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NVO

Cross-platform Modular Decentralized Exchange

NVO decentralized exchange is operated 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.

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Benchy 3.0
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~$7,790,556
value of tokens sold in ICO
Ended
Token
NVOT
Price in ICO
0.5190 USD
Country
ICO start
23rd May 2017
ICO end
27th Jun 2017
More on ICO
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About NVO

Secure


Assets are locked in wallets' local storage away from any server.

Integrated Platform


Dynamics of the platform allow us to bridge utilities from other projects, like the XRP/fiat gateway.

Asset-to-Asset


Trades are exchanged directly between wallets, without the use of proxy tokens.

Multi-Assets Storage


Users can enable as many different assets as they want through the open plugins system.

P2P


The key function of the NVO decentralized cryptocurrency exchange is safety. Your assets are never be held by NVO or any third party, but are instead directly transferred from one owner to another in a P2P model

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