Decentralized trading platform for Ether and Ethereum-based tokens.
The cryptocurrency space is growing quickly. The number of cryptocurrencies in existence has grown by 63%, the total market cap has grown by 875%, and the average daily volume has grown by a staggering 3,259% year on year.
Right now, crypto/crypto trading represents 23% of all cryptocurrency trading in the world. We believe this share will grow substantially in the near future as bitcoin becomes a reserve currency of the crypto economy, and most trading will be done between bitcoin and other cryptocurrencies.
If we exclude all other trading pairs and only focus on bitcoin trading against other cryptocurrencies, the numbers start to support our predictions even more. Looking only at bitcoin volumes, 43% of all trading around the globe is already done against other cryptocurrencies and only 57% is traded against fiat currencies. We believe this trend will only intensify over time, and fiat trading will soon represent less than half of all trading volume.
There is also a clear uptrend in Google searches for the search term “ICO tokens,” which points to an increased public interest in token investing and trading.
Dynamic Trading Rights Token (DTR)
We will fund the development of our Tokens platform by selling vouchers for all ourfuture trading fees to our ICO backers. Vouchers will be sold in the form of future trading rights and will be represented by an ERC20 token created under the ticker DTR.
DTR tokens will represent a right to make a trade on our Tokens platform on any currency pair listed at any time in the future. The amount of trading you will be able to fund using a single token will be dynamically set, based on the market price of DTR at the moment of the trade. A transaction for a DTR holder will be charged at the best ask price, ignoring the market depth. This favours buying DTR tokens in advance even more.
However, there will be no need to own DTR in advance or even be aware of the fact that transaction fees are payable in DTR, as any client not owning DTR will be charged a fee in the currency they are trading in. Conversion of the fee cost into DTR will be executed automatically and clients owning DTR will have their DTR subtracted from their balance, based on the DTR’s market value.
DTR used for trading will be burned on the Ethereum network using a smart contract designed to destroy tokens on a regular basis.
If a client makes a trade without having any DTR, the fee will be charged in a currency they are currently trading with, and converted into DTR tokens in the background.
This process will create a frictionless user experience for users who do not want to deal with our Dynamic Trading Rights tokens. That said, there will be an incentive for our clients to buy our tokens in advance and burn them for trading.
Rated on 19 Nov 2017
i'm Happy to change my rate if this project have a working alpha.
Since, i don't found.
Rated on 18 Nov 2017
Rated on 2 Nov 2017
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Associated Exchanges with DTR
Initial Token Distribution
Private beta launch
Mobile app beta
Mobile app public launch