ANALYSIS OF FTXFUND : PROVIDING UNIQUE DEFI PRODUCTS

DISCLAIMER

FTX will post every information about its activities in the ecosystem and with global partners on the official media channels of the platform. The white paper will contain clear terms of cooperation, user standards or partnership agreements.

FTX will not be held liable for commercial activities, marketing plans or information not derived from the white paper or official statements.

INTRODUCTION

FTX is a blockchain Defi platform that provides financial services to its users. It is established by FTX finance Ltd. UK.

FTX fund is managed by a group of experts segregated into various teams such as follows:

Advisory

These are professionals working as advisory boards for multinational organizations where they were picked from.

Operations

These are management members that take control of international business transactions, communications and agreements of the community. They are experienced in large-scale enterprises.

Technical

These are sets of management members skilled in financial automated systems, blockchain technology and the entire cryptosystem. They ensure that the platform technical system is up to date with the latest industry techniques.

Marketing

These are members with great knowledge in global marketing to help to make FTX funds popular in the Defi system globally.

VALUES OF FTX FUND

FTX Fund operates on 3 key values as follows:

Prestige
Ensuring the safety of customer's assets and setting the platform on high esteem.
Commitment
The platform will strive to provide high quality products and services to its users.
Professionalism
The platform will be operated with best practices to both its users and associate partners.

TRENDS OF CRYPTOCURRENCY

Cryptocurrency is fast becoming the global means of socioeconomic transactions. Financial transactions are done globally with digital currencies. Its features include:

Institutional investors

The cryptocurrencies growth is supported by institutions who invest heavily in the traditional cryptocurrency, the Bitcoin. These institutions led by Grayscale together with other capital, hedge funds and public companies listed in the US, buy into Bitcoin to enable it to have a hedge against volatile situations.

These institutions' demand for Bitcoin has continued to increase daily such that the amount of Bitcoin minted daily cannot satisfy their demand, and this reduces the value of traditional currencies as institutions now use Bitcoin as a store of value.

Regulating Cryptocurrencies

Leaders from major countries of the world are planning to release new laws and regulations that will control and make cryptocurrencies transactions more transparent. They want to establish their own Central Bank Digital Currencies (CBDS) to help in achieving their aim of controlling cryptocurrencies.

There may be measures to make cryptocurrencies more transparent and protect the institutional investors, since countries across the globe are seeing them as assets and securities. These measures may include income tax payment and KYC requirements from crypto investors.

Defi

The decentralised financial projects will dominate the cryptosystem from 2021-2023. These projects will offer products and services like lending, borrowing, derivative funds, yield farming, insurance, mutual funds, open-source network and securities trading. These Defi transactions are executed using stablecoin, and will bring revolution in the financial system. They feature Decentralised Exchange p2p trading using Uniswap, Bancor, Kyber etc, Loan contracts using algorithms, asset management solutions, and other products obtainable in the Defi system.

Merger and Acquisition

There are more and more valuable mergers and acquisitions going on in the crypto industry. Such as Binance acquiring Coinmarketcap, Coinbase acquiring Tagomi, and other projects joining the trend. These developments are healthy for the growth of the crypto industry.

Years of Stablecoin

In the year 2020, stablecoin contributed immensely in the financial growth of crypto currencies, from a capitalization of 5 to 25 billion USD. More stablecoins will be introduced and traded between 2021 and 2023, as crypto transactions are now easily done with a bank account, credit card or PayPal. It is expected that the total crypto market value in the next 5 years will be 920 billion USD, as the stablecoins trend.

Acceptance of Payment in Cryptocurrencies

Inadequate conveniences have been the bane of Cryptocurrencies in the past and had reduced its acceptability in the mainstream, but recently, popular payment service providers such as Paypal and Square, Barca and DBS and recognising Bitcoin payments. Facebook's crypto endeavor (helping people to buy crypto from the Facebook app), will also bring more liquidity to the crypto world. Considering the number of the users of its network, which is over 2.7 billion.

Multinational companies love stability of assets. Bitcoin also has a hedge against market volatility, and this will attract these multinationals to invest in it.

Tokenization

This is a process of securing transactions using a technology that automatically stores a user's card into a token. Subsequently, the tokens are used in transactions instead of the card information.

This process improves payment security and secured transactions.

THE CRYPTO ECONOMY

The crypto world is becoming immensely popular in the global financial market. Great individuals and companies are getting more involved and investing in Bitcoin, which is the topmost crypto currency. This has led Bitcoin to a set record of $52,000 in February 2021 and a target of $500,000 at the end of the decade.

Bitcoin is not controlled by any authority, rather it is operated by different miners who perform the mining process through computers, which are highly technical and cannot be controlled.

The blockchain technology will also provide more secured, easy, fast and low cost payments across the globe. Thereby improving the value of Defi cryptosystem.

Blockchain Real Estate

Blockchain is a record of transactions across various computer networks. These records are easily updated and digitally shared within the networks in order to ensure safe and transparent transactions, difficult for hackers to penetrate.

The blockchain technology is beneficial to the real estate industry, in that it facilitates easy ownership verification and transaction confirmation in developing markets and improving the entire real estate transactions.

Crypto Stocks

Crypto stocks are digital equity shares of companies and organizations in the form of coins or digital tokens. They are like stocks in the security exchange markets, but they operate within the cryptocurrency ecosystem.

Investors in crypto stocks have benefitted immensely and there are great opportunities awaiting the investors in cryptocurrencies. Such include:

Outstanding Liquidity

Tokenized assets have access to greater liquidity because it is in a market with great buyers and sellers.

Increased security

The blockchain technology gives crypto participants the needed information for easy and secured transactions.

Fractionalization

Tokenization divides cryptocurrencies into smaller units and makes it possible for any level of investor to take part and benefit in the system.

Varied Opportunities

The cryptosystem will present many opportunities to its investors. One can manage and increase his/her empire with just a click on a computer device.

FTX FUND ECOSYSTEM

These are set plans and models established on the FTX platform to facilitate its stability and growth. Such include:

Decentralised Exchange

This is a permissionless peer-to-peer transaction among the users of the platform. These transactions are executed through smart contracts to ensure its safety.

Users can exchange their assets between each other without third party interruptions or disclosure of their identity to anyone except whe bank transaction is involved. This exchange platform is not influenced by government policies.

Next Generation E-Commerce

The financial system will be overwhelmed with E-Commerce in no time. The present E-Commerce is challenged by high cost and ineffective distribution which makes users doubt its prospects.

FTX will establish an e-commerce platform built on blockchain, that will break the limits of traditional e-commerce and lure more users to the Defi system. Its features include optimized security, cost-effectiveness and speedy transactions.

Real Estate Encryption

FTX platform will offer its users the opportunity to buy and own fractions of choice real estates and buildings across the globe. The value of these buildings are converted and fractionated into crypto units to enable the users to invest and own units of the buildings. A real estate that is worth $30 million can be owned by 30 million users by dividing it into $1 part.

Business Social Network

FTX will establish a unique online business network where it will interact with its users. This will enable private interactions with the users to achieve the following benefits such as reducing the gap between leaders and employers, improving work performance and managing the knowledge base of the platform.

Paygate Global Solution

Following the eruption of blockchain and online transactions, FTX will establish an online payment platform that will link payments of multinational allies, bank payments, international switching and local payments and ensure transparent cryptocurrencies blockchain trading platform.

ROADMAP

These are sets of procedures involved in the establishment of the FTX platform.

Q1 2019

Establishment of core group and development of information technology and human resources.

Q1 2020

Successful testing of applied blockchain for digital stock platform.

Q4 2020

Establishing a decentralised exchange platform, preparation of business documents and strategies.

Q1 2021

Certification of smart contract audit, inspection of operating codes, analyzing vulnerables using security tools, dynamic analysis and integration test, whitepaper publication and public presentation and launching of FTX cryptocurrency.

Q2, 2021

Mass media campaign on social media and international news channels, selling of FTXT tokens to the community, Dapp stake launching, listings on DEXs and linking FTXF tokens with international partners.

Q3-4, 2021

Listing on MXC, Binance, launching of WOWIDEX decentralised exchange, WETAON business social network, PAYGATE payment and ONSTORS App.

Q1, 2022-2025

Issuing of FTXF shares, launching of real estate exchange DIASPLAT, public listing on OTC US and Nasdaq and the exchange of each FTXF token with 1.1 share of FTXFund.

The platform has also completed the audit application process at HAECHI AUDIT.

USEFUL INFORMATION : https://ftxfund.com/
https://t.me/FTXFundGlobal
https://ftxfund.com/frontend/WPP.pdf?v=1
https://twitter.com/FTXfundofficial
https://www.facebook.com/FTXFund
https://www.youtube.com/channel/UCfI7bFtIrFfE-NeS7y57OJw

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