Virtuse Exchange ( VIRT ) – Revolutionary Exchange Platform

The possibilities of today's financial markets are enormous and sometimes it is very difficult even for an experienced trader to understand the innovations and tools of various platforms. At the same time, a large number of opportunities offered by stock markets and stock exchanges often become barriers to profitable operations and can cause serious setbacks. In this review, we will talk about the new decentralized blockchain platform, Virtuse Exchange, which has taken on the implementation of blockchain technology in trading operations worldwide

The idea of the project

The developers of the Virtuse Exchange platform decided that it would be nice to give everyone the opportunity to conduct trading operations faster, safer, with less risk. At the same time, the team proposes to use cryptocurrency assets as an analogue to any physical assets. If you have some kind of stock at your disposal, for example, gold - with the help of the resources of the platform you will be able to trade them in the cryptocurrency equivalent market without the difficulty. At the same time, the developers promise to replace the centralized processes with decentralized ones in the transaction process, and thus ensure the best quality of the transaction and eliminate the minuses of the centralized processing system

How the platform works

To implement its idea, the Virtuse Exchange team has created a platform that determines the value of physical assets in cryptocurrencies. Thus, there are three stages of trade

The first stage involves providing the user with the opportunity to use a certain amount of cryptocurrency in exchange for physical assets such as precious metals, oil, real estate, etc. In the same way, the liquidity of tokens that will be involved in the exchange and trading process will be provided. When changing the balance of physical assets, the corresponding number of tokens will also change proportionally.

At the second stage, a special platform module called Digital Asset Collateralized Token (DACT) comes into play. In fact, from this moment begins the so-called tokenization of your property. The DACT module is a fundamental process that ensures the operation of the entire platform. The module will provide different types of coins for the tokenization of different physical assets. At the moment there are already several types of such tokens. Also in the module will be available special programs on analytics and analysis of assets used for trading. All these data will form a separate database, access to which will be carried out through the use of platform tokens.

The third stage of the platform is the creation of a database that allows you to select individual groups of assets. For example, those that are more at risk, or, conversely - the least risky. This tool will allow traders to clearly plan their work and consciously take risks for greater profit. Or choose a security path and use the data collected by the platform for a more stable income.

The problems that the platform solves

The modern model of the work of traders around the world was created over the years. Nevertheless - now this model is not always applicable in the market, since the market adapts to the assets that are used on it. In addition, 87% of all trade transactions are concentrated in only 16 exchanges. This suggests that the centralization of trading markets actually leads to a partial monopolization of the conduct of trade operations and does not allow small exchanges to develop.

Meanwhile, in order to work on large exchanges, a trader has to pay huge commissions to conduct transactions, which, due to such fees, will not bring obvious benefits. In order to achieve significant success in the framework of a large stock exchange, it is necessary to work there for at least six months and all this time remain at least at the same level of assets, which is almost impossible. With the introduction of the blockchain in the exchange trade, all participants at the entrance have equal opportunities and differ only in their own assets, which they can provide with physical values.

Like for many other branches of our life - the decentralization of Virtuse Eschange will erase the boundaries between states and continents and allow trading wherever there is a connection to the Internet. In this case, you can not worry about the small amount of assets at your disposal - this platform allows you to reduce the costs of trading so much that the operation takes an extremely small share of the commission.

Development Stages and Virtuse Exchange

Tokens The platform tokens will work in the Ethereum blockchain and have the ticker VIRT. This network was chosen specifically because of the high level of security and the high level of user support. Aether smart contracts allow you to freely and securely distribute tokens between holders and have transparency. The ICO date of the Virtuse Exchange project was announced in August 2018, and the start itself is scheduled for October of the same year. In total, it is planned to issue 1,000,000,000 tokens, which will be distributed as follows:

• 40% of tokens (400 million) will be sold as part of the sales stages
• 25% of tokens (250 million) will be reserved to maintain liquidity token
• 20% of tokens (200 million) will be distributed among the development team and advisors
• 10% of tokens (100 million) will be distributed among community members
• 5% of tokens (50 million) will be distributed among platform consultants

The main function of platform tokens is calculation during trading operations and the use of tokens provides holders with various bonuses and discounts. The development team plans to use 25% of all profits during an ICO and redeem their tokens in order to subsequently destroy them. Total planned destruction of 50% of all tokens.

Findings

With the development of trade relations, the demand for trading markets is growing. And it would be foolish not to take advantage of the latest developments in the blockchain sphere in order to provide access to this kind of earnings for everyone

More information on the project ( VIRT ) please visit their website listed below:-

 WEBSITE: https://virtuse.com/

 WHITEPAPER: http://virtuse.com/public/pdf/whitepaper.pdf

 ANN: https://bitcointalk.org/index.php?topic=4575865.0

 TELEGRAM: https://t.me/virtuse

 TWITTER: http://twitter.com/VirtuseExchange

 FACEBOOK: https://www.facebook.com/virtuseexchange/

Author: cryptocat156

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2154730

Telegram username: @cryptocat15

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