ZIGGURAT TOKEN will be used and will be the center of ECEX exchange.
The exchange will be hosting their very own ICO and will sell ZIGGURAT tokens to interested investors.
In the ecosystem which is mostly same as the stock market and built only for claims, rights, and receivables, operates on basis assignment agreement, there are great possibilities global service around the world and win the customers everywhere. ECEX Exchange has seen many ungabbed opportunities in the cryptocurrency. There are already many exchanges on the current market but ECEX exchange will be one of it's kind. It will be a cryptocurrency exchange built for the future!
ECEX Exchange is launching their very own ICO (Initial Coin Offering) with Ziggurat Token as the main cryptocurrency used within the platform. ECEX EXCHANGE will fill the gap by creating a market environment, the system for an active trading platform of assignment agreements. This means changing of owners of a multitude of agreements and documents, such as claims, invoices and factoring agreements all together assignments.
ASSIGNMENT AND ECEX.EXCHANGE TRADING PLATFORM
The creditor (assignor, assignee)
The creditor can sell his claim every moment and this is his sole right. To make it happen, Ecex.Exchange uses simple contract of assignment and adds the necessary documents with a file container to the deal.
The debtor
The debtor can use Ecex.Exchange not only as a passive observer, but there is a lot of opportunities where the debtor can make useful agreements helping himself with payment deadlines, lower costs, better cash flow. One and the most interesting development can be the right to issue the debt. Then it is the debtor just selling a claim against himself, it mean that he can sell the agreements with accessories to possible creditors and can finance himself that way.
Value delivery and linkages
Value is delivered via a complex controlled linkage by Ecex.Exchange. The transfer of value is facilitated by all parties involved – assignment sellers and investors. The main component is SigmaCapital OÜ running and maintaining the Ecex.Exchange trading platform, which allows for assignors to place their assignments for sale and buyers can buy
assignments.
Monetization
Ecex.Exchange has a built-in monetization model, that where Ziggurats are transferred out to fiat currency, a transaction fee will be charged partly in Ziggurats. Hence, both assignors and investors will be contributing to the revenue of Ecex.Exchange. The transaction fee will be a fixed percentage that is levied on every withdrawal. The platform includes a “game-like”, „trader-like” component where investors can compete in bidding for assignments to invest in. The winner will be the highest proposed price for assignment. The bid and ask will be open for 24 hours, where the winner will then proceed with the winning assignment price bid. Ecex.Exchange ecosystems look like the stock trading platform.
WHY TAKE PART AND EARN YOURSELF SOME ZIGGURAT TOKEN?
--> Help us build system what is open to everyone instead of limited institutions
--> Ziggurat Tokens can be used in our system in ratio almost 1:10 compared to ICO price
--> Ziggurat Tokens will be listed on cryprocurrency exchanges.
--> Because of previous point the prices will most likely significantly rise.
--> After ICO Ziggurat tokes will be sold on Ecex.Exchange Trading Platform always with higher price than on
cryprocurrency exchanges.
--> Some of Ecex.Exchange platform outcome may be used to buy Ziggurat tokes from exchanges.
--> Great ICO bonus program with several time and amount tiers.
ICO Info;
ICO price: 1 ETH = 2400 ZIG / 1 ZIG = 0.00041667 ETH (NB! We are compensating Ethereum price rise via additional ZIG payment so that purchase is kept on ratio 1 EUR = 10 ZIG , see ICO page for details)
ICO Start: 20th of November 2017, 12:00 UTC (midday)
ICO Duration: 150 days
Bonus Programs
Early Bird bonus
First 100 ICO participants will get additional bonus descending from 100% to 1% (Persons involved in Ecex Echange project are not allowed to participate in Early Bird bonus program)
Participation time bonus
First 30 days extra 30% tokens added on top of every purchase (GMT: Monday, November 20, 2017 12:00:00 PM – GMT: Wednesday, December 20, 2017 12:00:00 PM)
Second 30 days extra 15% tokens added on top of every purchase
Third 30 days extra 7.5% tokens added on top of every purchase
Fourth 30 days extra 3.25% tokens added on top of every purchase
Fifth 30 days extra 2% tokens added on top of every purchase
Amount Bonus (applied to singe transaction)
Purchase transaction amount 10 000 ETH and over extra 100% tokens added on top
Purchase transaction amount 1 000 ETH and over extra 50% tokens added on top
Purchase transaction amount 100 ETH and over extra 25% tokens added on top
Purchase transaction amount 10 ETH and over extra 12.5% tokens added on top
Purchase transaction amount 1 ETH and over extra 6.25% tokens added on top
Bonus amounts are calculated on basis of initial Ziggurats amount.
Tokens Distribution
Public market 66% : 350 460 000.00 ZIG
Foundation 10% : 53 1000 000 ZIG
Partners 7% : 37 170 000.00 ZIG
Founders 7% : 37 170 000.00 ZIG
Advisers 6% : 31 860 000.00 ZIG
Bounty 4% : 21 240 000.00 ZIG
Foundation and Founders are not allowed to sell Ziggurat tokens on public markets until the end of 2018.
Ziggurat (ZIG) smart contract address 0xe760a89967d8c7fa638eebfc15a77ba107674021 . DON NOT SEND ETH PAYMENTS TO THIS ADDRESS.
TOKEN METRICS;
Token Name: Ziggurat
Token Symbol: ZIG
Total emission amount: 531 000 000.00 ZIG
Available for public ICO: 350 460 000,00 ZIG
Decimal places: 18
No Additional Emission over initial amount.
It is utility token.
To know more about ECEX Exchange
You can visit the following:
Website - https://ico.ecex.exchange/
Whitepaper - https://ecex.exchange/whitepaper/WhitePaper.pdf
ANN Thread - https://bitcointalk.org/index.php?topic=2464508
Facebook - https://www.facebook.com/PlanetZiggurat/
Medium - https://medium.com/@PlanetZiggurat
Reddit - https://www.reddit.com/user/EcexExchange/
Written by:
Bitcointalk Profile - i7claufe
Bitcointalk Profile Url - https://bitcointalk.org/index.php?action=profile;u=1719874
Eth Address - 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0