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The first and most important tool is trading system, exchange for invoices, claims and others subjects for cession agreements.
The second important tool is spread of our Exchange information flow through leading brokerage firm community. Ecex Exchange launches trading platform free to use for members and customers.
The third tool is blockchain, especially digital signature.
Ziggurat utility token is the fuel of Ecex Exchange used to pay for services and assignments .
Initial idea of all kind debt instruments market.
Project idea was futher develeoped. Several workshops with different domain experts took place. Different finiancing possibilities were discussed.
Decision was made to use hybrid solution of new blockchain elements and classical Fin-Tech software solutions. Also it was decided to roll out own token Ziggurat (ZIG) and allow public participation via ICO.
On 20 October 2017 Ecex Exchange ICO Started. Duration 150 Days, Total 531M Ziggurat (ZIG) toknes will be emitted.
Public market 66% : 350 460 000.00 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
Functionality to manage system users. Register and Login functionality was published on 02 Jan 2018 well ahead the schedule. Because of great interest of community also bounty registration and payment system was developed inside Ecex Exchange platform.
Internal accounts to hold ZIG tokens were implemented and zero fee and instant ZIG token transactions between internal accoutns are available. Withdrawal and Deposit functionality is in progress.
Functionality to list assignments, make offers/bids, sign NDA and contact counter-party. By current estimation will be released in during March 2018
Commercial activities are starting.
Phase 1 Ends. Bounty and other tokens on Ecex Exchange accounts are allowed to withdraw. ZIG Token will be listed on crypto exchanges. ZIG tokens obtained via ethereum payment ICO address are already on owners ethereum accounts.
Smart Container functionality to hold assignments related info and documents. Developing simple trading platform.
Trading platform improvement continues.
Securities Depository integration.
More integrations wth blockchain.
Gaining global ground.
API development start.
Providing possibilities to different business areas like insurance, banking etc.
Providing info feeds via API.
Expanding to new regions.
Finding new market makers.