Topic: 🔥 🔥 Ecex.Exchange 🔥 🔥 - page 35. (Read 56609 times)

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.

Your observation is absolutely correct, if you look at contact sections of next then address and contact phone are the same.

https://ecex.exchange/
https://planetziggurat.com/
http://www.sigmacapital.ee/kontakt/

Sorry for inconvenience, direct link to team Leaders was missing indeed (now also added to website top menus, under Pages)
https://ico.ecex.exchange/team-page/

Tõnis Hilep is CEO of PlanetZiggurat OÜ, also CEO of SigmaCapital OÜ,
LinkedIn https://www.linkedin.com/in/t%C3%B5nis-hilep-972288132/

Sven Orro is CTO of PlanetZiggurat, Senior Developer in Percival Software Ltd
LinkedIn https://www.linkedin.com/in/sven-orro-4b534a80/

LinkedIn contacts can also be found on Social Contacts page https://ico.ecex.exchange/social-links/

- Ecex Exchange  is the project, product and platform name
- PlanetZiggurat is the legal body for Ecex Exchange, it will manage and supervise the project.
- SigmaCapital will provide debts domain expertise.
- For first 1,5-2 years we will tightly co-operate with Percival Software Ltd using their long time CSD market domain expertise, several products and development capacity.
- Jumio will provide user authentication service.
- For third-party verification, GuardTime (https://guardtime.com/) or some other service will be used (final decision not made yet).
- PlanetZiggurat will also provide stock market trading domain expertise.
- Additional subcontractors will be joining as the need arises

Thank you for your Question.

In essence Ecex Exchange is Stock Exchange and Depository togehter. Though the initial target of platform is debts related (https://ico.ecex.exchange/ecex-exchange-trading-platform-as-a-debtor-tool/)  the platform in development is in it's core universal. It could handle cryptocurrency, standard shares , or some future instruments not even know at the moment.
From the staring moment we have to keep in mind in development that it will be global project, not targeted to singe country or market. This will bring on another level of complexity.
We will use where possible several ready products and services what will need obtainig licenses to proceed. Ofcourse also addintional customization and integration is needed.
System will provide Investor Services, Issuer Service, Perticipant Services, Clearing and Settelement. It will be compatible with international standars like ISO data handling and messaging standards, TARGET2, Swift and others.
System Will have API and Data Feeds for integrating thirdparty users and services.
The public ICO amount is actually 66% so about 33M.
Even projects are usually not public you can get some idea from this public document in internet:
Egyptian Central Bank Clearing & Settlement Depositary System (CSD) for Government Securities 
https://www.google.ee/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjc2LyRwcDXAhVoOJoKHYPWDAYQFgglMAA&url=https%3A%2F%2Fwww.menatransitionfund.org%2Fsites%2Fmena_trans_fund%2Ffiles%2Fdocuments%2FEG%2520EBRD%2520Central%2520Bank%2520CSD%2520for%2520Govt%2520Securities%2520Proposal_0.docx&usg=AOvVaw16X1ooYJedLYFvS139BpJ2
where project cost for STANDARD market and SINGLE country is estimated to 6.7M
Because of global approach we expect to get signifficant benefit. We acknowledge that for classical instruments there can be market limitations from region to region, but initial target is to bring out totally new debt market model. The fact the we will be able to trade any share, cryptocurrency or other instrument is extra bonus. Also it is possible that one day cryptocurrencies are regulated as traditional financial instrumens. If this daycomes then we would like to be ready to offer this service.

We will not know the outcome of ICO, but we are committed to continue. With low resources it just takes more time and intermediate steps what can be skipped with sufficient funding.
Last but not least - this type of financial world is at the moment very closed circle and we would like to give much simpler and cheaper access to wider audience.   

Why would you need $50 million for this project?

Excerpt from  "Ziggurat Token Sale Agreement"   ICO 20.11.2017-19.04.2018
PlanetZiggurat Offer
This PlanetZiggurat  Token Sale Agreement constitutes an offer to conclude the agreement for purchase and use of the Ziggurat digital tokens under the conditions stated below (the PlanetZiggurat  Offer for purchase and use of the Ziggurat digital tokens) and can be accepted by any person (with the exception of the user specified in Article 6 of the PlanetZiggurat  Token Sale Agreement) not otherwise than by adherence to the entire this PlanetZiggurat Token Sale Agreement, including the conditions of its applications, which are deemed to be its integral part.
This PlanetZiggurat Token Sale Agreement includes and hereby incorporates by reference the following applications: The PlanetZiggurat Whitepaper located at https://ico.ecex.exchange/wp-content/uploads/2017/11/PlanetZiggurat-White-Paper-v.1.3.pdf, collectively, with this PlanetZiggurat Token Sale Agreement, “the PlanetZiggurat Token Sale Agreement”.
The PlanetZiggurat may, in its sole discretion, amend the PlanetZiggurat Token Sale Agreement at any time by posting a revised version on the site at https://ecex.exchange/.
Any revisions to the PlanetZiggurat Token Sale Agreement will take effect on the noted effective date or when posted if there is no noted effective date (each, as applicable, the “Effective Date”). If the change includes an increase of the fees charged by the PlanetZiggurat, such change would take effect after five (5) days after it was posted.
More about our ICO  https://ico.ecex.exchange/

Our Crunchbase profile.
https://www.crunchbase.com/organization/planetziggurat-o

Ecex.Exchange Trading Platform as a  debtor tool

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/

Sign up for news update at ICO Countdown
https://ico.ecex.exchange/countdown/

Early Bird bonus

First 100 ICO participants will get additional bonus descending from 100% to 1% (Persons involved in Ecex Echange project are not allowed to participate in Early Bird bonus program)
Participation time 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.

WhitePaper Abstract

Today financial services sector’s electronic trading environments do not offer possibilities to trade with claims, invoices and factoring agreements(assignments, receivables). Receivables market is mostly human trading. Electronic trading platforms for receivables, like stock exchanges, do not exist. There are some entrepreneurs and startups, the trading platforms are eBay-like online invoice trading and human-backed excel-based systems. There are no direct connections to investors.
PlanetZiggurat goal is to bring assignments on Ecex.Exchange trading platform. We will fill the gap by creating a market environment, a system for an active trading platform of assignment agreements. This means changing for owners of a multitude of agreements and documents, such as claims, invoices and factoring agreements etc.
The market system will be similar to the stock market – very transparent and fast and it will allow trading claims, invoices from the moment they are being issued until the payment date. Claims, invoices will be traded until the obligations are either met or erased due to bankruptcy or natural end of the issuer. The owner of the invoice or claim can delist his right any moment (and exercise his right to realize their own requirements).
As all traders know, all markets function through leading brokerage firms and online brokerage firms. All traders want to be close to possibilities that allow them to make fast decisions and take actions directly, using market data and trading terminals. PlanetZiggurat will spread all relevant trading data to leading brokerage firms and online brokerage firms. We will make arrangements that will get the existing investor community connected to the new assignment market.
Blockchain technology can be used to verify transactions using a third party.
There are three tools planned:
1. The trading platform, exchange for claims, invoices and others subjects for assignments (all together assignments)
2. Exchange information flow through leading brokerage community. PlanetZiggurat will launch a trading platform to show and teach members and clients, https://ecex.exchange/  and https://planetziggurat.com/
3. Blockchain, especially digital signature (https://azure.microsoft.com/en-us/solutions/blockchain/)

PlanetZiggurat will start on the Estonian market due to the small size of the country as a test market and relatively high level of IT development in the country. This will allow to get a functional system up an running fast, have the system compatible with EU regulations and use a small market as a test site for further development in order to be able upscale in full range and functionality at bigger markets at the right time
The stock exchange in Estonia is very small. There are 50 000 trades per year, the depository and market systems are designed for small volumes and are relatively cheap. PlanetZiggurat knows the involved persons and companies and is planning to build its systems with the same software and legal background. http://www.nasdaqbaltic.com/market/?lang=en
PlanetZigurrat has an arrangement with an advisory company (http://bda.ee/en/) who will help to harmonize the system with legislation.
This business plan, PlanetZiggurat OÜ Ecex.Exchange Trading Platform whitepaper, attempts to fill the gap described by European Commission Directorate-General for Financial Stability, Financial Services and Capital Markets Union
“DEVELOPMENT OF SECONDARY MARKETS FOR NON-PERFORMING LOANS AND DISTRESSED ASSETS AND PROTECTION OF SECURED CREDITORS FROM BORROWERS’ DEFAULT “
https://ico.ecex.exchange/

The project is already ongoing and is not directly dependent on ICO.
But we see ICO as opportunity
1) To involve much more people in project
2) Boost significantly the project timescale
3) Introduce token ecosystem in our service
4) Promotion and introduction Ecex Exchange ideas
And, of course, to offer our customers better and more favorable products and services.

What will happen if money amount raised by ICO will not meet your expectations?

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.


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.

ZIGGURAT ICO QUICK FACTS

Token Info

Token Name: Ziggurat
Token Symbol: ZIG
Total emission amount: 531 000 000.00 ZIG
Available for public ICO:  350 460 000,00 ZIG
Decimal places: 18
No Additional Emission over the initial amount.
ICO Info

ICO price: 1 ETH = 2400 ZIG / 1 ZIG = 0.00041667 ETH
ICO Start: 20th of November 2017, 12:00 UTC (midday)
ICO Duration: 150 days
Bonus Programs

Early Bird bonus

First 100 ICO participants will get additional bonus descending from 100% to 1% (Persons involved in Ecex Echange project are not allowed to participate in Early Bird bonus program)
Participation time 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.

Tokens Distribution

Public market 66% : 340 460 000.00 ZIG
Foundation 10% : 53 1000 000 ZIG
Partners 7% : 37 170 000.00 ZIG
Founders 7% : 37 170 000.00 ZIG
Advisers 6% : 31 860 000.00 ZIG
Bounty 4% : 21 240 000.00 ZIG
Foundation and Founders are not allowed to sell Ziggurat tokens on public markets until the end of 2018.

 

See Also Free market Tokens in Ecex.Exchange Trading Platform    https://ico.ecex.exchange/free-market-tokens-in-ecex-exchange-trading-platform/

Free market Tokens in our Ecex.Exchange Trading Platform.

One of the most interesting in the ICO world is the question how we can use tokens and what benefits and profits we will get. Ecex.Exchange Trading Platform will introduce in series articles how and then Ziggurat tokens holders can use and how our Trading Platform will work. Our Trading Platform ecosystems allow use tokens in every deal if parties agreed to use tokens in the mutual settlement. And there is the question not only Ziggurat tokens but every token, coins or another instrument that represent the value that parties suit and agreed. On Trading Platform, of course, all fees can pay with Ziggurat tokens and we prefer that deals are performed in Ziggurat token as well.
The world is the big place and all possible assignments including claims, factoring agreements, receivables, bills, loan agreements and other digital assets are issued in different currencies and it is essential that our Trading Platform allows all these transactions made by our users. Ecex.Exchange does not and can not involve to assignment agreement that is the base of our Trading Platform and it mean that all willing parties who want deal with free market tokens are welcome.
 
Introducing debtors possibility to sell claim against her/himself.

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.

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/

Thank you for the comprehensive answer. Seems the model has good point, not just blockchain hype. Looking forward for ICO start.

Thanks for the reply. In addition to the previous response, I would like to add that even we like make hands dirty we still use high professionals to help us build the system.
With 27 year knowledge, we have found many great partners and participated in several projects. So the goal is to use ready products and services, modify them, add some new ones (like possibilities what blockchain offer),
standardize and globalize debt related instruments and put this all together to one new wonderful environment where also "man from the street" can find his opportunity.
But this is the future, now back to the essence of your question.
1) Ziggurat (ZIG) cryptocurrency can be used as a payment instrument for Ecex Exchange services.
2) Ziggurat cryptocurrency grants the right to profit from up to 20% of Ecex.Exchange Platform outcome.

Let me explain point 1 a bit deeper what is it:
- let's say that 1 ZIG costs 0.10 EUR or 0.10 USD (for now let's ignore actual rates and fluctuations)
- in Ecex Exchange service X  costs 1 EUR/USD OR 1 ZIG

So Ziggurat token holder can
a) buy many services much cheaper
b) it is very highly likely that when Ziggurat is listed on exchanges the price will rise as there is significant difference in ICO price and price how ZIG is evaluated in Ecex Exchange pricelist.

Point 2 should be self-explanatory

Ok, your answer makes sense. I kinda like the f* establishment attitute, exactly what is carring on society at the moment.
But what is there for token buyer? The white paper I found at https://ico.ecex.exchange/wp-content/uploads/2017/11/PlanetZiggurat-White-Paper-v.1.3.pdf is long and complex as they all are.
Can you explain with your own words for a guy from the street (not from wall street) what is there for me?

Thank you for your question FlaviusStidolph. Indeed the ICO period is in our case longer than in many other cases.
There are several reasons for that.
First of all, we are not using PR companies and spin doctors to ensure the success of our ICO but instead we-we do as much our selves as we can.
No doubt professionals are highly effective but instead of this, we would like to spread resource (in a form of Ziggurat tokens) to our future customers or just supporters via affiliate program (details will be revealed soon).
Spreading the word will take longer this way and we want to give the opportunity to participate in ICO to as many people as possible.
Also during this period development goes on and we want to prove to possible ICO participants that we are really committed to this project not just raising money and then deciding what to do with it.

On your Bonus Program page https://ico.ecex.exchange/ico-tiers-2/ I can see that ICO period is planned for 5 months.
In case of many ICO-s the period is rather 5 weeks than 5 months. Is there particular reason for that?