LEVEL01 Trading on the stock exchange is a profitable and risky business, that's why traders create strategies, adapted platforms... However, transactions with securities require payment of commissions, which reduces the profitability of operations. The developers of LEVEL01 offer a complex solution of the problem-a peer-to-peer network for trading options directly.
An option is a security that allows you to buy assets at a fixed cost. For example, the option to buy 1 cubic meter of mahogany for 50 thousand rubles. Traders resell an asset and its value can exceed the price of the contract many times. Smart contracts at the level01 basis describe in detail the conditions of the option, which facilitates trading.
How does the LEVEL01 platform work and who will be useful?
The trading platform is built on the LIST (level01 Intent Sealed Transaction)-Instant transaction confirmation system, which reflects the current market data, eliminates delays on the part of the buyer and the seller of assets. Smart contracts LIST is built on blockchain Ethereum, automatically check the reliability of the seller and the buyer, instantly write a fixed amount of funds.
Developers combine off-chain and on-chain solutions: The price comparison platform works outside of blockchain, transactions are carried out within decentralized servers. The system works on six components.
1. Trading Engine-a set of modules designed to build your own options (through smart contracts), trading instruments, tracking the current balance (AMS-accounting monitoring Service). Storage of historical data is handled by a separate server-DDN (data Distribution Node), the match of the price of an option and the average of the market sets MME (Master matching Engine).
2. Transaction Settlement System-a tool for automatic closing of options after the date specified in the contract. This solution is especially important for short-term trading, where the transaction value changes in a few seconds.
3. Market data free-current market data are loaded into the system from Thomson Reuters-a global information company with an analyst and a list of recent events. The client application reflects historical and current information, which is especially useful for newcomers in trading.
4. Oracle-System of updating the terms of smart contracts taking into account the current market situation. For example, if the price of Mahogany rose 4 times, and a purchase requires a special license, Oracle will send notifications to traders.
5. Technology API-Tool for integration of LEVEL01 with other specification platforms, payment systems, analytical portals. The architecture allows you to embed level01 on information sites, applications.
6. Fair sense is a tool for estimating the fair price level of each transaction. The main task of the trader-to conclude the most advantageous deal taking into account the current situation in the market, so the data comparison is engaged in artificial intelligence, built into the fair sense.
The absence of intermediaries in level01 provides a stable flow of liquidity, accelerates the process of conclusion of transactions, eliminates commission fees. Only registered users can become members of the platform, which reduces risks for newcomers and increases the trust of experienced investors. The most effective lavel01 works for binary options transactions that involve short-term investment in high-risk assets.
How goes ICO level01 and what will happen to the project next?
The team prepared 1.2 billion LVX tokens at a price of 12 to 29 cents each (depending on the ICO cycle). Placement of tokens starts on July 1, 2018, and will last until September 23, the minimum contribution of the Investor-2 thousand LVX, maximum-800 thousand. Developers plan to collect from 15 to 75 million dollars (soft and hard caps).
Most of the issued tokens (72%) will be implemented in the course of ICO, 26% is planned to pass to the team of founders, advisors, and developers. The remaining 2% will be used during the Bounty and marketing activities.
The finances collected during the ICO will be divided into six areas. 35% will be spent on further development of the platform, 28% will be a pool of liquidity, 15% would go to marketing, 10%-for management expenses, 6% would be invested in legal support and operating expenses.
Roadmap of the project is composed by months, in the near future (July-August) The launch of beta version of the platform is planned, and at the end of 2018, the API for external ecosystems will be started.
LEVEL01 In our view, all roads lead to the fact that LEVEL01 will be the world's first derivatives brokerage and the partnership with the financial giant Thomson Reuters tells us that LVX is going to bring investors a good return on investment in the very near future!
Website: https://level01.io
Whitepaper: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf
ANN : https://bitcointalk.org/index.php?topic=4499211
Facebook: https://www.facebook.com/level01platform
Linkedin: https://linkedin.com/company/level01io
Twitter: https://twitter.com/level01io
Instagram: https://www.instagram.com/level01io
Telegram: https://t.me/level01ico
Medium: https://medium.com/level01io
My Profile:
https://bitcointalk.org/index.php?action=profile;u=1324582
My Ethereum Address:
0x4fc8D738B506c2c157752531fab32105BbE05b23