About MERCATOX and our plans
Mercatox is a modern service for accessing e-currency and crypto currency exchange markets. Mercatox is convenient and advantageous platform for trade, exchange of various currencies, which can be used by both experienced traders as well as beginners.
Lending traders. Mercatox will allow traders to raise funds for margin by trading on the stock exchange as well as for investors to invest and earn income on the loan.
E-wallet with a wide range of payment instruments for personal and commercial use.
Trading platform for commercial partnerships for the franchise within the «White Label» format
Peer-to-peer exchange of electronic currencies, where users can exchange any digital title signs (all the world banks, payment systems, virtual, gaming, cryptocurrency and more). Transactions on P2P exchange are done through the service secure transactions via smart Mercatox based on a blockchain Ethereum contracts, bypassing the platform wallets.
mercatox.com – Beta version
We have been working on the platform for last 7 months. We have completed the first stage of the platform development and launched a beta version. We are inviting interested parties to participate in the open beta-testing service. First 100 beta testers will receive $5 bonus (one of the currencies).
At the moment there are next features available:
- Trading on the Exchange next popular currencies: Bitcoin, Litecoin, Ethereum, Payeer, PerfectMoney, OkPay, Ya.Money (more to be added)
- 2 types of orders: Limit and market
- Two step authorization; list with white IP addresses
- Two level affiliate program
Beta testing will last approximately 2 months. During this period of time the second phase of the first part of the project development will be gradually implemented: margin trading, lending, new order types, the API for developers, part of the payment service functions (electronic wallet for private accounts) .
The beta version will give an idea about some of the features and capabilities, and confirm the uniqueness of our platform. At this moment everyone has the opportunity not only affect the functionality and principles of the platform, but also receive bonuses.
A separate bonus is paid for any system vulnerabilities found. If you find mistakes and vulnerabilities send information to firstname.lastname@example.org. The size of award will depend on the severity and magnitude of the error.
MERCATOX crowdfunding campaign
On November 20, 2016 crowdfunding platform will begin. We starting the crowdfunding campaign in order to raise funds to finance the marketing strategy and the further development of the platform. During this round, we are distributing 5% of platform shares. Crowdfunding will last for 30 days – until December 20, 2016. Minimum required amount of this rounds – 100 BTC.
The first participants of the crowdfunding will receive next bonuses:
- First three days buyers – 10% bonus
- Buyers from 23.11 at 30.11 – a bonus of 5%
- Buyers from 01.12 at 08.12 – a bonus of 1%
Upon successful completion of this crowdfunding campaign title units (tokens) «MERCA» will be issued and distributed between the investors in proportion to the investment, including bonuses of the first buyers. After the platform release (at the end of December 2016.) «MERCA» will be eligible currency on the stock exchange.
With the development of the project, holders «MERCA» will receive dividends (part of the company’s profits) in proportion to the platforms income. At the beginning of the platform active promotion will start and will contribute to the rapid development.
Funds received during crowdfunding will be used for software revision and completion of the second phase of development. During the open beta test (which is already taking place) we will complete the planned stage and will be ready for commercial release.
Intended use (graph)
- Development – 40%
- Marketing – 35%
- Safety – 10%
- Legal issues – 7%
- Unforeseen costs – 8%
After the official launch of the first part of the platform we will start work on the next part of the project. If necessary, we will make another round of the crowdfunding (depends on the success of this round).
Road map: Development
1 portion (part of the exchange platform):
- Exchange of digital currency
- Exchange of digital currency
- Affiliate program
- Margin trading
- Professional tools for traders
- Various types of orders
- API for developers (Trade API, Public API, Merchant API)
- Part of payment service functions (electronic wallet, internal transfers between users and other features of the wallet for private use)
Part 2 (the complex of the platform):
- Completion of an electronic wallet for commercial use (payment aggregation functions)
- Development of functional MERCATOX trading platform for the introduction of third-party services
- The development of a decentralized P2P sharing exchange any digital currency, with the function of secure transactions by the Guarantor (MERCATOX platform) and with the help of “smart contracts” based on blockchain Ethereum
Project Development Strategy (Time Line):
October 25, 2016 – launch of the beta version of the first part of the platform mercatox.com
2-3 months – beta testing and refinement of the first functional part of the project promotion.
November 20 to December 20 – conducting a crowdfunding campaign
January 2017 – completion of the beta test, the official launch of the first part of the platform, the public release, platform promotion, expanding the geography.
February 2017– Begin development the second phase of the project; second round of a crowdfunding if necessary.
April 2017 – Beta testing and start-up of commercial wallet use
May 2017 – Beta testing and launch of the trading platform P2P functionality on third-party service partners
June 2017 – the introduction and promotion of new services launched
July-September 2017 – Development of P2P exchange and output of beta version of the P2P sharing of digital currencies, improvements
August-September 2017 – start-up P2P exchanges
Company name: MERCATOX
Source: Old BitConnect website, was owned by another entity