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Sergei Vlazhin

Finance expert
Joined January 2022
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ExenoExeno was edited bySergei Vlazhin profile picture
Sergei Vlazhin
June 7, 2022 11:59 am
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Exeno

Exeno positions itself as a multi-tool, cryptocurrency ecosystem whose main goal is to combine cryptocurrencies and e-commerce.

Article  (+1432 characters)

The main product of Exeno is a marketplace where you can buy real goods for cryptocurrency. The store presents household appliances, toys, household and sports goods. However, you can only buy using Binance Pay and Metamask digital wallets. Payment is made in US dollars, bitcoins, ethers or tether. The maximum value of the goods - $3180

The project also has a number of additional features, including staking of its own EXN Coin. It was released in the second quarter of 2021 and has been used to keep the blockchain running ever since.

The stake-back rewards program works separately, which repeats the Tax Free money back mechanism. When buying certain goods with EXN Coin, the buyer can receive a certain percentage of cashback.

R&D

The project is actively engaged in the development of crypto commerce (c-commerce), paying attention to all aspects of this area, including:

  • Is aiming to solve the challenges with cryptocurrency still not being used as much as fiat for online commerce transactions;
  • New approaches to digital commerce platforms and websites;
  • Is focused on a multi-blockchain approach;
  • New complimentary features that span areas such as ID handling, messaging, bridges,
  • commerce features, and other innovative approaches. All to be dependent on the exeno coin;
  • New methods of payment;
  • Is a company that has conceptualized, developed, and deployed products within the crypto commerce industry already and continues to do so.
Infobox
Instagram URL
https://www.instagram.com/exeno.official
Facebook URL
https://www.facebook.com/exeno
LinkedIn URL
https://www.linkedin.com/company/exeno
Twitter URL
https://twitter.com/exenoofficial
ExenoExeno was created bySergei Vlazhin profile picture
Sergei Vlazhin
"Created via: Web app"
June 7, 2022 11:52 am
Exeno

Exeno

Exeno positions itself as a multi-tool, cryptocurrency ecosystem whose main goal is to combine cryptocurrencies and e-commerce.

Cryptocurrency exchangeCryptocurrency exchange was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 24, 2022 4:09 pm
Initial Dex OfferingInitial Dex Offering was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 24, 2022 4:08 pm
Initial Coin Offering (ICO)Initial Coin Offering (ICO) was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 24, 2022 4:07 pm
Initial Exchange Offering (IEO)Initial Exchange Offering (IEO) was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 24, 2022 4:07 pm
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TGE
was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 24, 2022 4:06 pm
‌
TGE
was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 22, 2022 11:30 am
‌

TGE

This is a way to attract initial investment in the project by distributing tokens to the first owners.

Article  (+1858 characters)
Decription

TGE allows decentralized application owners to raise funds by issuing tokens. At the same time, owners do not have to have their own blockchain network - they can create their own tokens in other networks.

With TGE, owners are required to indicate what type their tokens are: utility token or security token. The former provide access to certain services of the company that produces them. For example, you can access a closed customer database, scientific information, and so on. Some companies attach voting rights or the possibility of receiving dividends to such tokens. The second type, security token, includes tokens that receive value from the tradable assets pledged in them. Such tokens can be created for exchange-traded shares, bonds and other securities. They are traded on crypto exchanges in much the same way as ordinary securities.

Differences between TGE and ICO

The main difference between TGE and ICO is that token holders are not necessarily the owners of the blockchain. While ICO involves the launch of the blockchain and the distribution of digital coins that are in circulation.

The second important difference is that a token is a digital signature for some object - material or digital. While a digital coin is an asset in itself, whose rate is quoted depending on its popularity and prevalence.

The third difference is that tokens can be transferred from one blockchain to another with virtually no loss in value - especially if there is a real asset behind the token. Digital coins can also be transferred to other blockchain networks, however they lose their value.

Criticism

Many users believe that ICO and TGE are essentially the same process and should not be different. Also, there is a lack of legal regulation of most types of tokens - when buying them, no one guarantees you that you are buying the right to any asset.

Initial Exchange Offering (IEO)Initial Exchange Offering (IEO) was edited bySergei Vlazhin profile picture
Sergei Vlazhin
February 2, 2022 3:55 pm
Article  (+431 characters)
Who spend IEO?

Initial Exchange Offering spend only centralised exchanges like Binance, FTX, Coinbase, etc. Every CEX has its own rules. Most of them don't allow conduct next investing rounds in other places.

Useful links:
  1. Coinspeaker created a list of all lauchpads with different types of initial offering (IEO, ICO, IDO).
  2. ICOmarks is a old site with comfortable filters.
  3. In CoinCodex information constatly updation in real time.

Initial Exchange Offering (IEO)Initial Exchange Offering (IEO) was edited bySergei Vlazhin profile picture
Sergei Vlazhin
January 28, 2022 1:33 pm
Article  (+994/-389 characters)

The objective of ICOs and IEOs are essentially the same, which is to offer tokens to a large group of investors. An IEO is basically an ICO except that it is launched and managed by an existing exchange instead of the organization that created the token. The exchange holds and sells the token on behalf of the project team. This small change has significant effects on the entire process.

IEO has replaced ICO (Initial Coin Offering) as it allows solving the main problem - getting rid of fraudulent money-raising schemes. If in ICO each team, including fraudulent ones, can attract investors' funds only with the help of an advertising campaign, then in IEO it is required to pass verification from the centralized exchange (CEX), which comprehensively evaluates the project. This IEO is very similar to the listing process on a regular exchange.

However, IEOs are often criticized for the extremely biased attitude of crypto exchanges towards new projects. Often they put forward the requirement to trade only on their platform, to have a sufficiently large level of funding (even before the launch of the IEO), etc., which seriously limits many projects. Therefore, IEO has recently been replaced by Initial Dex Offering (IDO) is a new way to attract investors' money to crypto projects. The main difference from ICO is that the project is listed on a decentralized exchange (DEX).