ENEDEX is the world’s first Polkadot Moonbeam cross-chain DEX for energy trading providing an easy way to kickstart new projects and raise capital. ENEDEX enables a market for minters to safely issue over collateralized synthetic assets, a market for traders to gain exposure to them, and a platform for entrepreneurs to develop new projects accelerating the energy transition creating a sustainable environment.
ENEDEX is giving away 1 rare green energy Elon Musk animated NFT to one lucky participant. Complete simple social tasks to earn entries. One lucky participant will be randomly selected on June 28th, 2021 to win the rare NFT.
Now complete the social tasks mentioned on the giveaway page to earn entries.
You will get a maximum of seven entries.
One lucky participant will be randomly selected on June 28th, 2021 to win the rare green energy Elon Musk animated NFT.
For more information regarding the giveaway, see this Medium article.
Pioneer in Energy Trading
ENEDEX is the world’s first crosschain DEX focusing on trading of energy assets. Being crosschain and quantum resistant brings superior interoperability and cybersecurity to its users.
Comprehensive Trading Interface
On top of being a decentralized exchange, ENEDEX provides leverage and margin trading, energy options and futures trading as well as automatic trading API with data services.
Seamless Access to Capital
Be the first to kickoff your blockchain renewable energy project by raising capital via ENEDEX Kickstarter. Apply for listing now!
Decentralization of Energy Industry
Current world of energy is dominated by oligopolies and intermediaries which control access to energy production, consumption and trading. Energy markets are predominantly traded on centralized exchanges not readily accessible for everyone, and thus creating an imbalance of power. Energy Future and Option contracts are traded in bulk volumes which makes it hard to trade by individuals.
ENEDEX brings a new approach to energy markets through decentralization and democratization by providing equal access to anyone with internet connection. ENEDEX enables fractional tokenization of energy assets with focus on green and renewable energy.
Low Transaction Fees for Green Energy
We are aware that Proof of Work (PoW) based blockchain ecosystems consume tremendous amounts of energy that could have been used for better purpose. Energy inefficient ecosystems dominate the cryptocurrency and DeFi markets now. A lot of gas is being spent unwisely. ENEDEX is building on crosschain technology starting with Polkadot Moonbeam parachain to enable seamless experience to the users while saving transaction fees and making world a greener and cleaner place.
High transaction fees and the negative impact to the environment
They are aware that Proof of Work (PoW) based blockchain ecosystems consume tremendous amounts of energy that could have been used for better purpose. Energy inefficient ecosystems dominate the cryptocurrency and DeFi markets now. A lot of gas is being spent unwisely. ENEDEX is building on crosschain technology starting with Polkadot Moonbeam parachain to enable seamless experience to the users while saving transaction fees and making world a greener and cleaner place.
POLKADOT: The base for ENEDEX
The Polkadot protocol is designed to become a scalable multi-chain technology. Unlike the usual blockchain implementations, centered around a single blockchain and with varying degrees of generalization depending on the applications, Polkadot wants to offer a relay-chain, a base that can host a large number of validable and globally consistent data structures.
Polkadot can be considered similar to a grouping of independent blockchains (containing for example Ethereum, Ethereum Classic, Namecoin and Bitcoin) except for 2 important properties: combined security and the possibility of carrying out transactions between chains without the need for trusted third party. Polkadot is considered “evolutionary” in its very conception.
A problem deployed on Polkadot can be substantially distributed and parallelized over a large number of parachains. Knowing that all aspects of each parachain can be driven in parallel by different parts of the network, the system is thus considered scalable on a large scale.
Polkadot was created to connect private / consortium channels, public / permissionless networks, oracles and any other technology in the Web3 ecosystem not yet developed. Via Polkadot’s relay chain, focused on scalability, governance and interoperability, the protocol provides access to an internet of independent blockchains that can exchange information and perform operations without trusted third parties.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.