RIPAEX: A HYBRID DECENTRALIZED EXCHANGE

in blockchain •  6 years ago 

Ripaex hd.jpg
Exchanges are a very integral part of cryptocurrencies and building and running one can be complex and insurmountable. It involves buying a reliable crypto exchange source code, hiring professional DevOps personnel, hiring customer support specialists, complying with national and international AML/KYC regulations and having liquidity from day one of the exchange start of operations. As is also the trend, starting an exchange means having a high level of investment form your venture capital reference. This doesn’t go without knowing that you do not have any guarantee on your exchange operations in the first 5 years. However, aren’t these conditions stringent? RIPAEX thinks so. RIPAEX thinks emphasis should be placed on only the things that matter. RIPAEX thinks that the source code of your exchange and the liquidity to offer to your clients should be given to you for free from the very offing. Therefore, it is bringing down the entry bar for those that want to start an exchange. To achieve this, RIPAEX is building a network of exchanges with an architecture that is efficient, secure, UI responsive, compliant and customizable.
Riaex UI.PNG
RIPAEX is building its Ripa Liquidity Service Provider technology on top of ARK. ARK is a blockchain for consumer adoption that focuses primarily on increasing consumer adoption for blockchain technologies. In essence, RIPAEX is helping people from around the world build their exchange easily. Yiu can find more out on this project by viewing the website at https://ripaex.io/ .
RIPAEX means RIPA Exchange.

RIPAEX UNIQUE FEATURES
• It is configurable and transparent
• It is open source
• Internationalization i.e it supports many languages and it improves its worldwide usability
• It features Proof of solvency
• It allows its users to create multiple accounts
• It has an enterprise exchange
• KYC verification

RIPAEX TOKEN AND DETAILS OF ITS SALE
The RIPAEX bockchain will have its own token (XPX) which can be used for the following purposes:
• Buy RipaEx gadget on RipaEx Store
• advertise new projects
• list new cryptocurrencies on Ripa Exchanges
• share liquidity between Ripa Exchanges in the same network
• pay for the sale of goods and services on authorized resellers with the RipaEx POS (Point of Sale)
The token sale event will be held in two separate phases where the XPX tokens will be sold. The token sale duration includes:
Pre-Sale: April to June 2018
RIPA TEC: July to December 2018
Token symbol: ₱
Exchange rate: ₱ / €0.10
Accepted currencies: BTC, ETH, ARK, LISK
Note that, 115,000,000 XPX tokens are seeded into the genesis block. Should you want to use a different currency, you can send RIPAEX your choice and they will inform you immediately if they can make the exchange and how to execute the operation.
Bonuses: All investors in the RipaEx ICO will be given €1,000.00 credit in trading commissions in the first Ripa Exchange instance running. Also, a bonus of ₱ 1,000.00 will be given to all new registered users during the RipaEx ICO to use at their own will.
RIPA TEC fund raise schedule:
Ripa fund raise.PNG

TOKEN DISTRIBUTION
Ripaex td.PNG
65% - Distribute in Pre-sale and RIPA TEC
15% - RIPA Founders team
6% - Marketing
5% - Bounties
5% - RIPA Community fund
4% - Ark.io SCIC

USE OF PROCEEDS
Ripaex fu.PNG
60% - Project development
20% - Marketing
20% - Legal support

ROADMAP
• Funding the project: XPX presale and RIPA TEC (WP2) – This phase ends in January 2019.
• First exchange opening and development of tools and resources (WP3) – This phase ends in June 2019
• - Dissemination (WP 7/8) and project coordination (WP1)

  • Development of hybrid-decentralized exchange (WP 4-6) – This phase ends in January 2021

TEAM
Giovanni Silvestri - Founder and CEO
Antonello Arena - Founder and CFO
Giorgio Isola - Founder and CDO
Luca Dordolo – Advisor
Adriatic Crypto Hub – Advisor
Jan Emil - Community Manager America
Only Trifiz - Community Manager EMEA
Bitmyst - Community Manager EMEA
Warren Rogers - Community Manager Africa
Goose – Developer
Pimoussefrnl – Delegate e.t.c

RIPA Exchange makes owning and running an exchange easier than ever. I, urge you, to partake in the ICO event before it is over so as to become a part of this exciting project.

Should you require more information on this project, want to join the bounty campaign or connect with other unique ICO participants across the globe, please feel free to click on any of the following links:
Website: https://ripaex.io/
Whitepaper: file:///C:/Users/St.PIKYN/Desktop/RipaEx_WP_EN.pdf
ANN thread: https://bitcointalk.org/index.php?topic=3759172
Facebook: https://www.facebook.com/ripaex
Twitter: https://twitter.com/ripaex
Telegram: https://t.me/ripaex

Published by: Mrconnect
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1757207
Ethereum wallet address: 0x69C516900e939e97C7c60Ca59bdaF15295556838

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
ARKArk0.708$-2.87%5.19%
BTCBitcoin6700.737$-0.7%2.99%
ETHEthereum238.322$-1.76%9.17%
LSKLisk3.443$-0.51%1.28%

Congratulations @charleyles! You received a personal award!

1 Year on Steemit

Click here to view your Board

Do not miss the last post from @steemitboard:

SteemWhales has officially moved to SteemitBoard Ranking
SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @charleyles! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!