[ANN][ICO] Leverj Announces Highly-Anticipated Token Generation Event

[velo_coinpit]

Cryptocurrency Trading Platform Leverj Announces Highly-Anticipated Token Generation Event


NEW YORK, Oct. 11, 2017 /PRNewswire/ -- Leverj, the decentralized platform for cryptocurrency derivatives trading, has today announced its highly-anticipated Token Generation Event (TGE) for its ERC-20 token. This token, LEV, is intended to serve as a license to conduct transactions on the Leverj platform, in proportion to the percentage of tokens staked. The TGE will commence on November 7, 2017 and conclude on December 7, 2017. The token crowdsale will have a hard cap of 115,833 ETH.

Leverj CEO Bharath Rao said: "Leverj aims to render both traditional financial processes and cryptocurrency trading more efficient by eliminating the frictions typically associated with them. By eliminating custodial risk, the platform will offer cryptocurrency derivatives traders enhanced confidence in the stability of their investments. With the support of our community, we plan to implement a seamless non-custodial model of cryptocurrency trading that will offer heightened levels of security and usability."

Leverj aims to use blockchain technology to create a decentralized trading platform in order to improve custodial and counterparty risk, as well as to avoid identity leaks. In an environment in which even the largest and most security-focused exchanges have experienced a loss of funds due to hacking, there is a significant market need for an exchange in which users are given complete control of their assets. Leverj will adapt the most desirable features of derivatives trading to cryptocurrencies, and its revolutionary trading platform will feature advanced tools such as atomic stops and enhanced reporting, including historical trading information about cryptocurrencies. The platform will also include simulated trades, trade replays, and peer subscriptions to gain insight from highly-skilled traders.

Leverj will feature a dual-token system that integrates with the trading platform. The primary token, LEV has a fixed supply and represents the license to make transactions on the platform. The secondary token, FEE, will be used as an accounting mechanism, where Leverj trading fees, denominated in Ether, will be payable in FEE at a fixed ETH price to provide market demand and value. The FEE will be created in proportion to platform trading volume and be distributed to LEV holder who stake their tokens to activate their license. The primary goal of the dual-token system is to ensure that users have access to a liquid market and can receive a discount on the fees they would otherwise pay for in Ethereum.

400 million LEV tokens of the one billion total created will be available for purchase. The TGE is limited to non-residents of the United States and China. The Leverj crowdsale whitelist is available at https://register.leverj.io/. It will open on October 10, 2017* and close on November 1, 2017.*

Rao said: "We are excited to commence our TGE and finally bring the much-needed upgrade of a decentralized trading platform to the Ethereum blockchain. Ethereum's advanced capabilities, such as smart contract decentralized apps, make it feasible to decentralize custody of funds, in comparison with alternative protocols like Bitcoin. In addition, Ethereum is a vibrant, focused, and highly-organized community that we are confident will support Leverj as a high-performance, low-latency derivatives platform."

In addition, Leverj is backed by ConsenSys, a leader in blockchain technology, who will serve as a technical advisor to the project. Through extensive experience building software on the Ethereum platform, ConsenSys will provide unparalleled expertise on smart contracts, token design, and cryptographic security.

LEV tokens will be available for purchase using Ethereum. For more information, the Leverj whitepaper is available at: https://www.leverj.io/whitepaper.pdf.

Leverj CEO Bharath Rao is available for interview.

About Leverj  
Leverj is a decentralized cryptocurrency derivatives trading platform. Using the Ethereum blockchain, Leverj will provide novice and experienced traders with a more secure and seamless platform for digital currency exchange. The platform will also offer services such as managed and simulated trading, historical data replay, mentorship by experienced traders, and a marketplace for trading indicators and strategies.

Telegram: https://t.me/leverj  
Twitter: https://twitter.com/Leverj_io



http://markets.businessinsider.com/news/stocks/Cryptocurrency-Trading-Platform-Leverj-Announces-Highly-Anticipated-Token-Generation-Event-1003824203


*There has been a misprint in the news publications that have gone out announcing the Official Leverj ICO. Whitelist Dates are as shown on the registration website, beginning October 10th and closing November 1st. All official dates can be found at https://register.leverj.io. The misprint has been edited to the correct dates for this post.

[1713984527]

1713984527

[jlanzago]

Look forward to Leverj although not sure if I will participate in the ICO or wait for exchanges (probably will trade below ICO price as a result of bonuses given during pre-sale).

[velo_coinpit]

Look forward to Leverj although not sure if I will participate in the ICO or wait for exchanges (probably will trade below ICO price as a result of bonuses given during pre-sale).

Well, if you change your mind, you should consider registering for the whitelist.

https://bitcointalk.org/index.php?topic=2262767

[TroubleMaker]

Do you have any bounty campaign? If you need any translation in Turkish, Don't hesitate to contact me, please.

[Amalgamus]

This project is doomed to fail.
I read the white paper and saw that you're asking the investors to pay at the most $35 million, and from that amount, they will get only $14 million in tokens which is only 40% of the total amount of tokens distributed.
20% for the founders (you are being greedy). That's half as much as those you're asking to back up your project.
10% for your partners (maybe your friends).
30% for liquidity and operations.
Investors are risking their money and get little in return.
 It would be even worse for those who invest into the second round as those who bought the first 150 million tokens will dump them on those who bought the 250 million as they will have a 35% bonus compared to the second batch of investors: 3000 tokens instead of 4615.
Don't worry, I won't come to fud. Just give a warning to those who are going to risk their money in your venture.
Vous prenez les gens pour des pigeons.

[velo_coinpit]

This project is doomed to fail.
I read the white paper and saw that you're asking the investors to pay at the most $35 million, and from that amount, they will get only $14 million in tokens which is only 40% of the total amount of tokens distributed.
20% for the founders (you are being greedy). That's half as much as those you're asking to back up your project.
10% for your partners (maybe your friends).
30% for liquidity and operations.
Investors are risking their money and get little in return.
 It would be even worse for those who invest into the second round as those who bought the first 150 million tokens will dump them on those who bought the 250 million as they will have a 35% bonus compared to the second batch of investors: 3000 tokens instead of 4615.
Don't worry, I won't come to fud. Just give a warning to those who are going to risk their money in your venture.
Vous prenez les gens pour des pigeons.

Interesting not-FUDing with FUD. Good on ya! But in all seriousness, I hear your concern. It's not exactly on point, but all concerns should be addressed.

I read the white paper and saw that you're asking the investors to pay at the most $35 million, and from that amount, they will get only $14 million in tokens which is only 40% of the total amount of tokens distributed.

How exactly did you come to that figure? I'll need to see your math on that one. Bit of a head-scratcher.

20% for the founders (you are being greedy). That's half as much as those you're asking to back up your project.
10% for your partners (maybe your friends).
30% for liquidity and operations.

Majority of Founder tokens will serve as additional liquidity, they will be staked to generate FEE liquidity. You should also take a look at the lock-up schedule for Founders and Partners. We have set it up specifically so that Founders and Partners will not be dumping on the market. Additionally, Advisors fall under the Founder allocation. You underestimate the number of people behind this project.

Investors are risking their money and get little in return.

This is just FUD. There is absolutely no evidence to back this claim.

It would be even worse for those who invest into the second round as those who bought the first 150 million tokens will dump them on those who bought the 250 million as they will have a 35% bonus compared to the second batch of investors: 3000 tokens instead of 4615.

All markets have an initial dumping period. Every token goes through this. It happens. And then the market rebounds. As we push out more and more products on our exchange, demand will increase. You also should take into account the advantage of staking LEV tokens to generate FEE. For as long as you are a LEV holder, you can continue to generate FEE. This holds value beyond what you might find in other ICOs, not to mention there is actually a legitimate use-case for our tokens as opposed to vapourware. But I don't ask you to believe my word, plenty of backers are already believing in the PRODUCT itself. This will be huge.

Don't worry, I won't come to fud. Just give a warning to those who are going to risk their money in your venture.
Vous prenez les gens pour des pigeons.

Ce n'est pas parce que ton FUD est en français que ça n'est plus du FUD

and finally, back to the top...

This project is doomed to fail.

I'm sorry you underestimate the revolution that is Leverj!

[FleurTunisienne]

Does there any bounty program for this ICO? The managers are not actif at all !!

[velo_coinpit]

Does there any bounty program for this ICO? The managers are not actif at all !!

There is currently no bounty program for this ICO

[velo_coinpit]

Whitelist sign-up ends tomorrow, November 1st at 11:59PM EST. List is 97% Full! Sign-up at https://register.leverj.io

[velo_coinpit]

The whitelist is now closed.

We had over 2100 participants with a median contribution of 10 ETH!

The Leverj token sale for whitelist contributors will open this Saturday.

Details:

Opens: Saturday November 4, 2017 at 9PM UTC

Unix timestamp: 1509840000

Block: 4490483

Closes: Monday November 6, 2017 at 6PM UTC

Navigate to our landing page https://register.leverj.io/ and click the contribute tab.

For instruction please watch video

[ICOnow]

Leverj ICO listed on ICOnow.

http://iconow.net/ico-667   

[velo_coinpit]

Public Sale opens tomorrow!!!

[velo_coinpit]

[ChiNgadOr]

here you got my translation of whitepaper to spanish...

https://drive.google.com/open?id=1p7B4nCRkpA65wtHoxhLoH4q3oZiCnkaq


enlace del whitepaper traducido por mi al español

[diogoaf]

Hi,

What's the token specifications?

Contract Address
Decimals
Symbol

There will have rewards for Tokens Holders like a PoS?

[clickside]

Saw on Twitter the Leverj CEO is at Consensus event ... anybody know if there is a speaking slot and/or announcements?

[velo_coinpit]

Saw on Twitter the Leverj CEO is at Consensus event ... anybody know if there is a speaking slot and/or announcements?

He is just there as a visitor But stay tuned, you may see him on stage at future events...

[identifyuser]

Is the project alive? Why there are no announcements and the discussion was completely quiet

[jk9694]

why is it so quiet here? is there some other branch dedicated to the project? this is very strange because there is activity in the telegram

[dumbtool45]

where is all gone? project alive? it was very interesting, but why this branch is dead, who else is following the project?