Ternion - The Next Big Cryptocurrency Platform Exchange

in #ico • 6 years ago

What does it take to launch a successful exchange? You need to have a compelling vision, you need to create an aligned community and map the territory. But furthermore, you need to read the market: see what it lacks and not allow its weaknesses to undermine your efforts in building a trustable and credible platform. 

Whitfield Diffie said, “Lots of people working in cryptography have no deep concern with real application issues. They are trying to discover things clever enough to write papers about.” We, at Ternion, are creating an exchange that will reform the future of cryptocurrency as we know it. But to do that, we had to analyze the market and provide an individual solution to the real application issues that the market faces. We are concerned with them, because these are the issues we had to overcome to stand where we are today.

Ternion is a hybrid and licensed crypto exchange with a fiat gateway and integrated merchant services. Ternion designs a platform that will revolutionize the world of cryptocurrency and will make it accessible and transparent. By setting the bar high, Ternion makes sure that only reliable players can succeed on the market. A demo version of the Ternion Exchange is available for trial on the website. Ternion transforms the present and future by utilizing the knowledge of financial and legal realities, as well as implementing innovative blockchain solutions. To learn more about Ternion, please visit the website:https://ternion.io/

Why you should participate in the ICO?

  • Supports Ternion Payments
  • First-class user experience & usability
  • 24/7 Support, security and transparency
  • Provides ecosystem capital risk hedging
  • Sustains Ternion Exchange Trading Pool
  • Manages Ternion Payments Liquidity
  • Accept Cryptocurrency, receive fiat
  • Regulated financial Institution
  • Simple API integration

Ternion Exchange will also have some unique features that will be different from the others including the following:

  • Licensed: Ternion exchanges are licensed exchanges that allow them to become partners for institutional companies and operate on a larger scale than current exchanges operating on the market.
  • Accessible: Ternion places a keen focus on making exchanges accessible to newcomers in the cryptocurrency space, advancing our overall goal of creating a digital reserve currency for everyone.
  • Efficient: Our approach is simple. The frontend must have high usability, the backend must support that usability. Both our end-user experience and system architecture will support this goal, creating a seamless experience even for the most demanding users.
  • On board: Exchange will fully comply with KYC, which will accumulate on the transparency inherent in the blockchain infrastructure to give users a sense of security and comfort that is too rare among competing solutions. The Ternion team has comprehensive knowledge of KYC procedures and 24-hour support to help implement relevant steps efficiently.

Ternion Payment Processor payment

This is Ternion Rates compared to other exchanges:

                          

Ternion Liquidity Fund

The funds will be responsible for the introduction of new tokens and ensure a smooth market creation process. In practical terms, Ternion's Liquidity Fund aims to ensure that Ternion payments and Ternion payments always have the resources needed for ongoing product development and that the Ternion Exchange has sufficient liquidity. This fund will also purchase quarterly matching tokens using 25% of the total unused revenue from the ecosystem. This unused income is related to the income of the Ternion ecosystem after taxes that have not been reinvested in expansion. And 25% of the accumulated funds will be deposited in the Liquidity Fund to always have available liquidity against the expansion of Ternion globally. Ternion cannot guarantee unused income every three months.

Liquidity Fund Security

Systematic security of Ternion Liquidity funds is a high priority in the structure of the Ternion Ecosystem. As usual with exchange providers, Ternion will spread liquidity funds in a combination of cold storage, online (for direct access to the exchange) and custodian accounts. Ternion OÜ is currently in discussions with one of the leading custodian providers in the world to facilitate the integration of these detention account services to the Ternion Liquidity Fund.

Manage the transfer of the balance of the Liquidity Fund

The Liquidity Fund will operate through a web cabinet storage mechanism. The dealing department will have this web cabinet integrated in the system to reallocate capital between the cold storage wallet and the wallet that provides liquidity directly to the exchange client.

This process will be overseen by the Chief Dealing Officer (CDO) who has 15 years of experience applied on various trading platforms. Our procedures are very safe and controlled by an integrated risk module. The risk module will allow us to track how much liquidity is in exchange, the type of liquidity and where it is distributed throughout the Ternion ecosystem. After we open an account with a leading global custodian, 40% of the Ternion Liquid Funds in detention will have proof of funds at any time.

Token Sales Details:

  • TRN Token Protocol: ERC20
  • Total Token supply: 95 000 000 TRN
  • Token supply when Pre-sale: 22 500 000 TRN
  • Token supply during ICO: 53 500 000 TRN Date
  • pre-sale: Active until June 28 2018

ICO Date:

  • Rounds A - 29 June - 29 August, Exchange Rates: 1 TRN = 0.65 USD
  • Round B - August 30 - October 30, Exchange Rate: 1 TRN = 2.10 USD
  • Round C - 1 November - 30 December, Exchange Rate: 1 TRN = 3.23
  • Soft cover: 5 000 000
  • Hard cover: 65 000 000

Token Distribution

The Ternion Initial Coin Offering follows the basic principle of distributing non-minabel tokens, where all Ternion tokens are produced and distributed as part of the process of selling tokens. Bond tokens must be distributed as follows:

  • 80% Ternion Initial Coin Offering
  • 12% Reserved for Top-Rated Teams with Five-Year Vesting
  • 5% for the Ternion Advisory Board with a one-year Vesting
  • 3% Reserved for Ternion Bug Bounty Program

Token Presale (Pre-A round)

Presale will run until: 28 June 2018.

Pre-sales will enable Ternion to raise funds needed to start building an exchange, having a Minimum Sustainable Product (MVP) available during Public Token Sales. Pre-sales will also help us obtain valuable feedback from the start in building, contributing to the efficiency of the exchange development process. Funds collected during public pre-sale will be used primarily for development and growth efforts, although a small portion will still go towards laying the foundation of the Ternion Liquidity Fund.

                             


Fund allocation for selling public tokens

To fully utilize the Ternion Liquidity Fund and complete the development of the pillars that make up the Ternion Ecosystem, public sales will become the final leg of Ternion ICO.

Funds collected through public sales will be distributed as follows:

                                                                    Ternion team

                                                               Ternion Advisor

Conclusion

This platform offers ready-made customer service, which includes the best management to help customers when problems or problems related to Ternion. Ternion will continue to monitor transactions and platforms to ensure transparency and reliability of information about future developments in Ternion Securities licensed for use in Europe. Comply with all European regulations set for on-board shipping for quick checks.

For More Information please click below:

Author: enno.netral

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1785586

ETH: 0xbDF56fAC1d4b6591178a8bc94A53B01F1fec2861

6 years ago in #ico by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.20
    TRX 0.12
    JST 0.028
    BTC 64278.20
    ETH 3493.42
    USDT 1.00
    SBD 2.55