Dopex

$DPX

There are 2 huge red flags with this project:

  1. They have a governance token. Governance tokens generally only attract people who care about the fiat value of the cryptocurrency and not the longevity of the project. The best projects I've seen have a clear vision and execute on that vision. Soliciting outside voting usually dilutes the vision.

  2. They are running options trading on Ethereum. The Ethereum network becomes very illiquid during peak usage times. It might be better after the move to PoS, but it hasn't been stress tested yet. This is very risky for option writers and will probably be the weak point that brings down their network.

On a side note, their website is classic word salad. It's usually a bad sign when a project resorts to sounding fancy instead of explaining clearly. Show Less

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