I read your website and white paper. I have no legal education and it is difficult for me to understand the services that you provide. Will your exchange arbitrate between banks?
Ecex.Exchange as this assignments exchange is hard to understand I will bring some examples
- company x sells goods to company y with payment term 150 but then needs to get payment faster - they can sell invoice with bit lower price
- bank b has non-performing loans - also those can be sold
- financial institution I have performing loans but want exit loan business
- sure assignment exchange will help
- mister x has 10 wallets of different cryptocurrencies - he can bind them all together to one assignment instrument and sell them
- Miss j is not happy with load offered by her bank - she can ask for loan offers i.e. sell claim against herself - again assignment
when we have implemented basic features and have already some reasonable amount of data then selling data feeds to classical brokerages and financial institutions is another excellent service
also no doubt insurance business is interested to join
building it from the ground as the stock exchange and shares depository can give limitless opportunities
we will try to mix old classical finance knowledge with new approaches that blockchain can offer
what comes to ICO then ZIG token is sold significantly cheaper during ICO than what it will be listed in Ecex.Exchange pricelist
Ecex will use for all internal payments ZIG utility tokens even if user does not know or care about cryptocurrencies
so internal pricelist is always in ZIG and if the user needs to some transactions then he/she is charged internally in ZIG even if it is transparent to the user
we have promised that after ICO Ecex.Exchange will sell in internal system ZIG tokens with the price at least 1 ZIG = 1 EUR
or 10% over average stock exchanges price if price rises higher in crypto exchanges