Cutting out middlemen is one of blockchain’s special items, and that goes for money and data alike, as talked about. In online advertising, that means that companies that are making and offering products no longer need to pay massive amounts to advertisers : CryptoCurrency
The largest drawback with cryptocurrencies is that there is SO many various chains today. They CANNOT talk between one another, which makes all of it fairly pointless. If you need to change a coin/token for one other you’ve to use an change, which takes a price for doing so.
It is sensible to reduce this intermediary, which is why DEX’s was borned – To present a Peer 2 Peer soluton, that not solely makes all the pieces decentralized and protected for the tip consumer, but in addition to remove censorship and management as we have seen from exchanges such as Binance and Poloniex run by CZ and Justin Sun. (Hint: Steem scandal).
There are TONS of DEX’s, and the overwhelming majority of them is both TRASH, or just not decentralized in any respect – Good instance of that is the Binance “DEX” which is not decentralized in any respect. They really tried to rip off Blocknet’s concepts and supply code prior to launch, which they fortunately did not reach doing.