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Re: [ANN][TGE] Jarvis - Hybrid multi-asset exchange | Token with revenue
by
blockangel
on 13/11/2018, 16:40:53 UTC
As far as I understand you want to create exchange for trading between stock trading and crypto? So users will be able to buy stock for BTC. ETH and other crypto? Or Im wrong?
Hi Magisterr,  Yes, you are correct, Jarvis will help make existing traditional asset classes such as FX, CFD's, equities inter-operable with a wide range of digital currencies and other digital solutions such as tokenized assets. 
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Re: [ANN][TGE] Jarvis - Hybrid multi-asset exchange | Token with revenue
by
blockangel
on 13/11/2018, 16:33:31 UTC
FINALLY AN INTERESTING EXCHANGE!!!!!

Thank you Token Williams!  We are very excited about this as well!!
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Re: [ANN][TGE] Jarvis - Hybrid multi-asset exchange | Token with revenue
by
blockangel
on 13/11/2018, 15:38:55 UTC
Some aspect seems rather interesting. Like the AI assistant even if it's not yet clear what exactly will be the purpose, the fact you can access different markets beside cryptos and the early 2019 launch. However nowadays there are new exchanges popping out every day, is not going to be easy to come out on top.

Hi Makkara, 
Thank you for the comment,  The AI will greatly simplify a wide range of trading tasks and actions in the platform.   In addition it can help improve trading success through it's ability to track and warn of various market conditions and trading requests which historically have been bad.   There are other benefits in addition to these. 
Regarding the many exchanges popping out, yes you are correct.  We see that as a great thing for many reasons.  Some of these include that most of these exchanges will need liquidity and improved user interfaces.  Jarvis can provide both for these other partners.   Jarvis is different because our user interface is not limited to just our exchanges but will be able to be used by a wide range of other partners which can include other exchanges. 
Also, different exchanges will be targeting different regions and users.  We certainly see any increase in adoption of blockchain related products and services very good for all crypto enthusiasts.   
Jarvis has a team with very extensive experience in developing top software and trading solutions which help traders be more profitable.  Because of this we are happy when others will try other exchanges and then they will see that Jarvis is providing a better user experience and is easier to use.  Being able to compare with other solutions will be helpful to many users to add more value to the Jarvis community. 
Jarvis also lets users program their own trading robots, indicators, and other tools which they can use personally or can sell or give away for free in the Jarvis Marketplace.   Most other exchanges will not allow this.  There are many other reasons but these are a few for your consideration. 
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Re: [ANN][TGE] Jarvis - Hybrid multi-asset exchange | Token with revenue
by
blockangel
on 13/11/2018, 15:25:33 UTC
Total tokens: 420 M
Tokens sold: 210 M
This is how to be sure to lose half of your investment because half of the tokens are free 

Hello,

please be aware that the publicly available tokens during the TGE are not all of the tokens which will be sold or traded.

Currently at least 30.25% of the tokens are reserved for sales or trade with strategic partners or groups, and some entities which due to regulatory or AML restrictions are not able to participate in TGE's but can participate in direct B2B sales following the TGE.

Any unused bonus tokens will also be put into this strategic partner pool. When combined with the tokens which will be sold or traded through other strategic initiatives it could be possible for more than 80% of total tokens to eventually be sold through the TGE and direct B2B sales or traded for products and services which directly add value and increase the benefit to token holders.

Because of this structure it will help ensure that Jarvis has the most diverse community of token holders who have vested interests in supporting the growth of the community and to help make Jarvis more profitable.

is that 30,25% has been reserved by some company or partner? and, 19,75% for public sale?
What will happen with unsold tokens, if this happens - are they will be burned? I can't find a hard cap? is it in tokens 420 M? How much will it be in terms of dollars?

There is essentially 50% available for public sale and up to 30.25% available for direct b2b sales or trade with partners who will deliver key products and services to the platform.   So not less than 75% will be sold or traded.   
Any unsold tokens that are not sold during all phases of the TGE will be destroyed.   The pre-mined hard cap of 420 Million will never be exceeded.  It will only decrease as more and more tokens are destroyed. 
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Re: [ANN][TGE] Jarvis - Hybrid multi-asset exchange | Token with revenue
by
blockangel
on 12/11/2018, 13:34:15 UTC
In terms of security, in the event of an attack, what provisions do you have ?
Do you have a group of companies that are experts in Exchange security ?

Hi Dubignyp,  
There are a wide range of security protocols that have been designed in the technology framework.  The entire premise of the semi-decentralized structure of Jarvis is to essentially make it so that there is nothing to hack at Jarvis because all funds will be held either directly by the client or will be securely encrypted and locked in escrow.  If there was some type of attack such as DDoS or otherwise then there are very robust architectural components and underlying structures which make is very all systems to automatically change parameters and re-allocate resources such that any single component that is being "attacked" will not impact the rest of the system and will the required functions that this specific component is providing will be automatically replicated separately with a preemptive rule which prevents people the same attack from happening on that resource.  There are several top solutions which we will be using along with internal monitoring and both internal and external auditing on a wide range of components.    For any parts of the more centralized systems which can be audited there will be ongoing audits performed by external partners who will conduct such audits every 30 minutes and publish all results in a blockchain such as Ethereum.  So between the various companies we are working with for exchange security and the design of the system and the various safety protocols there will be an extremely high level of security when using Jarvis compared to most other available solutions.  

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Re: [ANN][TGE]Jarvis - Hybrid multi-asset exchange with interoperable assets
by
blockangel
on 06/11/2018, 12:27:38 UTC
Ok you share the income from the exchange but frankly it's a lot of others do: COSS, Kucoin,....
And you don't think you can compete with Kucoin or Binance, do you?

Hi Dronstop,  
Yes, you are correct that  a few other exchanges do have some type of reward aspect but these programs are limited in scope or duration. With Jarvis the target audience and scope of services is different.  Currently there are millions of people around the world who trade traditional financial products such as FX, CFD's, and more,  they would like to become more involved in the crypto market but in general the user interfaces and trading experience with most crypto exchanges is just not very good.  Our target audience and user base is not just the existing crypto community but more the non-crypto community who are trading other products or not trading at all.  We are already seeing that exchange fees in crypto are following what happened in the FX market are becoming more competitive and will eventually go to zero.  Jarvis is focusing on the delivery of a wide range of solutions which benefit from the interface and will be capable of generating revenue from a wide range of products and services outside of exchange fee's.  So as time goes on and more integrations and solutions are included with Jarvis and the community grows the revenue will grow even if our exchange fee's go to zero.  This is far more sustainable and beneficial for the community and long term success of the token than just exchange fees.  One example of a different type of revenue stream in Jarvis.  There is a trading community which likes to share charts and information between traders.  The lead trader provides many services for free but can also provide additional paid services for a small fee such as $25 a month per client.  Jarvis makes it super easy to share charts and information with specific clients and also helps to facilitate the automated collection and payment of this fee from the client.  In exchange for helping this trader up-sell their products and services Jarvis collects a small fee just like if the company used an external company like paypal or other online subscription solution.  This is a win for the client, the trader, and Jarvis.   With thousands of such traders and services the revenue from this type of interaction will quickly surpass what is made from the exchange.  
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Re: [ANN][TGE]Jarvis - Hybrid multi-asset exchange with interoperable assets
by
blockangel
on 02/11/2018, 15:29:24 UTC
The audit that will happen every 30 minutes will not be during the TGE or during the initial  distribution of the JRT tokens but will be for key components of the technology framework and to verify that the status of centralized wallet holdings, fiat backed tokens, and anything related to the safety of funds or tokens held in custody.  There will also be other parts of the framework which are not holding client funds but are checked for network stability aspects.    Most of these internal systems will be monitored continuously internally 24 hours a day with many parts being checked every second, but the self checks for DDOS and other network health aspects will be managed and reported internally.  The 3rd party audit is just there as an additional confirmation to people that everything in the system is good.