A while ago @canesin asked if the community was able to help out with a SWOT analysis on companies listed in an image posted by @HarrisonP. To facilitate such an effort I have made a spreadsheet where we can pool our common knowledge into an easy to read format.
The link to this Google Sheets doc can be found here
We all want NEX to succeed for both selfish and altruistic reasons! With a real community effort, our combined research can save the team valuable time, allowing them to focus on delivering better products.
A dedicated email; neonxchange@gmail.com (yes I know, very original) has been setup for anyone to send their research over to. Emails MUST be in plain text format, I will not be opening any documents so please just include your research in the body of the email. Alternatively, copy/paste your SWOT breakdown on this thread. Claim topics by voicing your interest here.
My intention is to open this page up, allowing other collaborators to edit/add so reach out to me on the community site (handle = elliptic.curve) if you’re interested. I am full time at university so I may take more than a day to reply to messages.
@elliptic.curve just to clarify I did this analysis already of several of those players, what I want to see is what the community think and view as SWOT for those … if you can include NEX in the mix is even more interesting to get community perception.
@anon73805886 the pitchdeck only has a list of features for comparison not a SWOT - you can look at this site for examples, so the benefits there are implicit and there is no honesty in saying what are the strengths and opportunities of their competitors. But I get it, it is a pitchdeck
Added NEX to the document and will add some of my thoughts, would be interesting to see what others think. Which players in particular are you interested in? I was under the assumption that a SWOT for all those companies was of interest.
Very good initiative, i think our community will be happy to take partin the community assigment. NEX is working toward the direction we are all expecting. They are really caring about their community. LOVE NEX.
Happy to
Other than using a google+, you can post your analysis here or send it to the dedicated email. I’ll be sure to credit the author in some way.
As of yet no. I have filled in the sections myself but I was expecting some contributions from other community members as I’m at uni full time. Maybe if we all band together and smash this out before devcon?
Used and followed GBX for a short while last year.
They’re a centralized regulated exchange.
Strengths:
Regulated exchange
Deep cold-storage They store their assets permanently offline.
Insured against theft
Token Launch Centre (GBX GRID) They have a platform for “high-quality” token sales that have been subjected to an “institional grade, rigorous approval process”.
Easy token sale participation Once you’ve been KYC-ed once you can participate in token sales held on GBX GRID without having to submit KYC again.
Mobile app on iOS and Android
Weaknesses:
Low volume
Rather poor/mediocre UI (imo, also some things don’t work like the depth charts, not sure if it’s just on my end)
Extremely small / inactive community I do not see much activity on their Telegram, Reddit etc.
After reviewing all 48 progects in the full Coingecko list of Decentralised Exchanges, it appears that only 8 of them appear to have real BTC trading. i.e not wrapped wBTC.
I’d like to understand what approaches each of these are taking and do any of their solutions compete with the speed and security of Nash.
Consider this as a threat review to one of Nash’s key selling points - Fast, decentralized BTC trading.
For example, Nash’s solution is:
BTC Security: BTC locked in a Hash Time Locked Contract (HTLC).
Matching: Off chain matching engine. Result: Secure and fast BTC trading.
Does anyone know how these BTC solutions on other projects compare with Nash?
… if you can include NEX in the mix is even more interesting to get community perception.
