RipaEx - A Crypto Asset Marketplace built on the ARK blockchain technology


INTRODUCTION
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions. However, we have become somewhat detached from the primary goal of Bitcoin, to return the control of money to its owners, and we entrust our Bitcoin with third party services daily. The most popular of these services being exchanges
Centralized exchanges are easy to use, easy to access and they provide advanced trading functionalities like margin trading and others. However, they also represent a security risk for your funds. While some exchanges are better guarded than others, hacks are not an uncommon event in the cryptocurrency scene, Nevertheless, we need to exchange our currencies. There are certain items and services that we cannot buy with Bitcoin (yet) and in order to acquire Bitcoin or cryptocurrencies, most people have to exchange it for a national currency. So how can we exchange our coins without entrusting them to a third party service? The answer lies with decentralized exchanges.
A decentralized exchange is an exchange market that does not rely on a third party service to hold the customer's funds. Instead, trades occur directly between users (peer to peer) through an automated process. This system can be achieved by creating proxy tokens (crypto assets that represent a certain fiat or crypto currency) or assets (that can represent shares in a company for example) or through a decentralized multi-signature escrow system, among other solutions that are currently being developed.
This system contrasts with the current centralized model in which users deposit their funds and the exchange issues an IOU that can be freely traded on the platform. When a user asks to withdraw his funds, these are converted back into the cryptocurrency they represent and sent to their owner. 
WHAT IS RIPAEX
Ripa Exchange is a hybrid-decentralized exchange with main focus with lowering entry level for opening new exchanges and offering crypto-traders secure trading partners operating daily. Peatio, an open source code is used built Ripa Exchange and courtesy to (Ripa liquidity Service Provider) which is similar to normal service providers enables each exchange in RIPA network share similar orderbook thus providing liquidity to the exchange managers to offer to their end users from first day.
RipaEx is a Crypto Asset Marketplace that will host several cryptocurrencies exchanges, the main focus of the project is to provide resources and technologies to allow the opening of new exchanges at a more affordable cost, through an Open Source Exchange platform totally free, efficient, reliable and will also have shared orderbook with all other exchanges of the network making even the new exchanges have liquidity since its first day of operation.
Find below a video presentation about RipaEx

RIPAEX NETWORK SOLUTION
The RipaEx system will offer finish answers for emboldening the aperture of incipient crypto trades. This will enable them to make a solid and prosperous system of decentralized trades cooperating in a consummately secure framework through blockchain innovation. The principle objective of the task is to bring down the boundaries by enabling the trades to center around what authentically is consequential.
This implicatively insinuates it will never again be consequential to stress or invest energy and cash building up a stage or even have a high mazuma to give liquidity since that is precisely what RipaEx proposes to convey to the incipient trades, expanding the potential outcomes for them can utilize their business.
TOKEN AND ICO DETAILS
Token Name: XPX
Supply: 115 Million XPX
Tokens for Sale: 74,750,000 XPX
RIPA TEC: July to December 2018

You can get XPX here: https://tec.ripaex.io/sign-up
The XPX currency will be listed in the following two exchanges starting from Monday 29th October 2018:
The tokens not exchanged during the RipaEx Pre-Sale and RIPA TEC phases will be distributed as follow:
₱30,000,000 locked and used to finance the Ripa Exchange development during the ROUND TWO financing that will start in January 2019
₱20,000,000 burnt to support price stability of the XPX currency to be burnt in batches of ₱1M – ₱5M each
₱20,000,000 locked for the time being to make sure the Ripa network will not go in the hands of unknown people that may not agree with the RipaEx vision
Functional Analysis for Ripa Exchange is as follow:
CRYPTO <-> CRYPTO exchange
25 currencies from POW, DPOS, MasterNodes, ERC20 (if is in reach)
Possibility to add WebWallets deposit/withdraws (OKPay, PayPall, NETELLET, others…)
Log in via Facebook, Twitter, Goolge+, (is really needed??)
FIDO Alliance security standards
Separation between user registry, trading UI, trading engine, deposit/whitdraw engine
ROADMAP AND DEVELOPMENT PERSPECTIVE


NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:

PUBLISHER
bayo88

Comments

Popular posts from this blog

REALDEX

AQUEST – A UNIQUE DECENTRALIZED APP THAT PAYS YOU FOR COMPLETING A CERTAIN TASK

NEIRONIX - The Analytical Blockchain Project Rating Agency