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Showing 20 of 22 results by farmountain
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Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 22/06/2020, 01:35:34 UTC
@farmountain thanks for the info. Don't take my words as an attack, I was just trying to say what I thought when visiting your website. I will be attentive to the next updates on your website and in this thread.

They have a lot of things to fix here before they think of selling their tokens.
Everyone can see that they are still not yet ready. Definitely, their progress bar is not the actual one.
So if they want a more credible platform, they should be ready next time they introduce their site.
People here are very cautious now in touching any blockchain project.
They have learned their lessons hard from all those projects that were abandoned by their respective developers.


Totally agree that we have a lot more works to do. I apologize for the confusion caused.

Our team members have personally invested a few ICO via bitcointalk since 2014 and totally understand the importance of the cautiousness before putting in our BTC/ETH in the projects.

We also do realize there are some ICO projects focus solely on technical innovation without considering sufficient on the economy viability/sustainability. In view of that, we review our project regularly from many possible perspective to ensure it is viable and sustainable.

Thank you for your attention on this project.



Post
Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 22/06/2020, 01:09:54 UTC
@farmountain thanks for the info. Don't take my words as an attack, I was just trying to say what I thought when visiting your website. I will be attentive to the next updates on your website and in this thread.

No worries. Our team do understand the concerns.

Thank you for your continuous attention on this thread.

Post
Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 19/06/2020, 15:53:15 UTC
If you want to offer credibility to potential investors, you are doing it in the worst possible way. I can not understand how you launch a token sale without having the website completely finished, nor can I understand why the team names are just names, without a photo, without something of their history.

I don't understand the numbers either, the progress bar advances every day, but the BTC and ETH numbers as well as the holders are the same.


Thanks for the feedback. Actually our IEO token sale has not started yet.

As per what we previously updated, there are few more team members we believe will add great value to the project are in progress of on boarding. Once this is completed, all information including names, photo and linkedin profiles etc will be updated.

We have taken the feedback on the fund raised progress bar despite it is a work in progress website. The team has updated it based on the angel investors and institutional investors invested/committed fund. And that is why we don't really kick start our IEO immediately as we have some more Fiat institutional investors are in on-boarding process or in discussion.

We believe our IEO will be different from what other IEO has been launched so far, because our business is a transitional bridge between traditional stock brokerage which deals with Fiat, as well as modern digital assets which deal with BTC/ETH etc digital currencies. We will raise Fiat fund in private placement from Angel investors/Institutional investors/Government grants, and raise BTC/ETH via public IEO subsequently.

The entire project is update progressively in term of technology implementation and business strategy execution. As this might be a first of its kind in the industry which have both Fiat & digital assets in this setup. We are planning and executing the strategy very carefully to manage the potential project risks.

Below are some of the project update:

1. Stock Brokerage
Currently our stock brokerage mobile app [Android & iOS] have just completed Alpha testing.

The stock data feed provided by Intercontinental Exchange is tested and the stock brokerage clearing and settlement by our clearing partner are also tested successfully. We will kick start our full live data test within next few weeks time. Below is the download links of our stock brokerage mobile app:

Mobile App [Completed Alpha Testing]:
     Android Download Link:equalizer.test.linknet.ltd/app_page/download.html?lang=en

     iOS Download Link:testflight.apple.com/join/I3gEqSO3

Feel free to download the mobile app and play around with below alpha tester accounts to get a feel of it [The account opening process is pending of KYC/AML integration, therefore you can't really open an account as yet]:

mobile login
Account 1:13366666666
Account 2:13377777777
Account 3:13388888888

Password 123456


2. Digital Assets Exchange
Our digital asset exchange platform 1st evaluation setup will be ready within the coming few weeks. please stay tune for the update.


3. FinTech/Wealth Management API Platform
Only in Design stage.


Feel free to join us in our Telegram chat group to ask questions or to provide your feedback. Your feedback and suggestions are greatly appreciated and might help us improve in every possible way.

Equalizer Group [Singapore, China HangZhou]
Telegram Contact: @Equalizer_Exchange
Telegram Group: Equalizer Exchange
Post
Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 19/06/2020, 09:31:03 UTC
I think you should remove misleading figures in your website as you said it is work-in-progress. Because that's the first thing that people will check, the content of your website. Just leave blanks for numbers that are not yet updated.

Thanks you for the feedback, we have informed the person in charge on this and I just checked it has been updated.
Post
Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 18/06/2020, 08:23:07 UTC
For someone who deals with security tokens, you guys really need to update your website. A lot of deadlinks that points to nowhere.
No whitepaper and No team info. Maybe you should change the topic title to [PRE-ANN] since it looks like you guys aren't 100% prepared.
Lastly, paying various services such as socmed managers, promoters, and translators with your native token is a letdown especially when currently there is no clear value to that token.

But wait, on their website it says the total raised is already $80M??? With broken links, no wp, no team photos, but they managed to raise such huge amount?

How can we verify that this project truly received such amount of money?
https://i.postimg.cc/hGcFMDpf/Screen-Shot-2020-06-18-at-5-30-42-AM.png

These stats below is published also on their website. Can you give us the eth and btc addresses, respectively that are collecting these funds?
https://i.postimg.cc/HjDvxzNV/Screen-Shot-2020-06-18-at-5-33-13-AM.png


Hi CaOv32

The website is actually work in progress. If you visit the website, it will prompt a heading indicating this is a work in progress website. Apologize for the misleading information.

Our founders did raise some Fiat fund from Angel investors, institutional investors plus some government FinTech grants at pre-IEO stage. These funds will be mainly used in setting up the technology development architecture, KYC/AML automation and integration, bank custodian and digital bank integration, as well as testing the live & historical market data feeds from Singapore Exchange/Nasdaq/NYSE/HKEX etc.

Fortunately that a few of our founders are developers who are willing to contribute in exchange for the EST tokens.

We are still trying to get a few more people on board before we release our final team structure.

Thanks and stay tune for the update.


Post
Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 18/06/2020, 08:02:04 UTC
For someone who deals with security tokens, you guys really need to update your website. A lot of deadlinks that points to nowhere.
No whitepaper and No team info. Maybe you should change the topic title to [PRE-ANN] since it looks like you guys aren't 100% prepared.
Lastly, paying various services such as socmed managers, promoters, and translators with your native token is a letdown especially when currently there is no clear value to that token.

Thanks for the feedback. In fact the website is working in progress, as we are building 2 sets of trading system and we are a bit short handed.

Take note of your comments on the native token payout to different contributors. Will feedback to our management.

Post
Topic
Board Tokens (Altcoins)
Re: 【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 18/06/2020, 07:59:16 UTC
Thanks, We will be continue update as we progress.

Very interesting project. Integration of stock brokers into crypto exchange seems to be a new revolutionary trading system. I think this is the first, I will keep my eyes and bookmark this thread Grin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
farmountain
on 16/06/2020, 07:15:44 UTC
What exactly is the point you are making? I read this post several times and cannot understand what you trying to get at here.


Hi All,

We have been holding some BTC/ETH since the few years ago, however, majority of our assets are remaining in traditional stock and equity as we are from the stock brokerage background.

Eventhough we believe Ethereum should be a great alternative to replace the traditional capital market. However, we have been seeing a lot of Alt coin is offered in the past few years and yet quite a large number of them are scam in nature or highly in doubt. A lot of my peers have lost part of their investment in those alt coins. This is the reason that prevent us from investing larger portion of our assets into ETH. This may be also the reason why ETH market value is remain lower than BTC.

As compare to the traditional global equity market, digital assets market are remain extremely small in value. Are there a highly viable solution to convert those traditional capital market investors to hold more digital assets in their portfolio?

He wants to get 1000% as ICO were but at the same time wants everything be safe as IPO

Why do you think there must be an extreme which give a window of opportunity to scammers? There should be a way to differentiate a scams and a viable project.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
farmountain
on 15/06/2020, 04:56:22 UTC
Hi All,

We have been holding some BTC/ETH since the few years ago, however, majority of our assets are remaining in traditional stock and equity as we are from the stock brokerage background.

Eventhough we believe Ethereum should be a great alternative to replace the traditional capital market. However, we have been seeing a lot of Alt coin is offered in the past few years and yet quite a large number of them are scam in nature or highly in doubt. A lot of my peers have lost part of their investment in those alt coins. This is the reason that prevent us from investing larger portion of our assets into ETH.

As compare to the traditional global equity market, digital assets market are remain extremely small in value. Are there a highly viable solution to convert those traditional capital market investors to hold more digital assets in their portfolio?
Post
Topic
Board Beginners & Help
Topic OP
How to insert pictures in my post?
by
farmountain
on 15/06/2020, 04:34:41 UTC
how do I insert pictures from my google drive in the post?
Post
Topic
Board Tokens (Altcoins)
Re: [Update] - Equalizer - Transitional Bridge from Stock to Digital Assets
by
farmountain
on 14/06/2020, 05:41:06 UTC
Help wanted with below: [Payout with EST Tokens]
1. Translation of our whitepaper [pending finalized whitepaper] into other languages: Mandarin, Japanese, Korean, Russian, Spanish, Bahasa Indonesia etc
2. IEO Promoters
3. Social Media Managers
4. Others roles to be announced soon


Equalizer Securities Team [Singapore, China HangZhou]
Telegram Contact: @Equalizer_Exchange
Telegram Group: To be launched soon
Post
Topic
Board Project Development
Re: Seeking White Label Exchange Platform
by
farmountain
on 03/06/2020, 01:30:29 UTC
having the whitelabel exchange alone is not good enough, do you have enough users/liquidity for your exchange? We can help in both white label exchange and liquidity.
Post
Topic
Board Tokens (Altcoins)
Topic OP
【ANN】 - Equalizer Securities Tokens [EST] - from Stock to Digital Assets
by
farmountain
on 19/05/2020, 01:14:11 UTC
Hi All

We are preparing to begin our Initial Exchange Offering for our Equalizer Securities Token. We are building an all-in-one platform which includes stock brokerage, Digital Assets Primary/Secondary Exchange and wealth management APIs in 1 single platform - A Gateway of Stock Brokerage + Digital Asset Exchange and API integrating all the Fintech products.

Majority of our project works are still in progress.

Details as below [Update as we progress]

Our 1st draft of the Mobile App on stock brokerage [Wealth Management/Blockchain Exchange not integrated yet] is in Alpa testing.

Mobile App under Alpha Testing:
Android Download Link[Alpha]:equalizer.test.linknet.ltd/app_page/download.html?lang=en

iOS Download Link [Alpha]:testflight.apple.com/join/I3gEqSO3

To have look at our Business Control Panel, please contact keong.han.liew@equalizer-securities.com

Backend Operation Control Panel:equalizer.test.linknet.ltd/admin/index/login

User KYC Control Panel:equalizer.open.test.linknet.ltd/admin/#

To see our demo of Digital Asset Exchange, please contact keong.han.liew@equalizer-securities.com and sign an Non-Disclosure Agreement.


IEO Website building in Progress
www.equalizer-securities.com


Non-official EST [Equalizer Securities Token] IEO Whitepaper Draft - To be ready once our team finalize the remaining details.


Product Launching Road Map - To be released


Equalizer Securities Team [Singapore, China HangZhou]
Email: keong.han.liew@equalizer-securities.com
Whatsapp: Please request via email as the spam call is overwhelming
Post
Topic
Board 中文 (Chinese)
Re: 这里能发起ICO私募吗?另外我也想发布一个拉盘的群不知道符合这里法规
by
farmountain
on 05/03/2020, 11:57:52 UTC
我对中国内地的法规不太了解,现在我们在新加坡希望建立一家 可以用法币和虚拟货币交易的 股票【新股,美股,港股】和虚拟货币交易所

1. 听说搞美股的话在中国是明令禁止的?
2. ICO utility token 也是不被允许的吗?
3. 有了股票交易平台和白皮书, 还需要做些什么工作?如何在 bitcointalk 发起新的项目和ICO?



谢谢
Post
Topic
Board Project Development
Topic OP
looking for blockchain architect and developer
by
farmountain
on 05/03/2020, 04:33:39 UTC
We are a stock brokerage to integrate a cryto exchange into the platform.

Please submit your resume to keong.han.liew@equalizer-securities.com
Post
Topic
Board Altcoin Discussion
Topic OP
Any guide on how to create a new token in Ethereum?
by
farmountain
on 01/03/2020, 05:40:59 UTC
Hi

Anybody can share with me on guide of how to create a new token in Ethereum?

how token factory works?

What is the difference between token factory and develop your own smart contract?


Thanks
Post
Topic
Board Beginners & Help
Re: stock brokerage platform offering deposit of crytocurrency to purchase stocks
by
farmountain
on 01/03/2020, 04:59:25 UTC
Lets assume a team has a stock brokerage company registered in Jurisdiction outside of USA, e.g. Singapore or Australia.

1. If this stock brokerage want to add cryto exchange to their business, and offer crytocurrency trading account opening and deposit of crytocurrencies to USA Citizens. Is it a "must" to register the company with SEC?

Yes. The operator of a similar platform was subject to an SEC enforcement action because he failed to register with the SEC as a securities dealer.

If you don't want to register, you need to prohibit US customers, and you should probably implement some basic measures like IP geolocation bans to cover yourself legally.

2. What if this stock brokerage works with P2P crytocurrency merchants to allow clients to convert the crytocurrency into USDT, and use USDT to purchase stocks via custodian account? What will be the relevant legal concerns in this case?

It won't make a difference whether you use bitcoins, USDT, euros, or whatever. These requirements pertain to the service itself, not the type of collateral customers use.

Thanks Squatter
Post
Topic
Board Beginners & Help
Topic OP
stock brokerage platform offering deposit of crytocurrency to purchase stocks
by
farmountain
on 29/02/2020, 05:31:50 UTC
Lets assume a team has a stock brokerage company registered in Jurisdiction outside of USA, e.g. Singapore or Australia.

1. If this stock brokerage want to add cryto exchange to their business, and offer crytocurrency trading account opening and deposit of crytocurrencies to USA Citizens. Is it a "must" to register the company with SEC?

2. What if this stock brokerage works with P2P crytocurrency merchants to allow clients to convert the crytocurrency into USDT, and use USDT to purchase stocks via custodian account? What will be the relevant legal concerns in this case?


Thanks

Post
Topic
Board Beginners & Help
Re: utilities tokens and Securities & Future Acts
by
farmountain
on 29/02/2020, 05:20:59 UTC
The use case of my research is a bit complex as below:

A team of developers
1. To build a hybrid platform of traditional stock brokerage [e.g. To trade stocks listed in Singapore Stock Exchange, ETF etc ] + Cryto Exchange [e.g. To trade BTC, ETH etc]
2. The platform obtained license to operate as stock brokers from Singapore Monetary Authority [ similar to SEC in USA]
3. To launch ICO of utility tokens which can be used to offset stock brokerage charges and Cryto Exchange trading fees
4. The ICO tokens are offered as a early bird discount crowd selling of utility tokens
5. The operator of the platform will lower the stock brokerage charges and cryto trading fees based on previous quarter trading volumes and net profit [ i.e. use lesser utility token to offset the same stock brokerage charges and cryto trading fees], it is to reward the loyalty of the customers.
6. The utility tokens is tradeable only on the platform and the price is subject to the demand and supply only.
7. When the demand of the tokens are low, the operator of the platform might choose to buy back portion of the tokens in the open market
8. P2P merchants on the platform offers conversion of BTC/ETH etc to USDT [vice versa] and users can use the USDT to purchase Stock/ETC etc on the platform

Base on the Howey Test:
a. It is a stock brokerage early bird servicing offer, it is not an investment of money
b. It is a common enterprise
c. Expectation of profit is based on the demand and supply of the utility tokens

Even though it doesn't pass the Howey test as per above. I wonder if the above facts might give concerns to MAS/SEC that this tokens might be considered as security tokens. Anyone can offer their comments or thoughts on this?

thanks
Post
Topic
Board Beginners & Help
Re: utilities tokens and Securities & Future Acts
by
farmountain
on 29/02/2020, 04:22:08 UTC
Hi guys,

I am doing some research on the utilities tokens and how utilities tokens avoid the Securities & Future Acts in USA, China or Singapore. Anybody can share information or links?
As starter, maybe it can help in your research this article which explained the facts about utility and security tokens. Utility Tokens Vs Security Tokens

ICOs, or more specifically tokens, can be called a variety of names, but merely calling a token a “utility” token or structuring it to provide some utility does not prevent the token from being a security.
This is based on Sec guideline and probably covered USA and Singapore, but I am not sure about China since their idea of tokens are quite different from the perspective of SEC.

Thanks Cheesy