Kyber Network ICO Review - Decentralized Exchange And Payment Service




The Token Metrics Podcast show

Summary: In this video, I review Kyber Networks's upcoming initial coin offering. I give Kyber Network a perfect score of 100% on version one of my spreadsheet. Kyber Network, an on-chain protocol which allows instant exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies (e.g. Ether, Bitcoin, ZCash) with high liquidity. KyberNetwork will be the first system that implements several ideal operating properties of an exchange including trustless, decentralized execution, instant trade, and high liquidity. Besides serving as an exchange, Kyber Network also provides payment APIs that will allow Ethereum accounts to easily receive payments from any crypto tokens. As an example, any merchant can now use KyberNetwork APIs to allow users to pay in any crypto tokens, but the merchant will receive payments in Ether (ETH) or other preferred tokens. Although running on the Ethereum network, Kyber Network’s roadmap includes supporting cross-chain trades between different cryptocurrencies using relays and future protocols like Polkadot and Cosmos. Ethereum accounts will be able to safely receive payment from Bitcoin, ZCash and other cryptocurrencies via our payment APIs, through this trustless payment service. Derivatives will be introduced to mitigate the exposure to the risk of volatilities for the users of Kyber Network Crystals (KNC) and selected cryptocurrencies. This will allow users to participate in the price movements synthetically. http://kyber.network Download My ICO Spreadsheet: http://ianbalina.com/spreadsheet Join My Telegram Mastermind: htto://ianbalina.com/mastermind Website: ianbalina.com Instagram: www.instagram.com/diaryofamademan/ Twitter: twitter.com/diaryofamademan Snapchat: www.snapchat.com/add/diaryofamademan Facebook: http://facebook.com/ianbalina Steemit: http://steemit.com/@ianbalina