In this article, we discuss how blockchain is not just a technology that is the foundation of cryptocurrencies such as Bitcoin and Ethereum. Various uses of the blockchain in the business world are increasingly known, from electronic contracts to bookkeeping and transborder transactions.
In various countries, the blockchain is increasingly gaining recognition from the government and the world of business and the profession. Although the basic definition of a blockchain is a distributed technology with lanes (ledger) that allows transactions to be validated without using a central database, blockchain in practice underlies fintech, healthteach, insurtech, legaltech, and so on.
The concept is simple: the distributed lane cannot be mutated and changed as non-blockchain technology as we know it. For example, MP4 files sent via email will be immediately duplicated "like a virus." One file can instantly become millions of files in an instant.
Blockchain files cannot be duplicated without changing the structure of information in them, so each file is a unique file with a single identifier. So, MP4 files are sent from my laptop when it arrives on your laptop, then the source files are no longer there. Each transfer of hands will form new information that is a unique distinguishing element that is second to none.
this project is related to the world of trading called 1st TRADE - A Secure & Compliant Exchange Driven by Blockchain Technology. Before the discussion, you should read reviews that can help obtain information in seeing their vision and mission. Hopefully this information,
About the project
1st TRADE consists of two common independent words-- First and Trade, for easy memory and use. First Trade symbolizes the preferred trading platform. 1st Trade team hopes that 1st Trade will become users' first choice for exchange that offers blockchain-based trading and derivative services in the near future.
1st TRADE is an innovative crypto-asset exchange site developed using independent intellectual property rights. Behind this platform is an experienced, strong and hard-working development team, who has years of experience in the blockchain industry, the banking system and so on, and therefore they use various innovative technologies in development. Using this technology, the frequency of matching with one server system, imagine can reach 50,000 / TPS, while it can grow with maximum increase. The platform has been using such a system for 1.5 years and during this time period there were no problems in the internal operating system, risk management system, finance, and so on.
It is known that many exchanges face problems such as security. Therefore, 1st TRADE has developed an independent risk management system so that, with the slightest effect of fraud on transactions, the wallet reacts immediately to this and delays this process.
1st Trade will offer derivative services such as institutional high-frequency trade quantification, Staking node business, VC, PE, hedging insurance and blockchain insurance based on the blockchain wallet system and multi-signature architecture of blockchain asset escrow architecture.
The white label trading system of embedded blockchain assets has been reasonably configured. 1st Trade will also offer institutional accounts to users in accordance with the user's rating system so that institutional accounts can be created independently of the trading system, and exchange depth information can be shared in real-time.
Trading Platform
Each Exchange site has a different trading platform display. And there is no "review that this is the best display" but from each site one with another has almost the same features with each other. You have to determine for yourself which trade view is most suitable for you. What this trading platform generally has is that they all show order books or at least parts of the order books, selected cryptocurrency price charts and order history. They usually also have a sale and purchase box. Before you choose an exchange, try to see the appearance of the trade so you can make sure it feels right for you.
Community incentives is the core function of the token
The token platform will be designed with community incentives as the core function. That is to say, 1st Trade will encourage community members based on a reasonable contribution rate to inspire community members to invite new members and to improve online announcement functions; promote decentralized community building and overseas autonomy through node functions; effectively activate community members through token rewards and various activities. 1st Trade team will finish the multi-level reward and punishment mechanism such as onchain cross-token Staking services, onchain incentives mechanism and trading contributions incentives in the future.
1st TRADE Token (FRT)
FRT - short for First Trade Token. This token is the ERC20 standard and is the domestic currency of the First Currency Exchange. FRT supports project work and exchanges trading with many crypto assets. Therefore, FRT is an important part of the entire TRADE ecosystem. FRT can be used in various exchanges and other wallets, for example, myetherwallet, metamask and so on.
INFORMATION TOKEN
TOTAL SUPPLY: 500,000,000 FRT
ROCKET UP HARD CAP ： 6,300,000 USD
ROCKET UP AMOUNT ： 105,000,000 FRT
SUBSCRIBE PRICE ： 1 FRT = 0.06USD
AMOUNT FOR THE 1ST ROUND ： 30,000,000 FRT
PRIVATE SALE PRICE
LEVEL 1 ： 1 FRT = 0.054 USD
LEVEL 2: 1 FRT = 0.042 USD
LEVEL 3 ： 1 FRT = 0.03 USD
SUBSCRIPTION LOCK PERIOD ： NONE
DISTRIBUTION TIME ： NOVEMBER 26,2019 AT 13:59:59 (HKT)
EXCHANGEABLE TOKEN: USDT ONLY
TYPE TOKEN: ERC 20
Distribution Token:
20% - Project support, various operations, and team incentives.
10% - Marketing, PR, gift companies.
15% - Legal side.
21% - IEO sales.
34% - DPoS mining.
For more information about 1st TRADE, please click the link below:
Website: https://www.1strade.io
WhitePaper: https://www.1strade.io/doc/FRT-en.pdf
Twitter: https://twitter.com/1stTrade1
Facebook: https://www.facebook.com/1strade
Linkedin: https://www.linkedin.com/company/1strade
Telegram: https://t.me/FirstTradeOfficial
Reddit: https://www.reddit.com/user/1strade/
Medium: https://medium.com/@1stTrade
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5201001
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