A decentralized exchange (better known as DEX) is a peer-to-peer market in which trades occur directly between crypto traders. Decentralized exchange (DEX) is one on the key challenge features, with the maximum amount of capital locked out compared to other challenge protocols.
DEXs allow user to exchange or swap one token with another token, without a centralized intermediary or custodian.
Decentralized Exchange is one of the essential part of Decentralized Finance. At Speciex, we are developing the Fastest and, the most Powerful Decentralized Exchange ever.
Non-fungible tokens(NFT) and the technology behind them have boosted the market value of digital assets. These digital assets in the form of JPEG and PNG files are being sold for millions of dollars, companies are accepting payments through NFT and cryptography, and brands are looking for more ways to take advantage of NFT.
Driven by these changes, the LNP market has grown to a market capitilazation of $23 billion last year. NFTs are becoming increasingly popular for their embedded value in metaverse projects, where most brands invest.
Speciex, intended to introduce a marvelous NFT marketplace to our community in the near future.
Tech giants like Microsoft and Facebook (Now known as Meta) are working to build the technology associated with interacting with virtual world, but they are not alone. Many other large companies, including NVidia, Unity, Roblox, and even Snap – as well as a variety of smaller companies and startups – are building the infrastructure to create better virtual world that more closely mimic our physical life.
Since metaverse arrived, more and more companies in the world are rushing to create the best metaverse platform and, we aim to introduce metaverse to our community immediately following the development of the Speciex’s decentralized exchange.