TRADE.IO: TRADING REVOLUTION.

in #cryptocurrency8 years ago

The failure of the financial sector to keep up with innovation almost collapsed the world economy in 2008 which was initially performing well and global economies were booming until the Lehman Brothers fee. This event has almost been forgotten with many markets including the US markets which are at an all time high currently.
With the currently boom in the global market today and with everything working out perfect, lets inquire within ourselves if the underlying causes that almost brought global markets to their knees, just 9 years ago, are in fact a thing of the past or if banks are becoming bigger and more opaque than ever before and its trading and reporting still lacking the necessary transparency. The former chairman of SEC, Arthur Levitt noted to Forbes Magazine few years ago, none of the post-2008 remedies have “significantly diminished the possible rise of financial crises”
Apart from the issue of transparency and seeming disregard for investors, a whole ecosystem of markets, banks, record keepers and advisors extract enormous fees from both companies and investors. Aside the inefficiencies created by high fees and low liquidity, existing trading lack transparency, third party verification and often suffer from conflicts of interest, in short we I can boldly say little has changed since 2009.
Based on these issues of inefficiency, disappointment and unfairness caused by a lack of change, forward thinking traders and brokers seek for a solution which will disintermediate and commoditize today’s status quo – a revolutionary technology upon which to build the next generation platform of exchange trading.

BLOCKCHAIN
The only way for a fair and true honest trade within the world of financial trading is Blockchain technology which has transparency. With Blockchain, there will be a decentralized exchange of digital data between its peers featuring an incorruptible ledger recording all transactions. The Blockchain process at all times is fully transparent with transactions being able to be traced and it is both incorruptible and irreversible. With the blockchain network, fraudulent activity is discarded promptly guaranteeing authenticity and validity of each transaction. There is no single point of failure as the control of the entire network or transactions isn’t down to a single central entity but rather by the entire network. Within the blockchain network, profiteering, manipulating, fixing and hiding are impossible. All transactions are fully traceable back to their origins at all times and all network peers have access to that incorruptible ledger.

Trade.io UTILIZING THE POWER OF BLOCKCHAIN
Trade.io has developed an innovative and trusted blockchain trading platform that will democratize the markets and also save money for investors and companies, reducing and possibly eliminating the tremendous fees and inefficiencies traditionally associated with asset trading. Trade.io provides the ultimate security and transparency. Trade.io created a truly unique product which revolutionize asset trading and investment banking and this is made possible by combining decades of experience in the investment banking, trading and fintech sectors and also combining them with the power and transparency of the distributed ledger.
Trade.io supports a more efficient and secure method of listing assets in the crypto economy by using the trusted record keeping capabilities which only blockchain provides. This is coupled with trade.io’s investment banking and advisory expertise and the reassurance that comes with operating in a regulated environment. Trade.io has been created to also offer Forex and CFDs over precious metals, oil, commodities, indices, global equities and others. trade.io will have the ability to trade any number of assets, offering more than 120 products at launch. trade.io recognizes the potential of blockchain to transform the global trading system thereby creating an offering and product that not only fills a huge void in the FinTech space but which most importantly puts its investors’ and clients’ interests first.

Trade.io TRADE TOKEN
Trade token is a utility token which permits frictionless transactions of a wide range of assets on the trade.io exchange whilst also acting as a medium of exchange and a store value. Trade token can also be used to participate in the trade.io shared liquidity pool, charge the liquidity pool with fresh assets and receive daily payouts to your trade.io wallet in fiat and cryptocurrency. Through the investment banking activity which the firm will aim to offer once authorized, it will be a means of assisting companies to get tokenized or listed through the trade.io platform and thus incurring transaction and placement fees. Trade token will essentially become a cryptocurrency with real world value as participating companies will have to lock real-world assets in order to receive Trade Tokens in exchange. Also in future, trade.io token holders maybe able to use Trade Tokens to purchase new issues and IPOs / ICOs on the trade.io standalone trade.io exchange.

USEFULNESS OF BLOCKCHAIN TECHNOLOGY TO trade.io PARTICIPANTS
It significantly lowers cost to participants.
Fair and transparent distribution of new issues based on price and demand, not back room relationships.
Trade Token holders will have the advantages of other cryptocurrencies and also the benefits of trade.io exchange technology.
It also bridges the gap to legacy systems and institutions.
Companies listed on trade.io exchange will reach a global audience while at a substantially reduced initial and ongoing cost, while still accessing all the skills and experience of a traditional investment bank.

TRADE TOKEN, A UTILITY OR A SECURITY
Trade.io management is fully confident that Trade Token falls under the classification of a utility token and not a security. Trade.io Trade Token can be use as;
A membership key in the trade.io wallet, independent of the amount held.
Medium of exchange on trade.io’s platform and that of some of its potential early adopters.
Membership key providing access to the liquidity pool a, when and only if at least 2500 Trade Tokens are held in the platform’s wallet.
Store value that can be used to purchase goods and services once accepted by third parties.
Additionally, Trade Token holders may receive other coupon benefits like preferred access discounts on future products or new listings.

Trade.io LIQUIDITY POOL
All clients who commit a minimum of 2500 trade Tokens as membership gain access to the liquidity pool.
Variable success components like transactional proceeds and margin financing.
Trade.io aims to be the biggest trading liquidity pool comprised of Trade Token holders for the benefit of Trade Token holders.
Approximately 10% or 50million Trade Tokens will go into the trade.io liquidity pool to facilitate trading.

BENEFITS OF trade.io
Trade.io uses a blockchain technology and this gives an indelible receipt on every transaction within client account to ensure complete transparency through the blockchain.
Trade.io has an E-wallet which will be a secure storage medium for fiat and cryptocurrency and other tokenized assets.
Trade.io also has a multi-asset trading platform which is a revolutionary peer to peer proprietary trading platform to serve individuals and institutions alike.
Trade.io has a utility token that can be used on trade.io exchange and to participate in shared liquidity pool.
Trade.io has a liquidity pool which has multiple transparent revenue streams such as margin financing and transactional proceeds.
Trade.io has an experienced team, accomplished management and advisors from the fintech, investment banking, blockchain and trading space.

Trade,io TECHNICAL IMPLEMENTATION
Trade.io platform consist of three primary components which are;
• web 2.0 layer
• Cloud server and data storage.
• Blockcchain fabric advancement.
For more information and detailed explanation of the above listed components of trade.io, please visit the tade.io whitepaper at https://trade.io/whitepaper/EN.pdf.

Trade.io E-WALLET
Trade.io E-wallet will allow for participation in the trade.io P2P liquidity pool and will also be a secure storage medium for fiat and crypto currency and other tokenized assets.
Participate in the exciting world of P2P trading without the stress of managing risk or expensive overhead.
Participation will be via Trade Tokens, fiat and crypto currency and we plan to add other tokenized assets in the future.
Daily residual distributions will be shared proportionately based on liquidity pool performance
Participants will have a share in the performance of the liquidity pool with 50% of trade.io’s profit going in on a daily basis.

Trade.io ROADMAP
September 2017: trade.io incorporated in Zug, Switzerland
November 7th 2017: Pre-ICO
December 7th 2017: ICO
December 2017: Early adoption by FXPRIMUS and Primus Capital UK which provides trade.io a springboard to deploy innovation to a network of hundreds of thousands.
December 2017: existing Trading platform-Blockchain Integration.
January 2018: Formation of trade.io Liquidity pool
April 2018: Launch trade.io Exchange
Q2 2018: Application for FINMA license as required by trade.io activities.
August 2018: integrate into trade.io platform, including MT4 starting with FXPRIMUS and Primus Capital Markets.
December 2018: trade.io IPO.

Trade.io INITIAL COIN OFFERING (ICO) AND TOKEN DISTRIBUTON
Trade.io is issuing 500 million Trade Tokens and two thirds will be approximately available for crowdsale.
The PRE-ICO will run from November 7th 2017 to November 25th 2017 and during this period, trade.io is selling a maximum of 200 million Trade Tokens at a price of 1000 Trade Tokens for 1 Ether (ETH).
Unsold PRE-ICO tokens, if any will be transferred to ICO and this will run from December 7th 2017 to 4th January 2018. The selling price during the ICO will be tire based on 4 separate periods, starting with 900n trade tokens for 1 Ether (ETH). The original number of tokens allocated for ICO is 75million with the number expandable to a maximum of 130million if overallotment is necessary, thus bringing the total possible number of tokens available for crowdsale to 330million, approximately two thirds of the total 500 million issued. Unsold tokens will be burned at the end of crowdsale.

Trade.io TOKEN
Token name: Trade Token
Total supply: 500,000,000.
Decimals: 18
Symbol: TIO
Blockchain: Ethereum ERC-20
Crowdfunding Tokens Available: 275, 000, 000.
PRE-ICO
PRE-ICO Period: November 7th 00:01 to November 25th 23:59
PRE-ICO price: 1ETH = 1000 Trade Token
Unsold PRE-ICO tokens: will be sold during ICO
PRE-ICO participation: via fiat and cryptocurrency
ICO
ICO Perio: December 7th 00:01 to January 4th 08:59
ICO price: Tier based system indicated below
Reserved Tokens: if original allocated number of tokens for the ICO sells out, that’s 275 million, an additional 55 million Trade Token will be released to cover the demand. These will be priced at the tier pricing active during their release.
Unsold Trade Tokens: will be burned post-ICO
ICO participation: Primarily via ETH, Payment via fiat currency and Bitcoin will be possible on request.
TIER 1: starts Dec 7th 09:00 and ends Dec 14th 08:59. Pricing per 1ETH will be 900 Trade Tokens.
TIER 2: Starts Dec 14th 09:00 and ends Dec 21st 08:59. Pricing per 1ETH will be 800 Trade Tokens.
TIER 3: Starts Dec 21st 09:00 and ends Dec 28th 08:59. Pricing per 1ETH will be 700 Trade Tokens.
TIER 4: Starts Dec 28th 09:00 and ends Jan 4th 08:59. Pricing per 1ETH will be 600 Trade Tokens.

Trade.io PROCEED ALLOCATION

THE trade.io TEAM
The Board members and Management team are;
JIM PREISSLER: Chief Executive Officer.
CHIEN LEE: Board Member.
MANMOHAN SINGH: Chief Strategy Officer.
DAMIAN MCDOWELL: Board Member
CHARLES VOLTRON: Chief Technology Officer.
RAVI CONDAMOOR: Chief Data Officer
DESIKEN NARASIMHAN: Chief Engineering Officer.
CHRISTOPHER OBEREDER: Chief Marketing Officer.
SIMON CHOI: Head of Legal (APAC).
EUGENE VAYNBLAT: Operations Manager.
KENDRA HOLMAN: Head Customer Relations.
JOHN VALENTI: VP Institutional Sales.
LORI THODDE: Finance Manager.
ROY GUTSHALL: Board Member.
WILLIAM HEYN: Capital Markets.

ADVISORS
JOHN PATRICK MULLIN: Advisor
ROY HEN: Product Advisor.
JOHN LEWIS: Marketing Advisor
REMIGIO BONGULIELMI: Advisor
MICHAEL GREENBERG: Advisor
SONNY SINGH: Advisor
DAVID HANNIGAN: Advisor
TOM O’ REILLY: Advisor
CHRISTOPHER ZENIOS: Advisor
NIZAM ISMAIL: Legal Advisor
LUKE SZKUDLAREK: Advisor.

CONCLUSION
Open source code provides the benefits of transparency and this allows for a complete review of the underlying source by any interested party and a fast way to identify vulnerabilities. The trade.io team will continue to improve the processes contained as well as consider any input from the community. Overall, Majoolr has implemented strong methods that will reduce potential attack vectors.
For more information about trade.io and to connect with other participants all over the globe, please click on the links below;
WEBSITE: https://trade.io/
TELEGRAM: https://t.me/TradeToken
FACEBOOK: https://facebook.com/trade.io
TWITTER: https://twitter.com/TradeToken
WHITEPAPER: https://trade.io/whitepaper/EN.pdf
MEDIUM: https://medium.com/@trade.io
ANN THREAD: https://bitcointalk.org/index.php?topic=2367245.0
AUTHORED BY: teejayrichard
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=1265803
WALLET: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F

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