The Future of Global Markets is about to CHANGE Website: https://all-stocks.net/ |
The main stakeholders in the ALLSTOCKS Network are users, who wish to derive all the benefits that come with Blockchain technology and cryptocurrencies. These benefits include, but not limited to: low remittances, secure transactions and instant transfers. To meet the need of all stakeholders, it is expedient to transition the traditional financial instruments to the blockchain. To this end, tethered tokens, tokens with fiat currency backing, have to be minted with underlying assets that they represent. If this strategy is employed, tethered tokens can be used to denote currencies and commodities.
SYSTEM ARCHITECTURE
- Cryptocurrency Exchanges
The cryptocurrency exchanges will play a critical role as they provide users with digital wallets and fiat currency accounts in their local currencies. Well, these services aid users to buy, transmit and sell such cryptocurrencies as well as provide the needed framework for users to convert cryptocurrencies to fiat currencies and vice versa.
- Tethered Tokens
Well, tethered tokens are necessary to create traditional tokens with real financial assets backing. Also, for every traditional asset held on the Blockchain, the token is minted. This, in turn, ensures that whenever these underlying assets are sold, the token is automatically destroyed.
- Transfer of Ownership
Upon issuance of tethered tokens, all the underlying assets can be traded with matching cryptocurrencies. The steps of performing this operation are outlined below:
- User sends fiat currency to the stamper
- The stamper Okays and returns the ALLSTOCKS tethered token.
- User can trade or hold those ALLSTOCKS tethered tokens.
- Then, the user redeems his tokens.
- Finally, the stamper sends fiat currency to user’s account.
- Fees
Fees always apply whenever digital and traditional assets are transferred, and these fees must be accounted.
- Regulation
Any on-chain transaction that is used to denote an off-chain transfer of ownership must be managed accordingly and will also satisfy both local and foreign regulations.
HOW IT WORKS
- Buy AllStocks Token
A Real asset in the real world backs this special issued token,, it can be stock, bond, future or any other tradable asset. AllStocks will hold this asset in a trusted, transparent, open and regulated manner. The token value will always be matched to real asset value as it can be liquefied at any time.
- Trade your backed Tokens
All issued tokens are compatible with ERC20 standard, which means you can trade it anywhere and anytime on all Crypto Exchanges. You can invest in other AllStocks backed token and build your perfect portfolio. Cutting down all middle man fees and broker/banks payments.
- Liquefied your tokens
At any given time, you can liquefy your tokens on AllStocks trading Platform. The platform will then burn the token and transfer the asset or it’s equal market value back to your account.
Visit to: http://all-stocks.net/#how
All-Stocks Network ROAD-MAP
Q4 2016
Ideation of All-Stocks concept, project plan elaboration
Q1 - Q2 2017
Preparation and start designing All-Stocks Network prototype
Q3 - Q4 2017
Development of All-Stocks Network trading prototype and core platform infrastructure
Q1 - Q2 2018
Preparation and start of crowdfunding via Token Generation Event
Q3 - 2018
End development core platform infrastructure including interface API
Q4 - 2018
Brokerage and major stock exchanges integration, launch production level trading application
Q1 - 2019
Beginning of worldwide marketing campaign
Q2 - 2019
Continuous stock exchanges and brokerage integration worldwide
All-Stocks Core Team
For details: http://all-stocks.net/#team |
TOKEN SALE
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.
- Token Distribution
Read more on WHITEPAPER (click)
AST Token prices
April 15 – April 30 (Stage one): 625 AST = 1.00 ETH (25% Bonus)
May 1 – June 15 (Stage two): 550 AST = 1.00 ETH (10% Bonus)
June 16 – June 30 (Stage three): 500 AST = 1.00 ETH (No Bonus)
Token Sale Timeline
- Announcement: March 1
- Public Presale Start (Stage 1): April 15
- Public Presale End: April 30
- Public Crowdsale Start (Stages 2 & 3): May 1
- Public Crowdsale End: June 30
- Finish Token Distribution: July 15
- Start Trading: July 31
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AllStocks Office:
Ramat-Gan (Tel-Aviv Area), Israel
33th Jabotinsky St,
1st Twins Tower, 11th floor
Tel – 073-7328345
Email: Support@All-Stocks.net
Web: All-Stocks.net
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By: ekowkow
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1681154
ETH Address: 0xda0f3368664670213A6f841173d7b24a08CF5E24
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