LEVEL01 — Derivatives Exchange with blockchain

radentraffi (28)in #blockchain • 6 years ago

About Level01

Level 01 is a company dedicated to the application of AI deep learning and data analytics in the blockchain sector. The company’s flagship derivatives exchange platform leverages these technologies for the benefit of its platform users.

Level 01’s multi-disciplinary team has deep experience across software and application development, quantitative data analysis, machine and deep learning, trading platforms, exchange operations, and blockchain technology.

What Is Level01 ?

Level01 is a peer to peer (P2P) derivatives exchange that allows investors to trade options contracts directly with one another, without requiring an intermediary or broker. Level01 combines Distributed Ledger (DLT) Technology for transparent and automated trade settlement on the blockchain, with Artificial Intelligence (AI) analytics that provides fair value pricing dynamically to counterparties in a trade, based on current & retrospective market data. The platform intends to effectively removes all forms of friction in the user experience present in conventional exchanges, such as fund deposits/withdrawals, multiple tier identity verifications, and wallet security concerns; allowing investors to fully focus on trading activities. The Level01 platform facilitates transparency & equality, and is designed to provide the most fair, efficient, even- level trading field for both retail & commercial investors.

Current Problems in the Market

Broker trading platforms have been beleaguered with trust issues. This is especially so among the smaller, less known entities and one of the reasons there have been more stringent regulatory actions on the industry.

Despite the fact that the internet has facilitated ease of trades, there are grey areas that may not be covered by regulations which are exploited, thereby creating mistrust among investors. Such situations are seen when the target is bottom-line and not clients’ satisfaction. Issues such as late execution of trades cause investors losses, while the confidence they have for the exchange is shaken, yet this is not an uncommon occurrence. There also have been reported cases of mismanagement of clients’ funds or fraudulent use of these funds.

Other challenges the industry has had are delays in processing of funds and introduction of hidden charges to the traders and users of the exchanges.

Level01 Solution

Level01 has taken advantage of the fact that the distributed ledger technology can be used to build smart contracts that are self-executing, transparent and can be trusted by all parties involved. These attributes are what the project leverages to eliminate the issues of human fallibility and the mistrust it created in centralized exchanges.

Since the smart contract is self-executing, it automates transactions on the Level01 platform, enabling the delays in trades and funds withdrawal to be done away with. The efficiency created by blockchain reduces waste. This has the effect of reducing cost of transaction and charges during execution of trades.

Taking advantage of machine learning, the project has created a user-friendly peer-to-peer derivative exchange that rates entities based on history and proven statistics. The integrity of the system is faultless because of the tamper-proof attribute of blockchain.

Key Features

Simple, effective trading experience with advanced features for experienced users.
Automated, transparent trade settlement handled by blockchain smart contracts.
Fully transparent market data verified by 3rd party oracle service providers.
Trade both traditional & cryptocurrency market assets for more opportunities.
AI analytics fair price discovery enabling better quality trade matching experience.
LVX token staking mechanism enables trade room hosting to earn commissions.
Trader has full control over funds and deposits/withdrawals are done instantly.
Instantly change platform native token to Bitcoin or Ethereum for more liquidity.

The Main Objectives of the Level01 Platform

Simplicity and User Friendliness - By streamlining the capabilities of the platform to forestall data overload, Level01 intends to lower the barrier of entry and take away the complex/intimidating issue of online investment for the layman/novice user.

More subtle tools for advanced users area unit fastidiously designed into the user expertise to be unostentatious and unnecessary for finishing trading tasks.

Automated Transparency - The Level01 system is intended and strives for trustlessness and transparency; wherever {the information|the knowledge|the information} data (such as time stamps and pocketbook addresses) of each interaction, dealing method, and settlement of trade is in public obtainable for review and examination on the blockchain. This ensures Level01 will perform its role because of the final trust intercessor satisfactorily.

Ecosystem Oriented - With attention towards decentralization, Level01 intends to cultivate the growth of the most important peer-to-peer choices trading network, wherever each user is recognized singly with well-tried statistics and ratings. Its scheme growth central options permit users to feature price to the network and derive price from it for themselves.

API’s will be engineered to permit users on different networks to access the core high price functionalities of the Level01 scheme.

Application for everyone for trade

The Level01 App allows investors to trade free derivatives from many assets, ranging from Forex, Cryptocurrency, Commodities, Stocks and Indexes, unlimited investor opportunities.

Live high-quality ticks with tick data are broadcast and displayed in an entirely informative interactive chart; with many analytics tools and diagrams for more advanced users. This app has an exclusive user interface that makes it simple and efficient to peer to peer trading with other investors on Level01 Exchange. Applications are integrated with Ethereum blockchain, allowing investors to fund contracts and trade transactions while maintaining full control over their wallet assets.

Level01 Token Sale

Internally, this serves as a transparent and fair order chain processing facility, because it can be processed / automated by intellectual contracts and programmed to pay the exchange winners.

LVX tokens can also be "placed" by investors to host retail locations where you can make group purchases, and investors receive commissions to regulate trading. Install a marker that ends at the end of a reasonable agreement.

Name Token : LEVEL01

Symbol : LVX

Platform: Ethereum

Type: ERC20

Price in ICO: 0.3050 USD

Total LVX Tokens Published : 1,200,000,000 LVX

Minimal Raise : $ 15,000,000

Maximum Raise : $ 75,000,000

Tokens for sale: 864,000,000

The Amazing Team