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

[Jarvis Edge]

Hello Jarvis ! Cool project so far ! Is it possible to see the prototypes you've done ? It says on your roadmap you have been doing some already, but didn't find anything on github, just some video "jarvis trader" in french. Is Jarvis Trader related to Jarvis Exchange ?

Hello wipen,

Jarvis Trader is the name of the trading interface of the Jarvis Exchange. Jarvis Trader will be a standalone product to drive user acquisition; Jarvis Trader can be plugged to FXCM, and several crypto exchange.

The idea is that one part of the team, will be focus on promoting Jarvis Trader as a free platform for Forex/CFD brokers, and for crypto exchanges. The platform aims to compete coinigny, TradingView etc. It can even generate revenue thanks to brokers partnership. As the platform becomes popular in the traditionnal trading world, the user base will grow and we will try to convert these users to trade on the Jarvis Exchange instead of their brokers.

So the video you have seen is actually the FX prototype. We are planning on posting more video next week for the crypto interface. The two prototypes cannot be seen on githug : for the prototypes we have used Telerik and SciChart license, and we cannot show their code.

[Dronstop]

Total tokens: 420 M
Tokens sold: 210 M
This is how to be sure to lose half of your investment because half of the tokens are free 

[onirecon2018]

Will the coin be mineable ?

No, it is premined, and the total supply will decrease over the year through a buying back program.

Hi !

In the WP it's written that you are buying back tokens on a quarterly basis, could you please elaborate on that ?
You are already distributing dividends to token holders so why buying back ? It's quite the same, isn't it ? Why both of them ?

Hello,

There are two buying back program.

1. One is held by the company itself, with not more than 5% of the profits; the tokens are bought from exchanges and remove from circulation, they are destroyed; doing so the revenue per token increase. Doing so, even without buying more tokens, and even if the revenue of the company is always stable and do not increase, there will more value shared per tokens over the time.

2. The second one is held by the DAO and strategic found; both will have to manage a pool of JRT; and as they both have JRT, they will both receive revenue in JUSD. These JUSD will become a USD stable coin liquidity pool, and will be used to buy back JRT from decentralized exchanges, or from Jarvis exchanges, to refill the pools.

It is a virtue circle.

The project plans to use a portion of the profits to redeem the tokens, but do not know how is the maximum number of tokens the project wants to buy back? As far as I can see the total supply is still pretty much.

[dubignyp]

In terms of security, in the event of an attack, what provisions do you have ?
Do you have a group of companies that are experts in Exchange security ?

[blockangel]

In terms of security, in the event of an attack, what provisions do you have ?
Do you have a group of companies that are experts in Exchange security ?

Hi Dubignyp,  
There are a wide range of security protocols that have been designed in the technology framework.  The entire premise of the semi-decentralized structure of Jarvis is to essentially make it so that there is nothing to hack at Jarvis because all funds will be held either directly by the client or will be securely encrypted and locked in escrow.  If there was some type of attack such as DDoS or otherwise then there are very robust architectural components and underlying structures which make is very all systems to automatically change parameters and re-allocate resources such that any single component that is being "attacked" will not impact the rest of the system and will the required functions that this specific component is providing will be automatically replicated separately with a preemptive rule which prevents people the same attack from happening on that resource.  There are several top solutions which we will be using along with internal monitoring and both internal and external auditing on a wide range of components.    For any parts of the more centralized systems which can be audited there will be ongoing audits performed by external partners who will conduct such audits every 30 minutes and publish all results in a blockchain such as Ethereum.  So between the various companies we are working with for exchange security and the design of the system and the various safety protocols there will be an extremely high level of security when using Jarvis compared to most other available solutions.  

[Jarvis Edge]

Will the coin be mineable ?

No, it is premined, and the total supply will decrease over the year through a buying back program.

Hi !

In the WP it's written that you are buying back tokens on a quarterly basis, could you please elaborate on that ?
You are already distributing dividends to token holders so why buying back ? It's quite the same, isn't it ? Why both of them ?

Hello,

There are two buying back program.

1. One is held by the company itself, with not more than 5% of the profits; the tokens are bought from exchanges and remove from circulation, they are destroyed; doing so the revenue per token increase. Doing so, even without buying more tokens, and even if the revenue of the company is always stable and do not increase, there will more value shared per tokens over the time.

2. The second one is held by the DAO and strategic found; both will have to manage a pool of JRT; and as they both have JRT, they will both receive revenue in JUSD. These JUSD will become a USD stable coin liquidity pool, and will be used to buy back JRT from decentralized exchanges, or from Jarvis exchanges, to refill the pools.

It is a virtue circle.

The project plans to use a portion of the profits to redeem the tokens, but do not know how is the maximum number of tokens the project wants to buy back? As far as I can see the total supply is still pretty much.

Hello ! For the destruction, we will destroy the absolute maximum that will provide the best value for our token. Our goal is to maintain a healthy ecosystem so we will monitor the rate of destruction to have it correlated with increasing the value, for the benefit of every token holder.

[Jarvis Edge]

Total tokens: 420 M
Tokens sold: 210 M
This is how to be sure to lose half of your investment because half of the tokens are free 

Hello,

please be aware that the publicly available tokens during the TGE are not all of the tokens which will be sold or traded.

Currently at least 30.25% of the tokens are reserved for sales or trade with strategic partners or groups, and some entities which due to regulatory or AML restrictions are not able to participate in TGE's but can participate in direct B2B sales following the TGE.

Any unused bonus tokens will also be put into this strategic partner pool. When combined with the tokens which will be sold or traded through other strategic initiatives it could be possible for more than 80% of total tokens to eventually be sold through the TGE and direct B2B sales or traded for products and services which directly add value and increase the benefit to token holders.

Because of this structure it will help ensure that Jarvis has the most diverse community of token holders who have vested interests in supporting the growth of the community and to help make Jarvis more profitable.

[mistersylv]

Hi, very promising project ! Do you have any planned partnerships?

[wipen]

Hi, very promising project ! Do you have any planned partnerships?

I think they have mentionned Daneel as partner.

[Jarvis Edge]

Hi, very promising project ! Do you have any planned partnerships?

Yes ! It is vital for Jarvis to create a network of strong partners.

We will reveal some of them pretty soon!

[levyashin]

Jarvis? I loved that name. I can feel like Tony Stark when using the exchange.

Also, %25 profit sharing is permanent or you may decrease it in the future? Like binance or kucoin. They started high but dropping after some time.

[lvsca]

Total tokens: 420 M
Tokens sold: 210 M
This is how to be sure to lose half of your investment because half of the tokens are free 

Hello,

please be aware that the publicly available tokens during the TGE are not all of the tokens which will be sold or traded.

Currently at least 30.25% of the tokens are reserved for sales or trade with strategic partners or groups, and some entities which due to regulatory or AML restrictions are not able to participate in TGE's but can participate in direct B2B sales following the TGE.

Any unused bonus tokens will also be put into this strategic partner pool. When combined with the tokens which will be sold or traded through other strategic initiatives it could be possible for more than 80% of total tokens to eventually be sold through the TGE and direct B2B sales or traded for products and services which directly add value and increase the benefit to token holders.

Because of this structure it will help ensure that Jarvis has the most diverse community of token holders who have vested interests in supporting the growth of the community and to help make Jarvis more profitable.

is that 30,25% has been reserved by some company or partner? and, 19,75% for public sale?

[the_donald]

Jarvis? I loved that name. I can feel like Tony Stark when using the exchange.

Also, %25 profit sharing is permanent or you may decrease it in the future? Like binance or kucoin. They started high but dropping after some time.

that's an important question. but since there's no mention of it decreasing then maybe it will stay the same. I love profit sharing.

[jonnytracker]

So this is stock trading possible with crypto and other securities . Very cool

[[Maarten]]

Really like 'Joe Cocker' in the team!
Think he will be a great asset

I've been checking the founder of Jarvis and really like what people are saying about him:

I have witness the growth of the company he contribute to build from scratch. David is a manager who first learnt everything about the operationnal before to manage a team that he hired, taught, and made grow.

He successfully deal with the very fast growth of the company avoiding every scalability problem for whom several other manager would have get issues.

Seems a strong team.
Will do some more research behind this project, in a couple of days. Think this can become a great success.

[Amelie Poulain]

Total tokens: 420 M
Tokens sold: 210 M
This is how to be sure to lose half of your investment because half of the tokens are free 

Hello,

please be aware that the publicly available tokens during the TGE are not all of the tokens which will be sold or traded.

Currently at least 30.25% of the tokens are reserved for sales or trade with strategic partners or groups, and some entities which due to regulatory or AML restrictions are not able to participate in TGE's but can participate in direct B2B sales following the TGE.

Any unused bonus tokens will also be put into this strategic partner pool. When combined with the tokens which will be sold or traded through other strategic initiatives it could be possible for more than 80% of total tokens to eventually be sold through the TGE and direct B2B sales or traded for products and services which directly add value and increase the benefit to token holders.

Because of this structure it will help ensure that Jarvis has the most diverse community of token holders who have vested interests in supporting the growth of the community and to help make Jarvis more profitable.

is that 30,25% has been reserved by some company or partner? and, 19,75% for public sale?

What will happen with unsold tokens, if this happens - are they will be burned? I can't find a hard cap? is it in tokens 420 M? How much will it be in terms of dollars?

[Makkara]

Some aspect seems rather interesting. Like the AI assistant even if it's not yet clear what exactly will be the purpose, the fact you can access different markets beside cryptos and the early 2019 launch. However nowadays there are new exchanges popping out every day, is not going to be easy to come out on top.

[blockangel]

Total tokens: 420 M
Tokens sold: 210 M
This is how to be sure to lose half of your investment because half of the tokens are free 

Hello,

please be aware that the publicly available tokens during the TGE are not all of the tokens which will be sold or traded.

Currently at least 30.25% of the tokens are reserved for sales or trade with strategic partners or groups, and some entities which due to regulatory or AML restrictions are not able to participate in TGE's but can participate in direct B2B sales following the TGE.

Any unused bonus tokens will also be put into this strategic partner pool. When combined with the tokens which will be sold or traded through other strategic initiatives it could be possible for more than 80% of total tokens to eventually be sold through the TGE and direct B2B sales or traded for products and services which directly add value and increase the benefit to token holders.

Because of this structure it will help ensure that Jarvis has the most diverse community of token holders who have vested interests in supporting the growth of the community and to help make Jarvis more profitable.

is that 30,25% has been reserved by some company or partner? and, 19,75% for public sale?

What will happen with unsold tokens, if this happens - are they will be burned? I can't find a hard cap? is it in tokens 420 M? How much will it be in terms of dollars?

There is essentially 50% available for public sale and up to 30.25% available for direct b2b sales or trade with partners who will deliver key products and services to the platform.   So not less than 75% will be sold or traded.   
Any unsold tokens that are not sold during all phases of the TGE will be destroyed.   The pre-mined hard cap of 420 Million will never be exceeded.  It will only decrease as more and more tokens are destroyed. 

[blockangel]

Some aspect seems rather interesting. Like the AI assistant even if it's not yet clear what exactly will be the purpose, the fact you can access different markets beside cryptos and the early 2019 launch. However nowadays there are new exchanges popping out every day, is not going to be easy to come out on top.

Hi Makkara, 
Thank you for the comment,  The AI will greatly simplify a wide range of trading tasks and actions in the platform.   In addition it can help improve trading success through it's ability to track and warn of various market conditions and trading requests which historically have been bad.   There are other benefits in addition to these. 
Regarding the many exchanges popping out, yes you are correct.  We see that as a great thing for many reasons.  Some of these include that most of these exchanges will need liquidity and improved user interfaces.  Jarvis can provide both for these other partners.   Jarvis is different because our user interface is not limited to just our exchanges but will be able to be used by a wide range of other partners which can include other exchanges. 
Also, different exchanges will be targeting different regions and users.  We certainly see any increase in adoption of blockchain related products and services very good for all crypto enthusiasts.   
Jarvis has a team with very extensive experience in developing top software and trading solutions which help traders be more profitable.  Because of this we are happy when others will try other exchanges and then they will see that Jarvis is providing a better user experience and is easier to use.  Being able to compare with other solutions will be helpful to many users to add more value to the Jarvis community. 
Jarvis also lets users program their own trading robots, indicators, and other tools which they can use personally or can sell or give away for free in the Jarvis Marketplace.   Most other exchanges will not allow this.  There are many other reasons but these are a few for your consideration. 

[Token Williams]

FINALLY AN INTERESTING EXCHANGE!!!!!