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Topic: 🔥 🔥 Ecex.Exchange 🔥 🔥 - page 19. (Read 56566 times)

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Activity: 1148
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https://ecex.exchange/ — First Crypto Depository
May 21, 2018, 01:50:29 PM
As a preparation to upcoming trading depositing tokens in initial list is available now. Many more tokens are in the applied list and will follow soon!
https://ecex.exchange/

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https://ecex.exchange/ — First Crypto Depository
May 21, 2018, 04:55:22 AM
🚀🔥Service Fees for upcoming Token Trading http://Ecex.Exchange  🚀🔥

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Activity: 1148
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https://ecex.exchange/ — First Crypto Depository
May 21, 2018, 02:56:37 AM
A summary:   Ecex.Exchange Trading Platform  and PlanetZiggurat      https://ecex.exchange

PlanetZiggurat goal is to bring assignments on Ecex.Exchange trading platform. We will fill the gap by creating a market environment, the system for an active trading platform of assignment agreements. This means changing of owners of a multitude of agreements and documents, such as claims, invoices and factoring agreements all together assignments.
The regular thing what everybody trading is buy-sell agreement. It is very easy to understand, every investor can buy stock and he assumed that is happening behind the electronic market system, how the trade matching takes place and what is the consequences in account then the deals are finally ended.
But in the ecosystem which is mostly same as the stock market and built only for claims, rights, and receivables, operates on basis assignment agreement, there are great possibilities spread around the world and win the customers everywhere.
PlanetZiggurat is aiming for 1 million trades per day by the end of the third year. Our revenue will come from services including: trading fees, issuer background check systems, digital signing, exchange member fees etc. The cash flow will be similar to stock exchange business. The only difference will be instruments and a set of agreements.


Ziggurat Tokens
The PlanetZiggurat shall grant to the User an opportunity to use the Ziggurat digital tokens to:
(i)opportunities to pay partly for service to sell and buy  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 to 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.
The smart-contract of the Ecex.Exchange Platform requires the Ziggurat digital tokens for its work. Only the owner of the Ziggurat digital tokens may purchase with discounts the services of the Ecex.Exchange Platform.

© 2017 PlanetZiggurat OÜ  All rights reserved. Side22 Tallinn 11622 Estonia  +3725078332  [email protected]




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


© 2017 PlanetZiggurat OÜ  All rights reserved. Side22 Tallinn 11622 Estonia  +3725078332  [email protected]
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 20, 2018, 03:45:46 PM
🔥 🔥 🔥 🔥 🔥 🔥  Ecex.Exchange token listing is open 🔥 🔥  https://ecex.exchange

member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 20, 2018, 03:41:29 AM
How about people that purchased tokens in the presale? Are their tokens will be locked? To prevent the dump after listing


5,2M on circulation. This is utility token, unsold tokens will be deployed on the trading system in the future.
We are not on a kamikaze mission here.
member
Activity: 225
Merit: 10
May 19, 2018, 02:38:34 PM
How about people that purchased tokens in the presale? Are their tokens will be locked? To prevent the dump after listing
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 18, 2018, 07:28:48 AM
Work in progress...
ERC20 Tokens trading is coming soon.


https://ecex.exchange/

newbie
Activity: 20
Merit: 0
May 17, 2018, 01:24:20 AM
Hello. Im interesting this project but i have a ... question. When you going a start?
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 16, 2018, 08:10:01 AM
Work in progress...
ERC20 Tokens trading is coming soon.


https://ecex.exchange/

hero member
Activity: 2366
Merit: 866
May 15, 2018, 02:41:07 AM
what is the cost of listing on this exchange ?
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 15, 2018, 02:33:52 AM
Short dictionary
An assignment -is the transfer of an individual's rights or property to another person or business.
Assignor-The assignee receives the transfer from the assignor. For example, an assignee may be received the title to a piece of real estate from an assignor.
Assignee-A person, company or entity who transfers rights they hold to another entity. The assignor transfers to the assignee.
Exchange-A marketplace in which securities, commodities, derivatives and other financial instruments are traded.
Depository-On the simplest level, the depository is used to refer to any place where something is deposited for storage or security purposes.
Trader-trading system -A trading system is simply a group of specific rules, or parameters, that determine entry and exit points for a given equity.
A trading platform is a software through which investors and traders can open, close and manage market positions.
Online trading is simply buying and selling assets through a brokerage's internet-based proprietary trading platforms.
Divestiture of claims  in finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment.
Receivables refer to a company's claims to the future collection of cash, other assets, or services.

https://ecex.exchange/
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 14, 2018, 04:31:31 AM
🔥 🔥 🔥 🔥 🔥 🔥  Ecex.Exchange token listing is open 🔥 🔥  https://ecex.exchange

Tutorial:  https://www.youtube.com/watch?v=nNv70UJk1GI

member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 13, 2018, 02:58:51 AM
Ecex Exchange - How To Deposit Ziggurat (ZIG)Tokens, Other ERC20 Tokens, and ETH to your Ecex Exchange account. https://ecex.exchange/

Tutorial:

https://www.youtube.com/watch?v=xz0n6ELUEXA
legendary
Activity: 1049
Merit: 1009
TRX: TCRKDukYt2zDie9vJDhToKrP3tyTV29U48
May 11, 2018, 10:47:24 PM
Starting from April 2018 we pay monthly interest 2% for ZIG token holdings on Ecex Exchange accounts.
It's like a bank deposit. Transfer Ziggurats to Ecex.Echange and you get monthly interests.

https://ecex.exchange/



great update, in my balance there is still a zig token, I will go to ecex exchange to move my zig token.
btw, what is there any special requirements for get 2% monthly interest? Smiley
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 11, 2018, 07:32:42 AM
Starting from April 2018 we pay monthly interest 2% for ZIG token holdings on Ecex Exchange accounts.
It's like a bank deposit. Transfer Ziggurats to Ecex.Echange and you get monthly interests.

https://ecex.exchange/

member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 10, 2018, 02:59:43 PM
Ziggurat tokens (ZIG) are sold for Ecex Exchange customers on price level 1 EUR = 1 ZIG
Last time I checked Ethereum was 1 ETH for 617.93 EUR, so you would get 617.93 Ziggurat tokens for 1 Ethereum. What is price after ICO? There are two factors for it:
1) Ecex Exchnage fees are paid ZIG tokens)
2) What the price will be on markets is out of our hands, but we promised to keep internal sale prices 10 % over average stock exchanges price if the price rises higher in crypto exchanges.

What does 1 ZIG = 1 EUR price mean?  ZIG is used for service fees on Ecex Exchange.
Customers can obtain tokens where they want, but they can buy Ziggurat tokens (ZIG) without trading directly from Ecex by fixed pricelist price 1:1. Sometimes it is simpler to buy few tokens needed for fees than start trading.

Only thing that really can affect price to rise is expanding Ecex Exchange functionality and customer base. And this we are commited to do
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 10, 2018, 02:17:58 PM
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://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.
member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 10, 2018, 02:50:39 AM
Expected airdrop is on 25 May. All you need is to have Ecex Exchange account.
https://ecex.exchange/ 

member
Activity: 1148
Merit: 10
https://ecex.exchange/ — First Crypto Depository
May 10, 2018, 02:27:16 AM
All bounties are closed for now. More to expect when we open ERC20 Tokens trading.
https://ecex.exchange/

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