Topic: [ICO ENDED] Jarvis - Fx, crypto, stocks | DApp browser | Revenue token - page 23. (Read 44793 times)

Thanks for clearing this up. It helped me at least. It was not my intention to create fud on the subject.

I just found out about the information and I want to thank you for providing information about Jarvis + and Jarvis Edge and of course this helps people who really don't know

The terms Market Maker is used wrongly in crypto space, what you refer to is companies that call themselves Market Makers and they are paid to pump the price of the token and create fake transactions. In Jarvis we don't speak about these kinds of MM, we refer to people who quote the price if you want to provide Forex, Stocks, Crypto and etc. prices have to be quoted, you need to know the price that the traders can trade, and those prices are given by Market Makers.

Because there is a confusion in terms,  we are thinking to write an article to explain the difference to show how real Market Makers operate.

Market Makers are everywhere, and we invented MM in order for people to trade. Example: Without MM, if you want to to buy a stock at the desired price, you might won't be able to do so, because not everyone wants to sell that stock. So when you want to buy a certain asset at a certain price and no-one else selling it at that price, you will need a  MM to quote the price.

Good news for Jarvis+! We would like to remind that Jarvis+ and Jarvis Edge are two different companies. This thread is designed to discuss Jarvis Edge and everything related to the project.

I can't view the twitter link - there is an error and this one showed "Sorry, that page doesn’t exist!"
Anyway, I tried to search and I found this correct link - https://twitter.com/KuCoinUpdates/status/1140536453014929410

Jarvis+ (JAR) is now available on KuCoin, you can deposit now. Supported trading pairs include JAR/BTC and JAR/ETH. Trading will start on 20:00 on June 20, 2019 (UTC+8) and withdrawal will open on 22:00 on June 20, 2019 (UTC+8).
https://twitter.com/KuCoinUpdates/status/1140530842248331264

Can we have a sneak peek on that UI, or better yet, is there any change we could try and play with it?

Wow this is good news because there is news relating to developments regarding the project and I am sure it is all thanks to the performance of the team that continues to work

New update up and ready, more news next week!

https://medium.com/jarvis-edge/newsletter-june-16th-f17749c1a83f?postPublishedType=repub

Market maker is the most essential component of the financial market. There will be basically no efficient market without a market maker. They are everywhere and work with everyone: in exchanges, in banks, in brokers etc.

The term market maker can have a bad meaning because a market maker can decide whether to hedge or not the position they have against a trader. Meaning that a market maker will win if the trader loses.

Since retail traders are mostly losing, it is very common for the market maker to only trade against the retail trader, knowing that in the long term they will more money than ever.

The more the market maker trade against a user, the less fees there are since they make money with the losses of thousands of traders. So if you want a low fee or no-fee broker, you go with a market maker.

The risk is that the market maker can lose money if all the traders start winning. It happen in 2017 when BTC started its rally, many market makers have almost bankrupted.

The less market maker trade against you, the more fees there are

Most of the time market maker has 2 books, book A and B, and a shady book C sometimes

All the orders in the A Book are hedged so the role of the MM is to make money on the spread by quoting the asset on several places, hoping to win with the difference. Orders in the B Book are internalized, so the MM trade literally against its client. C Book is highly illegal but some broker do it All the order there are replicated for the benefit of the MM.

The so called market makers are those people who have the guts to burn there money to have a better liquidation and by that making them market manipulator and they can also help a dying coin and bring it back up.

Depending on their tactics, the market making service or the "liquidity provider", can first pump the price, but if anyone is interested learning about the subject, here's one podcast episode that is explaining the scheme and how market makers sometimes scam the ico teams.

This is something new, I have never heard about this news. Hopefully, we hear the Jarvis Team can provide further explanation of this. Personally, I like how they control this project. They are friendly and always give a quick explanation in the telegram group.

So did i understood this right that you have bought a market maker service for liquidity? Lately i have heard bad things about how these guys operate from insiders so i am worried.

The company should show some interest in promotion about their exchange launching. Maybe they will surely consider this one because exchange launching is very important in order to attract more investors to the exchange.

They have decided to go for weekly updates and I think it is a good decision to stay active for the community even if the updates maybe short from time to time.

We wrote yet another new update. Check it out following the link below. More updates next week!

Link: https://medium.com/jarvis-edge/newsletter-9th-of-june-f3337b2e9c9a

I'm glad that you continue to update this thread with good news, some projects I've participated leave their thread and only update their telegram channel, the announcement thread is the one that is visible in the eyes of potential investors, not the telegram channel, where dev can ban people asking legit questions.

Price of the token or?

Details for the next bounty will be given when the time comes so stay tuned:)

As for tokens - yes, each token holder will receive a specific amount according to the number of the tokens he/she has. Standard JRT gives you access to the 14% revenue pool. Meaning that 14% of the company's revenue will be shared among the token holders.

More on this topic you can read in our article: https://medium.com/jarvis-edge/token-distribution-f6b278b67852

Security is the top priority and we are constantly working to find the best solutions to support such a statement.

Here we would like to note that Jarvis will be a decentralized exchange, meaning that we will not have a centralized pool with the users' money. Instead, each user will keep his/her own currency at their wallets, therefore, there will be no "honeypot" for the hackers to steal.