1st TRADE
First Trade Digital Assets Trading Platform, First Trade Token
With the birth of bitcoin in 2009, many began to see that the extraordinary blockchain technology might be the thrifty face of the next generation of technology. Since the beginning, Blockchain technology has tried to become mainstream but has been limited by one or two constraints which include ease of use of the wallet, communication privacy, trade performance and security. In order for cryptocurrency to become mainstream and large adoption orders, there is a need to increase ease of use, privacy, trade performance, communication. There are many big players in the crypto room who have tried to improve the quality of some of these important keynotes, but because of lack of experience or sometimes the funds make them less good.
On this occasion I will provide interesting information, especially in the world of Cryptocurrency. The ICO project this time is related to the trading world called 1st TRADE - Safe & Qualified Exchange Driven by Blockchain Technology. Before the discussion, you should read the reviews that can help get information in seeing their vision and mission. Hopefully this information, of course, gives you a little insight and interest in getting involved with the ICO 1 TRADE Project.
About the project
1st TRADE consists of two independent words that are common - First and Trade, for memory and easy use. First Trade symbolizes the preferred trading platform. The 1st Trade team hopes that 1st Trade will be the user's first choice for exchanges offering blockchain-based trading services and in the near future.
1st TRADE is an innovative crypto-asset exchange site developed using independent intellectual property rights. Behind this platform is an experienced, strong and hard working development team, who has years of experience in the blockchain industry, banking system and so on, and therefore they use various innovative technologies in development. Using this technology, matching frequencies with one server system, imagine it can reach 50,000 / TPS, while it can grow with maximum increase. The platform has been using such a system for 1.5 years and during this period there were no problems in the internal operating system, risk management system, finance, and so on.
It is known that many exchanges face problems such as security. Therefore, 1st TRADE has developed an independent risk management system so that, with a slight effect of fraud on transactions, the wallet reacts immediately to this and delays this process.
1st Trade will offer derivative services such as institutional high frequency trade quantification, Staking node business, VC, PE, hedging insurance and blockchain insurance based on the blockchain wallet system and multi-signature architecture of the blockchain asset escrow architecture.
The embedded white blockchain asset label trading system is reasonably configured. 1st Trade will also offer institutional accounts to users according to the user's rating system, so that institutional accounts can be created independently of the trading system, and exchange depth information can be shared in real time.
1st TRADE (FRT) function
- Reduction of commission for trading: Registered exchange users can use FRT tokens to pay trading fees.
- Discounts on trading: When trading on Exchange 1, FRT tokens will be discounted for traders.
- Referral program: Invite friends, relatives, and acquaintances to sign up for the First Trade Exchange and you'll be rewarded, so if your invitation passes the verification, you'll receive more gifts as well as them.
- Trust insurance: 1st Trade has its own trust insurance system where users can buy crypto assets and insure them, and this ensures high security of crypto assets.
- Credit system: Trading First works on blockchain technology and uses a loan system. This system allows registered users to receive loans honestly and transparently.
- Stable Coins: First trading will use stable coins on the platform.
- Stacking system: Stacking is a convenient and easy way to mine on the platform itself, where you can get even more to save coins.
Embedded risk control and security systems
Responding to frequent exchange security issues, the first trading team jointly developed an independent risk control system with a well-known third party, and embedded it in existing business modules, allowing the platform to react quickly to abnormal transactions and wallets. system anomaly. In addition, all codes have been reviewed by a professional team, and Trade 1 gets a security report issued by a senior security company. The internal control system is strengthened by security optimization, a back-end assessment authority, and an independent private CA certificate to reduce internal damage.
The Blockchain derivative financial services architecture
1st Trade will offer derivative services such as institutional high frequency trade quantification, Staking node business, VC, PE, hedging insurance and blockchain insurance based on the blockchain wallet system and multi-signature architecture of the blockchain asset escrow architecture.
The embedded white blockchain asset label trading system is reasonably configured. 1st Trade will also offer institutional accounts to users according to the user's rating system, so that institutional accounts can be created independently of the trading system, and exchange depth information can be shared in real time.
Community incentives are the core function of tokens
The token platform will be designed with community incentives as a core function. In other words, First Trading will encourage community members based on a reasonable level of contribution to inspire community members to invite new members and to improve the function of online announcements; promote the development of decentralized society and the autonomy of foreign communities through the function of vertices; activate community members effectively through token prizes and various activities. The 1st Trading Team will complete multi-level reward and penalty mechanisms such as onchain cross-chain betting services, onchain incentive mechanisms and future trade contribution incentives.
First Trade Token (FRT)
FRT Abbreviation for first trade token. Token is the ERC20 standard and is the national currency of the first exchange currency. FRT supports project work and exchanges transactions with many crypto assets. As such, FRT is an important part of the entire TRADE ecosystem. FRT can be used in various exchanges and other wallets such as Myetherwallet, Metamask, etc.
General Token Information : 500,000,000 FRT
Tutup Hard ROCKET UP: $ 6 300 000
Rocket Launch: 105,000,000 FRT
Subscription Price: 1 FRT = 0.06USD
Number of first round: 30 000 000 FRT
Selling price of private property
Selling price of private property
1: 1 FRT = 0,054 USD,
level 2: 1 FRT = 0,042 USD,
level 3: 1 FRT = 0,03 USD
Subscription Blocking Period: None.
Release Time: November 26 2019 1:59:59 night (HKT)
Available Exchange Tokens: Only
типтокена USDT: ERC 20
Распределение токенов:
Распределение токенов:
20% project support, various operations and team incentives.
10% marketing, PR, gift company.
15% is a legal aspect.
21% - sales.
34% -DoSS production
roadmap
in the fourth quarter of 2019,
the Lofting function with static prizes for
transaction costs was deducted by
issued FRT tokens
the Lofting function with static prizes for
transaction costs was deducted by
issued FRT tokens
in the first quarter of 2020,
after activating the "Attic Chain" function, will launch "POS chain management"
after activating the "Attic Chain" function, will launch "POS chain management"
in 2020, the second In the
first quarter , the creation of the
POC Consensus from the First Trading Fund will go to
the fund's website in the first transaction, so that community members can receive a
POC to reward them for their contribution.
The consensus that drives the POC is published in
first quarter , the creation of the
POC Consensus from the First Trading Fund will go to
the fund's website in the first transaction, so that community members can receive a
POC to reward them for their contribution.
The consensus that drives the POC is published in
fourth quarter 2020.
Inflation and autonomy deflation is
complete. POC + POS consensus traders
can provide stable coins for the FRT insurance system
Inflation and autonomy deflation is
complete. POC + POS consensus traders
can provide stable coins for the FRT insurance system
in the second quarter of 2021 through a cross chain
.
Stable Currency Chain Insurance
.
Stable Currency Chain Insurance
in 2022, the third quarter
of mortgage loans available in the chain
on the chain loan lending system
as payment gateway implementation in Indonesia
Encryption second quarter of 2023 and currency exchange legal payment
currency Fiat encryption and a trusted gateway
of mortgage loans available in the chain
on the chain loan lending system
as payment gateway implementation in Indonesia
Encryption second quarter of 2023 and currency exchange legal payment
currency Fiat encryption and a trusted gateway
2023 fourth
Provides a public API for the FRT chain every quarter , allowing
the third Audit and cleanup service provider to provide certificate data to all community members
for cleaning and validation in the chain.
Provides a public API for the FRT chain every quarter , allowing
the third Audit and cleanup service provider to provide certificate data to all community members
for cleaning and validation in the chain.
Conclusion
Behind the platform is an experienced, strong and diligent development team with years of experience in the blockchain industry, banking system, etc. Therefore, they use various innovative technologies in their development. By using this technology, it can be imagined that the frequency corresponding to the server system reaches 50,000 / TPS while growing at maximum speed. The platform has been using this system for 1.5 years. During this period, there were no problems with the internal operating system, risk management system, finance, etc.
For more information about First Trade, please click the link below:
For more information about First Trade, please click the link below:
Website: https: //www.1strade.io
White Paper: https://www.1strade.io/doc/FRT-en.pdf
Twitter: https://twitter.com/1stTrade1
Facebook: https: // www .facebook.com / 1strade
Linkedin: https://www.linkedin.com/company/1strade
Telegram: https://t.me/FirstTradeOfficial
Medium: https://medium.com/@1stTrade
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5201001
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