Today, let us all learn and experience together all about ALL-STOCKS . If you don’t know anything about them, don’t run away, that’s why I’m here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it’s best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.
I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind ALL-STOCKS”. If the team behind the product or service in question haven’t the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:
Who are the people/team behind this?
What experience and knowledge do they possess?
Okay, so, because I’ve already done all the research needed beforehand and thoroughly ALL-STOCKS. I can very happily confirm that this company has a fabulous team onboard. Here they are:
FEATURES OF ALLSTOCKS PLATFORM
Ethereum Blockchain: Allstocks chose ethereum blockchain because it decouples mining rewards from transactions between the system’s participants. In simple terms, Ethereum denotes mining rewards as Ethereum gas, a price paid to carry out transactions on Ethereum, while asset-backed tokens are made a part of the mining process.
Ethereum Mining: Ethereum miners solve some cryptographic puzzles so as to win Ether, a crypto token that helps the system to run smoothly. Ether also enables developers in the Ethereum network to pay for fees and services.
Cryptocurrency Tethered Token (CTTs): Cryptocurrency Tethered Token are asset-backed tokens that represent real financial assets that are held in the ALLSTOCKS system. ALLSTOCKS plans to support all fiat currencies and all financial instruments. The plan to add more assets in the future has been in place.
Fiat Currencies: ALLSTOCKS will support many internationally tradable fiat currencies. These fiat currencies include USD, EUR, GBP, RUB, CNY, JPY, and more. More fiat currencies will probably be supported in the future as the exchange gets its needed world popularity.
Money Market Instruments**: ALLSTOCKS will offer stable low-yield assets. Investors will be able to buy tokens tethered to US Treasury Bills. When it is done, the implication is that dividends and interests will keep accruing until real financial assets mature.
Dividends and interests, if present, will be given to current CTT holder as fiat CTT. The effort made in developing ALLSTOCKS is a continuous one, so in the future, more financial institutions will be incorporated into the network, and financial instruments will be enhanced to support the newly added financial institutions.
Regulation Compliance: Because CTTs can also be embedded to meet certain regulations because they can be programmed. We all know that fiat cannot be restricted, however, the buying and resale of other financial assets must be restrained by country-based geography. If this is achieved, then they will be fully compliant.
Escrow Account: All financial assets used in the network will be held by an escrow account on behalf of ALLSTOCKS issued CTTs.
Off-chain activities require the oversight and input of authorized regulators because a large component of the system will be off-chain. It is important that stakeholder interaction will be opened and well-managed to ensure full compliance without sacrificing reliability and transparency of the whole system.
Assets Explorer: This Shows the underlying assets with full transparency and ease, allowing any user to explore the relation between issued Cryptocurrency Tethered Tokens to its real asset.
ICO AND TOKEN DETAILS
Total tokens supply: 50,000,000 AST tokens.
In current sale AllStocks will allocate 25,000,000 AST tokens. Sale is split into three stages each with reduced exchange rate that represents an early investment bonus.
June 16 — June 30 (Stage three): 500 AST = 1.00 ETH (No Bonus)
Public Crowdsale End: June 30
Finish Token Distribution: July 15
Start Trading: July 31
HARD CAP: 25,000,000 AST
SOFT CAP: 2,500,000 AST
I hope you have enjoyed today’s review and my company along the way. Thanks for taking the time and will hopefully see you all in the next one.
For more information, please visit:
Website : https://all-stocks.net/
Telegram Group: https://t.me/all_stocks_ico
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3177904.1820
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=3210865.0
Author : funkyies
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1971452