Topic: [ANN]We built decentralized of exchanges which based on bitshares - GTS (Read 210 times)

So I found this mentioned today on YouTube and they have posted on their facebook page today, and this being the official link from there website, makes me wonder why they are not even talking about it here, nor is anyone else.   

Does anyone know if it has been reivewed, cannot find any ICO reviews, scam or no scam?

I like the concept of it, although some red flags are

1.  They are not even talking about it here or very much on their own Twitter themselves, and neither is anyone else.
2.  Unless I missed it there is no real explanation of how the token with be valuable to potential investors, I admit though did not read all of WP.
3.  They have not announced a sale date.
4.  There is no other ICO reviews of it, that I can find.
5.  Team is getting 100% of funds from ICO, all be it in different allowance methods, basically the Dev's are receiving 100% of the sale money.


Not sure it is worth finding any more negatives but would be interested to actually here from team if they care to address above and or others views on it?

BM created Bitshares in 2013, and until today, the DEX of Bitshares decentralization has been running for more than three years.

Token trading has grown exponentially during this period, which has led to many token exchanges, such as centralized  exchange- Bianace and decentralized exchanges - Bitshares DEX. Both are existing in the token exchange market. The centralized exchange takes advantage of efficient and user-first practices to gain absolute initiative in the market, but also get criticized due to it operates in a scheming way and many other asset security problems. DEX has the transparency of transactions and asset security, and many others seem to have hit the key characteristics of centralized exchange but it is not ahead of the market, we then attribute it to the lag of users' trust perception of decentralization. When users are mature, DEX will be the protagonist of the trading.

In the future, tokens assets and tokens of many traditional assets will blow off the trading market. Look at the $5 trillion foreign exchange market; the $75 trillion stock market; the $120 trillion bond market; you can imagine how important the position of the exchange. With such big market , It is impossible to be borne by a centralized exchange. We believe that decentralizing exchanges is the future. Moreover, the future trading market will slowly subdivide into regions, into specific industries. This requires a distributed trading technology to meet, rather than a centralized exchange to undertake.

GTS is based on Bitshares, has created a decentralized cluster of exchanges, which can implement any industry, any field as long as there is a trading demand, can quickly copy the exchange technology, do transactions immediately, have a "dummy”plug-in, greatly reduce the cost of access.In the near future, we will see a scenario in which users from African countries want to participate in the trading without having to "go through the mountains" to access the servers in the United States, but in their own country can benefit from the massive construction of the local GTS exchange. Or a traditional energy company that wants to develop a decentralized exchange of carbon dioxide , and they can also use GTS's technology to rapidly implement decentralized distribution systems.

The GTS project is designed to export its technical forcefor world trade security.