RATE Group | ExCraft Launches First DAO, User-Governed Cryptocurrency Exchange
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ExCraft Launches First DAO, User-Governed Cryptocurrency Exchange

10 Aug ExCraft Launches First DAO, User-Governed Cryptocurrency Exchange

Posted at 23:18h in Cryptocurrency News by

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Hong Kong, 10 August 2018 – ExCraft, a cloud-native cryptocurrency exchange based in Hong Kong that implements a DAO governance ran by the users and pools, was launched today. ExCraft stands out by being a community and pool focused exchange, rewarding traders through a combination of “Proof of Existence” (PoE) and “Proof of Stake” (PoS) mechanisms, allowing power-users to create pools, vote for new project listings, and even create dedicated pool exchanges based on its immutable and fair PoE and PoS meritocracy.

The first DAO-based exchange – “ExCraft, Craft Your Own Exchange!”

ExCraft introduces the first decentralized autonomous organization exchange managed based on a single or pooled user trade volume meritocratic Proof of Existence voting system. Verified KYC (Know Your Customer) users will be able to vote on listing new projects to be sponsored in the exchange. The ExCraft community values all users input as well as those who trade most frequently.

The…

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