Ziggurat offers to bridge the gap between the financial service sector and the electronic trading environment

applechild (39)in #stockmarket • 6 years ago

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PlanetZiggurat is a Blockchain platform that offers to bridge the gap between the financial service sector and the electronic trading environment. It means a new hope and possibilities to trade with claims, invoices, and factoring agreement (assignment, receivables) on Ecex.Exchange trading platform.
This platform will function like the stock market. There will be no secrecy; all transactions will be fast, reliable, efficient and transparent. The only factor that may alter any claim or invoice is if the obligations are not met or they are completely erased due to bankruptcy or natural end of the issuer.
PlanetZiggurat will like off in Estonia market to test run the market and the developing IT in the country so that when it is fully developed, it will enable the platform to withstand and accommodate a larger market size.
From recorder there are about 50,000 trades each year in Estonia hence everything pertaining to market here in Estonia, has to be to the size of the participants.
PlanetZiggurat is well rooted and has ensured a legal system is put in place and this will be handled by an advisory component based on mutual business agreement. The legal system comprises of three components involving the creditor, (who is the assignor and or assignee) the debtor and lastly the trading platform provider which is Planet Ziggurat, Ecex.Exchange.

The creditor which is the assignor/assignee as earlier stated, have the right to sell his claim at any time deem fit, to initiate transaction, Ecex.Exchange will step in to use simple contract of assignment and include the necessary documents with a file container to the deal.
The debtor are also able to use Ecex.Exchange to make useful agreement that will help him have a plan for payment deadline.
Any transaction done on Ecex. Exchange attracts a charge partly in Ziggurat, revenues will be generated via this fees charged. A game-like and trader-like components interface is incorporated into the platform to encourage competition in bidding for assignment to also boost investment in such bid and ask which will run for a period of 24hours. Whoever emerges as the winner of the bid will be given the ultimate price.

Technology and software employed

Depend: this is developed by Percival Software limited will be utilized for security registry and depositing functions. Experience is a great teacher as the saying goes, hence, Percival Software Limited has gathered streams of experience in depository and exchange business for the past three decades with lists of international clients. On this account, they will be employed to develop the trading platform to ensure compatibility.
Blockchain: Extra improvement is scheduled to incorporate the Trading Platform and the Depository with external signing authority like Blockchain technology.
Depending on further developments, there will be the need for some or all:
Integration with external payment systems
Integration with external systems to exchange info, e.g. brokerages
Web-interface to online trading
Mobile applications
Web.
Software will be built on either some hosting or Azure. Followed by hardware and the core system on Microsoft dot.net framework.
Revenue: PlanetZiggurat has a target of one million trades daily at the end of the 3rd year of business. Revenue will therefore be generated from trading fees, issuer background check systems, digital signing, and exchange member fees etc. (see whitepaper for extra details: https://ecex.exchange/whitepaper/WhitePaper.pdf)
In summary: anyone with a good understanding of the stock market functionalities will definitely find PlanetZiggurat platform simple to use. And if you are new to the stock market, no worries still, the platform is user-friendly at all levels.
ICO/TOKEN DISTRIBUTION:
The PlanetZiggurat, Ecex.Exchange Ziggurat Token distribution and the corresponding creation process will be organized around smart contracts running on Ethereum.
Token name: ZIG
Total Token Supply: 531,000,000 ZIG. Tokens that are not sold during the Token
Distribution will be destroyed.
Goals: Maximum: $53 million.
Our distribution campaign does not have minimal capital goal because of project
continuity. Any sale Ziggurat Tokens that remain unsold after the conclusion of the crowdsale will be added to the PlanetZiggurat Inventory. Initial rate: Ziggurat Token price is locked to 0.0004561163 ETH per 1 ZIG. 1 ETH = 2400 ZIG.
If initial quantity allocated for public market sale will be sold before the end of planned ICO then it can be raised by reducing the share not planned for initial distribution.
Token distribution:
Foundation — 10%
Partners — 7%
Founders — 7%
Advisors — 6%
Bounty — 4%
Token buyers— 66%.
Time Period and Amount -bonuses for early Token buyers during the Token Distribution
phase (extra tokens added to a purchase):
RoadMap: