⚡️⚡️[ANN] ParamountDax ⚡️⚡️ - Profit Sharing Exchange - Pre-Sale Start May 18 - page 43.

ParamountDax

copper member

Activity: 256

Merit: 0

Quote from: Vialaia on May 22, 2019, 01:32:32 PM

Quote from: ParamountDax on May 22, 2019, 11:01:18 AM

The strong referral program by the ParamountDax exchange — the size of bonuses, the peculiarities of the campaign

https://medium.com/@paramountdax/the-strong-referral-program-by-the-paramountdax-exchange-the-size-of-bonuses-the-peculiarities-15ce3519434e

That's great. Your service will provide the reward not as persentage of fees but from referrals profit, if I understand right. What funds are you going to cover these rewards?

The earnings will be 30% of the fees generated by the trading of the referrals guests. The funds we will use will be a percentage of the profits generated by users

ParamountDax

copper member

Activity: 256

Merit: 0

Quote from: Chrinday on May 23, 2019, 01:31:55 AM

How can you ensure the fastest trading on your platform compared to other exchanges?

By using state of the art technologies like Go, Apache Kafka and Docker,
ParamountDax exchange will be able to support in the launch stage up to 100,000 transactions
per second. As the community and user base grows, we will continue to scale out and optimize
the exchange to support a much higher performance with a goal handle up to 1,000,000
transactions per second with the latency of transactions is as low as 50 nanoseconds.
Our exchange is built from scratch with a lot of optimizations already build in the matching engine
and with more on the pipeline. To move past the 100,000 transaction per second limit we will
further optimize the codebase and deploy our solution on multiple servers in order to distribute
the load for each market pair in the most efficient way possible.
Ultimately, this will make ParamountDax one of the fastest exchanges in the cryptocurrency space.

Chrinday

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Activity: 196

Merit: 10

How can you ensure the fastest trading on your platform compared to other exchanges?

A7373

member

Activity: 602

Merit: 15

Quote from: HMember on May 22, 2019, 07:06:31 PM

Quote from: GromovSer on May 22, 2019, 05:02:01 PM

Quote from: A7373 on May 22, 2019, 06:44:59 AM

Quote from: rabotacoin on May 22, 2019, 05:49:29 AM

why did you decide to conduct the usual classic ICO? Nowadays, IEO on various popular exchanges is very common, it will give more benefits for the future listing of the project’s coins.

Maybe the projects secret plan is conducting both methods of token sale?

No matter what the collection algorithm is provided for, it is completely different whether the project will be able to collect the required amount and successfully start the market, and more importantly, to show constant competition.

I completely agree. A well-coordinated team can make a quality product out of any dull product.

Yes, but when a team sees that successful fees and sales are more realistic when conducting an IEO than when conducting an ICO, it will be more profitable for the company to conduct the first one.

HMember

member

Activity: 574

Merit: 10

Quote from: GromovSer on May 22, 2019, 05:02:01 PM

Quote from: A7373 on May 22, 2019, 06:44:59 AM

Quote from: rabotacoin on May 22, 2019, 05:49:29 AM

why did you decide to conduct the usual classic ICO? Nowadays, IEO on various popular exchanges is very common, it will give more benefits for the future listing of the project’s coins.

Maybe the projects secret plan is conducting both methods of token sale?

No matter what the collection algorithm is provided for, it is completely different whether the project will be able to collect the required amount and successfully start the market, and more importantly, to show constant competition.

I completely agree. A well-coordinated team can make a quality product out of any dull product.

GromovSer

member

Activity: 434

Merit: 10

Quote from: A7373 on May 22, 2019, 06:44:59 AM

Quote from: rabotacoin on May 22, 2019, 05:49:29 AM

why did you decide to conduct the usual classic ICO? Nowadays, IEO on various popular exchanges is very common, it will give more benefits for the future listing of the project’s coins.

Maybe the projects secret plan is conducting both methods of token sale?

No matter what the collection algorithm is provided for, it is completely different whether the project will be able to collect the required amount and successfully start the market, and more importantly, to show constant competition.

Vialaia

sr. member

Activity: 455

Merit: 250

Quote from: ParamountDax on May 22, 2019, 11:01:18 AM

The strong referral program by the ParamountDax exchange — the size of bonuses, the peculiarities of the campaign

https://medium.com/@paramountdax/the-strong-referral-program-by-the-paramountdax-exchange-the-size-of-bonuses-the-peculiarities-15ce3519434e

That's great. Your service will provide the reward not as persentage of fees but from referrals profit, if I understand right. What funds are you going to cover these rewards?

teradont

member

Activity: 252

Merit: 10

Quote from: ParamountDax on May 22, 2019, 11:01:18 AM

The strong referral program by the ParamountDax exchange — the size of bonuses, the peculiarities of the campaign

https://medium.com/@paramountdax/the-strong-referral-program-by-the-paramountdax-exchange-the-size-of-bonuses-the-peculiarities-15ce3519434e

You create a great campaign around the project to attract all categories of participants, from investors to traders. I think this is a good way to expand the exchange very quickly.

Chrinday

member

Activity: 196

Merit: 10

Quote from: ParamountDax on May 22, 2019, 11:01:18 AM

The strong referral program by the ParamountDax exchange — the size of bonuses, the peculiarities of the campaign

https://medium.com/@paramountdax/the-strong-referral-program-by-the-paramountdax-exchange-the-size-of-bonuses-the-peculiarities-15ce3519434e

Quite an interesting scheme for a referral company. Thank you for your explanation on the example of accrual.

ParamountDax

copper member

Activity: 256

Merit: 0

The strong referral program by the ParamountDax exchange — the size of bonuses, the peculiarities of the campaign

https://medium.com/@paramountdax/the-strong-referral-program-by-the-paramountdax-exchange-the-size-of-bonuses-the-peculiarities-15ce3519434e

Vialaia

sr. member

Activity: 455

Merit: 250

Quote from: Dua on May 22, 2019, 03:37:00 AM

Quote from: ParamountDax on May 22, 2019, 03:05:21 AM

Quote from: DroppedM on May 22, 2019, 02:30:22 AM

Quote from: ParamountDax on May 22, 2019, 01:59:44 AM

Quote from: cryptoperkele on May 21, 2019, 03:37:43 PM

Quote from: ParamountDax on May 20, 2019, 02:19:37 AM

Quote from: cryptoperkele on May 19, 2019, 07:02:59 AM

If this hits the soft cap, what would it mean to middle cap and high cap planned implementations? Are they totally off the table (like ios and android apps?)

Hello, here Cap’s explanations
Soft Cap - $1,750,000 - Exchange launch with basic features connected to main Liquidity
Collective Pool.
Middle Cap - $4,250,000 - APP iOS and Android realization. Increase TSP from 100.000 to 1
million transaction per second, also with Insurance against Employee Mistakes or hacking.
Hard Cap - $9,310,000 - Trading directly from market charts option.
Insurance till 100 M against Wallet Hacking (service by our Wallet Provider).

You misunderstood or maybe i wasn't clear, i understand the cap explanations;
I am asking that are the middle cap and hard cap plans off the table forever if you only get the soft cap?

certainly not, we will continue to move forward with the project, we want to make a difference from other exchanges we will continue to do our best

your position is clear, but the terms of development of these stages of the project will be shifted. You will be able to attract private investment in this case ?

Development terms will not be shifted, we have a clear roadmap.

then where will you get additional funds for the further development of the platform, for example, if only a soft cap is collected?

I think ParamountDax will be able to raise a hard cap. Personally, I like such projects. If people are interested in trading on the cryptoexchange, the token will definitely grow. The same we can see on the Binance exchange. But when the ICO market is down your question make a sense.

bellicose

sr. member

Activity: 1120

Merit: 263

Sovryn - 300-500% APY on USDT Deposit

Quote from: Bugatti73 on May 22, 2019, 03:19:36 AM

Why your smart-contract has 9 Decsimal when regular project has 8 or 18?
How does this affect the speed of transactions?

This is just a small formality, which in fact does not affect anything at all. I tried to create my token and there you can specify almost any length.

HMember

member

Activity: 574

Merit: 10

Quote from: fromkrec on May 22, 2019, 02:26:58 AM

Quote from: ParamountDax on May 22, 2019, 01:59:44 AM

certainly not, we will continue to move forward with the project, we want to make a difference from other exchanges we will continue to do our best

Can you name your basic principles of work that will distinguish you from other similar platforms?

There are several advantages, but now the community has begun to understand cryptocurrencies and to really interest investors is not easy.

legendaryloki

jr. member

Activity: 56

Merit: 1

Quote from: ParamountDax on May 22, 2019, 03:54:43 AM

Quote from: Dua on May 22, 2019, 03:37:00 AM

then where will you get additional funds for the further development of the platform, for example, if only a soft cap is collected?

We will get additional funds from trading users fee on exchange and investors

I think that this is quite possible under good conditions for traders on the platform. The conditions that I saw are noteworthy. But I think that you will be able to collect a hardcap at successful carrying out advertizing campaign.

cryptoperkele

member

Activity: 889

Merit: 60

Quote from: rabotacoin on May 22, 2019, 05:49:29 AM

why did you decide to conduct the usual classic ICO? Nowadays, IEO on various popular exchanges is very common, it will give more benefits for the future listing of the project’s coins.

It's already an exchange that's doing the token sale for themselves, why would they need another exchange to make it for them?

ParamountDax

copper member

Activity: 256

Merit: 0

Quote from: Bugatti73 on May 22, 2019, 03:19:36 AM

Why your smart-contract has 9 Decsimal when regular project has 8 or 18?
How does this affect the speed of transactions?

We chose 9 decimals because it provides enough room for proper calculations and given the fact that the token will be used to distribute revenue from the exchange more than 9 decimal points should suffice for the foreseeable future, including any token price changes, since the exchange will be the one distributing the daily profit share we can adjust or limit the amount of tokens paid if the amounts are really small until the user reaches the minimum amount of decimals for the token. Also we don't want to be in the category of tokens and other projects that have a very low price for the token and lots of very insignificant decimals points... instead we want the users to value the token and limiting the number of tokens to 9 decimals can help the project make more significant transfers between users...

ParamountDax

copper member

Activity: 256

Merit: 0

Quote from: A7373 on May 22, 2019, 06:44:59 AM

Quote from: rabotacoin on May 22, 2019, 05:49:29 AM

why did you decide to conduct the usual classic ICO? Nowadays, IEO on various popular exchanges is very common, it will give more benefits for the future listing of the project’s coins.

Maybe the projects secret plan is conducting both methods of token sale?

exactly, there will be soon

A7373

member

Activity: 602

Merit: 15

Quote from: rabotacoin on May 22, 2019, 05:49:29 AM

why did you decide to conduct the usual classic ICO? Nowadays, IEO on various popular exchanges is very common, it will give more benefits for the future listing of the project’s coins.

Maybe the projects secret plan is conducting both methods of token sale?

rabotacoin