Topic: Need help for new Project- for India & emerging markets specific Crypto space (Read 129 times)

There is no need for a "stable coin", except for fraudulent purposes.

Tell me on foreign exchanges such as Bittrex, what is the purpose of Tether? only speculation.

Bittrex also allows actual USD withdrawals and deposits and crypto is also traded against USD directly not just USDT.  In such a case, it is very hard to see the justification for USDT to exist...

I dont know, how you going to launch a stable coin with corruption money.

Investors you are referring to mostly deals in black money and from your post it looks you want to start money laundering service using cryptocurrency.

Yes, there is market for genuine investors too who are technically challenged due to complexity of crypto trade.

If you want start crypto trading service/exchange to facilitate trade, you have to start a proper physical office like stock traders not from foreign soil.

RIP Atal Ji

Without stable coin, do you think the rest of the plan would work? Especially sub-broker system for the people who need helping hand?

About stable coin, we were thinking of introducing the coin from foreign soil, not India, however, your points are valid still trading of cryptos are not illegal in India and lot of exchanges are still giving services

Here's a suggestion; don't do it, you will fail.

You are trying to create stable coin backed by rupee? Dude tether are doing it and even in crypto world they are getting tagged as 'money printers" and 'black money hoarders' and you want to enable the black money hoarders in India a direct entry into the crypto world?

And let's forget all that, crypto in India is still not legal (or illegal for that matter) and the verdict from Supreme court on the matter may go either way on 9/11 and given the fact that we have a corrupt judicial system, we are not going to see the success of a "stable coin" backed by Rupee.

Modi will never allow this.


RIP Atal Bihari Bajpayee (I'm not a BJP supporter)

No suggestions till now 

Hi everyone, I am currently working on an Idea/project:


Would need help for making it good and valuable, suggestions from members are really and highly appreciated for the betterment

Possible partners - developers, engineers are welcome  

Taking into consideration the issues for the trader investors & miners in India we would like to work on a project where an opportunity which was lost earlier by many or most.


What is the objective we want to achieve?
Currently there are lots of exchanges working in the space and users trade via online (internet) however In capitalist & old rich in hand population countries ie India, Dubai, Russia, Northeast, Canada, Pakistan etc there are traders who trade through phone not Internet, especially in the case of stock market which is not available for crypto assets
These traders are the biggest traders with a deep pocket and big investments and willing to trade in Crypto space, however, there is no option available via phone where they can call the local guy or visit this person’s office/place to deal.
We would like to tap this opportunity by introducing Trading Platform for Sub Brokers (commission sharing model) as well with the existing online user system.
In this platform, we will appoint sub-brokers and they will deal with a traditional type of brokers over the phone etc by leveraging our platform and the commission will be shared amongst the platform (broker) and the Sub broker.


Our Basic Idea includes:

1) (STB) A stable coin(POW or POS) ie Re 1 value wherein via smart contract the holders will receive the same amount of coins the moment halving comes in effect
2) Cryptocurrency Exchange / Trading Websites for Crypto to Crypto trades
3) P2P platform with no fee for the transaction to start with and will be used by miners and buyers
4) Opportunity for the people to mine the coins from the start with low investment on mining equipment
5) People would love to use these coins for commerce where there is no risk of high volatility & holders will get reward with additional coins on every halving.
6) New coin listening on coins via strict voting by community members, not the management; with the blockchain based voting system(consensus)  
7) Lowest trading fee possible
Direct access to funds/wallets via there own private key or phrases
9) A platform for new people to submit their project and get the investors or developers


USP’s which we would like to add as per the project sanction
   No joining fee or Corporation fee for the Sub Brokers
   Just download the app on the phone, fill Name and email; and rest the app will do his job for the registration
   To start trading buy STB coin by cash from the sub-broker, miner, mine yourself or from any cash exchange
   Sub-brokers can even Mine INRT tokens
   Margin trading
   Intraday short trading
   Send receive coins via email or WhatsApp or other messengers
   No need to sell cryptos, you can take loans as well
   Customers can even give loans to other users via P2P automated smart contract
Will & Vault – even after you, your nominated person can claim your assets via smart contract without access to the private key.



Looking forward to hearing from you, at the earliest.

Thanks!