In the cutting edge organizations world different sorts of new business are developing step by step. Cryptocurrency market is one of them. A businessman or any organization or any individual can become their or his benefit to contributing digital currency advertise. In the cryptographic money showcase the assets are divided of liquidity. The low amount of liquidity, the lower of normal volume of an exchanging position in contrast with stick and other established market.
LIQNET is a stage for Cryptoexchange, which tackle the issue of cryptoexchanging errand effectively. It join liquidity from different stages and take care of the issue of their exchanging solicitation and requests to shaping a brought together request book with better market profundity and better costs.
Problem Faced in Cryptocurrency Market
Low level of liquidity and impressive spread don't help the improvement of the cryptographic money industry. A financial specialist confronted the issue of confinement of liquidity and constraint of law. When purchasing or selling a significant amount of funds, an investor risks to fail to get the estimated amount or get it an unacceptable price. In the maximum time cryptocurrencies and tokens are not insured. So one should whole the market to known everything.
Liqnet Solution
LIQNET projects is a secure cryptocurrency exchange. It collects the liquidity from traders both classical methods and standalone mechanism that uses the in-house LEN (Liquidity Exchange Network) technology.
LEN is a mechanism that through an API allows to collect and combine data on request to sell/buy from many cryptocurrency exchanges that's are located anywhere in the whole world and to from a unified order book.
It aggregate the request into a stream for a users can deals favorable price. In the LIQNET system both seller and buyers are aggregate in a order book.
The LEN technology comprises three essential service :
- Data collector
- Automated trading system
- Automated system that allocates and accounts for funds.
LEN is a automated trading system. So it has no risk with integration. Every transaction should be checked by the LIQNET's specialists. So, no third party can chance to entire the system without permission. Then every users are secured the platform.
As an automated trading system, which makes numerous trading operation thus increasing liquidity and pays a fee for each transaction making profit go them.
Other advantage of LIQNET : - Desktop apps (own desktop app, multicharts, trading view and MT4, MT5)
- Fully functional mobile trading apps for Android and iOS
- An online wallet project that provides the ability of exchange cryptocurrencies and fiat money by the press of a button. Additionally it has the easy cryptocurrency investment service with free and paid built in strategies.
- Acquiring serving for receiving payments in cryptocurrencies that provides seller with many capabilities and protects from many risks.
To connect a cryptocurrency exchange to LEN, a user should register an account, deposit some money and implement a single LEN module that uses the exchanges open API. LIQNET also does this operation.
Competitive Environment
Some competitive environment for LIQNET
Classic Cryptocurrency exchanges
with which LIQNET works as a client by using the LEN mechanism. Most 9 Cryptoexchanges summary shown here
Forex Broker
They offer to trade the BTC-USD and other cryptocurrencies pairs.
B2BX project
It is not an aggregator of real cryptocurrency liquidity. B2BX is not a competitor, but LIQNET'S potential client.
The Blockchain
The Blockchain is the core of all cryptocurrencies, so the prospects of its development directly influences the future of the whole market. Gartner has conducted SWOT analysis that is shown
Project Economics
LIQNET team calculations of competitors profit. Average monthly trading volume was calculated is $46 228 934 670
The Exchange
Two ways of converting the cryptocurrency to another national currencies : 1. Through payments system wallets
- Through specialized platforms where these tools are traded the exchanges. Many exchanges already offer the ability to do conversion operations between fiat money and cryptocurrencies. Wishing to get benefits by transaction in cryptocurrencies that open their cryptocurrencies wallets. Cryptocurrency exchanges are increasing day by day.
Token Sale/ICO
Token Symbol : LEN
Standard. : ERC20
Hard cap. : $50 million
Soft cap. : $20 million
Exchange Rate : 1 LEN= 1$
Payment method : ETH, BTC, BCH , ZEC, LTC, XRP, Waves, USD.
The number of token sold during private offering 600000 LEN which is equal to $300 thousand. One person for $50. All currencies are converted to Ethereum. Exchanges ETH to tokens by themselves and then transfer into their own wallets. First three days 63746032 tokens will be issued and investors get 20% bonus, in the next three days 10%, in the next four days 5%. Then token Will be sold without any bonuses. First token holder get a 100% bonus.
Roadmap
Security Risks
Project Team
Conclusion
It's a better chance to investor who wants to better use of their liquidity in cryptographic money exchange platform.
More about Liqnet can be found here
Website: https://liqnet.io
Facebook: https://www.facebook.com/LiqNet.io/
Twitter: https://twitter.com/LIQNET_official
Telegram: https://t.me/liqnet_official
ANN Thread: https://bitcointalk.org/index.php?topic=3736633.new#new
Whitepaper: https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf
My Profile:
My Name: Mohammad Sakib
BTT Username: Sakib0194
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1841935;sa=summary
Telegram Profile: https://t.me/Sakib0194
ETH Address: 0x8c26fD54c42B06593258b86b9D0F91CC9e5E64e5
I believe in this one. Actually I would love to use it when it's finished.
Pretty cool. Their idea is unique. Another way to utilize the blockchain.