# Article for my University

**URL:** <https://bisq.community/t/article-for-my-university/6980>\
**Category:** Promotion\
**Created:** [January 22, 2019, 10:17am UTC](https://bisq.community/t/article-for-my-university/6980 "2019-01-22T10:17:33Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![MarcusGerlitz9](https://bisq.community/letter_avatar/marcusgerlitz9/32/5_5575768a8748004e209b776fc1b2916d.png) [@MarcusGerlitz9](https://bisq.community/u/MarcusGerlitz9)\
**Post date:** [January 22, 2019, 10:17am UTC](https://bisq.community/t/article-for-my-university/6980/1 "2019-01-22T10:17:33Z")

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Hello,

I’m gonna write an article about exchanges for University of Neuchâtel in Switzerland.

I have three questions:

1)Exchange is decentralized or centralized?

2)Exchange was ICO?

3)Do You have your own tokens/coins?

Best regards,

Marcus Gerlitz

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<div class="post-metadata">

**Author:** ![alexej996](https://bisq.community/user_avatar/bisq.community/alexej996/32/491_2.png) [@alexej996](https://bisq.community/u/alexej996)\
**Post date:** [January 22, 2019, 10:21am UTC](https://bisq.community/t/article-for-my-university/6980/2 "2019-01-22T10:21:25Z")

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Bisq is decentralized. It is P2P without any third party in between.  
Devs are currently working on a Bisq DAO token called BSQ, that will give us some new useful features.

There will be no ICO, there never was and Bisq doesn’t list altcoins that had an ICO. It is quite strongly against ICOs.