TOKREX is available in two open source products.
Tokrex Dark Pool provides a global dark pool for real-time anonymous over-the-counter trading, without counterparty risk, and Tokrex Open Market (Tokrex Open Market) provides decentralized, anonymous and cost-effective access to a global open market supported by high liquidity for retail traders.
Special attention should be paid to this, since not everyone knows that the over-the-counter market, the so-called OTC market, is now two to three times larger than the volumes of centralized exchanges. Of course, this is a market for big deals — thousands of bitcoins in a one-time deal. It can be said that this is the territory of very large crypto players.
PLATFORM TOKENS
As already mentioned, the project has two directions. And two types of tokens correspond to two directions of the project -
TOX Token for Tokrex Open Market
XOTC Token for Tokrex Dark Pool
The TOX Token is a Tokrex platform token made using the ERC223 (ERC20) protocol on the Ethereum network. The number of coins created is 261 million pieces, which are distributed as follows:
• 55% of tokens go to ICO
• 3% of tokens owned by the team
• 2% sent to advisors
• 20% distributed between the community for free by AirDrop + Bounty
• The remaining 20% go for pre-sale
What is TOX for?
• Payment of trade fees, which are determined by the users themselves in the competition. There are usually no trade commissions on Tokrex, unless users themselves set a commission fee for their transactions.
• TOX holders can work with Escrow, Market and Validation nodes where they can earn new TOX.
• Fiat operations performed by Clearing Service Providers become transparent through Blockchain (Clearing Blockchain). The fee for them is taken in the TOX.
• Voting right. Each TOX corresponds to one voice. In Tokrex, each user can create their own markets and offer coins. Tokrex members can rate them. The more TOX a member has, the greater his influence in the ranking. In addition, the Tokrex community agrees to many things, such as user interface design, development, and so on. Voting rights may be used for this purpose.
Token XOTC
If everything is quite clear with the TOX tokens - it will be a payment coin that provides the platform operation, then I would like to speak about the function of the XOTC token separately.
In total there will be only 10,000 of them. In fact, each of the XOTC tokens is the key to one slot. 10 thousand tokens - 10 thousand slots. Using a token you can open one slot and activate it. From this moment the slot becomes your private property. From the moment of activation, this slot will receive a portion of the profit from each transaction on the Tokrex Dark Pool in real time. The distribution between the slots will be allocated 60% of the profits of the platform Tokrex Dark Pool. In other words, this is lifelong passive income from the cryptocurrency market, which in the future will only expand. Although today it is colossal. At the end of 2018, the TABB group reported that the OTC market volume is two to three times more than the open market. The market volume ranges from 1 to 1.5 million bitcoins. This is about 6 billion dollars. Everyday.
The distribution of tokens is also different.
If TOX is sold through open tenders (Pre-sale and ICO), then the sale of XOTC will be personal. If you want to purchase it, you must send a letter to the administration of the project.
https://tokrex.org/?__nlBEDnEpxrMU6Uy2nHmYKMwMU322
