NASH - THE SLEEPING GIANT HAS AWOKEN

P/S: NASH IS HAVING A REGISTRATION PROGRAM FOR THEIR NEW USERS. REGISTER HERE

In 2018, there were many cryptocurrency transactions have been formed and come into operation, besides, a variety of large - scale trading platforms with advantages also emerged. 2018 is also the year witnessing a series of hacking cases of trading platforms, which makes investors very confusing. The fact investors search for a trading platform ensuring factors such as security, high liquidity, prestige is an urgent issue. Unfortunately, it seems that not every trading platform has the ability to achieve these factors. However, it is not easy to convince investors to believe only by the whitepaper and professional web design. The main problem here is how to approach and prove their superiorities. One of the projects receiving attention from investors is NASH - a decentralized trading platform built on the NEO blockchain platform.

WHAT IS NASH?

NASH is a decentralized exchange, offering trusted off-chain trade matching with on-chain security and payment services. NASH platform is built on a completely new protocol developed within the NEO ecosystem, which utilizes the best features NEO platform has to offer. NASH will consist of a reference exchange application, which will make it easy for developers building exchanges and payment services, to integrate with the NASH protocol.

NASH’s MISSIONS, VISION AND VALUES

According to the CEO of NASH, NASH was created to empower users, which means that users will have full control with their property during the transaction as well as in the money deposit and withdrawal without the interference of NASH. Most importantly, all users have to follow the regulations to create a completely decentralized transparent trading environment. By these ways, NASH wants to give users a completely secure trading platform for everyone. And this is the thing that users need when using trading platforms.

NEX now becomes NASH

The community already knew NEX and was familiar with this name. However, the founding group did have a legal problem with this name. That’s why they decided to change the name, just to avoid wasting time for legal litigation, and they turned the name into NASH.

FUNCTIONS OF NASH

Their distributed off-chain matching engine provides unparalleled functionality while leaving users in control of their assets.

• Full Control - With NASH, you control your funds at all times.
• Fiat gateway - Buy digital assets with national currencies and trade them on NASH exchange. NASH global network of banking partners makes NASH the first decentralized exchange with fiat on- and off-ramps.
• Designed for everyone - NASH interface is accessible to anyone, even people who have never used an exchange before.
• Unparalleled performance - NASH can compete with the speed and volume of centralized exchanges.
• Cross-chain trading - NASH isn’t limited to just one blockchain. NASH offer trading across a number of chains and aim to support all major digital assets.
• Complex orders - NASH off-chain matching engine can handle complex order types, such as market and limit orders. NASH plan to offer margin trading in the future.

NASH’s ADVANTAGES

Introducing the project and receiving positive feedbacks from community for their great features of a decentralized trading platform on the NEO platform has brought NASH certain advantages because the NEO community is looking forward to a professional platform with high liquidity.
Another advantage is that NASH team and their advisory boards are all influential people in the NEO community and the electronic money market.

CHALLENGES

However, the emergence of many trading platforms with the best security state to avoid being hacked will bring NASH a lot of challenges when it officially comes into operation.

-Competitors

First of all, their top competitor – Binance, is going to launch Binance DEX – a decentralized trading floor. This is one of the greatest expectations from more than 6 million users at Binance, because Binance DEX will create a transparent environment and self-determination for their users. With a huge number of users and liquidity, this will be a big challenge for NASH.
Second, other competitors should also be focused are two decentralized trading floors on the NEO platform: Aphelion and Switcheo. However, after their launching, they still haven’t left a great impression on people. Their number of users is quite low and their liquidity is not high.

-The ecosystem on NEO

Currently, the number of tokens on the NEO platform is quite small, the number of listed tokens is not much. In order to have a large number of users, NASH needs to add other blockchain so that the number of coins and tokens can be increased, so that they will be able to compete with other exchange platforms.

WHY NASH?

With NASH, users will fully hold their assets and directly put them into this network to trade without having to provide their personal information. DEX's actions are maintained by nodes distributed worldwide and functional execution codes.
However, most of the decentralized exchange platforms are now facing a fundamental problem: user-friendliness. This prevents decentralized platforms from getting access to users all over the world. User’s experience on decentralized trading platforms is now less intuitive and difficult to use than traditional centralized exchanges. Besides, the current decentralized platforms also face other problems such as speed and liquidity, which makes them fall behind compared to other centralized platforms.
NASH is expected to be a secure exchange platform as well as quickly processes billions of trading orders for millions of users. And NASH is confident enough to make these things come true.

CONCLUSION

In a context that the risk of losing money from being hacked is making the traders lose confidence in the centralized exchange platform, decentralization is the future of the blockchain technology. The emergence of decentralized trading platforms is something that definitely happens sooner or later. At present, users need a platform which is easy to use and has high security, asset self-control as well as high liquidity. With their professional team, NASH is believed to be a success when it is officially launched.

P/S: NASH IS HAVING A REGISTRATION PROGRAM FOR THEIR NEW USERS. REGISTER HERE

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