Hello, Im going to tell you about Ecex.Exchange, an Ethereum based decentralized exchange that will provide its users with a variety of features to facilitate possible investments of different types such as buying and selling of insurance contracts and assignments.
But that's not it, what I mean is more deeper about the project that depends on what I understand based on their whitepaper so please bare with me If I would get a little bit imaginative of the words I would use. And Ecex.Exchange goes like this.
Ecex.Exchange
We all aware of decentralized exchanges like Etherdelta BUT there are many flaws we are about to see as time goes by, like hacking attempts and success, no security team, no customer support, and no progress because they don't have a roadmap. Here Ecex.Exchange would try to disrupt the decentralization of exchanges, not only by conducting their own ICO but by creating their own utility token the "Ziggurat Tokens".
What would the Exchange look like?
It's more of like a stock stmarket rather than being a normal cryptocurrency exchange.
Unlike normal cryptocurrency exchange, decentralized stock market is very transparent and fast and it will allow trading claims, invoices from the moment they are being issued until the payment date. Claims, invoices will be traded until the obligations are either met or erased due to bankruptcy or natural end of the issuer. The owner of the invoice or claim can delist his right any moment (and exercise his right to realize their own requirements).
As all traders know, all markets function through leading brokerage firms and online
brokerage firms. All traders want to be close to possibilities that allow them to make fast decisions and make actions directly, using market data and trading terminals. PlanetZiggurat will spread all relevant trading data to leading brokerage firms and online brokerage firms.
Maybe oneday I would love to be a crytpo broker instead of trader because being a broker could help new comers on crypto to set a good trade and would give a lot of opportunities.
The Ziggurat Tokens
Ziggurat Tokens represents a decentralized virtual currency represented in specialized
Ethereum smart contracts following an "ERC20" standard. Ziggurat Tokens enable
participants to interact with Ziggurat’s Ecex.Exchange marketplace services, as storage,
content, and data are obtained with Ziggurat Tokens as partly a payment mechanism.
Ecex.Exchange Ziggurat Token distribution and the corresponding token creation process will be organized around smart contracts running on Ethereum.
Token name: ZIG
Total Token Supply: 531,000,000 ZIG. Tokens that are not sold during the Token
Distribution will be destroyed.
Goals: Maximum: $53 million
And the amount of proceeds they could get after the ICO would be distributed here
Token distribution:
Foundation — 10%
Partners — 7%
Founders — 7%
Advisors — 6%
Bounty — 4%
Token buyers— 66%
Ziggurat Tokens Advantages?
Advantages related to Ecex.Exchange Trading Platform pricelist.
Examples:
All service fees are for Ziggurat Token holders payable with Ziggurat Tokens.
Let assume that transaction cost is 20 EUR. Ziggurat Tokens holder will pay 20 Ziggurats.
Let assume that guest service fee is 50 EUR.Ziggurat Tokens holder will pay 50 Ziggurats.
For paying for Exec.Exchange Trading Platform services Ziggurat Tokens can be used on
exchange rate 1 ZIG = 1 USD (this rate only Ecex.Exchange Trading Platform if paying for
services.).
We project our transactions amount several million, in the end, third year. It gives great
opportunity trade tokens in free marketplaces or uses them on Ecex.Exchange Trading
Platform.The Ziggurat Tokens will be an integral part of the Ecex.Exchange Trading
Platform as a means to support and pay for the services on the Ecex.Exchange Trading
Platform.
Though they have an ambitious goal, but being with the team they have, I think it's manageable also because of the community that supports them. Thus saying, this is a good project and have a lot of potential to disrupt the market.
To know more of them, you can visit these links below,
Website: https://ico.ecex.exchange
Whitepaper: https://ecex.exchange/whitepaper/WhitePaper.pdf
Facebook: https://www.facebook.com/PlanetZiggurat/
Twitter: https://twitter.com/PlanetZiggurat
Medium: https://medium.com/@PlanetZiggurat
CREATOR
aervin11
https://bitcointalk.org/index.php?action=profile;u=1196880