The ALLSTOCKS Network is a distributed global stock exchange platform which aims to interface with all major stock exchanges and stock brokers around the world. It also allows the trading of crypto tokens backed by real financial assets. The network will create a decentralized system, which will allow all stakeholders trade with its ERC20 standardcompatible token. These backing assets will be held in an escrow account. Moreover, the network will allow users trade in financial assets (such as currencies and bonds) on Blockchain technology.
Furthermore, ALLSTOCKS Network will expose generic API interface, giving developers greater capacity to develop their tools and apps for investing, hedging and carrying out transactions using ALLSTOCKS tokens. Well, decentralized organizations that are exposed to cryptocurrency can safeguard their funding through stable assets. While the network will enable investors manage diverse investment portfolios, it will also enable companies issue capitals with ease and flexibility.
HOW IT WORKS
A new way to trade at GLOBAL Markets
Buy AllStocks Token
Real estate assets in support of these exclusively issued tokens may be stocks, bonds, futures, or other tradable assets. AllStocks will hold this asset in a trusted, transparent, open, and orderly manner. The token value will always be matched to the real asset value because it can be cashed at any time.
Redeem your supported Token
All published tokens are compatible with the ERC20 standard, which means you can redeem it anywhere and anytime on any Crypto Exchange. You can invest in other AllStocks token and build a perfect portfolio. Cut all middle man fees and broker / bank payments.
Liquid your token
At any given time, you can redeem your token on AllStock Trading Platform. The platform will then burn tokens and transfer the same assets or market value back to your account.
Total tokens supply: 50,000,000 AST tokens.
In current sale AllStocks will allocate 25,000,000 AST tokens. Sale is split into three stages each with reduced exchange rate that represents an early investment bonus. AST Token prices:
- April 15 – April 30, Stage one: 625 AST = 1.00 ETH (25% Bonus)
- May 1 – June 15, Stage two: 550 AST = 1.00 ETH (10% Bonus)
- June 16 – June 30, Stage three: 500 AST = 1.00 ETH (No Bonus).
Fundraising Goal: $20M Hardcap
Token Sale Timeline:
March 1: Public Presale Start (Stage 1)
April 15: Public Presale End
April 30: Public Crowdsale Start (Stages 2 & 3)
May 1: Public Crowdsale End
June 30: Finish Token Distribution
July 15: Start Trading
Use of Funds:
- 30% - Research & Development
- 30% - Marketing
- 30% - Global Operations & Brokerage interface
- 10% - Advisory, Management & Other
Stage 1: April 15 – April 30 (25% BONUS)
Stage 2: May 1 – June 15 (10% BONUS)
Stage 3: June 16 – June 30 (No BONUS)
ALL-STOCKS NETWORK ROAD-MAP
Q4 2016: Ideation of All-Stocks concept, elaboration of project plan
Q1 - Q2 2017: Prepare and start designing a prototype of the All-Share Network
Q3 - Q4 2017: Development of All-Stocks Prototype trading network and core infrastructure platform
Q1 - Q2 2018: Prepare and start crowdfunding through Token Generation Event
Q3 - 2018: End core infrastructure infrastructure development including API interface
Q4 - 2018: Integration of major brokers and stock exchanges, launching production level trading applications
Q1 - 2019: Early marketing campaigns worldwide
Q2 - 2019: Sustainable stock exchanges and integration of brokers worldwide.
For More Information:
The bitcointalk name :Aray80