Approaching the end of the second 30-day period, and following the first issuance of NEC to traders on Ethfinex, it has now been possible to collect further information and observe the effects of the market making incentive.
Nectar entitles holders to claim rewards from fees generated on Ethfinex, maintain a stake in the long-term success and participate in future exchange governance. The ownership will become more decentralised as trading grows, resulting in a hybrid exchange platform owned and run by the community.
We are pleased to announce the launch of our Nectar Program — an initiative to reward traders with NEC, paving the way for the decentralisation of Ethfinex.
We’re excited to introduce to you the Ethfinex token sale platform — a crowdfunding platform designed to enable secure and effortless contributions to ERC20 token sales, directly from your Ethfinex wallet.
As we approach the launch of Ethfinex and the Nectar token, we are now running
Ethfinex is set to launch soon, and this launch will be followed by a gradual transition towards full, scalable decentralisation powered by the Nectar (NEC) token.
Despite regulatory uncertainty, ICOs have quickly cemented themselves as the key funding mechanism for blockchain-based businesses.
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