ALL-STOCKS NETWORK: LET’S CHANGE STOCKS AND ASSETS TRADING AS WE KNOW IT.

in #cryptocurrency6 years ago

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In 2008 a great idea was invented by a man called Satoshi Nakamoto and was later implemented in 209. This idea changed how transactions are made by bringing up a faster, easier and safer means using digital blocks to record and store data. This idea Satoshi called Blockchain technology and since its invention its growth has been an enormous one, growing bigger and bigger daily as more information are being added to its block. The invention of blockchain technology prompted the invention of cryptocurrencies (also known as digital money) like Ether, Bitcoin, ripple etc which today is gradually becoming a major means of transaction as it can be used for transaction in rapid speed as compared to fiat currency and other means of transaction. All transactions take place in the blockchain without the approval of a third party by using mathematical algorithms and complex functions to create a highly secured distributed ledger system.
Despite the enormous advantages it has as a means of transaction, it is still being debated in the bureaucratic level making its adoption a general challenge. No doubt these debates have been a major setback for the use of blockchain technology, making its effectiveness less effective for conversion of traditional financial assets. There are other challenges the cryptocurrency market faces which has hindered investors from investing and some of these challenges include delays and large fees charged by crypto exchanges, payment processors and financial institutions when converting cryptocurrency to fiat currency and vice versa, volatility and lack of transparency. It is obvious the crypto-world needs more decentralized protocols like those in the traditional world of finance which helps to manage systematic risk and when this is done, investors will be at peace investing in cryptocurrency.

These issues which have been an obstacle to the growth and use of blockchain technology and cryptocurrency prompted some smart high intelligent individuals to form a team and come up with a great idea called ALLSTOCKS. As a distributed global stock exchange platform, Allstocks Network aims to interface with all major stock exchanges and stock brokers all across the globe. Allstocks has a unique platform which will be developed to allow crypto trading backed by financial assets which they represent. Allstocks will create a decentralized system through which stakeholders can trade with its ERC20 compliant token, leaving real financial assets to be held in an escrow account. Also, with blockchain technology, all users of the network will have the ability to trade any form of financial assets like currencies and bonds.
Developers will have the capacity to develop individual tools and apps for investing with the release of Allstocks generic API interface and they can hedge and carry out transactions with the use of Allstocks tokens. Allstocks Network as a unique and well planned idea, gives organizations exposed to fluctuations of cryptocurrency an opportunity to better protect their capital through more stabilized assets. With the Allstock network, there will be ease and flexibility in getting exposed to more markets and financial assets, giving investors opportunity to manage diverse investment portfolios.
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ALLSTOCK SYSTEM ARCHITECTURE
Allstocks strive to make trading traditional assets on Blockchain essential and in order to achieve this, Allstocks team will be putting the following factors in place.
Cryptocurrency exchange to enable users buy and sell cryptocurrencies and also convert it to fiat currency and vice versa.
Public Blockchain which will give Allstocks system required support.
Asset-Backed tokens to amalgamate between real financial assets and crypto-market.
Stamper: to ensure asset-backed tokens hold their respective value always as it connects the traditional assets to the asset-backed tokens and also redeem and destroy the tokens upon liquefaction or transfer of ownership of the underlying assets.
Application layer (wide array of applications) is already in development to capitalize on the asset-backed tokens’ capabilities which includes trading platforms, remittance wallets and payment processor.

ALLSTOCKS TOKEN SALE
Allstocks has a token which is a utility token called AST token and it is based on Ethereum ERC20 token standard. Allstocks will make available a total supply of 50, 000, 000 AST tokens for sale with a hardcap of $20 million. There will be 25, 000, 000 AST tokens allocated in the current sale and it is split into three stages, each reduced exchange rate represents early investment bonus.
Stage one: 15th April to 30th April, 625 AST = 1.00 ETH (25% bonus)
Stage two: 1st May to 15th June, 550 AST = 1.00 ETH (10% bonus)
Stage three: 16th June to 30th June, 500 AST = 1.00 ETH (No bonus)

TIMELINE FOR TOKEN SALE
1st March: announcement
15th April: public presale start (stage 1)
30th April: public presale end
1st May: public crowdsale start (stages 2 and 3)
30th June: public crowdsale end
15th July: finish token distribution
31st July: start trading

ALLSTOCKS TOKEN DISTRIBUTION
• Team & advisors: 10%
• Bounty program: 5%
• Token sale: 50%
• Platform & ecosystem: 25%
• Company reserve: 10%

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ALLSTOCKS USE OF FUNDS
• Global operations & brokerage: 30%
• Advisory, management & others: 10%
• Marketing: 30%
• Research & development: 30%

ROADMAP
Q4 2016: Conception of AllStocks’ idea and vision. Exhaustive planning of the project
Q1-Q2 2017: The initial foundation of AllStocks Network Prototype
Q3-Q4 2017: Development of AllStocks network prototype and core platform infrastructure
Q1-Q2 2018: Crowdfunding via token generation- initial coin offering (ICO)
Q3 2018: Development of core platform infrastructure including API
Q4 2018: Integration of major stock exchanges and brokerage. Launch of production-level exchange platform.
Q1 2019: Beginning of worldwide marketing campaign
Q2 2019: Continuation of further global integrations, upgrades and enhancements.
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TEAM
Shaul Aharon: Chairman Of Tthe Board
Kobi Aharon: CFO (Co-Founder)
Elad Aharon: CEO (Co-Founder)
Oren Nataf: CTO (Co-Founder)
Sandra Lopez: CMO
Omri Shabath: CDO
Oz Shabat: iOS App Development
Mi Hene: Financial Modeling Specialist
Michal Mizrachi: HR Manager
G.M Al Imran: Team Leader of Infrastructure
Zvi Yamin: Android OS Developer
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ADVISORY BOARD
Tomer Aharon: Legal Advisor
Yogesh Padsala: Blockchain Advisor
Eberendu ikechukwu: Community Advisor
Sushil Pandey: Marketing Advisor
Amit Lavy: Public Relations Advisor
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AllStocks definitely is a project the world has long been waiting for. It has so much benefit to offer to the world and I strongly believe it will be a huge success. I encourage all to be part of this great and unique project today and together lets move to success. For more information about AllStocks project, please visit the website and whitepaper. Also, connect with other participants across the globe by joining AllStocks different social media platforms through the links provided below;
Ann thread: https://bitcointalk.org/index.php?topic=3210865.0
Website: https://all-stocks.net/
Whitepaper: https://all-stocks.net/wp-content/uploads/2018/04/Allstocks_whitepaper_rectified-1.1.pdf
Twitter: https://twitter.com/AllStocks_ico?lang=he
Telegram: https://t.me/all_stocks_ico
Facebook: https://www.facebook.com/gobalstocks/
Published by: teejayrichard
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1265803
Ethereum wallet: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F

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