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I read the VLX project whitepaper. I think VLX tokens will increase its price because people will believe that it will be a pump. If people support this project, then maybe there is a great opportunity to increase its value.

The platform sets up madly turn-overs and will be successful in any case even stronger. Wanted to look up now to persons of those who said that project scam. Therefore, friends, only you will be able soberly to evaluate situation, not it is always worth all contract to trust, so you can lose profit.

Almost people have a doubt about make investment for any project at this time. ETH, BTC is down and anyone have a scare to invest. But with VLX we should not scare anything. Why? This is exchange platform and their ICO is not scam. Actually, i see the slowly at their working, but i think it is ok because they need to prepare a good platform follow their presentation.

Smart people do investment when the price is down and not high. You categorize projects in just two categories "scam" and " legit", I don't see that right, because legit just means that the project is real and not fake. The real important thing is if project worth to invest in. So in VLX case, you need to understand everything about their upcoming exchange and be sure that the team will deliver a platform that will people chose it over others many decentralized exchange that are running now.

Right but the exchange business has become extremely tough recently. There are dozens and dozens of teams building and operating exchanges. It will be difficult to attract a lot of users with all the competition going on.

Yes actually you are some how correct. There are some excellent huge exchanges but i think that this project can also cope up with them and also it could be as popular as them. Adding some more features to their project will surely help them to grow much more popular.

It's possible maybe, but you have to deliver flawless service from the start. There is no such thing as a first mover advantage anymore as it was for exchanges like Poloniex or Bittrex, which grew organically into these giants along with crypto as a whole.

There is no such thing that start from a very popular project. I think that everything start from zero and it just turned out like a big shot in industry because it just strive and compete several competitors around and face a lot more experiences, obstacles, and challenges. And just like the Velox Project, I believe that just like other projects, it will also create its own path to success.