Virtuse Exchange - Cryptocurrency and financial assets in one platform

in #blockchain6 years ago


A new era has come Technologies are changing the world. What previously seemed to be impossible, today is already the reality. Cryptocurrencies are already transforming the business world by providing a decentralised platform that enhances business and would make cryptos more real in the minds of consumers.
Cryptocurrency is an innovative ecosystem, already doing its magic in business all over the world, and it is here to stay. In case you do not know, cryptos are digital currencies, that do not depend on banks to transact due to its blockchain security, which records every transaction in an open-source list that lives in every single computer that becomes a part of this technology. Transactions with cryptos are done directly from one person to another, without the need of a third-party like PayPal.

Overview

Virtuse Exchange is a digital asset exchange that gives investors a bridge to real-world assets. It lets you invest in real-world assets in ten minutes or less from any Internet-connected device, anywhere in the world, and in any time zone. It’s 100% CRYPTO, with no banks involved. Virtuse Exchange’s world-first trading platform is set to change the industry. By integrating the trillions of dollars stored in traditional capital markets with cryptocurrency through the use of Digital Asset Collateralized Tokens (DACTs), we’re enabling what could be the biggest change in investment history. With Virtuse Exchange, cryptocurrency investors can invest in a huge range of asset classes, simply by buying DACTs that are secured against real world assets. Not only does this offer an exciting new way to invest, it also provides an attractive way to store crypto profits during times of volatility (rather than having to exchange into FIAT). ![]()

Where we are located


Our facility is based in Singapore. To attract and enable access to the traditional capital markets, we’ve located our exchange in a major financial hub - Singapore. Whilst our platform will be completely decentralized on blockchain, it still needs an interface with the capital markets, which is why we’ve chosen one of the world’s most diverse and advanced financial trading centres.

Features


Borderless and 24/7/365
Our platform enables anyone in the world to trade both cryptocurrencies and financial assets at any time, in any location. It’s the first true borderless platform that’s 100% crypto.

Trade every global financial asset
Virtuse Exchange will initially launch with basic cryptocurrency pairs. In the second half of 2018, we’ll be adding our unique Digital Asset Collateralized Tokens (DACTs) - asset backed crypto investments in stocks, bonds, commodities and other funds, allowing you to take advantage of every opportunity you can think of.

Revolutionary new digital instruments
In addition to DACTs, we’ll also be offering expertly managed DAFs (Digital Asset Funds) – tokens that are comprised of several coins, with liquidity ensured. These funds will create a whole new class of investment opportunities with virtually unlimited potential - that aren’t available anywhere else.

Fully Secured
Our team has extensive experience in building secure financial trading systems and Virtuse Exchange will be no different. We’re implementing state-of-the-art security technologies to ensure your funds stay safe from hacking and data breaches.

Low Fees
Our platform eliminates the need for clearing banks, custodians, excessive brokerage and high exchange fees. As a result, we provide all of the benefits of instant electronic trading, at a fraction of the normal cost.

Why you should trade on Virtuse Exchange?


Virtuse exchange is the only exchange that connects crypto assets with “the old” financial markets. It’s also the only platform that enables investors to “park” their crypto earnings in less volatile commodities, such as gold and oil, without withdrawing crypto assets from the exchange. Crypto-investors are able to mitigate risk by incorporating commodities into their portfolio, which is how fiat investors do it too.

What makes us different


Virtuse Exchange is different from other exchanges as it's a unique platform that combines the best of the traditional investment world with the new digital assets ecosystem. Through its distinct collateralization framework, Virtuse Exchange enables the most attractive capital market assets to be traded within the safety of cryptocurrencies. This allows, for the first time, cryptocurrencies like Bitcoin and Ether to be invested in assets like oil, grain, precious metals, emission allowances, and stock indices.

In other words, it creates a bridge between Crypto and the $294 trillion world of traditional financial markets.

Token Details


VIRT Token type:
ERC20
A strict limit of:
1,000,000,000
Hard Cap:
$20,000,000
Soft Cap:
$5,000,000
Price:
1 ETH = 8,000 VIRT

A VIRT token is a token issued by Virtuse Exchange and is the preferred mean for the purchase of other products on the platform. A fixed pool of one billion publicly tradable VIRT tokens will be created to support transactions on the Virtuse Exchange, giving investors the opportunity to pay for transactions and to share in the success of our revolutionary new platform.

Investors can purchase VIRT coins in three phases on a first-come, first-served basis until 400,000,000 tokens are sold. As each new phase starts, the VXT price will increase. Ethereum is a currency accepted for VIRT. Investors will receive VIRT tokens within five working days after the ICO finishes.

VIRT tokens can be used to settle transactions on the platform. The benefits include lower transaction fees, withdrawal fees, margin calls, listing fees, and any other fees.

How the funds will be used
Our Initial Coin Offering (ICO) is expected to raise a further $20,000,000 to help fund:

Global marketing campaigns to drive uptake and increase the demand for VIRT tokens
Future development of the exchange to add new features and trading opportunities
Company liquidity to ensure we have sufficient financial resources to fund our long-term growth plans
Virtuse Exchange will launch as a fully-funded entity, and with the community and revolutionary technology we’re building, we expect to continue to be self-funded from our transactions (even as small as the fees will be).

The Brains behind Virtuse Exchange



On their website, https://www.virtuse.com/you can visit the “Team” section and simply by clicking on each team member's image or name you will be redirected to their professional linkedin profiles. Here you may consult and analyse each individual's expertise as much as you like. It's all been put there for us to see that they have what it takes to achieve their goals with ease and ultimately inspiring more confidence in all of us.

Our Target Clients</h1.
Target clients include investors seeking to diversify and enrich their portfolio by adding interesting assets like Emission Allowances without the need to get a license on the market. Other target clients are also investors speculating on the price growth of underlying assets, as well as those interested in owning various existing coins through a highly secure and trustworthy platform. Virtuse Exchange can also attract commodity traders seeking to expand their client portfolio and gain new small clients through a DACT they can create with the platform. Virtuse Exchange is also an option for portfolio managers setting up their own DAF with the expectation of beating the market.

Long term plans for our Shareholders


All shareholders have a long-term interest in Virtuse Exchange and want to achieve maximum growth. They are active managers of the platform and are fully focused on it, as we believe ‘laser focus’ (meaning not getting disrupted by other projects), is necessary in order to succeed.

To secure our core team’s long-term commitment and alignment, all tokens acquired by the team shall be subject to the “Use Restriction”. “Use Restriction” is a general prohibition on the Purchaser’s ability to sell, transfer, spend, exchange or otherwise make use of the tokens until such tokens are vested as provided herein.

The tokens shall vest and cease to be subject to the Use Restriction in equal portions, such that all tokens shall be fully vested at the end of the Vesting Period (three-year linear vesting as measured starting from the token distribution). Long-term vesting is a powerful way to strongly incentivize early network participants to improve the network and increase the value of a token long after its development.

Roadmap



Conclusion


Our platform enables anyone in the world to trade both cryptocurrencies and financial assets at any time, in any location. It’s the first true borderless platform that’s 100% crypto.

Useful Links


Website: https://www.virtuse.com/
Whitepaper: http://virtuse.com/public/pdf/whitepaper.pdf
Telegram: https://t.me/virtuse
Bitcoin Thread: https://bitcointalk.org/index.php?topic=5025842.0
LinkedIn: https://www.linkedin.com/company/virtuse-exchange/
Twitter: http://twitter.com/VirtuseExchange

Author : funkyies

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1971452

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 60704.04
ETH 2914.62
USDT 1.00
SBD 2.32