WHAT TAGZ IS ABOUT?
It is widely known and a general knowledge in cryptosphere that a vast majority of online exchanges offering crypto trading services are purely unregulated. This presents a huge cause for concern as unregulated exchanges are high-risk to both the average investor, day and swing traders and are a fantastic target for hackers.
In addition to the above, cryptocurrency is a very fragile and volatile market and cryptocurrencies such as Bitcoin have begun to evolve into mainstream adoption providing for Emerging Markets to arise with Derivative Trading as well as Traditional Crypto Markets.
This is where TAGZ aims to simultaneously make an effort to solve this problem by creating an environment where Regulation, Security and Liquidity is paramount and both markets on one platform is also achieved.
We call this a Dual Gateway Exchange (DGE) which allows for both traditional trading of cryptocurrencies while also offering futures trading in form of derivatives, all whilst being 100% regulated and eliminating any risk to users. TAGZ is Australia’s first fully licensed and regulated Dual Gateway Exchange based in Australia and registered with the Australian Securities and Investment Commission (ASIC).
Dual Gateway Exchange (DGE)
A Dual Gateway Exchange allows you to choose whether to trade either the Traditional Crypto Market OR Derivative Futures or BOTH at the same time on one platform.
Traditional Crypto
Trade premium base pairs like Bitcoin, Ethereum, Litecoin & Altcoins against USD & AUD just the same way as your already used too.
Derivative Futures
Trade with up to 200x leverage on all TAGZ base pairs like BTC/TAGZ, ETH/TAGZ, LTC/TAGZ & XRP/TAGZ
The Cryptocurrencies shown in the figure above will be offered through pairings of USD, AUD & TAGZ and many otheer emerging forms of Crypto exchange will be added to our platform.
N.B: They will NOT be the only cryptocurrencies available to trade as our agenda is to add 2 new coins to our exchange every 30 days.
As part of our strict criteria and due diligence process our team will only be selecting the best cryptocurrencies that we feel will benefit from our platform and hold up true to our high standards.
In order to add new cryptocurrencies to our platform we will reach out to current users of our platform and community to vote in allowing us to appropriately select the right asset to be added to our exchange.
Advantages of a DGE including Margin Trading Futures will allow maximum Margin to:
- Trading leverage of up to 200x.
- Enhanced asset volatility
- Increased market momentum
- TAGZ will be the pace-setter to offer 200x Margin Trading against crypto assets.
- Margin Trading option between 0 – 200x is offered.
- There will be NO FEES when trading 200x on any asset.
Flash Crash – Sudden downward spike in price usually caused by panic-selling and excessive volatility.
Solved by implementing Circuit Breakers preventing sudden price fall.
Pump & Dump – Pump and dump schemes artificially and rapidly increase the trading volume and price of specific asset.
Fake Volume – Artificially inflated volumes from illegal wash trading.
Security Hacks – Exchanges not having a tight and stringent security policy in place.
By design, first and foremost security is the foundation of our platform.Smart Artificial Intelligence (AI) Engine enforces preventative action.
Spoofing – Spoofing is a form of market manipulation by placing an order which the user doesn’t plan to actually execute to influence traders.
Lack of Due Diligence – Minimal or non-existent identity checks on customers from unregulated exchanges.
Tight KYC and AML procedures to prevent money laundering, terrorist funding, fraud and corruption.
TAGZ Token
Token Utility
As part of our business model, the TAGZ Token was created to reduce exchange trading fees for all of the users of our platform as well as increasing the net worth of all TAGZ Tokens through achieving higher market capitalization.
With this in mind and through the pairings of both USD & AUD, the introduction of the TAGZ pair against cryptocurrencies offered on our platform provides a clear path to market.
After the first year of trading any user that maintains holdings of at least 3,500 TAGZ Tokens and trading against any TAGZ pair will save 50% on all fees.
Crowdsale
There will be a global crowdsale by TAGZ to enable us hit our goal of raising enough funds to meet our Hardcap in order to build our exchange platform and forge ahead in accordance with our roadmap. To successfully launch, we must hit our Softcap being the minimum standard.
- Softcap: 1,100,000USD
- Hardcap: 7,500,000USD
- Extra Bonus: 40%
- Price Discount: 25%
- USD Price: $0.0825
- Tokens: 10,000,000
- Start: 20-MAY-2019 9AM
- End: 31-MAY-2019 11:45PM
Funds Distribution
- Regulatory Compliance 15%
- Security Maintenance 19%
- Marketing & Advertising 28%
- Platform Development 38%
Token Distribution
ROADMAP
- Advisors 1%
- Founder & Team 9%
- Reserve Funding 25%
- Distributed 65%
ROADMAP
May 2019- ICO Kickoff.
Jun 2019 – ICO Completed
Aug 2019 – Platform trials (Alpha)
Nov 2019 – Mobile App Launch.
May 2019 – ICO Kickoff
Jul 2019 – Platform Development (Alpha)
Sep 2019 – Platform Launch (Beta)
Dec 2019 – Full-scale Platform Adoption
TAGZ Team
Advisors
More: Informations, please visit the link below:
- Website: https://www.tagz.com/
- Whitepaper: https://tagz.com/wp-content/uploads/tagz_whitepaper.pdf
- ANN Thread: https://bitcointalk.org/index.php?topic=5124779
- Telegram: https://t.me/icofires
- Facebook: https://www.facebook.com/tagzexchange/
- Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2147647
AUTHOR
Bitcointalk Username: Dewi08
Telegram Username: @ dhewio8
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088
wallet address (eth): 0x53D1Ea8619E638e286f914987D107d570fDD686B
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