- June 10, 2018

THINKCOIN : A MULTI-ASSET BLOCKCHAIN-BASED TRADING NETWORK.

Over the years, different ideas and innovations have been made for the betterment of the blockchain experience.

Currently global financial markets are dominated by banks and other financial institutions, some of which lack transparency majorly, have undue effect on global asset prices, and can impose unfair charges. Establishing a new technology means we can now deliver greater transparency and equality for all market partakers.

Established financial players have failed to take the opportunities in blockchain technology, and still use a consolidated order book to control prices and trading.

Limitations in the global financial market includes:

Transparency issues in price-making and trade execution.
The settlement of trades and funds can take days, versus seconds on the blockchain which eventually leads to more delay in the network.
Lack of flexibility in transferring trades.

Introducing a new cutting-edge multi-asset trading network that will disrupt and democratize trading called TradeConnect.

TradeConnect is a multi-asset blockchain-based exchange that allows investors to trade a wide range of financial products such as cryptocurrencies, equities, FX, commodities and more, in a multi-asset blockchain-based exchange platform. Primarily focused on retail trading sector, the network will be amplified into the institutional and corporate derivative trading markets, and subsequently to a range of other financial sectors. In conclusion, the trading solution will enable a client to trade any financial product with any counterparty using the public blockchain – agnostic of platform or broker.

Introducing ThinkCoin

ThinkCoin tokens will power the trading environment as the unit of all trades on the TradeConnect network. Whether you trade Forex (FX), commodities, shares or other financial products, ThinkCoin allows you do it and in a simple, secure and user-friendly way. You can acquire TCO through our ICO or, once the ICO is finished, by exchanging fiat currency and other cryptocurrencies via numerous exchanges.

With a fundamental goal to become the world’s largest multi-asset blockchain-based trading network. TradeConnect will create a trading economy with the ThinkCoin token (TCO) implemented as a means of payment to trade financial products, grow the liquidity pool in the network and scale transactions. Together with the intention to develop a multi-asset blockchain-based trading network. With the aim of reaching the speeds of execution and settlement the modern markets expect, the network will combine blockchain-based smart contracts with off-chain transaction.

Benefits

Trust , integrity and visibility of the blockchain ledger.
Ability to hold and settle funds on the blockchain.
The greater speed of using off-chain processing.
A consortium-based private ledger visible to only participants in the network combined with the public blockchain.

The TradeConnect Economy

ThinkCoin tokens are classified as utility token whereby participants in the TradeConnect network use to trade and enjoy its full features will need to hold Thinkcoin tokens. TradeConnect has a token economy that is market-neutral and, unlike other exchanges and significant market making brokers, is primarily based on transactional volume vs “risk taking”. The structure of the network will allow a diverse token economy based not just on commissions, but a variety of market-neutral models based on the growth in volume versus the market risk in the network .

Token Allocation

TradeConnect will issue the tokens in two stages:

A Pre-ICO to enable early development and engage participants.

The ICO itself to enable the systems and structures to be built.

In addition to these stages of token issue, 1% will be retained to be used as bounties during the pre-ICO and ICO; 15% will be allocated to management, employees and advisors to reward and incentivise; and the final 24% will be retained for future use, such as a building liquidity pools for significant participants.

Breakdown of Token Allocation

ICO Details

The base price of TCO token during ICO and Pre —ICO will be $0.30USD.

The Pre-ICO consists of two stages, with a different bonus during each period:

3rd April - 23rd April: 45% Bonus.

24th April - 18th June: 22% Bonus.

TCO token ICO will run within the period of 25th June to 9th of July. In case not all 60% of TCO tokens available at the Pre-ICO and ICO stages are sold, the remainder will be burnt in order to maintain the distribution as specified above.

The Hard Cap for the Pre-Sale, Pre-ICO and ICO will be $30,000,000 USD.

TCO BOUNTY

TradeConnect offers additional token bonuses or discounts to Pre-ICO and ICO participants. These may include bonuses for significant investments or for support online and on social media. Details can be found on at ThinkCoin.io.