ALLSTOCKS CRYPTO PROJECT
ALLSTOCKS is decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the blockchain technology and its own crypto currency, And the platform is a system product created by a consortium of the most powerful, competent, and experienced logistic companies and organizations all over the world. And also blockchain and smart contracts serve as the way forward into the Industrial use, creating economies of scale and potentially aggregating supply. Decentralized manufacturing will make the industry more accessible, secure and economically sound for more participants in a direct peer-to-peer (P2P) ecosystem.
Therefore, the ALLSTOCKS Wallet would central to every interaction in the ecosystem, and also be secure storage and exchange platform for both cryptocurrencies and fiat currencies, enabling users to deposit, hold, send, and exchange supported cryptocurrencies and fiat. Merchants can freely choose and switch between different blockchain assets for payments. Users can convert from BTC, ETH, AST and vice versa, utilise peer-to-peer transfers and exchanges, and pay for merchant services.
The ALLSTOCKS Network is a distributed global stock exchange platform which aims to interface with all major stock exchanges and stock brokers around the world. It also allows the trading of crypto tokens backed by real financial assets. The network will create a decentralized system, which will allow all stakeholders trade with its ERC20 standard-compatible token.
Furthermore, ALLSTOCKS Network will expose generic API interface, giving developers greater capacity to develop their tools and apps for investing, hedging and carrying out transactions using ALLSTOCKS tokens. Well, decentralized organizations that are exposed to cryptocurrency can safeguard their funding through stable assets. While the network will enable investors manage diverse investment portfolios, it will also enable companies issue capitals with ease and flexibility.
Blockchain Technology is an open, decentralized technology that is used to record and store transactions using digital blocks. The blocks in Blockchain technology represent a publicly distributed database The system adds new blocks through a process called mining. Every block contains some information (could be the same transaction above) and is subject to users’ verification and confirmation. Moreover, the users maintain a copy of the distributed ledger in their nodes. To participate in the system, a user needs to have a wallet. Today, the Blockchain technology is taking our world by storm, and research is ongoing to automate many fields using Blockchain technology.
There seem to challenge emanating from conversion from cryptocurrency to fiat currency as a result of delays and fees imposed on account holders by crypto exchanges, payment processors andfinancial institutions. Crypto market volatilities and lack of transparency are some of the flaws that have discouraged institutional investors and traditional individuals from participating in the crypto market. Moreover, decentralized investors, decentralized funds,and crypto-investors have also limited chances of diversifying their investments into traditional holdings.
TRADITIONAL ASSET-BACKED TOKENS
The main stakeholders in the ALLSTOCKS Network are users, who wish to derive all the benefits that come with Blockchain technology and cryptocurrencies. These benefits include, but not limited to: low remittances, secure transactions and instant transfers. Other stakeholders include traditional investors seeking to benefit from high returns of crypto-economy and the decentralized organizations, who seek to diversity their crypto-holdings with low-yielding assets to stay transparent to all potentialcrowd-funders.
Cryptocurrency Exchanges: The cryptocurrency exchanges will play a critical role as they provide users with digital wallets and fiat currency accounts in their local currencies. Well, these services aid users to buy, transmit and sell such cryptocurrencies as well as provide the needed framework for users to convert cryptocurrencies to fiat currencies and vice versa. So, the exchanges are useful system architecture that must be factored in.
The steps of performing this operation are outlined below:
• User sends fiat currency to the stamper
• The stamper Okays and returns the ALLSTOCKS tethered token.
• User can trade or hold those ALLSTOCKS tethered tokens.
• Then, the user redeems his tokens.
• Finally, the stamper sends fiat currency to user’s account
With the assurances of the stamper, the underlying assets can be redeemed at a later time,and the tethered token can be kept in the system for making all the necessary payments.
USES OF REAL FINANCIAL ASSET-BACKED TOKENS
Asset-backed tokens have a wide array of uses. Let’s discuss these uses briefly:
Traditional to digital exchange: They are capable of providing low-risk facilities but with high returns for investors through the wholesale of investment instruments to investors. This allows the traditional to digital exchange of assets
Platform for investment: Furthermore, commodities and money market instruments can be deposited ALLSTOCKS and sold.
Shielding Tokens: Organizations can buy money market CTTs and store them with full transparency.
Global transfers: ALLSTOCKS platform can also provide tokens that have all the desirable features: immutability, global adoption, reliability, stability, and ease of transfer.
When such tokens from ALLSTOCKS Network have all these qualities, they will be able to offer services such as payment gateways, remittance channels and many more.
TOKEN SALE
Total tokens supply: 50,000,000 AST tokens.
In current sale AllStocks will allocate 25,000,000 AST tokens. Sale is split into three stages each with reduced exchange rate that represents an early investment bonus.
AST Token prices:
April 15 – April 30, Stage one: 625 AST = 1.00 ETH (25% Bonus)
May 1 – June 15, Stage two: 550 AST = 1.00 ETH (10% Bonus)
June 16 – June 30, Stage three: 500 AST = 1.00 ETH (No Bonus)
The ALLSTOCKS Network is robust, safe, secure, decentralized and promising. Well, all these positives are made possible by modeling the ALLSTOCKS Network itself, its infrastructure, regulations and implementation, and decentralized operations. Noteworthy is that this procedure is holistic and tedious, but it must be done cautiously to boast platform stakeholders would love to invest in. Once these critical components work in harmony they will deliver a blockchain platform that can to make the revolution in global stocks and assets markets.
FOR INFORMATION DETAIL:
WEBSITE: https://all-stocks.net/
WHITEPAPER:https://all-stocks.net/wp-content/uploads/2018/03/Allstocks_whitepaper_rectified.pdf
FACEBOOK:https://www.facebook.com/gobalstocks/
TELEGRAM;https://t.me/all_stocks_ico
INSTAGRAM:https://www.instagram.com/allstocks1137/
ANN THREAD:https://bitcointalk.org/index.php?topic=3210865.0
Author: Ethan101
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1083885
Donate ETH: 0xB98f5f1C3d1461aC3A456B109DA47ec907C4D5e4