liquidity network exchange, an exchange service for crypto-users

in #crypto6 years ago (edited)

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INTRODUCTION
IMG_20190108_170750_925.jpg The crypto-currencies in this 21st centuries of ours, have grown on an epic scale which is known to most people as digital currencies. But still somehow geeky and not understood by most people, banks, governments and many establishments are aware of its importance. In 2016, several bank, big accounting firm, prominent software company and several government that did research on crypto-currencies, circulated a paper about it so as to start a so-called block chain-project. However most organizations who have learnt so much about crypto-currencies have decided to create their own block-chains because of the value it possesses in the society. Well back to our main topic which is liquidity it is the extent to which an asset can be gotten or sold quickly without affecting the assets price.

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Original works

-What is Liquidity Network? IMG_20190108_170750_925.jpg

liquidity is basically a non-custodial, financial intermediary offering payment and exchange services. Its a network system that has helped and supported millions of users, it is built based on a blockchain called ETHEREUM blockchain this liquidity network is known for it's scalability, transparency, simplicity and it's a private network system.
The liquidityNetwork encourages millions of users securely, reducing transaction costs considerably and allowing the system adoption of blockchain.
The liquidity Environment stems from the liquidityHub REVIVE and NOCUST.
The Liquidity Exchange and market liquidity
The liquidity exchange is however a non-custodial off-chain exchange which stems on the Liquidity Network, the Liquidity Exchange was created to not hold any funds, while performing atomic swaps off-chain. This exchange is hardy to blockchain congestion and excessive transaction fees. Scalability to centralized exchange throughout and beyond.

Benefits of Liquidity market over other forms of exchanges

-scalability
-simplicity
-flexibility
-fast network
-transparency
-secured system
-reliability
-comfortabily for all users
-very easy for users to carry out transactions
The following liquidity exchanges are as follows: -Independent transactions -Lack of congestion in Blockchain -Funds are controlled by users -Trading network is very fast -High volume
comparison to other exchanges.PNG

Basic features of Liquidity network

  • The enablement of Micro-payments and SVT-(small value transfer)

  • Instant Payment and Exchange

  • No rigid Locked Funds

  • Transparency

  • confidentiality

  • Security

  • No custodian

  • Flexible Fees

  • Generic

  • Peer Reviewed Research

Novel Payment features and Novel exchange features

Under this form of features the liquidity network gives room for member of a compensation hub, so as to pay any member at a Zero transaction fees, it also grant direct off-chain channel establishment. The network functions with a very simple design, putting aside the difficult routing topology. However the exchange can function with a blockchain congestion, and give a more suitable and standardized service level, the liquidity exchange performs direct swaps of off-chain holding the funds of users, and its resilient to excessive on-chain transaction payment. Off-chain swaps basically can be instantaneous and could reach trading speeds of old-traditional centralized transactions.

Air dropped Powered by liquidity -Airdropping tokens to millions of users

-No costs during transactions
-Custodian aren’t required
-Fast drop and Instant enabled
-No security hitches through private key leakage
-Receiver can forward drops to friends to multiply the network effect
-New engagement possibilities: possibility to send multiple drops, different amounts, no extra cost
-The current market today provides airdrop remedies, which we believe are not in the spirit of decentralization and open block-chains. Airdrop powered by liquidity Network solves the following problems:
-1. Airdrop through a custodian (not good, a wallet provider holds the user’s private keys, like a bank).
-2. Airdrop by sending the private keys to the users (not good, the airdrop provider is still custodian).
-3. Making millions of on-chain transactions, expensive, slow, spamming the blockchain, not scalable

Addressable Market in the liquiditymarket are as follows:

-Rental Services
-Merchandise
-Gaming
-Pay per view
-Bloch-chain application
-Iot -digital goods

Market & Returns

LQD token price $0.0372 (-4.07%) 0.000245 ETH 0.00000918 BTC 

24h Volume
$153,830
Market Cap
$1,605,989

Returns since ICO

0.06x
USD
0.19x
ETH
0.11x
BTC
These numbers show how much the token price has changed relative to the initial ICO token price source:

  • Token Sale: 14 Jun – 19 Jul
    The token sales for 14-19 July 2018 which spans with the sum of $23,600,000 out of $34,100,000
    Ticker: LQD Token type: ERC20 ICO Token Price: 1 LQD = 0.61 USD (0.00128290 ETH) Fundraising Goal: 34,100,000 USD (71,607 ETH) Total Tokens: 100,000,000 Available for Token Sale: 65%
    Whitelist: Yes (since 8 Apr, JOIN ) Know Your Customer (KYC): Yes (period isn't set) Token Issue: 2 weeks after the token sale Accepts: ETH
    source:

Use Case

Non-Custudian Off-chain Exchange Consumer=> Liquidity Network=>Consumer which leads to Instant Ethereum payment/ instant ERC-20 Token payment

IOT sensors = Consumer=> Liquidity Network=> Sensor which leads to instant Ethereum Payment / Data

Non-Custudial Off-chain=consumer=>Liquidity network=>Consumer which leads to Instant ETH /ERC-20 Token Payment

ROAD MAP

strategy roadmap.PNG
Blockchains in which the liquidity network is open to are:
-Dfinity - Bitcoin (through rootstock) - Neon etc.
The implementation of the prototype ready for Ethereum can be arrayed on ETC and rootstock

prototype.PNG

TEAM Members

The liquidity network became a reality with the general efforts of the development team of liquiditynetwork and has made it possible for a full time blockchain experience by the great development team of this great platform. Also they have academic expertise in computer science, security, formal methods, and mathematics. However the team have an understanding of the revolution of the societal trades and interacts with blockchain technolog, scalability plays a very key role when considering a core business.
team1.PNG
Image source:

team3.PNG
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team2.PNG
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This writing was inspired by @originalworks and @constestbot and sponsord by liquidity network exchange

here is my youtube video presentation

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