Even though the USA’s market crash happened nearly a decade ago, the effects of it can still be seen today. The crisis seemed to have happened overnight, but in all likelihood, it was brought on by a lack of transparency with regard to lending and stock trading.
As the world continues to grow, and become more digitized, traditional banks still seem to unable to move pass their self-imposed rigid systems and processes. It seems as if the issues that contributed to the 2008 economic crash have changed little over these last nine years. The markets might be booming now, but how soon before history repeats itself?
This lack of transparency extends to the investment environment as well. In addition to this, investing can become very expensive with fees being paid to brokers and advisors. Keeping record of these financial transactions also offers a wide margin for error and fraud, further contributing to the insecurity and possible dangers of traditional investing and banking.
Blockchain technology offers an innovative solution to these problems. Being a decentralized network, it is not controlled by a single entity, such as a bank or the government. It is a peer-to-peer networkproviding record-keeping and transaction storing solutions. Blockchain is completely transparent and immutable, which means that no record or transaction can be edited or deleted.
Trade.io aims to combine this revolutionary technology with their experience in the financial sector to bring an innovative solution to common issues relating to traditional trading. The platform aims to both equalize the market and offer trading options for a variety of assets.
Even though it operates through blockchain, it does provide a regulated environment to conduct these transactions. However, blockchain technology will offer a secure space to list crypto assets to trade and finance.
Tradio.io’s expertise is not just limited to the crypto industry though. Members will be able to trade in traditional Forex, as well as CFDs for commodities such as oil and precious metals. Even though the platform will offer 120 products at the launch, they will have the capacity to trade in many more.
Using this platform, and its blockchain technology, means that there is no need for a middle man or a broker. Not only will this make the investment process more efficient, it will make it more affordable as well. No more broker fees mean more money to invest for individuals and for companies.
Trade.io is also fully compliant with all required regulations, AML, KYC and compliance. The platform also has plans to obtain both a Swiss banking license and an exchange license, broadening their offerings even more.
So, how exactly does trade.io hope to accomplish these goals?
The answer is with the use of their Trade Token. This utility token will be the currency used on the platform. Not only will it be used for transactions, it also acts as a store of value.
Trade Tokens are also used to contribute to the combined liquidity pool. These tokens are stored in your trade.io wallet, which is also where your daily payouts will be paid into. In addition, any losses will be deducted from this wallet.
Trade.io will also help companies get listed on their platform, or tokenized, which will result in both placement- and transaction fees. These listed companies will have to have real-world assets to obtain Trade Tokens though. This will essentially make Trade Tokens the only cryptocurrency backed by tangible real-world value and assets.
One of the platform’s future aims is to allow its users to contribute to upcoming new issues and ICOs/IPOs on trade.io. In addition, these listed companies will have the opportunity to reach a global audience, achieving astronomical brand awareness. These companies also pay greatly reduced transaction fees and costs.
ICO Detail
The platform’s Pre-ICO began on the 7th of November and will end on the 25th of November. There are 200 million Trade Tokens available to purchase during this phase, with 1 ETH being equal to 200 tokens. However, trade.io is accepting both crypto- and fiat currency.
Any unsold tokens will be added to the 75 million allocated to the ICO sale, which is scheduled to begin on the 28th of November. It will end on the 15th of December. All unsold tokens will be burned after the end date.
Out of the total token supply of 500 million, 275 million Trade Tokens have been allocated to Pre-ICO and the ICO sales. Another 50 million tokens will go towards the liquidity pool. Advisors and vendors will receive 20 million tokens. The founders and developers will receive the bulk of 100 million tokens, with the remaining 55 million tokens being held in reserve.
Trade.io has a soft cap of $5 million, which they have already passed. They have raised over $8 million so far.
The platform already has some companies interested in the early adoption of their services. These include FX Primus and Primus. There are also a few companies that are planning on using the platform for their own IPO or ICO. These include Incentives SA, The Human Baton and The Great Fundamentals.
Team Members & Advisors
The highly skilled and knowledgeable trade.io team is led by CEO, Jim Preissler, who has over 20 years’ worth of experience in the financial industry. Trade.io has also brought on board billionaire Chien Lee as a trusted board member and an investor.
The Swiss-based platform was established in September this year. Trade.io hopes to complete their MT4 blockchain integration by December 2017. The team hopes to form their liquidity pool by January 2018, and will launch their trade.io exchange in April next year. July 2018 will see the platform launch their investment bank after obtaining their Swiss banking license. Trade.io has scheduled their IPO for December 2018.
With their vast experience and willingness adapt to the ever-changing digital climate, trade.io offers an innovative and revolutionary way to invest and trade in crypto and traditional assets. By already exceeding their soft cap, and garnering interest from early adopters, it is clear that they are well on their way to being a major player in the crypto and asset investment environment.
I just read their white paper , project seems to be very promising. Thank you for your detailed post.
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yes, it is good project. Thank you
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Just started using trade.io.
So far it seems really good.
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Yes it is good project.
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seems to be good project.
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yes it is.
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Want to earn money online? Trade.io is here to disrupt traditional investing,use it!
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check their website for more Information
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Does such trading involve any risk as other platforms do? or this one is kind of investment? Thanks
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Yes,you will also take risk when you invest to us as.
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its a helpful artical
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Thank you
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trade.io is a blockchain, next generation regulated revolutionary trading platform featuring a unique profit-sharing liquidity pool.
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Yes.... you can check their website for more info
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Good project. Dreams are good.
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Rite, it is good project
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Demand of crypto currency....will increase day by day... by the way... informative post...thanks for sharing...
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My pleasure. Thank you
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It is a very helpful artical and good project for us.
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Thank you
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