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

[Jarvis Edge]

a good project, Jarvis  will be a godsend for those who like to manage their finances. did I understand correctly that there will be a voice search in my wallet? if Yes, it's all great! good luck to the team.

Yes! https://www.youtube.com/watch?v=The09nzQMEE This is the first implementation, 2 years ago!

2 years?!
Show us the implementation from today in a video a little bit longer, please. 

Unfortunately everything is in French.

[Jarvis Edge]

What is the softcap and hardcap or the project and how much is raised so far?
What will happen to the unsold token also?

There is no softcap, we will do the project in any case scenario!

The hardcap is 21M USD

That is, it should be understood so that you already have money for the development of the project? And you're only going to raise money to speed things up? In that case, I assume that the work will be done faster than indicated in the roadmap, if you collect the hardcap? Am I wrong?

More funds are needed to push further the development and the launch of the exchange, as well as having our own native liquidity.

[my_cryptos]

Yes, this project can help cryptocurrency to be introduced into the everyday life of people. I think this may be interesting for many investors.

[cevap]

It seems like its popular lately to give some perks to tokens holders on your exchange like trading fee discount of dividends. Will there be something similar implemented on this exchange?

[Jarvis Edge]

It seems like its popular lately to give some perks to tokens holders on your exchange like trading fee discount of dividends. Will there be something similar implemented on this exchange?

We have only considered to deliver revenue through the token; but a lot of our initial investors as well as some advisors are lately advising us to add this utility aspect in order to increase the attractivenessof the token. It is something we are thinking about seriously.

[Token Williams]

What is the softcap and hardcap or the project and how much is raised so far?
What will happen to the unsold token also?

There is no softcap, we will do the project in any case scenario!

The hardcap is 21M USD

Why no softcap? Isn't there a minimum you need to develop this project? Otherwise how did you come up with the hard cap?

[PS92]

Will you register with the SEC to operate in the US?

Hello Token Williams

It is not our short term goal to address to US ; but in the future it will. But in order to that you need quite big capital; we will start focusing to deliver our value proposition in Europe and probably Asia.

If you are not going to focus on registering with the SEC, will users from the US be blocked from using your exchange?

Seeing today's SEC statement wrt Paragon I think it might be wise to register.

[Jarvis Edge]

What is the softcap and hardcap or the project and how much is raised so far?
What will happen to the unsold token also?

There is no softcap, we will do the project in any case scenario!

The hardcap is 21M USD

Why no softcap? Isn't there a minimum you need to develop this project? Otherwise how did you come up with the hard cap?
[/quote

No softcap because the project will happen whatever the amount raised. We have already started the project so it is not like we are looking for initial fundings.


As for the hardcap, it is the amount needed for european and asian licenses, as well as having our own liquidity pool with enough depth. It means that the more we raised, the deeper our pool will be and the more license we can get.

[Jarvis Edge]

Will you register with the SEC to operate in the US?

Hello Token Williams

It is not our short term goal to address to US ; but in the future it will. But in order to that you need quite big capital; we will start focusing to deliver our value proposition in Europe and probably Asia.

If you are not going to focus on registering with the SEC, will users from the US be blocked from using your exchange?

Seeing today's SEC statement wrt Paragon I think it might be wise to register.

Yes, but again at the moment we will not accept any contributor nor customer from US. But for sure it is on our roadmap to someday get into the american market.

[Rigorous]

I honestly don't know. But let me tell you something. Our project started with "Jarvis Trader' (you can google it). It is a platform made with the heart! With passion! With features that are really helping traders; and with my partners, we have wondered for years: WHY brokers, or others platforms, didn't think about what we have done? We have just created useful tool (a concept named mouse trading), so with their money, why they didn't do it before? Well, the answer is that: they do not care about it, they are not using their own product!

If the Coinbase founders, or management team, were coming from the trading world, if they would have faced what we are facing, they would have probably set adding stocks as a priority.

But Coinbase is not for that: they aim to be the leading entry point in the crypto space, and to acquire market shares there; this is why they launched Paradax or Toshi wallet. And more recently their own stablecoin.


And I think this is our strengh: we are passionate, and we are the users of our own products. And, I personnaly spent he last 7 years, teaching everyday to thousands of traders; so I do know perfectly what matters for them, what they want, what they need.


And then, to conclude, it is not because it is doable that everybody will do it: you should see that there is market for that; or it has to match your value proposition; the value proposition of Jarvis is to give freedom, by being able to access any resources. To compete siloed centralized ecosystem, with an open world. That is not the value proposition of other exchanges.

You make some good points. Crypto exchanges are notoriously bare boned compared to the trading platforms on traditional brokerages. Some crypto exchanges even only offer limit orders.

I suppose last year the idea was to build crypto exchanges fast and scale up. Make the servers not break down from too much traffic and prevent any hacks. Most importantly, not getting a surprise visit from government agencies. So any extra features to the trading platform were just that, extra.

Now is the time to start thinking about adding features to get up to par with traditional brokerages.

[Jarvis Edge]

I honestly don't know. But let me tell you something. Our project started with "Jarvis Trader' (you can google it). It is a platform made with the heart! With passion! With features that are really helping traders; and with my partners, we have wondered for years: WHY brokers, or others platforms, didn't think about what we have done? We have just created useful tool (a concept named mouse trading), so with their money, why they didn't do it before? Well, the answer is that: they do not care about it, they are not using their own product!

If the Coinbase founders, or management team, were coming from the trading world, if they would have faced what we are facing, they would have probably set adding stocks as a priority.

But Coinbase is not for that: they aim to be the leading entry point in the crypto space, and to acquire market shares there; this is why they launched Paradax or Toshi wallet. And more recently their own stablecoin.


And I think this is our strengh: we are passionate, and we are the users of our own products. And, I personnaly spent he last 7 years, teaching everyday to thousands of traders; so I do know perfectly what matters for them, what they want, what they need.


And then, to conclude, it is not because it is doable that everybody will do it: you should see that there is market for that; or it has to match your value proposition; the value proposition of Jarvis is to give freedom, by being able to access any resources. To compete siloed centralized ecosystem, with an open world. That is not the value proposition of other exchanges.

You make some good points. Crypto exchanges are notoriously bare boned compared to the trading platforms on traditional brokerages. Some crypto exchanges even only offer limit orders.

I suppose last year the idea was to build crypto exchanges fast and scale up. Make the servers not break down from too much traffic and prevent any hacks. Most importantly, not getting a surprise visit from government agencies. So any extra features to the trading platform were just that, extra.

Now is the time to start thinking about adding features to get up to par with traditional brokerages.

As we are coming from this brokerage/trading industry, then we wil be able to keep up adding these features which will give us an edge over competition.

[aileen393332xe5157]

This is an interesting idea project. In the future, will Javis plan to expand its acceptance of payment types beyond ETH and USD?

[davide72]

many people from team look like they did other projects before do i m right? anyway the exchange look interesting

[levyashin]

Interesting?

So is there no exchange from brokerage/trading industry so far?

I can understand and see your passion but it is odd no-one tried this before you. Or maybe they tried but they were after making quick bucks instead of doing something great.

[Makkara]

Interesting?

So is there no exchange from brokerage/trading industry so far?

I can understand and see your passion but it is odd no-one tried this before you. Or maybe they tried but they were after making quick bucks instead of doing something great.

I think there are actually but i have no idea of names or anything, somebody from the team was also saying they are not the first one to do it. The real question is anybody did it already successfully? Probably not

[pynetx]

many people from team look like they did other projects before do i m right? anyway the exchange look interesting

Looks like it may be that's why they don't care about the amount they raise in the sale. From their answers it seems that they really know what they are doing.

[chichidori]

They have a lot of confidence into this project, going out strong is the best way to show your investors that your not backing out even if something happen along the way, assurance is what most investors is looking right now  because of those money grab projects.

[wissy]

Interesting?

So is there no exchange from brokerage/trading industry so far?

I can understand and see your passion but it is odd no-one tried this before you. Or maybe they tried but they were after making quick bucks instead of doing something great.

I think there are actually but i have no idea of names or anything, somebody from the team was also saying they are not the first one to do it. The real question is anybody did it already successfully? Probably not

There are some who tried obviously but since most of us never heard about them it means they are doing something wrong. Thats why the potential is there to conquer the filed of stocks trading with crypto.

[Jarvis Edge]

Interesting?

So is there no exchange from brokerage/trading industry so far?

I can understand and see your passion but it is odd no-one tried this before you. Or maybe they tried but they were after making quick bucks instead of doing something great.

Oh actually... there are a lot!

Most of the brokers, as you might know, are here to take your money; most of them have bad practice, and I even do not count the number of scams there. I see it everyday! Even from "big worldwide brokers". Actually, a lot of brokers, who made a lot of money by scamming people with binary options, are now making ICO to take even more money, and then make an exchange, to take even more money

So when I see a broker making an exchange, for me it is most of the time a RED FLAG.

Also, most of the brokers do not care about customer; they do everthing they could to attract beginners, and make them deposit the largest amount possible. They do not try to be user friendly or to help too much their custimer, because they make more money on their losses that on the trading fees. So these brokers has proposed very bad trading platform for a while, they are not user-centric, and they are not here to change "the world" or to deliver value to end-users.

This is what is different with us. Check the work of Cyril Tabet; he was the first one to implement a new strategy: user-centric, transparency, and only a trading-fee based business model. JFD brokers was an earthquake in the brokerage industry. Their value proposition was: lowest fees, better exectution ever, absolute transparency (you can see what happened to your orders, who was the counterparty). This is how they became in 5 years, in the top 10 brokers worldwide! Cyril has fought all his carreer the bad practices of brokers, and became famous in the industry for that.

Check as well the work of Pascal Tallarida: he launched 7 years ago a trading school; it was the first trading school that show publicly the results of the students! And which was backing the best students with real funds! He did the first trading school with unlimited coaching, because he cared about his customer, and wanted to deliver a tailored solution for each of them. He also became famous because he was giving his knowledge for free on his Youtube channel, and had a very franky way of speaking; he is known to make fun of any trading theory, or pattern, as his trading is only based on logic and statistics, and simple support and resistance; people were not buying his lesson as they were for free on the Internet, but were only buying his time to be coached. He then started designing trading platform, with the hundreds of feedbacks he got from the people he trained. He invented new concepts such as "the mouse trading".


When you have this basis in the founders, with these value, you know that you will not see "another broker, another exchange".

[Jarvis Edge]

Interesting?

So is there no exchange from brokerage/trading industry so far?

I can understand and see your passion but it is odd no-one tried this before you. Or maybe they tried but they were after making quick bucks instead of doing something great.

I think there are actually but i have no idea of names or anything, somebody from the team was also saying they are not the first one to do it. The real question is anybody did it already successfully? Probably not

I think honestly, other exchanges just want to provide an exchange service; and at the moment the money, and the value, is by providing crypto assets, bitcoin, ethereum, and the top20 in CMC. The teams are here to make money, and to have a piece of the cake. This is why you will not see something similar to Jarvis for a while.