As the crypto revolution takes place, we are being promised a decentralized world for all applications and products. While applications are becoming decentralized most of the exchanges are still centralized which comes with all the risks with all centralized systems like theft or susceptibility to hacking as has happened with multiple exchanges across the world.
Loopring is basically an open protocol for token exchange for decentralized exchanges. Currently Loopring works on Ethereum exchange and supports all ERC20 tokens. Loopring will help build interoperability between different ERC20 tokens on Ethereum DAPP platform. The exchange trades between different tokens are executed by Ethereum smart contracts which any of the application in the Ethereum ecosystem can plug into and get the coins.
Loopring tokens can be bought on following exchanges
Decred is currently available as a BTC pair. You can buy loopring token in exchange for Bitcoin.
Loopring core team consists of Daniel Wang, Zay Zhou and Johnston Chen. Some of the other key members of the community and advisers are listed below
Loopring is backed by following important entities