[50X] [A2A] 50x.com: World's First 'Any to Any' Crypto Trading Platform

[njords]

Nothing is set in stone yet. The vote is still ongoing. 

[1715013896]

1715013896

[jetx]

fingers crossed then. i was really looking forward to participating in this ICO. even with 2.5 ETH per 1000 STE, that's still a good price to get in on if this exchange does well, and all the signs says it will. oh, the FOMO. :/

[njords]

It's certainly possible. They may even set up an STE shop after the ICO. Meaning it won't really be an ICO scenario, but once the platform has launched, you might be able to purchase STE tokens directly from the exchange still. Right now they are voting for whether to just skip the ICO Stage 2. I'm reading up on this as we speak.

[jetx]

It's certainly possible. They may even set up an STE shop after the ICO. Meaning it won't really be an ICO scenario, but once the platform has launched, you might be able to purchase STE tokens directly from the exchange still. Right now they are voting for whether to just skip the ICO Stage 2. I'm reading up on this as we speak.

thank you. please post here or in PM once there is more information on this. i want a piece of the dividends of this exchange. the FOMO is strong with this one.

[bartwon]

Is STE token and A2A token the same?

[njords]

Is STE token and A2A token the same?

No. STE is a security token - A2A is a utility token.

From the Whitepaper page 20.

A2A Technology
Our A2A decentralized technology allows us to support thousands of
cross rates simultaneously with efficient resource usage. We process all
cross-rates in A2A Cloud, with virtually unlimited ability of horizontal
scaling.

Imagine an orchestra with a conductor. Each instrument is a separate
coin server, playing its own part in the symphony.

The core (conductor) makes them all work together perfectly
synchronized. If the core is down, this role is transferred to a spare
conductor waiting nearby, or even to one of the musicians.

If some musician it not fast enough to play all the tunes in time, we
can add another with the same instrument so that they could share the
task. Each task is totally independent and can be performed on a
separate server. Or, if need be, on hundreds of such servers. And all that
is automated in the STeX Cloud.

A2A tokens are used as an intermediary to evaluate every listed coin
and create a matching pair of orders in the system's core

A2A Tokens
A2A tokens are used as an intermediary in every trade on STeX using A2A
technology. The problem is that while working with hundreds of different assets,
you need a measurement system to evaluate all the tokens in order to create
cross-rates, calculate commissions, do all the internal accounting. So, we used an
additional token for that purpose. It was designed with self-balancing supply
capabilities ruled by the smart contract on the Ethereum network and internal
market making pool in other currencies on STeX platform.

Furthermore, we have a promotional system to attract users and make their
trading activities more profitable (especially, for active traders who may suffer
from turnaround commissions).

By mixing these two concepts together, we have created a STeX utility token
named A2A after the technology Any2Any we invented and used to create 10,000
sross-rates.

The additional utility function of this token is to provide an easy to account tier
system for commission discount for all users on the STeX exchange. There are no
passive income opportunities, no profit sharing in the A2A token, and, at the same
time, it should be very attractive for the users to buy, use and hold in order to get
extra discounts and unlock the professional features on STeX which will be
available only for professional traders with a sufficient amount of commissions
paid to the system.

The A2A tokens supply is limited by 500,000,000 A2A tokens. However, all
undistributed tokens will be burned after the end of the A2A ICO. There is no soft
cap, as the project has all the funds required for completion and almost any
amount of the A2A tokens in the circulation is good for the system beause of the
sefl-balancing feature.

The A2A token has 8 decimals.A2A token that will give users an opportunity to reduce their trading fees by up
to 50% through paying commissions with it, and will increase user's discount
based on the amount of the commissions paid to the system and on the amount
of time that you hold the token on your account. As a proof of concept, you can
look at BNB Binance token which has a similar structure and purpose.
To match cryptocurrency market growth and provide additional long-term
stability to the token, we also have a mechanism that balances the prices of the
A2A token.

From every commission paid to STeX, 70% of A2A are sold on the open market at
current prices and become STeX's income. The remaining 30% are immediately
transferred to the smart-contract known as A2A SHOP to be sold from that
contract at the all-time high price, 0.1% higher than previouse sale from the
contract. The funds from the sales of A2A tokens via the smart contract are
accounted for as STeX income. It is almost as effective a price balancing system
as a buy-and-burn option, but instead of the project's profits in BNB token (which
can be unstable, as the exchange may have expences exceeding collected
commissions) it is linked to the total trading amount on the STeX platform
without the necessity of burning.

When the price of A2A goes down (and it will at some point, as it is a free
market), the circulation supply will be temporarily reduced every day by the 30%
from daily commissions paid to the exchange. Lower A2A prices will result in
bigger absolute amounts of A2A transferred to the smart contract. In an extreme
case, the demand for A2A, needed to be bought to process the ongoing
transactions, can exceed the total circulation supply and the price will
immediately rise to the level of the current sale price in the A2A SHOP. This
system gives us an assurance that any A2A dump will be simply a perfect trading
opportunity, and the token itself might become a very attractive trading
instrument.

[jetx]

apparently STE tokens will be sold once the exchange launches. i hope i understood that correctly. fingers crossed!

so okay.

STE = security token
A2A = utility token

utility in what way? why should we care about buying A2A at all? they don't have anything to do with the dividend distribution on the exchange platform, right? only STE hodlers receive dividend distribution.

[bartwon]

Thank you for that. But it's as jet says, what's the point of shopping a2a if there are no dividends to pick up from it?

[njords]

Thank you for that. But it's as jet says, what's the point of shopping a2a if there are no dividends to pick up from it?

A2A Token holders' benefits

A2A token holders can get a discount of up to 50% if they pay fees on the STeX platform in A2A tokens from their internal A2A balance. In the first year of operations all users will get a 50% discount regardless of the conditions, and in the following years such unconditional discount will be as follows:

Default discount for all users | Maximum Discount
Year 1 | 50% | 50%
Year 2 | 35% | 50%
Year 3 | 25% | 50%
Year 4 | 20% | 50%
Year 5 and over | 10% | 50%

Unlike some similar tokens (BNB, for example) A2A tokens will never lose all their discount potential and will stay attractive for the users. The maximum 50% discount will always be available for the users meeting special conditions to unlock higher discount rates, like the amount and time of the A2A tokens being held, the amount of daily and/or monthly commissions paid, etc.

Additionally, STeX EXCHANGE expects the A2A token to be seen as an attractive short- and long-term trading asset, which will increase the demand as well.

[bartwon]

Thanks. Is there any minimum amount in incoming a2a ico?

[njords]

You mean minimum amount of A2A you have to purchase in the upcoming ICO? Or minimum amount they need to sell?

[jetx]

Thanks. Is there any minimum amount in incoming a2a ico?

my guess is you mean what is the minimum amount of ETH you must buy for in ICO. 0.1 ETH.

[bartwon]

It is what I meant yes. Thanks.

[Jaya912]

To be honest, I've never heard of such exchanges, only now, after your message, I'll probably go and study this project. Today, after all, there are not a few exchanges, although most of them are not decentralized, but still they fulfill their function, although very expensive commissions

Comission is our enemy which need to reduce. I know we can not delete this fee but at least we reduce it.
In choosing exchange, we need to look any other fuction but the first one is fee

[njords]

To be honest, I've never heard of such exchanges, only now, after your message, I'll probably go and study this project. Today, after all, there are not a few exchanges, although most of them are not decentralized, but still they fulfill their function, although very expensive commissions

Comission is our enemy which need to reduce. I know we can not delete this fee but at least we reduce it.
In choosing exchange, we need to look any other fuction but the first one is fee

STeX EXCHANGE aims to be very competitive in this regard.

From Whitepaper page 14:

- Lowest possible bid/ask spreads in the industry
- Bid/ask size automatic calculation
- Stop/limit/conditional orders
- Best prices available across other exchanges

[njords]

It is what I meant yes. Thanks.

Right. 0.1 ETH is the minimum. The rules, conditions and duration of each of the ICO Stages will be described at https://stex.exchange/ico
before the beginning of the each stage. All Ethereum transactions in the amount less than 0.1 ETH will be rejected by their smart-contract.

Consider signing up for the mailing list at https://stex.exchange for instant email updates on the latest happenings.

[jetx]

are there any safety precautions if A2A were to go down in value?

[jetx]

I discovered early (and invested in) STeX Exchange [STE] due to the features and their ability to scale, but the alpha release is not ready until Q1 2018.

For those not up to speed on this exchange, here is a quick intro:

The STeX EXCHANGE [STE] is bringing the full force/scope of traditional financial market instruments to crypto: Liquidity, Cross-rates, Futures, Leverage, Options, Investors and Managers, Out-of-the-box, all in one trading platform. Trade over 10,000 coin cross rates. 100% dividend distribution among STE token holders. With their 100% horizontal scaling system the STeX EXCHANGE can serve virtually ANY number of users.

STeX Terminal and A2A Technology explanation video:
https://www.youtube.com/watch?v=A9O4jQlpiFs

Whitepaper ➠ Team ➠ STE Token Price Calculator ➠ STE Evaluation Paper ➠ STeX Technology ➠ Telegram channel

ICO STAGE II: March 2018. 2.5 ETH = 1000 STE

Site: https://stex.exchange

Futures..........: Yes
Margin Trading: Yes
Derivative......: Yes
Hedge Funds...: Yes
Trading Pairs..: >10000
Liquidity.........: Highest possible

Compare STeX Exchange with KYBER NETWORK, BINANCE, ETHERDELTA, BITSQUARE, QVOLTA, SPECTRE, EIDOO, BITTREX, BITFINEX, OKCOIN, BITSTAMP, COINBASE and KRAKEN in the Whitepaper - Page 15 > 5.2 Comparison with STeX.

Pros:
- Lowest possible bid/ask spreads in the industry
- Bid/ask size automatic calculation
- Stop/limit/conditional orders
- Best prices available across other exchanges
- 100% dividend distribution (paid in ETH)

Cons:
- Restricts US and Hong Kong citizens because of SEC and SFC regulation

Are there any other exchanges already available - or upcoming - with features and dividend distribution on par with the STeX Exchange ?

maybe make it clear that the ICO is actually for A2A and not STE. only with STE will you get dividend distributions. not with A2A.

[njords]

are there any safety precautions if A2A were to go down in value?

Yes.

From Whitepaper page 21:

When the price of A2A goes down (and it will at some point, as it is a free
market), the circulation supply will be temporarily reduced every day by the 30%
from daily commissions paid to the exchange. Lower A2A prices will result in
bigger absolute amounts of A2A transferred to the smart contract. In an extreme
case, the demand for A2A, needed to be bought to process the ongoing
transactions, can exceed the total circulation supply and the price will
immediately rise to the level of the current sale price in the A2A SHOP. This
system gives us an assurance that any A2A dump will be simply a perfect trading
opportunity, and the token itself might become a very attractive trading
instrument.

[njords]

I discovered early (and invested in) STeX Exchange [STE] due to the features and their ability to scale, but the alpha release is not ready until Q1 2018.

For those not up to speed on this exchange, here is a quick intro:

The STeX EXCHANGE [STE] is bringing the full force/scope of traditional financial market instruments to crypto: Liquidity, Cross-rates, Futures, Leverage, Options, Investors and Managers, Out-of-the-box, all in one trading platform. Trade over 10,000 coin cross rates. 100% dividend distribution among STE token holders. With their 100% horizontal scaling system the STeX EXCHANGE can serve virtually ANY number of users.

STeX Terminal and A2A Technology explanation video:
https://www.youtube.com/watch?v=A9O4jQlpiFs

Whitepaper ➠ Team ➠ STE Token Price Calculator ➠ STE Evaluation Paper ➠ STeX Technology ➠ Telegram channel

ICO STAGE II: March 2018. 2.5 ETH = 1000 STE

Site: https://stex.exchange

Futures..........: Yes
Margin Trading: Yes
Derivative......: Yes
Hedge Funds...: Yes
Trading Pairs..: >10000
Liquidity.........: Highest possible

Compare STeX Exchange with KYBER NETWORK, BINANCE, ETHERDELTA, BITSQUARE, QVOLTA, SPECTRE, EIDOO, BITTREX, BITFINEX, OKCOIN, BITSTAMP, COINBASE and KRAKEN in the Whitepaper - Page 15 > 5.2 Comparison with STeX.

Pros:
- Lowest possible bid/ask spreads in the industry
- Bid/ask size automatic calculation
- Stop/limit/conditional orders
- Best prices available across other exchanges
- 100% dividend distribution (paid in ETH)

Cons:
- Restricts US and Hong Kong citizens because of SEC and SFC regulation

Are there any other exchanges already available - or upcoming - with features and dividend distribution on par with the STeX Exchange ?

maybe make it clear that the ICO is actually for A2A and not STE. only with STE will you get dividend distributions. not with A2A.

The voting is still going on. Once the voting is over we will know if there will be a Stage 2 ICO for STE or not.