Blockchain transparency platform, DAB (Defender of all Blockchains), secures investment from a number of private and institutional investors.  From a recent interview, DAB founder, Alek Tan, says that the company decided against launching an ICO amid the market downturn, and instead made the decision to raise capital exclusively from private investors.  DAB secured investment using a traditional capital raise structure, selling of equity at a pre-defined valuation.  No tokens were exchanged during the sale.

DAB has built technology to trace, track and rate public addresses on a number of blockchains including Ethereum, and NEO.  DAB is working on a product that performs KYC against wallet addresses for use by cryptocurrency exchanges.  The product is a risk management tool for businesses.

PlayTron, a provably-fair online casino, is launching its blockchain-based dice game in two short weeks.  PlayTron is the first online casino based on True Random Number Generation (TRNG), using a quantum entropy device to originate its random numbers.  PlayTron tokens (ACES) will be available for purchase upon launch.

The online casino is built on the Tron blockchain.  The developers wanted a technology that was capable of scaling while being liquid enough to enable fast deposits, withdrawals and payouts.

PlayTron harks on the success of several other blockchain-based casinos.  The company says that while its competitors have changed payouts or retained a larger share of earnings for itself, PlayTron will be transparent in its payout and dividend structure, releasing quarterly expense statements.  The company says it will also feature a higher payout ratio than its competitors and a competitive token sale valuation based on the current market slump.

ERC dEX (www.ercdex.com), an Austin, TX based, decentralized exchange built on top of Ethereum and the 0x protocol is announcing the launch of its Designated Market Maker (“DMM”) program and Automation Toolkit.  The new DMM program adds volume incentives to participants through rebates, while the Market Maker Automation Toolkit is designed to augment DMM by allowing for the simplified deployment of their trading bot using an intuitive user interface.  To encourage third-party development, ERC dEX has also open-sourced the software.  Both the DMM and Automation Toolkit are expected to launch on May 11^th.

The company was founded in September of 2017 by industry veterans to solve the problem of centralization in the cryptocurrency trading ecosystem.  ERC dEX does this by enabling users to trade currencies directly from their wallet, peer-to-peer.

ERC dEX is the first decentralized trading platform to create an incentive-driven, globally shared liquidity pool, called Aqueduct, which incentivizes shared order book liquidity between decentralized trading platforms by splitting customer fees between the platform where the order originated, and where it was filled.  Fee sharing incentives other Relayers and dApps to share vital liquidity. It does this, in part, through use of 0x’s Standard Relayer API, allowing for seamless integration with other 0x-powered Relayers.

The trading platform utilizes a cleanly executed, simple-to-use interface, designed to be familiar to traders, but easy enough to use for novices, as well.  At the time of this writing, 72 trading pairs are offered – in 36 different ERC20 tokens and 2 quote currencies, WETH and DAI.

For those unfamiliar with decentralized trading platforms and exchanges, there are several important features that are not available with a traditional, centralized cryptocurrency exchange – there is no need to create an account, and there are no deposit or withdrawal fees, limits, and delays.  ERC dEX makes this possible by supporting integration with direct to wallet browser extensions such as MetaMask, Toshi, Cipher, Trust, Status and Ledger.  These extensions enable users to allow currencies stored in their wallet, accessibility to external applications like ERC dEX, without ever exposing their private keys.  Trading can be performed anonymously as well, since wallet to wallet transfers do not necessitate knowing who the user is – the exchange matches market participants directly and helps to settle transactions using the Smart Contracts deployed by the 0x protocol.

Experienced cryptocurrency traders may recall that the largest cryptocurrency hacks have been the result of funds held on exchanges, whether due to poor security practices, or inside jobs – over a $1 billion of customer funds have been lost as a result of exchange centralization.  By design, these problems simply do not exist on ERC dEX as funds are not held centrally, but directly in wallets.  Such degree of security is only possible in a non-custodial environment.

ERC dEX brings together an A-list team of advisors, including Martine Niejadlik, former Chief Compliance Officer at Coinbase, as well as Dave Lauer, a veteran in the industry, and former Tech Architecture Consultant at IEX, a leading equities exchange based in New York.

“We’ve executed on our ambitious vision by bringing together long-standing experts in exchange trading to deliver high-powered solutions to the decentralized cryptocurrency trading market,” says David Aktary, CEO of ERC dEX.

The company is also catering to the developer community by open-sourcing its market making bot.

“We are betting on Ethereum, the Ethereum community of developers, and decentralized application innovation,” says Lindsey Renken, ERC dEX’s Chief Marketing Officer.  “We are arguably the most developer-friendly DEX,”.

Lauer shares in the vision, “No other trading platform in the industry incentivizes sharing, decentralization, cooperation and community, while providing all of the tools necessary for developers, programmers and traders to leverage its impressive technologies”

ERC dEX also provides a Slack channel for market makers to receive support, discuss strategy, collaborate, and talk shop.  For more information on the company or any of its products, please visit www.ercdex.com or email info@ercdex.com

For Press Inquiries contact:

Lindsey Renken

lindsey@ercdex.com