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Congratulations! PUKKAMEX ICO rating (https://iconow.net/ico-2087/) by ICOnow 68/100.

https://iconow.net/icosource/logo/68.png (https://iconow.net/ico-2087/)
Business: 14/20
Product readiness: 2/5
White Paper: 7/10
Roadmap: 4/10
Legal: 2/5
Team: 15/20
ICO terms: 3/5
Token applying: 3/5
ICO Promotion: 18/20

Good afternoon everyone. Has just met pukkamex with pretty promising, in my opinion, idea. But if possible, would like to clarify a few moments regarding the platform in general. Anyone around?

Greetings there! Oh yes, I also love what they are offering and pretty into the concept. So would try to assist you. What exactly are you wondering?

As far as I understand, the guys are to offer the platform for different traders - both professionals and beginners. Is it true? And what are special benefits people can get, using the platform?

Yes, this is absolutely true - the platform is about to be truly ultimate, so everyone can use it. Well, what I love the most is that 25% of the revenue gets distributed to PUX holders on a weekly basis via smart contract :)

Sounds extremely interesting, I believe I have to explore more about the project. But so far sounds attractive. Thanks a lot for sharing :)

Greetings again. Just explored more about the project, examines the website etc, found many interesting aspects. I am curious - how has the team come up to the idea of pukkamex? Cause looks rather innovative so far

This is indeed an interesting one. As I know, the idea came from wanting to provide a platform that has it all, all the elements that the team and traders in this space wished to have on the currently available platforms in the best execution. From there team just kept adding unique features that they knew the community wanted or would love to have :) And this is also the reason of why the guys are advanced

And as for competitors, are there any on the market today? And how is pukkamex better?

Well, they have competitors, but I cannot say that the ones are direct. pukkamex does everything their competitors do, but just do it bigger, faster and better ;)

Will also read more in White Paper, thank you very much for clarification once again. I appreciate this friendly community in here :)

Greetings there everyone. Has just discovered the thread, nice to meet you. Briefly read what you are talking about in here and having a few things to clarify. Is anyone around to help me to get a bit deeper?

Afternoon tsurpalglobe, nice to meet you. As you probably know, I am not from the team, even though pretty into pukkamex, so can definitely try to help you in here. What are you wondering?

As far as I understand, the guys are building a pretty ultimate platform, but I wanted to ask about the use of blockchain. Is it used within pukkamex environment Cause in my opinion, blockchain helps to build more trustworthy atmosphere

This is indeed an interesting question. The revenue distribution is done on the blockchain indeed. Talking about matchmaking, engine is proprietary (centralized) as this is the most appropriate system for a leveraged derivatives trading platform such as their ;)

Sounds reasonable and makes sense. As far as I know, it is impossible to run a fully (100%) decentralized leverage derivatives trading platform

Evening again guys. How are you today, enjoying the weekend? If possible, several more points to clarify. The question is connected with the market you are entering. The one is supposed to be pretty huge, isn't it?

Hello there. Doing fine, how about you? Oh yes, absolutely. Cause the project basically opens new horizons for all the traders

And as for the market, am I right that the platform will be available worldwide? Or specific regions to start with?

The goal is definitely to reach all the markets, but there are regulatory restrictions and challenges. At first there will be a few restrictions on some countries . In case the team can manage getting the required licenses to maintain operation everywhere, then they will definitely do that ;) But still many many countries are available with a few restricted

Perfect. So waiting for the platform launch to try everything on my own. Cause so far sounds very solid and bold :) Thanks a lot for sharing!

Greetings again everyone. How are you today? If possible, would like to clarify more about derivatives market. Cause pretty impressed with discovering more about the features pukkamex is bringing. Anyone around?

Evening there. In my opinion, this is an interesting topic to discuss. What exactly are you wondering?

As far as I see, the derivatives market is pretty new these days, so I am really interested to know its prospects. Because so far, as I understand, it is supposed to be interesting and attractive for traders

As I know, the derivatives market is not new, in fact it is extremely large, much larger than the spot trading market by many many times. In the traditional financial markets (non-crypto) it is where the vast majority of trading actually takes place, some estimates place the size of the market at $1.2 quadrillion ;) So you know, truly large

Oh wow, this sounds insane. Will definitely need to read more about the market also. Thank you very much for sharing :)

Good evening everyone. I was now reading even more about pukkamex and met a pretty interesting point about the market. Seems that more and more people are getting interested in the industry in general

You mean the derivatives trading one? Oh yes, definitely. Was talking to a friend today and we came up to the thought that traders are always in search of more and more advanced solutions. And in my opinion, pukkamex definitely suits all modern purposes

Exactly. And we are not alone with our thoughts in here. Guys are having very high marks and they are number 2 ICO on ICO Bench for example. Kinda there are many experts that also find the product very advanced and attractive ;)

Oh really? Didn't know that the guys are having that high ratings, to tell the truth. And well, pretty sure that with more people joining pukkamex the market will keep growing, as people will better understand what it is about

Absolutely so! Looking forward to try everything on our own, when the platform is launched ::)

Good afternoon ladies and gentlemen. If possible, curious to refine a few things about platform security. Is anyone here today? Cause in my opinion, it also matters a lot

Hey there hognesaul. Oh yes, of course it matters as platform works with investors funds. And i have read a special section about that, so will definitely try to clarify that for you. What exactly are you wondering?

Well, as yeah, the platform works with funds, where are they stored? Cause you know, pretty often wallets get hacked and this is all a risky thing, in my opinion

Great question indeed. Exchange security has proven a very real problem that has only been solved by utilizing cold storage. All pukkamex funds are stored securely offline on multi sig cold storage wallets. So no need to worry about that ;)

Sounds great, in my opinion, more than rational solution. Ok, perfect, thank you very much for assisting me in here :)

Evening there ladies and gentlemen. How are you all doing today? Getting ready for the weekend? Anyone around to consult me on 1 aspect, please?

Hey there buzcarn, sure, absolutely. What exactly are you wondering? By the way, discovered more about the market pukkamex is entering, impressed with the potential so far ;)

Oh yes, I have also seen the ones. You know what, I believe that the numbers will probably even be higher with more people joining the industry, cause usually demand grows exponentially in such situations. So i wanted to ask about competetive advantages. What are main ones, basically, talking about pukkamex? And comparing to other trading platforms

This is indeed an interesting question. As far as I know, mainly three: copy trading, revenue distribution, and liquidation mechanism. And pukkamex does everything their competitors do, they just do it bigger, faster and better. But I recommend you to refer to their white paper for more info on all that ;)

Sounds great and definitely makes sense! Thank you very much for clarification ;) And of course, will check out more in White Paper

Just checked out more in White Paper, found the following section. But if possible, a few other things to clarify, connected to pukkamex ecosystem. Are you guys there?

Yeah, sure, go further with the question. Will try to clarify the moments you are interested in :)

I wanted to talk more about innovations within pukkamex platform. I really love the overview and waiting for the platform to launch, but talking about innovations, what can you outline as the most interesting aspects they are the first to implement?

This is a very interesting question. What I would probably outline - the stability, speed and security of pukkamex are elements that set them apart from other platforms, as well as a myriad of other functions and features unique to pukkamex. And to user specific, their copy trading functionality and, of course, the revenue distribution

Hmm, so basically all this should make pukkamex more advanced in general and, you know, bring higher level of user experience

Yes, absolutely so! And what is also important, in my opinion - the guys are in line with the roadmap, so we are soon to see the platform on our own! And I am really looking forward to it

Also waiting to try everything out! By the way, another thing that matters, in my opinion, is transactional fees. And pukkamex is taking relatively low ones

Are there exact numbers on how much commission is? Cause you know, even "low" is low for some industries and high for others :)

True of yours ;D Well, as for pukkamex, nothing hidden - low on the industry. They charge an industry low of 0.075% taker fee and a 0.025% maker rebate

Hmm, this definitely sounds more than affordable and rather low. Cause I was also reading about other solutions - there was one with 1% taker fee etc. So in here pukkamex definitely looks much more attractive. And by the way, is there any info on what the team plans to do with unsold tokens, in case there are such?

As far as I know, all tokens that remain unsold after conclusion of the ICO will be sent to a burn address where they will be permanently destroyed ;) So also no worries in here

Sounds more than reasonable and makes sense. This should help token to always be in demand and bring profits to token holders

True of yours. And they also have a buy-back plans. Heard of it?

To tell the truth, haven't heard. I mean I know that there is such a mechanism, but can you provide more details on how it is organized within pukkamex?

Well, 0.5% of the revenue will be used to buy PUX from the pukkamex platform quarterly. These tokens will be permanently burnt. The buyback program will continue to run until the total token supply reaches 125 million. So should also be beneficial for all the token holders

Should be so, yeah. And as for leverage trading, what is pukkamex starting with? BTC?

This is indeed an interesting question. They go further and as for leverage trading options it’s gonna be BTC and ETH for start ;)

Much better. Okay, perfect, thanks a lot for sharing! All in all, pretty sure that the whole environment should make everything much more user-friendly

And as for the token basis, am I right that it is not build up on Ethereum? Is pukkamex also unique in here?

Yes, you are right. Team has partnered with Gochain and running the smart token and revenue distribution contract on their network ;)

I really love seeing pukkamex being innovators on different fields - even in here they are having own strategy. And what special benefits does Gochain bring?

This is a great question. GO is 100% ethereum compatible. And as a matter of fact, the project was planned to be built on Ethereum network. However GOchain brings so much more value to the project in term of lowering transaction fees for PUX holders :)

Makes sense, definitely makes sense. So what I really love is that pukkamex seems to be thinking about investors :) Always innovative in different bunches of their business

Exactly. By the way, talking more about Gochain GO20 is 1000x faster than an ERC-20 ;) Just imagine

Good morning everyone, was now serfing ICO Bench and met pukkamex with extremely high rating and very interesting idea, from the first sight. But if possible, having a few things to clarify

Hello there, nice to meet you. It is truly great to see more and more people joining pukkamex these days. Not from the team, even though would be happy to assist you. What exactly are you wondering?

Nice to meet you too. I have just acquainted with the idea, looks bold. And pretty impressed with the team - seems that top management is very experienced. But as for more, are there any advisors to pukkamex?

This is indeed a great question, cause yeah - advisory board helps with several bunches of every business. And talking about pukkamex, they have an amazing advisory board, each of their advisors brings a unique set of experience, skills and value to the project

Sounds amazing. And where can I have a look at the board? Is it available on the website or anywhere else?

Yep, the following section is available right on their website, so have a look at it ;) And in my opinion, this also matters, talking about strategy :)

Found it out, thanks a lot! And as for current solutions, what are the main problems pukkamex is planning to solve?

You mean problems of existing solutions? Oh well, there are pretty many on the market today. For example, unreliability. In my opinion, unreliability is always among the largest problems ;)

Can you provide more details on current unreliability problem? And how is pukkamex planning to solve it?

This is indeed a great question. First generation cryptocurrency exchanges are built on out-dated infrastructure, making them unresponsive and unreliable, especially during periods of high demand and volatility when it matters most. These issues can result in poorly timed trades or an inability to buy or sell with sufficient immediacy. As for pukkamex, they use leading-edge, high-performance technology infrastructure, with built-in redundancy and no single-points-of-failure.

Sounds extremely interesting. So it seems that pukkamex is just bringing much more to already existing industry. And for sure interested to discover more, thanks for sharing

Yeah, I definitely recommend you to check out more about what the guys are bringing ;) Cause they have designed Pukkamex to eliminate unscheduled outages,
so trades will always be processed instantly, even during times of peak demand and volatility

Thank you !

Good morning azimeert, nice to meet you. What exactly do you want to discuss about the market? I am not from the team, even though deeply into pukkamex

This is indeed an interesting question. The team estimated overall market trading volume will continue to increase by an average of at least 25% per annum over the next decade, and they aim to capture 5% of the global market share on the long run, for a projected total platform revenue target of $400 million by 2025 ;)

For sure will be so. And yeah, the goals definitely matter. And it is very important to see guys working on brining unique user experience

Good evening everyone. Another thing I have discovered today is that pukkamex is coming with own interface that suits all latest standards and moves user experience even further. Anyone here to confirm?

Evening greelzs. This is indeed an interesting observation, cause this is absolutely true. Have you already seen the following section in their white paper?

To tell the truth, I haven't. Would be great if you can share more about what exactly is thought over by the team, related to this question

Of course, I can. Their clean, streamlined and intuitive user interface provides immediate access to the all data and controls needed to make quick and informed trading decisions. The Pukkamex trading platform uses a robust web-based interface that can be accessed from any device, at any time, allowing users to easily speculate on prices or hedge existing positions  ;)

Perfect, just perfect. Cause it is very important that team allows to run everything both from Web on PC, mobile etc. Being ultimate definitely matters these days and brings much more to users

This is very true and I fully agree with you. And of course, great to see team taking into consideration that many aspects

Hello there azimeert. This is an interesting topic to discuss - but what exactly are you wondering in here?

This is indeed an interesting question. And for sure they have thought it over. Pukkamex will offer a wide range of support options, tutorial videos and documented guides for both novice and experienced users. And more to it, community managers and admins will be available 24/7 to monitor platform chat users, support mail and all social media channels ;)

Absolutely, so no worries - both beginners and professionals will easily use pukkamex platform

Afternoon there everyone. And as pukkamex is a trading platform, I am having a few questions about depositing and withdrawals. Anyone here?

Greetings greelzs, what exactly would you like to clarify about deposits & withdrawals?

As we basically work with funds, it is important to understand how fast is depositing process and withdrawals one. And another aspect is security. How secured are the funds? Do the guys use hot wallets?

This is an interesting question mate. As for deposits, as far as I know, they are processed instantly and are available for trading after 3 confirmation, like everywhere. As for withdrawals, pukkamex employs a failsafe multi signature cold storage wallet for storing all crypto. None of our holdings are stored in hot wallets

Perfect, cause you know, cold wallets are always much more secured, so especially important on trading platforms. And as far as I understand, in this case withdrawals may take a bit more time to get processed, right?

Yes, you are right.  As they stare everything on cold wallets, their withdrawals are processed manually. According to White Paper, all withdrawals are processed at 12pm GMT. Any withdrawal request submitted after the processing time is postponed to the next processing time ;)

And are you also aware of some internal details related to trading processes?

It depends on what you mean by internal details. What exactly are you wondering? Cause so far don't fully get the question

I wonder - are the guys using artificial intelligence in pukkamex ecosystem? Cause in my opinion, this may also be pretty interesting for traders

that might pose an efficiency failure for some users. they should be clear about this set-up to all their potential users. so being the gold standard for an exchange might not be appropriate here.
most exchanges are already having instant withdrawals. though this platform are using cold wallets for security purposes, is there other option to secure your exchange other than this? this might not attract users that are always on the go.

This is indeed an interesting question. As far as I know, they do not provide trading or financial advice and they do not use AI for trade recommendations. In my opinion, pretty rational as trading is always up to trader ;)

Agree with you in general. So there are no plans to implement AI or machine learning to optimize some processes later?

As far as I know, not for now. But what they do have is a fully automated copy trading funcionality, a very convenient feature

This is for sure an interesting question. With their copy trading platform you can copy top traders from the leader board in return for a percentage share of the profit you made. And the platform does everything for you, all you have to do is follow your favorite trader

Nope, it is not fixed. Every trader will set his/her own fees and it will be available for users before they follow, so everything must be very transparent

That is correct :) Every pukkamex user can copy top traders ;) But to be eligible for a top trader spot you must meet some requirements and get approved by the team

Good afternoon! For sure will try to clarify that for you - what exactly about the features you wanna know? And which features exactly?

Oh, this is indeed an interesting question. As far as I know, they have all 4 main convenient order types. Market order, limit order, stop market and stop limit

An order that is executed at a predetermined entry price for a specified amount set by the trader, limit orders are entitled to a maker’s rebate ;)

Good afternoon everyone, how are you guys all doing today? If possible, wanna clarify about the trading pairs. Is anyone here today?

Afternoon greelzs, doing fine, how about you? By the way, more and more people are joining the thread, nice to see new faces! What exactly are you wondering about the trading pairs?

Oh yes, I have also noticed that attention towards pukkamex is growing every day. As for trading pairs - curious to know, are there many available on pukkamex, are you aware?

This is an interesting question indeed. They will start with BTC and ETH and more will be added at a later stage down the roadmap. In my opinion, this must help to organize the process better and to make everything more advanced

I see, makes sense. And is there already any info on which ones exactly will be added? Or this is yet to be decided?

If I am not mistaken, there is a following section in the White Paper, so you can have a look at it right there ;) By the way, a lot of useful info available there also

Afternoon there everyone. Another thing I have discovered today is the liquidation engine. Has anyone of you heard of it?

Hmm, it seems that I have, but cannot remember for sure what it stays for. Can you please provide more details on what it stays for?

Yes, of course. At pukkamex they liquidate positions incrementally such that a portion of the position will be liquidated ensuring that position margin is equal to required maintenance margin. In my opinion, must be extremely comfortable for the traders

Seems so. And as far as I understand, as such the traders can still make money if the asset is to move in their favour after touching liquidation price

Exactly - you are very true. Pukkamex will employ a state-of-the-art liquidation mechanism that is much fairer to traders than the liquidation mechanism used on existing exchanges

This for sure sounds very interesting, thanks a lot for clarification! Will definitely examine more about it

Hello. Oh yes, there are such! For example, talking about post only, when this option is active orders will only be posted if buy order/ sell order price is below/above market price

There is a special section right in the White Paper, called "additional features" - have a look at it! The feature I love the most is "reduce only" - heard of it?

It basically allows traders to set limit orders which have a reducing affect. Used mostly for profit taking, this order is only executed if the net affect is to reduce open positions, otherwise it is reduced or cancelled upon reaching the limit price :)

Greetings there. Yes, this is very true. With the cryptocurrency market cap growing by a staggering 700X since 2013, and trading volume increasing by an average of 108% per annum, pukkamex team foresees massive demand for leveraged trading platforms over the coming years

Yes, they have. They estimate overall market trading volume will continue to increase by an average of at least 25% per annum over the next decade, and they aim to capture 5% of the global market share on the long run, for a projected total platform revenue target of $400 million by 2025

Exactly! And to tell the truth, I really love the results they are showing so far. Great job, in my opinion

Good evening there, how is your working week going, guys? Anyone around to talk? Having few thoughts to clarify

Hey greelzs, I believe that there is always anyone around :) What exactly you wanna talk about?

Will there be any special conditions for the traders that spend some particular amount of money or time on pukkamex? Kinda as a sign of loyalty. Or you know, reduced commission or so.. Just any types of benefits

Yes, there are several benefits programs planned, but they're not being disclosed to the public as of yet, as I know. Although, of course the manner in which the platform ranks top traders for listing on the leaderboard takes both account size and ROE into account amongst several other criteria ;)

This definitely makes sense. Cause you know, always a pleasure to get some kind of benefits ;)

Very true of yours and I do share your views mate :)

This is very true, PUX token is built to suit many purposes. The PUX token will be used to fund our launch, price our services, and share revenue with token holders

It is GO-20 based. Pretty innovative format. The token will be tradable on Pukkamex and other decentralized exchanges that support GO20 - tokens.

Yes, a new standard. But I recommend you to examine more about them. Comparing to ETH, as far as I know, it is much faster and kinda more reliable

Evening there everyone. And talking about you - what matters to you the most, while evaluating the solution? What makes pukkamex attractive?

This is a very interesting question. As for me, the things that matter the most is the value pukkamex brings. And talking about pukkamex, the project brinfs many opportunities to all platform users, I mean to the traders

Well, my favorite one is definitely copy trading one. Have you heard of it? In my opinion, should make everything much more attractive to less experienced users

Copy trading? To tell the truth, it seems that I have heard of it, but cannot remember for sure. So would be great if you can briefly remind me what it stays for ;)

With their copy trading platform you can copy top traders from the leader board in return for a percentage share of the profit you made. And the platform does everything for you, all you have to do is follow your favorite trader ;)

Sounds very interesting, thanks a lot for sharing! For sure will check out more about them shortly! So far so interesting

Evening azimeert! Doing fine, how about you? Sure, go on with the questions ;)

This is a good question. They will be offering some introduction videos for beginners. More to it, by copying and watching top traders they feel new users can get a better understanding. THey also offer a unique liquidation mechanism which is more forgiving for new users. Their liquidation engine liquidates in increments of 10% ;)

Yes, absolutely so! The platform is built to be equal for everyone ::) So everyone gets access to every feature

Good evening there everyone, how are you guys today? Is anyone around? Having a few moments to clarify about pukkamex

Sure, of course! There is always someone around :) What exactly you wanna clarify?

Am I right that pukkamex is aimed at being available globally? Or the team is aimed at some particular markets only?

Yes, of course for everyone and globally. As I know, there are some restricted countries (you should better check their website for it), but in general - for everyone. The team is very ambitious

Sounds amazing! And by the way, where do you basically get all the updates about the current progress and else? Any channels you follow?

As for me, I mostly get everything from their Telegram chat, they have a truly friendly community! Just search for pukkamex there ::)

Greetings there! And is there anyone around? Wanted to know more about the team and platform development, if possible

Evening! For sure, of course. What exactly you wanna know? Don't fully understand what you mean by team and platform development

I wanted to know more - does pukkamex outsource any bunches of their business? Or building everything on their own?

Absolutely, work is done by their own developers hands. And they do utilize other people experience as well ;)

I'm waiting how they will work on being the gold standards for the exchange. This will take a lot of work, effort, advertising and other things that will build their image in the crypto community. I wonder how solid is the backing of the development team here???

Sounds great, cause experience definitely matters and nice to hear that team both works internally and works with external experienced people

This is true. And I recommend you to have a look at their team section right on their website or in White Paper. pretty sure that you will be impressed with the background of the core team

This is very true! And you know, in my opinion, the milestones are very solid. And as for now, what are you waiting for the most?

Oh yes, absolutely agree with you. Must be the thing everyone is waiting for! And by the way, when is it planned?

This is very soon! Yeah, I am also definitely interested to have a look at pukkamex on my own! For sure will follow the updates deeper, thanks for sharing

Evening there ladies and gentlemen. And if possible, may I refine about copy trading features once again? Anyone in here aware deeper?

Greetings sarrpora. Oh yes, was exploring more about it today, so for sure you can proceed with the question, will try to explain everything

I am very interested to know - am I right that the feature is availably for everyone? And how long will the process take - I mean to choose the reader to follow?

This is indeed an interesting question. Yeah, the copy trading functionality is available to every pukkamex member regardless of skill level. And it's an extremely simple and quick process ;)

Sounds extremely great. Cause you know, I believe even professional traders from time to time may use the feature, for example, when they are busy

Exactly. So yes - future is truly ultimate and truly for everyone! ::)

Sure, of course! And nice to meet you in here. Btw, really love seeing more and more people joining pukkamex. What exactly you wanna clarify?

This is a great question. 25% of gross revenue is distributed to PUX holders every Sunday at 12:00 GMT via smart contract. So everything is very simple for everyone!

Was very happy to help - feel free to ask further questions, in case you have any

Yes, of course. What exactly you want me to clarify? How it works?

Well, essentially what the copy trading does is allows beginners or less experienced traders to copy the trades of more experienced traders automatically. It all starts with the leader board. The leader board is a simple table that lists each traders username, a summary of their trading strategy (entered in the appropriate section by the user, 200 character max.) and their % ROE since they joined the platform. There is a special section right in their White Paper - I really recommend you to have a look at it :)

You are always welcome! And everything is available right from the website :)

Doing fine, azimeert. Going fine, what about you? Sure, I am here, what exactly you want to clarify?

This is indeed a great question. Exactly, they feel the usage of cold wallets are needed to maintain security, so they use such wallets ;)

Exactly. I absolutely share your views in here, so for sure everything pukkamex is coming with makes sense

Afternoon ofcosi, sure, will definitely try to clarify these things for you, if I am aware ;) What are the questions about?

Well, PUX Point, is their second token, which serves as a digital point to award and/or compensate liquidated traders.PUXP is distributed to every single trader if a liquidation is triggered. 1 PUXP is rewarded for each 1 contract liquidated, this is visible via "my account" page. These points are non-transferrable.

At the end of every quarter 15% of the increase in the insurance fund’s size is distributed to PUXP holders in BTC relative to their holdings to total PUXP available, at which point all PUXP balances are set to zero ;) Pretty fair, from my point of view

BREAKING; pukkamex Updated Tokenomics

PUX tokens underlie pukkamex, since from the very beginning the mission was and will maximize value for holders of PUX tokens, so the team carefully thought out and implemented what is considered the best model of tokenomics and tokens in existence today

https://medium.com/@pukkamex/breaking-pukkamex-updated-tokenomics-a33059b55153