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Hi Maverick555__, you're not shadowbanned, but 14 of your most recent 100 comments/submissions were removed. They may be removed automatically by spam filters and not necessarily by human moderators.
Submission in freemoney, "Join Robinhood with my link and we'll both get a stock valued somewhere between $2.50 and $200 for free. Simply open up an account. No deposit required.", 1pts (10 Oct 19)
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Submission in ethereum, "Paxos just released a new ERC-20 token called Pax Gold. This looks exciting.", 8pts (06 Sep 19)
Comment (1pts) in ethereum, "Introducing StablecoinSwap - swap stablecoins without...", (25 Aug 19):
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Comment (1pts) in personalfinance, "45K in loan debt, unemployed soon, poor family. Lost all...", (24 Aug 19):
I feel you. I lost my job and went through a similar situation. Ended up going through bankruptcy. I had sold nearly everything I owned on eBay to get by. So filing was stupid simple. I had around 30k...
Comment (1pts) in personalfinance, "45K in loan debt, unemployed soon, poor family. Lost all...", (23 Aug 19):
I feel you. I lost my job and went through a similar situation. Ended up going through bankruptcy. I had sold nearly everything I owned on eBay to get by. So filing was stupid simple. I had around 30k...
Comment (1pts) in personalfinance, "45K in loan debt, unemployed soon, poor family. Lost all...", (20 Aug 19):
I feel you. I lost my job and went through a similar situation. Ended up going through bankruptcy. I had sold nearly everything I owned on eBay to get by. So filing was stupid simple. I had around 30k...
Comment (1pts) in FreeStuff, "Join moomoo App & open a brokerage account to trade stocks,...", (20 Aug 19):
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Submission in BATProject, "Are ads country specific?", 1pts (20 Aug 19)
Comment (1pts) in FreeStuff, "Join moomoo App & open a brokerage account to trade stocks,...", (20 Aug 19):
Make sure you use my link. Remember, you have 60 days to claim your free stock in the app under Me/Free Stocks. You can get an additional free stock/deposit bonus ($...
Comment (1pts) in FreeStuff, "We’ll both get $50 when you open a Chime bank account and...", (26 Jul 19):
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Comment (1pts) in Referral, "Check out ABRA and easily invest in 30 cryptocurrencies....", (25 Jul 19):
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Comment (1pts) in Bitcoin, "Tipping - THIS IS AMAZING! - Lighting Wallet", (25 Jul 19):
I like the [Cent.co](beta.cent.co) platform built on ETH. It has tipping built in.
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Episode 4 - AMA with Charles Hoskinson Nov 27, 2018

Q: The name of the company is changing to IOW?
A: We are going to leave the name IOHK, it’s a good name and a good brand. Logo is the same, the web site is gonna stay the same. So materially nothing physical will change about the company, just the legal axis of the company.
There was a series of regulatory and tax changes.
The tax Delta between operating abroad and operating domestically was so small that to us it made more sense to “onshore” meaningful components of our business
We'd like to start giving stock options to people and other incentive packages and so given that the dynamics of the business have changed in the regulatory environment has changed the tax environments has changed at this stage in our evolution as a company it makes sense for us to onshore and pull in to US.
Q: Can cryptocurrency feasibly outcompete existing mobile payment technology in Asia and Africa?
A: Yes and no. We already have got the great user experience, the issue is that this experience centralized and not private. That's why we have a Pan-African strategy with Cardano and that's what we focus on things like how do we get a million and half coffee farmers identified and things like how do we tokenize natural resources in Mongolia. And these types of things at the end of the day I think it's gonna be what drives adoption for these platforms.
Q: How do we grow the ecosystem to the point where we are no longer pegged to the price of Bitcoin and do you think it’s possible?
A: Bitcoin has absolutely nothing do with what we doing with Cardano and very little do with what Vitalik do with Ethereum etc.
There is structural reasons the marketplace for that. If you are trading of pairs with BTC and BTC goes down, it drugs anything down with that and also and also if that becomes the de facto pricing mechanism for everything. If Bitcoin loses its value even though relative to BTC you Satoshi’s value is the same - you Fiat value falls as whole market falls.
What will happen I think is when we have more sophisticated investments of financial instruments in the marketplace that the coupling will happen gradually over time. Other thing is we're gonna have a whole wave of instruments that are crypto like but will not be correlated with Bitcoin like security token for example.
Q: About advertisement for Cardano on TV and radio about Cardano’s benefits and how you would use advertisement to push Cardano forward?
A: I don’t think we will go on that road. The majority of our adoption efforts tend to be focused in the age category (18-30) and the easiest way of reaching them is to reach them through digital formats so you do that with Telegram groups, Facebook groups, you do that with podcasts like the intellectual dark web has a huge reach and so if you can intermingle with that you can end up getting millions of people and they also tend to be pretty proactive and you tend have a two-way conversation with these people so there's a different form of social engagement.
Q: About what countries in Africa IOHK is involved? Which countries is focusing and what projects are in which areas?
A: We have 52-country strategy for Africa. You have to have a balance of small to large. If you are looking to Ethiopia, for example, you have to have from 3 to 5 years time horizon probably to do anything significantly meaningful that’s going to generate revenue and large-scale adoption. In countries like Uganda Rwanda you’ll get a lot of opportunities to do things in horizon of 3 months to 6 months that are meaningful. It’s just gonna affect considerably smaller population. We are planning to do some pilots in the large countries and pilots in the small countries bearing through quickly and the larger countries basically gradually growing into meaningful adoption.
Q: How competitive do you think the Cardano is in the landscape of developing nations as opposed to other cryptocurrencies?
A: If you're gonna do business in developing countries it's about relationships it's not about technology the first thing you must do is establish credibility and relationships within the jurisdictions and basically prove that you're good actor and you want to do good things. We feel that you have to take projects systematically, methodically and you take think about whole puzzle, every piece of it. You can’t just do one or two and say - Okay, when we’ve done more than two let’s go encourage adoption. No, unless you have a pretty good story for all these things it’s not reasonable to see growth. That’s why I don’t worry too much about competitors. I just see a lot of noise right now in market place.
Q: What your childhood was like? Would be interesting to take a step back and to know about young Charles decided to study mathematics, this kind of stuff.
A: I tend not to get too much into my past but you know I grew up in Hawaii and I lived in this little town on the east side of Maui and I was a pretty precocious kid. I had a great childhood but that's a standard normal childhood that a lot of us have in life nothing special about me.
I think it's less meaningful where you came from and it's more meaningful when opportunities arrive in your life. What do you make of that chance? You get them. You know statistically you usually get one or two but basically more than that. And if you are clever you can put yourself into situations where you get a lot of them but just because you have those things doesn’t mean that you are automatically going to succeed. This is important to put yourself through some struggle, to have a lot of ups and downs, a lot of lumps and bumps and recognize great opportunities.
Q: What is Cardano’s “why” and what are some of the most difficult “how” problems?
A: If I wanted to summarize Cardano’s “why” , really what I wanna do is to build a financial operating system for those who don't have one. So “why” of Cardano is simply to try to offer a parallel step that is very different but interoperable with the legacy step of 21st century and propagate that step throughout developing world as the way that people can build something instead of top-down to the bottom up and it's a huge social experiment. The other “why” of Cardano is to say not only we can build financial operating system and get this to the developing world but then we can use the emergence of of this parallel economy as a great social experiment to see what happens when no one is in control and to see if you end up getting a better outcome than someone is in control.
In terms of the “how” that’s actually a lot easier because it’s just a matter of knowing first how to build good software and design good protocols.Everything you do you always have to think to yourself how do you avoid a cult of personality. And we must be vigilant to decentralize the execution of all the things we do whether that be the software development or the science, or the community management, or the use of funds all of these things have to come from a multi-modal, multi actor.
Q: How the ecosystem will evolve? What about other tokens on the settlement layer what role will be tokens play and kind of what is your vision for how this kind of size ecosystem will grow?
A: From a liability perspective and also just from a complexity perspective to separate these two and that's what we did conceptually with Cardano and the accounting lives in one layer that's SL it's the lower liability kind of looks like Bitcoin style layer and then the more complicated layers called CL and because we have them in layers you can actually have different philosophies and that's why we have the KVM and IELE and these types of things and we'll inevitably add more.
We created a way of making UTXO accounting and Ethereum style accounts interoperable with each other and we call that Chimeric Ledger's. Then we decided to extend the UTXO model so it has more capabilities so that you could actually use a smart contract language on top of so you have richer scripting now these two things together give you a very fertile environment for a multi asset ledger that actually has real good behaviors behind those assets whether it be a security token or ERC 20 style token or maybe a more sophisticated token and then add in Marlow in Plutus.
What Cardano is going to evolve to in 2019 and we're already starting to see a lot of these core components solidify this will have the extended UT EXO model, will have Chimeric Ledger's notion, sidechains, Ouroboros will be fully activated then we'll start wiring on NPC to he ledger and that NPC will allow you to do a lot of cool off chain things including up to decentralized exchange at some point and you'll be able to issue all kinds of cool assets on the system so our hope is eventually to have a multi asset system.
Q: Charles, after you're done with the Cardano Project in 2020 what are your plans for the future I know you've touched on it in the previous AMAs but has anything changed on your perspective?
1:04:19 A: My hope would be to take a step back and enjoy my ranch and basically looking to more agricultural and artistic endeavours. Although I really would like to still do some things in mathematics. I'm quite interested in Homotopy Type Theory
Q: With all flavours of Ouroboros coming out kinda what is in game?
I would like to add on this question
How do you decide which priorities you take? Which part of Ouroboros you will improve on next and how will these different versions of Ouroboros play together?
A: They are really three research phases for Ouroboros. The first phase was a theory phase which was saying - “Do we even understand what the hell we are trying to do?
The second phase of research is all about practicality and it's all about basically turning it into a production system in incumbent and hat also the stake pool research that we did and the incentives research we did out of Oxford.
But the third phase is all about getting to millions and billions of users and it's all about scalability so that’s the concept of “Can we make these systems scale as we gain more users?” So that requires better protocols and we’re starting to see the emergence of those things like parallel chains for example and the side chain research agenda and at some point those two things will converge and Ouroboros Hydra will be released now along the way you're gonna see all these other flavors of Ouroboros, like Ouroboros BFT or Ouroboros that specializes in privacy preservation and maybe Ouroboros Cronos.
Q: How hard is it to learn high school Haskel, Plutus or Marlowe for developers that are used to C++, C sharp, VB, Java? Do they need to be engineers to develop? Are they going to need to wait for a compiler to translate from Java, Solidity, C++ to Haskel, Plutus or Marlowe and how they can teach their team to develop with these new languages?
A: Well the whole point of the project is to use the tools you've know and love and not be forced to use tools that are exotic to you so IELE is all about saying if you're a Java developer be a Java developer and don't worry so much about Plutus or Haskell.
Q: Can the market cap of cryptocurrencies ever get so high and the liquidity so good that the interoperability between different layers is so fluid that speculative trading can basically disappear?
A: No. Next question.
Q: Do you think Cardano or maybe blockchains in general will ever have a place in “true voting system”? For example, elections?
A: When we are thinking about the voting system it's not necessarily just about picking particularly candidate it’s about an ability within any organization or institution to express your opinion safely. One of the magic of these blockchain systems is that they allow you to orchestrate very secure high fidelity elections that preserves privacy but still guarantee that the right members actually can participate and only the right members can participate. So yes I think voting systems are tremendously important and their development is vital for republic or democracy to function well. Or for us to make decisions well or to express ourselves well. I think that’s probably still makes blockchain the most valuable invention of the 21st century.
Q: Everyone is wondering with the crashing market. Is IOHK, EMURGO and the Cardano foundation are they solving, do they have enough money to continue operations?
A: We are doing reasonably well and comfortably well and the best days are definitely ahead of us.
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Removed comments/submissions for /u/Maverick555__

Hi Maverick555__, you're not shadowbanned, but 8 of your most recent 30 comments/submissions were removed. They may be removed automatically by spam filters and not necessarily by human moderators.
Comment (1pts) in personalfinance, "45K in loan debt, unemployed soon, poor family. Lost all...", (20 Aug 19):
I feel you. I lost my job and went through a similar situation. Ended up going through bankruptcy. I had sold nearly everything I owned on eBay to get by. So filing was stupid simple. I had around 30k...
Comment (1pts) in FreeStuff, "Join moomoo App & open a brokerage account to trade stocks,...", (20 Aug 19):
Make sure you use my link. Remember, you have 60 days to claim your free stock in the app under Me/Free Stocks. You can get an additional free stock/deposit bonus ($...
Submission in BATProject, "Are ads country specific?", 1pts (20 Aug 19)
Comment (1pts) in FreeStuff, "Join moomoo App & open a brokerage account to trade stocks,...", (20 Aug 19):
Make sure you use my link. Remember, you have 60 days to claim your free stock in the app under Me/Free Stocks. You can get an additional free stock/deposit bonus ($...
Comment (1pts) in FreeStuff, "We’ll both get $50 when you open a Chime bank account and...", (26 Jul 19):
Sign up with this link
No minimum balance. No overdraft. No monthly service fees. No foreign transaction fees. No fees at 38,000+ MoneyPass & Visa Plus Alliance ATM...
Comment (1pts) in Referral, "Check out ABRA and easily invest in 30 cryptocurrencies....", (25 Jul 19):
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Comment (1pts) in Bitcoin, "Tipping - THIS IS AMAZING! - Lighting Wallet", (25 Jul 19):
I like the [Cent.co](beta.cent.co) platform built on ETH. It has tipping built in.
Comment (1pts) in Bitcoin, "I need alerts for bitcoin dominance. Suggestions?", (25 Jul 19):
I’d just setup an sms or email alert on trading view.
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Jim Preissler, CEO AMA Session On Telegram, Friday 13 July 2018 - Everything!

For those of you who like to go through everything in their correct order to get context, here is the full AMA from beginning to end. Knock yourself out.

Jim Preissler, [14.07.18 00:01]
Hi everyone
Scarlet ~ trade.io Admin, [14.07.18 00:01]
[In reply to Henry]
The first 1000 will receive email either on 16 or 17, but before exchange actually launch.
Dustin McDaniel, [14.07.18 00:01]
Jim in the house! ??
Crypto Bling, [14.07.18 00:01]
Hi jim
trade.io, [14.07.18 00:01]
Hello Jim!
Scarlet ~ trade.io Admin, [14.07.18 00:01]
[ GIF ]
TSas, [14.07.18 00:01]
Hello Jim
S Aggarwal, [14.07.18 00:02]
Hello jim
Satish, [14.07.18 00:02]
Wassup man!
Jim Preissler, [14.07.18 00:02]
Been busy getting ready for the launch and signing some more partnerships for us
Hiro S, [14.07.18 00:02]
Hi Jim
Jim Preissler, [14.07.18 00:02]
Good morning / afternoon / evening / go to bed to all of you!
Dustin McDaniel, [14.07.18 00:03]
[In reply to Jim Preissler]
[ GIF ]
Le Tai, [14.07.18 00:03]
Hi Jim
Jim Preissler, [14.07.18 00:03]
[In reply to Dustin McDaniel]
yeah, thats exactly how I feel
Ro$€, [14.07.18 00:04]
Nice to hear the new partnerships
S Aggarwal, [14.07.18 00:05]
Hey
S Aggarwal, [14.07.18 00:05]
Jim can u tell me which all coins will be listed intialy??
Jim Preissler, [14.07.18 00:06]
[In reply to S Aggarwal]
Initial will be the basic, big coins, but then will roll out a ton after, especially ERC20
Jim Preissler, [14.07.18 00:06]
Have a bunch of listings and ICO clients that will come out quickly as well
trade.io, [14.07.18 00:06]
Hi Jim, here's a question and a suggestion from Phil(@PhilWall10):
  1. When the calculator will be available for the lp pool?
  2. I would like to see a 1% bonus for the first day that the exchange is Trading ,just for investors that held over 25,000 Tio's something like that would be nice.
Zeep, [14.07.18 00:06]
hi Jim
S Aggarwal, [14.07.18 00:07]
[In reply to Jim Preissler]
I am asking for those 10 basis ones
Jim Preissler, [14.07.18 00:07]
[In reply to S Aggarwal]
is there a particular one that you are driving towards?
S Aggarwal, [14.07.18 00:07]
Eos
S Aggarwal, [14.07.18 00:07]
Xrp
Paul Johnson -trade.io, [14.07.18 00:08]
I can help out here, as the list came up a short time ago:
BTC - Bitcoin
BCH - Bitcoin Cash
ETH- Ethereum
LTC - Litecoin
TIO - TradeToken
USDT - May be available right at launch or at the very least within 2-3 days following launch
TSas, [14.07.18 00:08]
Jim, here's a question: What are the plans with FX Primus?
Jim Preissler, [14.07.18 00:08]
[In reply to S Aggarwal]
Both those require testing, ERC20 will be sooner
S Aggarwal, [14.07.18 00:08]
[In reply to Jim Preissler]
K
Dustin McDaniel, [14.07.18 00:09]
Jim, Can you speak any on the progress with regards to regulations in the various jurisdictions? Which jurisdictions is trade.io currently focusing on, or which is top priority at the moment?
S Aggarwal, [14.07.18 00:09]
Also can u please tell me approx figures u have earned out of ico consultantancy..? Just to have a idea about profit in ico
S Aggarwal, [14.07.18 00:10]
Also what is your status for regulatory licences??
Jim Preissler, [14.07.18 00:10]
[In reply to Dustin McDaniel]
Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well
HODL Droid, [14.07.18 00:10]
[In reply to Dustin McDaniel]
Same question + will TIO be tradeable with other comodities listed under FX Primus ?
Jimmy Choo, [14.07.18 00:10]
Hello, Jim.
My question is : After the exchange has been launched, how is the price movement of TIO in the future?
S Aggarwal, [14.07.18 00:10]
Are u also acuiring one for india??
Ro$€, [14.07.18 00:10]
I want to ask when can we have the new Roadmap?
S Aggarwal, [14.07.18 00:11]
[In reply to S Aggarwal]
@JimPreissler
Scarlet ~ trade.io Admin, [14.07.18 00:11]
Lets hold until Jim clears these questions.
Jim Preissler, [14.07.18 00:12]
[In reply to Jimmy Choo]
you tell me
Ro$€, [14.07.18 00:12]
[In reply to Jim Preissler]
:))
Jim Preissler, [14.07.18 00:12]
[In reply to S Aggarwal]
India is unclear as to regulations right now
Jim Preissler, [14.07.18 00:12]
[In reply to Ro$€]
After exchange and LP launches
Le Tai, [14.07.18 00:13]
When exchange platform support fiat? Thank you
Jim Preissler, [14.07.18 00:13]
[In reply to HODL Droid]
@biggiepaul will get back to you
S Aggarwal, [14.07.18 00:14]
[In reply to S Aggarwal]
@JimPreissler please answer this as well
Jimmy Choo, [14.07.18 00:14]
[In reply to Jim Preissler]
Do you not have any estimation for it?
Jim Preissler, [14.07.18 00:14]
[In reply to Le Tai]
soon, there is no regulatory issue, just want to scale into features
Paul Johnson -trade.io, [14.07.18 00:14]
[In reply to HODL Droid]
Most likely not, as its a crytpo asset so it will be traded against other cryptos.
Ro$€, [14.07.18 00:15]
[In reply to Jim Preissler]
Can you clearer on that? Will we have connect with bank account, convert directly into fiat?
S Aggarwal, [14.07.18 00:15]
@JimPreissler what is the ETA for decentralised exchange??
Hai Nguyen, [14.07.18 00:15]
Hi Jim, could you tell me when LP will full launch? After 30 days of exchange? And the profit of LP will count from the 1st day of exchange launch?
Morbidus, [14.07.18 00:16]
Will Trade.io move to comply with the SEC and other regulatory bodies worldwide as they ask for information on customer protections, etc?
TSas, [14.07.18 00:16]
[In reply to TSas]
Answer pls Jim
Paul Johnson -trade.io, [14.07.18 00:16]
Guys, kindly hold off on the rapid fire q's, pls let Jim answer one at a time
Jim Preissler, [14.07.18 00:16]
[In reply to Hai Nguyen]
profit starts immediately, LP will launch after 30 days
Hai Nguyen, [14.07.18 00:17]
[In reply to Jim Preissler]
Full launch or Beta launch?
Paul Johnson -trade.io, [14.07.18 00:17]
[In reply to Jimmy Choo]
Impossible to know, however, we are actively exploring moving TIO to exclusively to be traded on trade.io exchange and delist from other exchanges, for more control over price manipulation.
Jim Preissler, [14.07.18 00:17]
[In reply to Morbidus]
Already started, meetings already happening. We will do what we can to eliminate insider trading, wash trading, bots, fake volumes, all the bad things that hurt customers and plague other exchnges
Paul Johnson -trade.io, [14.07.18 00:18]
[In reply to S Aggarwal]
There is no ETA at this time, we're fully focused on making sure we have a flawless centralized exchange and execute on the liquidity pool.
Jim Preissler, [14.07.18 00:18]
[In reply to Hai Nguyen]
there is no more beta, full launch is next week
Dustin McDaniel, [14.07.18 00:18]
[In reply to Jim Preissler]
????
Hai Nguyen, [14.07.18 00:19]
[In reply to Jim Preissler]
I mean the about the LP
Morbidus, [14.07.18 00:19]
[In reply to Jim Preissler]
great thanks
Crypto Bling, [14.07.18 00:19]
[In reply to Jim Preissler]
Sweet????
Tommy Vu, [14.07.18 00:19]
[In reply to Jim Preissler]
??????
Jim Preissler, [14.07.18 00:19]
[In reply to Hai Nguyen]
profits start accumulating next week
Ro$€, [14.07.18 00:19]
[In reply to Paul Johnson -trade.io]
Whats solution in the future to avoid sth like Bitforex?
S Aggarwal, [14.07.18 00:19]
@JimPreissler will Tio offer margin trading??
" Not giving away CS, CAS and TIO", [14.07.18 00:19]
When 1 tio
Zeep, [14.07.18 00:19]
how much coin exchange?
Jim Preissler, [14.07.18 00:19]
[In reply to Ro$€]
they picked us up on their own
S Aggarwal, [14.07.18 00:20]
And What about futures and options (F&O)[email protected]
Jim Preissler, [14.07.18 00:20]
[In reply to S Aggarwal]
We will, working with risk mgmt to get it structured
Paul Johnson -trade.io, [14.07.18 00:20]
[In reply to Ro$€]
Impossible to prevent a supposed decentralized exchange from listing TIO
Jim Preissler, [14.07.18 00:20]
[In reply to S Aggarwal]
Talking to some vendors specifically about this as possible partners
Jimmy Choo, [14.07.18 00:20]
[In reply to Paul Johnson -trade.io]
Thank you, Jim.
Hope exchange is a hit. ??
Paul Johnson -trade.io, [14.07.18 00:21]
[In reply to Hai Nguyen]
LP not sooner than 1 month following exchange launch
Paul Johnson -trade.io, [14.07.18 00:21]
[In reply to Jimmy Choo]
It will be unlike anything anyone has seen yet.
Dustin McDaniel, [14.07.18 00:21]
[In reply to Jim Preissler]
Maybe question is about the launch only being for 1000 people. Is LP being targeted launching 30 days after July 17th? or after it is fully available unlimited>
S Aggarwal, [14.07.18 00:21]
@JimPreissler will Tio have algo trading??
Zeep, [14.07.18 00:21]
jim. how much coin exchange?
Jim Preissler, [14.07.18 00:22]
[In reply to Dustin McDaniel]
the limitation to 1000 is not really for technology reasons, its more to allow customer support to get feet under them before we pummel them
Hiro S, [14.07.18 00:22]
Jim, I know this a tough one, but there is a lot of specuative thoughts around what LP will share when it starts, and I saw way too optimistic, in my view. Today, the expectation of nothing will be distributed on the first month and lots will be distributed that will make TIO moon are two events of equal probability, at least for me. Can give us a better directions that any of this outcome is not a 50/50 probability? Or being more direct, how much can we expect from LP daily payouts in the first month? Nothing at all? Something more than current airdrops program? Or much more than current airdrops? thank you.
Jim Preissler, [14.07.18 00:22]
[In reply to S Aggarwal]
talking to a partner on that currently as well
Hai Nguyen, [14.07.18 00:22]
[In reply to Jim Preissler]
I mean which version of LP will launch after 30 days of exchange full launch? Beta version LP or full version LP? I see the new road map on trade.io website, it has beta LP.
Paul Johnson -trade.io, [14.07.18 00:23]
[In reply to Hai Nguyen]
there is only a full version of LP, there is no beta version of LP
Zeep, [14.07.18 00:23]
jim. how much coin list on exchange?
Dustin McDaniel, [14.07.18 00:23]
[In reply to Jim Preissler]
Fantastic
S Aggarwal, [14.07.18 00:23]
@JimPreissler just a confirmation that u have wavied trading fee but we will get other income like spread in lp for 17 july to 17 aug (30 days after launch)??
Crypto Bling, [14.07.18 00:23]
[In reply to Jim Preissler]
Nice????
Jim Preissler, [14.07.18 00:23]
[In reply to Hiro S]
The exchange needs to ramp and generate volume, then the LP will have meaningful distributions
Grimlock, [14.07.18 00:24]
[In reply to Paul Johnson -trade.io]
not sooner or not later?
Hai Nguyen, [14.07.18 00:24]
[In reply to Paul Johnson -trade.io]
??, thank you.
Paul Johnson -trade.io, [14.07.18 00:24]
[In reply to Dustin McDaniel]
Note, that its 1K on Day 1, looking to open up to many thousands, within only a few days following launch
Jim Preissler, [14.07.18 00:24]
[In reply to Zeep]
depends on volume and user base of the coin. send details to [[email protected]](mailto:[email protected])
TSas, [14.07.18 00:24]
Jim, what are the plans with FX Primus?
Paul Johnson -trade.io, [14.07.18 00:25]
[In reply to TSas]
Hey Tsas, i can help with that one.
Jim Preissler, [14.07.18 00:25]
[In reply to S Aggarwal]
correct, only trading fee waived initially
Paul Johnson -trade.io, [14.07.18 00:25]
[In reply to TSas]
The current initiative with FXP, is to accept TIO as a deposit method, then eventually allow TIO to be traded on the platform.
Ro$€, [14.07.18 00:25]
Which users will have profit from LP in the first 2 months? Only the first 1000? Any new formula to calculate
S Aggarwal, [14.07.18 00:26]
[In reply to Jim Preissler]
Thanks for confirmation
Paul Johnson -trade.io, [14.07.18 00:26]
[In reply to Grimlock]
Definitely not sooner, and might be later.
Dustin McDaniel, [14.07.18 00:26]
[In reply to Paul Johnson -trade.io]
Thank you, now knowing that is is limited release based mainly to help support team, it is a lot clearer.. Gives assurance that team is confident on the technology side
TSas, [14.07.18 00:26]
[In reply to Paul Johnson -trade.io]
?? thanks
Paul Johnson -trade.io, [14.07.18 00:26]
[In reply to Paul Johnson -trade.io]
No worries though, as revenue generated will be calculated from Day 1 of the launch
Jim Preissler, [14.07.18 00:27]
Obviously, the success of the LP is directly tied to success of exchange
Grimlock, [14.07.18 00:27]
[In reply to Jim Preissler]
and vice versa i suppose
Jim Preissler, [14.07.18 00:27]
[In reply to Dustin McDaniel]
People harder to scale then tech
Paul Johnson -trade.io, [14.07.18 00:27]
[In reply to Dustin McDaniel]
Correct, there is no level of training that can prepare support/finance, etc. once live users come through the door. This is not our first rodeo with running brokerages, so we understand its a completely different ballgame once the bright lights are on.
S Aggarwal, [14.07.18 00:28]
@JimPreissler will there be something which tells the days profit with its details for transperancy before lp launch?
Dustin McDaniel, [14.07.18 00:28]
[In reply to Paul Johnson -trade.io]
so, revenue generated to this point, through ICO consultancy, etc... is not included in LP? Only what is generated after exchange launch?
S Aggarwal, [14.07.18 00:28]
[In reply to Dustin McDaniel]
They said eariler it will be included
Ro$€, [14.07.18 00:28]
[In reply to Dustin McDaniel]
As i remember, it is included
Jim Preissler, [14.07.18 00:28]
[In reply to S Aggarwal]
There will be a LP distribution amount widget, but not promising that before LP launch
Paul Johnson -trade.io, [14.07.18 00:29]
[In reply to Dustin McDaniel]
I stand corrected, you're correct, ICO consultancy rev's will be included regardless when exchange launches.
Jim Preissler, [14.07.18 00:29]
[In reply to Dustin McDaniel]
its included
Dustin McDaniel, [14.07.18 00:29]
You guys ROCK!!
Crypto Bling, [14.07.18 00:29]
[In reply to Dustin McDaniel]
+1
Grimlock, [14.07.18 00:29]
????????????????????????????
Ro$€, [14.07.18 00:29]
Which users will get it and how?
Tommy Vu, [14.07.18 00:30]
[In reply to Crypto Bling]
??
Jimmy Choo, [14.07.18 00:30]
[In reply to Dustin McDaniel]
+10
Paul Johnson -trade.io, [14.07.18 00:30]
[In reply to Crypto Bling]
[ Photo ]
S Aggarwal, [14.07.18 00:30]
Is there any hardware wallet also as a gift from selfkey partnership??
S Aggarwal, [14.07.18 00:30]
Like airdrop
Jim Preissler, [14.07.18 00:30]
[In reply to S Aggarwal]
? not sure of Q
Ro$€, [14.07.18 00:31]
My question pls Jim
Hai Nguyen, [14.07.18 00:31]
How is about Blossom wallet?
Ro$€, [14.07.18 00:31]
[In reply to Ro$€]
..
S Aggarwal, [14.07.18 00:32]
Can u please tell security measures taken for exchange... As these days many exchanges are being hacked even the so called best exchange i.e. binance , bancor etc
Jim Preissler, [14.07.18 00:32]
[In reply to Hai Nguyen]
That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc.
Dustin McDaniel, [14.07.18 00:32]
[In reply to S Aggarwal]
And on that note....
Are there plans to provide insurance against hacking? If wallets get hacked is it guaranteed that owners will get all their tokens back? One suggestion is that part of the undistributed funds from the LP (due to tiers with percentages less than 100%) can be used to offer such insurance, If unnecessary...if not, could be retained by the company …Security is obviously of the utmost importance especially if trade.io is targeting institutional investors. This insurance would bring extra peace of mind.
Johnson, [14.07.18 00:33]
Jim, what measures will be taken to boost the trading volume of TIO token after launch of exchange. With liquidity pool, I think the volume might be very low as it is today
DeviLpaL ~ trade.io Moderator, [14.07.18 00:33]
Hold on guys. Let jim answer Q one by one
Hiro S, [14.07.18 00:33]
There was some thoughts that running costs would eat up the revenues that was already generated from consultancy arm that would left very few to be distributed. COuld you tell us this is not the case? And in general, costs to be subracted from LP is only direct costs that affects it, could you confirm that as well? thank you.
Jim Preissler, [14.07.18 00:33]
[In reply to S Aggarwal]
We have inhouse, outside team, cloudflare, fireeye, etc.
S Aggarwal, [14.07.18 00:34]
[In reply to Dustin McDaniel]
I think the undistributed profit (as for those having less than 100%) will add to profit of next day
Grimlock, [14.07.18 00:34]
[In reply to Jim Preissler]
the important question is still: in case of any hacking, are we guaranteed our tokens back?
Paul Johnson -trade.io, [14.07.18 00:34]
[In reply to Jim Preissler]
To elaborate, virtually all client assets are kept in cold storage as well.
Jim Preissler, [14.07.18 00:34]
[In reply to Dustin McDaniel]
We are lookng for ans on that, so I like the suggestion. Nothing definative yet
Dustin McDaniel, [14.07.18 00:35]
[In reply to S Aggarwal]
I believe any undistributed for the day would be retained daily
Ro$€, [14.07.18 00:35]
[In reply to Grimlock]
Agree, noone can say i am unhackable
Dustin McDaniel, [14.07.18 00:36]
[In reply to Jim Preissler]
Thank you
Paul Johnson -trade.io, [14.07.18 00:36]
[In reply to Ro$€]
There is no company in the universe that is "unhackable"
DeviLpaL ~ trade.io Moderator, [14.07.18 00:36]
Ro$€:
Which users will have profit from LP in the first 2 months? Only the first 1000? Any new formula to calculate
Jim Preissler, [14.07.18 00:36]
[In reply to Johnson]
if you look at the token economics of TIO, it is deisgned to be more like a berkshire hathaway than a high volume penny stock. The goal is to drive value, not volume. The more value we create, and with low float, this will be good for price
S Aggarwal, [14.07.18 00:37]
[In reply to Dustin McDaniel]
At the end what to do with it ...it will keep on accumulating .... Better to distribute
Jim Preissler, [14.07.18 00:37]
[In reply to Paul Johnson -trade.io]
We are not skimping in any areas or security, it is a high priority
S Aggarwal, [14.07.18 00:38]
[In reply to S Aggarwal]
I think jim should clarify on this
Ray Zhang, [14.07.18 00:38]
Any news about the license?
Ro$€, [14.07.18 00:38]
[In reply to Grimlock]
I would like to ask what the solution if that ever happens. For sure, i dont want it :) but i want to know
S Aggarwal, [14.07.18 00:38]
Do we have any security feature like bnt had to freeze [email protected]
Jim Preissler, [14.07.18 00:39]
[In reply to S Aggarwal]
what was the orig Q again :)
Hiro S, [14.07.18 00:39]
[In reply to Jim Preissler]
I definitely like that. ;)
S Aggarwal, [14.07.18 00:40]
[In reply to Jim Preissler]
The question is that... What will happen to the undistributed profit due to people having less than 100% profit share in lp??
S Aggarwal, [14.07.18 00:40]
[In reply to S Aggarwal]
@Guitarplyr
Dustin McDaniel, [14.07.18 00:40]
[In reply to Jim Preissler]
concerning undistributed LP profits, they do not roll over, correct? Retained daily by the company?
Soroush, [14.07.18 00:41]
Talking about licenses, Jim, can you tell us which one is your top priority? US, Swiss, FX?
Hiro S, [14.07.18 00:41]
[In reply to Jim Preissler]
I simpatize with this “insurance” would be also a nice promo tool on top of all top security measures and if security play its roles it will be an asset that company will have anyway.
Jim Preissler, [14.07.18 00:41]
[In reply to Ro$€]
We will xplore insurance and other things, but same ans for all of crypto, there is nothing like FDIC yet
Dustin McDaniel, [14.07.18 00:41]
[In reply to Dustin McDaniel]
Or put into seperate fund, to provide insurance, buy back and burn programs, etc... :)
Jim Preissler, [14.07.18 00:42]
[In reply to S Aggarwal]
cover down days is the main use
Jim Preissler, [14.07.18 00:42]
[In reply to Dustin McDaniel]
those can all be considered
Jim Preissler, [14.07.18 00:43]
[In reply to Soroush]
scroll up a bit
S Aggarwal, [14.07.18 00:43]
[In reply to Dustin McDaniel]
This will be nice i think first to set aside 10%profit for buy and burn Tio and to distribute 50-50 (i.e. 45% of total ) to mgt and lp
S Aggarwal, [14.07.18 00:43]
@JimPreissler
Dustin McDaniel, [14.07.18 00:43]
[In reply to Jim Preissler]
Its why I love this company, project, and vision so much
Ro$€, [14.07.18 00:43]
[In reply to Soroush]
U r bit late buddy
Hiro S, [14.07.18 00:45]
[In reply to Hiro S]
@JimPreissler can u comment on this pls. I think if LP is able to share good profits on first days that would be good marketing and this may possible because of accumulated revenues.
samy101, [14.07.18 00:45]
This is promising and time to buy more Tio’s.
Jim Preissler, [14.07.18 00:45]
[In reply to S Aggarwal]
too early to be planning or discussing buybacks at this point, most don't fully understand the long term ramifications of this anyway. Most crypto doing this haven't thought it all the way through, but that is discussion for another day
Den, [14.07.18 00:46]
Hello guys, hi Jim! Got a question about negative days for LP. I don't really understand how it can be, exchange should stop trading and other revenue streams should be off for that day?
Oliver, [14.07.18 00:46]
Are you guys familiar with Ian Balina? He was hinting to an exchange partnership in his last video. The company will sponsor his world tour and meetup. It is not binance so I was hoping it could be TIO haha
Oliver, [14.07.18 00:46]
*that's for Jim or BD
Johnson, [14.07.18 00:46]
Jim, regarding trading TIO on competitors exchange. Are there plan to get TIO de-listed from other centralized exchange? This is necessary to avoid price manipulation. Also, is it possible that these exchange refuse to de-list TIO when you request?
Ro$€, [14.07.18 00:47]
[In reply to Johnson]
Thats answered, up buddy
Jim Preissler, [14.07.18 00:47]
[In reply to Den]
There is risk making markets and providing liquidity
Jim Preissler, [14.07.18 00:48]
[In reply to Johnson]
They could refuse
S Aggarwal, [14.07.18 00:48]
[In reply to Oliver]
+1
S Aggarwal, [14.07.18 00:49]
@JimPreissler is that exchange he is saying TIO
Hugo Cruz, [14.07.18 00:49]
What r the rewards for someone the buys TIO now before launch of exchange?
S Aggarwal, [14.07.18 00:49]
[In reply to Hugo Cruz]
Capital gains
Scarlet ~ trade.io Admin, [14.07.18 00:49]
[In reply to Hugo Cruz]
Capital appreciation.
S Aggarwal, [14.07.18 00:49]
[In reply to Scarlet ~ trade.io Admin]
U are late
S Aggarwal, [14.07.18 00:49]
Haha
Scarlet ~ trade.io Admin, [14.07.18 00:50]
I know..
Hugo Cruz, [14.07.18 00:50]
[In reply to S Aggarwal]
Thats wut they said when bitcoin was 20k.
Ro$€, [14.07.18 00:50]
[In reply to DeviLpaL ~ trade.io Moderator]
One more time Jim :) Q still
Scarlet ~ trade.io Admin, [14.07.18 00:51]
[In reply to Hugo Cruz]
30 cents vs 20k, c'mon man.
Jim Preissler, [14.07.18 00:51]
[In reply to Oliver]
I am going to find that Bitconnect guy! BITTTCOONNNEECTTT!
S Aggarwal, [14.07.18 00:51]
[In reply to Johnson]
@JimPreissler please answer this
Oliver, [14.07.18 00:51]
[In reply to Jim Preissler]
hahahaha
Jim Preissler, [14.07.18 00:51]
[In reply to Ro$€]
We are only limiting to 1000 until customer service, and any other issues are under control
Leo Elias, [14.07.18 00:52]
[In reply to Jim Preissler]
[ ?? Sticker ]
Dmitry K, [14.07.18 00:52]
[In reply to Jim Preissler]
[ GIF ]
Dustin McDaniel, [14.07.18 00:52]
Are MEW or other wallets going to be integrated in such a way as to make it possible to be able to participate in the LP without having them on the exchange? If this is actually possible that is. Will Private Keys be made available to the holders of the wallets in trade.io?
Dustin McDaniel, [14.07.18 00:52]
[In reply to Jim Preissler]
??????
Oliver, [14.07.18 00:52]
[ GIF ]
Jim Preissler, [14.07.18 00:53]
[In reply to Johnson]
yes, we will try to pull down elsewhere. no guarantees they will do it though
S Aggarwal, [14.07.18 00:53]
[In reply to Dustin McDaniel]
It will make no sense for company. To share profit withour using assets
Ro$€, [14.07.18 00:53]
[In reply to Jim Preissler]
That was cleared up, but how to distribute the LP profits from Ico, which custumers? Or we need the formular till LP launched?
Dustin McDaniel, [14.07.18 00:54]
[In reply to S Aggarwal]
Asking mainly for other community members who are looking for answers from managment
S Aggarwal, [14.07.18 00:54]
[In reply to Dustin McDaniel]
Np
Jim Preissler, [14.07.18 00:55]
[In reply to Dustin McDaniel]
yeah, also not sure on security on that as well. May be part of hybrid DEX solution
Jim Preissler, [14.07.18 00:56]
[In reply to S Aggarwal]
And transaction fees would be high, since every transaction would be recorded on BC, cant really use ledger. Not ideal overall
Dustin McDaniel, [14.07.18 00:56]
Couple more questions from community members...
Are there any updates on the Angel Investors Program?
What roles do Kosmos, Plutus VC and Blockway Capital play in the Angels Investors Program?
Dustin McDaniel, [14.07.18 00:56]
[In reply to Jim Preissler]
Thank you for those answers
Jim Preissler, [14.07.18 00:57]
[In reply to Dustin McDaniel]
We are sending them deals to look at where they know we already did KYC, took a first pass, etc. They are also bring us deals to look at as well
Jim Preissler, [14.07.18 00:58]
couple more minutes, then going to lunch!
S Aggarwal, [14.07.18 00:58]
Will Tio place there own buy and sell orders toaintain liquidity??
Grimlock, [14.07.18 00:58]
[In reply to Jim Preissler]
one last question from me,
Grimlock, [14.07.18 00:58]
are you confident that we are all going to the moon?
Grimlock, [14.07.18 00:59]
??
Dustin McDaniel, [14.07.18 00:59]
[In reply to Grimlock]
??????
Satish, [14.07.18 00:59]
????????
S Aggarwal, [14.07.18 00:59]
[In reply to S Aggarwal]
@JimPreissler
Jim Preissler, [14.07.18 00:59]
[In reply to Grimlock]
how much trading are you going to do :)
Hiro S, [14.07.18 01:00]
[In reply to Hiro S]
@JimPreissler can comment on that pls, thank you.
Soroush, [14.07.18 01:00]
Jim, will we have any kind of voting system for new coin listings?
Can you tell us anything about your plans on how new listings will be done? Would TIO owners have any privileges over others?
Jim Preissler, [14.07.18 01:00]
[In reply to S Aggarwal]
We will keep risk low initially, but over time us and outside (insitutional) providers will be doing this
Grimlock, [14.07.18 01:00]
[In reply to Jim Preissler]
am just going to hold. buckle up and sit tight. is that alright with you?
S Aggarwal, [14.07.18 01:00]
[In reply to Jim Preissler]
Very less ... As i am all in in TIO and now dont have any penny to trade
Jim Preissler, [14.07.18 01:01]
[In reply to Hiro S]
You mean operations??? No that is covered from our 50%
Dustin McDaniel, [14.07.18 01:01]
Any fear that the initial 1000 will be doing no trading since they are loyal TIO holders, and all-in already? ??????
S Aggarwal, [14.07.18 01:02]
[In reply to Dustin McDaniel]
Yes????
S Aggarwal, [14.07.18 01:02]
[In reply to S Aggarwal]
.
Hiro S, [14.07.18 01:02]
[In reply to Jim Preissler]
ok, it is clearer now. thank you.
Jim Preissler, [14.07.18 01:02]
[In reply to Dustin McDaniel]
then we add more
Leo Elias, [14.07.18 01:03]
Uscitizen when ?
Jim Preissler, [14.07.18 01:03]
[In reply to Hiro S]
An "expenese" would be an affiliate commission or something like that, not operations
Jim Preissler, [14.07.18 01:04]
[In reply to Soroush]
we are not looking to limit coins by any means, just need a controlled process to roll them out
Hiro S, [14.07.18 01:04]
[In reply to Jim Preissler]
understand even better now. :)
S Aggarwal, [14.07.18 01:04]
[In reply to Jim Preissler]
Good... So approx how many coins before lp launch??
Jim Preissler, [14.07.18 01:04]
[In reply to Leo Elias]
hopefully soon, been talking to FINRA and SEC
Jim Preissler, [14.07.18 01:05]
[In reply to S Aggarwal]
We will get to EOS and XRP pretty soon :)
S Aggarwal, [14.07.18 01:05]
Haha
S Aggarwal, [14.07.18 01:06]
[In reply to Jim Preissler]
I want others too as have economic interest via lp
Jali, [14.07.18 01:06]
[Forwarded from .]
Ok Tnx
Got it
Leo Elias, [14.07.18 01:06]
[In reply to Jim Preissler]
[ ?? Sticker ]
Dustin McDaniel, [14.07.18 01:06]
[In reply to Jim Preissler]
????
Johnson, [14.07.18 01:07]
I Missed response on licenses, can someone please repost?
S Aggarwal, [14.07.18 01:07]
[In reply to S Aggarwal]
@JimPreissler any estimate
Ro$€, [14.07.18 01:08]
Any plan that we can store Tio in hardware wallet like Ledge Nano?
Jim Preissler, [14.07.18 01:08]
[In reply to S Aggarwal]
ERC20 - we are looking at rolling out maybe 200 as soon as possible, but priority is on listing clients and ICO clients
Dustin McDaniel, [14.07.18 01:08]
[In reply to Johnson]
Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well
S Aggarwal, [14.07.18 01:08]
[In reply to Jim Preissler]
K
Jim Preissler, [14.07.18 01:08]
[In reply to S Aggarwal]
And for you, EOS and XRP
S Aggarwal, [14.07.18 01:09]
[In reply to Jim Preissler]
Thanks
trade.io, [14.07.18 01:09]
[In reply to Johnson]
I'll PM you
Soroush, [14.07.18 01:09]
[In reply to Jim Preissler]
Consider Tezos too plz, right now they only have two low-key exchanges available with high fees
Jim Preissler, [14.07.18 01:09]
[In reply to Soroush]
sure
Jim Preissler, [14.07.18 01:09]
Maybe they can pay us to list them :)
Jack, [14.07.18 01:10]
hi Jim, which kind of wallet we are using after exchange go live?
Jim Preissler, [14.07.18 01:10]
OK, I have a hot lunch date with my 5 year old. I will be back on here in a bit. Thanks everyone!!!
Jack, [14.07.18 01:10]
cos Blossom is under development
Hiro S, [14.07.18 01:11]
Thank you Jim, very quality AMA!
trade.io, [14.07.18 01:11]
Thanks Jim!
S Aggarwal, [14.07.18 01:11]
Thanks jim for ama @JimPreissler
Johnson, [14.07.18 01:11]
Thanks Jim! Enjoy your lunch
Ro$€, [14.07.18 01:12]
Thank you
Grimlock, [14.07.18 01:12]
ok guys, AMA is over. Time to load up your TIO bags and check in!
Jack, [14.07.18 01:12]
[In reply to Jack]
hi @Trade_IO, could you answer this?
trade.io, [14.07.18 01:13]
For your Q's please drop Admins a PM. We will collect your Q's and forward it to Jim. The AMA with Jim will also be uploaded on our Reddit page. Thank you!
???, [14.07.18 01:13]
Jim,I strongly recommend that you develop app!!
Paul Johnson -trade.io, [14.07.18 01:13]
Thanks Jim, Admin, and of course the TIOnauts...great dialogue as usual

submitted by Scarlet_TIO to u/Scarlet_TIO [link] [comments]

AMA with trade.io CEO (part 3)

AMA with trade.io’s CEO (Part 3)

Posted by Xalat on July 13, 2018
Tokens Listing
Q: Which coins will be listed on the exchange initially?
A: Initially it will be the basic, big coins, but then we will roll out a ton after, especially ERC20. Have a bunch of listings and ICO clients that will come out quickly as well. So at start:
BTC — Bitcoin BCH — Bitcoin Cash ETH- Ethereum LTC — Litecoin TIO — TradeToken
USDT — May be available right at launch or at the very least within 2–3 days following launch.
ERC20 — we are looking at rolling out maybe 200 as soon as possible, but priority is on listing clients and ICO clients.
EOS and XRP soon.
Q: When will the exchange support FIAT?
A: Soon, there is no regulatory issue, just want to scale into features.
Q: Will we have any kind of voting system for new coin listings? Can you tell us anything about your plans on how new listings will be done? Would TIO owners have any privileges over others?
A: We are not looking to limit coins by any means, just need a controlled process to roll them out.
Regulations and Jurisdictions
Q: Can you speak on the progress with regards to regulations in the various jurisdictions? Which jurisdictions is trade.io currently focusing on, or which is top priority at the moment?
A: Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well.
Q: Are u also considering India?
A: India is unclear as to regulations right now.
Q: Will trade.io move to comply with the SEC and other regulatory bodies worldwide as they ask for information on customer protections, etc?
A: Already started, meetings already happening. We will do what we can to eliminate insider trading, wash trading, bots, fake volumes, all the bad things that hurt customers and plague other exchanges.
Roadmap
Q: When is the new Road-map being published?
A: After exchange and LP launches.
LP
Q: When will the LP fully launch? After 30 days of exchange? And the profit of the LP will count from the 1st day of exchange launch?
A: There is only a full version of LP, there is no beta version of LP. Profit starts immediately, LP will launch after 30 days i.e. profits start from next week at launch of the exchange. ICO consultancy revenues will be included regardless when exchange launches.
Q: Will there be something which tells the day’s profit with detail for transparency before LP launch?
A: There will be a LP distribution amount widget, but not promising that before LP launch.
Q: How much can we expect from LP daily payouts in the first month? Nothing at all? Something more than current airdrops program? Or much more than current airdrops?
A: The exchange needs to ramp and generate volume, then the LP will have meaningful distributions.
Q: There were some thoughts that the running costs would eat up the revenues that was already generated from consultancy arm that would left very few to be distributed. Could you tell us this is not the case? And in general, costs to be subtracted from LP is only direct costs that affects it, could you confirm that as well?
A: You mean operations? No that is covered from our 50%.
TIO Token
Q: After the exchange has been launched, how is the price movement of TIO expected to react? Do you not have any estimation for it?
A: Impossible to know, however, we are actively exploring moving TIO to exclusively be traded on trade.io exchange and de-list from other exchanges, for more control over price manipulation.
Q: What’s the solution in the future to avoid something like Bitforex?
A: They picked us up on their own. It is impossible to prevent a supposed decentralized exchange from listing TIO
Q: What measures will be taken to boost the trading volume of TIO token after launch of exchange. With the LP, the volume might be very low as it is today?
A: If you look at the token economics of TIO, it is designed to be more like a Berkshire Hathaway than a high volume penny stock. The goal is to drive value, not volume. The more value we create, and with low float, this will be good for price.
Q: Will TIO be trade-able with other commodities listed under FX Primus ?
A: Most likely not, as its a crypto asset so it will be traded against other cryptos.
trade.io Exchange
Q: What is the ETA for decentralized exchange?
A: There is no ETA at this time, we’re fully focused on making sure we have a flawless centralized exchange and execute on the liquidity pool.
Q: Will trade.io offer margin trading?
A: We will. Working with risk management to get it structured.
Q: What about futures and options?
A: Talking to some vendors specifically about this as possible partners.
Q: Will trade.io have algo trading?
A: Talking to a partner on that currently as well
Q: Why limit the launch to just 1000 initially?
A: The limitation to 1000 is not really for technology reasons, its more to allow customer support to get feet under them before we pummel them. It’s 1000 on Day 1, looking to open up to many thousands, within only a few days following launch. There is no level of training that can prepare support/finance, etc. once live users come through the door. This is not our first rodeo with running brokerages, so we understand its a completely different ballgame once the bright lights are on.
Q: What about Blossom wallet?
A: That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc.
Q: Are MEW or other wallets going to be integrated in such a way as to make it possible to be able to participate in the LP without having them on the exchange? If this is actually possible that is. Will Private Keys be made available to the holders of the wallets in trade.io?
A: Not sure on security on that. May be part of hybrid DEX solution. Also, transaction fees would be high, since every transaction would be recorded on BC, cant really use ledger. Not ideal overall.
Q: Will trade.io place their own buy and sell orders to maintain liquidity?
A: We will keep risk low initially, but over time us and outside (institutional) providers will be doing this.
Partnerships
Q: What are the plans with FX Primus?
A: The current initiative with FXP, is to accept TIO as a deposit method, then eventually allow TIO to be traded on the platform.
Q: Are there any updates on the Angel Investors Program? What roles do Kosmos, Plutus VC and Blockway Capital play in the Angels Investors Program?
A: We are sending them deals to look at where they know we already did KYC, took a first pass, etc. They are also bring us deals to look at as well.
Security
Q: Can u please tell us about the security measures taken for exchange. As these days many exchanges are being hacked even the so called best exchange i.e. Binance , Bancor etc.
A: We have in-house, outside team, Cloudflare, Fireeye, etc. To elaborate, virtually all client assets are kept in cold storage as well.
Q: Are there plans to provide insurance against hacking? If wallets get hacked is it guaranteed that owners will get all their tokens back? One suggestion is that part of the undistributed funds from the LP (due to tiers with percentages less than 100%) can be used to offer such insurance, If necessary…if not, could be retained by the company …Security is obviously of the utmost importance especially if trade.io is targeting institutional investors. This insurance would bring extra peace of mind.
A: We are looking for answers on that, so I like the suggestion. Nothing definitive yet. We will explore insurance and other things, but same answer for all of crypto, there is nothing like FDIC yet.
join trading revolution.
join trade.io sign up here: https://trade.io/l/lb1x
submitted by mayamanAko to TradeIOICO [link] [comments]

Q&A from CEO

Tokens Listing
Q: Which coins will be listed on the exchange initially?
A: Initially it will be the basic, big coins, but then we will roll out a ton after, especially ERC20. Have a bunch of listings and ICO clients that will come out quickly as well. So at start:
BTC – Bitcoin BCH – Bitcoin Cash ETH- Ethereum LTC – Litecoin TIO – TradeToken
USDT – May be available right at launch or at the very least within 2-3 days following launch.
ERC20 – we are looking at rolling out maybe 200 as soon as possible, but priority is on listing clients and ICO clients.
EOS and XRP soon.
Q: When will the exchange support FIAT?
A: Soon, there is no regulatory issue, just want to scale into features.
Q: Will we have any kind of voting system for new coin listings? Can you tell us anything about your plans on how new listings will be done? Would TIO owners have any privileges over others?
A: We are not looking to limit coins by any means, just need a controlled process to roll them out.
Regulations and Jurisdictions
Q: Can you speak on the progress with regards to regulations in the various jurisdictions? Which jurisdictions is trade.io currently focusing on, or which is top priority at the moment?
A: Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well.
Q: Are u also considering India?
A: India is unclear as to regulations right now.
Q: Will trade.io move to comply with the SEC and other regulatory bodies worldwide as they ask for information on customer protections, etc?
A: Already started, meetings already happening. We will do what we can to eliminate insider trading, wash trading, bots, fake volumes, all the bad things that hurt customers and plague other exchanges.
Roadmap
Q: When is the new Road-map being published?
A: After exchange and LP launches.
LP
Q: When will the LP fully launch? After 30 days of exchange? And the profit of the LP will count from the 1st day of exchange launch?
A: There is only a full version of LP, there is no beta version of LP. Profit starts immediately, LP will launch after 30 days i.e. profits start from next week at launch of the exchange. ICO consultancy revenues will be included regardless when exchange launches.
Q: Will there be something which tells the day’s profit with detail for transparency before LP launch?
A: There will be a LP distribution amount widget, but not promising that before LP launch.
Q: How much can we expect from LP daily payouts in the first month? Nothing at all? Something more than current airdrops program? Or much more than current airdrops?
A: The exchange needs to ramp and generate volume, then the LP will have meaningful distributions.
Q: There were some thoughts that the running costs would eat up the revenues that was already generated from consultancy arm that would left very few to be distributed. Could you tell us this is not the case? And in general, costs to be subtracted from LP is only direct costs that affects it, could you confirm that as well?
A: You mean operations? No that is covered from our 50%.
TIO Token
Q: After the exchange has been launched, how is the price movement of TIO expected to react? Do you not have any estimation for it?
A: Impossible to know, however, we are actively exploring moving TIO to exclusively be traded on trade.io exchange and de-list from other exchanges, for more control over price manipulation.
Q: What’s the solution in the future to avoid something like Bitforex?
A: They picked us up on their own. It is impossible to prevent a supposed decentralized exchange from listing TIO
Q: What measures will be taken to boost the trading volume of TIO token after launch of exchange. With the LP, the volume might be very low as it is today?
A: If you look at the token economics of TIO, it is designed to be more like a Berkshire Hathaway than a high volume penny stock. The goal is to drive value, not volume. The more value we create, and with low float, this will be good for price.
Q: Will TIO be trade-able with other commodities listed under FX Primus ?
A: Most likely not, as its a crypto asset so it will be traded against other cryptos.
trade.io Exchange
Q: What is the ETA for decentralized exchange?
A: There is no ETA at this time, we’re fully focused on making sure we have a flawless centralized exchange and execute on the liquidity pool.
Q: Will trade.io offer margin trading?
A: We will. Working with risk management to get it structured.
Q: What about futures and options?
A: Talking to some vendors specifically about this as possible partners.
Q: Will trade.io have algo trading?
A: Talking to a partner on that currently as well
Q: Why limit the launch to just 1000 initially?
A: The limitation to 1000 is not really for technology reasons, its more to allow customer support to get feet under them before we pummel them. It’s 1000 on Day 1, looking to open up to many thousands, within only a few days following launch. There is no level of training that can prepare support/finance, etc. once live users come through the door. This is not our first rodeo with running brokerages, so we understand its a completely different ballgame once the bright lights are on.
Q: What about Blossom wallet?
A: That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc.
Q: Are MEW or other wallets going to be integrated in such a way as to make it possible to be able to participate in the LP without having them on the exchange? If this is actually possible that is. Will Private Keys be made available to the holders of the wallets in trade.io?
A: Not sure on security on that. May be part of hybrid DEX solution. Also, transaction fees would be high, since every transaction would be recorded on BC, cant really use ledger. Not ideal overall.
Q: Will trade.io place their own buy and sell orders to maintain liquidity?
A: We will keep risk low initially, but over time us and outside (institutional) providers will be doing this.
Partnerships
Q: What are the plans with FX Primus?
A: The current initiative with FXP, is to accept TIO as a deposit method, then eventually allow TIO to be traded on the platform.
Q: Are there any updates on the Angel Investors Program? What roles do Kosmos, Plutus VC and Blockway Capital play in the Angels Investors Program?
A: We are sending them deals to look at where they know we already did KYC, took a first pass, etc. They are also bring us deals to look at as well.
Security
Q: Can u please tell us about the security measures taken for exchange. As these days many exchanges are being hacked even the so called best exchange i.e. Binance , Bancor etc.
A: We have in-house, outside team, Cloudflare, Fireeye, etc. To elaborate, virtually all client assets are kept in cold storage as well.
Q: Are there plans to provide insurance against hacking? If wallets get hacked is it guaranteed that owners will get all their tokens back? One suggestion is that part of the undistributed funds from the LP (due to tiers with percentages less than 100%) can be used to offer such insurance, If necessary…if not, could be retained by the company …Security is obviously of the utmost importance especially if trade.io is targeting institutional investors. This insurance would bring extra peace of mind.
A: We are looking for answers on that, so I like the suggestion. Nothing definitive yet. We will explore insurance and other things, but same answer for all of crypto, there is nothing like FDIC yet
submitted by agre029 to TradeIOICO [link] [comments]

Why do people use banks?

Core banking business is about to be disintermediated, unbundled, disrupted and outcompeted...
People use banks for wires, cards, savings, lending, investments....
*Bitcoin makes wires obsolete.
*At least 5 Bitcoin companies now offer card services (Coinbase, Xapo, Onebit, Plutus). More will come.
*Several Bitcoin companies now offer P2P lending services globally (btcjam, btcpop, Loanbase, Bitbond).
*Saving bitcoins? No need for a bank. Same for other cryptos. If you really don't trust yourself with your private keys... you can go to transparent, 100% reserve third parties like Uphold. But why would you ever trust a fractional reserve bank with your money?
*At least 12 brokerage houses now take bitcoins for speculation, investments and trading. Even they will be disintermediated by P2P financial markets for bonds, stocks...
There are plenty of smart people working in banks who must be able to see what is coming.... their only question has to be: "how can we delay this as much as possible?" or maybe.. "when is the right time to jump ship?"
Am I missing something here?
submitted by flix2 to Bitcoin [link] [comments]

How Blockchain Can Improve Finance [ft. PlutusDeFi] How to Sell Bitcoin to a Pluto Bitcoin ATM How-to: Buy Cryptocurrency How to Buy Bitcoin Without a Mobile Wallet at a Pluto Bitcoin ATM Cardano's IOHK Plutus eBook; Record Bitcoin Computing Power; $17000 Bitcoin; Litecoin Reward Halved

Plutus Pro Review – Bitcoin Trading. Plutus Pro is a fresh broker on the market, founded in 2019. where you can immediately access most of the things you need. The trading platform button will take you straight to an overview of their custom application, and double as a demo account. There’s also an education center and an account types tab that gives you all the trading info you will need ... Company profile page for Plutus Financial Inc including stock price, company news, press releases, executives, board members, and contact information The stock symbol or ticker of Plutus DeFi is plt. How many plt coins are there in circulation? There are 30,86M coins in circulation of plt. What is the exchange rate of Plutus DeFi(plt)? The exchange rate of Plutus DeFi is $0,0394. Plutus DeFi Exchange Rates on Trading Markets # Exchange Pair Price 24h volume Volume % Updated ; 1 : Dolomite : PLT/WETH : $0,217 : $288 961,3314 : 14.62% : 2 ... The Plutus Card will let you shop at over 60 million merchants worldwide, both online and in-store. Earn 3% crypto reward and up to 15% cash back at selected retailers. Learn More > Crypto Powered. Swap Crypto Assets on the PlutusDEX Convert Pluton and Ethereum with Euro and Pound Sterling at a verified spot rate. Sell Crypto . Instantly fund your Plutus Current Account or Card. Buy Crypto ... : Get the latest Plutus Resources stock price and detailed information including news, historical charts and realtime prices.

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How Blockchain Can Improve Finance [ft. PlutusDeFi]

This video is unavailable. Watch Queue Queue Looking to buy cryptocurrencies? We have made the process as simple as possible. You can set up an account in just minutes here: https://dex.plutus.it/auth/s... A BITCOIN TORNADO IS BREWING According To This FINANCIAL PSYCHIC Who’s NEVER BEEN WRONG - Duration: 10:16. TechCashHouse - Best Bitcoin, Stock News 4,839 views 10:16 Decentralised Finance or DeFi is about using blockchain technology to underpin finance. In this video, I sit down with Ali and Arnie of PlutusDeFi to learn m... We take you through the steps to selling your bitcoin to a Pluto Bitcoin ATM for cash.

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