[ANN][PreSale][STEX]1-st Exchange Aggregator of Liquidity to trade all coins in one place on one Smart Exchange platform

STeX Smart Token Exchange is the 1-st smart platform to trade all coins in one place.

PreSale started on 8 August 2017 ANN thread https://bitcointalk.org/index.php?topic=2067122.0
We invite a strategic angel cryptoinvestor (1000+ ETH)

Join new project from the founder of renowned KeyCAPTCHA service
used by 20,000 companies and serving 40,000,000 users every month
with 99.99% uptime sinсe 2010!
https://STeX.exchange

STeX is 1-st publicly owned cryptoexchange with 100% commission distribution among token holders.

We have what other exchanges don't have - a complex solution to solve liquidity problem
and we know precisely how to implement this into reality.

We have announced STeX Award! Bounty Campaign at https://bitcointalk.org/index.php?topic=2069043.new#new

The pain we alleviate:
The cryptocurrency world has experienced such an enormous and explosive growth in recent years
that no existing crypto exchange is capable of “swallowing”. One coin is trading on one exchange, the
other coin is on the other, but there is no one and single place for all coins. But we are providing one
single place and platform to trade all existing coins and we exactly know how to implement this in
reality.
No known exchange is doing specific calculations for high net investors. Without this information,
more or less larger investor cannot take an informed decision. The scourge of the modern exchange is
terrible liquidity. This is right there where we deploy our private algorithms and technical solutions to
solve this problem. We cannot fully disclose our how-to solutions and all the technical details because
of competitors. We believe in Warren Buffet’s strategy of building up a moat around our business
model and successfully implementing it in the crypto sphere.

Smart & sophisticated platform for everyone
You can choose who and what you want to be in the market:

1. User or Trader
   Whether you want a simple coin-to-coin exchange or intraday trading, we will provide
   planet-wide best rates for thousands of crosses and much better liquidity than ever before because of
   sophisticated arbitrage algorithms and unique platform architecture. You will get access to all types of
   orders, starting from stop-loss to conditional, based on technical indicators. You will be able to assess
   with a click of a mouse what bid/ask spread you will get based on the size of your position. With the
   new architecture it will become possible for all orders be routed in such a way to get the best fill price
   among all other exchanges and with maximum possible speed.

2. New Financial Universe
   Open your own hedge fund in just one click - or choose one to invest in. Scan the market for
   successful traders and managers with your own criteria - or set your own rules to attract investors - in
   fully secured and scum-protected platform.

3. Full magnitude of financial services
   We are going to bring futures and options to the cryptocurrency trading. If you are far from financial
   markets - it is a more professional and effective way of trading securities than direct-trade, because of
   build-in leverage. With futures you can open a position in a coin - covering just a fraction of it as a
   deposit - and still keep 100% of profits.
   We have detailed, worked out solutions to most existing problems in exchanges, which indeed are
   brilliant. In order to protect ourselves from competitors, we are going to disclose more details right on
   the ICO eve.

Competitive advantage
Our idea is simple - and extremely complex at the same time. We clearly know how to become the
hub of liquidity and central crypto exchange. Our top priority tasks are filling orders with highest
possible speed at most attractive bid/ask prices and providing the convenience of all trading
instruments in demand. Our advantage is 20 years of successful practical experience in this field on
traditional stock, futures and options exchanges and technically perfectly skilled programmers team.
Knowledge and speed of implementation are our friends to keep competitors behind at a safe distance.
The time has come to bring the full force and scope of traditional financial market's instruments into
cryptocurrency niche such as:
• Higher liquidity
• Cross-rates
• All possible types of orders such as stop loss and conditional ones based on technical
indicators
• Futures
• Leverage
• Options
• Indexes and ETFs
• Investors and managers
Out-of-the-box in one trading platform. And what’s more important, we’re giving freedom to everyone
to gain from any role they want to pick in this new forming reality.

Key concepts:

1. With relatively small financial investments, we will be able to create a global trading platform.
   The rest of funds will go to market making activities to create even higher liquidity.
2. Horizontal scaling. Our ready to use technology and platform architecture will easily handle any
   number of growing user base. With our previous successful KeyCaptcha project 40 million users,
   several billion database entries and over 100k of requests per second not at all problem for us.
3. Our technical team is perfectly capable to handle a 100x increase of trading volume and
   revenue. That means more monthly dividends for our investors.
4. The key problem of other exchanges is snail like speed and order routing delays. We have a
   ready to implement recipe to solve this problem.
5. Convexity of risk/return. For those of you not familiar with options trading, this term means
   having little risk with a large potential profit. Our secret sauce is that we have a ready solution how to
   use this principle in crypto exchange to propel trading cryptocurrencies on a totally new level.
6. We are moving at an extremely high speed. Our team is able to implement quite a complex
   project in the shortest possible time.

5 bullet-proof reasons for end users to stick with this project from the very beginning:

1. You'll get 100% commission free trades every month in the amount 100 times more than that of
   subscription itself (current 30-days SMA from market value of STeX token is used for this porpouse) in
   the form of a rebate.
2. Advanced benefit for original ICO subscribers - you'll get 20% bonus from commissions
   distribution as long as you keep holding originally distributed tokens. Tokens, bought after ICO on the
   open market, do not have this advantage. This means that tokens, that never changed owner, share a
   20% of commission distribution among them, and over time less amount of originally bought tokens
   will share ever growing stake of distributions.
3. After this 20% distribution we are going to distribute the rest of commissions (80%) among all
   existing tokens, including original ICO tokens.
4. How to hack our system! You can link unlimited number of trading accounts to your token holding
   account and use the feature mentioned in the paragraph 1 as a referral system, sharing commission
   rebate mentioned above at the rate of 95% / 5% with any affiliated account.
5. We will distribute all 100% of collected commissions among our shareholders excluding expenses
   on a regular monthly basis.

STeX.exchange (STE) Token Structure
We designed our token in such a way that it could fully support the whole life cycle of our DAO. Such
measures have been undertaken so that to make sure the price of STE would continually strengthen
and grow. First, presell investors will get 10% of the tokens sold during ICO. Second, the price at the
beginning of ICO would double from the very start and will double every 5% of tokens is sold. We even
provided the way “to hack our system” in order for our investors to benefit the most using our partner
and distribution program after Stex.exchange starts functioning and generating commissions.

Investor advantages:

1. Fixed token supply of 100 000 000 STE (8 decimals) with no possibility of additional
   emission. You can rest assured no extra tokens will ever appear in the circulation. We
   deliberately excluded such a scenario. After ICO we will burn unsold tokens. This provision is
   made in the DAO contract.
2. Transparent Phase 1 (Presell) terms with the minimum limit of 500 ETH and maximum
   cap of 15 000 ETH to raise. The cap during presell phase is needed to make sure the presell
   investors are not diluted during the ICO phase. This provision is made in the DAO contract.
3. Presell investors are generously rewarded for early contribution and will get 10% of the
   funds raised during the next ICO. For example, if we raise 2 500 ETH during presell and 250
   000 ETH during ICO, 25 000 ETH will be distributed among the presell investors. That is 10
   times more than you invested and 1000% return on investment. We are planning to begin ICO
   after 1-2 months after presell phase. This provision is made in the DAO contract.
4. If the minimum limit is not reached during Phase 1 (presell) all ether is returned to
   investors automatically. This provision is made in the DAO contract.
5. The presell is deemed successful and automatically stops before official closing time if
   the cap of 15 000 ETH is reached. This provision is made in the DAO contract.
6. During the ICO the STE coin price will automatically double after every 10% portion of
   coins is sold. For example, if the start price of STE is 0.001 ETH, after 10% of all tokens is
   sold, the price will become 0.002 ETH, after another 10% (that is 20%) it will be 0.004 and so
   on. You will be able to sell your tokens after the ICO ends.
7. Upon completion of the public ICO all investors of the presell round receive 10% of the
   amount raised during ICO.
8. After ICO the founders receive a 30% stake in the company in the form of STE tokens.
   After the tokens are allocated to the founders, all tokens that are not sold are destroyed, it is
   calculated by the following formula: Tokens for Destruction = General Supply - Presell Sum –
   ICO Amount - Founder's tokens. This is the provision of the token’s contract.
9. Our contract ensures the distribution of profits is made proportionally to the number of
   tokens you hold relative to their total supply. So, if you own 12% of our tokens, then you will
   receive 12% of the exchange profits.

**Core Team **
https://stex.exchange/team

Dividends plan
We expect to get hold of at least 5% of currency-exchange market in the first year of operations and
become one of 10 biggest cryptocurrency exchanges.
• Current market daily trade volume on major exchanges: $1,000,000,000 -$4,000,000,000
• Yearly volume growth: ~1,000%. Projected daily volume in one year: ~$10,000,000,000
• 5% share of this market (our target): $500,000,000-$2,000,000,000
• Our daily commissions based on industry average 0.2%: $1,000,000 - $4,000,000
• Commissions to be distributed daily for each 1000 STE tokens based on calculations above: $10-$40. That amounts to $300-1,200 a month in just dividends.
• Yearly commissions distribution for 1,000 STE tokens: $3,650-$14,600
And you can get 1,000 tokens now for just 1 ETH which is equivalent of $200.
So, your expected (but not guaranteed) yearly ETH return can be 18 to 73 times of original
contribution. Up to 73,000%.
And remember, we are just talking about internal potential value of the project itself, excluding
opportunity to sell STE token at a much higher price in the open market because of high demand and
expectations of further price rising.
Note: all numbers provided in USD for demonstration purposes only.

Road Map
What has already been done by our team:
We’ve created a new concept of exchange system and basic market-making algorithms, which
differentiate our project from any other existing on the market at the moment. Key advantages of our
system are HFT (high frequency trading) algorithms, able to provide an order more liquidity for coin-to-coin
exchange in one place than ever before. The result of that for an end user will be much narrower
spreads between buy and sell offers, and an ability to trade much bigger amounts from a single trading
account.
After presell it will take up to 1 month to hire the rest of the development team (mostly programmers for the front-end)
and the amount of funds we'll get on presell stage determines how fast we can build the prototype and
move forward.
We expect to create architecture and API's in two months, and within the next two months – the
system core with all the algorithms will be ready. The front end user interface is expected to come to
life from within 4 to 6 months from the beginning of development.
In about 8 months we are going to bring advanced financial instruments like leverage, portfolio
margin, futures and options to blockchain world - ready to use for everyone wishing to get most out of
cryptocurrency trading.

STeX Up! Sophisticated partner program

We link your Ethereum wallet to your partner referral id so that no payment is missed.
This provision is made in our Ethereum contract and we cannot change it after deployment. This ensures all partners get their 10% commission in about 15 minutes after transaction is confirm on Ethereum network.
Find out more at https://stex.exchange/stexup

STEX Smart Token Exchange Bounty Program STeX Award! https://stex.exchange/bounty

Allocation
Total bounty budget is 3% of all tokens issued during both preSale phase and next ICO. Total coin supply is limited to 100,000,000 STE tokens. Unsold tokens are burned automatically as a provision in the Ethereum contract.

1. We have made a very special state-of-the art bounty program STeX Award! https://stex.exchange/bounty based on our AI core. Whenever a make a comment, post with your signature link, a video on YouTube with your link in the description, just copy the page address (url) and place this into the special form on our website https://stex.exchange/bounty along with your Ethereum wallet address. Both our artificial intelligence and manual moderation will place this URL into our database and at the end of the preSale and ICO calculate the size of the stake you earned by spreading the news about our unique project.

2. We also suggest that you join our STeX Up! partner program https://stex.exchange/stexup and earn 10% on every investor you recommend. You just need to fill in your Ethereum wallet for payouts a get your personal referral link.

3. And that’s not all. Choose to get paid either in ETH or our STE tokens. All payments are done after preSale end and during ICO automatically per your request by clicking the Withdraw button on our website. This provision is made in our Ethereum contract and we can’t change it. This guarantees everybody gets paid in full.

What’s unique about our STeX Award! https://stex.exchange/bounty bounty program?

It’s automatic and fair you can spread the news where people talk about cryptocurrencies, ICO, presale and blockchain. Our algorithms will calculate the number of visitors, clicks, likes, filter out spam and distribute the 3% pool proportionally among all participants. Translation and other specific campaigns will get additional reward and are checked on manual basis. YouTube video reviews are given special priority. So, make the most of it.
Warning! Don’t spam! We block spammers forever!
Make all comments meaningful, add a unique spin to a post and contribute creatively.

Bounty STE coins are distributed as follows:
Translation campaign 10%
Youtube compaing 40%
Signature, Reddit, twitter, facebook, blog campaigns 50%

Bounty thread is here https://bitcointalk.org/index.php?topic=2069043.0

Other languages
Indonesian - https://bitcointalk.org/index.php?topic=2074068.new#new
Polish - https://bitcointalk.org/index.php?topic=2080611.new#new
German - https://bitcointalk.org/index.php?topic=2071833.msg20697084
Spanish - https://bitcointalk.org/index.php?topic=2069958
Vietnamese - https://bitcoingarden.org/forum/index.php?topic=17694

PreSale website: https://stex.exchange/
White paper https://stex.exchange/media/pdf/whitepaper.pdf
Twitter: https://twitter.com/STeX_Exchange
Telegram channel: https://t.me/icoito
Telegram STeX cryptoTalk group @STeXexchange
Facebook: https://www.facebook.com/icoShowcase/