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Topic: [ANN][Ankorus: A new breakthrough exchange where u can buy financial assets - page 6. (Read 5321 times)

newbie
Activity: 56
Merit: 0
As it is not mentioned yet or I just couldn't found. Will Ankorus have a passive income or some sort of profit sharing? Cheers.

ANK tokens will NOT be a security, as we need it to pass the Howey test.

ANK is  actually a currency, which will be used in the ecosystem. We've actually been a little vague on what exactly the ANK tokens do and the coming days we'll lay out exactly where the value comes from.
There'll be a blog in 2-3 days explaining all the aspects of the utility of the ANK token, with many details as to why you would want to possess them.

To cut it short if you have a certain amount of ANK in your smart wallet you become eligible for certain things.
For exmaple you must have 5 ANK in your smart wallet to have an account to begin with.

The top level will include:
- a free debit card linked to your account (all expenses are paid for - like charles schwab cards, so you can use it anywhere in the world without worrying about fees)
- free educational trading course
- free webinars
- free datafeeds
- free professional trading technologies charting tools (this usually costs thousands)
- lowest commissions (<0.01%)
- free virtual trading library
- yearly meetup with John Cruz

Thats just a few things. Theres more but its a bit too much to put into one post. As said theres a blog going up about this soon.
Also anyone who becomes top tier get these benefits lifetime.

We want to provide VALUE, especially long term value, and want to foster a place where people who actually want to grow their wealth can come.

Cheers for the clarification.
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens

Quote

Thanks,  good point,  and I believe  if you provide  API for a  routine of  trading bots  it will attract traders to your platform.

Yes we will be providing that.

On another rotopic, have you looked into joining the bounty?
member
Activity: 73
Merit: 10

Hello Ankorus team,
Can you please confirm that tomorrow the Contract Code will be publicly available ?
Thanks


We are late. Ill confirm when it is out. The smart contract will handle the conversion of ETH to ANK and we need to get that audited before it becomes publicly available.


Thank you for your reply.
I would suggest to update your site’s roadmap accordingly. Just to avoid inconsistencies.

member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens

Hello Ankorus team,
Can you please confirm that tomorrow the Contract Code will be publicly available ?
Thanks


We are late. Ill confirm when it is out. The smart contract will handle the conversion of ETH to ANK and we need to get that audited before it becomes publicly available.
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
How to verify the team members are real persons? Any research on it?

We are real. If you want to speak with me or John PM me. I can give you mine or his phone number.  Smiley

I've been neglecting teh ANN as said earlier because I forgot about it due to the bounty campaign being on full focus.
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
What is price for token? Hard cap and soft cap for ICO?

Start of ICO 1ETH = 600 ANK
End of ICO 1 ETH = 400 ETH

Soft cap is 8000 ETH.
Hard cap is 150,000 ETH
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
As it is not mentioned yet or I just couldn't found. Will Ankorus have a passive income or some sort of profit sharing? Cheers.

ANK tokens will NOT be a security, as we need it to pass the Howey test.

ANK is  actually a currency, which will be used in the ecosystem. We've actually been a little vague on what exactly the ANK tokens do and the coming days we'll lay out exactly where the value comes from.
There'll be a blog in 2-3 days explaining all the aspects of the utility of the ANK token, with many details as to why you would want to possess them.

To cut it short if you have a certain amount of ANK in your smart wallet you become eligible for certain things.
For exmaple you must have 5 ANK in your smart wallet to have an account to begin with.

The top level will include:
- a free debit card linked to your account (all expenses are paid for - like charles schwab cards, so you can use it anywhere in the world without worrying about fees)
- free educational trading course
- free webinars
- free datafeeds
- free professional trading technologies charting tools (this usually costs thousands)
- lowest commissions (<0.01%)
- free virtual trading library
- yearly meetup with John Cruz

Thats just a few things. Theres more but its a bit too much to put into one post. As said theres a blog going up about this soon.
Also anyone who becomes top tier get these benefits lifetime.

We want to provide VALUE, especially long term value, and want to foster a place where people who actually want to grow their wealth can come.
hero member
Activity: 491
Merit: 1259
Nil inultum remanebit
Plenty exchanges are round here. What is so special about yours that would force me to  go over there?
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
Plenty exchanges are round here. What is so special about yours that would force me to  go over there?

Most exchagnes are money transmitters which means theres no insurance, no auditable and no tranparency. Broker dealers are scrutinized regularly and must go through a clearing house.
That means all assets by law need to audited and insured. Even if a broker dealer goes broke the clearing firm is there to protect end users. Clearing firms have higher requirements than most banks.

Apart from the safety aspect we will compete in price. To trade bitcoin on say coinbase it costs $15 per side. Thats really expensive if you're a day trader.
On our platform we'll be around $1-$3 per side, youll be able to go short, use margin (the margin will be much cheaper than say bitfinex who charge 15%).
Thats not including all the other markets round the world you'll be able to go through us. Theres over 100 exchanges around the world which we will connect through to, and going with our price moto we want this to be cheap and accessible so people can day trade it.

What makes Ankorus even more special is that we'll be able to tokenise financial assets which means you can buy fractions, and youll be able to trade those assets between other holders of other tokenised financial assets.
We also will offer a transfer function where you can send anyone you like on the platform those tokenised assets.

Our end goal is to have a platform whereby you can buy anything from anywhere in a seamless way.
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
What better way to maximise profit then firther investing into more stable essets.

this is an awesome idea. i am checking out the bounty program now?

how will you get around possibly being a security?

ANK tokens will not be securities. They will be currency used in our ecosystem. Soon we will publish a structured tier which will show what sort of benefits ANK holder may get.
From getting ultra low commissions to free debits cards and access to educational courses, webinars and a virutal trading library and more....
We will do a blog post explaining more.

Anchor token will be securities. For example 1 Apple Anchor Token will be 1 Apple Share. YOu can redeem the token through us (and we'd sell the share) and credit your account with whatever crypto or cash you'd like.
We pass regulations as we will be a registered broker dealer. Financial assets by law will be regulated, audited and insured.
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
Hello,

Sorry I've been neglecting the announcement thread. The boutny is just on fire and had my focus on that aswell as my other day to day task.
Ill be making sure that I get on the ANN and answering questions.
full member
Activity: 237
Merit: 250
Waiting for the ICO, although the bounty program looks lucrative, the rewards depends on the investment.
member
Activity: 73
Merit: 10

Hello Ankorus team,
Can you please confirm that tomorrow the Contract Code will be publicly available ?
Thanks
sr. member
Activity: 242
Merit: 250
How to verify the team members are real persons? Any research on it?
full member
Activity: 588
Merit: 110
That project is going to very smoothly... And team is working hard. Ankorus team is well experienced and solving the real problem of exchange. Wishing you all the best for all team members behind this project.. I am totally in with Ankorus...
sr. member
Activity: 244
Merit: 250
What is price for token? Hard cap and soft cap for ICO?
newbie
Activity: 56
Merit: 0
As it is not mentioned yet or I just couldn't found. Will Ankorus have a passive income or some sort of profit sharing? Cheers.
hero member
Activity: 901
Merit: 500
What will be happen with unsold token? Will it burned?


Good question. We've been going back and forth on whether to put them in treasury or burn them.
We are going to a meeting to specifically discuss this point so I'll have a concrete answer by tomorrow.

I am presuming you would prefer these to be burnt?
Yes. All unsold token should be burnt to prevent it from big supply when it entered on market. Your token's price would be keep decreasing if these unsold token aren't burned.

I have confirmation. ALL unsold tokens allocated to the public will be burnt!
Wo hooooo what a great news!
Hope with this would be attract people to comes to advertize your project
full member
Activity: 258
Merit: 103
What better way to maximise profit then firther investing into more stable essets.

this is an awesome idea. i am checking out the bounty program now?

how will you get around possibly being a security?
member
Activity: 98
Merit: 10
Blockchain Asset Backed Tokens
What will be happen with unsold token? Will it burned?


Good question. We've been going back and forth on whether to put them in treasury or burn them.
We are going to a meeting to specifically discuss this point so I'll have a concrete answer by tomorrow.

I am presuming you would prefer these to be burnt?
Yes. All unsold token should be burnt to prevent it from big supply when it entered on market. Your token's price would be keep decreasing if these unsold token aren't burned.

I have confirmation. ALL unsold tokens allocated to the public will be burnt!
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