ThinkCoin: Multi-Asset Trading Network

sonpham111 (26)in #blockchains • 6 years ago (edited)

Introducing ThinkCoin

ThinkCoin is the digital trading token that underpins the TradeConnect network. By bringing trading to the blockchain, ThinkCoin lets you trade forex, commodities, shares and cryptocurrency with your peers in a simple, secure and user-friendly way. TradeConnect Limited is a member of the ThinkMarkets group of companies, which is a licensed financial services company in the UK and Australia that brings more than a decade of experience in FinTech.

ThinkCoin tokens will energy the trading surroundings because the unit of all trades at the TradeConnect network
whether you trade forex (FX), commodities, stocks or other economic merchandise, ThinkCoin will assist you to do it and in a easy, cozy and user-friendly way. You may gather TCO through our ICO or, once the ICO is finished, by changing fiat forex and different cryptocurrencies through numerous exchanges.

TradeConnect has several advanced features that make it stand out from other network such as complex scoring models for Liquidity Enhancement called Digital Personas, a unique AI engine for predictive modeling of your trades, a trade matching engine that removes commissions and creates a connect fee that allows the trader to take part in a rebate pool based on volume.

TradeConnect is being developed by the ThinkMarkets Group, an established multi-asset brokerage with a decade of experience and knowledge within the financial sector. ThinkCoin and TradeConnect will leverage the vast pool of intellectual property, technology and financial resources of ThinkMarkets to significantly accelerate the development and use of ThinkCoin as the premier cryptocurrency for trading of any financial asset in the world.

The TradeConnect Vision

1.1 The problem
Worldwide financial markets are ruled by way of banks and different monetary institutions, some of which lack transparency, have undue influence on global asset costs, and may impose unfair prices. New era means we will now supply greater transparency and equality for all marketplace members. installed financial gamers have didn't take the opportunities in blockchain generation, and nevertheless use a centralized order book to manipulate prices and trading.

1.2 The solution
we can create a contemporary new peer-to-peer multi-asset buying and selling community with a view to disrupt and democratize trading. we're calling this community TradeConnect. This network will permit individuals and establishments to change immediately with each other on a balanced playing field with lower costs for all. Trades will be robotically settled on the blockchain, with recording and execution carried out off-chain to deliver the fastest provider viable to elevate finances to design and develop the community, we are launching an ICO of ThinkCoin, a bespoke new digital token with a view to underpin buying and selling on the network.

The TradeConnect Economy

TCO tokens are classified as software tokens. members of the TradeConnect community that want to alternate and use all its functions will need to preserve ThinkCoin tokens. these are the gadgets of change in our token new economy.
By using transferring fiat foreign money or different cryptocurrencies into TCO, traders can exchange inside the various markets presented at the community. The value of the alternate is held securely in an Ethereum clever agreement and is settled and released at once back to the contributor's wallet robotically upon determination of the trade.

The TradeConnect network

We intend to increase a multi-asset blockchain-based community for trading on a peer-to-peer basis. To attain the speeds of execution and settlement current markets anticipate, the community will combine blockchainbased clever contracts with off-chain transactions.
This solution will benefit from:

the consider, integrity and visibility of the blockchain ledger
the capability to hold and settle price range on the blockchain
the extra speed of using off-chain processing
A consortium-based private ledger seen to best participants in the community mixed with the general public blockchain.

A peer-to-peer answer eliminates reliance on agents and different intermediaries and permits direct trading between or more individuals Your money remains to your manipulate, with price range for trades dedicated to the blockchain pending execution and settlement of the trading agreement. settlement and price can be nearimmediate, with no delays and no prices for shifting price range.

Token information

The token allocation will break down as follows:
Pre-ICO & ICO participants 60%
Retained 24%
The Team 15%
Bounties 1%
Pre-ICO and ICO
Our Pre-ICO may have pricing stages
• 3rd April - 9th April: $0.21 USD
• 10th April - 16th April: $0.25 USD
The ICO - 17th April to 30th April – TCO tokens can be 0.30 USD every. the overall quantity of tokens issued might be restricted to 500,000,000. A complete of 60% of to be had tokens can be issued (as much as 300,000,000 TCO) for the duration of the provided duration. In case not all 60% of TCO tokens available at the PreICO and ICO degrees are bought, the rest might be burnt in order to keep the distribution as specified above
The Hard Cap
The hard Cap for the Pre-Sale, Pre-ICO, and ICO will be $30,000,000 USD.