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Author Topic: ✔️ ⚡️⚡️⚡️ [ANN-ICO] ATUM – The most advanced decentralized exchange!  (Read 2051 times)
Gooffy (OP)
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October 03, 2017, 08:10:44 AM
Last edit: October 09, 2017, 06:31:44 AM by Gooffy
 #1







PROBLEMS

The current infrastructure of cryptocurrency trade is only being formed and is characterized by some serious drawbacks. Thus, clients-participants may encounter the following risks directly or indirectly during their trading on cryptocurrency platforms:

the risk of hacking when funds are kept on a platform (for example, Mt. Gox);
non-transparency of the platform activity due to the lack of regulator; platform involvement in shady operations that makes it the subject of investigation and the future of its clients’ funds are therefore vague (for example, BTC-e);
the possibility of trading “against” the client (as the trade occurs inside one system-broker, a broker may have a temptation to manipulate a quotation as a result - margin call).


SOLUTIONS

Atumchain is a decentralized cryptocurrency trading platform. The goal of Atum is to provide transparent client-client (wallet-wallet) trades without depositing funds in the exchange and to provide clearing of these settlements. Clients of Atumchain will execute trades directly with each other. The main aim is to build a bridge between blockchains where orders are kept and to realize them when the required conditions are met (bridge-momentum). Bridge-momentum is the moment when transaction is considered to have been executed and it is the time to make payment. The transaction is considered to have been executed at the moment when the first pair which meets the price terms is found and transaction volumes are balanced.
Clients may cancel or change the transaction before bridge-momentum but when it occurs this chain is frozen until the moment of the settlement and volume rebalancing takes place.




kamiyama
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October 03, 2017, 08:15:45 AM
 #2

I can not read Whitepaper
Gooffy (OP)
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October 03, 2017, 08:19:41 AM
 #3

I can not read Whitepaper

Fixed it. Thanks
canonical
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October 03, 2017, 08:22:08 AM
 #4

You should put in the post title that this is an [ICO] to make it clear to readers up-front.
Gooffy (OP)
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October 03, 2017, 08:26:27 AM
 #5

You should put in the post title that this is an [ICO] to make it clear to readers up-front.

I'm sorry. Done.
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October 03, 2017, 08:29:10 AM
 #6

In many if the crypto forums we hear how the exchanges are doing such a horrible job of bot-trading against their customers. How can I be sure that platform you suggest is free of that?
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October 03, 2017, 08:29:28 AM
 #7

will this project held a bounty campaign?? i wanna reserve indonesian translation for this thread, and also whitepaper if you need it. PM me if you interesting about this.

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October 03, 2017, 08:34:24 AM
 #8

You have problems with your BBCode. I think its designed for html. Tongue
If you don't have an already working decentralized exchange, I don't think you'll be succesful.


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October 03, 2017, 08:39:22 AM
 #9

this could be a great thing but only if it is managed very well!if this becomes just like all the other attempts of a exchange then it will fail miserably!

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October 03, 2017, 08:48:32 AM
 #10

Quote
You have problems with your BBCode.
At the moment the problem is fixed Smiley
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October 03, 2017, 08:50:13 AM
 #11

Glad to hear about the concept and the thought process behind it. It's unique and can work out well if it is executed as planned. Now i do want to know the following-

1) If this is going to be 1x1 transfer between users, how the coins will be listed on your exchange? Meaning, would it be different than how the rest of the exchanges list coins on their portal?
2) How can one be 100% sure that the other member is not gonna scam?
3) Incase of conflict, what's the approach?

Thanks and have a nice day.
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October 03, 2017, 08:55:02 AM
 #12

There are some similar icos with this one, But is there an opinion about what makes this better than other decentralized exchange?

 
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Gooffy (OP)
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October 04, 2017, 08:14:03 AM
 #13

In many if the crypto forums we hear how the exchanges are doing such a horrible job of bot-trading against their customers. How can I be sure that platform you suggest is free of that?
Today you send your funds to own data base .(thats why exchanges may trade against you)..in our case, we a clearing house for different blockchains,  we can not trade against you
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October 04, 2017, 08:15:12 AM
 #14

will this project held a bounty campaign?? i wanna reserve indonesian translation for this thread, and also whitepaper if you need it. PM me if you interesting about this.
Today, we dont have bounty campaign.
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October 04, 2017, 08:17:32 AM
 #15

If you don't have an already working decentralized exchange, I don't think you'll be succesful.
We will release alpha ver before ICO
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October 04, 2017, 08:18:32 AM
 #16

There are some similar icos with this one, But is there an opinion about what makes this better than other decentralized exchange?
All features that we use are open source, thats why our competiteve advantages are in our team and advisory board
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October 04, 2017, 09:04:46 AM
 #17

You have agreements on investments with some large crypto funds?
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October 04, 2017, 09:16:10 AM
 #18

Hello. Will you have an open api?
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October 04, 2017, 11:48:21 AM
 #19

On what platform is your token? You will have to develop its own blockchain?
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October 04, 2017, 11:58:06 AM
 #20

I like your project. I'll think about investments.
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