Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Spectre.ai - (SPEC) Speculative Tokenized Trading Exchange
by
Spectre.ai.team
on 17/09/2017, 12:56:44 UTC
But isn't the liquidity issue same to SPECTRE? Where does it mainly differ? Simple and short explanation, please.

From the one pager document here: http://spectre.ai/media/spectre_one_pager.pdf?ver=1.9

HOW WE DO IT

  • SPECTRE (short for Speculative Tokenized Trading
    Exchange) is the world’s first brokerless, financial trading
    platform with an embedded, decentralized liquidity pool
    that acts as a counter-party to all trades. The liquidity
    pool is initially funded by an ICO and tokens are
    distributed to the investors in return.
  • When trading, all transactions are governed by smart
    contracts meaning that the broker is completely removed
    from this equation as well.
  • The smart contracts pay out 2% dividends to ICO token
    holders and 2% to SPECTRE as a technology fee, each
    time the trader takes a trade. This is different to the
    traditional broker models where brokers mostly get paid
    on trader losses.
  • A result of all the above is the creation of a fully
    transparent and fair trading environment with no conflict
    of interest between involved parties; a provable fair
    battleground where traders can fairly trade against the
    market without intervention.