ALLSTOCKS-THE PLATFORM THAT STABILIZES THE CRYPTOMARKET

Satoshi Nakamoto the great inventor of blockchain technology still lives on in the world of technology as his contribution to the world is being adapted on almost every industrial platform. It feels really weird that he is not known to claim all this glory and fame that the world is waiting to crown him with. Whatever be the situation crypto enthusiast like myself would forever be grateful for his invention.

Blockchain technology since inception into our world has undergone several criticisms but it is off great delight that all these criticisms have help further developed and strengthened the whole concept of this great invention to the extent that, more industries are planning to run their systems with the use of blockchain technology. Transparency, security and flexibility are the hallmarks of this invention and because of these it has been used to create another mode of payment which is called Cryptocurrencies (Digital Currencies).

Cryptocurrencies is one of the greatest benefits of blockchain technology since its invention and for the past nine years it has been used to create over hundreds of digital currencies such as Bitcoin, Dash, Litecoin etc.
The use of Cryptocurrencies as a mode of payment is being embraced lately by most industries and organizational platforms because of how secured it is. Also, transactions over blockchain technology is via a peer to peer network and does not require the intermediary assistance of any third-party systems like our central banks. In terms of transparency transactions that occur over the blockchain technology is recorded into its ledger system and cannot be altered.

THE PROBLEM THAT BLOCKCHAIN TECHNOLOGY FACES

The lack of any Central control over blockchain technology being used as mode of payment has brought about the development of several questions regarding its authenticity and sustainability. This concept of payment is still argued among several business corporations and organizations and this has been a hindrance in its legalization as a mode of payment in the world.

Currently, cryptocurrencies are not accepted as a mode of payment and so they have to be converted to fiat currencies before they can be used to purchase or spent. The conversion of cryptocurrencies takes place on exchange platforms such as binance, bittrex, bitfinex etc. and some of these exchange platforms charge exorbitant fees during this transaction. Another setback in the changing cryptocurrencies is the time frame that it takes before a transaction is complete.

The issue of volatility and how how the cryptomarket is subjected to the supremacy of bitcoin causing most coins to fluctuates almost every point in time. The crypto market has ever since its creation been a world of smart ones which should not be so because if it is going to be legalized then its volatility has to be controlled at least to some point so that the lame man can not be duped of his funds.

THE SOLUTION ALLSTOCKS OFFERS

Allstocks is a platform that is going to benefit all crypto enthusiasts by valuing some amount of tokens to an asset. Members of this wonderful platform are going to enjoy blockchain technology in the following manner:

First of all, is the charging of low transaction fees when members decide to exchange cryptocurrencies for any fiat currency and also the buying and selling of tokens will also be done with low fees charged. This will allow members gain much from their earnings.

Secondly transactions that will occur on Allstocks platform are going to be done under enhanced security mechanisms which will make sure that members are free from hackers and other cyber fraudsters.

Lastly, is the making of transactions on exchange platforms an instant one where transactions will occur at a fast rate where members don’t have to sit all day observing the market trend before they can make any exchange. Please visit our website https://all-stocks.net/ and get to know more about the solution we offer.

THE CONCEPT OF ALLSTOCKS

Allstocks platform will provide a platform where traditional financial assets will be able to trade on Blockchain technology. The following mechanisms would be put in place on the allstock platform to ensure that users gain much from the asset backed tokens.

Exchange platform: will be made available on the platform to allow members trade with their fiat currencies and digital currencies and also the conversion of cryptocurrencies to fiat currencies.

Use of blockchain technology: is going to be used to support the Allstocks system for safe and secure transaction.
The use of stamper which will ensure that aasset-backed tokens don’t lose their value with time on the market. Please refer to the whitepaper to know more about the use of the stamper in regulating the value of the tokens.

Fees are going to be charged when digital currencies are being converted into fiat currency but they will be done at a moderate rate unlike existing exchange platfoms.
The concept behind ALLSTOCKS is a laudable and a detailed one which I would entreat investors to refer to the whitepaper to get more information about it.

OPERATING THE ALLSTOCK PLATFORM

The Allstock platform will run on the Ethereum blockchain and will feature the following components.
Cryptocurrency Tethered Tokens (CTT) will be used to represent financial assets on the Allstocks platform. These tokens can either be purchased by fiat currencies that can be traded on the exchange platform of the Allstocks. Again, the exchange platform will also be used in the trading of other digital currencies in purchasing the Cryptocurrency Tethered

TOKENS

Transactions that will occur Allstocks platform will be deposited into an Escrow account which will ensure that both parties involved in any agreement will keep up to the terms of the agreement. The use of the escrow account is to prevent the generation of untrusts in the system so that members will have full assurance that their funds are safe. Please refer to the whitepaper to know how the Allstocks is going to run with its unique infrastructure so that as an investor you can make concrete decisions about this project.

TOKENS

Transactions that will take place on the Allstocks platform will be charged certain commissions and fees but these will be low as compared to what other exchange platforms charges. For instance, if a member of this platform is changing digital currency to fiat currency he/she will be charged a commission fee which will be in the form of tokens that have been generated on this platform. These tokens are standard ERC-20 tokens. The good news is that these tokens will be listed on several exchange sites so that both investors and bounty campaigners can sell their tokens to generate more income and also use it on the platform.

TOKEN SALES

The total supply of tokens for sales is 50,000,000 AST tokens but the sales will undergo three phases.
Currently, 25,000,000 AST tokens are allocated for sale. The sales of AST token in the three phases are described below and the expected hardcap of token sales is at $20M USD.

Phase One: April 15 - April 30, 625 AST = 1.00 ETH (at a rate of 25% Bonus)
Phase Two: May 1 – June 15, 550 AST = 1.00 ETH (at a rate of 10% Bonus)
Phase Three: June 16-June 30, 500 AST = 1.00 ETH (No bonus will be given at this phase)

Contained in the whitepaper is the disclaimer of liability which I will urge all investors to read and get themselves acquainted with the legal terms backing this project.

ROADMAP

TEAM MEMBERS

This project is backed by experience and knowledgeable individuals in the field of business solutions and with their skills and experience they are going to see to it that this project becomes a great success in the world of crypto market. Below are a few of them, please visit their website to get to know the entire team behind this project.

Investors and partners can follow up on this project on the following contact lines:

Website

Whitepaper

Facebook

Telegram

Twitter

Youtube

Instagram

Bounty thread: https://bitcointalk.org/index.php?topic=3177904.0

Ann Thread: https://bitcointalk.org/index.php?topic=3210865.0

Authorship

Bitcointalk Username: Kelvinikke

My Bitcointalk Profile is https://bitcointalk.org/index.php?action=profile;u=2087374