Post
Topic
Board Tokens (Altcoins)
Re: [ICO ENDED] Jarvis - Fx, crypto, stocks | DApp browser | Revenue token
by
Jarvis Edge
on 01/06/2019, 17:33:06 UTC
What will be working method of Jarvis exchange. Do we need to deposit funds before trading on the platform like Etherdelta or can we use it like Radar Relay does by wrapping the ETH?

It will be like Etherdelta, as it is based on smart-contract

Kind of a decentralize exchange as well. It would be fun if there will be volume on it because the sad truth about decentralized exchange is that traders prefer to CEX.  Isthe JRT going to be the native token and will be the trade fees?

So many exchange projects these days, it will be the hard battle to win against the bigger ones.

JRT is a revenue token (you recieve, monthly revenue by holding the token), at the moment we are thinking on the concept of the utility token (the one you can pay fees, etc.).

Which token shall receive dividends, are the ones that had been sent to MEW going to also receive dividends or just those circulating in the exchange itself?

It gets really interesting that you said that. For a project that didn't really collected a lot from their ICO but plans to build a big exchange that will distribute dividend is quite surprising. Did you know that there were some projects like this before that ends tragically? Example of these is EOSEX project, collected more than you got as far as i know.




The funds raised are smaller than if you compare it to other ICOs, but actually, it is enough to finish development of the product. You can read our article on the topic - "How Multimillion ICO Projects Made us Lose our Sense of Reality"
Link: https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

Raising less money made us focused on the most important aspects and features of the project; as well as push us to deliver and not postponing the release as we do not have a comfort of multi-mil. laying around.

Can't say anything concrete about the EOSEX project (there are more differences than similarities between them and us), we have a solid concept and idea, as well as working prototypes. The design for Jarvis did not appear out of nowhere, it was meticulously planned and thought through.

The last but not least, we have a pretty big community following us, so we have confidence that we will acquire the user base. Initial company of Pascal - DM Trading, has 23k followers, as well as recognition amougn trading community in France. Plus partners of the company that have thousands upon thousands of users and followers.