BARTER SMARTPLACE - " The Confidential Ecosystem of Barter Trading on Blockchain with Digital Legal Smart-Contract"
http://barter.company/
The primary risks involved in trading over-the-counter (OTC) stocks stem from lack of reliable information and the fact that OTC stocks are commonly very thinly traded markets.
OTC stocks, also known as "penny stocks" due to the fact that many of them trade for less than $1, are a tempting opportunity for investors. They offer the chance to buy lots of shares for a little bit of money, which could turn into a lot of money if the company turns out to be highly successful. Many OTC-listed companies are touted as offering the next great technology with unlimited upside potential. However, it's very difficult for investors to determine the realistic potential of OTC stocks; there is usually very little information readily available. Unlike companies that are traded on regular stock exchanges, OTC companies aren't required to provide a lot of information. About all that's required for a company to be listed on the OTC exchange is filling out a form requesting to be listed. This can make it very difficult for the average investor to obtain sufficient information to make an informed investment decision regarding a company.
Smart contracts in the financial sector have shown their advantage in comparison with traditional methods of value transfer, but so far have not been widely used in the legal industry.
Digital assets lowered the barrier of trust, increase the privacy of the parties to the transaction and the speed of its execution. Legal smart contract with electronic signature allows achieving high reliability and convenience of the service. Barter Smartplace is a confidential digital asset exchange platform based on a legal smart contract, but as the main element of the platform ecosystem, a service of tokenization of a real valuable asset is provided, which can then be placed on the smartplace.
Barter is looking ahead and expanding the use of smart contracts in the legal field, using digital assets as contract objects. By combining digital assets of different standards in one ecosystem, it is possible to exchange them with each other instantly and almost free of charge, having received this legal contract for the transaction with a record in the data register with a copy of the digital form of the contract.
Smartplace is a trading order platform in the Barter ecosystem. An order that includes one or more items of uniform quality, items, and sets is called a lot. The lot can also include heterogeneous assets, for example, it is possible to place a car and real estate in one lot. Each order and lot is assigned a sequence number (ID) and a price is set. The value of the lot displays the total value of the assets included in it.
As depicted above and as indicated on the official website of Barter Smartplace, Barter Smartplace is a confidential digital asset exchange platform based on a legal smart contract. In addition, but as the main element of the platform ecosystem, a service of tokenization of a real valuable asset is provided, which can then be placed on the smartplace. Digital assets lowered the barrier of trust, increase the privacy of the parties to the transaction and the speed of its execution. Legal smart contract with electronic signature allows achieving high reliability and convenience of the service.
Smart contracts in the financial sector have shown their advantage in comparison with traditional methods of value transfer, but so far have not been widely used in the legal industry.
Barter is looking ahead and expanding the use of smart contracts in the legal field, using digital assets as contract objects. By combining digital assets of different standards in one ecosystem, it is possible to exchange them with each other instantly and almost free of charge, having received this legal contract for the transaction with a record in the data register with a copy of the digital form of the contract.
Smartplace is a trading order platform in the Barter ecosystem. An order that includes one or more items of uniform quality, items, and sets is called a lot. The lot can also include heterogeneous assets, for example, it is possible to place a car and real estate in one lot. Each order and lot is assigned a sequence number (ID) and a price is set. The value of the lot displays the total value of the assets included in it.
PLASMA PROTOCOL
by Ethereum — foundation of Barter platform design. Provides lightning transaction speed.
0X EXTENSIONS
will provide support for a new type of trading — barter trades. Facilitates interaction between tokens standard ERC-721 and ERC-20.
ENIGMA PROTOCOL
ensures confidentiality of personal data of parties to transaction and other important computation.
Distribution of Investments
Attracted funding from stakeholders in the development of the Barter platform will be aimed at the development of the blockchain platform, smartplace applications and maintaining their performance. Startups in the crypto-currency industry face legal problems, so Barter has its own legal consultants to solve such issues and additionally seeks professional help from other international lawyers.
Today, any project and product at the first stage of launch needs a strong marketing strategy to become recognizable in the market and attract potential users. Barter:
smartplace is positioned as an international project. It is planned that the marketing and promotion of the product will initially be aimed at expanding the community and increasing the potential user base of the application.
TOKENOMICS
All participants of primary financing before IEO will be included in white list of participation at IEO, it guarantees 100% place in market with high demand.
Participants pre-sale have right to sell tokens on IEO immediately in fact listing. Participants ICO have right to sell 50% tokens on IEO immediately in fact listing.
Token Details
Token type: ERC-20
Tiker: BRTR
Blockchain consensus: D-PoS
Token price
Pre-sale: $0,01
ICO: $0,06
IEO: $0,3
Token Distribution
Team: 10%
IEO: 10%
Reserve: 35%
Staking: 32,5%
Pre-sale: 2%
Partnership: 5%
ICO: 5%
Bounty: 0,5%
STRATEGY
Q4/2018
Project idea, market Analytics, conception descriptiont of the OTC-platform and product interface.
Q1/2019
A minimum team has been formed to prepare for the seed stage of investment, presentation, writing primary documentation about the product, development of marketing strategy.
Q2/2019
Attracting investments, expanding team, developing a minimum viable product (MVP), updating and supplementing product documentation in several languages (White Paper, Token Economy, One Page, Presentation), minimal marketing on target sites.
Q3/2019
Launch of MVP, marketing, receiving feedback from potential users on the product, launch of crowdsale smart-contract, code audit, investor’s account on the project website, preparation for the initial exchange offer (IEO).
Q4/2019
Develop a core product, increased marketing, Initial Exchange Offering of token Barter platform at top-cryptocurrency exchanges to attract additional investments ($3 million).
Q1/2020
Launch of the beta version of Barter: Smartplace and blockchain test-net token platform (payment system), new partners to expand the ecosystem, integration with banking institutions (API) and registers of owners of real and movable assets.
Q2/2020
over-the-counter and barter transactions on Barter: Smartplace by strategic partners and banks, launch of the interbank Lightning payment system (beta), preparation for the launch of main-net platform, expansion of product line, integration of the platform into interbank operations at international level.
Be a part of this incredible project. Download the whitepaper for the full scoop.
For more information, please visit:
Website: http://barter.company/
Whitepaper: http://barter.company/pdf/BARTER_WP1.pdf
Telegram: https://t.me/barterteam
Medium: https://medium.com/bartersmartplace
Twitter: https://twitter.com/barterteam
Author : zorzia
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