Level01 :: Blockchain Powered Derivatives Exchange
Level01 is the first decentralized derivative exchange that works wholly on blockchain based smart contracts and cryptocurrency. It is a peer-to-peer platform that uses artificial intelligence for trade matching and settlements.
The Level01 system is a derivative (option) trading platform that makes it expedient for users to conduct financial trades in forex, stocks, cryptocurrencies and commodities on a peer-to-peer basis thereby eliminating third parties.
The platform utilizes special algorithms to generate a proficient market and pricing system that improves over time using machine learning technologies. With available tools, retail traders would be able to efficiently match trades using a fair pricing system and value analytics.
Level01 intends to make the derivatives market accessible to the retail user market through the integration of retail and inter-dealer trades. This will be done by creating a channel through which all can take advantage of the easy accessibility provided by digital currencies in a decentralized derivative market along with the transparency attributed to distributed ledger technology.
The ultimate goal of Level01 is achieving a fair, efficient and level playing field that is completely transparent and trusted by retail and commercial investors.
The Level01 system is a derivative (option) trading platform that makes it expedient for users to conduct financial trades in forex, stocks, cryptocurrencies and commodities on a peer-to-peer basis thereby eliminating third parties.
The platform utilizes special algorithms to generate a proficient market and pricing system that improves over time using machine learning technologies. With available tools, retail traders would be able to efficiently match trades using a fair pricing system and value analytics.
Level01 intends to make the derivatives market accessible to the retail user market through the integration of retail and inter-dealer trades. This will be done by creating a channel through which all can take advantage of the easy accessibility provided by digital currencies in a decentralized derivative market along with the transparency attributed to distributed ledger technology.
The ultimate goal of Level01 is achieving a fair, efficient and level playing field that is completely transparent and trusted by retail and commercial investors.
Level01 Key Features
Current Problems in the Market
Broker trading platforms have been beleaguered with trust issues. This is especially so among the smaller, less known entities and one of the reasons there have been more stringent regulatory actions on the industry.
Despite the fact that the internet has facilitated ease of trades, there are grey areas that may not be covered by regulations which are exploited, thereby creating mistrust among investors. Such situations are seen when the target is bottom-line and not clients’ satisfaction. Issues such as late execution of trades cause investors losses, while the confidence they have for the exchange is shaken, yet this is not an uncommon occurrence. There also have been reported cases of mismanagement of clients’ funds or fraudulent use of these funds.
Other challenges the industry has had are delays in processing of funds and introduction of hidden charges to the traders and users of the exchanges.
Despite the fact that the internet has facilitated ease of trades, there are grey areas that may not be covered by regulations which are exploited, thereby creating mistrust among investors. Such situations are seen when the target is bottom-line and not clients’ satisfaction. Issues such as late execution of trades cause investors losses, while the confidence they have for the exchange is shaken, yet this is not an uncommon occurrence. There also have been reported cases of mismanagement of clients’ funds or fraudulent use of these funds.
Other challenges the industry has had are delays in processing of funds and introduction of hidden charges to the traders and users of the exchanges.
Level01 Provides a Solution
Level01 has taken advantage of the fact that the distributed ledger technology can be used to build smart contracts that are self executing, transparent and can be trusted by all parties involved. These attributes are what the project leverages to eliminate the issues of human fallibility and the mistrust it created in centralized exchanges.
Since the smart contract is self executing, it automates transactions on the Level01 platform, enabling the delays in trades and funds withdrawal to be done away with. The efficiency created by blockchain reduces waste. This has the effect of reducing cost of transaction and charges during execution of trades.
Taking advantage of machine learning, the project has created a user-friendly peer-to-peer derivative exchange that rates entities based on history and proven statistics. The integrity of the system is faultless because of the tamper-proof attribute of blockchain.
Since the smart contract is self executing, it automates transactions on the Level01 platform, enabling the delays in trades and funds withdrawal to be done away with. The efficiency created by blockchain reduces waste. This has the effect of reducing cost of transaction and charges during execution of trades.
Taking advantage of machine learning, the project has created a user-friendly peer-to-peer derivative exchange that rates entities based on history and proven statistics. The integrity of the system is faultless because of the tamper-proof attribute of blockchain.
[LVX] Token Sale is Live!
- Visit Website for details and whitelisting
- Early investor pricing available
- Soft cap of $15million - Hard Cap of $75million
- Sale Ends Sept. 23
Additional Investor Resources
Website Link: https://level01.io/
Whitepaper: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf
Whitepaper: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf
BitcoinTalk [Ann]: https://bitcointalk.org/index.php?topic=4499211
Telegram Link: https://t.me/level01ico
Telegram Link: https://t.me/level01ico
Article written by @seyi88
Bitcointalk user: Seyi88
User link: https://bitcointalk.org/index.php?action=profile;u=1167371
User link: https://bitcointalk.org/index.php?action=profile;u=1167371
Ethereum Address: 0x131ab9d06b47e03296f424ae80adf2de6628fa72
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