Here is the summary of the AMA
:
Ask my anything #01
About the BCIO token
– What is the token used for ?
Enable holders to benefit from discount on all platform fees (trading, lending, token lstin, ICO
execution, etc)
In addition, token holders will be able to influence the platform roadmap through polls and surveys
(additional features and functionalities, token listing, buyback program, etc)
Finally, we will maintain a vibrant community with regular rewards and we will always be more
generous with our token holders.
– Where can I get BCIO after the ICO ?
As the token will be distributed directly on Blockchain.io account anyone claiming to have BCIO
tokens outside the exchange is fraudulent.
Later, when the ERC20 contract deployment is enbaled you will be able to transfer them.
We are in close relationships with main wallet providers to ensure only our official BCIO token is
listed on their wallet.
– Do you concider migrating BCIO to another blockchain ?
For now it is an ERC20 token but we carefully monitor new protocols in case it turn out to be better.
– Any interaction with the decentralized settlement feature ?
For now we have not formalized the business model of this feature but it might require to hold
BCIO in order to use this feature. Keep in mind this is just one option, we might choose another
business model.
– What is the future of BCIO token ?
For now the token is a utility token so you are in fact buying future turnover at a discount. As
mentioned earlier we want to become a security token and distribute dividends as soon as we get the
MTF license in the EU.
About Blockchain.io Exchange
– Do you have any partnerships ?
We have partnerships with multiple actors such as : Investment banking, communication,
decentralized protocols, engineering, R&D, market maker ( with profesional traders)
– When can I use the decentralized settlement features ?
This features is planed for Q2 2019
– When margin trading and peer-to-peer lending will be available ?
It's planned for 2019
– How do you plan to bring liquidity to the margin trading ?
By using specific orderbook based on lending interest rates we will fuel the margin trading of other
pairs
– Can you tell me more about the decentralized settlement ?
The trade are executed cross chain using atomic swap. You will only need to choose the
decentralized settlement option when making you trade.
– Where does the liquidity of the decentralized settlement come from ?
When you choose this option your order is matched against the centralized order book so there
won't be any liquidity problem.
– API will be available ?
Sure, you can expect a rest API on launch, FIX API and websockets will be available later.
About Regulation :
– What do you hope from regulation ?
We are great supporters of the regulation initiatives of the AMF (that we meet regulary) and the
government (French). Appropriate regulations will attract the intstitutional investments onto the
ecosystem. Our ICO services will target institutions and large corporations.
– Do you have a partnership with French government ?
We have a close relationship with M. Pierre Person, government deputy. We participated in the last
Blockchain Forum about regulation and are in the shortlist of French companies that will obtain an
official licence from AMF.
– What about global regulation ?
Our goal is to become a trusted trading hub in Europe and beyong, this why the bigger plan is to
apply for an MTF licence and be able to trade securities in Europe.
About the Exchange market:
– What are your advantages against the major exchange ?
First, Paymium is the only marketplace in France. Blockchain.io have definitely more competitors
globally but will adopt a compliant & regulation-ready stance that we believe, will drive
investments from institutions and traditional finance.
– But what about competition from established exchange ?
The main differentiator is the fact that we will have a proprietary token which will act as a strong
marketing incentive to create a meaningful user base.
– Is Blockchain.io open to all customers ?
Yes, except if your country is in the blacklist of Europe. Our goal is to ensure the market share in
the EU, once complete we will focus on Global market.
About token listing:
– Do you already have ICO to be listed on Blockchain.io ?
We have received a number of listing requests already and should start listing third party ERC20
tokens in december. We are aslo connected to ICO consulting firms that have a steady deal flow of
good ICO projects.
– What kind of token assets will be listed ?
Different classes of assets will be listed on our platform as we are buidling the Internet of Value.
