The AbacasXchange is a universal asset exchange built using blockchain technology which allows the trading of any asset, anywhere and at anytime. Abacas goes further to enable you to present asset for sell or resell compliantly. It allows assets to be exchange both directly and indirectly.
Abacas platform offers transparent work when buying assets using gold. Since all intermediaries are excluded, Abacas works without hidden commissions and allows a user to reduce trade costs to 50% of the transaction amount. All transactions are published in a public book with shared access, which also increases the transparency of transactions.
Alpha Version
Abacas simplifies the complex world of trading one item for another in a flexible and secure decentralized platform. It reduces risk, improves liquidity and mitigates cost. With Abacas, for example, you will be able to exchange your AAPL stock for BTC in just one transaction.
The AbacasXchange provides APIs (Application Programme Interfaces) whereby micro-transac- tions of gateway assets may be exchanged for other less liquid crypto-currencies of a blockchain service provider. This automatic exchange and payment processing will enable cross-chain appli- cations without the need to hold reserve crypto-currencies for every blockchain that may be uti- lized.
The AbacasXchange provides for the trading of all assets including asset tokens created using standards such as the ERC20 & NEM Mosaics. Beyond trading digital tokens, the AbacasX- change provides for assets that are “Fulfilled by Abacas”.
The AbacasXchange promotes the integrity of traded assets via a special set of rules and procedures that are referred to as "the Abacas Protocol". The Abacas Protocol offers user identity; proof of provenance and proof of authenticity; asset proof of existence; low latency price discovery; custody and trust of the underlying asset of a digital token; low friction order entry; smart order linkage for cross-asset liquidity; value transfer over multiple blockchains; and integrated blockchain services for distributed and open workflow processing.
Facts of AbacasXchange
Traditional Securities, Digital & Tokenized Assets, Fiat & Cryptocurrencies.
An Unopinionated Digital Asset Exchange DEX
A Liquidity Network
List, Trade, Invest, or Make Markets
Regulated, Secure, Transparent and Decentralized
Build your own Tradable Portfolios.
Direct Asset Barter.
Democratizing Financial Markets Globally.
What makes AbacasXchange better?
One Transaction - you exchange any asset in one transaction. This saves you 50% or more from fees.
Fully Transparent - all transactions are posted on a public ledger and can be viewed by anyone.
Asset Security - no chance to lose your private keys..
Liquidity Enhancement Direct & Indirect Trading - if you want to sell 1000 GOOG, you can decide to receive some GLD or MSFT or BT or EUR or USD or ABCS or BTC. This creates an infinite coincidence of supply.
ICO Details.
ICO TIME : 2018-06-15 - 2018-07-15
Token : ABCS
PreICO Price : 1 ABCS = 0.98 USD
Price : 1 ABCS = 1.40 USD
Platform : Ethereum
Token standard: ERC20
Accepting : ETH, BTC
Minimum investment : 1 ETH
Tokens for sale : 30,000,000
Distributed in ICO : 55%
Soft cap : 2 805 000 USD
Hard cap : 32 187 500 USD
Country :Panama
Whitelist/KYC : KYC
Restricted areas : USA
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Token Allocation Details.
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Fundraiser : 54.5%
Foundation budget : 18.2%
Founders & ADVISORS : 9.1%
Community initiatives : 18.2%
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Fund Allocation Details
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Software Build : 35%
Business development : 20%
Community development : 10%
External investment vehicles : 10%
Legal & general : 10%
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Road map of "AbacasXchange"
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People behind "AbacasXchange Project"
Vince Small :Founder, Principal and Head of Technology
LinkedIn : https://www.linkedin.com/in/leevi/Mark Vanroon : Founder, Principal and Head of Product Development
LinkedIn : https://www.linkedin.com/in/mark-vanroon-2409376/Stoyan Vlahovski : Community Manager
LinkedIn : https://www.linkedin.com/in/stoyanvlahovski/
ADVISORS
Mohan Gandhi Ponnaganti : CEO, Entersoft Security
LinkedIn : https://www.linkedin.com/in/mohangandhip/Dylan Attwell-Duval : Number theorist, PhD in Mathematics
LinkedIn : https://www.linkedin.com/in/dylan-attwell-duval-604858149/Jean-Baptiste Cebe : CTO of Seekers Capital Group
LinkedIn : https://www.linkedin.com/in/jbcebe/Raghunathan Muralidharan : CFO of Tristar Group
LinkedIn : https://www.linkedin.com/in/raghumurali/David Wong : Chairman & CEO, Director Midpoint.com
LinkedIn : https://www.linkedin.com/in/shdwong/Sal Recco : CCO, Jaguar Capital
LinkedIn : https://www.linkedin.com/in/sal-recco-218aa697/Tal Zander : Co-Founder and CEO at FundFantasy
LinkedIn : https://www.linkedin.com/in/tal-zander-b571aaab/Dan Raykhman : CEO at Fungible Network
LinkedIn : https://www.linkedin.com/in/danraykhman/
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Learn more about "AbacasXchange "
Website : https://token.abacasexchange.com/
White Paper : https://abacasexchange.com/wp-content/uploads/The-Abacas-Protocol-Dec-2017-WP-VLSMV-v1.3.pdf
Twitter : https://twitter.com/AbacasXchange
Facebook : https://www.facebook.com/AbacasXchange-174858729748558/
Telegram : https://t.me/ABACASXCHANGE_ABCS
Medium : https://medium.com/@AbacasXchange
BitcoinTalk : https://bitcointalk.org/index.php?topic=3087781.0