Ecex.Exchange Trading Platform as a debtor tool https://ico.ecex.exchange/ico-details/Assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract. For example, if Party A contracts with Party B to sell Party A's car to Party B for €100, Party A can later assign the benefits of the contract - i.e., the right to be paid $10 - to Party C. In this scenario, Party A is the obligee/assignor, Party B is an obligor, and Party C is the assignee. Such an assignment may be donative (essentially given as a gift), or it may be contractually exchanged for consideration. It is important to note, however, that Party C is not a third party beneficiary third party beneficiary, because the contract itself was not made for the purpose of benefitting Party C. When an assignment is made, the assignment always takes place after the original contract was formed. An Assignment only transfers the rights/benefits to a new owner. The obligations remain with the previous or previous owner.
Let's take the step further. Assume that Party C put the obligation on the Party B to Ecex.Exchange Trading Platform and he/she want this obligation sell and price is €50. He/She log in and put the asking price to €50 and sent the notification to other parties and the market that HE or she has assignments for sale. Let assume that Party B receives the info and he/or She make the counteroffer and put the price on Ecex.Exchange Trading Platform, let's say €40. Maybe they agree on €45.
As we see there is the great possibility to ease the situation of the debtor while allowing the parties to solve more delicate financing problems more flexibly.
The main idea here is that the debtor can always log on to the Ecex.Exchange Tradin Platform and bid on the specific claim against which he is a debtor. The creditor and the debtor are both Ecex.Exchange Tradin Platform significant customers in addition to investors who are interested in mediation.
General conditionsThe Ecex.Exchange Platform is an online blockchain technology-based assignments (claim, receivables, factoring agreements, divestiture of claims etc.) exchange platform, which shall provide to the User: (i) opportunities to sell and buy assignments, claims, receivables, and mediate insurance contracts, (ii) various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims, (iii) opportunities to ensure the safety of assignments and using Ziggurat cryptocurrency for internal payments.
The PlanetZiggurat shall grant to the User an opportunity to use the Ziggurat digital tokens
(i)to opportunities to pay partly for service to sell and buy assignments, claims, receivables, and mediate insurance contracts,
(ii) to pay partly various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims,
(iii) Ziggurat cryptocurrency grants the right to profit from up to 20% of Ecex.Exchange Trading Platform outcome, (distribution will be in cryptocurrency, in ethereum until otherwise decided),
(iv) using Ziggurat cryptocurrency for internal payments through the Ecex.Exchange Platform,
(v)Allow traders to settle Ziggurat tokens,
(vi)PlanetZiggurat will not emit additional tokens over initial amount 531 000 000,00 ZIG,
(vii) If some services in Ecex.Exhange or another platform will burn Ziggurat tokens then it is allowed to emit additional tokes to restore maximum emission amount,
(viii) Founders and Foundation will not sell Ziggurat tokens on public markets until the end of 2018.
Only the owner of the Ziggurat digital tokens may purchase with discounts the services of the Ecex.Exchange Platform.
https://ico.ecex.exchange/
