What is this projects relation to 0x? both are protocol trying to make a huge orderbook. I was thrown off by a post mentioning "0x genesis trade". Or simply is 0x and paradigm just competitors attempting to achieve the same goal?
Will this protocol be tokenized so consumers are able to purchase?
Hi u/nihao88888. First and foremost, Paradigm is not positioned as a competitor to 0x. Paradigm is instead positioned one level above 0x in the decentralized exchange stack. Our solution does not concern itself with settlement logic, but rather the process of order broadcast and discovery. In this sense, Paradigm can be thought of as a decentralized relayer. 0x order messages can be relayed on our network along with orders for other financial primitives such as Dharma. We do not currently have plans for a token sale. We are focused on developing a complete and effective solution currently. For more information I suggest taking a look at our whitepaper.