Premiere took place: 2018-08-01
ZRX was created on the initiative of Will Warren and Amir Bandeali. The project was founded in the hope that the world will allow the exchange of each asset within the ETH block.
The team behind the project 0x is a group of people from all over the world fascinated with the decentralization of technology and having extensive experience in the industry and beyond.
0x works on the open-source principle. ZRX Tokens were realised on 15th of August, 2017, and the total, permanent stock of the token is 1,000,000,000 ZRX. They also enable the creation of a smart contract. Market capitalization of this token for July 2018 is 520 513 119USD.
The goal of project 0x is to create the possibility of exchanging all possible goods from gold to digital goods in online games.
ZRX stands out because of it's protocol, in which orders are transported off-chain, by the relayers, eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Any user can build a relayer.
0x protocol is a pluggable building block for dApps (decentralized Apps) that require exchange functionality. Due to that, ZRX can be used in web applications and smart contracts.