What is Concodex? Concodex is the first decentralized exchange (Decentralized Exchange) on the Concodium platform. Comcodex has the ambition to build many products with the latest technology to solve outstanding problems in DeFi. Recently, this platform has also successfully called for capital from many famous investment funds.
So, if there’s anything interesting about Concodex, everyone will find out with Weakhand in this article!
What is Concodex?
Concodex is the first DEX (decentralized exchange) platform built on a fairly new blockchain platform, Concodium. Comcodex was built towards two markets: AMM and Derivatives.
Realizing the problems of the crypto market in 2022 around centralized organizations and exchanges such as Three Arrow Capital, Celsius, Voyager or FTX, according to Comcodex, DeFi in general and pieces of AMM or Derivatives will soon ascend to the throne in the near future.
Development Roadmap
The product is expected to be mainnet in Q1/2023 and will deploy the token launch in Q2/2023.
Core Team
Update…
Investor
December 21, 2022: The project announced its successful call for $1.7M in Seed round with the participation of investment funds such as Tacans Labs, Skynet Trading, Seier Capital and Concordium.
Exchanges
Update…
Comcodex Information Channel
- Website: https://concordex.io/
- Twitter: @concordexlabs
- Discord:
Summary
Comcodex is the first DEX on a new blockchain platform launched earlier this year, Comcodium. There are still many question marks about the development of Comcodex in particular and Comcodium in general. Most of the investment funds investing in the Comcodex project are mostly not famous funds or are the units developing Comcodium like Tascan Labs. Therefore, it is necessary to monitor and learn carefully before investing in the Comcodium ecosystem.