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Author Topic: P2P exchange plus Market Maker with a twist to let everyone owns/trades BTC/LTC  (Read 723 times)
BenAnh (OP)
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March 17, 2014, 07:40:54 AM
Last edit: March 17, 2014, 09:13:40 PM by BenAnh
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Yes, you are right! We're developing what we think is the the next big thing in digital currencies. We all have been waiting for the killer apps in this space for sometimes now and this is probably it. What we will be able to do is to build a P2P exchange, I mean truly P2P exchange plus Market Maker with a twist. You can think of this as localbitcoins with an awesome twist and it could be the next eBay/Amazon of the 21st century. We make it so easy for you to BUY/SELL or even TRADE with locals then internationals. Let's say now we have more than 1.5M wallets and presumably it's a little more than 1M BTC users/consumers. This number will continue to grow tremendously over the next couple of years; however the level of entry to BUY/SELL plus usage is still a question to the mass. We're the gap to introduce a couple of things:
- Wallet: intuitive and very easy to use with your phone number! Of course you can use your own but it's more convenient to use ours because we protect your from frauds and we secure your coins with the highest possible industry standards.
- Market Maker: by now everyone should have access to BTC/LTC to make purchases at competitive price anonymously or not so anonymously depending on your local jurisdictions.
- P2P Exchange: Yes, it's truly P2P. We don't deal with banks directly, it's you and your peers in the process. We only escrow BTC/LTC and use them as collateral to make your transactions as smooth and fast as possible. Frauds and scams are so 20th century, we will eliminate each and every one of them in the process.

Hi, you can call me Ben! I'm an entrepreneur plus investor for quite sometimes in this space. I can't promise a lot but what I can promise is the make this so easy to use that if you have ever purchased anything I mean anything in your life you can use our apps to make purchases either with your smartphone or even with the phone that you've owned since the 90s. The idea to to reach the mass with friendly UI's, it's so simple for the average Joe and it can be very complex for the most experienced traders. All can be customized to your needs. If you know how to transact something in your daily life, this is a piece of cake with press BUY to get the coins and press SELL to get Fiat without worrying about frauds. The time frame to BUY and SELL will within 1h to 24h depending the fees you're willing to pay, a little bit more fees if you want it faster. For example, if you want to withdraw cash same day (or SELL and getting cash/money same day), probably pay a little more to get that so the power is in your hands!

Here is what I need to gather feedbacks on and what we need to make this happen:
1: Users/Consumers - we'd like to know what you want from features all the way to supports, what works for best under certain circumstances like your region, your country, your bank, etc...?
2: Potential investors - how much are willing to invest and why? Possible croudfunding?
3: Developers/Entrepreneurs - would you like to get involved if there are opportunities? How much time/resources or even funds can you contribute?
4: Testers/members - will you be interested to testing it and getting some perks along the way. To be a member, you need to have both BTC/LTC and Fiat at your disposal and follow simple instructions to partner with us.
I can not reveal much once we reach beta as we're in the sketching phase at this point in time. I will update and respond to this thread on a weekly basis. I'm here to serve the community and the prospect of crowd-funding this project is very likely. So if you have something to offer, please let me know!

P.S: Feedbacks are welcome but the mean ones, I only accept constructive critics and criticism for now! I will re-post this on Reddit and litecoin forum as we also plan to deal with the 2 most popular first: BTC and LTC.

Update 1: (03/18/14) I've got a couple of people asking about the business model and when I said it's like LocalBitcoins with a twist, and it's an awesome twist; I mean we're cooking something very cool that we think you will love. This is out secret sauce!
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