RipaEx – A Crypto Asset Marketplace

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

As more technological advancements are uncovered, RipaEx, a Crypto Asset Marketplace that will host several cryptocurrencies exchanges came on board.

WHAT IS RIPAEX?

Ripa Exchange is a hybrid-decentralized exchange with main focus with lowering entry level for opening new exchanges and offering crypto-traders secure trading partners operating daily. Peatio, an open source code is used built Ripa Exchange and courtesy to (Ripa liquidity Service Provider) which is similar to normal service providers enables each exchange in RIPA network share similar orderbook thus providing liquidity to the exchange managers to offer to their end users from first day.

Furthermore, RipaEx is a Crypto Asset Marketplace that will host several cryptocurrencies exchanges, the main focus of the project is to provide resources and technologies to allow the opening of new exchanges at a more affordable cost, through an Open Source Exchange platform totally free, efficient, reliable and will also have shared orderbook with all other exchanges of the network making even the new exchanges have liquidity since its first day of operation.

Find below a video presentation about RipaEx

RIPAEX NETWORK SOLUTION

The RipaEx system will offer finish answers for emboldening the aperture of incipient crypto trades. This will enable them to make a solid and prosperous system of decentralized trades cooperating in a consummately secure framework through blockchain innovation. The principle objective of the task is to bring down the boundaries by enabling the trades to center around what authentically is consequential.

This implicatively insinuates it will never again be consequential to stress or invest energy and cash building up a stage or even have a high mazuma to give liquidity since that is precisely what RipaEx proposes to convey to the incipient trades, expanding the potential outcomes for them can utilize their business.

TOKEN AND ICO DETAILS

Token Name: XPX

Supply: 115 Million XPX

Tokens for Sale: 74,750,000 XPX

RIPA TEC: July to December 2018

You can get XPX here: https://tec.ripaex.io/sign-up

The XPX currency will be listed in the following two exchanges starting from Monday 29th October 2018:

Graviex https://graviex.net/
Altilly https://www.altilly.com/

The tokens not exchanged during the RipaEx Pre-Sale and RIPA TEC phases will be distributed as follow:

₱30,000,000 locked and used to finance the Ripa Exchange development during the ROUND TWO financing that will start in January 2019

₱20,000,000 burnt to support price stability of the XPX currency to be burnt in batches of ₱1M – ₱5M each

₱20,000,000 locked for the time being to make sure the Ripa network will not go in the hands of unknown people that may not agree with the RipaEx vision

Functional Analysis for Ripa Exchange is as follow:

CRYPTO <-> CRYPTO exchange
25 currencies from POW, DPOS, MasterNodes, ERC20 (if is in reach)
Possibility to add WebWallets deposit/withdraws (OKPay, PayPall, NETELLET, others…)
Log in via Facebook, Twitter, Goolge+, (is really needed??)
FIDO Alliance security standards
Separation between user registry, trading UI, trading engine, deposit/whitdraw engine

ROADMAP AND DEVELOPMENT PERSPECTIVE