in the App Store of various countries.
In conjunction with all of the above, we will also launch the DEX in Dapp version this quarter, with the expectation to access 10 mainstream wallets this year.
2. Retweet Rewards Activity of Touch
The Touch cards collecting activity lasted for two weeks and ended at 24:00 on Apr.19, 2019 Beijing Time. We will distribute a total of 10,000 RNT to the lucky man who has gathered the five cards in 3 working days. Don’t forget to check your rewards.
Our retweet rewards activity on Weibo and Twitter have concluded successfully too. We have randomly drawn 15 users as winners, and each one will receive 50 RNT. Don’t forget to send the screencut of your RNT receive page on your touch wallet. The rewards will be distributed in three working days.
3. Marketing Activities
On April 13th, Tony Sun, Chairman of the ONEROOT Foundation, was invited to participate in the 2019 New Opportunities in Blockchain meetup, which was sponsored by Daling Think Tank and Yuhu Information Technology Co. Ltd, co-hosted by Jinse Finance, C Blockchain Group, WBF and ONEROOT. Tony said that one of the application scenarios where digital currency was easy to be used was the game industry. “The basic revenue of this industry is very considerable, meanwhile, the development engineers are very strong. If a game is endowed with stronger financial attributes through digital currencies, the scene of the game will be highly improved.” He said that If there were no new users, the prospect of this market would not be so optimistic.
On April 16th, ONEROOT was invited to attend the 2019 Industry Hot Topic — Defi event hosted by blockcast.it and PANONY. The guests discussed in depth the ecosystem and the market focus of the decentralized finance, as well as its practice in specific fields and the ultimate pursuit of decentralized finance.
- About ONEROOT -
As a blockchain technology solution provider, ONEROOT has developed a range of solutions, including R1 protocol, DDEX, DCEX, public chain and user terminals, meanwhile, has provided a developer-friendly toolkit, greatly lowering the threshold of product deployment and secondary development. Upholding the spirit of open source and sharing, ONEROOT promotes infrastructure construction with product development, breaking the barriers of technology and capital. By empowering community to promote industry development, ONEROOT allows more people to enjoy the convenience of blockchain.
BXA (Blockchain Exchange Alliance)
BXA is the world’s largest digital asset exchange alliance. With the full range of technology solutions developed by ONEROOT, BXA members from different countries and regions can share transaction data securely, continue to be compliant with local regulations, and complete settlements quickly. As a result, those members are linked together with the largest order book and deepest liquidity, being financial entities with global influence.
As a digital currency exchange with the most users in South Korea, Bithumb is one of the largest one around the world. In October 2018, Bithumb partnered with ONEROOT and launched a distributed decentralized exchange — Bithumb DEX, the world’s first decentralized exchange serving millions of users worldwide.
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