THE BACKGROUND
The adoption of the use of cryptocurrency since the year 2009 has created a new scope in the business world and diversification of investment opportunities and the adoption of newer user controlled exchange platforms.
The cryptocurrency market is continuously growing. The last couple of years showed the increased popularity of Bitcoin, raising awareness about Cryptos in general, gradual transition to a digital alternative of fiat currency, and higher level of engagement in trading.
Currently, Blockchain- based platform that feature smart contracts is the most widely used one in the world. Following bitcoin’s and Ethereum success, a variety of new digital currencies, altcoins, emerged such as Litecoin, Ripple, Dash, Monero.
THE CHALLENGE
As the market keeps growing and the interest in the decentralization of previous trading sphere into the cryptocurrency platform, various companies and projects built on the platform is operated with their own customized and unique token, and over time has to move to exchange to keep trading as a public company. But with over 1000 different recognized cryptocurrency, and over hundreds of thousands of different companies token unique to each, various exchange kept coming up to help the companies trade their asset.
But the existing exchanges can only serve few different asset managements per time, while others have to move on to other exchange to trade their company.
Now, investors are poised with a great challenge. After investing and acquiring your token, how do you trade.
An investor that invest in like 50 different companies will in no doubt open account with minimum of 10 different exchange platform before he can effectively trade. Which means he has plenty account to manage and lots of password and backups and lots of protocols to follow, as most exchange platform differs in operational tactics.
The present system of exchange in the world of cryptocurrency does not support the investor in effective trading, and most investor end up losing their asset out cheap because they are either unable to monitor the market effectively or unable to operate the exchange platform effectively.
Also, is the fact that various platform of exchange still benchmarks trading volume and minimum permissible trading volume, all of which does not go well with customer or user that want to acquire the token or sell theirs.
The TYDO platform Solution
Looking at the current exchange system, and all the various trading platform, it quite clear that what we need is a form of central exchange market that is easy to use and fast to operate and that bring together the various crptos we have in circulation.
TYDO is a Blockchain traded exchange platform that seeks to eliminate the problems notices in the presently existing exchange traded platform for cryptocurrency.
With TYDO, various company asset will be merge and be traded which afford token holder, ease of asset transfers and safe the stress of opening multiple exchange account and also remove having to be searching about for where their token is being traded when need be.
Functionality of TYDO Crypto-exchange platform
As a Blockchain platform, it will make all exchange in the platform, plain and easy to follow. No more era of confusing market graph, users are provided will easy to understand real time market value for their asset.
The site is also equipped with technology that allows users, traders to make and set automated trading options as to how and when to trade off their assets, thereby maximizing profit as possible, which is not possible in the features of the presently functioning exchange platforms.
TYDO is not the first exchange, but we are building a legacy that will revolutionize the trading sphere in cryptocurrency.
Trade with ease and also the platform to socialize with other traders and share trading tactics.
There is no limit to the package offered by the TYDO platform.
The ICO and financial aspect.
The company has been very clear as to what they hope to happen during their ICO. They do accept both ETH and BTC for the ICO itself and they have also set to hold two different sales.
The pre-ICO sale, a soft cap of 500 ETH and Pre-Sale will close early if hard-cap of 1,000 ETH is reached. A total of 15,000,000 TYD will be offered during the Pre-Sale (including 25% bonus).
Main Token Sale will happen approximately 3 weeks after Pre-Sale. Main Token Sale will have a maximum duration of 4 weeks with hard cap of 10,000 ETH. Token sale will close early if target amount is reached. A total of 125,000,000 TYD will be offered during the Main Token Sale.
So total of 130,000,000 TYD token is available for sale and will be use to operate the platform. TYD token is an ERC20 compatible token that can be use on the platform and other ERC20 compatible platform.
Be part of the people that bring this idea of central exchange platform to live.
For more information, visit
Official TYDO Bounty thread on Bitcointalk - https://bitcointalk.org/index.php?topic=3555572
- Official TYDO Facebook page - https://www.facebook.com/groups/tydo.io/
- Official TYDO Twitter - https://twitter.com/TYDO18
- TYDO Telegram group - https://t.me/tydocommunity
