The INJ tоkеn іѕ thе dіgіtаl token thаt wіll bе utіlіzеd bу the Injective рlаtfоrm for vаrіоuѕ utіlіtу purposes. Aѕ it ѕtаndѕ Injective Protocol wіll оffеr several trade орtіоnѕ ѕuсh as Mаrgіn lending, dесеntrаlіzеd Futures, and оthеr ѕеrvісеѕ aimed аt mаxіmіzіng іtѕ functions. This wіll enable the tоkеn tо bесоmе a рublіс utіlіtу token thаt will offer users thе opportunity .

Into the 21st century, human civilizations have made significant progress in digitizations. in just twenty years, the online has undergone three ages: the age of portal the age of search/social and also the age of internet . the continual development of the online has alterned and revolutionized the ways within which humans think, behave, and interact.

It started about 300 years ago during the economic age, people were working endless to increase productivity and efficiency on machines to manufacture from stream engines to automobiles; the key words were production, automation with machines, and efficiency optimization for maximized profitability. Now everything has changed, and also the passing of some time seems to be even faster as we witnessed the iteration of technologies. Humans shift their attentions far from basic productions and machiens back to humans themselves; the online connects integrates humans, information, and machines/devices.

• Internet finance.

• Now as "data" continues to evolve because it gets produced, stored, organized, and utilized on higher levels, we start to figure out a current system with new rules slowly penetrating and seizing our world, that more justice, fairness, value accruals and distributions are demanded by all. Given the above, that's why we are witnessing the "decentralizations" of matters happening and being facilitated more passionately than ever by the general populace.

• Now as things and people get connected and integrated into an "unseen network," the characterists of blockchain decentralization or however you call it, became extremely incentivizing for people to act and innovate upon. Specifically, works are done on all layers of the net from, again, data productions, storage, to applications (dApps), and of couse along with all the innovations include innovative business models and even "token economies.

• Among the numerous applications of blockcahin technoloies, DeFi, or decentralized finance has been one altogether the foremost hyped recently given the world of imagination and schemes like liquidity mining. Traditionally eventhough we did see the boom of internet finance within the past years ranging from payments, crowdfunding, neo-banks, P2P lending and more, however, non has provided the current anticipation of "evolution" but instead just "iteration," as they did not really change the foundations and systems.

• Details about the place of exchange.

Internet finance, "exchange" plays a fundamentally crucial role. The essence of the commodity economy is exchange economy, and within the commodity economy, productions and consumptions are matched through market exchanges. When the a correct equilibrium is achieved for supply and deman, the marginal substitutional rate between any two commodities are going to be the identical for any consumer, and therefore the exchange of values is optimized.

Internet finance, "exchange" plays a fundamentally crucial role. The essence of the commodity economy is exchange economy, and within the commodity economy, productions and consumptions are matched through market exchanges. When the a correct equilibrium is achieved for supply and deman, the marginal substitutional rate between any two commodities are going to be the identical for any consumer, and therefore the exchange of values is optimized.

• The development and current status of exchanges.

An exchange may well be a trading platform with diverse products, which provides price discovery and liquidity for traded products. Technological advancements have facilitated and effected also the business model and infrastructure of the exchanges. Not many people stands in offline market places and shout out the prices of their goods to attract buyers nowadays, but try to get their goods sold through electronic trading systems. In terms of the business model, most exchanges in Europe and also the us have went from membership based to create for-profit companies.

• Injective Protocol, a decentralized derivatives exchange protocol incubated by Binance Labs, has raised $2.6 million in a seed funding round.

• Led by Pantera Capital, the round also saw Asia-based QCP Soteria, Axia8 Ventures and Boxone Ventures, Bitlink Capital and others participate, Injective announced Wednesday.

• Injective Protocol sets out to resolve scalability issues and bottlenecks that can mar the user experience on decentralized exchanges (DEXs).

• The project was one of eight inducted into the Binance Labs Incubation Program in 2018, with the mission to resolve some of the shortcomings DEXs face, such as high latency and poor liquidity.

• Aside from the seed investment, the group of investors will also provide liquidity solutions for Injective and support its business developments and global brand recognition, according to the press release.

• Pantera Capital partner Paul Veradittakit said the investment firm led the round because of its belief that Injective is a
  strong contender for expanding decentralized finance (DeFi) beyond Ethereum platform.

• The funding comes as the protocol prepares for a mainnet launch and a new token to be issued in the latter half of 2020.

• Injective Decentralized Future Exchange.

• With the advancement of blockchain technology and so the emergence of more public blockchains, there are now a variety of decentralized exchanges. DEXes are different because of the assorted public blockchains they're supported and their respective concepts and technologies. Here we only discuss the decentralized exchanges pertaining the ultimate traits.

• One of the key aspects of decentralized exchanges is that the exchange accounts equate to smart contract accounts. In brief, storing assets on DEX is to store them in smart contracts which is to store them in codes, and in codes you trust.
  Generally most DEXes will only fire registration (some even require KYC, and it has been criticized for a platform to call itself a DEX whilst requesting KYC), and to deposit, withdraw, and trade:

• Deposit:

you deposit by transferring your assets into the smart contract address assigned to you by the platform.

• Withdraw:

directly withdraw to anywhere directly from the smart contract address.

• Tradin:

your asset is transferred from the smart contract address on to it of your counterparty. This transfer is also checked on the blockchain through blockchain browser, and so the whole transfer process relies on smart contract's automatic execution by codes.

• DEXes is further divided into two focuses: spot and derivative markets. Most of the DEXes living focuses on the spot markets, and are not many derivatives DEXes given the complexity of economic designs development workloads. However it's become palpably clear that derivatives markets have grown exponentially in digital asset domain, which we are already seeing the subsequent boom coming from derivatives trading. Few strong contenders that have emerged in 2020 include Injective Protocol, DerivaDEX and Serum. Here let's explore Injective Protocol, which may be launched in August.

• To resolve common issues faced by DEXes like user friendliness, speed, and more, Injective Protocol proposes a world solution: Injective chain, Injective derivatives protocol, and Injective DEX.

Finally we arrive on Injective Protocol. this can be basically a premier decentralized, layer 2 exchange that attempts to annihilate the sieges on dexes. It may be named as a front-running resistant exchange protocol that ensures reliably quick trading transactions.The future is coming, and also the exchange, because the infrastructure of the digital age, is undergoing rapid and unprecedented development. In 2020, we'll witness this alteration.

Check out these links to stay up to date with our progress:

Official Website: https://injectiveprotocol.com
Whitepaper Link: https://docsend.com/view/zdj4n2d
Github: https://github.com/InjectiveLabs
Reddit: https://www.reddit.com/r/injective/
Twitter: https://www.twitter.com/@InjectiveLabs
Telegram: https://t.me/joininjective
Linkedin: https://www.linkedin.com/company/injective-protocol/