Idexo Token

The front-end developers today expect a simple API that they can connect the back-end software utilized in the front-end applications. Therefore, this feature should be presented in a simple, well-documented, predictable API in the Idexo platform. Besides, the platform aims to continually provide an API that glues the practical applications and the blockchain infrastructures.

The platform identifies another problem related to the fluctuations in the value of cryptocurrencies wildly. Idexo solves the economic situation by offering a simple Compute Credit with a predictable purchasing power that enables all the underlying transactions. By reducing the economic complexity to a simple, predictable Compute Credit using cryptocurrency, a credit card, or other traditional means, Idexo removes the economic friction of integrating features of various blockchains into applications.

The IDO is the native tokenthat powers the Idexo community and project development. Users of the IDO token can stake in the general pool and then show their concern about the project's general direction. Users stakingthe tokens are rewarded via fees generated through the project for the activities and rewarded primarily in USDC.

The team's core members include Greg Marlin, CEO/CTO of the platform, and Helder Sepulveda, VP of Engineering. The official whitepaperwritten by Greg Marlin was published in May 2021.