Ripa Exchange is a hybrid-decentralized exchange, with a strong focus on lowering the entry level of opening new exchanges and giving crypto traders safe and secure trading partners to operate with, on a daily basis.
It is crucial acting right now in order to fix some problems, related to the market: users are frustrated by unreliable exchanges that run away with their funds, got hacked or do not sustain the load of a growing industry. Despite the effort of exchanges managers to offer efficient, reliable, and easy to use platforms to Trade, the entry prices for building such platforms is in the rage of 250-300 thousand euro (and that does not include personnel cost to give platinum customer support, platform infrastructure and daily expenses for the business).
It is the aim of this project to give you an Open Source, efficient, reliable exchange platform and to give the needed liquidity to your newly created exchange from day one, so that you can focus on finding new customers, give platinum support and comply with all the heterogeneous laws in the industry.
We want that the customer experience will be the sleekest possible, while making it safer to trade.
Ripa Exchange is a hybrid-decentralized exchange with a strong focus on lowering the entry level of opening new exchanges and giving crypto traders safe and secure trading partners to operate on a daily basis. The team of RipaEx believes that, despite the recent developments in the world of cryptocurrencies, it is still expensive to open, manage and build trust on a newly created exchange not only for the resources need to run a reliable exchange platform but also for the build of the platform itself and to find the liquidity necessary to run a profitable business in the first 5 years gap. Action is needed and action is needed now. Users are frustrated with unreliable exchanges that run away with their funds, got hacked or does not sustain the load of a growing industry of today. Despite the effort of exchanges managers to offer efficient, reliable, and easy to use platforms to trade entry prices for building such platforms is in the rage of 250-300 thousand euro and that does not include personnel cost to give platinum customer support, platform infrastructure and daily expenses for the business. All of that for then having an decent exchange platform for which you will need to pay an external software company to make changes as you request. It is the aim of this project to give you an Open Source, efficient, reliable exchange platform and to give the needed liquidity1 to your newly created exchange from day one so you can focus on finding your customers, give platinum support and comply with all the heterogeneous laws in the industry. As we want that the customer experience will be the sleekest possible, while making it safer to trade.
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Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Dec 2, 2018
3
3
3
20%
Even though KYC does not guarantee ICO success nor is a call for investment, the process verifies the key members of the founding team as a first key test.
CFO, please perform your KYC with Sum & Substance promptly.
Willing to revise this rating if the team responds.
Founder of Texploxe, IMMO and ABP Member, Learner Rated on Oct 11, 2018
2
3
3
18%
1. The Team has not completed the KYC in the ICOBench Platform.
2. The team listed in rating site ICOBench is small though the team on the website shows much more members. But it looks like kind of an outsource and the original team is of 3 people.
3, The CEO and CDO, i.e. Giovanni Silvestri and Giorgio Isola were also together in another Project called Kapu which kind of looks like doomed. Their apps in the Play Store has roughly 100+ installs each. 24 Hour Trade Volume is negligible, etc.
4. The CFO as well doesn't look promising with his past experiences as well as the other members of the team doesn't have a LinkedIn profile or have a very low number of connections.
5. The prototype link is dead: https://demo.ripaex.io/ So couldn't check the product page at the time of writing this.
6. Roadmap and other details are also very abstract and a bit ambiguous.
7. Even though with so many problems, they have created many interesting things and ecosystem around their project.
2 for Team even with so many problems due to the development of the project. Can improve to 3 or possibly even 4 as well if they complete the KYC as well as add the other main members of the project.
3 for the vision, which can be improved to 4 if they also include a good marketing strategy for the project along with other projections.
3 for the product for the things build around the system, which can be improved to 4 as soon as I see some update to the prototype link.
This I believe is one of the highest rated projects from my side in ICOBench. My advice to them would be to hire some people with good marketing experience to guide through this time of the ICO.
Thi is a project to facilitate the uptake of standards to share liquidity between crypto assets marketplaces.
In order to revitalize the industry, it is necessary to increase the quality of participants and to reduce barriers to entry. This project is about to play such a role in the virtual currency industry. I want to support this.
We already have an explorer and a wallet and we are ready.
Fortunately for this project!
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