Tell us about your benefits. I saw that Thomson Reuters is your partner. This is true?
Hello, yes you are right! Our benefits: to encourage continuous trading activities on Level01, users can host trading rooms and tournaments to earn perpetual residual commissions. This clever user-driven mechanism keeps the LVX token active within the network, reinforces its price and reduces the pressure of selling the LVX token for other cryptocurrencies or tokens. Beyond having just individuals on board, Level01 will allow institutional investors and brokers to trade on the platform. Adding them will increase liquidity and allow all Level01 users to obtain better trade execution and more profitable trades, with better odds. The platform utilizes Thomson Reuter’s data feeds as a trusted source for its AI deep learning algorithms to provide real-time pricing analytics on derivatives contracts; the data is also used to ensure transparent, efficient and accurate settlement of derivative contracts upon maturity. Level01’s partnership with Thomson Reuters will attract institutional traders to come in for their own book balancing. The system also facilitates commercial and institutional trading by providing access to the Level01 platform via APIs. Level01 anticipates other retail brokers will have significant improvements in liquidity, which would enable them to hedge their exposures at lower costs outside of their own platforms. Again, this creates greater liquidity and trading benefits for all.
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I thought a lot about this project, I hope the project will work as it is seen by the developers.
Thank you very much for your comment!
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We launched Level01 platform to open the complex but lucrative $1.2 quadrillion derivatives market to the general public. It has been an exhilarating journey sharing and educating people about our Blockchain-based brokerless, P2P, AI-assisted fairest pricing, low fee and user friendly platform and app. But it takes time for the public to realize what a groundbreaking platform we are developing. And only now our efforts are beginning to bear fruits such as: ⭐ Few big private funds and HNWIs (high-net-worth individuals) are interested to invest in us.⭐ We are expanding to the huge Korean and Europe markets.With all these exciting developments, our ICO is extended till 31st December, 2018 to finalize these deals. Quickly take advantage of this extension by participating in our ICO now before we go live next year. Register now, https://Level01.ioVery good news! Entering the European and Korean markets will bring us huge benefits! Thanks buddy! Thank you for your support.
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We launched Level01 platform to open the complex but lucrative $1.2 quadrillion derivatives market to the general public. It has been an exhilarating journey sharing and educating people about our Blockchain-based brokerless, P2P, AI-assisted fairest pricing, low fee and user friendly platform and app. But it takes time for the public to realize what a groundbreaking platform we are developing. And only now our efforts are beginning to bear fruits such as: ⭐ Few big private funds and HNWIs (high-net-worth individuals) are interested to invest in us.⭐ We are expanding to the huge Korean and Europe markets.With all these exciting developments, our ICO is extended till 31st December, 2018 to finalize these deals. Quickly take advantage of this extension by participating in our ICO now before we go live next year. Register now, https://Level01.io
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You need a lot of work. Such projects as yours are very difficult to implement in the market.
Hello, thank you for your comment. We know it
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How the project will cope with the fact that often cryptocurrency exchanges are exposed to attacks from the attackers?
Hello, the Level01 platform servers are secured with multiple layers of firewall and server security solutions to safeguard the system from different types of attacks. The firewalls are continuously monitored and configured to identify malicious activity and eliminate current and potential attacks while ensuring a stable service. Authentication is necessary for all access points to the servers. The authentication method is through OAuth2 framework. The tokens are 256 bit encrypted and are invalidated after 3600s. While maintaining vigil over serverside security, the blockchain element introduces another dimension of performance and security that Level01 has to monitor to prevent or mitigate issues. Certain issues that are common to other trading platforms are mitigated by the Level01 hybrid platform design
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I read that you will use the blockchain as a Financial Settlement Layer. How will you do it?
One of the major advantages that blockchains confer is an efficient and transparent settlement of transactions (including contracts) with strong immutability and transparency. The improved settlement of transactions — whether they be between cryptocurrencies or financial assets — is naturally an objective of enhancing financial systems and removing cumbersome transaction costs. For point-of-sale retail transactions, settlement on the back end with a payment network such as Visa can take a couple of days despite the transaction still processing in real-time between the customer and merchant. On Wall Street, trading execution happens instantly, but the settlement on the back end can also take a couple of days, commonly referred to as T + 2. Blockchains provide fast and automated settlement across a decentralized P2P network. Rent-seeking intermediaries are removed from the process and trade parameters can be coded into smart contracts that perform automated settlement upon expiration of contracts. An opportune market for blockchains to make a significant impact is the derivatives market, estimated to be worth $544 trillion. Decentralized, peer-to-peer (P2P) exchanges are emerging as a future infrastructure for financial marketplaces. Level01 is a decentralized and P2P exchange focusing on the derivatives market and allows options contracts to be traded without brokers or intermediaries.
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Thomson Reuters? Wow, Thomson Reuters operates in more than 100 countries, and has more than 45,000 employees. This is a very strong partnership
Hello, yes! We are very proud of it!
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I think that soon fiat money will be old-fashioned and people will use cryptocurrency in large quantities. Therefore, the project Level01 definitely has a future!
Thank you for your support !
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Can you tell me when your ICO is over? The site does not have this information.
Hello, ICO closes 31st December
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A study by Gartner has found that 82% of reported blockchain implementation were in financial services. As a distributed, tamperproof ledger, Blockchain doesn’t cut out intermediaries, reduce costs, and increase speed and reach. It also offers greater transparency & traceability. Read: https://level01.ioLink to post: https://twitter.com/Level01io/status/1063388315095683073Follow us!
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I think you need to add other languages to the site. It will attract more users and fans.
Thanks! We will think it!
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Will your token perform such functions as a token of binance and other exchanges?
Hello, the LVX token is a combined value plus utility token, as it is used both as a medium of value exchange within the Level01 trading platform; and also utilized for in-platform functionality/value creation: - Users can stake tokens to create trading rooms, which users can join for group matches. The host organizer will derive fees from the room’s trading profits.
- Users can also use tokens to organize tournaments in daily, weekly, fortnightly and monthly intervals. Tournament host organizers derive a % of tournament fees raised during the event.
To ensure liquidity and value, the LVX token will also be registered on prominent cryptocurrency exchanges worldwide, and be made available for actual trading and exchange with other cryptocurrencies.
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Any important updates? I would like to know
Another cryptocurrency exchange? It will be very difficult for you to compete with other exchanges. Hello, Level01 is a peer to peer (P2P) derivatives exchange that allows investors to trade options contracts directly with one another, without requiring an intermediary or broker. We know it and respect our competitors!
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