Brokerage Industry Starts To Dating Blockchain
After the mainstream businesses have already started to begin exploring and using the blockchain technology, it is now a Swiss trading platform / brokerage called trade.io began to see this momentum as the good opportunity. With blockchain technology, they see an opportunity to democratize the market so that it is expected to save investors and companies money.
In addition, with blockchain technology capabilities that enable transactions to be done in a secure way, transparently and un-manipulated, trade.io believes that this platform will be able to bring in the investors to trade in their platforms.
Trade.io has the vision to be the most competitive and versatile trading platform and financing tool more than just the usual crypto asset exchange platform. In addition to cryptocurrency, they will also offer forex and CFDs of precious metals, oil, commodities, global stocks and so on. At the time of its release later, it is said that trade.io will provide more than 120 products to trade, especially with the use of the blockchain technology that is being developed, it’s predicted that the transcation performed in this platform will become unlimited.
In terms of its founders, in the whitepaper of trade.io it is said that their team has had a long journey and experience in the world of trade or brokers. His advisers have also had a record of success in setting up several brokerage firms like FXPRIMUS and Primus Capital Markets in the UK. Its founders have started this brokerage business since 9 years ago and have licensed its business to become a foreign broker and CFD trading platform that has been able to manage $ 180 Billion transactions annually.
When this article is written, trade.io is doing Pre-ICO. They are targeting 200,000 ETHs to be exchanged for 200,000,000 TIO(Token Trade.io) or approximately USD $ 100M.
Competitive advantage
Before we start discussing the competitive advantages that trade.io offers, let find out first what the trade.io services or features that will be provided by them, as follows:
- By having a trade.io token (TIO) users will have the opportunity to trade on this platform.
- Liquidity Pool. Profits and losses earned from trading activities will be distributed evenly to traders. Investment Banking. The trade.io platform will make investments to its users and will distribute 50% of the profit or loss of trading activity.
- Daily Distribution. Every day this platform will distribute the results of the investment to its members who have IOP and join the liquidity pools.
- The company will make every effort to follow any securities or other related rules in various jurisdictions, such as applying Know Your Customer (KYC) and Anti Money Laundering (AML) systems.
In addition to the above-mentioned, trade.io will also offer products in the form of virtualization of physical assets to be backed up by using their token, where it is expected that with this service, the request and use of token tokens (token utility) can continue to increase in value as measured by time to time.
One of the competitive advantages of the trade.io is that its liquidity pool that believed to be able to offer a fairly promising Return of Investment (ROI). TIO owners have the option to access into the liquidity pool and contribute to it. Half of the profits earned on the platform will be distributed daily to TIO token holders. This can be understood as one form of business model that will increase user loyalty, increase the demand for token in the market and make distribution of profit according to the principle of sharing economy.
In this liquidity pool, each user is required to lock at least 2500 TIO as a membership fee. After that they can deposit their digital assets such as bitcoin or other alternative cryptocurrency that will be used in the liquidity pool platform. Participants will receive payment or withholding in the event of a daily loss.
In this service, if the member do the participation in the form of TIO then it will get the greatest benefit, on the contrary, if using fiat money it will get the smallest profit. Details about exact figures will be provided by the founding team in the near future.
Here is the Graduated Plan Scheme that will be used to determine the daily profit sharing for each participant:
How to Participate?
First of all, pleasem make sure first that you already read and have the proper knowledge to start investing in this project. You can search for in-depth knowledge of this trade.io at the following link:
Website: https://trade.io/
Whitepaper: https://trade.io/whitepaper/EN.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2367245.0
After having all the information you need, you can directly register at the "ICO Pre Registration" section. At that link you will be required to fill in the registration form containing the email, name and password. Immediately click the "Open My Account" button and follow the next steps given by the website.
Trade.io ICO opens opportunities for those who wish to participate in this project by issuing 500 million Token with the following percentage of distribution:
The PRE-ICO period is scheduled to start from November 7, 2017 until November 25, 2017, followed by an ICO period scheduled from December 5, 2017 to December 15, 2017. Regarding the pricing details and bonus schemes they offer, you can directly visit their website on the links provided in this article.
by: hyadumadha
profile: https://bitcointalk.org/index.php?action=profile;u=1082055