Hey Devs,
It seems you're having a too inactive community here.
I think I could guess why, let me first ask you a question
Who is your targeted audience?
You are right, the ICO audience and Ecex.Exchange Trading Platform clients are very different.
But here some visions:
Ecex.Exchange Trading Platform (EETP) clients vision.EETP users will be very different economic agents who willing to perform the very different set of agreements. EETP blueprints show us, trading systems are meant for various universal agreements
based on assignments from antic cession agreement logic and that there are possibilities to use EETP that all future exploitation is impossible to present.
Here is little overview and examples what private person and companies can do with EETP.
1.Private person.The simplest problem for the private person is personal loans and loan agreement. Assume that Private Person wants to take a loan 5000 euros. The easiest use is to sell loan agreement against her/himself on EETP. It means loan buyer is lender and lender can bee assignor and sell loan forward trough stocklike bid/ask system. Byer is assignee and Private person loan is on a free market. Everybody can buy it through EETP.
A private person can, of course, be assignor and sell all her/his assignments on EETP. The process is very simple.Private person log to EETP, there will be Jumio like identification, after that she/he downloading all assignment related documents to digital container, read NDA and assignment agreement, put the price to assignment and after the submitting data the assignment is on EETP and Private person role is assignor and her/his assignment is on market.
A private person can as assignee to find the financier for temporary bills or other loan agreements that she/he have to pay. Adding documents to assignment digital container and put the price Privat person can sell all different obligations her/herself.
2. CompanyMostly same thing as the private person: Thin about possibilities, then the company can sell loans and banks and credit companies have to buy them through simple assignment agreements. Keep in mind that loan agreements and other related documents are in the digital container and belong to assignment agreement. Assignee determine the provisions and assignor have to agree if assignor want to buy and all this takes place in the marketplace , there mostly the same picture as stack market only instruments are assignments.
3. Financial institutions.Let say that Italia gets busted. There are hundred banks, wanting to sell the loan agreements and the only way is by phone to find the old classmate in China and try to pitch the quality of distress loan portfolio.
EETP have the solution. Italian bank can but as assignor all loans to one digital container and spread the selling information through EETP to possible buyers and even give in ask side indicative offer. And maybe there will be in ten minutes the deal and the unknown for Italian bank manager Soul credit company bought all loans.
Thank you for reply, but permit me to doubt, private persons are not your targeted audience (if you want me to express my opinion on that, just give me a sign)
That's why your project sounds and looks too sophisticated to forum's inhabitants.
Ordinary people doesn't interact with loans, assignments and etc. selling everyday (I wonder if ever) whilst financial institutions are your clients for sure.
To hit that market you need much more complex approach and some serious backing (fundamental investors, maybe government approval), IMO
Cessio's legislation is similar in essential legal systems.I agree, it's hard to understand, but I hope that serious investors will understand.
I am affiliated with credit companies and I am well aware of the needs of both individuals and business people. For learning and understanding.1. HISTORICAL BACKGROUND OF ASSIGNMENT
1.1.Roman Law
The Roman law provides an invaluable introduction to the understanding of legal concepts and a passport to the appreciation of Continental legal systems. Roman law is the product of the genius of good order and organized common sense of a remarkable ancient civilization, and it constitutes a legacy that has had a profound influence in subsequent ages.
1.2. Cessio
There are two main institutes related to cessio:
- cessio bonorum: where a debtor had become insolvent owing to unforeseen circumstances, he could, under the formulary procedure, avoid the infamy attached to execution by petitioning a magistrate to allow him to make a voluntary cession of his property (cessio bonorum) to his creditors;
- cessio in iure: Litt. cession before a court. It was a ritual procedure (imitating the procedure of the legis actio sacramento in rem) already known by the time of the Twelve Tables that was used to create, transfer or extinguish certain rights (specifically the so-called ?Quiritary rights?). It partly fell into disuse in classical Roman law.1.
Cessio bonorum, (Latin: ?a cession of goods?), a voluntary surrender of goods by a debtor to his creditors. It did not amount to a discharge of the debt unless the property ceded was sufficient for the purpose, but it secured the debtor from personal arrest. The creditors sold the goods, applying the proceeds to their claims. Although property that the debtor might acquire later could be claimed by the creditors, he could not be deprived of the bare necessities. The main features of cessio bonorum were adopted into the French and other legal systems. In England it survives in the internal regulations of certain commercial bodies, such as stock exchanges.
Cessio bonorum ,was a procedure introduced by Augustus reign (Republic) , whereby a judgement debtor voluntarily surrendered his property to the creditors. The property was sold off, but the debtor would not be subjected to legal disgrace or to the possible imprisonment by the creditors. Surrender was not available as of the right: it applied only there the preator was satisfied that the debtor had genuine assets and that the bankruptcy was the result of misfortune.
In jure cessio was a conveyance in the form of a lawsuit. The transferee claimed before the magistrate that the thing was his, and the transferor, who was the defendant, admitted the claim. The magistrate then adjudged the thing to the transferee. (The sham-lawsuit theory, however, is not acceptable to all modern scholars, principally because the judgment of ownership was valid against any possible private claimant, not merely against the defendant, as in a true lawsuit.) 2
Cessio had some similarities to mancipatio. It was a highly formal and cumbersome conveyance, originating before the Twelve Tables and fading in importance long before Justinian. Our knowledge of cessio is derived mainly from Gaius, who tells us(Inst.Gai.2.24) that cessio was performed before a magistrate, such as the preator(or governor) with the transferor and transferee present, together with the property to be transferred (or a symbolic sod of earth in the case of land). The transferee grasped the property and uttered the same set words as in mancipatio. The preator asked the transferor thether he claimed the thing. Assuming that the latter stayed silent, or made no claim, he was taken as having ceded his rights, whereupon the preator awarded the property to the transferee.3
2. ASSIGNMENT TODAY
An assignment (Latin cessio) is a term used with similar meanings in the law of contracts and in the law of real estate. In both instances, it encompasses the transfer of rights held by one party?the assignor?to another party?the assignee. It can also be a transfer of a benefit, including an equitable interest, according to established rules (at common law or in equity).The rights may be vested or contingent.The details of the assignment determine some additional rights and liabilities (or duties).
Typically a third-party is involved in a contract with the assignor, and the contract is in effect transferred to the assignee. For example, a borrower borrows money from a local bank. The local bank receives a mortgage note and can thereafter transfer that note to a financial institution in exchange for a lump-sum of cash, thereby assigning the right to receive payment from the borrower to another entity. Mortgages and lending contracts are relatively amenable to assignment since the lender's duties are relatively limited; other contracts which involve personal duties such as legal counsel may not be assignable.
The assignment might be claims, all kind of contracts, factoring contracts, receivables, the pool of loan contracts and so on. Ecex.Exchange Trading Platform enables download all assignment related documents to the digital container under digital signature. It mean if assignment agreement is on the market buyer obtain all related documents and have full authority to realize his rights. Assignment Wikipedia
But ı agree with you. Airdrops must be free and should be used in the right category. Even it is not common to ask for transaction fees for Airdrop Coins/Tokens.
