Such service as the exchange of cryptocurrency, no doubt has densely entered into the lives of all investors and traders against the backdrop of the exponential growth of bitcoin and the market of altcoins. At the end of 2017 the general market of cryptocurrency, which does not include indicators of major Asian sites, has come close to the US$ 1 trillion.
Binance has shown that in a short period you can achieve excellent results and become the leader in the sector, through competent marketing and technically quality product. Stoxom wants to take a similar trajectory.
What Is Stoxum?
Stoxum is the world’s first hybrid cryptocurrency exchange with aggregate pool of liquidity which combine speed of centralized solutions and the reliability of decentralized where the owner of exchange with the right to receive income is each holder of the official token STM.All financial indicators of the platform are completely open and the pool of liquidity unites third-party projects working on the system White Label.
Stoxum is the world's first exchange platform for cryptocurrencies where each holder of the STM token becomes a co-owner and can rely on revenue from the exchange's profit proportional to the number of tokens available for emission which eventually decreases that inevitably increases the value of the token.
The Stoxum ecosystem itself will consist not only of the main site but can also offer a quick and efficient White Label solution which at this stage has no analogues - a pooled liquidity pool for all sites within the ecosystem. With this model even a significant increase in one site will affect the entire ecosystem and increase the income of the holders of the token.
Advantages for token holders
Each holder becomes the owner of a share in the project which allows him to receive a constant profit. However, this is not all the privileges that are available to such users:- Access to the full financial reporting of the project online
- The ability to influence voting for adding new tokens to the site
- The possibility of creating White Label solution, having on its account a sufficient security stock of tokens
- The possibility to take part in the moderation of content and chat rooms on the portal
- Further increase your income with a multi-level partner program
- Receive bonuses and privileges, related to the amount of commission for trading and the withdrawal of currency
In this model of relations between user and exchange, each token holder is interested in developing the site, so Stoxum assume that users are able to become the main social and marketing core of the project, attracting traffic to the site through the partner system.
This system has shown efficiency on the example of the Binance site, which has achieved such rapid growth precisely because of its profitable partner program.
Advantages for the trader
For comfortable use of the product, the trader needs to observe several important qualities of the product: ease of use, ease of interface, speed, lack of technical problems and operational support.Each trader will have access:
Clear and accessible interface
Because of many years of experience working on cryptocurrency exchanges we have created an interface that is intuitive even for the beginner and the quality of the technical implementation of the product minimizes the number of technical problems that can cause the user to use technical support.Registration
Any user can be registered on the platform by entering an email address, nickname and password. All users’ information is secure and exposes to terminal encryption which will make it impossible for the user to associate with any financial transactions or purses in the event of a database theft.Internal currency purses
Immediately after registration each user will receive a list of unique personal purses for each currency that is traded on the service. It is a classical purse in the blockchain system that can be used without problems to receive and send funds to any third-party purses. Also these purses are suitable for mining.Deposit and withdrawal of cryptocurrency
Each user can make financial transactions between the purses of any platform that supports the selected currency.For every operation to withdraw of funds to third-party wallets, a commission is charged in favor of the exchange which is regulated by the internal policy of the platform.
Creating orders and exchange operations
Stoxum developed a unique system, creating a single order pool for all participants of the ecosystem. All orders created on the original Stoxum platform will be reflected in White Label solutions and vice versa.Stoxum, like any classical platform, will charge a commission for exchange operations of 0.2 %. White Label projects have the right to change this value at their own discretion within the permissible limits both in the large or in the small side.
Internal transfers between users
Each user will have the opportunity to transfer funds to another person by creating coupons with a unique secret identifier. This is the most simple mechanism for the client which is carried out without any commission. This function will be useful for exchangers and in cooperation with any third-party services.Chat and moderation
For every registered user after recharging the system for a certain amount, a common chat message will be available, as well as a system of “karma” which will allow users to participate in content moderation.Two-factor authentication
Although the platform fully encrypts all data on its side, so we strongly recommend you to protect yourself from hacking and user-side by connecting two-factor authentication through popular applications.The company’s policy states that the platform is not able to help in case of a hack, unless the user has established additional methods for protecting the account.
Personal cabinet and the history of operations
Each registered user gets access to the office where all financial operations are personalized, also there is the ability to change the password, specify or change individual information about the user.Online support service
Each user will receive prompt help on any technical problems or issues related to the interface.Advantages for owners White Label
Operators will have access to the product which will have its own user base. Each provider will be able to customize the version of the product “out of the box” at will:- Visual change of components stylistics of the frontend
- Total pool of turnover at once “out of the box”
- Set up commissions for trades
- High percentage of partner deductions: 60-80%
- Adding/deleting of available cryptocurrency pairs to own ones
- Introduction of the opportunity to conduct operations with fiat funds: make deposits, withdrawals and exchange operations with cryptocurrency
- Organization of the verification process on the platform for legalizing your own product
- Because of the open source code users can implement any new functional solutions at their discretion
- Establish own commissions for bidding and any other operations
- If it is necessary, add work with fiat currencies through the implementation of their own logic
Stoxum will publish an SDK for the modification of open source, as well as guidance and documentation that will simplify the process of modification and launch.
List of supported documents:
- Changing the user interface, graphics, colors, logos
- Running a project on your own domain under your brand
- Modification of the UX in accordance with its objectives
Stoxum Token
The basis of Stoxum ecosystem is the STM cryptographic token which is the fork of Ripple that has established itself as a fast and reliable block system.
Purpose and procedure for the use
Token STM is a component of the Stoxum platform as many actions within the ecosystem of exchange require its use:
- Tokens are “shares” of the platform. Each holder of the token has the right to receive profit from the exchange’s income in accordance with its share.
- Tokens are the currency of commission payment for attracting users at the ICO stage
- The user must have a security stock of tokens for performing operations such as voting for the addition coin, as well as access to moderation tools in the chat rooms.
- The users, who intend to use White Label, must have a security stock o tokens on their account.
Technical Implementation of Token
Token Stoxum (STM) is the fork of token Ripple which has become the standard for use in the financial sector and ideally meets the challenge of developing.
The standard of Ripple allows producing up to 1500 operations per second and also making full use of the entire ecosystem and infrastructure, which includes electronic wallets and exchanges. Open source code allows to customize the blockchain with the needs of the Stoxum platform.
The task of Stoxum and economic system
The main task of Stoxum is to implement a stable relationship between the platform and users who are holders of the official tokens. Since the holders of tokens receive revenue based on the financial indicators of the project, it is in their interest to exert any efforts to increase liquidity, attract traders and improve functionality.
To build a successful economic model, it is necessary to create additional conditions for increasing demand. We expect that such a closed system will serve as a significant catalyst for the cost of the token. The higher the financial performance of the exchange is the higher is the price.
A simple marketing model will help to realize the real benefit of buying a token, creating the illusion of buying a share in the company which makes it possible to make profit on a daily basis.
STM acts as an internal currency both for performing the operations necessary for the operation of the Stoxum network: commission, partner payments, dividends, etc. Also it acts as the base currency, which is "shares".
Like any other token, STM is subject to fluctuations and its price varies depending on demand / supply, as well as on liquidity and volatility.
Stoxum ICO
Distribution of tokens:
10% - Advisors & Bug bounty program
40% - Technical support and implementation
50% - Marketing
The purpose of ICO:
To attract $10,000,000 with the help of crowdsale to:
- Worldwide marketing campaign
- Expansion of servers’ map around the world
- Creating a multilingual technical support department
Unsold tokens will be destroyed *
Timing:
04/30/2018 — 05/05/2018: Closed Pre-sale (+30%)
05/10/2018 — 05/20/2018: Pre-sale stage 1 (+25%)
05/25/2018 — 06/06/2018: Pre-sale stage 2 (+15%)
06/10/2018 — 06/17/2018: Pre-sale stage 3 (+5%)
06/20/2018 — 06/25/2018: Pre-sale stage 4 (+3%)
07/01/2018 — 08/10/2018: ICO
Conclusion
In modern realities of the development of blockchain technology and the interest of companies to enter the ICO it is very difficult to overestimate the prospects for the development of sites for the exchange of cryptocurrencies. Constantly gaining momentum the rapid growth of the audience and users of such resources indicates that in the future this market will continue its growth increasing volume. Two years ago it was difficult to imagine that the industry of cryptocurrency is capable of exponential growth but already now bitcoin and topics, which are directly related to it, are the daily topic of headlines of information publications and social networks.
Given the context that the investors who are ready to invest in similar projects but do not have specific knowledge or do not understand how to assemble a technical group to implement such a platform their business model White label is the answer to their needs. Their product can be easily scaled and integrated into the market.
To participate in the ICO or to get more information about the Stoxum platform, please visit the link below:
WEBSITE : https://stoxum.org/en/
Twitter: https://twitter.com/stoxum
Facebook: https://www.facebook.com/stoxum
Telegram: https://t.me/stoxum
Reddit: https://www.reddit.com/r/Stoxum/
Medium: https://medium.com/@stoxum
Discord: https://discordapp.com/invite/jn7z7Js
Github: https://github.com/Stoxum/stoxumd
My BCT
Username: bajigur894784
Profile link: https://bitcointalk.org/index.php?action=profile;u=1238604;sa=summary
WEBSITE : https://stoxum.org/en/
Twitter: https://twitter.com/stoxum
Facebook: https://www.facebook.com/stoxum
Telegram: https://t.me/stoxum
Reddit: https://www.reddit.com/r/Stoxum/
Medium: https://medium.com/@stoxum
Discord: https://discordapp.com/invite/jn7z7Js
Github: https://github.com/Stoxum/stoxumd
My BCT
Username: bajigur894784
Profile link: https://bitcointalk.org/index.php?action=profile;u=1238604;sa=summary
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