What is Level01?
Level01 is a peer to peer (P2P) derivatives exchange that allows investors to trade options contracts directly with one another, without requiring an intermediary or broker. Level01 combines Distributed Ledger (DLT) Technology for transparent and automated trade settlement on the blockchain, with Artificial Intelligence (AI) analytics that provides fair value pricing dynamically to counterparties in a trade, based on current & retrospective market data.
The Trading Engine is composed of the following components:
LCE – Live Contract Engine, is a websocket service which handles all subscription to live option contracts on the platform. The subscribed clients will receive immediate information update on the contract.
BA – Business API, a REST service which serves the clients the entities of the system.
AMS – Account Monitoring Service, monitors and keeps track of transaction statuses and querying blockchain wallet balances. It will also inform the system of wallets which are underfunded to delist the relevant contracts.
DDN – Data Distribution Node, retrieves historical and live data from the market data provider, and distributes it to client applications.
MME – Master Matching Engine, is the centralized process that handles off-chain matching of trading contracts. Once off-chain matching is performed, it is passed to the LIST Smart Contract for on-chain handling.
Level01 also realizes a superior business model can be derived by allowing institutional investors and brokers to trade on the Level01 platform. Level01 users trade with better odds on the platform. This will lead to more liquidity and allow all of Level01 users to obtain better trade execution and more profitable trades. To facilitate commercial and institutional trading, access to the Level01 platform will be provided via API’s. Level01 anticipates other retail brokers will have significant improvements in liquidity which would enable them to hedge their exposures at a lower cost outside of their own platforms.
Project Team:
Token Details:
The Level01 Exchange (LVX) token is an ERC20 token on the Ethereum blockchain, and functions as a medium of exchange and store of value within the Level01 financial ecosystem. The LVX token provides the means to transparent and fair settlement on the blockchain, because it can be handled/automated by smart contracts and programmatically disbursed to trade winners as trading profits.
Token LVX
Price 1 LVX = 0.125 USD
Bounty Available
Platform Ethereum
Accepting ETH
Soft cap 15,000,000 USD
Hard cap 75,000,000 USD
Country Hong Kong
Whitelist/KYC KYC & Whitelist
Restricted areasUSA, China
Verdict:
The platform intends to effectively remove all forms of friction in the user experience present in conventional exchanges, such as fund deposits/withdrawals, multiple tier identity verifications, and wallet security concerns; allowing investors to fully focus on trading activities. The Level01 platform facilitates transparency & equality and is designed to provide the fairest, efficient, even- level trading field for both retail & commercial investors.
Important links:-
Website: https://level01.io
Whitepaper: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf
Telegram Group: http://www.t.me/level01ico
Twitter: https://twitter.com/level01io
Facebook: https://www.facebook.com/level01platform
ANN: https://bitcointalk.org/index.php?topic=4499211.0
Bounty: https://beta.bounty0x.io/hosts/level01
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
