RocketX, a leading player in the cryptocurrency space, has achieved remarkable milestones and has exciting plans for the future. As we look back on the events of 2022, it is clear that RocketX had a busy and productive year. Let us take a look back at the company’s achievements in 2022 and ahead to its plans for 2023.
Brief Overview of RocketX Achievements in 2022
RocketX had a successful year in 2022, with a number of major milestones being reached. The company added support for over 15,000 tokens, integrated with 250+ decentralized & centralized exchanges, and added support for 25+ networks. This made it easier for users to access the crypto world and find the best rates and 1-click cross-chain swaps. In addition, RocketX underwent a rebranding and launched a referral campaign to further expand its reach. Here is a complete list of what we have achieved last year:
- 15,000+ Token Support
- Added 25+ blockchain networks, including Bitcoin, Ethereum, Solana, and other blockchains.
- 10 wallet integrations, including Coinbase and Phantom.
- Decentralized access to major centralized exchanges like OKX, Kucoin, Huobi
- Rebranded RocketX Exchange
- A whole new UI with improved UX
- More
Here is a quick glimpse of what we have achieved in 2022.
Key Areas of Growth and Expansion
RocketX saw growth and expansion in 2022 in terms of user adoption and trading volume, outpacing its competitors and demonstrating its ability to meet the evolving needs of the crypto market. The platform’s innovative features, such as its one-click swap feature and competitive pricing, have set it apart from other aggregators and DEXs and have helped it to become a trusted choice for traders.
Furthermore, by aggregating liquidity from CEXs and DEXs, RocketX provided users with the ability to swap multiple cryptocurrencies in just one click, ensuring they had the liquidity they needed to execute trades quickly and efficiently. This allows us to create a unique and unparalleled trading experience for its users.
With 20+ new decentralized exchanges, 20+ bridge aggregations, and 60+ blockchain support, RocketX will continue to make it easier for users to access the crypto world via a single intuitive UI. Here is what we have in the pandora box for this year:
1. Focus on Product Development
Our 2023 plan is to maintain a focus on product development and expand our support to more centralized exchanges (CEXs) and increase functionality, as outlined in our 2023 roadmap on our website. This includes the addition of any token swap capabilities and any-to-any cross-chain swaps, as well as increased integration with additional CEXs to facilitate decentralized access to the deep liquidity.
2. Expanding Possibilities:
Integrate More DEXs The plan for 2023 is to add 20 or more liquidity sources via new decentralized exchanges (DEXs) to the existing number, bringing the total number of DEXs to 270 or more. This will further increase the availability of decentralized trading options for users and drive innovation in the decentralized finance (DeFi) space.
3. Simplify Cross-Chain Swaps to Enhance Interoperability:
We also plan to implement 20 or more bridge aggregations. This will likely involve integrating existing bridge solutions to allow users to seamlessly move assets between different blockchain networks. The goal is to provide greater interoperability and allow users to access a wider range of decentralized applications and services. This can potentially lead to increased efficiency, reduced costs, and a better user experience for decentralized finance (DeFi) and other blockchain-based applications.
4. Inclusion of More Blockchains
The plan for 2023 is to provide support for 60 or more blockchain networks. This will likely involve integrating with a variety of different blockchain protocols, especially the Cosmos ecosystem, allowing users to easily access and interact with assets like ATOM, FET, SECRET, Akash, and more on those networks. By supporting a wide range of blockchain networks, RocketX aims to remain at the forefront of technological advancements and provide cutting-edge solutions for its users.
5. Simplify Tax Reporting
RocketX has teamed up with Kryptoskatt to make tax reporting for cryptocurrency trading a breeze for its users. With this partnership, users will be able to take advantage of Kryptoskatt’s expertise and technology to simplify the often complicated process of crypto tax reporting. Kryptoskatt’s platform provides a comprehensive and user-friendly solution that calculates gains and losses, generates tax forms, and provides other resources to help users report their crypto transactions accurately and efficiently. Whether you are a seasoned trader or just starting out, this partnership will ensure that you have the tools you need to meet your tax obligations with confidence.
6. Expanding Horizons: Empowering Businesses with Partner APIs and Swap Widget
The B2B market in the crypto space is estimated to reach $1 trillion by 2024 and RocketX is poised to tap into this opportunity. We plan to focus on expanding our B2B offerings by launching partner APIs and a Swap Widget. The launch of Partner APIs opens up a vast potential, where every wallet, exchange or dapp becomes a potential partner with our platform.
Meanwhile, the Swap Widget provides added value through new and improved capabilities, making cross-chain swaps effortless and seamless for users. This innovative solution will increase user retention and improve the user experience, particularly for NFTs, GameFi, and the metaverse. With these advancements, RocketX aims to increase its competitiveness in the B2B market and continue its growth in this area.
Focusing on User Adoption through Collaboration
In 2023, we’re taking the road less traveled and forging ahead with collaboration. With an ecosystem of over 11 wallets and counting, 27 blockchains with 60+ on the horizon, and over 270 DEXs, it’s time to make a change.
We also have an Ambassador program in our plan to give our community a voice, rewarding those who help establish partnerships with their favorite projects. Meanwhile, our team is actively reaching out to our extensive partner ecosystem to drive user adoption. And with our Referral program, you can make a difference simply by referring friends and earning 50% commission every time they trade on RocketX. Let’s work together to hit our first milestone of 10,000 users in 2023.
Navigating Challenges and Risks with Strategic Solutions
RocketX anticipates challenges and risks in 2023, but the company is prepared to address them by implementing a number of strategies to achieve its goals for 2023. The company will continue to add support for new blockchains, wallets, and decentralized & centralized exchanges, making it easier for users to access the entire crypto world via a single UI. The company will also focus on expanding its reach, with the B2B offering and Swap Widget helping to bring in new users .
Ending Note
RocketX had a successful year in 2022, achieving key milestones and expanding its reach in the cryptocurrency space. The company aims to continue this growth in 2023 with a focus on product development, integration with more decentralized & centralized exchanges, bridging blockchains, and empowering businesses with its Partner APIs and Swap Widget.
RocketX anticipates challenges in 2023 but is prepared to navigate them with strategic solutions and remain at the forefront of technological advancements in the crypto world. With its ambitious plans, RocketX is poised to make a big impact in 2023.
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