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No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

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Page 1: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide
Page 2: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

2 | P a g e

What is Co-DEX ……………………………………..

Our Technology……………………...…………….…

No Fees ……..………………………………………..

Multiple Order Fulfilment …………………………..

Market Order and Limit Order ………………………

Cross-chain transactions ……………………………

Co-DEX Token (COD1) ………………………..…

Distribution & Allocation …………………………...

Token Contribution …………………………………

Finances Breakdown ………………….……………..

Our Vision …………………………………………...

Conclusion …………………………………………...

Page 3: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

3 | P a g e

As opposed to currency-centric exchanges

which are built on top of a singular blockchain

platform such as Ethereum, and which have the

limitation of escrowing only ERC-20 assets, Co-

DEX, by virtue of implementing and building upon

the IBC innovation created by the Cosmos

Network, will become an currency-neutral

exchange, meaning it’s architectural type will

allow a connectivity between different native

cryptocurrencies, users not having to limit

themselves to a specific currency system.

Co-DEX - the first NO FEES decentralized

exchange, based on the IBC innovation provided

by Cosmos Network, no more relying on a third-

party service which holds customer's asset is

necessary, an automated process called “smart

contracts” allowing the trades to happen directly

between users.

Co-DEX is the decentralized exchange

(DEX) of the Future. It guarantees the highest

possible security, full transparency and open

source logic using the interoperability of Cosmos

Network, Co-DEX will supports not only all

Ethereum based tokens, but using the concept

for the cross-blockchain features, Co-DEX will

allow you to trade any tokens regardless of their

native underlining blockchain making it easier for

you, the user, to thrive in the crypto landscape.

Page 4: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

4 | P a g e

Co-DEX will implement a system where

anonymity and privacy are the key components,

security, of course being the main aspect, every

transaction will be carried out following the

necessary protocols to ensure the utmost

efficiency, promptitude and security.

Governments have been shown to try to

exert control over centralized exchanges, users

having to answer to authorities that can and have

been shown to track and tax these users, or even

go to such lengths as to ban certain types of

cryptocurrencies, problems that don't reach the

sphere of decentralized exchanges.

Heighten scalability will allow for future

upgrades, thus our systems will always keep

pace with the new innovations and revolutionary

features that are developed. To further show our

user-friendly oriented approach, Co-DEX will

provide everyone an easier means to access and

use the platform by integrating and generating

the necessary compatibilities for Metamask and

Ledger users.

The main argument over other existing

decentralized exchanges which Co-DEX brings

to the table is the fact that it will take full

advantage of the innovations and features of the

COSMOS Network, ensuring a plenitude of

tokens and coin being able to be traded

regardless of their native blockchain.

Also, you can opt to have your funds

secured through the decentralized wallet

applications, Co-DEX Wallet, which will store

private keys only on your device, so traders can

retain full control over their funds and private

keys. Our DEX is made by the blockchain

community, for the blockchain community, with

support from Co-DEX Foundation developers, as

part of advancing our mission to spread the

freedom of money.

Page 5: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

5 | P a g e

Other platforms request elaborated procedures and practice substantial fees that make trading very

difficult at times, Co-DEX ensures that the users will benefit from a simplification of procedures and with our

policy of “Community First”, Co-DEX will practice NO FEES on top of the necessary gas or transaction

costs that validate the transaction on the blockchains. We will provide a platform that is efficient, the user

will only be charged the amount needed to cover the costs of the transaction, thereby giving you the option

to have more control over the fee service system. We here at Co-DEX, want to create a service with the

community, by the community, for the community, our orientation is on growth and facilitating users to feel

at home when using the Co-DEX platform.

Page 6: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

6 | P a g e

Our focus is to provide the best user-friendly oriented approach, thus we will be offering a Multiple

Order Fulfillment platform for a more cost-effective and less time wasting trading experience. You will only

get charged for one single transaction, although you will be able to set an order for a specified amount and

our smart contract system will oversee all the necessary multiple transactions, if needed, to ensure that the

order is executed.

We provide both possibilities to ensure for a better satisfaction of your needs, either place a Market

Order to buy or sell a stock at the best available price, thus assuring it is normally executed on an immediate

basis OR you can use a Limit Order, which will allow setting the price at which you want to buy or sell the

stock, the trade thus will only get executed when the price breaches the level that has been specified.

Page 7: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

7 | P a g e

Cross-chain transactions is the most

important feature when it comes to this project.

Since every blockchain has its own ecosystem,

one of the most difficult and unsolved for many

years, problem, was finding a way for all of these

blockchains to communicate and to operate

together. Using the revolutionary IBC features

developed by Cosmos Network, we strive for a

unification under a decentralized and secure

platform, thus providing you, the user, a base for

trading your assets from different blockchains. As

such, you’ll often hear these cross-chain

protocols referred to as using an “Internet of

Blockchains”, because they will be using a

network of Blockchains which are all

interoperable, these blockchains finally will have

the ability to “speak” to one another because they

will be integrated in a standardized way. If

technology can achieve this goal, it means that

you’re going to be able to speed up innovation

based on the fact that people too will be

innovating on individual blockchains, which will

also further improve other aspects such as

scaling, etc.

This means that the technology won’t rely

on third-party connectors in order to transfer

value from one chain to another. It’ll be built into

the protocol itself. Token trading will be more

efficient on Co-DEX than in any centralized

exchange because blockchains in the Cosmos

Network will be taking advantage of the benefits

of using the features provided by the Tendermint

consensus which is much faster than PoW. It

would only take seconds to finalize a deposit. In

addition, a proper decentralized exchange

connected to the Cosmos Hub with order book

support will be more secure than any centralized

exchange, so it’s inevitable that the market will

evolve toward the Cosmos model.

Page 8: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

8 | P a g e

Co-DEX Token (COD1) has several uses:

The platform will host other IDOs, participation

in these IDOs requiring user to hold COD1

tokens.

Setup costs for these future IDOs, will

generate liquidity for the COD1 token.

Co-DEX will ensure periodical buyback

programs to stimulate liquidity.

Users will be able to use COD1 as a means of

payment towards third parties, if such future

collaborations will arise.

After new tokens are listed, we will provide an

airdrop to all COD1 holders, proportionate to

the amount of COD1 each user holds.

Token name - Co-DEX

Token symbol - COD1

Total supply – 250,000,000 COD1

Token type - ERC-20

Token initial value – 0.05 USDT

Token Decimals – 18

Co-DEX’s intention is to allow a broad base

of community members to participate in the IDO

planned on our Dex. Co-DEX cannot guarantee

that all prospective interested parties will be able

to obtain their desired allocations during the

Private and IDO phases, where the total

maximum cap will be approximately the

equivalent of $5 million. The amount of tokens

available during the Token Contribution will be

100,000,000 COD1.

There will be a two phased airdrop. Phase

one of the airdrop will be deployed towards the

first 20,000 Co-DEX community users.

The second phase of the airdrop will occur

in the first month and will affect every unique

address that meets the trading volume

conditions. The maximum amount of tokens each

unique address can receive is 500 COD1.

Therefore, the first 20,000 users that meet the

trading volume requirement will be affected by

the airdrop.

The total amount of tokens available for

Airdrop and for the Bounty Program will be

25.000.000 COD1.

The distribution and allocation of the tokens

for the Airdrops and Bounty Program will be

communicated before the implementation of

every phase. Feedback from the community

might lead to certain possible changes and

corrections, which will be communicated swiftly.

The amount of tokens for the team, the

advisory board, marketing as well as the tokens

allocated as reserve will be locked for a period of

one year. Reaching the hard cap, the intended

token distribution will be as follows:

40%

25%

10%

10%

15%

Co-DEX TOKEN METRICS40% Token Contribution

25% Team & Advisors

10% Marketing

10% AirDrop & Bounty

15% CoDEX Reserve

Page 9: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

9 | P a g e

The Token Contribution will be comprised of two different phases as follows:

90.000.000 COD1 will be available in the Private Contribution as follows:

Minimum individual cap: the equivalent of 5.000 USDT in ETH/ BTC/ ATOM

Maximum individual cap: the equivalent of 50.000 USDT in ETH/ BTC/ ATOM

Tokens obtained during the Private Contribution will benefit from a 25% discount .

The allocation of the Private Contribution tokens will be as follows: 25% tokens after end of

phase II (IDO), then after 30 days, each private contributor will receive the rest of the 75% tokens

as a daily allocation of 0.1% per day.

A minimum of 10.000.000 COD1 will be guaranteed for the IDO as well as any other remaining

tokens from the Private Contribution. Phase II will take place on our platform and will be open for thirty

days, but will end immediately after all the tokens have been covered by the contributors. After a

period of thirty days, any remaining tokens will be burned. After the end of Phase II, all tokens obtained

in the IDO will be unlocked.

Page 10: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

10 | P a g e

The majority of funds will be used to continue the research & development of the exchange, while the

remaining portion will be used to raise awareness about the decentralized exchange.

Some of the key costs include:

Technical Development Costs – will mainly be allocated to employee salaries and contractor

costs for developing and securing the software.

Marketing and Communication Costs – getting the attention of target audiences by using

slogans, packaging designs, celebrity endorsements and general media exposure.

Accounting and Legal Costs – for the work associated with auditing and compliance within

the jurisdictions the Co-DEX team operate in.

Office and Indirect Costs – for office space as well as other employment related costs.

Event Hosting and Sponsorship – to spread awareness about Co-DEX through attending

or sponsoring various events.

Page 11: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

11 | P a g e

Co-DEX is exchange made by the

blockchain community, for the blockchain

community, with the support of the Co-DEX

Foundation developers, which aims to meet the

many expectations and challenges raised by the

community while becoming a tool in furthering the

mission to create a world of free movement of

funds and assets.

The decentralized exchange is built on top

of the Cosmos Network, which is developing a

community initiative, and will use the Co-DEX

Coin (COD1) as a native asset. Our goal is to be

able to make the decentralized exchanges widely

used and the main method of trading crypto

assets. Our vision is to provide the best services

to our clients, from a user- friendly interface,

focusing on an easier, more intuitive approach, to

a heightened performance and a more improved

user experience.

Arising from inside the community, Co-DEX

will, in itself, become a strong community opened

to everyone who shares our vision and our strive,

to create a better platform for the people. Our

main task is to develop a decentralized

technology for cross-chain transactions, building

upon the many innovations of the Cosmos

Network, which ultimately will benefit everyone,

by providing an easier, more secure and more

intuitive way of trading and administration of

assets for you the user.

Page 12: No Fees - Co-DEX · Users will be able to use COD1 as a means of payment towards third parties, if such future collaborations will arise. After new tokens are listed, we will provide

12 | P a g e

Co-DEX project aims to create and provide to the world, the full power of decentralized exchanges

and capitalize on the interconnectivity and interoperability of cross-chain features. We will write the right

path for all traders, blockchain enthusiasts and future generations. We dream about full transparency, high

security and peer to peer exchanges without the risk of having to trust third parties and additional taxes. We

aim to put back into the people’s hands, the much needed financial independence. If you share our beliefs

and you have similar dreams, you can support our project, join our groups and take part in Co-DEX and the

coming blockchain revolution. Together we will bring about the much needed change for a brighter future

for our own and the next generations of traders and crypto enthusiasts.

“The past cannot be changed. The future is yet in your power.”