gammax logo

GammaX (N/A)

Past
Total Raise: $4,000,000
Date: 29 Aug - 29 Aug

The GammaX exchange aims to address the security and custody concerns of centralized exchanges through the implementation of audited smart contracts on StarkWare's layer-2 infrastructure. The project seeks to combine the speed, performance, and liquidity benefits of CEXs with the governance, self-custody, and security advantages of blockchain.

In 2022, GammaX secured $4 million in its first and only private investment round, led by Dexterity Capital.

As of Q4 2023, GammaX has not yet released any official information about its token lockup, allocation mechanism, tokenomics, or roadmap.

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GammaX Overview

Ticker: N/A
Country: Singapore
Industry: DeFi
Founded: 2022
Whitelist: Yes
Blockchain Network: StarkNet (StarkEx)
KYC: n/a
Bounty: Yes
MVP: Yes
Type: IDO
Security Audit: n/a

GammaX Review

GammaX is an emerging derivatives trading platform that blends the core features of a decentralized exchange with elements of a centralized cryptocurrency exchange.

Unlike other Ethereum-based decentralized exchanges, GammaX leverages StarkWare's layer-2 solution, StarkEx, to offer a comprehensive trading engine that supports a variety of services, including derivatives trading.

By leveraging audited smart contracts, initially deployed on StarkWare's layer-2 infrastructure, GammaX exchange safeguards user assets while fostering transparency. Simultaneously, it delivers a fast and streamlined user experience akin to centralized exchanges, achieved through an optimized off-chain order book, matching engine, and intuitive UI.

Evaluating the expertise of the GammaX team is challenging due to the anonymity of its members. The project's co-founder, known as "Defi Das," prefers a disclosed identity, raising questions about the project's transparency.

GammaX social media channels have also not shown any signs of activity over the last 4 months, further fueling doubts about the project's viability and ongoing development.

While it is reasonable to assume that GammaX will follow the model of other decentralized exchanges, potentially reducing transaction fees and incentivizing liquidity, no official information is available regarding token lockup, allocation mechanism, tokenomics and roadmap.

GammaX Token Economy

Total Raise: $4,000,000
Total Supply:
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

GammaX Token Sale (ICO & IDO) Rounds

Seed: 01 Aug - 29 Aug

Price: N/A
Tokens for sale: N/A
Raise: $4,000,000
Lock-Up: N/A

GammaX Funds and Backers
(3/10)

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StarkWare
Score: Medium
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GammaX Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  23 Nov 2023 Upgrade

GammaX News

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