[ICO ENDED] Jarvis Network - bridge legacy and digital finance

[pynetx]

What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Alright, thanks for the clarification. So, will you use the same contract address as used for the JRT or there will be a new contract?

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[bittraffic]

What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Kind of a decentralize exchange as well. It would be fun if there will be volume on it because the sad truth about decentralized exchange is that traders prefer to CEX.  Isthe JRT going to be the native token and will be the trade fees?

So many exchange projects these days, it will be the hard battle to win against the bigger ones.

[Jarvis Edge]

I have come across a new exchange which is much similar to what Jarvis are doing right now - DX.EXCHANGE - https://dx.exchange/exchange/ . It is already a working platform and I hope you could provide us some insights on this one since I think it will be a direct competitor of Jarvis and I also hope you could point out Jarvis key advantages over it so that the community could have a better perspective in  this more challenging exchange competition.

dx.exchange is just a regular centralized exchange (which btw suffered from security vulnerability about data leak the first week they went online).

They tokenize stocks held with their broker partner, a traditional one. I dunno if it is really tokenized (you could withdraw them) or if it just an IOU that you cannot withdraw. They are limited by the offering of this broker.

Also, they do not have incredible liquidity (spread on BTC or ETH are huge, and not to mention the huge spread of Apple stocks...

Jarvis, however, is decentralized and will provide access to thousands of stocks with very tight spread. Also, we are a decentralized exchange, therefore, onboarding for the new users will be easy.

One of the main features will be possibilities to trade most of the assets, by collateralizing another one, which will create a unique user experience: you will only need collateral, should it be DAI, USDC, ETH or BAT and gain access to a USD trading power to trade on any financial market.



^As you can see, it is 30 USD in the spread and a chart that is not ok for speculating

[Jarvis Edge]

What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Kind of a decentralize exchange as well. It would be fun if there will be volume on it because the sad truth about decentralized exchange is that traders prefer to CEX.  Isthe JRT going to be the native token and will be the trade fees?

So many exchange projects these days, it will be the hard battle to win against the bigger ones.

JRT is a revenue token (you recieve, monthly revenue by holding the token), at the moment we are thinking on the concept of the utility token (the one you can pay fees, etc.).

[Jarvis Edge]

What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Alright, thanks for the clarification. So, will you use the same contract address as used for the JRT or there will be a new contract?

It will be a new contract

[rahmat86]

It would be amazing for me to waiting jarvis exchange because like etherdelta. Do you have plan to add coins like stellar, xrp, or ltc ?

[Btc_1856]

It would be amazing for me to waiting jarvis exchange because like etherdelta. Do you have plan to add coins like stellar, xrp, or ltc ?

Already they mentioned it is going to like Etherdelta and they mentioned the product will be released in Q4 which now we are in Q2 and it will take another 4 months to get the actual product. We should completely rely on the news given by the team.

[ningrum]

It would be amazing for me to waiting jarvis exchange because like etherdelta. Do you have plan to add coins like stellar, xrp, or ltc ?

Maybe the team is also thinking about the plan, the most important thing for now is to be patient and wait for its development and we will also entrust it to the team

[Jarvis Edge]

It would be amazing for me to waiting jarvis exchange because like etherdelta. Do you have plan to add coins like stellar, xrp, or ltc ?

All the major crypto will be supported and tradable on the plaform

[generous]

It would be amazing for me to waiting jarvis exchange because like etherdelta. Do you have plan to add coins like stellar, xrp, or ltc ?

All the major crypto will be supported and tradable on the plaform

and of course if Jarvis is indeed competent to be the best exchanger,
surely Jarvis will also register tokens or coins in the top 100 coinmarketcap into his platform

[bittraffic]

What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Kind of a decentralize exchange as well. It would be fun if there will be volume on it because the sad truth about decentralized exchange is that traders prefer to CEX.  Isthe JRT going to be the native token and will be the trade fees?

So many exchange projects these days, it will be the hard battle to win against the bigger ones.

JRT is a revenue token (you recieve, monthly revenue by holding the token), at the moment we are thinking on the concept of the utility token (the one you can pay fees, etc.).

Which token shall receive dividends, are the ones that had been sent to MEW going to also receive dividends or just those circulating in the exchange itself?

It gets really interesting that you said that. For a project that didn't really collected a lot from their ICO but plans to build a big exchange that will distribute dividend is quite surprising. Did you know that there were some projects like this before that ends tragically? Example of these is EOSEX project, collected more than you got as far as i know.

[Jarvis Edge]

What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Kind of a decentralize exchange as well. It would be fun if there will be volume on it because the sad truth about decentralized exchange is that traders prefer to CEX.  Isthe JRT going to be the native token and will be the trade fees?

So many exchange projects these days, it will be the hard battle to win against the bigger ones.

JRT is a revenue token (you recieve, monthly revenue by holding the token), at the moment we are thinking on the concept of the utility token (the one you can pay fees, etc.).

Which token shall receive dividends, are the ones that had been sent to MEW going to also receive dividends or just those circulating in the exchange itself?

It gets really interesting that you said that. For a project that didn't really collected a lot from their ICO but plans to build a big exchange that will distribute dividend is quite surprising. Did you know that there were some projects like this before that ends tragically? Example of these is EOSEX project, collected more than you got as far as i know.

The funds raised are smaller than if you compare it to other ICOs, but actually, it is enough to finish development of the product. You can read our article on the topic - "How Multimillion ICO Projects Made us Lose our Sense of Reality"
Link: https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

Raising less money made us focused on the most important aspects and features of the project; as well as push us to deliver and not postponing the release as we do not have a comfort of multi-mil. laying around.

Can't say anything concrete about the EOSEX project (there are more differences than similarities between them and us), we have a solid concept and idea, as well as working prototypes. The design for Jarvis did not appear out of nowhere, it was meticulously planned and thought through.

The last but not least, we have a pretty big community following us, so we have confidence that we will acquire the user base. Initial company of Pascal - DM Trading, has 23k followers, as well as recognition amougn trading community in France. Plus partners of the company that have thousands upon thousands of users and followers.

[rahmat86]

Hello team, why you not make bounty media social before launch exchange ? So people know what are you doing and progress your project

[lunnatic]

Hello team, why you not make bounty media social before launch exchange ? So people know what are you doing and progress your project

Right and I think your question is very good and I hope the team can also immediately respond to your question, let's continue to wait for what the team itself answers

[Jarvis Edge]

Hello team, why you not make bounty media social before launch exchange ? So people know what are you doing and progress your project

It is planned, we will give more details before we launch the exchange.

You can follow our medium for more updates about the project (we do weekly updates)
Medium: https://medium.com/jarvis-edge

[Jarvis Edge]

New week — new newsletter.

We are continually working on the tasks we outlined previously. It is time to share an update on those processes.

Article link: https://medium.com/jarvis-edge/newsletter-june-2nd-60804240379b

[sockpuppet1911]

Bulgaria is going to be a wise choice, even though Estonia has marketed themselves as a crypto friendly country, Bulgaria is heavily invested now and it's their best interest to keep their cryptovurrency laws easy as possible. I am guessing that more people will follow to form business in there.

[pynetx]

Hello team, why you not make bounty media social before launch exchange ? So people know what are you doing and progress your project

Right and I think your question is very good and I hope the team can also immediately respond to your question, let's continue to wait for what the team itself answers

They host some kind of quiz from time to time in their telegram group where they give prizes in terms of the JRT to the winners.

[rahmat86]

Hello team, why you not make bounty media social before launch exchange ? So people know what are you doing and progress your project

Right and I think your question is very good and I hope the team can also immediately respond to your question, let's continue to wait for what the team itself answers

They host some kind of quiz from time to time in their telegram group where they give prizes in terms of the JRT to the winners.

I know about it but some people join telegram jarvis, maybe team can make airdrop to promotion exchange jarvis. Hope team not delay launch product at Q4 in this year

[coingrowth]

Hello team, why you not make bounty media social before launch exchange ? So people know what are you doing and progress your project

Right and I think your question is very good and I hope the team can also immediately respond to your question, let's continue to wait for what the team itself answers

They host some kind of quiz from time to time in their telegram group where they give prizes in terms of the JRT to the winners.

It is indeed a very good idea because it will easily attract many people who didn't participate in the bounty, i have strong confidence in the project because they are giving some strong updates about their progress and developments which will help the investors to hold the coins until they launch the exchange.