Tokeneo - World's Community-owned Crypto Exchange

criptobitco (39)in #exchange • 6 years ago

The overriding objective of Tokeneo consists in creating a one-of-a-kind system which will enable investors to participate in the financial success of the platform. The natural questions that get asked are ”what makes us stand out from tens of other existing cryptocurrency exchanges” or ”why what do is significant”? Answer them and explain it all below. Will familiarize you with a signature dividend-based system of Tokeneo which constitutes one of the most critical elements of platform. From the very beginning of works top priority was to offer a token that provides provides a real passive income and a secure and steady source of regular proceeds without the necessity to speculate.

To put it simply, Tokeneo is a cryptocurrency and token exchange whose investors (the holders of TEO tokens) will be in a position to participate in the distribution of the generated profit. Yet ambitions go way beyond the creation of another trading platform. The aim of business activity is to build a complete ecosystem of cryptocurrency-related services for a fast growing industry with Tokeneo being its most critical element.

At the same time are working on several satellite products that complement the exchange offer and match the specific market needs. It will be an online cryptocurrency exchange office Tokeneo.cash enabling a fast token exchange without any additional identity verification and the very first Polish cryptocurrency fund Cryptoinvestia which aims at making it easier to enter the cryptocurrency markets for the persons who are only learning the nuts and bolts of the blockchain technology. Given the reality of the current technologies that keep developing rapidly, only a comprehensive comprehensive approach can guarantee resounding success, therefore can assure you that Tokeneo will offer an exceptionally wide range of products where there is something for everyone.

Tokeneo will be the first exchange which you can really own. Each and every TEO token holder will participate in the distribution of profits from the transactions on the exchange. Everyone will receive on a daily basis 50% of the profit generated by the exchange. Tokeneo is the only exchange and the only ICO which guarantees in 100% its establishment. Irrespective of achieving the fundraising at the soft cap or hard cap level or below Tokeneo will come into being with the use of own funds as well as investors’ funds in the amount collected by us.

Concept

Concept consists in a core principle of an even distribution of profits between the exchange and the investors supporting it at an early stage. The total of transaction fees collected as a part of system will be in 50% allocated automatically to the wallets of users. The fees themselves can be collected in the form of all tokens available on the exchange, therefore as a TEO holder you will de facto be in a position to “mine” several, a dozen or so or even several dozen cryptocurrencies at once. The disbursements will remain proportionate to their involvement in the platform expressed expressed by the amount of TEO tokens deposited on exchange. In order to join the system, all you have to do is to register your account on exchange and make even the smallest TEO deposit.

Mission

From the very moment of launching the Tokeneo platform its users will have a chance to freely trade on the minimum of twenty five token markets, on which thanks to the raised funds can ensure appropriate liquidity. The selection of these markets will correspond to the current sentiments in the industry, it will focus on the most interesting available technologies, the biggest potential for their growth and adoption, but also taking into account the expected turnover. Determined to support the projects with long-term strategy and development plan and having the most most solid foundations, since this is convergent with own investing philosophy. Will also prop up the projects that can, to some degree, complement own offer and extend the range of services rendered by Tokeneo so that could remain competitive to other platforms.

Bitcoin will, at an early stage, serve as the main settlement currency for entire ecosystem, hence the alternative currency markets will operate in pairs to Bitcoin. One of the highlights of offer will also be the fiat markets, that is the markets of national currencies. will make every endeavor to have at least one of the cryptocurrencies with the open fiat market for the currencies like EUR, USD or GBP already at the moment of the exchange launch. The options available to the users at the moment of the exchange roll-out will at the initial stage constitute the essence of offer. At the very very beginning Tokeneo will offer approximately twenty five cryptocurrency markets in pairs to Bitcoin. Tokeneo will also offer deposits in a selected fiat currency such as EUR or USD, which means opening additional markets in cryptocurrency pairs to fiat.

Probably it will not come as a surprise to anyone that first will focus on the Bitcoin-fiat markets, but can guarantee that more are to come as early as this year.

In order to facilitate access to platform for as many people as possible, for the individuals trading in the national currencies other than EUR or USD a fully integrated sys system will be in place, allowing for the exchange of the already deposited funds into the target currencies, whose markets will be opened in pairs to, for example Bitcoin

Security

The security of the investors entrusting their funds to us in the ICO is utmost priority. The dividend-based system was devised with a view to minimizing the currency risk and curtail manipulations on the TEO market. The very fact that as much as 90% of these tokens will remain in the hands of the investors will also contribute to significant risk reduction and it will enhance the investment comfort of the fundraising participants. What consider of pivotal importance is transparency and untrammeled exchange of clear information between the investors and Tokeneo. coopera cooperation with government agencies and the careful selection of the appropriate jurisdiction also proved to be instrumental in increasing the security of both investors and users and the stability of running a business. As regards such issues, continue to conduct consultations with the local authorities on an ongoing basis and were able to obtain the best possible solutions for us. The technical side is taken care of by certified companies which handle the issues of cybersecurity – they will monitor regularly all the processes taking place on servers and they will respond rapidly to any hacking at any hacking attempts.

Token TEO

The TEO token sold during ICO will be based on the ERC-20 protocol, so it will remain compliant with the principles and guidelines for the digital asset generation in the Ethereum network. The tokens will be generated under the contract operating in the base network. The total supply of TEO token amounts to 100’000’000 items (one hundred million) and this number will not change with time. The TEO tokens sold during the fundraising will be the only ones ever to be purchased. After the ICO completion, people interested in project will have a chance to repurchase the tokens tokens only from the persons who had purchased them originally during the initial offer. This will be possible in the free exchange market such as, among others, the Tokeneo exchange.

The holders of TEO token will participate in the distribution of profit generated by trading platform in accordance with the principles specified in this document. The profit will be distributed on a cyclical basis and paid out directly into the internal wallets of the exchange users in order to avoid generating any additional costs in the form of transaction fees in the parent networks of the collected tokens. Tokeneo will collect transaction fees in the form of tokens of individual currency pairs (for example, Bitcoin in pair to Litecoin) in each and every market can expect income in the form of two tokens (in this case Bitcoin and Litecoin). The fees collected in this way will be divided proportionally to the number of the held TEO tokens and sent to the exchange wallets of the user participating in their distribution.

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