Description

Overview:

ZKEX team is addressing the industry need of decentralized exchange, that will provide all the benefits of centralized ones without giving up the custody of assets. ZKEX is the place for professional traders that don’t want to give up their private keys, but be able to enjoy multi-chain order book, multi-chain trades, deep liquidity and no gas fees while trading o L2 (expect for deposit and withdraw of the funds). On ZKEX, you can trade without the risk of impermanent loss, unpredictable prices, slippage fees, or sandwich attacks from arbitrage bots. Project is currently in Alpha Mainnet stage, finalizing the minor aspects of the platform. V3 that will bring also perpetual contracts is expected in Q1 2024.

Positives:

• Strong backers that already joined this seed round – Crypto.com, L2, RockTree, Fenbushi Capital, NGC
• Core team has experiences from leading high-frequency market making team (Huobi, Binance)
• Team is addressing real industry need of solution that combines advantages of DEX and CEX
• Current stage of development – Product is already in Alpha Mainnet stage
• If everything goes according the plan, there will be no other private fundraising round

Negatives:

• Competition in the market
• Risk of not being able to bring necessary traction to the platform
• Team has strong presence in Asia, but do not have direct reach to projects and VCs around the globe. We already started connecting ZKEX to various VCs and entities, helping mitigate this risk.

Disclaimer

• • Risk of Loss: Investing in cryptocurrency projects carries inherent risks, including the risk of losing your entire investment. Be prepared to potentially lose all the funds you invest.
• • No Guarantees: There are no guarantees of profits, returns, or success when participating in projects. Past performance is not indicative of future results.
• • No Financial Advice: The information provided is not financial advice. Consult with a financial advisor if you are uncertain about participating.
• • Due Diligence: It's your responsibility to conduct thorough due diligence on the project, team and tokenomics before participating. Make informed decisions.
• • Community and Social Hype: Be aware that investment decisions based solely on social media hype or community sentiment can be risky and speculative.
• • Backup Your Private Keys: Ensure you have securely stored your private keys or seed phrase. Losing access to them may result in permanent loss of your assets.