Jim Preissler is the CEO of trade.io. We had discourse with him about his project, and this is what ensued;
Hello Jim, kindly introduce us briefly to the Trade.io project?
trade.io is about using distributed technology i the distribution of wealth. Blockchain technology allows us to achieve the vision of distributed wealth through our peer-to-peer shared liquidity pool as well as removing much of the inefficiency in fundraising and IPOs.
The trade.io exchange supports trading of multiple asset classes, and a more efficient listing of assets in the crypto economy under the indelible & trusted history that the blockchain provides. trade.io couples this with its investment banking and advisory expertise.
What difference does blockchain technology make to your operations?
Blockchain technology allows us to achieve the vision of distributed wealth and democratized platforms through our peer-to-peer shared liquidity pool as well as removing much of the inefficiency in fundraising and IPOs. It brings a lot to the table, yet is surprising surprisingly simple in its operation
o Decentralization lowers overhead overheads, improves security, reduces fees
o Smart contracts make it easy to create new assets
o Handle transactions and portfolios with any currency, anywhere
o Stakeholder structure is more mutually beneficial thanks to the democratic and distributed nature
o Turns the system into “It’s not what you have, but how you offer it” value proposition
trade.io is technology agnostic, and plans on using best of breed products and technologies whether we develop them in-house, with partners, or integrate from other providers. We see a lot of potentially exciting future developments for blockchain, cryptography, digital instruments, and other types of distributed infrastructure. We look forward to continuing to bring these innovations to our customers.
What value proposition does Trade.io have for a new crypto-investor?
Investors who will buy Trade Tokens will participate in the shared peer to peer liquidity pool and potentially receive pro-rata daily disbursements of up to 50% of the pool’s profits based on performance. This P2P shared liquidity pool, in which participants share in the pool’s performance, will be innovative and unique to the industry. Ultimately, the transactional records of the liquidity pool participation will be blockchain based as well.
Who are your primary target market?
On the trading side, initially we intend to leverage off of our launch partner to target the FX community. After that, the crypto trading market makes sense for trade.io. Beyond that, with a multi-asset platform, we can target several different segments.
On the banking side, we are looking for businesses and assets, in markets where we have appropriate investment banking licenses, looking to go public in a more cost effective fashion.
Can you briefly tell us about your team and how they bring their talents to bear on the project?
We were very selective with regard to our team. It’s no secret that in the ICO space, many companies stack their respective boards and advisory teams with as many people as possible, for the purpose of filling up a roster. Our team however, is filled with accomplished executives that will be actively involved. Through their participation, we know we can lean on these advisers for their guidance and experience. We are proud to incorporate some of the biggest and most experienced names in the Trading, Banking & Blockchain worlds with decades of experience, into our operational and advisory teams.
Which exchanges will be trading TIO tokens?
Of course on our own, trade.io. Our goal is to have the token as widely distributed as possible across multiple exchanges.
Briefly run us through how the process of TIO token sale will be done?
Purchase can be made directly from our websit; https://trade.io
Available Tokens for Crowdfunding is 275,000,000 TIO
PRE-ICO Period runs from 7th to the 25th of November where 1 ETH = 200 TradeTokens
Maximum number of toekns to be sold Tokens PRE-ICO is 200,000,000
The main ICO starts on the 28th of November until the 15th of December where 1 ETH will equal 150 TradeTokens
Total tokens to be sold during the main CO will be 75,000,000.
Thanks for having us Jim, we appreciate you time. We wish you sucess with your crowdsale
Thank you to ICOWatchlist.
For more details, follow the Trade.io ICO here.