https://www.youtube.com/watch?v=DEqmUoI4yyI
Topic: 🔥 🔥 Ecex.Exchange 🔥 🔥 AirDrop - page 6. (Read 3375 times)
To see assignment's sensitive info interested customer must sign Non-Disclosure Agreement. https://ecex.exchange
https://www.youtube.com/watch?v=DEqmUoI4yyI
https://www.youtube.com/watch?v=DEqmUoI4yyI
We made additional bounty functionality to our exchange project.
Telegram https://t.me/ZigguratICO
Log in our IN-HOUSE BOUNTY https://ecex.exchange
Telegram https://t.me/ZigguratICO
Log in our IN-HOUSE BOUNTY https://ecex.exchange
Price and activity of Ziggurat (ZIG) token in slight rise after started to roll out assignments functionality. https://etherdelta.com/#0xe760a89967d8c7fa638eebfc15a77ba107674021-ETH …
https://ecex.exchange
https://ecex.exchange
PlanetZiggurat goal is to bring assignments on Ecex.Exchange trading platform. An assignment derived from Roman law cessio.
Here is short overview, historical background
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.
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.
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.)
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." Borkowski's Textbok on Roman Law
https://ico.ecex.exchange/
Here is short overview, historical background
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.
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.
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.)
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." Borkowski's Textbok on Roman Law
https://ico.ecex.exchange/
To see assignment's sensitive info interested customer must sign Non-Disclosure Agreement. https://ecex.exchange
https://www.youtube.com/watch?v=DEqmUoI4yyI
https://www.youtube.com/watch?v=DEqmUoI4yyI
Ecex.Exchange will buy distressed loans and other distressed contractual rights for Ziggurat tokens at a price 1 ZIG = 1 EUR.
How would I find out whether a distressed debt is cheap or expensive? We let the decision making by our clients and by the exchange. Bid and ask prices will show the real price parties willing to pay.
But for start business, we will buy distressed loans and contractual rights to our book and we will place them on our assignment listing.
Ziggurat tokens and all others free tokens prices are very volatile.The price formation is long run business and for that reason, we made a corporate decision that we allocate a substantial amount of Ziggurats to paying for distressed debt portfolio own by PlanetZiggurat OÜ and operate on Ecex.Exchange Trading Platform. We form the portfolio from emitted Ziggurats and we are willing to raise the amount of debt up to 100m ZIG.
What that means. We just starting to buy all kind of assignments, the price will be a consensual and main character of this deal is the Ziggurat price which we considered 1 EUR = 1 ZIG. The forms to submit your offers to sell debt are already on our Ecex.Exchange Trading Platform..
Our Ecex.Exchange Trading Platform will develop step by step. Assignment first listings will be the same form as the transfers, transactions, and bounty. There will be bids and as sections of course. There will be some time before we develop our trading system to next level but assignments collection no need sophisticated systems straight away.
Who can participate:
Better then you already are : Ziggurat owner, Ecex.Exchange member,
1. A private individual claiming against another person who has documents in this regard and can upload it to the Ecex.Exchange Trading Platform system.
2. Companies that have a claim against a private individual or legal entity that holds documents and can upload this claim to the Ecex.Exchange Trading Platform system.
3. Economic agents who have any claim against another person and who can prove it with documents and can digitally upload these documents to the Ecex.Exchange Trading Platform system.
The list is not complete and all persons who are interested in entering into a transaction with a potential legal requirement can contact us.
If you are interested in selling your claims, please register https://ecex.exchange/
How would I find out whether a distressed debt is cheap or expensive? We let the decision making by our clients and by the exchange. Bid and ask prices will show the real price parties willing to pay.
But for start business, we will buy distressed loans and contractual rights to our book and we will place them on our assignment listing.
Ziggurat tokens and all others free tokens prices are very volatile.The price formation is long run business and for that reason, we made a corporate decision that we allocate a substantial amount of Ziggurats to paying for distressed debt portfolio own by PlanetZiggurat OÜ and operate on Ecex.Exchange Trading Platform. We form the portfolio from emitted Ziggurats and we are willing to raise the amount of debt up to 100m ZIG.
What that means. We just starting to buy all kind of assignments, the price will be a consensual and main character of this deal is the Ziggurat price which we considered 1 EUR = 1 ZIG. The forms to submit your offers to sell debt are already on our Ecex.Exchange Trading Platform..
Our Ecex.Exchange Trading Platform will develop step by step. Assignment first listings will be the same form as the transfers, transactions, and bounty. There will be bids and as sections of course. There will be some time before we develop our trading system to next level but assignments collection no need sophisticated systems straight away.
Who can participate:
Better then you already are : Ziggurat owner, Ecex.Exchange member,
1. A private individual claiming against another person who has documents in this regard and can upload it to the Ecex.Exchange Trading Platform system.
2. Companies that have a claim against a private individual or legal entity that holds documents and can upload this claim to the Ecex.Exchange Trading Platform system.
3. Economic agents who have any claim against another person and who can prove it with documents and can digitally upload these documents to the Ecex.Exchange Trading Platform system.
The list is not complete and all persons who are interested in entering into a transaction with a potential legal requirement can contact us.
If you are interested in selling your claims, please register https://ecex.exchange/
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
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.
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
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.
Welcome World’s first mobile payment ICO!
Obtaining cryptocurrency and participating in ICO has never been easier. You don’t even need cryptocurrency wallet/account. We hold your ZIG coins on your Ecex Exchange account what we make for you for free.
During ICO period Ecex Exchange utility token ZIG is sold with significantly better price than later. After ICO ending on 20 April 2018 Ziggurat tokens will be sold in Ecex Exchange for customers with price 1 ZIG = 1 EUR.
First token buyers will get additional 5 ZIG free bonus.
Already have ERC20 tokens compatible wallet and want to use this instead, also not a problem – you can transfer ZIG tokens from Ecex Echange to your custom wallet.
How to start?
1) Go to https://sms.ecex.exchange/
2) Click on Pay by Mobile button
3) Select amount of ZIG utility tokens you want to buy. Price and available amounts vary by country!
NB! If you see Sandbox Mode warning then service is not yet launched in your country.
4) Fill in your mobile number and continue
5) You will be guided through payment process, again it might vary by service provider and country.
Need help on making mobile payment? See fortumo support for more details: Fortumo Support
6) After successful payment you are provided option to return to merchant. If this is your first payment to Ecex Exhnage ICO then we strongly advise to do so – temporary Ecex Exchange account will be created for you.
7) After first purchase temporary login credentials are provided to you, please save them for next strep.
Log in with provided temporary info
9) Update your user profile. Specially important are e-mail and password, without them you are not able to log in.
10) On Ecex Exchange portal dashboard you will see your purchase transactions.
We will add more functions soon, stay tuned!
All ZIG holdings on Ecex Exchange accounts are protected by special Guarantee Fund what grows as needed.
By making mobile payment you agree to Terms of Utility Token Sale
Obtaining cryptocurrency and participating in ICO has never been easier. You don’t even need cryptocurrency wallet/account. We hold your ZIG coins on your Ecex Exchange account what we make for you for free.
During ICO period Ecex Exchange utility token ZIG is sold with significantly better price than later. After ICO ending on 20 April 2018 Ziggurat tokens will be sold in Ecex Exchange for customers with price 1 ZIG = 1 EUR.
First token buyers will get additional 5 ZIG free bonus.
Already have ERC20 tokens compatible wallet and want to use this instead, also not a problem – you can transfer ZIG tokens from Ecex Echange to your custom wallet.
How to start?
1) Go to https://sms.ecex.exchange/
2) Click on Pay by Mobile button
3) Select amount of ZIG utility tokens you want to buy. Price and available amounts vary by country!
NB! If you see Sandbox Mode warning then service is not yet launched in your country.
4) Fill in your mobile number and continue
5) You will be guided through payment process, again it might vary by service provider and country.
Need help on making mobile payment? See fortumo support for more details: Fortumo Support
6) After successful payment you are provided option to return to merchant. If this is your first payment to Ecex Exhnage ICO then we strongly advise to do so – temporary Ecex Exchange account will be created for you.
7) After first purchase temporary login credentials are provided to you, please save them for next strep.
Log in with provided temporary info9) Update your user profile. Specially important are e-mail and password, without them you are not able to log in.
10) On Ecex Exchange portal dashboard you will see your purchase transactions.
We will add more functions soon, stay tuned!
All ZIG holdings on Ecex Exchange accounts are protected by special Guarantee Fund what grows as needed.
By making mobile payment you agree to Terms of Utility Token Sale
I signed up for an account in ecex.exchange
And I see in the Personal Console there are Assignments
Can you tell more about this?
as these assignments are hard to understand I will bring some examplesAnd I see in the Personal Console there are Assignments
Can you tell more about this?
- company x sells goods to company y with payment term 150 but then needs to get payment faster - they can sell invoice with bit lower price
- bank b has non-performing loans - also those can be sold
- financial institution i has performing loans but want exit loan business
- sure assignment exchange will help
- mister x has 10 wallets of different cryptocurrencies - he can bind them all together to one assignment instrument and sell them
- Miss j is not happy with load offered by her bank - she can ask for loan offers i.e. sell claim against herself - again assignment
when we have implemented basic features and have already some reasonable amount of data then selling data feeds to classical brokerages and financial institutions is another excellent service
also no doubt insurance business is interested to join
building it from the ground as the stock exchange and shares depository can give limitless opportunities
we will try to mix old classical finance knowledge with new approaches that blockchain can offer
what comes to ICO then ZIG token is sold significantly cheaper during ICO than what it will be listed in Ecex Exchange pricelist
Ecex will use for all internal payments ZIG utility tokens even if user does not know or care about cryptocurrencies
so internal price list is always in ZIG and if the user needs to some transactions then he/she is charged internally in ZIG even if it is transparent to the user
we have promised that after ICO Ecex will sell in internal system ZIG tokens with the price at least 1 ZIG = 1 EUR
or 10% over average stock exchanges price if the price rises higher in crypto exchanges
Dead tokens assignment in our Ecex.Exchange Trading Platform.
Many investors bought tokens that are not the best investments and that the claim against the issuer.
It means that token owner can sell this claim against the token issuer and in best case can earn even some money.
On Ecex.Exchange Trading Platform everyone can list his claims and place the price on the claim.
For claim listing investor need only show ownership, related documents and listing is ready.
The ownership of the token is also confirmed by the wallet.Yes, you can list and add your wallet to assignment simply add wallet number and Private Key to documents(smart container).
It depends of course how you want to sell your claim, eventually, you will negotiate the buyer.
The investor must add a token agreement to the listing, if possible with the issuer's business plan and whitepaper.
Assignment listing attached documents (smart container) must confirm that the claim is worth the purchase.
https://ecex.exchange/
Many investors bought tokens that are not the best investments and that the claim against the issuer.
It means that token owner can sell this claim against the token issuer and in best case can earn even some money.
On Ecex.Exchange Trading Platform everyone can list his claims and place the price on the claim.
For claim listing investor need only show ownership, related documents and listing is ready.
The ownership of the token is also confirmed by the wallet.Yes, you can list and add your wallet to assignment simply add wallet number and Private Key to documents(smart container).
It depends of course how you want to sell your claim, eventually, you will negotiate the buyer.
The investor must add a token agreement to the listing, if possible with the issuer's business plan and whitepaper.
Assignment listing attached documents (smart container) must confirm that the claim is worth the purchase.
https://ecex.exchange/
I signed up for an account in ecex.exchange
And I see in the Personal Console there are Assignments
Can you tell more about this?
And I see in the Personal Console there are Assignments
Can you tell more about this?
New Look! https://ecex.exchange/
as these assignments are hard to understand I will bring some examples
- company x sells goods to company y with payment term 150 but then needs to get payment faster - they can sell invoice with bit lower price
- bank b has non-performing loans - also those can be sold
- financial institution i has performing loans but want exit loan business
- sure assignment exchange will help
- mister x has 10 wallets of different cryptocurrencies - he can bind them all together to one assignment instrument and sell them
- Miss j is not happy with load offered by her bank - she can ask for loan offers i.e. sell claim against herself - again assignment
when we have implemented basic features and have already some reasonable amount of data then selling data feeds to classical brokerages and financial institutions is another excellent service
also no doubt insurance business is interested to join
building it from the ground as the stock exchange and shares depository can give limitless opportunities
we will try to mix old classical finance knowledge with new approaches that blockchain can offer
what comes to ICO then ZIG token is sold significantly cheaper during ICO than what it will be listed in Ecex Exchange pricelist
Ecex will use for all internal payments ZIG utility tokens even if user does not know or care about cryptocurrencies
so internal price list is always in ZIG and if the user needs to some transactions then he/she is charged internally in ZIG even if it is transparent to the user
we have promised that after ICO Ecex will sell in internal system ZIG tokens with the price at least 1 ZIG = 1 EUR
or 10% over average stock exchanges price if the price rises higher in crypto exchanges
as these assignments are hard to understand I will bring some examples
- company x sells goods to company y with payment term 150 but then needs to get payment faster - they can sell invoice with bit lower price
- bank b has non-performing loans - also those can be sold
- financial institution i has performing loans but want exit loan business
- sure assignment exchange will help
- mister x has 10 wallets of different cryptocurrencies - he can bind them all together to one assignment instrument and sell them
- Miss j is not happy with load offered by her bank - she can ask for loan offers i.e. sell claim against herself - again assignment
when we have implemented basic features and have already some reasonable amount of data then selling data feeds to classical brokerages and financial institutions is another excellent service
also no doubt insurance business is interested to join
building it from the ground as the stock exchange and shares depository can give limitless opportunities
we will try to mix old classical finance knowledge with new approaches that blockchain can offer
what comes to ICO then ZIG token is sold significantly cheaper during ICO than what it will be listed in Ecex Exchange pricelist
Ecex will use for all internal payments ZIG utility tokens even if user does not know or care about cryptocurrencies
so internal price list is always in ZIG and if the user needs to some transactions then he/she is charged internally in ZIG even if it is transparent to the user
we have promised that after ICO Ecex will sell in internal system ZIG tokens with the price at least 1 ZIG = 1 EUR
or 10% over average stock exchanges price if the price rises higher in crypto exchanges
Ecex.Exchange will buy distressed loans and other distressed contractual rights for Ziggurat tokens at a price 1 ZIG = 1 EUR.
How would I find out whether a distressed debt is cheap or expensive? We let the decision making by our clients and by the exchange. Bid and ask prices will show the real price parties willing to pay.
But for start business, we will buy distressed loans and contractual rights to our book and we will place them on our assignment listing.
Ziggurat tokens and all others free tokens prices are very volatile.The price formation is long run business and for that reason, we made a corporate decision that we allocate a substantial amount of Ziggurats to paying for distressed debt portfolio own by PlanetZiggurat OÜ and operate on Ecex.Exchange Trading Platform. We form the portfolio from emitted Ziggurats and we are willing to raise the amount of debt up to 100m ZIG.
What that means. We just starting to buy all kind of assignments, the price will be a consensual and main character of this deal is the Ziggurat price which we considered 1 EUR = 1 ZIG. The forms to submit your offers to sell debts will be on systems soon.
Our Ecex.Exchange Trading Platform will develop step by step. Assignment first listings will be the same form as the transfers, transactions, and bounty. There will be bids and as sections of course. There will be some time before we develop our trading system to next level but assignments collection no need sophisticated systems straight away.
Who can participate:
Better then you already are : Ziggurat owner, Ecex.Exchange member,
1. A private individual claiming against another person who has documents in this regard and can upload it to the Ecex.Exchange Trading Platform system.
2. Companies that have a claim against a private individual or legal entity that holds documents and can upload this claim to the Ecex.Exchange Trading Platform system.
3. Economic agents who have any claim against another person and who can prove it with documents and can digitally upload these documents to the Ecex.Exchange Trading Platform system.
The list is not complete and all persons who are interested in entering into a transaction with a potential legal requirement can contact us.
https://ecex.exchange
How would I find out whether a distressed debt is cheap or expensive? We let the decision making by our clients and by the exchange. Bid and ask prices will show the real price parties willing to pay.
But for start business, we will buy distressed loans and contractual rights to our book and we will place them on our assignment listing.
Ziggurat tokens and all others free tokens prices are very volatile.The price formation is long run business and for that reason, we made a corporate decision that we allocate a substantial amount of Ziggurats to paying for distressed debt portfolio own by PlanetZiggurat OÜ and operate on Ecex.Exchange Trading Platform. We form the portfolio from emitted Ziggurats and we are willing to raise the amount of debt up to 100m ZIG.
What that means. We just starting to buy all kind of assignments, the price will be a consensual and main character of this deal is the Ziggurat price which we considered 1 EUR = 1 ZIG. The forms to submit your offers to sell debts will be on systems soon.
Our Ecex.Exchange Trading Platform will develop step by step. Assignment first listings will be the same form as the transfers, transactions, and bounty. There will be bids and as sections of course. There will be some time before we develop our trading system to next level but assignments collection no need sophisticated systems straight away.
Who can participate:
Better then you already are : Ziggurat owner, Ecex.Exchange member,
1. A private individual claiming against another person who has documents in this regard and can upload it to the Ecex.Exchange Trading Platform system.
2. Companies that have a claim against a private individual or legal entity that holds documents and can upload this claim to the Ecex.Exchange Trading Platform system.
3. Economic agents who have any claim against another person and who can prove it with documents and can digitally upload these documents to the Ecex.Exchange Trading Platform system.
The list is not complete and all persons who are interested in entering into a transaction with a potential legal requirement can contact us.
https://ecex.exchange
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.
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 when 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.
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.
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 when 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.
Ecex Exchange ICO https://ecex.exchange . Limited supply 531M tokens!. Unti 19 April ZIG tokens base price is 1 EUR = 10 ZIG, after that 1 EUR = 1 ZIG
Assignments Exchange open soon https://ecex.exchange
Assignments Exchange open soon https://ecex.exchange
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