johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 06, 2017, 05:10:30 PM Last edit: January 04, 2018, 07:54:12 AM by johnsm79 |
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danmoris
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November 06, 2017, 05:10:47 PM Last edit: November 25, 2017, 07:21:11 PM by danmoris |
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I have been aware of this project for quite some time now as the team behind it is really strong and active both on as well as off line. They have already proceeded with multiple road shows as well as global announcements in related magazines and news channels and was really curious as to why these people haven’t appeared in the forum yet! It seems that they have finally arrived – Welcome!  I’ll be definitely joining trade.io and keep a close eye as to what they are up to because their project is set to be one of the most successful ICOs yet! 16/11/2017 Update: STOP THE PRESS! MORE GREAT NEWS ABOUT trade.io! PLEASE SEE BELOW (I am quoting here): We are really excited to announce a major change in regards to the requirements of participation in the liquidity pool.The response to our liquidity pool has been overwhelming! However, trade.io's management has decided to revise the minimum number of Trade Tokens required for participation based on the feedback we received from our dear community members and supporters.
Please find the exciting details below in regards to the revision made (comments taken from our updated whitepaper):
In order to participate in the liquidity pool, clients must commit a minimum of 2,500 Trade Tokens as a membership fee.
A Graduated Plan will be used when it comes to the participants’ daily share of the profit as per the table below (Trade Token participation): As the table suggests, the higher the amount of the participation is, the higher the percentage share of the profit will be with 25,000 Trade Tokens being the minimum number of Trade Tokens locked for full / maximum profit share (Investing 25,000 Trade Tokens and above carries an additional 10% as a bonus).Example of Liquidity Pool Participation To illustrate a sample situation using the graduated plan in the table above, let’s take the following hypothetical situation:
Participant A has locked 2,500 TradeTokens - this means they will be eligible for 10% participation. Participant B has locked 12,500 TradeTokens eligible for 50% participation. Participant C has locked 25,000 TradeTokens eligible for 110% participation.
Now, let’s assume the 3 participants above are the only participants in the liquidity pool and $10,000 was generated in revenue on a hypothetical day: Participant A accounts for 6.25% of the Trade Tokens found within the liquidity pool (40,000 Trade Tokens x 6.25% = 2,500) or a share of $625 out of the $10,000 generated revenue ($10,000 x 6.25%). Since they are entitled to only 10% of their share, their allocation for the day would equal to 10% of $625 or $62.50.
Participant B accounts for 31.25% of the Trade Tokens found within the liquidity pool (40,000 Trade Tokens x 31.25% = 12,500) or a share of $3,125 out of the $10,000 generated revenue ($10,000 x 31.25%). Since they are entitled to 50% of their share, their allocation for the day would equal to 50% of $3,125 or $1,562.50.
Participant C accounts for 62.50% of the total number of Trade Tokens found within the pool (40,000 Trade Tokens x 62.50% = 25,000) or a share of $6,250 out of the $10,000 generated revenue ($10,000 x 62.50%). Since they are entitled to 110% of their share, their allocation for the day would equal to 110% of $6,250 or $6,875.
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 06, 2017, 05:11:12 PM Last edit: December 06, 2017, 10:24:36 AM by johnsm79 |
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This has been updated on the 01th of December 2017: It is with great excitement that we officially announce updates in regards to our ICO!
1. Dates have been changed. It will now run from the 7th of December 2017 till the 4th of January 2018. 2. ICO Token pricing has also been re-adjusted now featuring a more fair tier-based system. Early participants will be rewarded with a lower price – please see below the relevant table: We wish to thank you all for your support, encouraging comments and consideration. With your involvement, this project is turning to a major success for all of us! This has been updated on the 06th of December 2017: Trade.io Funds Cutting-Edge Distributed Ledger Technology Research At The University of Nicosia
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100degrees
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November 06, 2017, 05:12:04 PM |
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I will investigate, interesting project
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chrisfatos
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DIW - Decentralized Security
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November 06, 2017, 05:12:13 PM |
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Yes is going to be the next big thing!
I was checking their website and the presale is about to start.
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rachman mahesa
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November 06, 2017, 05:20:10 PM |
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This project is very good and interesting, a tremendous trade revolution. Maybe this is a project that will be successful in the future.
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Praetorian.1legion
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November 06, 2017, 05:28:08 PM |
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Is this the new currency exchange? And the exchange for Fiat will be? Whether there can be problems with safety. How many pairs will work on the exchange?
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 06, 2017, 05:37:42 PM |
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Is this the new currency exchange? And the exchange for Fiat will be? Whether there can be problems with safety. How many pairs will work on the exchange?
This is something much bigger than just a currency exchange. It will be a trading platform that will have both fiat and crypto currency. It will also have a liquidity pool at which members can participate and receive earnings. Is worth looking at the video: https://www.youtube.com/watch?v=dNseQa3doz8This is the best next thing, that will change trading by changing trading history! I invite people to also read the whitepaper and understand the technology behind Trade Token
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bigcash2011
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November 06, 2017, 05:47:56 PM |
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So this is basically a forex, commodity and crypto hybrid trading platform, correct, i think this kind of projects on blockchain will provide the missing transparency to traders and investors, secondly it is a great step to bridge the gap between forex and crypto trading, i always wanted a one platform for trading. So keep it up!
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 06, 2017, 05:52:59 PM |
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So this is basically a forex, commodity and crypto hybrid trading platform, correct, i think this kind of projects on blockchain will provide the missing transparency to traders and investors, secondly it is a great step to bridge the gap between forex and crypto trading, i always wanted a one platform for trading. So keep it up!
This is what is trying to fight. All the problems that have to do with lack of transparency, high fees by the financial institutions and the liquidity problems that these institutions (banks) are having. So when all these are up on the blockchain, people will not only be able to trust trade.io but also be able to benefit by being part in the liquidity pool that funds it!
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cryptonianz
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November 06, 2017, 06:18:19 PM |
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Very interesting project, these guys are big! I will investigate it further and get back with questions.
I like the idea of the liquidity pool, this could help many other real ICO's raise the funds they need, even the problem that XRP is currently facing with the banks.
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pixelFolly
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November 06, 2017, 06:51:11 PM |
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Idea sounds nice but for those with a lower net worth note that to participate in the liquidity pool you would need a roughly $7,500 dollar initial investment at pre-ICO exchange rate. Unless I'm mistaking the necessary 5,000 token stake in order to participate in the liquidity pool mentioned in their youtube video.
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 06, 2017, 07:00:36 PM |
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Idea sounds nice but for those with a lower net worth note that to participate in the liquidity pool you would need a roughly $7,500 dollar initial investment at pre-ICO exchange rate. Unless I'm mistaking the necessary 5,000 token stake in order to participate in the liquidity pool mentioned in their youtube video.
Is logical that to have the voting power, is necessary to have a significant number of tokens assigned to the liquidity pool! This will protect the participants and the pool and ensure durability for the future.
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SeveralQ
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November 06, 2017, 08:12:21 PM |
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Hi everyone! Just added Trade.io ICO to my website https://concourseq.io/Q/Trade.io! Anyone with an account can submit contributions to your page, so we are reaching out to this community to get everyone involved!
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 06, 2017, 09:25:49 PM |
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Hi everyone! Just added Trade.io ICO to my website https://concourseq.io/Q/Trade.io! Anyone with an account can submit contributions to your page, so we are reaching out to this community to get everyone involved! We are certain that this will help people stay tuned!
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Arteezy.rtx
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2 EZ 4 RTZ
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November 06, 2017, 09:50:21 PM |
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tianyi321
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November 07, 2017, 05:26:18 AM |
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It's a good news to crypto community. but Mt.Gox, MintPal...etc, many businesses associated with the Bitcoin industry, Millions of dollars worth of bitcoins have been stolen, lost. so i hope trade.io can find a better way to solve the problem.
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 07, 2017, 05:30:02 AM |
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I think this is nice Project sir! Reserve indonesian translation if needed
regards!
The bounty program will be posted on Bitcointalk later on today. Stay tuned!
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rz20
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November 07, 2017, 05:52:31 AM |
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Is there any minimum buy limit for participating in the pre-ICO of your project? If yes can you please tell what that amount is.
Thanks
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johnsm79 (OP)
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trade.io - Join the Trading Revolution
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November 07, 2017, 05:59:24 AM |
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Is there any minimum buy limit for participating in the pre-ICO of your project? If yes can you please tell what that amount is.
Thanks
The minimum amount is 0.1 ETH Since few hours ago the PRE-ICO is open and you can register an account: https://trade.io/You can also purchase with Fiat currency available ONLY for PRE-ICO.
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