CSP DAO Project Review: IDEXO

Bitcoin Dood
Investments & Partnerships
4 min readMay 18, 2021

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Idexo is the easiest way to integrate blockchain features in any application. It simplifies the complexity involved in integrating these features in two key areas: the technical knowledge and architecture required and the economic complexity of holding multiple wallets and currencies, each of which fluctuates in value, making it difficult to plan a predictable business model for services and applications. It simplifies these through an SDK, API and architecture that hide the complexity and present an easy-to-use, low-code interface and a Compute Credit that exchanges into all of the underlying currencies at a predictable purchasing power running the methods of the API.

IDEXO’s mission is to provide innovators with easy-to-use technology and easy-to-plan purchasing power and free them up to begin the value-add technology creation, confident in their ability to build long-term business models that work.

Idexo provides a simple interface for dropping in those features through well-documented, shortcode snippets that do what they say and require minimal effort. At the same time, it offers a simple Compute Credit model for providing stable purchasing power, enabling application developers to build sustainable business models. By integrating NFT and NFT marketplace methods, idexo also makes it easy for anyone to leverage their power to create industry-disrupting applications. By providing a foundational IDO token, Idexo leverages the power of community to continually improve how it empowers creators, developers, and entrepreneurs to change the world positively.

IDEXO have assembled a great team with an excellent experience. The CEO has founded and built a SaaS company to $1M ARR, has been a lead software developer and CTO for blockchain and open-source projects and has held VP roles in sales, marketing and strategic partnerships.

A live product is already out by IDEXO, and the product documentation can be checked at: https://idexo.gitbook.io/.

With a solid team and a great use case for the project, we expect IDEXO to perform well over the long term. Creating value for its investors and benefiting token holders.

TOKEN UTILITY

$IDO is the utility token of the IDEXO Ecosystem. $IDO token serves multiple utility purposes in the ecosystem.

  • General community staking: Community members stake IDO on the general direction of the project. A portion of all operating margin generated from the Compute Credits and related transaction infrastructure is pooled and shared to staking participants on an ongoing basis (e.g. in a base currency like USDT or similar). The longer and larger the stake, the greater the reward.
  • Directional community staking: Community members stake IDO on a contract tied to a given product or product roadmap decision (such as a new blockchain integration). Participants earn a higher percentage of incentives if those decisions turn out well. This incentivizes the community to help the project make good decisions and ensures their voices are heard and acted upon.

ROADMAP

The roadmap right now is focused on building out the various functionalities of NFTs and NFT marketplaces. The roadmap, too, is focused on adding new integrations — IDEXO just released Polygon and is about to release Avalanche and have eyes on doing a few others that have been requested, such as Tezos and Solana. IDEXO is building products using their own back-ends, such as the idexobot, our SaaS app and a couple of others that IDEXO is thinking about.

INTEGRATIONS

TEAM MEMBERS

LINKS

Telegram: https://t.me/idexo_io

Twitter: https://twitter.com/idexo_io

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Bitcoin Dood
Investments & Partnerships

Likes to write about cryptocurrency, blockchain and deFi