Forewords
This document describes the project of a decentralized Tawagar cryptocurrency exchange. It’s a trading platform of a new generation with the key idea of combining the best innovative solutions for modern cryptocurrency exchanges which will become the drivers for the whole cryptocurrency world in the near future. After the successful implementation Tawagar has the potential to transform from a highly efficient crypto exchange to a global financial ecosystem that can effectively «live» in two worlds – the traditional and digital, gradually erasing the line between them. Tawagar functionality based on the most modern blockchain platform Tawagar 1.0 By the first time Tawagar will use the ready-made engine of the Tawagar exchange. The second stage of the project development is connected with the creation of its own engine for Tawagar on the 1.0 platform with its own nodes and a global cryptocurrency (token) similar to TWG.
WHAT IS TAWAGAR
Tawagars is a technology supported by next generation entrepreneurs, investors, and developers with a common interest in finding free market solutions by leveraging the power of globally decentralized consensus and decision making. Consensus technology has the power to do for economics what the internet has done for information. It can harness the combined power of all humanity to coordinate the discovery and aggregation of real-time knowledge, previously unobtainable. This knowledge can be used to more effectively coordinate the allocation of resources toward their most productive and valuable use. Bitcoin is the first fully autonomous system to utilize distributed consensus technology to create a more efficient and reliable global payment network. The core innovation of Bitcoin is the Blockchain, a cryptographically secured public ledger of all accounts on the Bitcoin network that facilitates the transfer of value from one individual directly to another. For the first time in history, financial transactions over the internet no longer require a middle man to act as a trustworthy, confidential fiduciary. Tawagar looks to extend the innovation of the blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or DACs) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts. The advent of DACs ushers in a new paradigm in organizational structure in which companies can run without any human management and under the control of an incorruptible set of business rules. These rules are encoded in publicly auditable open source software distributed across the computers of the company’s shareholders, that effortlessly secure the company from arbitrary control. Tawagar does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.
CONSENSUS TECHNOLOGY
Consensus is the mechanism by which organizations of people decide upon unitary rational action. While not considered technology in the traditional since, consensus “technology” is the basis of democratic governance and the coordination of free market activity first coined by Adam Smith as the “Invisible Hand.” The process of consensus decision-making allows for all participants to consent upon a resolution of action even if not the favored course of action for each individual participant. Bitcoin was the first system to integrate a fully decentralized consensus method with the modern technology of the internet and peer-to-peer networks in order to more efficiently facilitate the transfer of value through electronic communication. The proof-of-work structure that secures and maintains the Bitcoin network is one manner of organizing individuals who do not necessarily trust one another to act in the best interest of all participants of the network. The Tawagar ecosystem employs Delegated Proof of Stake in order to find efficient solutions to distributed consensus decision making
DISTRIBUTED AUTONOMOUS COMPANIES
Distributed Autonomous Companies (DAC) run without any human involvement under the control of an incorruptible set of business rules. (That’s why they must be distributed and autonomous.) These rules are implemented as publicly auditable open source software distributed across the computers of their stakeholders. You become a stakeholder by buying “stock” in the company or being paid in that stock to provide services for the company. This stock may entitle you to a share of its “profits”, participation in its growth, and/or a say in how it is run.
COMMUNITY
The Tawagar community is a global network of people who all share the same goal of creating and participating in various Distributed Autonomous Companies. The community mainly revolves around the Tawagar Team and third parties who use 1.0 (the toolkit that makes Tawagar possible) to create their own Distributed Autonomous Companies. The main discussions in the Tawagar community takes place openly at Tawagar.exchange
Tawagar - the basic functionality of TWG.
Tawagar 1.0 is a high-tech, decentralized, blockchain based platform which allows to create highly efficient financial "smart contracts" for all areas of economic activity that are used in global Internet space to provide services.
The Tawagar 1.0 platform gives users a variety of undeniable advantages:
• Decentralization;
• High performance - up to 500,000 transactions per second;
• Cryptocurrencies trading with a stable price (Tawagar / SmartCoin);
• Dynamic Account Permissions (for corporate environment);
• Recurring & Scheduled Payments - periodic and planned payments;
• Referral rewards program;
• User-Issued Assets (UIA) – an assets created by the platform participants;
• Transferable Named Accounts – natural account names;
• Delegated Proof-of-Stake Consensus (DPOS) - Delegated Proof of Participation
The TAWAGAR main description and functional.
The TAWAGAR.0 platform allows to implement the following main functional of the Tawagar
Exchange:
• Creation of a secure cryptowallet which allows to transfer funds with a minimum commission for all
counterparties;
• Buy and sell cryptocurrencies and tokens; 9
• Create your own crypto assets and trade them;
• Make investments by buying tokens from prospective companies and participating in the
distribution of expected profit;
• Create an ICO mechanism (primary coin/token placement)
; • Ensure the highest security and reliability of all transactions in the blockchain network through the
DPOS algorithm;
• Create accounts with escrow;
• Use special gateways (Gates) as mechanisms for transferring funds between different trading
platforms and payment systems for fiat funds input/output.
Tawagar advantages
• A platform for safe ICO conduct in conjunction with the decentralized escrow toolkit from
descrow.org.TAWAGARwill be used as a platform for prospective project’s ICO, our specialists will
carry out full project analysis, help them to receive funding from a permanent pool of private
investors and further conduct pre-sale and large-scale ICO. TAWAGAR tokens investors will receive a
share of revenues from all ICOs;
• A platform for creating a decentralized transparent blockchain system for cryptofund managed by
TAWAGAR professional traders and issuing an appropriate stock token with automatic placement on
both all TWG-Exchanges and leading centralized cryptocurrency Exchanges;
• Cryptocurrency debit cards linked to users' wallets on TAWAGAR and integration into fiat gateways,
allowing to convert cryptocurrency into fiat when paid by card in outlets;
• API for the integration of third-party applications and services with the TAWAGAR platform;
• Creation of the own agent network of crypto ATMs for the purchase and sale of cryptocurrency for
fiat money with the ability to work with bank cards.
Road Map
May 10th, 2018
MVP launch and TAWAGAR testing on the Tawagar base engine
The main ecosystem token TAWAGAR.CORE ICO launch the first project in our ecosystem
June 7th, 2018
Legal entity registration for Tawagar in Singapore
Now 29th, 2018
Ico Start
Dec 11th, 2018
Branded cryptocurrency Market DEBİT PAYMENT CARD instalation launch in Denmark,
Turkey, Sweden, England, Belguim, Italy, Malta ,Netherlands, Cyprus, Greece, Italy,
Portugal, Brazil, Bulgaria
Dec 29th, 2018
ICO FINISH
Feb 1th,2019
TAWAGAR becomes a decentralized ecosystem including TWG encryption, ICO platform,
decentralized deposit, Market Debt Payment Card.
Feb 5th, 2019
Coinmarketcap ta to be listed
Feb 17th, 2019
Bitfinex, Kraken, ShapeShift, Poloniex to be listed in stock exchanges
The primary Tawagar.CORE tokens share will be the following:
Total Supply: 60 000 000
Reserved for presale & ICO participants : %75 (45 000 000)
Rederved for Devolepers Team : %15 (9 000 000)
Reserved for Advisors : %7(4 200 000)
Reserved for Bounty & PR : %3(1 800 000)
1TWG : 0.05$
Min : 20TWGLink : http://tawagar.exchange/
Whitepaper : http://tawagar.exchange/Whitepaper.pdf
Telegram Group: https://t.me/tawagarexchange
Ceo Linkedin : https://www.linkedin.com/in/james-monstag-96340a171/
