[ANN] MKT MARKET Protocol

[Artdealer]

MARKET Protocol (“MARKET”) provides an opportunity for crypto holders to gain exposure to both real-world and digital assets through derivatives using crypto-based assets as collateral on the Ethereum blockchain.

As an open source protocol governed by its participants, MARKET does not levy any fees or extract value from the system. The protocol provides the interoperability necessary for order routing and other trading activities on the blockchain. By utilizing a shared collateral pool, MARKET introduces a systemically responsible alternative to traditional leverage.

Third party projects can build decentralized applications or “dApps” on top of the protocol, giving the non-technical Trader the ability to easily interact with the underlying blockchain technology. The internal team is preparing to release the first dApp for public beta that allows users to create MARKET contracts and explore previously deployed contracts.

MARKET will provide exposure for Traders to other cross-chain crypto assets without having to manage multiple exchanges or take custody of a separate asset. This means Traders can have similar price exposure to owning a cryptocurrency like Monero or stock like Apple without ever transacting in the asset. Traders will be able to gain long and short exposure to any asset, provided there is sufficient liquidity.


https://www.marketprotocol.io/

Communicate with the team on Telegram

https://t.me/Market_Protocol_Chat

Keep up with progress and events on Twitter and Medium

https://twitter.com/MarketProtocol

https://medium.com/market-protocol

Github

https://github.com/MARKETProtocol/MarketProtocol

Newsletter sign up

https://www.marketprotocol.io/#newsletter

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[1715166456]

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[MARKET Protocol]

Let us know if you have any questions or interests in MARKET Protocol,  looking forward to interacting with the BCT community!

[RickyCardero]

will you have bounty social network program?
or i can get your tokens, only with investment?

[AmoreJaz]

IMHO= there is always a large field to play when a market opens, and this could actually be successful if it is maintained properly!
the devs have a HUGE job in-front of them , so lets hope they step up to the challenge they themselves are proposing
good luck guys!

[MARKET Protocol]

IMHO= there is always a large field to play when a market opens, and this could actually be successful if it is maintained properly!
the devs have a HUGE job in-front of them , so lets hope they step up to the challenge they themselves are proposing
good luck guys!

Thanks for the support AmoreJaz

[Krezz2017]

I'm interested in what the coin represents. What is its innovativeness? Speed and cost of transactions?

[MARKET Protocol]

will you have bounty social network program?
or i can get your tokens, only with investment?

We are still considering our options for the MKT token. Join our newsletter and our telegram  to stay up to date

[MARKET Protocol]

I'm interested in what the coin represents. What is its innovativeness? Speed and cost of transactions?

Good question ty,

MKT will be the base token of the MARKET ecosystem and benefits from integration into all facets of MARKET. Peer-to-peer trading is free on MARKET and no fees are native to the protocol. Nodes providing order book hosting and management will have the option to set and collect transaction fees for offering this service. Orders submitted without the required transaction fee may be rejected by the node. These transaction fees will be collected by the nodes in MKT.

 MKT holders will also have a vote in protocol improvements and development. This ensures both users and projects using  MARKET Protocol have a voice in the protocol’s future.

 Token Use
1.Contract Access: ​Initially, participants are required to post 25 MKT tokens along withthe appropriate base token (for collateral) to trade each user-defined contract. MKTposted in this way is returned to the user when they stop trading a specific contractor upon expiration.

2.Transaction fees:​ Nodes provide a service to users of MARKET Protocol and inexchange for this service, may charge a transaction fee denominated in MKT. Eachnode sets its own fee for the service.. Nodes are expected to differentiatethemselves on the fees and services provided giving users many choices forexecution.

3.Settlement: ​For accuracy and autonomy, most contracts will automatically settle topublicly accessible oracle solutions. In the event of a settlement disagreement, or adisrupted settlement process, MARKET intends to a employ number of solutionsincluding,  backup oracles or a crowd sourced resolution pulled from the pool ofMKT holders.

4.Contract Creation:​ Initially, users will be required to hold a minimum of 500 MKT tocreate a new trading contract. The purpose of this arbitrary holding is to encouragethoughtful contract creation.

5.Protocol Decisions:​ We expect MKT token holders to vote on protocol decisions anddevelopment. This will include things like number of MKT tokens required forcontract access or creation as indicated above. The more MKT an account holds; themore influence it will have. At the onset, decision making will be more centralized.MKT holders represent the whole ecosystem, traders, nodes and speculators andeach has a voice in protocol direction. Over time, our goal is to move towards a morecommunity-based decision model.Draft document. For informational purposes only. Does not constitute an offer or solicitation to sell shares or securities of any company. 14

[MARKET Protocol]

https://twitter.com/MarketProtocol/status/970407998081257472

Phil Elsasser (CTO) and Seth Rubin (CEO) making there way to #vietnam for #blockchain week. 

[MARKET Protocol]

https://www.reddit.com/r/MarketProtocol/comments/824bes/expanding_the_world_of_products_available_on/

One issue with the existing decentralized exchange (dex) ecosystem is the limited offerings that are available to participants. Confined to the ERC20 world, traders must transition to a centralized service if they would like to gain access to cross chain assets (ETH/BTC for example). Additionally, there is no path for anyone to gain exposure from crypto to real world assets, like AAPL/USDT, even from a centralized service. Most often, traders are looking to gain price exposure to an asset, and often do not care about actually taking custody of that asset. Said another way, if a trader thinks bitcoin will rise in value and wants to make a profit, they don’t actually need or perhaps even want to hold bitcoin, rather just make money from its price appreciation.

MARKET Protocol allows dex’s to extend their product offerings to both of these asset types. By using an oracle solution to create a derivative contract we can allow for a diverse universe of products all tradeable with ERC20 tokens as collateral in a decentralized fashion. Imagine going on to your favorite dex, and seeing pairs like ETH/BTC or ETH/Monero and being able to easily trade these products. Additionally, contracts can now be created to gain exposure to real world assets, trading AMZN/DAI (a stable coin) now becomes a reality while never leaving the Ethereum blockchain.

[John Nathan]

What is your ultimate goal? You can say more specifically

[MARKET Protocol]

What is your ultimate goal? You can say more specifically

Ultimate goal of MARKET is to provide the traders with a set of tools to enable them with risk management and price discovery solutions, with huge flexibility and no need for third-party custodian or clearing house or borrowing the underlying asset to get the price exposure

[Artdealer]

Expanding the world of products available on decentralized exchanges
One issue with the existing decentralized exchange (dex) ecosystem is the limited offerings that are available to participants. Confined to the ERC20 world, traders must transition to a centralized service if they would like to gain access to cross chain assets (ETH/BTC for example). Additionally, there is no path for anyone to gain exposure from crypto to real world assets, like AAPL/USDT, even from a centralized service. Usually, traders are looking to gain price exposure to an asset and do not care about actually taking custody of that asset. For instance, if a trader thinks bitcoin will rise in value and wants to make a profit, they don’t actually need or perhaps even want to hold bitcoin, rather just earn profit from its price appreciation.

MARKET Protocol allows dex’s to extend their product offerings to both of these asset types. By using an oracle solution to create a derivative contract, we can allow for a diverse universe of products all tradeable with ERC20 tokens as collateral in a decentralized fashion. Imagine going on to your favorite dex, and seeing pairs like ETH/BTC or ETH/Monero and being able to easily trade these products. Additionally, contracts can now be created to gain exposure to real world assets, trading AMZN/DAI (a stable coin) now becomes a reality while never leaving the Ethereum blockchain.

https://medium.com/market-protocol

[MARKET Protocol]

No one from the MARKET Protocol team will ask you for private information or ever do financial transactions on Bitcoin talk,  be safe everyone

[PacSharedMasternodes.com]

reserved

[Namixi]

One project is expected to come online, hopefully the project will come into operation

[Calibee]

I like your project, Can you give me a Vietnamese translation

[Artdealer]

I like your project, Can you give me a Vietnamese translation

Yes working on that,  ty

[moskovskiy89]

i hope that we can give us more update for this project,thanks  hope will run well

[laza89laza]

One project is expected to come online, hopefully the project will come into operation

We are currently in the process of developing our first dApp beta, join our Telegram channel to stay up to date - https://t.me/Market_Protocol_Chat