RipaEx - A Crypto Asset Marketplace

in #blockchain6 years ago

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.


After my research, I found this project in which I really put my faith: RIPAEX. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

ABOUT RIPAEX

RipaEx is a Crypto Asset Marketplace that will host several cryptocurrencies exchanges, the main focus of the project is to provide resources and technologies to allow the opening of new exchanges at a more affordable cost, through an Open Source Exchange platform totally free, efficient, reliable and will also have shared orderbook with all other exchanges of the network making even the new exchanges have liquidity since its first day of operation.

Ripa Exchange is a hybrid-decentralized exchange with main focus with lowering entry level for opening new exchanges and offering crypto-traders secure trading partners operating daily. Peatio, an open source code is used built Ripa Exchange and courtesy to (Ripa liquidity Service Provider) which is similar to normal service providers enables each exchange in RIPA network share similar orderbook thus providing liquidity to the exchange managers to offer to their end users from first day.

FEATURES OF RIPAEX PLATFORM

Open source

Peatio is a custom architecture for cryptocurrency exchange solution, allowing easy connection to KYC/ AML, authentication, ETL / reporting and other services;

Verification of KYC

Peatio is effective KYC and exchange KYC information to meet the standards of banking supervision and comply with the requirements for Due Diligence (CDD);

Transparent and customizable

Peatio is a true open source technology that provides reliability, transparency, flexibility and the ability to customize all new blockchain-based projects;

Internationalization

Peatio supports a wide range of common languages and improves the usability of the decentralized platform worldwide. The developers are going to do everything necessary to provide their customers with the opportunity to establish mutually beneficial cooperation;

Proof of solvency

Peatio Proof of Solvency (PoS) allows users to verify the solvency of a Peatio-based cryptocurrency exchange without compromising privacy. This is a real guarantee of protection against fraudulent schemes used in the modern world;

Multi-Accounts

Peatio allows you to create multiple accounts and trade in different currencies. Peatio makes it easy to trade different currencies. You no longer have to spend time looking for different services - all manipulations with the cryptocurrency can be performed within a decentralized platform;

Corporate exchange

Peatio enterprise exchange capabilities include a high-performance compliance mechanism, scalable distributed workflows, and two-factor SMS authentication;

Functionality and intuitiveness

The most simple, convenient interface for registration and login.

Individual Deposit and withdrawal procedure and built-in audit of solvency verification.

Ripa Exchange trading console

The Ripa Exchange trading console is a fully responsive trading interface, built with a flexible design that gives you a great opportunity to save time and money, allowing your customers to conveniently access your content on any device.

Ripa Exchange specializes in developing beautiful interfaces for content, while balancing your application so that it is consistent as the viewing area increases.

Ripa Liquidity Service Provider (RLSP)

The platform will share liquidity through the Ripa Liquidity Service Provider (RLSP) functionality that will create a unified orderbook connecting all the exchanges in the RIPA network guaranteeing high liquidity. This functionality combined with two other innovative Smart Bridge and ACES technologies will be able to make the Ripa exchanges perform cross-chain operations, that is, distinct blockchains will be able to exchange information.

RIPAEX NETWORK SOLUTION

The RipaEx system will offer finish answers for emboldening the aperture of incipient crypto trades. This will enable them to make a solid and prosperous system of decentralized trades cooperating in a consummately secure framework through blockchain innovation. The principle objective of the task is to bring down the boundaries by enabling the trades to center around what authentically is consequential.

This implicatively insinuates it will never again be consequential to stress or invest energy and cash building up a stage or even have a high mazuma to give liquidity since that is precisely what RipaEx proposes to convey to the incipient trades, expanding the potential outcomes for them can utilize their business.

TOKEN AND ICO DETAILS

Token Name: XPX

Supply: 115 Million XPX

Tokens for Sale: 74,750,000 XPX

RIPA TEC: July to December 2018

You can get XPX here: https://tec.ripaex.io/sign-up

Keeping on growing RipaEx has reached 500+ registered delegates, 11,500+ Telegram users, 8,000+ Twitter users and 600+ Slack users. The XPX currency will be listed in the following two exchanges starting from Monday 29th October 2018:

Graviex https://graviex.net/
Altilly https://www.altilly.com/

The choice for those two exchanges has been done as we value small ecosystem growth and we like to support the exchanges platforms that we consider secure, efficient and innovative. RIPA TEC will close on 11/16/2018 if the two integrations with Graviex and Altilly are working smoothly.

The tokens not exchanged during the RipaEx Pre-Sale and RIPA TEC phases will be distributed as follow:

₱30,000,000 locked and used to finance the Ripa Exchange development during the ROUND TWO financing that will start in January 2019

₱20,000,000 burnt to support price stability of the XPX currency to be burnt in batches of ₱1M - ₱5M each

₱20,000,000 locked for the time being to make sure the Ripa network will not go in the hands of unknown people that may not agree with the RipaEx vision

Functional Analysis for Ripa Exchange is as follow:

CRYPTO <-> CRYPTO exchange
25 currencies from POW, DPOS, MasterNodes, ERC20 (if is in reach)
Possibility to add WebWallets deposit/withdraws (OKPay, PayPall, NETELLET, others…)
Log in via Facebook, Twitter, Goolge+, (is really needed??)
FIDO Alliance security standards
Separation between user registry, trading UI, trading engine, deposit/whitdraw engine

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

The central goal of this project is to assemble the world best open source crypto resource commercial center with an elite exchanging motor and security which can be trusted and appreciated by clients. Be a part of this tremendous project and follow these links for more information;

Website: https://ripaex.io/

Whitepaper: https://github.com/RipaEx/whitepaper/raw/master/eng/RipaEx_WP_EN.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3759172

Twitter: https://twitter.com/ripaex

Facebook: https://www.facebook.com/ripaex

Steemit: https://steemit.com/@ripaex

Telegram: https://t.me/ripaex

Author

nugezmils

BITCOINTALK PROFILE

https://bitcointalk.org/index.php?action=profile;u=172962

RIPA ADDRESS: PNp8iTzV9BmK5SJYKWR2AacpUeMSHWkwjG

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