NEXT GENERATION HYBRID DECENTRALISED EXCHANGE
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What is CLOVERDEX ?
- Modular hybrid decentralised exchange
- Secure multi-currency wallet
- EFTPOS debit card – every day purchases using cryptocurrency seamlessly
OUR PLATFORM
- Usability – current exchanges involve too many steps and are tailored for advance users or assumes that the user has pre-existing knowledge
- Security – cryptocurrency exchanges have been susceptible to hacking and internal fraud because of lack in security focus and funding.
- Liquidity – having not enough people trading on an exchange results in greater difficulty to trade, higher asset costs for investors, and difficulty in withdrawing funds in fiat.
- Transparency – Hidden trading fees and commission charged results in higher investor cost and lack of trust.
- Compliance – customers are hesitant to enter the cryptocurrency market due to perceived uncertainty in regulations and laws.
- Education – most exchanges cater to advance traders and lack proper education and easy to use tools for beginner investors.
- Accessibility of funds – current solutions to bridge traditional payment infrastructure and blockchain based assets are not seamless and involves high transaction fees either through upfront fees or currency conversion rates, both of which form a disincentive for use
DISTRIBUTION OF TOKENS
Eighty percent of all tokens will be allocated to the community (20% presale and 60% crowdsale). The remaining 20% will be allocated to the core team vested over a 3-year period.
The presale allocation was strategically modelled to ensure fairness for all contributors so that no one single party would hold a significant portion of tokens before the public crowdsale.
FUNDS USAGE
Funds raised during the ICO will be for the following purposes:
- Exchange platform reserves (40%): these funds will serve as trading reserves to provide the necessary initial liquidity.
- Development (20%): development of the trading platform, secure multi-currency wallet, and EFTPOS debit card functionality. Funding for security is bundled into the development cost.
- Marketing (20%): Funding will be for advertising, media content creation, community building and engagement, promotions and prizes, and website design.
- Operations (10%): Day to day operations of the platform and corporate expenses.
- Legal (10%): regulatory and legal compliance.
ROADMAP
Whitepaper, Development of alpha prototype, Development of promotional material (video, website) and Community engagement and building
DEC 2018
JAN 2019
Technical talent procurement, Technical talent and development team formed and Intensify Marketing initiative
FEB/MAR 2019
Q1 2019
Q2 2019
Q3 2019
Q4 2019
CLOVERDEX TEAM
Leung Lau
Co-Founder, CEO
- Government financial frameworks and regulations
- Regulatory and corporate governance
- Enterprise level software development
- Blockchain based systems and smart contract development
Shing Lau
Co-Founder, Chief Technology Officer
- Large enterprise architecture implementations within Government, Retail and Utilities industries
- Big Data Analytics
- Cloud based architectures & implementation
- Business Intelligence & Data Warehouses
SashaDordevic
Operations Director & Chief Financial Officer
- Audit and corporate governance
- Financial statements and project management
- Australian Commonwealth legal frameworks, legislation, and legislative instruments
- Financial accounting and management
- Financial Management systems tender evaluations
Christopher Andrew
Product and Platform UI/UX Director
- UI design and implementation
- Multimedia applications
- Database management
- Web services and applications
Kunwar
Communications Director
- Communications
- Economics
- Stakeholder Engagement
- Contract and Grants negotiation
ADVISOR
Keely O’Dowd
Legal Advisor
- Law Institute of Victoria member
- International Association for Contract & Commercial Managers member
- Victorian Society for Computers and the Law member
- Institute of Public Administration Australia (IPAA) member and Chair of the YIPAA Advisory Committee
Rohit Bhattacharya
Crypto advisor and trading analyst
- Master’s degree: Mechanical Engineering-Computational Nanofluids – University of Sydney
- Bachelor’s degree: Mechanical Engineering and minor in Economics – University of Newcastle
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=[AUTHOR]=
Username: mudyak99
Profil Url: https://bitcointalk.org/index.php?action=profile;u=2099291Eth: 0xaa8d0c02b1f3d547f4239269ef5c756c1deb443b
