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Author Topic: [ANN][ICO] STeX Exchange - 1st aggregator and 10000 cross-rates on one platform  (Read 2127 times)
Ivan [STeX] (OP)
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November 27, 2017, 01:42:39 PM
Last edit: December 01, 2017, 01:06:44 AM by Ivan [STeX]
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ICO STAGE 1 is open till December 10, 2017
Last chance to get STE at the low price!

During the presale that closed on September 30 STeX.Exchange hit the hard cap and raised 15 000 ETH

We are going to make ICO Stage 2 on Wings Discovery Platform. The approximate starting date is January 15, 2018.

We have announced STeX Award! Bounty Campaign at https://bitcointalk.org/index.php?topic=2069043.0






The cryptocurrency world has experienced such an enormous and explosive growth in recent years
that no existing crypto exchange is capable of “swallowing”.
Imagine, you have coin A and a nice opportunity to sell it with profit. And at the same time, you wish to invest in a new promising token or coin B. The only problem - they are traded (or have best rates) in different exchanges, and if you try to trade this idea, you must finish the first trade, then transfer your assets from one exchange to another - wasting days and (the world is fast nowadays, remember?) finally missing the brilliant opportunity to raise money - and just because of market insufficiency to trade cross-rates among coins directly, not only through BTC, ETH or fiat.

Many coins and tokens suffer from one biggest problem – the lack of liquidity. This leads to enormous implications for active traders/investors.No known exchange is showing calculations valuable for high netinvestors about available volume at a specific price. Without thisinformation a reasonably large investor cannot make an informed decision.The scourge of the modern exchange is terrible liquidity. This is right therewhere we deploy our private algorithms and technical solutions tosolve this problem.



Solving Liquidily problem
With our unique HFT algorithms, originally developed to work on traditional stock exchanges, we can solve this problem, providing access to all trading possibilities from one trading platform, one trading account in a blink of an eye.

Liquidity aggregation
One of our solutions to solve liquidity problem is to aggregate offers from many other exchanges in one place, so big orders will be executed on STeX at better prices, because of automatic collection of the best offers from various exchanges.

Liquidity pool creation (collected on ICO)
One of the main reasons to collect additional funds during ICO is the ability to create a bigger project's own liquidity pool. This means that significant amount of cryptocurrency will be available as a bid and ask offers on STeX exchange from the very beginning, with fast execution, managed by STeX's proprietary market-making algorithms.

Market-makers
On top of that, STeX will be offering direct access through fast API protocols to those who wants to become market-maker on STeX exchange, allowing them to trade without any commissions and with some other benefits. For all such trades the commissions will be taken from a counterparty willing to buy or sell at the offered price

If any two coins are listed on STeX, you can trade one against the other directly

Built-in crosses support
Our special A2A decentralized technology gives STeX an ability to support hundreds of thousands cross rates simultaneously - the ability no other exchange has at the moment. And importantly, this means full featured support - including all variety of trading abilities like trailing stoploss orders, takeprofit orders, charts, and much more. All the features you will find on STeX will be available for cross-rates as well.

No more missed opportunities! Switch between any altcoins immediately and pick up all of the profits!




Decentralization
STeX's own Cloud cluster is physically hosted in many countries to prevent possibility of shutting down by physical or technological attack or failure.

Crypto-security
All STeX systems are encrypted and cannot be accessed without proper authorisation from STeX authorities. The project's main funds including user's funds are stored in cold wallets and cannot be accessed from the internet.

Speed
Superfast cloud processing core - internal trades are completed in a blink of an eye.

Horizontal scaling
Our A2A decentralized technology allows us to support hundreds of thousands cross rates simultaneously. This unique combination of understanding end-user needs and knowledge of how to build infrastructure capable of delivering services to millions of users, with sophisticated HTF market-making algorithms ensures that project will be successful and at the same time very hard to copy, if someone wishes to compete. Behind our system lie years of experience in trading on world's largest stock exchanges and years in developing trading algorithms for private hedge-funds and brokers.


 



You can choose who and what you want to be in the market:
 
1. User or Trader
Whether you want a simple coin-to-coin exchange or intraday trading, we will provide
planet-wide best rates for thousands of crosses and much better liquidity than ever before because of
sophisticated arbitrage algorithms and unique platform architecture. You will get access to all types of
orders, starting from stop-loss to conditional, based on technical indicators. You will be able to assess
with a click of a mouse what bid/ask spread you will get based on the size of your position. With the
new architecture it will become possible for all orders be routed in such a way to get the best fill price
among all other exchanges and with maximum possible speed.
 
2. New Financial Universe
Open your own hedge fund in just one click - or choose one to invest in. Scan the market for
successful traders and managers with your own criteria - or set your own rules to attract investors - in
fully secured and scum-protected platform.
 
3. Full magnitude of financial services
We are going to bring futures and options to the cryptocurrency trading. If you are far from financial
markets - it is a more professional and effective way of trading securities than direct-trade, because of
build-in leverage. With futures you can open a position in a coin - covering just a fraction of it as a
deposit - and still keep 100% of profits.
We have detailed, worked out solutions to most existing problems in exchanges, which indeed are
brilliant. In order to protect ourselves from competitors, we are going to disclose more details right on
the ICO eve.




Our idea is simple - and extremely complex at the same time. We clearly know how to become the
hub of liquidity and central crypto exchange. Our top priority tasks are filling orders with highest
possible speed at most attractive bid/ask prices and providing the convenience of all trading
instruments in demand. Our advantage is 20 years of successful practical experience in this field on
traditional stock, futures and options exchanges and technically perfectly skilled programmers team.
Knowledge and speed of implementation are our friends to keep competitors behind at a safe distance.
The time has come to bring the full force and scope of traditional financial market's instruments into
cryptocurrency niche such as:
  • Higher liquidity
  • Cross-rates
  • All possible types of orders such as stop loss and
    conditional ones based on technical indicators
  • Leverage
  • Investors and managers
  • Options
  • Futures
Out-of-the-box in one trading platform. And what’s more important, we’re giving freedom to everyone to gain from any role they want to pick in this new forming reality.




1. The ability to participate in the platform and receive 100 % dividends, monthly, paid in ETH
2. The best rates available, aggregating from all major exchanges
3. 10,000 cross rates between the top 100 coins of Q1 2018
4. Access to advanced order types and intuitive trade automation tools
5. The key problem of other exchanges is snail like speed and order routing delays. We have a
    ready to implement recipe to solve this problem.
6. We are moving at an extremely high speed. Our team is able to implement quite a complex
    project in the shortest possible time.
7. Trustless trading - our exchange managers have 0 access to your account
funds
8. Horizontal scaling. Our ready to use technology and platform architecture will easily handle any number of growing user base. With our previous successful KeyCaptcha project 40 million users, several billion database entries and over 100k of requests per second not at all problem for us.
9. Our technical team is perfectly capable to handle a 100x increase of trading volume and
    revenue. That means more monthly dividends for our investors.




1. We will distribute all 100% of collected commissions among our shareholders excluding expenses on a regular monthly or weekly basis.
2. For those who never sell their STE tokens you'll get 20% bonus from commission distribution as long as you keep holding originally distributed tokens. Tokens, bought after ICO on the open market, do not have this advantage. This means that 20% from net profits are distributed FIRST among those who never sell STE, then goes the rest 80% distribution among all STE token holders.
3. As long as more people sell their STE in the open market, the share of the original STE holders will grow significantly.




As a limited resource, the STE tokens represent an entitlement to a share of 100% of STeX’s net profit. A 20% bonus dividend is also paid out to long-term holders of STE who have never transferred their tokens, proving a buffer against market manipulation as well as adding some stability to the price. The founders will hold 30% of distributed tokens, thus aligning them with investors whom will have the opportunity to vote on corporate decisions and changes to the platform, weighted on STE ownership.

Additional STE token features include the following:
1) Founders and seed investors vesting period of 6 months after the ICO end date. (This means we as founders can't sell STE for 6 months - it will be hardcoded into the new smart contract)
2) Bounty participant vesting period for 3 months. Since we want to protect our token from free riders just looking for quick profits.
3) Functionality to be launched on forecasting platoforms like WINGS
4) Strategic partnership program to establish our international presence and STeX UP! referral program for effective marketing.
5) Possibility to be launched on platforms like KICKICO
6) Auction functionality for the coming ICO. All auctions will be made based exclusively on the new smart contract.





1. Fixed token supply of 100 000 000 STE (8 decimals) with no possibility of additional
emission. You can rest assured no extra tokens will ever appear in the circulation. We
deliberately excluded such a scenario. After ICO we will burn unsold tokens. This provision is
hardcoded in the DAO smart contract.
After the presale hit the hard cap on September 30, we have only 45 000 000 STE left for the coming ICO.
The initial ICO price: 1ETH = 500 STE

2. During the ICO the STE coin price is going rise gradually depending on the demand and supply. We have plans to sell STE through auctions which are going to be held each day.
Higher preference will get those who either buy larger amounts or make a higher bid price. This way we deem the demand will be met in a most fair way.

3. After ICO the founders receive a 30% stake in the company in the form of STE tokens.
After the tokens are allocated to the founders, all tokens that are not sold are destroyed, it is
calculated by the following formula: Tokens for Destruction = General Supply - Presell Sum –
ICO Amount - Founder's tokens. This is hardcoded in our token’s contract.

4. Our contract ensures the distribution of profits is made proportionally to the number of
tokens you hold relative to their total supply. So, if you own 12% of our tokens, then you will
receive 12% of the exchange profits.

5. STE transfer is going to be authorised after ICO ends. Though, we highly advise that you never sell STE, since you will loose 20% of dividends which are going to be distributed
first among those who never sold STE tokens. The more people sell STE, the more the share of those who never sell STE. This means that they get more and more dividends each
week/month. The rest 80% from dividends is distributed among other token holders. So wiser investors, in fact, would wish that everybody sell their STE. This way these wise
investors will get these initial 20% of dividends distributed first among themselves and their share is going to be comparatively large.






We expect to get hold of at least 5% of currency-exchange market in the first year of operations and
become one of 10 biggest cryptocurrency exchanges.
  • Current market daily trade volume on major exchanges: $1,000,000,000 -$4,000,000,000
  • Yearly volume growth: ~1,000%. Projected daily volume in one year: ~$10,000,000,000
  • 5% share of this market (our target): $500,000,000-$2,000,000,000
  • Our daily commissions based on industry average 0.2%: $1,000,000 - $4,000,000
  • Commissions to be distributed daily for each 1000 STE tokens based on calculations above: $10-$40. That amounts to $300-1,200 a month in just dividends.
  • Yearly commissions distribution for 1,000 STE tokens: $3,650-$14,600
    And you can get 1,000 tokens now for just 2 ETH which is equivalent of $600.
So, your expected (but not guaranteed) yearly ETH return can be 6 to 24 times of original contribution. Up to 73,000%.
And remember, we are just talking about internal potential value of the project itself, excluding opportunity to sell STE token at a much higher price in the open market because of high demand and expectations of further price rising.
Note: all numbers provided in USD for demonstration purposes only.








STeX Up! Sophisticated partner program


We link your Ethereum wallet to your partner referral id so that no payment is missed.
This provision is hardcoded in our Ethereum smart contract and we cannot change it after deployment. This ensures all partners get their 10% commission in about 15 minutes after transaction is confirm on Ethereum network.
Find out more at https://stex.exchange/stexup
 
 
STEX Smart Token Exchange Bounty Program STeX Award! https://stex.exchange/bounty
 
Total bounty budget is 1% of funds raised during ICO. No cap! You can choose the payment method either in ETH or STE. More details on the bounty is here https://bitcointalk.org/index.php?topic=2069043.0
 
1)   We have made a very special state-of-the art bounty program STeX Award! https://stex.exchange/bounty based on our AI core. Whenever a make a comment, post with your signature link, a video on YouTube with your link in the description, just copy the page address (url) and place this into the special form on our website https://stex.exchange/bounty along with your Ethereum wallet address. Both our artificial intelligence and manual moderation will place this URL into our database and at the end of the preSale and ICO calculate the size of the stake you earned by spreading the news about our unique project.
 
2)   We also suggest that you join our STeX Up! partner program https://stex.exchange/stexup and earn 10% on every investor you recommend. You just need to fill in your Ethereum wallet for payouts a get your personal referral link.
 
3)   And that’s not all. Choose to get paid either in ETH or our STE tokens. All referral payments are made during ICO automatically per your request by clicking the Withdraw button on our website. This is hardcoded in our Ethereum contract. This guarantees everybody gets paid in full. All bounty payments will be made right after the ICO as we already did after the successful presale, hitting 15 000 ETH hard cap.



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robinhande
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November 27, 2017, 06:53:35 PM
 #2

looks like promising. There are so much features in this program. Anyway, any airdrop or bounty dev? looking forward for it.
tool_462
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November 27, 2017, 07:05:14 PM
 #3

excellent fees from the project, from November 24 already 3400 ether !! and the pre-release is an excellent result! keep it up!

Foundico.com
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November 27, 2017, 07:21:59 PM
 #4

Nice project! Welcome to our website. We are the most informative ICO list, it helps you with funding. Good luck, guys Wink
bigcash2011
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November 27, 2017, 07:33:08 PM
 #5

Im supporting this project from the days of presale and still doing but seriously i do not like the drama that occured recently, I hope the project will be back on track now as i stopped following it in telegram channel, with is thread i hope stex will move forward from now on.

Seung
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November 28, 2017, 06:42:03 AM
 #6

Korea STeX Investor Group

STeX 공식 홈페이지 https://stex.exchange
STeX 공식 텔레그램 https://t.me/stex_official

한국인 STeX 투자자 텔레그램 https://t.me/STeXKorea
한국인 STeX 투자자 공지채널 https://t.me/STeXKORNOTICE
한국인 STeX 투자자 카페 https[Suspicious link removed]xchangekor
Meandros555
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November 29, 2017, 08:23:31 AM
 #7

Are you planning for an airdrop campaign in the future?
cheers
guillzini
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November 30, 2017, 09:11:20 AM
 #8

Found this new thread today! Good to see the project is picking up in the right direction again.
I'm a PreSale investor and I'm following the ICO closely.

Good luck, team!
itasannah
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November 30, 2017, 03:03:00 PM
 #9

Looking to the previous ICO selling is tremendous.
That is a sign that this project is accepted by the peoples.
I hope the current and the next iCO on January will also a big success.
retampan
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December 01, 2017, 12:54:51 AM
 #10

Quote
ICO STAGE 1 is open till December 10, 2018
Seems you have little bit mistype here, it took so long for an ICO STAGE.
Quote
Our contract ensures the distribution of profits is made proportionally to the number of
tokens you hold relative to their total supply. So, if you own 12% of our tokens, then you will
receive 12% of the exchange profits.
I didn't quite understand, so, for example, there is 100k supply for this tokens and I have 12k. Am I got to exchange my 12% tokens to get profit? Or I can just claim the exchange profits and keep the tokens?
LEXITco
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December 01, 2017, 01:06:16 AM
 #11

100% commission eh? That's awesome! Congrats on reaching the cap as well, but one question:
why is your ICO period so long?
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December 01, 2017, 01:26:34 AM
 #12

100% commission eh? That's awesome! Congrats on reaching the cap as well, but one question:
why is your ICO period so long?
It was an error(corrected now), ICO stage 1 goes till December 10, 2017
Only 10 days left!

When does the ICO end completely? Is there a target date or goal that is trying to be raised? What is the money being raised for?

hadang
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December 01, 2017, 02:24:37 AM
 #13

Stex exchange is a limited resource and so how much is it limited? And this is the best advantage of Stex exchange?
seriin
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December 01, 2017, 02:58:01 AM
 #14

I hope that the team of this project will be able to make a quick and easy for every user on STeX to contribute and profit from the already installed market-making algorithm.

Respect bitcointalk Form moderators and Forum Rules.
Do not spoil others Reputation.
YGung
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December 01, 2017, 04:11:32 AM
 #15

@Ivan[Stex] Thanks for creating this thread, surprised you didn't make it self moderated, but this is a step in the right direction regardless.

since there are now two coins now (currently with the same exact ticker), you should consider putting something like the contract address of the coin that you represent in the OP for the sake of clarification.  I personally have no clue which contract address represents the coin to this thread, and I can say from experience that I'm not the only person confused about this.

Also, you may want to consider making a statement on the split.  You can take the high road, but as long as your ANN title is pretty much the same as the other thread, and the former team member attacks your credibility, you will face many questions regarding the break up...To be honest, you're probably going to get a good amount of questions regarding the split regardless, but I think you can save yourself a good amount of questions by making an official statement on the situation.  The more thorough you are in that process, the less questions you will have to answer down the line as you will be able to revert anyone that asks questions to that post.

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yuvadeep
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December 01, 2017, 06:20:10 AM
 #16

When will the bounty thread be updated?

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Dalryn
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December 01, 2017, 06:23:34 AM
 #17

Do you offer bounty for translation the whitepaper?
kyanscadiel
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December 01, 2017, 12:29:44 PM
 #18

I'd like the idea of this 12% owned token will also recieve the same percentage of the exchange profit. But with idea do you think you can also gain profit from this?

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December 01, 2017, 07:02:52 PM
 #19

YGung is right. I'm not sure what address is for the coin associated with this thread. That should be clarified to stop confusion.

Do you offer bounty for translation the whitepaper?

Check the OP for a list of other languages. I don't think they're looking for other languages, but you can try Smiley
Mysterious01
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December 01, 2017, 10:18:09 PM
 #20

How many stage is your ICO compose of?
Because I saw that stage 1 will be finished this coming December 10.
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