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Topic: [ANN][ICO]Ziggurat 🔥 Ecex Exchange 🔥 Assignments Trading Platform - page 59. (Read 39953 times)

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E-commerce and Ecex.Exchange first app.

One of our first app will be related to e-commerce ecosystems, meaning that every buyer can also issue a loan from the department store at the time of purchase, which also charges for goods.The whole process takes a few seconds.The opportunity to give a loan reaches our platform and financers will fund.The financiers' contest will offer the best value for a loan seeker.And again, all this happens in seconds.The buyer takes on a role of the deptor.
The essence of Ecex.Exchange Trading Platform is the negotiation of the divestiture agreements, which means that the assignor enters our Trading Platform in his assignment. Assignor is the role meant that this role can be filled in every person and the even debtor can introduce her/his dept.
A Trading Platform can also introduce divestitures of the claim into the debtor, which means that the debtor can place the sales claims against her/him.This option turns the whole loan-giving logic around.In real life, this means that borrowers place their divestitures of claims against her/himself on the Trading Platform and wait for lender offers. They can put the price that they hope and the lenders have to fight to get the deal. Visual picture is like the stock market, but the instruments are different.
And bid/ask are filled in that case ask side from debtor and bid side from the lender. As we see the platform allows different combinations of users and gives provides solutions to various economic agents.And one of the most important economic agents is all e-commerce institutions.

Token acquisition details:  https://ico.ecex.exchange/ico-details/


Internet users, e-conomy, e-commerce Southeast Asia

Southeast Asia is now the world’s third-largest region for internet users — with more people online than the entire U.S. population — and internet is having a bigger impact on the region than originally thought, according to a new report co-authored by Google.
China and India typically dominate the conversation when looking at emerging economies in Asia, but Southeast Asia is rapidly being acknowledged as a market where the internet is changing daily behaviors and creating new opportunities. A lack of data has traditionally made it difficult to pinpoint that potential but Google and Singaporean sovereign fund Temasek today released an update to their highly-referenced 2015 ‘e-Conomy SEA’ report — the main takeaway is that growth has exceeded their initial expectations.
The original report forecast Southeast Asia’s internet economy hitting $200 billion per year by 2025, but now it is estimated that it will top that number, reaching $50 billion in 2017 alone.
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https://ico.ecex.exchange/
Come and chat with us directly on webpage! Don't hesitate to ask help if you are new to cryptocurrency world!
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https://ico.ecex.exchange/

Early Bird bonus


First, 30 days extra 30% tokens added on top of every purchase
Second 30 days extra 15% tokens added on top of every purchase
Third 30 days extra 7.5% tokens added on top of every purchase
Fourth 30 days extra 3.25% tokens added on top of every purchase
Fifth 30 days extra 2% tokens added on top of every purchase
Amount Bonus (applied to single transaction)

Purchase transaction amount 10 000 ETH and over  extra 100% tokens added on top
Purchase transaction amount 1 000 ETH and over  extra 50% tokens added on top
Purchase transaction amount 100 ETH and over  extra 25% tokens added on top
Purchase transaction amount 10 ETH and over  extra 12.5% tokens added on top
Purchase transaction amount 1 ETH and over  extra 6.25% tokens added on top
Bonus amounts are calculated on basis of initial Ziggurats amount.
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Accounts Receivable and Assignment are one important group of financial instruments that Ecex.Exchange will be trading in the future.
Here are some educational videos:
https://www.youtube.com/watch?v=qzKQcqjMqCQ
https://www.youtube.com/watch?v=2s7Hhl8fSwk
https://www.youtube.com/watch?v=E0d9uA2kV4o
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Activity: 1148
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https://ecex.exchange/ — First Crypto Depository
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Activity: 1148
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https://ecex.exchange/ — First Crypto Depository
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Activity: 1148
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https://ecex.exchange/ — First Crypto Depository
Hi Dev,
tell me, are you planning a full-fledged exchange, listing other tokens and coins? If so, where I can read the rules to get to you?
Thanks.

As we have stated many times we are building claims/assets exchange


Slide from presentation on Moontec Tallinn 2017

Capability of trading with cryptocurrencies is "side effect"  and for sure we are not looking for it on first stages (if ever)
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Hi Dev,
tell me, are you planning a full-fledged exchange, listing other tokens and coins? If so, where I can read the rules to get to you?
Thanks.
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
Ecex.Exchange, non-performing loans (NPLs), banks and how Ziggurat token will help.


1. Ecex.Exchange Trading Platform, NPSs, banks.

Currently, world markets for distressed debt tend to be characterized by comparatively small trade volumes, a limited number of active investors and large bid-ask spreads. This might reflect various factors, such as significant differences in the required rates of return for banks and investors and in loan recovery expectations, and how servicing costs are taken into account. Ecex.Exchange understand how this market currently functions and gather information how could assist its further development. In particular, it is of interest to ascertain if there are specific the gap to fill that constrain the assignment of loans.(Ecex.Exchange expertise)
The lack of independent servicing capacity in some markets may hinder the development of liquid secondary markets for loans and especially distressed debt. That kind of independent services Ecex.Exchange exactly propose. Furthermore, when banks and credit companies assign defaulted loans, third-party servicers as Ecex.Exchange  represents an alternative to manage those loans on behalf of investors, which usually do not have appropriate capacity to service NPLs.


2. Assignment of loans

Banks may assign performing or non-performing loans to outside investors in order to manage the composition of their balance sheet, their risks and to allow a potential business model re-orientation. Loan contracts can, in principle, be assigned from the originating creditor to a third-party investor under private law regimes. This is most often done via an assignment agreement with the new creditor, which takes over the original creditor's rights and obligations.
Ecex.Exchange Trading Platform is meant exactly for that kind of business.Banks will introduce NPLs on our platform and potential assignees will obtain the rights trough assignment agreement.
Sales can contribute to strengthening banks’ balance sheets and their profitability in the medium to long-term, as the transferring bank would not incur the additional administrative expenses and potential additional losses related to the future management of the loans. In addition, removing NPLs from a bank's balance sheet reduces the uncertainty around the bank's asset quality and loan valuations, as uncertainty on possible future losses associated with the NPL portfolio disappears. In the short term, however, the assignment of NPLs might in some cases stress the bank's capital position and raise concerns regarding the viability of the bank.
In some cases, assignee of NPL contracts, including non-banks, may be more effective in recovering value, in particular through the potential use of better management and servicing. Especially some smaller banks may lack the required in-house capacities and internal processes to manage large portfolios of non-performing loans. Moreover, banks and non-bank investors may face a different set of incentives and constraints when managing loans. Banks may be more reluctant to restructure loans to avoid moral hazard and so-called strategic defaults of existing borrowers.
Today an important aspect of the functioning of secondary markets for NPLs are the large bid-ask spreads. Ecex.Exchange will reduce spreads and it decreases uncertainties about future cash flows, information asymmetries between assignors and assignees and also first-mover disadvantages/ coordination challenges. Together, these factors may significantly constrain the price discovery process. Potential assignees tend not to have access to reliable, granular, readily available standardized information on asset quality and loan tapes in banks. As a consequence, potential assignees may in some cases offer a price that does not reflect the value of portfolios for sale, thus hindering potential transactions.However, Ecex.Exchange provides stock market like price possibilities and assignors and assignees will present they best prices and wills and it is nature of the business that at some point prices are suitable for both parties.




3.Ziggurat Tokens  https://ico.ecex.exchange/

Ziggurat tokens shall provide for the user, today's case the banks, opportunities to sell and buy assignments (NPLs) for certain prices. There is the example:
All service fees are for Ziggurat Token holders payable with Ziggurat Tokens.
Let assume that assignment cost is 20 EUR. Ziggurat Tokens holder will pay 20 Ziggurats.
Let assume that guest service fee is 50 EUR.Ziggurat Tokens holder will pay 50 Ziggurats.
For paying for Exec.Exchange Trading Platform services Ziggurat Tokens can be used on exchange rate 1 ZIG  = 1 USD (this rate only Ecex.Exchange Trading Platform if paying for services.).
We project our assignments amount several million, in the end, third year. It gives great opportunity trade tokens in free marketplaces or uses them on Ecex.Exchange Trading Platform.The Ziggurat Tokens will be an integral part of the Ecex.Exchange Trading Platform as a means to support and pay for the services on the Ecex.Exchange Trading Platform.
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Wicked man coming, new tech, ICO   https://ICO.ECEX.EXCHANGE/    
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What country are you based Dev? Because I received a PM about this project who has not posted on this thread yet.

Ecex.Exchange  and PlanetZiggurat OÜ  jurisdiction      https://ico.ecex.exchange/ico-details/

The Estonian legal environment favours entrepreneurship and the entrepreneurial mind-set. Foreign investors have equal rights and obligations with local entrepreneurs. All foreign investors may establish a company and conduct business in Estonia in the same way as local investors; no restrictions apply.
Estonia has concluded treaties for the protection of investments with 31 countries, including the USA, Germany, France, Finland, Sweden, Norway and Switzerland. Also, agreements for avoiding double taxation have been made with 53 countries, including the EU.
The legal system in Estonia is based on the Continental European civil law model and has been influenced by the German legal system. Unlike in common law countries, Estonia has detailed codifications and issues are solved according to those. Estonian law is basically divided into private and public law. Generally, private law consists of civil law and commercial law. The public law consists of international law, constitutional law, administrative law, criminal law, financial law and procedural law.
Estonia has a three-level court system. County, city courts, and administrative courts adjudicate matters in the first instance. The majority of courts of the first instance are situated in county centers. The courts of the second instance hear the appeals against decisions of courts of the first instance. Courts of appeal are courts of the second instance (sometimes also called circuit courts). The courts of appeal are situated in Jõhvi, Tartu and Tallinn. The Supreme Court, situated in Tartu, is the court of the highest instance.
A statement of claim is filed with the court of the first instance, an appeal to the court of the second instance and an appeal in cassation with the court of the third or the highest instance. A matter shall be heard in the Supreme Court only after all previous court instances have been passed. The filing of an appeal is governed by respective codes of court procedure.

Read more  https://investinestonia.com/
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Ecex.Exchange Trading Platform as a  debtor tool    https://ico.ecex.exchange/ico-details/

Assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract. For example, if Party A contracts with Party B to sell Party A's car to Party B for €100, Party A can later assign the benefits of the contract - i.e., the right to be paid $10 - to Party C. In this scenario, Party A is the obligee/assignor, Party B is an obligor, and Party C is the assignee. Such an assignment may be donative (essentially given as a gift), or it may be contractually exchanged for consideration. It is important to note, however, that Party C is not a third party beneficiary third party beneficiary, because the contract itself was not made for the purpose of benefitting Party C. When an assignment is made, the assignment always takes place after the original contract was formed. An Assignment only transfers the rights/benefits to a new owner. The obligations remain with the previous or previous owner.

Let's take the step further. Assume that Party C put the obligation on the Party B to Ecex.Exchange Trading Platform and he/she want this obligation sell and price is €50. He/She log in and put the asking price to €50 and sent the notification to other parties and the market that HE or she has assignments for sale. Let assume that Party B receives the info and he/or She make the counteroffer and put the price on Ecex.Exchange Trading Platform, let's say €40. Maybe they agree on €45.

As we see there is the great possibility to ease the situation of the debtor while allowing the parties to solve more delicate financing problems more flexibly.
The main idea here is that the debtor can always log on to the Ecex.Exchange Tradin Platform and bid on the specific claim against which he is a debtor. The creditor and the debtor are both Ecex.Exchange Tradin Platform significant customers in addition to investors who are interested in mediation.


General conditions

The Ecex.Exchange Platform is an online blockchain technology-based assignments (claim, receivables, factoring agreements, divestiture of claims etc.)  exchange platform, which shall provide to the User: (i) opportunities to sell and buy assignments,  claims, receivables, and mediate insurance contracts, (ii) various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims, (iii) opportunities to ensure the safety of assignments and using Ziggurat cryptocurrency for internal payments.
The PlanetZiggurat shall grant to the User an opportunity to use the Ziggurat digital tokens  
(i)to opportunities to pay partly for service to sell and buy assignments, claims, receivables, and mediate insurance contracts,
(ii) to pay partly various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims,
(iii) Ziggurat cryptocurrency grants the right to profit from up to 20% of Ecex.Exchange Trading Platform outcome, (distribution will be in cryptocurrency, in ethereum until otherwise decided),
(iv) using Ziggurat cryptocurrency for internal payments through the Ecex.Exchange Platform,
(v)Allow traders to settle Ziggurat tokens,
(vi)PlanetZiggurat will not emit additional tokens over initial amount 531 000 000,00 ZIG,
(vii) If some services in Ecex.Exhange or another platform will burn Ziggurat tokens then it is allowed to emit additional tokes to restore maximum emission amount,
(viii) Founders and Foundation will not sell Ziggurat tokens on public markets until the end of 2018.
Only the owner of the Ziggurat digital tokens may purchase with discounts the services of the Ecex.Exchange Platform.
https://ico.ecex.exchange/
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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 stock like 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 she/he owns.


2. Company

Mostly same thing as the private person: Then 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 determines the provisions and assignor have to agree if assignor wants to buy and all this takes place in the marketplace, there mostly the same picture as stock market only instruments are assignments.

3. Financial institutions.

Let say that Italia gets busted. There are a 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.
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this ico will be smoking hot 
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