This post is especially for you who loves numbers and hates paying fees. That's right haha!
I developed a simple tool to simulate a sale or purchase in the largest exchanges in Brazil and also in the Zero Exchange. Obviously you should be wondering, how to compare something with who is not selling at the moment. I will now explain all operation and applied mathematics to calculate rates and prices.
Read the full post on our blog: https://zeroexchange.com.br/blog/inovacao/compare/
Access the bitcoin buying and selling comparison:https://zeroexchange.com.br/compare/
Topic: Project - Zero Exchange (Read 499 times)
An exchange platform with a subscription fee instead of exchange comission - sounds good, but have you studied the similar projects' business models? Why are you so sure that $0.3 per day will be enough to keep the project moving forward? Why do other exchange platforms require more money, maybe it's not just greed but a transaction cost?
Hello, Yrett!
Your question really is a good one, but you just have to do a little bit of it and you'll get the result for yourself.
Stipulating that I hire my unlimited services, ie putting the price on the roof (servers, employees, rent, costs, bills, extra staff, outsourced services) Zero Exchange would have a monthly cost of maximum $ 15,000 month, with an overvaluation.
Now the pre-release business plan I've worked on will sell 25,000 signatures before launch. (It has the advantages to buy before.) Suppose that after the launch we only have 5 thousand monthly users and each user earns $ 10.00 per month is equivalent to $ 50,000. So I think even spending half a month is profitable and that's a minimal basis.
Good question! I also want to hear the answer. The project with only one advantage - low fees,, will not be stable. Any competitor can duplicate this advantate by decreasing comissions.
Hi,Kramblerty !
The competition could rather copy the project and do the same thing, but now if you calculate how much they earn in 1 month they will see that they will never fail to earn streams of money to lower their earnings.
As long as I have time I will do an approximate study of how much the exchanges in Brazil earn per month only by calculating the internal rates.
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OBS: Let's say that a medium-sized exchange moves about 10k bitcoin per month and earns only 0.15% of the total value would be the equivalent of:
10000BTC * $ 11,000 = $ 110,000,000 - 99.85% = $ 165,000 / month
To give more integrity to what I said above, print only move in the last 24 hours Poloniex, Bittrex and Cryptopia.
ok, now it's clear
An exchange platform with a subscription fee instead of exchange comission - sounds good, but have you studied the similar projects' business models? Why are you so sure that $0.3 per day will be enough to keep the project moving forward? Why do other exchange platforms require more money, maybe it's not just greed but a transaction cost?
Hello, Yrett!
Your question really is a good one, but you just have to do a little bit of it and you'll get the result for yourself.
Stipulating that I hire my unlimited services, ie putting the price on the roof (servers, employees, rent, costs, bills, extra staff, outsourced services) Zero Exchange would have a monthly cost of maximum $ 15,000 month, with an overvaluation.
Now the pre-release business plan I've worked on will sell 25,000 signatures before launch. (It has the advantages to buy before.) Suppose that after the launch we only have 5 thousand monthly users and each user earns $ 10.00 per month is equivalent to $ 50,000. So I think even spending half a month is profitable and that's a minimal basis.
Good question! I also want to hear the answer. The project with only one advantage - low fees,, will not be stable. Any competitor can duplicate this advantate by decreasing comissions.
Hi,Kramblerty !
The competition could rather copy the project and do the same thing, but now if you calculate how much they earn in 1 month they will see that they will never fail to earn streams of money to lower their earnings.
As long as I have time I will do an approximate study of how much the exchanges in Brazil earn per month only by calculating the internal rates.
-----------------------------------------------------------------------------------------------------------------------
OBS: Let's say that a medium-sized exchange moves about 10k bitcoin per month and earns only 0.15% of the total value would be the equivalent of:
10000BTC * $ 11,000 = $ 110,000,000 - 99.85% = $ 165,000 / month
To give more integrity to what I said above, print only move in the last 24 hours Poloniex, Bittrex and Cryptopia.
An exchange platform with a subscription fee instead of exchange comission - sounds good, but have you studied the similar projects' business models? Why are you so sure that $0.3 per day will be enough to keep the project moving forward? Why do other exchange platforms require more money, maybe it's not just greed but a transaction cost?
Good question! I also want to hear the answer. The project with only one advantage - low fees,, will not be stable. Any competitor can duplicate this advantate by decreasing comissions.
An exchange platform with a subscription fee instead of exchange comission - sounds good, but have you studied the similar projects' business models? Why are you so sure that $0.3 per day will be enough to keep the project moving forward? Why do other exchange platforms require more money, maybe it's not just greed but a transaction cost?
Nice project looking forward to its success
Any updates about this Project?.I will been in touch
Hello, rawafe!
We have finished our front end and will start the next week in the back end. Follow our instagram for daily updates @zeroexchangeproject
Any updates about this Project?.I will been in touch
Quote
Okay so you're precisely looking for core team members who will share the equity I suppose ? Nice.
Exactly!
Quote
Sorry but I did not understand.A member signs up for a service and pays a subscription fee,after that you will cater that user with all your services for free ? This indeed sounds lucrative but also you need to constantly have new subscribers to stay profitable in the long run.
In fact the member pays a monthly plan or other types of plans. We do not need many new members, we may even have limited members and it still can be profitable. The cost of services are adaptable to the number of users. We would not hire a great team, without being in great growth. We also do not have to pay for unlimited service contracts for a small number of users.
NOTE: An exchange with few transactions daily, is also not very profitable. I know of a few exchanges that failed.
Answer 1 - Jobs are not paid because I am developing the beta phase and only after that phase will we work on the physical part to become a company. And then we will begin to organize the earnings of each employee.
Okay so you're precisely looking for core team members who will share the equity I suppose ? Nice.2 - Internal rates seem to be the main point of the profit of the platform, but it is exorbitant which means that even with a subscription plan is very profitable, multiply the value of the plan by the value of total users is very interesting the return.
Sorry but I did not understand.A member signs up for a service and pays a subscription fee,after that you will cater that user with all your services for free ? This indeed sounds lucrative but also you need to constantly have new subscribers to stay profitable in the long run.Quote
1. You mean to say that they are all volunteers? How the hell did you convinced them in the first place? Or are you guys funding the project all together? Every business need to profit to keep the project going. So I do think that as early as today you should also include it in your business plans and goals. I agree with @Patatas here, you can only be profitable as long as you have lots of subscribers, but in worse case scenario where you didn't get the "required" number of subscribers, what will happen to your business then?
Yes these days all are volunteers. I do not need to convince anyone, most are already my friends or even family members. I finance everything with my own money and I am the programmer and founder of the project.
Really the site needs subscribers users always, but this is not a big problem. The business plan has a launch plan and pre-sale subscription as well as an ICO and the foreign investment will come from this pre-sale. Then we will have enough money for a few months, this amount will already be announced and detailed in the documents that will be published soon.
The most expensive cost may be from the office, but we are looking for somewhere safe and cheap. Not looking for luxury and nothing of the sort, we want to work with justice and provide excellent service to users.
Interesting.
1.Are the jobs paid ?
2.You said the exchange would work without any external service fees,how are you planning to take profits that way ? That one time fee doesn't really help chip in for developers salary,servers,maintenance costs etc.
3.Will there be a escrow service involved in all this ?
The project looks promising but you need to think of your business model.
1.Are the jobs paid ?
2.You said the exchange would work without any external service fees,how are you planning to take profits that way ? That one time fee doesn't really help chip in for developers salary,servers,maintenance costs etc.
3.Will there be a escrow service involved in all this ?
The project looks promising but you need to think of your business model.
Answer 1 - Jobs are not paid because I am developing the beta phase and only after that phase will we work on the physical part to become a company. And then we will begin to organize the earnings of each employee.
2 - Internal rates seem to be the main point of the profit of the platform, but it is exorbitant which means that even with a subscription plan is very profitable, multiply the value of the plan by the value of total users is very interesting the return.
The business model will be posted soon on the blog I'm developing, but I'm still documenting the business plan. Keep following the project.
The project was great, i will support this project. Keep your eye on the vision
Thank you friend! Soon we will have a documentary site of the whole project.
1. You mean to say that they are all volunteers? How the hell did you convinced them in the first place? Or are you guys funding the project all together? Every business need to profit to keep the project going. So I do think that as early as today you should also include it in your business plans and goals. I agree with @Patatas here, you can only be profitable as long as you have lots of subscribers, but in worse case scenario where you didn't get the "required" number of subscribers, what will happen to your business then?
Interesting.
1.Are the jobs paid ?
2.You said the exchange would work without any external service fees,how are you planning to take profits that way ? That one time fee doesn't really help chip in for developers salary,servers,maintenance costs etc.
3.Will there be a escrow service involved in all this ?
The project looks promising but you need to think of your business model.
1.Are the jobs paid ?
2.You said the exchange would work without any external service fees,how are you planning to take profits that way ? That one time fee doesn't really help chip in for developers salary,servers,maintenance costs etc.
3.Will there be a escrow service involved in all this ?
The project looks promising but you need to think of your business model.
Answer 1 - Jobs are not paid because I am developing the beta phase and only after that phase will we work on the physical part to become a company. And then we will begin to organize the earnings of each employee.
2 - Internal rates seem to be the main point of the profit of the platform, but it is exorbitant which means that even with a subscription plan is very profitable, multiply the value of the plan by the value of total users is very interesting the return.
The business model will be posted soon on the blog I'm developing, but I'm still documenting the business plan. Keep following the project.
The project was great, i will support this project. Keep your eye on the vision
Thank you friend! Soon we will have a documentary site of the whole project.
The project was great, i will support this project. Keep your eye on the vision
Interesting.
1.Are the jobs paid ?
2.You said the exchange would work without any external service fees,how are you planning to take profits that way ? That one time fee doesn't really help chip in for developers salary,servers,maintenance costs etc.
3.Will there be a escrow service involved in all this ?
The project looks promising but you need to think of your business model.
1.Are the jobs paid ?
2.You said the exchange would work without any external service fees,how are you planning to take profits that way ? That one time fee doesn't really help chip in for developers salary,servers,maintenance costs etc.
3.Will there be a escrow service involved in all this ?
The project looks promising but you need to think of your business model.
I see your objective but this is usual you make the transaction between the user on LBC. There is no special in that according to my view. Least most of trading site takes .1 percent as a commission.
If you reduced the commission lesser than this you will be admired byany exchanges and possible benefit for consumers too.
If you reduced the commission lesser than this you will be admired byany exchanges and possible benefit for consumers too.
Hello Wipro, The rate between internal exchanges does not exist. What exists is a subscription that we will have with lower values the most expensive plan would be the equivalent of $ 0.3 (0.00002727 BTC) per day. Plans can be purchased by the week, fortnightly or monthly. The more days you will get a discount. Profit is profitable, what exchange platforms earn today is absurd because it does not have a rate regulator.
I see your objective but this is usual you make the transaction between the user on LBC. There is no special in that according to my view. Least most of trading site takes .1 percent as a commission.
If you reduced the commission lesser than this you will be admired byany exchanges and possible benefit for consumers too.
If you reduced the commission lesser than this you will be admired byany exchanges and possible benefit for consumers too.
This will be a p2p exchange? How do you distribute prices then?
Do all trading via app then? A website could be blocked too easy!
Do all trading via app then? A website could be blocked too easy!
Hello, your questions are very vague. If you can detail, I can understand and respond.
This will be a p2p exchange? How do you distribute prices then?
Do all trading via app then? A website could be blocked too easy!
Do all trading via app then? A website could be blocked too easy!
With each passing day I am even more passionate about the project and I am already supporting it, because this is something innovative in the market, it has everything to succeed. I wonder how much we can save and profit from zero fees in our trades with Zero Exchange. This business will explode in the world, in the four corners of the world. Read well and record what I am saying, this business will explode in the four corners of the world. 
look good, i will support this project
any updates? We are interested in further partnerships!
Today the exchange page was created and some colors were changed in the structure, mounting the front end with suggestions from the public. At the moment we are in internal development, soon I will have time to create a blog / diary to publish daily about the project. I am seeking support and followers for the project, partnerships are welcome.
https://www.instagram.com/p/BfyhkiaHhBM/ (vídeo)
any updates? We are interested in further partnerships!
you have a twitter page or facebook
for update for this project
for update for this project
Hello Friend!
I have not yet why I do not use these social networks, I only have instagram.
Soon I will create, and I will also create a blog to detail the updates, for now I am developing the beta phase of the project.
you have a twitter page or facebook
for update for this project
for update for this project
Hello everyone!
This is the second post I am doing here, the first one was about P2P transactions where I am in favor of canceling the exchange rates in the active and passive order.
This posting will now introduce a project and hopefully find people with the same goals and willingness to change this situation.
Exchange Zero Project
Objective: Offer zero rate on active or passive internal transactions.
How does exchange work?
The idea is to create an exchange that works with as many crypto-coins as we can integrate into the system, currently following my knowledge base with integrating 3 initial crypto-coins (Bitcoin / Litecoin / Dogecoin), this integration would be possible through (Block.io).
In order to maintain the exchange and viability, it would have a signature where we would sell access to it, so all subscribers would enjoy trading crypto-currencies without paying any fees, but paying simple maintenance and cost help. That amount would be nothing much beyond $ 10.
The plant will have 2 exchange markets:
The Bitcoin Exchange Market (BTC) will contain the following DOGE / BTC and LTC / BTC trophies.
The Real (BRL) trading market will contain the following BTC / BRL, DOGE / BRL and LTC / BRL shares.
The deposit in reais will also be without any cost charge, withdrawal / withdrawal will only have the cost of local and banking human resources, without percentage on the amount withdrawn.
We need to set up a team of developers along with me, lawyers and people who work with finance. Of course other areas too.
I thought of a way to scrap the resource for exchange investment, but I will not post here now. For the idea is the only thing I have to advantage.
Another idea is that with the physical seat, we can serve the public thus, raise awareness about legal people about crypto-coins and how an exchange works. That's the one big goal, to make the company open, from the source code of the project to even the office.
Soon I will write a script about all the main development topics and everything that will come to the fore. The main part is building a foundation so that we can develop the idea. The problem is not to create the system, but to make it successful.
I'll leave a link from the group I just created on Telegram, and let's discuss this project. I think we can stop these absurd rates and offer better service.
Sincerely, Felipe Aquino.
https://t.me/joinchat/FRL3TQ5MTHRowknSNxy2mw
---------------------------------------------------------------------------------------------------------------------
Update 21-02-2018
Today I started to develop the project a bit, to have something concrete, I did an instagram to publicize the project and got new team members. @zeroexchangeproject
Print Today's Development
---------------------------------------------------------------------------------------------------------------------
Update 26-02-2018
Today the standard page for buying and selling on the website has been developed. See the print below how you are following our development. We will have more details soon.
https://www.instagram.com/p/BfyhkiaHhBM/ (vídeo)
Print Today's Development
---------------------------------------------------------------------------------------------------------------------
Update 28-02-2018
Today I began to document all the development process and the roadmap that we will follow to the final conclusion. The following is a list of our current staff and also some vacancies that we need to fill out. There will also be in this list functions and people who will work in the company's office.
Management Team
Felipe A. (Founder / CEO)
Michelle A. (COO)
Roger M. (CFO)
Thiago C. (CBO)
Nayden L. (Developer APP)
Operational Team
Jefferson P. (Op. Finance)
Larissa A. (ADM / Op. Finance)
Mariene M. (ADM / Op. Finance)
Antonio C. (Translator)
Diego M. (Counselor)
Jobs open
Chief Marketing Officer (CMO)
Software Engineer (CIO)
Web developer
Journalist / Blogger / Social Networking
Legal Officer (CLO)
Director of Accounting (CAO)
Soon I will be creating a documentary blog to report every update and progress of the project. I count on your help to promote and share this project. Every process will be public and we will only accept help from the trader community and from crypto-coins. Our team is formed by volunteers and university students who wish to grow professionally. We do not currently offer payment or salary.
---------------------------------------------------------------------------------------------------------------------
Update 11-04-2018
Launch of informative blog: https://zeroexchange.com.br
This is the second post I am doing here, the first one was about P2P transactions where I am in favor of canceling the exchange rates in the active and passive order.
This posting will now introduce a project and hopefully find people with the same goals and willingness to change this situation.
Exchange Zero Project
Objective: Offer zero rate on active or passive internal transactions.
How does exchange work?
The idea is to create an exchange that works with as many crypto-coins as we can integrate into the system, currently following my knowledge base with integrating 3 initial crypto-coins (Bitcoin / Litecoin / Dogecoin), this integration would be possible through (Block.io).
In order to maintain the exchange and viability, it would have a signature where we would sell access to it, so all subscribers would enjoy trading crypto-currencies without paying any fees, but paying simple maintenance and cost help. That amount would be nothing much beyond $ 10.
The plant will have 2 exchange markets:
The Bitcoin Exchange Market (BTC) will contain the following DOGE / BTC and LTC / BTC trophies.
The Real (BRL) trading market will contain the following BTC / BRL, DOGE / BRL and LTC / BRL shares.
The deposit in reais will also be without any cost charge, withdrawal / withdrawal will only have the cost of local and banking human resources, without percentage on the amount withdrawn.
We need to set up a team of developers along with me, lawyers and people who work with finance. Of course other areas too.
I thought of a way to scrap the resource for exchange investment, but I will not post here now. For the idea is the only thing I have to advantage.
Another idea is that with the physical seat, we can serve the public thus, raise awareness about legal people about crypto-coins and how an exchange works. That's the one big goal, to make the company open, from the source code of the project to even the office.
Soon I will write a script about all the main development topics and everything that will come to the fore. The main part is building a foundation so that we can develop the idea. The problem is not to create the system, but to make it successful.
I'll leave a link from the group I just created on Telegram, and let's discuss this project. I think we can stop these absurd rates and offer better service.
Sincerely, Felipe Aquino.
https://t.me/joinchat/FRL3TQ5MTHRowknSNxy2mw
---------------------------------------------------------------------------------------------------------------------
Update 21-02-2018
Today I started to develop the project a bit, to have something concrete, I did an instagram to publicize the project and got new team members. @zeroexchangeproject
Print Today's Development
---------------------------------------------------------------------------------------------------------------------
Update 26-02-2018
Today the standard page for buying and selling on the website has been developed. See the print below how you are following our development. We will have more details soon.
https://www.instagram.com/p/BfyhkiaHhBM/ (vídeo)
Print Today's Development
---------------------------------------------------------------------------------------------------------------------
Update 28-02-2018
Today I began to document all the development process and the roadmap that we will follow to the final conclusion. The following is a list of our current staff and also some vacancies that we need to fill out. There will also be in this list functions and people who will work in the company's office.
Management Team
Felipe A. (Founder / CEO)
Michelle A. (COO)
Roger M. (CFO)
Thiago C. (CBO)
Nayden L. (Developer APP)
Operational Team
Jefferson P. (Op. Finance)
Larissa A. (ADM / Op. Finance)
Mariene M. (ADM / Op. Finance)
Antonio C. (Translator)
Diego M. (Counselor)
Jobs open
Chief Marketing Officer (CMO)
Software Engineer (CIO)
Web developer
Journalist / Blogger / Social Networking
Legal Officer (CLO)
Director of Accounting (CAO)
Soon I will be creating a documentary blog to report every update and progress of the project. I count on your help to promote and share this project. Every process will be public and we will only accept help from the trader community and from crypto-coins. Our team is formed by volunteers and university students who wish to grow professionally. We do not currently offer payment or salary.
---------------------------------------------------------------------------------------------------------------------
Update 11-04-2018
Launch of informative blog: https://zeroexchange.com.br
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