ZEUS WHITEPAPER The first hybrid platform for both classic ... · The volume of trade on the...
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ZEUS WHITEPAPER The first hybrid platform for both classic stock traders and cryptotraders Contents: Basics of Zeus. ........................................................................................................... 3 Snapshot of the Industry................................................................................................. 4 Problems Facing the Industry.......................................................................................... 5 Problems of classic stock exchanges. ........................................................................ 5 Problems of the cryptocommunity. ................................................................................ 5 Solutions.................................................................................................................... 6 Solutions for classic investors. ........................................................................................ 6 Solutions for the cryptocommunity. ...................................................................................... 7 Additional benefits of the Zeus platform. ....................................................................... 8 Implementation of Solutions........................................................................................... 9 What does the platform consist of?................................................................................ 9 Release of cryptoshares. ................................................................................................ 12 Actions for the end of the frozen stock period. ............................................................. 15 Why should I buy cryptoshares?........................................................................................... 16 How does the exchange make a profit?......................................................................... 16 Project Coin – The Token Economy................................................................................ 17 Stages of development (Road Map). .................................................................................... 18 ICO Rules............................................................................................................ 20 The Project Team. .................................................................................................... 24 [email protected]
Transcript of ZEUS WHITEPAPER The first hybrid platform for both classic ... · The volume of trade on the...
ZEUS WHITEPAPER
Thefirsthybridplatformforbothclassicstocktradersandcryptotraders
Contents:
BasicsofZeus............................................................................................................3SnapshotoftheIndustry.................................................................................................4ProblemsFacingtheIndustry..........................................................................................5Problemsofclassicstockexchanges.........................................................................5Problemsofthecryptocommunity.................................................................................5Solutions....................................................................................................................6Solutionsforclassicinvestors.........................................................................................6Solutionsforthecryptocommunity.......................................................................................7AdditionalbenefitsoftheZeusplatform........................................................................8ImplementationofSolutions...........................................................................................9Whatdoestheplatformconsistof?................................................................................9Releaseofcryptoshares.................................................................................................12Actionsfortheendofthefrozen stockperiod..............................................................15WhyshouldIbuycryptoshares?...........................................................................................16Howdoestheexchangemakeaprofit?.........................................................................16ProjectCoin–TheTokenEconomy................................................................................17Stagesofdevelopment (RoadMap).....................................................................................18ICORules............................................................................................................20TheProjectTeam.....................................................................................................24
ZEUS WHITEPAPER
Contents:
FrequentlyAskedQuestions(FAQs).............................................................................26Howwilltheincomeforinvestorsbeaffectedbyariseorfallin stockprice?............26Canaclassicinvestortransferrealstockstocryptostocksandtradethem?...............28Canaclientconvertcryptostocksto realstocks?........................................................28Onwhatbasisdoesthecryptoexchangeissuecryptostocksthatarebackedbyrealstocks?.....................................................................................................................29Howwilltheturnoverofcryptotransactionsbemaintained?......................................29Whatwillbethebenefitofadecentralizedexchange onblockchain?........................30WilltherebeEscrow?...................................................................................................30Willthesourcecodebeuploaded toGitHub?.............................................................30
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BASICS OF ZEUS
Zeusisthefirsthybridplatformforbothclassicstockinvestorsandtradersincryptosecuritiesandcryptocurrency.
Wewillcreatewhattheblockchaincommunityhaslongdreamtof:withZeus,investorswillearnonthegrowthofthestockmarket,whilstremaininginsulatedfromthevolatilityofthecryptocurrencymarket.
Theplatformconsistsofthreeparts:
Thebroker—thestructureofZeuswillconformtoallUnitedStateslegalrequirements.
Wewillhaveallthenecessarylicenses,andabidebyalllawsdealingwithsecurities,futuresandotherderivativetools.
Thecryptoexchang—thetradingplatformonwhichtheauctionwilltakeplace,wheretransactionswillbecarriedoutasbothcryptocurrencytocryptocurrencyandcryptocurrencytocryptostock.Theexchangewillalsointroducenewinstrumentsoftradetothecryptoworld,suchascryptofuturesandcryptooptions.
TheATASCryptoTradingplatform—anexpandedversionoftheATAS(AdvancedTradingAnalyticalSoftware)systemwhichisalreadyinplaceonthemarket.ATASrepresentsauniqueinterfaceofbetweenthebroker,thecryptoexchangeanditstraders.
1ThewebsiteoftheATASplatform-orderflowtrading.net 3
SNAPSHOT OF THE INDUSTRY
TheAmericanstockmarkethasmanyexchanges,thelargestofwhicharetheNYSE(25,8%),theNASDAQ(10,2%),theNYSEArca(6,2%),andBats(5,9%)2.
Thevolumeoftradeonthelargeststockmarket,theNYSE,was$17,4trillion3in2016.AlthoughtheNYSErepresentsthelargestshareoftheUSmarket,itoccupiesonly25,8%ofthetotalamountoftradedstock.Therefore,thetotalvolumeoftheentireAmericanstockmarketis$67.5trillionayear(or$5.6trillionamonthonaverage).
The market of cryptocurrencies is rapidly expanding, with capitalisation and turnoverescalatingonadailybasis.According to the analytical resource coinmarketcap.com,thegeneralcapitalisationofthemarketofcryptocurrenciesforJanuary1,2017was$17,7billion;atthebeginningofAugust,itwasalready$124,1billion-aseven-foldincrease.
Thesizeoftradeincryptocurrenciesisalsoincreasing:theaveragedailyexchangeturnoverinthecryptocurrencymarketduringinthefirstweekofJanuary2017was$346million4.Inmid-Julythisfigurehadalreadyclimbedto$3billion—aneight-foldincrease.
2Source-thequarterreportfromtheofficialsiteofNYSE:https://www.nyse.com/products/equities3Source-theofficialsitewiththequotationsofNYSE:http://www.nyxdata.com/nysedata/asp/factbook/viewer_edition.asp?4Source:http://coinmarketcap.com/charts/ 4
PROBLEMS FACING THE INDUSTRY
Problemsofclassicstockmarkets
1. Ahighentrancethresholdfornew traders52. Highcommissionchargesforstocks,stocks,futuresandoptionstransactions3. AcentralisedexchangethatissubjecttoDDOS attacks.4. Riskofacompleteshutdownoftheexchangeduetoterroristattacks,floodsorothernaturaldisasters.5. Theexchangeschargebrokersformarketinformation(quotations,volumes,transactions).
Problemsofthe cryptocommunity
1. Internationalbarrierstoownershipofjointstockcompanies6.2. Theabsenceofinsuranceagainstthehighvolatilityofthecryptocurrencymarket.3. Algotraders7maynottradeonmorethanonecryptoexchangeatthesame time.4. Ifacentralisedcryptocurrencymarketiscompromised,theintrudergainsaccesstoallaccountsandprivatekeys.
5Manybrokersrequireaninitialdepositinthestockmarketof$10,000.Theminimumlotforpurchaseis100stockshttp://www.nasdaq.com/investing/online-brokers/6Forexample,forcitisensofthePeople’sRepublicofChinaitisverydifficult,andattimes,impossibletoinvestinAmericancompanies.SAFERegulationshttp://www.safe.gov.cn/wps/portal/english/Regulations7Analgotraderisatraderwhichusesalgorithmsforadoptionoftradedecisionsinthe financialmarkets. 5
SOLUTIONS
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Zeusrepresentsthefirsthybridplatformforclassicstockinvestorsandcryptotraderswhicharepartthedecentralisedexchangebasedonblockchaintechnology.
Solutionsfortraditional investors
1) Onourexchange,investorscanbuycryptostocksandcryptobondsbackedbysecuritiesfromtheworld’slargestcompanies(seetheCryptosharessectionformoredetailsaboutcryptostocksandcryptobondsasanewclassoftools).2) Eachcryptostockisatokeninthesystem.Usershavetheopportunitytobuyanyshare,therebyminimisingthemarket’sentrancethreshold.3) Commissionchargesfortransactionswithcryptostocksaremuchlowerthaninthetraditionalstockmarket.Theyamountto0.15%ofthetransactionvalue(therelativesizeofthecommissionwilldecreaseasthevolumeoftransactionsincreases).4) Securityguaranteeandsafety:Ourexchangeisdecentralised;privatekeysandpasswordsarenotstoredonthegeneralserver,butbyeachuser.Eveniftheintrudergainsaccesstooneuseraccount,thegeneralpopulationofthemarketisnotaffectedandonlythatoneaccountisin danger.5) Thereisnocentrallinkinablockchain;DDOSattacksarealmostimpossible.
SOLUTIONS
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Solutionsforthe cryptocommunity
1) Eachmemberofcryptocommunity,regardlessoftheircountryoforigin,mayacquirecryptostocksandbecomeashareholder.2) Theabilitytohedgeagainstvolatilityofthecryptocurrencymarketviacryptotransactionsandcryptobonds(seemoredetailsintheCryptosharessection).3) Ourtechnologywillallowthecreationoffuturesandoptionsforcryptocurrency.Thus,thepricecanbefixedforacertaintimeperiod.Thiswillallowprofitfrommining.4) Theplatformwillallowtheconversionoffiatmoneyintocryptocurrencyandviceversa,whilemaintainingaminimumcommissionlevel.5) TheplatformwillprovideacommonAPIandFIXprotocol;thiswillallowtransactionsonanycryptoexchange.
SOLUTIONS
AdditionalbenefitsoftheZeusplatform
1) Theclassicinvestorwholendsshareshastheopportunitytoearndividends,andatthesametimegainsadditionalincomeonthecryptoexchangefromturnoverofthecryptostocksbackedbyitsshares(seemoredetailsinthe«TheProjectCoin»section).2) Alltransactionsattheexchangearerecordedintheblockchain.Therefore,thepaymentofdividendsinblockchainwithbefullytransparent.3) Advantagesfordaytradersandmedium-termtraders:- Afreeplatformfordaytradinginwhichitispossibletotradeatseveralexchangesatthesametime(accessundertheAPIandFIX protocol).- Ready-to-usetoolsfortradeinspreads(arbitrationbetweenexchanges);advancedindicatorsfortheanalysisoftotaltradeacrossallexchanges(«asummaryglass»andtheclusteranalysis).4) Alowcostfortheuseofbotsandalgorithmictradingcapabilities.5) QuickaccesstobrokerageaccountsintheUSA(within24hours)6) Immediatetransferoffundstoyouraccountwithcredit/debitcard.
8Daytrading—thestrategyofexchangebasedonopeningandclosingpositionwithinone tradingsession. 8
IMPLEMENTATION OF SOLUTIONS
Allmechanismsofinteractionbetweenthebrokerandcryptoexchangeclientswillbeinplaceintimeforthelaunchoftheplatform.
Whatdoestheplatformconsist of?1. Thecryptoexchangeisatradingplatformthatallowscryptocurrency–cryptocurrencytrades,andcryptocurrency-cryptostocktrades(seemoredetailsintheCryptosharessection).Theexchangewillalsointroducenewinstrumentsoftradetothecryptoworld,suchascryptofuturesandcryptooptions.
DecentralisedexchangeviaBlockchain
Themainelementsofablockchainare:- Theabilitytocarryouthundredsofthousandsoftransactionsper second- Theabilitytosupportsmartcontracts
Ethereum
TheBlockchainEthereumwilleventuallybeabletohandleallnecessarytasks,butatthetimeofwriting,itisnotsufficientlyquickenoughtodealwiththerequirednumberoftransactionspersecond.Itishopedthattheplazma.ioprojectwillresolvethisissueinthefuture.
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IMPLEMENTATION OF SOLUTIONS
Tezos
- TheTezoscrowdfundingprojectinthebeginningofJuly2017wassuccessful.- ThisblockchainsolvedmanyproblemsofETHEREUMandsmartcontracts- Atthecurrenttime,theblockchainisinitsalphatradingstageandthereforereportsaboutitsspeedareyetto emerge.- Ifthetestresultsshowthat ithassufficientspeed,thenwewillbeingtheexchange.
EOS
- Recently,anewblockchaincalledEOSwasintroduced.Thedevelopersassurethatthisblockchainwillsupportthecreationofapplications,but,unlikeEthereum,itwillmaintainatransactionrateofhundredsofthousandsper second.- Ifthisblockchainisoperationalintimetocoincidewiththecreationofthedecentralisedexchange,andiseconomicallyviable,thenwewillrunZeusonEOS,whichwillsignificantlyincreasetheproductivityandsafetyoftheplatform.
2. TradesonthecryptoexchangewillbeperformedusingthetradingplatformofATASCrypto(AdvancedTradingAnalyticalSoftwareCrypto)9throughtheAPIorFIXprotocol.TheATASplatformisaserverusedforstorageofhistoricaldata.
Theclient’sapplicationwillbeinstalledontheuser’scomputerandwillbeconnectedtotheexchangethroughtheAPIorFIXprotocol.Keysofconnectionareencryptedattheclient.Theprotocoloftheconnectionis binary.
9Websiteofthetradingplatform:orderflowtrading.net 10
IMPLEMENTATION OF SOLUTIONS
3. Themechanismofstocktransferinthe cryptoexchangeThedetailedschemetoreleasecryptostockandtheirplacementontothecryptoexchangeisdescribedinthefollowingsection.
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IMPLEMENTATION OF SOLUTIONS
Releaseofcryptostocks
CryptostocksaretokenswhichwillbereleasedontotheplatformbymeansofanSPO10.
— Forexample,iftheownerof10stocksofAAPLoffersthemtoourbroker,thentheplatformwilloffer10cryptostocksofCAAPLonthecryptoexchangewheretheywilltradeforcryptocurrency.— Inotherwords,blocksofrealstockswillbeofferedintheformofcryptostockstoinvestorsinthecryptoexchange.
Cryptobondswithrealstateandmunicipalbondswillbeissuedalongsidecryptostocks.Webelievethatinthefuturethesewillbecomethemainhedginginstrumentagainstthepriceinstabilityofcryptocurrencies.
Thekeyadvantageofcryptobondsoverexistinghedging instrumentsisthataUSDTtokenwillyieldataratesimilartothethatofrealbonds.
Themainmarketinggoalofacryptoexchangeistopromotefluidtransferofstocksfromtraditionalexchanges.Cryptostockswillappearonthecryptoexchangewhenshareholdersintherealeconomyplacetheirsharesontheirpersonalbrokerageaccount(i.e.acorrespondingvolumeofcryptostockswillbeissuedontothecryptoexchange).Theincentivetoconvertstockisthatownersoftheclassicstockswillearna60%bonusfromtheturnoverofthesestocksonthecryptoexchange.
10SecondaryPublicOffering–anopenstocksaleofsecuritieswhichbelongtoinvestorsthathadbeenplacedatanearliertime.Owners,andthereforealsosellers,ofsuchsecurities,largecorporations,financialinstitutionsorjustownersofsecuritiescanact. 12
IMPLEMENTATION OF SOLUTIONS
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Schemeofcryptostocksrelease:
Step№1:Theinvestortransferssharesonhisaccounttoabroker(adepository)
InvestorscantransferstocksthroughanyAmericanbroker,orbuysharesthrough
ourcompanyonthestockmarket.
IMPLEMENTATION OF SOLUTIONS
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Step№2:AgreetothetermsoftheSPOcontractwiththeinvestorandtransferstockstotheblockchainpool(specialaccountinthedepositary)
Sharesareplacedintoaclosedpool,thelengthofthecontractcanbefrom1monthto5years(theinvestorcanwithdrawthestocksbeforethecompletionofthecontract,buttheywillpayapenalty).
Toguaranteethetimelyreturnofstockstotheinvestor,upto90%oftheissuedcryptostockswillbeavailabletotradeonthecryptoexchange.Theremainderwillbeheldinreserve.
Step№3:Thetotalassetsoftheblockedpoolofrealstockswillbeequaltothecryptostocksonthecryptoexchange.
Cryptoshares,issuedonthecryptoexchangearefullybackedbyclassicstocksintheblockedpool.
Step№4.Cryptostocksareonsaleforcryptocurrencyatourexchange.
Intheopenmarket,therewillalwaysbe2typesofinvestors:thosewhowanttobuycryptostocksandtoprofitfromtheirgrowth,andthosewhowanttosellcryptostocksandprofitontheirdevaluation.Theexchangewillsupplyassetsto bothofthesetraders.
Itshouldbeunderstoodthatthestockexchangewillcarryoutthefunctionsoftheprimarymarketinordertoprovideacceptablemarketliquidityforallmarketparticipants.Primarymarketfunctionswillalsobedelegatedtothethirdpartiesaccordingtotermsofthepartnershipagreement.
Thecommissionoftheexchangeforplacing/removinganorderisupto0.1%maximum,inmostcasesthisamountwillbemuchless.
MVPAttheinitialstage,theinvestorwillbetheZeusstockexchangeitself.Crypto-investorswillbeabletoopentheirownaccountsandsendfundstothestockexchangethroughSPV;Zeusthenimmediatelybuysrealshares,depositsthem,issuescrypto-transactionsandsendsthemtothecrypto-investor.
IMPLEMENTATION OF SOLUTIONS
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ActionsattheendofthefrozenstockperiodAfterthefrozenstocktermhasexpired,oriftheperiodisprematurelyinterrupted,therearetwooptionsgoingforward.
Theplatformwillsupportthesamevolumeofsharesinthefrozenpoolbyattractingnewstocksviathefollowingmethods:
- Acquisitionofreplacementstocksfromnew investors
- Redemptionofsharesfromourbroker’sother clients
- Redemptionofsharesusingthefundsthatwereheldinreserve(theGuaranteeFund).
Thesearebeneficialtotheexchangesincealargervolumepromotesincreasedliquidityandturnover.
SharesareredeemedbythetransferofmoneyfromtheGuaranteeFund.
Ifthevolumeoftradeforaspecificstockfalls,andthecryptosharesarenotindemand,thecryptoexchangemaybuyallitsstocksandceasetradingbydestroyingthecryptoexchangedata.Inthissituation,thereal stocksinthepoolwillbereturnedtoclassicinvestors.
IMPLEMENTATION OF SOLUTIONS
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WhyshouldIbuy cryptoshares?Cryptostocksmaybeexchangedforrealstockswithasmallcommissionoflessthan0.3%.
— Thetransactionwillbecompletedwithjustone click.
— Stockswillautomaticallybeavailableintheuser’sbroker account.
— Thepurchaseofashareincryptocurrencyistreatedasadirectmoneytransfer
fromacryptocurrencyinfiatwithminimalcommission,andviceversa.
Howdoestheexchangeearnmoney?
TheCryptoexchangewillchargecommissionofupto0.15%onthetransactionsofcryptostocks.
Thecrypto-exchangewilltakecommissionforplacing/removingordersupto0.1%,inmostcasesthisamountwillbemuchlower.
TheExchangewillearnfromthesaleofcryptostocksthroughmarginalcrediting.
TheExchangewillearnfromthesaleoftechnologythatallowsaconnectiontoothercryptoexchangesbymeansofAPIandFIX.
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PROJECT COIN — THE TOKEN ECONOMY
Thetoken,knownbytheabbreviationZST,willbereleasedatthetimeoftheICO.
AllcommissionsontheexchangewillbecollectedinZSTtokens.
ThecryptoexchangewillnotchargecommissiononpurchasesofZST
Eachtokenwillbereleasedonlyonce.
Theriseinthepriceoftokenswillbedirectlyproportionatetothedemandforcryptostocksandthevolumeoftransactions.
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S T A G E S OF D E V E L O P M E N T ( R O A D MAP)
Realisationofanaction
Theteamismadeupof:
a) theexpertswhodevelopedthetradingplatform;b) alicensedfinancialadvisorwithsignificantexperienceworkingwithAmericanbrokeragecompanies;c) LoPrestiLawGroup,aleadinglawfirminthefieldoffinanciallawandthebrokerageindustry(NewYork,USA)
In2012,orderflowtrading.netwascreatedtofacilitatetradeonananalyticalplatformwhichprovidesaccesstothelargestworld’slargesttradingmarkets(NYSE,NASDAQ,MOEX,etc)andthelargestcryptoexchanges.Thisplatformisusedbymorethan1000tradersworldwide.
Registrationofthecompanythatownsthecryptoexchangeonwhichcryptocurrenciesandcryptostockswillbetraded(jurisdiction-Singapore).Officiallocationoftheoffice.Officialaccountingauditofallprojectexpenditures
OpeningofthebrokerageofficeinNewYork(USA).Recruitmentofemployeesforimplementationoftheproject.
RegistrationofthebrokeragecompanyintheUSA(FINRA,SECregulated).
LaunchingtheMVP.Startingthetradeincrypto-transactions.
LaunchofZeus.ReleaseoffullyfunctionalATASCryptoplatform.PublicationofAPIandFIXofprotocolsontheexchangeplatform.
LegalagreementtotermsofSPO.Openingofpublicaccesstotheblockedpoolofstocks.BeginningofSPOadvertisingcampaignintheUSA.
Beginstocktradesincryptoshares.Beginpaymentofdividends.
AnnouncementofthenewBlockchaincryptoexchange.
Launchofthecryptoexchangeonthebasisofthenewblockchain.
Launchoffuturestradingofpopularcryptocurrencies(Top-10).
Launchofoptionstradingofcryptocurrencies(Top-5leadersincryptocurrencyfuturestrading).
Terms
Done
Done
Done
October2017
October2017
January2018
April2018
June2018
July2018
November2018
August2019
February2020August2020
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S T A G E S OF D E V E L O P M E N T ( R O A D MAP)
Mainstagesofprojectfinancing:
— Registrationofcompanies(SingaporeandNewYork,USA)andacquisitionofbrokeragelicense(approximateexpensesatthisstage$500,000)
— Establishmentofworkingcapital:assetsof$5millionarenecessarytopurchaseprimaryequitystakeinthemostliquidcompaniesandsecondary placementofcryptostocks(SPO)
— Creationofthecryptoexchangeandtheformulationofahybridtradingplatformforboththeclassicstockmarketandthecryptoexchange,(≈$1million)
— Creationofmathematicalalgorithmandbeginningoffuturesandoptionsforcryptoassets(≈$2million)
— Beginafull-scaleadvertisingcampaigntopromotetheSPOintheUSA.(≈$2million)
— DevelopmentandlaunchofthedecentralisedcryptoexchangebasedonGraphen2.0,TezosorEOStechnologies(≈$5million)
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ICO RULES
TokensfortheICOwillbereleasedinJanuary2018.
Theprojectwillbecarriedoutwiththehelpofcrowdsale.
ThecrowdsalewillbecarriedoutwithintheEthereumecosystem,onthebasisofsmartcontracts.
Ourgoalistogatheramaximumof$50mnUSDandaminimumof$10mnUSD.ThesefiguresaresubjecttochangebasedontheETH/USDexchangerate.
— Themaximumfinancingwillbe$50mnUSD— Theminimumfinancingwillbe$10mnUSD— Theexchangeratewillbefrom$0.006to$0.01for1ZSTtoken— Theaddressfortokensmartcontracts
0xe386B139Ed3715Ca4B18Fd52671bDcea1cdFE4b1— Thefinancingwilllastfor30days— Theprojectwillendoncethetheequivalentof$50mnUSDhasbeencollectedinETHI
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ICO RULES
TokenPreSale
Thetokenpresaleisthefirststepofthecrowdsale.
— ZEUSsmartcontractswillenablethereleaseofZSTtokens,theamountofwhichwillbelimitedtoamaximumof$1mnoverthecourseoftheTokenPreSale.Oncethe$1mnpointhasbeenreached,thereleaseoftokenswill stop.— TokenswillbesoldatapricefixedinUSD,1ZST=$0.007— Thepurchasewillbecarriedoutbytransferringfundstothesmartcontract address— Atthepoint,investorsreceiveadiscountof30%comparedwiththepriceduringtheTokenSalestage
Allthereturnswillbetransferredtotheteamtobereinvestedinthedevelopmentoftheproject:
— ThecreationofanMVPproduct— Marketingandadvancementoftheproject,preparationsforcrowdsale— Theacquisitionoflicenses
TokenSale
TheTokenSaleisthemainstageofthecrowdsale.
ZEUSsmartcontractswillenablethereleaseofZSTtokens,theamountofwhichwillbelimitedtoamaximumof$50mnoverthecourseoftheTokenPreSale.Oncethe$50mnpointhasbeenreached,thereleaseoftokenswillstop.
TokenswillbesoldatapricefixedinUSD,1ZST=$0.01
Thepurchasewillbecarriedoutbytransferringfundstothesmartcontractaddress.
TheexchangerateofEthereumtotheUSDwillbefixedonceaday,basedontherateatcoinmarketcap.com
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ICO RULES
Aftertheendofcrowdsale,aone-timeadditionalissueiscarriedout,duringwhich29,5%ofthetotalissueoftokenswillbeissued,20%ofwhichwillremainwiththeprojectteam,2%staywiththebountyprogram,and7,5%willbetransferredtotheprojectpartners.
Thecrowdsalewillrunfor30daysfromtheinitialrelease.
Thereisasystemofdiscountsinplaceforearlyinvestors:
— 25%,1ZST=$0.075whenbuyingonthefirstdayofcrowdsale,ifpurchasingatleast$30,000— 15%,1 ZST=$0.085whenbuyingon the firstdayof the crowdsale— 10%,1ZST=$0.09whenbuying in the firstweekof thecrowdsale— 5%,1ZST=$0.095whenbuyinginthesecondweekofthecrowdsale
Therewillbenofurtherissueoftokens.
Distributionoftokens
FuturevariationsinquantitywillbedeterminedbytheamountcollectedbytheTokenSale.
Intotal,between1560283688and9739950355ZSTwillbeissued.
Minimum% Maximum%Tokenpresale 2,05 11,75Tokensale 68,45 58,75Team 20 20Partners 7,5 7,5Bounty 2 2
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ICO RULES
Whichcurrenciesareaccepted:Ethereum(ETH).TheETH/USDpriceisfixeddailyinasmartcontract.
Thankstothesmartcontracttechnology,ZSTtokenswillbeautomaticallytransferredintothewalletfromwhichthepaymentwasmade.
Thereleaseoftokenswilltakeplacethroughtheofficialsiteoftheplatform:zeus.exchange
Fundraisingrestrictions:
Min:$10,000,000Max:$50,000,000
Iftheminimumamountisnotcollected,thenthemoneywillbereturnedtoinvestors.
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THE PROJECT TEAM
DenisDruzhkov—co-founderandCEO
BeforethefoundationofCasysCapitalManagementFund,LLC,DruzhkovwasamanagingpartnerfortwelveyearsattheRussianfinancialanalysisfirm,Umnick.Underhismanagement,Umnick,developedandpatentedtwouniquealgorithmsofmachinelearningwhichhavebeeninuseformorethaneightyears.From1990to2002,Druzhkovwastheexecutivedirectoroftheinternationalnon-profitfund,VPS,whichisrecognisedasthefounderofoneofthefirstcommercialbanksinRussia.Atthebeginningof2011,DruzhkovbecamethedirectorofinvestmentsforCasysCapitalManagement.
AndreyRinas—co-founderandITmanager
Since2009,RinashasbeenusingOrderFlowandHFTalgorithms,toanalyzefinancialmarkets.In2011,alongsideDenisDruzhkov,hefoundedandprovidedtheideologicalinspirationforthetradingplatform,ATAS.Thisplatformanalysesthemovementofordersusinghigh-frequencyalgorithms.Hiscurrentresearchinvolvesfrontend,backend,andriskmanagement(RM)communicationsystems,whichareusedbythelargestfinancialexchanges:CME,COMEX,CBOT,NYMEX,EUREX,NYSE,NASDAQ,MOEX.Heisacofounderoftheplatformofsocialtradingplatform:https://my.digitrade.pro
AlexeyBazhenov—co-founderandITspecialist
Bazhenovhas15yearsofexperiencedevelopingDBMS,MS-SQL,Oracle,andMySqldatabases.HehasdevelopedapplicationsintheVBA,C#,andNodejs(javascript)programminglanguages.HeisaspecialistinthedevelopmentoffastalgorithmsforstatisticalanalysisoftimeseriesinPL-SQL,andTransact-SQL.Heinventedamethodofcalculatingmarketandneutralportfolioswithuseofderivatives(options).HeisalsothefounderofWisdomDigits,LTD,acompanythatcreatesonlineresourcesthatareusedtodeveloptechniquesforquantitativedata analysis.
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THE PROJECT TEAM
SergeyLitvin—co-founderandChiefInvestmentOfficer
LitvinistheSeniorVice-PresidentatEvrazHolding,andCEOofCasysTechnology.Hehasworkedinmanyareasofthisindustry.HislatestprojectsareconcernedwiththedeploymentoftheNirit-SinveydatatransmissionnetworkinRussia.
AlexanderTsyglin—co-founderandCMO(ChiefMarketingOfficer)
Tsyglinhasbeenworkinginthestockmarketformorethan10years.In2007-2008,hecreatedtheSocratesmanagementcompany,aretailnetworkforinvestmentfunds.In2008-2010,hecreatedtheretailbusiness,Inteksbrok,alicensedbrokeragecompany.In2010-2017,hedeveloped,TFC3.NET,astockmarketconsultingproject.In2014-2017,Tsyglinparticipatedincreationanddevelopmentoftheinternationalagriculturalbrokeragecompany,GrainStarInternational(Hamburg,Germany),
ArtyukhovVictorValeryevich–C++programmer
Valeryevichhasdevelopedcomplexapplications for3D-modeling, imageprocessing,imagerecognition,controlsystems,simulators,exchangetradingsystems,investmentplanning,businessplanningandmuchmore.HeholdsRussianFederationpatentsforinventionsNo.2295763andNo. 2257611.Hisawardsincludeadiplomaforthebesttrademark«IronGuysofRussia,»andasilvermedal«FortheDevelopmentoftheDigitalBrainCleverMan.»
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FREQUENTLY ASKED QUESTIONS (FAQS)
Howwilltheincomeforinvestorsbeaffectedbyariseorfallinstockprice?
WewillillustratetheanswertothisquestionwithanexampleusingatransactionofApple(AAPL)stocks:
CaseNo.1–anincreaseinthestockprice:
Theinvestorowned10stocksofAAPLworth$1500,or$150pershare.Inonemonth,thepriceofthestockgrewby$10,from$150to$160.Thisinvestor’scryptostocksmade$4500adayor$135,000inamonth.Inthisexample,thestockhasbeenturnedaroundthreetimesperdaywhileearningsubstantiallymore.
Usingthisexample,wecananalysethefinancialresult:
1) Profitongrowthofsharesinamonth:(160-150)/150=6.67%2) Profitonturnoverofstocksinamonth:($135000*0,0015)*0.6=$121.5,or8.1%
Totalprofitinonemonth= 14.77%
CaseNo.2–nochangeinthestockprice:
Theinvestorhad10sharesofAAPLworth$1500,or$150pershare.Inonemonth,thepriceofthestockdidn’tchangeandremainedatthelevelof$150pershare.Turnoverofthisinvestor’scryptostocksmade$4500adayor$135,000inamonth.Inthisexamplethestockhasbeenturnedaroundthreetimesperdaywhileearningsignificantlymorethantheusualcommissiononstockturnover.
Usingthisexample,wecananalyzethefinancialresult:
1) Profitongrowthofsharesinamonth:0%2) Profitonturnoverofstocksinamonth:($135000*0,0015)*0.6=$121(8,1%)Totalprofitinonemonth= 8.1%
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FREQUENTLY ASKED QUESTIONS (FAQS)
CaseNo.3–adecreaseinthestockprice:
Theinvestorhad10stocksofAAPLworth$1500,or$150pershare.Inonemonth,thepriceofthestockfellby$10from$150to$140.Turnoverofthisinvestor’scryptostocksmade$4500adayor$135,000inamonth.Inthisexamplethestockhasbeenturnedaroundthreetimesperdaywhileearningsignificantlymorethantheusualcommissiononstockturnover.
Usingthisexample,wecananalyzethefinancialresult:
1)Profitongrowthofsharesinamonth:(140-150)/150=-6.67%2)Profitonturnoverofstocksinamonth:($135,000*0,0015)*0.6=$121.5(8.1%)
Totalprofitinonemonth(-6.67%+8.1%)=-1,3%(withageneraldeclineinthetraditionalmarketof -6,67%)
Thisexampleshowsthatinaweakmarket,cryptostockscanbeusedastohedgeagainstvolatility,andtheyaremuchlessexpensivethanoptionsinthetraditionalstockmarket.
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FREQUENTLY ASKED QUESTIONS (FAQS)
Canatraditionalinvestortransferrealstockstocryptostocksandtradethem?
Suchanoptionispossible,andisdemonstratedinthefollowing example:
We,asthelicensedintermediary,helptosellstocksonthetraditionalmarketwithminimalcommission.WethenhelpmovetheproceedsofthosesalestotheZEUScryptoexchange,wheretheycanbeusedtobuycryptostock.Thiswillallbecarriedoutmorequicklythankstobeingdoneonone,singleplatform.
Canaclienttransfercryptostockstorealstocks?
Theclientcantransfercryptostockstorealstocksusingthefollowingmethod:
1) Theysellcryptostocksforcryptocurrencyonthe cryptoexchange2) Theythenexchangetheircryptocurrencyfor fiat3) Thentransferfiatmoneytotheirbroker’saccount4) Theycannowbuyrealsharesonthestock market
0,15 % 0,15 % Cryptoshares sale for cryptocurrency
Exchange cryptocurrency for USD
Purchase real stocks for USD
ThisprocesscanbeperformedwithonlyafewclicksofthemouseontheATAStradingplatform.Realstockswillbedeliveredintotheclient’saccountattheirbrokerthenextday.
Thebrokerwillopenasecuritiesaccountfornewclientsafterconfirmingtheclient’sidentityusingthestandardKYCprocedure.
Asmallcommissionwillbechargedforthistransaction(0.15%+0.15%+0%=0.3%)sincestocksarealreadyinthebroker’spoolanddonotneedtobepurchasedseparatelyontheopenmarket.
29
FREQUENTLY ASKED QUESTIONS (FAQS)
Onwhatbasisdoesthecryptoexchangeissuecryptostockswhicharebackedbyrealstocks?
Theexchangewillbeownedbythecompany,alegalentity.Thecompanywillbethenominalholderofshares,andthemanagingdirectorwillholdapoolofblockedshares.
Thisprocesswillguaranteethat100%cryptostocksarebackedbytherealstocksofthecompanies.
Howwilltheturnoverofcryptotransactionsbemaintained?
Therearethreeoptionsbywhichcryptostockswillcontinuetocirculateoncryptoexchange:
Realstockswhosesecondaryplacement(SPO)hasexpiredwillbereplacedwithsimilarnewstocksfromtheinvestor.Inotherwords,thevolumeofstocksthatexitthemarketwillbeequalthenewstocksthatenterthemarket:newshareswillreplaceoldones.
Realsharesareredeemedbythebroker’sotherclientswhowishtogainadditionalincomefromthecirculationofthecryptoshares.
Realsharesareredeemedfromthecryptoexchange’sGuaranteeFund(inthissituation,cryptostockswillcontinuetobetradedonthemarket),andtherealsharesboughtbytheexchangewillbesoldtolong-terminvestors.
30
FREQUENTLY ASKED QUESTIONS (FAQS)
Whatwillbethebenefitsofadecentralisedexchangebasedonblockchain?
Alltransactionswillbeabsolutelytransparentonthedecentralisedexchangeplatformthatoperatesonthebasisofblockchain.
Alltransactionswithcryptoassetsattheexchangewillbewitnessedbyotherparticipantsinrealtime,andnoparticipantsoftheexchangewillbeabletofalsifytradessinceeverythingisfullytransparent.
Alltransactionsmustbemadewithfullysecuretradingpositions.Thiswilleliminatethepossibilityofbankruptcybecausetherewillbenounsecuredcollateral.
Thus,thefirst-everfullytransparentexchangeplatform,withminimaltradingcostsandlowbarrierstoentry,willbecreated.
WilltherebeEscrow?
ThemoneyraisedduringtheICOcomesfromasharedsmartcontractwhichrequiressignaturesfrombothZEUSandICOlab.Itwillbespentaccordingtotheestablishedbusinessplan.Themultisignaturerequirementalsoprotectsagainsthacking.
WillthesourcecodebeuploadedtoGitHub?
ThesourcecodefortheICOsmartcontractwillbesharedonGitHub.
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FREQUENTLY ASKED QUESTIONS (FAQS)
Thisdocumentisnotanofferofsecuritiesoramodelforgroupinvestments.Participantsareadvisedtoreadthisdocumentcarefullyandbecautiouswheninvestingtheirfinancialresources.ZSTarenotsecurities.Theuseracknowledges,understandsandagreesthatZSTisnotasecurityandisnotregisteredwithanygovernmentagencyasasecurity,andshouldnotbetreatedassuch.Theuseracknowledges,understandsandagreesthattheownershiprightsofZSTdoesnotgranttheusertherighttoreceiveprofit,incomeorotherpayments,orrevenuesarisingfromeithertheacquisition,storage,managementorthedisposal,execution,redemptionorexpirationofanyright,interest,ownershiporprivilegesontheZeusplatform,inwholeorinpart.
