WHY YOU SHOULD JOIN ALLSTOCKS IN ALL YOUR CRYPTO TRADING ACTIVITIES

ikkelins (49)in #blockchain • 6 years ago

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Technology is one of the greatest product of science whose contribution in our daily life activities cannot be underrated. Everybody use a product of technology almost everyday and we can be forever grateful to it. Currently the newest of the products of technology is the blockchain technology which is spreading like a virus and making different industries and corporations integrate it into their systems.

Ever since blockchain technology was introduced into our world it has suffered so many threats of unacceptance but is of great news that as time goes on the minds and concept of people changes. Currently, several problems are being proposed to be solved with the blockchain technology because of its transparency in seeing to transactions that occur on its network and also the track record that it has of keeping information intact and from being tempered with by third party systems. Not forgetting its rate of speed which things occur on the blockchain network.Time they say is money and industries and corporations want to save much time by adopting the one of the fastest networks which is the blockchain technology whereby transactions and operations occur in seconds and in a very secured manner. Blockchain technology has been used to create cryptocurrencies such as bitcoin and other altcoins into the crypto world.

THE CHALLENGES THAT BLOCKCHAIN TECHNOLOGY FINDS ITSELF IN

Most of the time people talk about the instability of the crypto market and how the currencies fluctuate almost every time which makes it quite difficult to value an amount of currency. This is because the price can change any time and if that happens no budget can be drawn with such an asset.

One of the very factors that causes the instability of the cryptomarket is the lack of any central control of the digital currencies. Cryptocurrencies are transferred via a peer to peer network whereby individuals determine the prices of currencies on the market. The lack of central control like the central banks have over our fiat currency whereby they are able to put mechanisms in place to regulate the value of the fiat currency contributes to the instability of bitcoin.

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.

ALLSTOCKS APPROACH TO THESE CHALLENGES

All Cryptopreneurs would share with me of the great benefits that they are going to gain from
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.

THE CONCEPT OF ALLSTOCKS

With the use of blockchain technology, allstocks is going to allow traditional financial assets tradable in the cryptomarket. They will do this by putting up the strategies below:

Low exchange fees are going to be charged in case any user wants to buy some tokens or better still trade a token for any fiat currency. This will help registered members get enough funds out of their trading.

By adopting the blockchain technology any transaction that goes on the platform that Allstocks provide is going to be kept safe and secured for all future references and transparency of transactions.

Asset-backed tokens will be covered by a stamper which will make sure that these tokens don’t lose their value with time on the cryptomarket. Please refer to the whitepaper to know more about the use of the stamper in regulating the value of the tokens.

The idea with which the development team want to run ALLSTOCKS is a solid and trustworthy and I will urge all investors to refer to the whitepaper to get more information about it.

RUNNING THINGS ON THE THIS PLATFORM

The Ethereum blockchain which is the most widely used form of blockchain because of how safe, transparent and secured this form of blockchain is.
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.

For the safety and honesty of both parties in their agreement, an escrow account will be created to hold all deposits of the transactions. This will give both parties the confidence in the transaction that they are making knowing that their funds are safe. 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
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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 has its backbone being 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.
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