Hey there, Tigers! 🐯

As we bring down the curtains on Phase 1 of our beta, we want to thank you for your extraordinary support. During this period, we accomplished numerous achievements, such as surpassing $200,000 in monthly trade volumes, activating over 15 NFT markets, assisting 6 markets in reaching ATHs with volumes on Tegro double than that of OpenSea, NiftySwap, and other platforms. We also grew our community to more than 40,000 members and raised seed funding at a $100M valuation from Polygon Ventures and other angel investors, among other accomplishments! (Check out our full journey here.)

“Even after an amazing response in phase 1 of the beta, the team was not content. We kept asking ourselves "How do we take it to the next level?” - Ashish Rawat, COO – Tegro

Throughout Phase 1 of the beta, we tackled one central question: How can we elevate the experience for a trader? We considered the typical issues a Token and NFT trader faces:

• Fragmented Liquidity: Liquidity is scattered across platforms, making global price discovery nearly impossible.
• Not Trader-friendly: Most platforms are optimized for collectors rather than traders. Essential trading features such as Limit Orders and Order Books are often unavailable on decentralized exchanges, which discourages high-frequency trading.
• Discovery: The use of OTC or floor price as a proxy for the health of a Token or NFT is not a correct representation of it’s current market value.

We realized that decentralization and self-custody were also very important in our quest to the next level. Decentralization would allow us to give access to numerous new markets in a permissionless manner and launch Tegro as a truly global platform. Meanwhile, by embracing the self-custody principle of "Your Keys, Your Tokens," we can grant you complete control over your digital assets during the entire trading lifecycle.

In our relentless pursuit to shape the future of Token and NFT trading, we are thrilled to announce a MAJOR UPGRADE to our platform.

Introducing Tegro: The CEX-DEX to trade Tokens & NFTs efficiently across chains.

Visit x.tegro.com to get started. Simply connect your wallet to begin trading!

This on-chain exchange platform is packed with trader-friendly features that allow you to enjoy CEX-like Orderbook Trading in a DEX. These features include:

• Fully Decentralized
  • Non-custodial Listing & Bids
  • Permissionless Markets
  • Access Global Liquidity
• Pro-trading
  • Order Books
  • Bulk Trading
  • Trading Types
  • Dashboards

Fully Decentralized

Tegro: The CEX-DEX streamlines Token and NFT trading with non-custodial listings, decentralized permissionless markets, and access to global liquidity, fostering enhanced control over assets, market transparency, and optimal trading opportunities.

Non-custodial Listing & Bids

Using the CEX-DEX, you can list or place orders on Tokens or NFTs across platforms without ever having to give up control over your assets.

• Larger degree of assurance and control over your assets.
• Verify your transactions directly on-chain.

Permissionless Markets

Tegro: The CEX-DEX democratizes Token and NFT trading by empowering users with unrestricted access to any Token or NFT collection out there.

• Simply enter the Token or NFT collection’s contract address on the CEX-DEX to access and begin trading the market.
• Access to liquidity that exists on any platform, there are no gatekeepers to restrict you.

Access Global Liquidity

The CEX-DEX will be aggregating liquidity from the top NFT and Token trading platforms, such as 1inch, Uniswap, Blur, OpenSea, and others.

• A single portal to place and manage orders at the best rates, saving you time, energy, and money.
• If there is demand for any market, Tegro: The CEX-DEX will source the liquidity for it. 
• Play the arbitrage game by identifying and taking advantage of price inefficiencies.

Pro-trading

Tegro: The CEX-DEX ushers in the future of NFT trading with real-time order books, bulk, and support for both Limit and Market Orders, offering an unprecedented level of market efficiency and trading flexibility.

Order Books

The CEX-DEX makes Tokens and NFTs market-efficient and trader-friendly.

• Gauge depth as well as market demand and supply in real-time.
• Understand support and resistance points of Tokens or NFT collections effectively.

Bulk Trading

Why sweep when you can trade in bulk? 

• The CEX-DEX removes restrictions on the quantity of Tokens or NFTs you can trade at a time. For instance, you can trade 1 NFT or the entire collection, in one click.
• Trade Tokens and NFTs, at scale and with ease, just like you would on a centralized exchange!

Trading Types

The CEX-DEX supports both Limit Orders and Market Orders directly on-chain, a first-of-its-kind for NFTs. 

• Place and execute buy or sell orders for Tokens and NFTs at market prices or your desired price.
• Ability to time the market effectively.

Dashboards

Knowledge is power, especially in an ever-changing crypto landscape.

• Tegro: The CEX-DEX arrives with dashboards that offer invaluable market insights into Token or NFT markets, such as price charts, trading volumes, liquidity metrics, project details, and more to inform your trading strategies.
• Discover new and trending projects as they emerge. Use the CEX-DEX directory to stay ahead of the curve.

Consistent with our commitment to accessibility, Tegro: The CEX-DEX will be available for the Ethereum, Polygon, Arbitrum, and Optimism chains initially, with plans to expand to more chains in the future. Just as with the beta, the CEX-DEX will not feature any platform fees. However, the standard NFT collection royalty fees and gas fees for transactions on respective blockchain networks will still apply.

Visit x.tegro.com to get started. Simply connect your wallet to begin trading!

Tegro: The CEX-DEX is just the beginning. This upgrade also represents a top-down shift in the way we think about the product, community, creators, and partners. For instance, we have plans to roll out “TKeys NFT” that serves as a passport to exclusive rewards for all users. Similarly, for influencers, we're developing the "Tegro Champions Program," where creators can launch their own NFT exchanges, for free, using the Tegro SDK. We'll share more details in the coming days.

With the CEX-DEX, we're inching closer to our vision of making NFTs fungible and easier to trade, while offering a conducive ecosystem for projects and paving the way for onboarding the next 100 million traders.

Stay updated on Tegro: The CEX-DEX by following us on Twitter, joining our Discord or Telegram, and keeping an eye on our blog. Here's to the next chapter in the exciting world of Token and NFT trading!