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18 October 2017, Zug Switzerland – A whole ecosystem of banks, advisors, markets, and record keepers are extracting enormous fees and can be disintermediated and commoditized by more efficient peer to peer blockchain platforms.
trade.io is also introducing its pioneering peer-to-peer trading platform, where participants can share in the profits of the exchange. trade.io P2P participants will be able to purchase TradeTokens or “TIO” through their e-wallet or in our upcoming utility token ICO to participate in the forthcoming liquidity pool and potentially receive pro-rata daily disbursements of up to 50% of the pool’s profits based on performance. This P2P shared liquidity pool, in which participants share in the pool’s performance will be innovative and unique to the industry. Ultimately, the transactional records of the liquidity pool participation will be blockchain based as well.
Jim Preissler, CEO of trade.io stated “this is not just about distributed technology… it’s about distributed wealth through our peer-to-peer shared liquidity pool. We intend to seed the liquidity pool with approximately $50 million cash, as well as 50 million TradeTokens. All participants will share 50/50 from our seed contribution as well. The time has come where people take back control of capital markets and reject the status quo.”
Ultimately, trade.io will be a trading platform for not only crypto assets but also Forex and CFD’s over precious metals, oils, commodities, index’s and global equities and any number of potential assets.
The company is now offering up to 275 million TradeTokens, which are available to purchase via pre-ICO from 7 November 2017 to 21 November 2017, with the ICO occurring 22 November 2017 to 29 November 2017.
Please visit trade.io to sign up for information on our upcoming ICO.