Switcheo have emerged as an important part of the NEO smart economy, the decentralised exchange allows users to buy and sell NEP5 tokens easily and securely. In a recent update it has been announced a Switcheo partnership with O3 Labs.
O3 Labs have designed a cryptocurrency wallet and mobile app built specifically for the NEO smart economy. Much like other NEO wallets users can store and send NEO, GAS and NEP5 tokens via the O3 wallet. The Switcheo partnership with O3 will be part of the O3 dApp platform in which O3 users will be able to trade their tokens directly from their O3 wallets.
Switcheo will be the first exchange to join the O3 dApp platform and the two companies will pool their experience and knowledge in order to provide a smoother experience for all users within the NEO smart economy.What is Switcheo?
Switcheo is the first ever decentralised exchange to run on the NEO blockchain. Switcheo is one of the first NEP5 tokens and is part of what can only be described as the rise of NEP5 tokens. Switcheo is certainly one of the most exciting projects which will run on the NEO blockchain.
Switcheo had their ICO on 17th March 2018. They raised their max cap of $8,700,000 within 24 hours. There was not too much hype around this project given that they have a fairly small following on social media in comparison to similar projects. Most of the original hype was around Neon Exchange (NEX), however they are still yet to conduct their ICO and Switcheo is quickly cementing their place as the top decentralised exchange on the NEO blockchain.
See Switcheo v NEXWhat is O3
O3 is a community within the NEO smart economy, O3 offers a downloadable app which allows users to store and manage their digital assets safely and securely via their mobile device. Starting with the NEO blockchain, O3 targets offering a user friendly functions via a mobile wallet with plants to branch out into other blockchains. They ha...