1st TRADE

1st TRADE is a site that supports innovative crypto-assets

On this occasion, I will provide interesting information, especially in the world of cryptocurrency. The ICO project this time is related to the world of trading 1st TRADE - a safe and compliant exchange supported by blockchain technology. Before the discussion, you should read reviews that help you get information about your vision and mission. Hopefully this information will certainly give you a little insight and interest in participating in the ICO 1 TRADE project.
about the project
1st TRADE consists of two common and independent words - First and Trade, which are easy to remember and use. First Trade symbolizes the preferred trading platform. The 1st Trading Team hopes that 1st trading will be the first choice for stock market users who offer blockchain-based trading and derivative services in the near future.
1st TRADE is an innovative crypto asset sharing site developed using independent intellectual property rights. Behind this platform is an experienced, strong and diligent development team, with years of experience in the blockchain industry, banking system, etc., Using a variety of innovative development technologies. With this technology, the frequency of synchronization with a server system can reach 50,000 / TPS, while it can increase with a maximum increase. This platform has used such a system for 1.5 years and during this period there were no problems in the internal operating system, in the risk management system, in finance, etc.
It is well known that many exchanges face problems like security. That is why 1st TRADE has developed an independent risk management system that allows wallets to react to transactions and delay the process in the least amount of fraud.
1st Trade will offer derivative services such as quantification of high-frequency institutional trading, business staking node, VC, PE, hedging insurance and blockchain insurance based on the Wallet Blockchain system and the multi-signature architecture of the Blockchain Asset Escrow Architecture.
The white label trading system for embedded blockchain assets has been precisely configured. 1st Trade will also provide users with an institutional account according to the user's rating system so that institutional accounts can be created independently of the trading system and exchange depth information in real time.

1st TRADE (FRT)
Reduction function of the Trade Commission: Registered exchange users can pay trading fees with FRT tokens.
Trade rebates: When trading on Exchange 1, FRT tokens are discounted for traders.
Reference Program: Invite friends, relatives, and acquaintances to register at the First Trade Exchange and receive prizes. If your invitation is a confirmation, you will receive more gifts and this too.
Trust insurance: 1st Trade has its own trust insurance system, where users can buy and insure crypto assets, ensuring high security of crypto assets.
Credit system: First trade uses blockchain technology and uses a credit system. This system allows registered users to receive credit honestly and transparently.
Steady Coins: First trade uses sturdy coins on the platform.
Stacking System: Stacking is a convenient and easy way to mine on the platform itself, where you can save more money.
Embedded risk control and security systems
Responding to frequent exchange security issues, the first trading team jointly developed an independent risk control system with a well-known third party, and embedded it in existing business modules, allowing the platform to react quickly to abnormal transactions and wallets. system anomaly. In addition, all codes have been reviewed by a professional team, and Trade 1 gets a security report issued by a senior security company. The internal control system is strengthened by security optimization, a back-end assessment authority, and an independent private CA certificate to reduce internal damage.
The Blockchain derivative financial services architecture
1st Trade will offer derivative services such as institutional high frequency trade quantification, Staking node business, VC, PE, hedging insurance and blockchain insurance based on the blockchain wallet system and multi-signature architecture of the blockchain asset escrow architecture.
The embedded white blockchain asset label trading system is reasonably configured. 1st Trade will also offer institutional accounts to users according to the user's rating system, so that institutional accounts can be created independently of the trading system, and exchange depth information can be shared in real time.
Community incentives are the core function of tokens
The token platform will be designed with community incentives as a core function. In other words, First Trading will encourage community members based on a reasonable level of contribution to inspire community members to invite new members and to improve the function of online announcements; promote the development of decentralized society and the autonomy of foreign communities through the function of vertices; activate community members effectively through token prizes and various activities. The 1st Trading Team will complete multi-level reward and penalty mechanisms such as onchain cross-chain betting services, onchain incentive mechanisms and future trade contribution incentives.
FRT DPOS Ecosystem Node
Total mining: 170,000,000
Duration: about 3 years
Percentage: 34%
After starting mining, the COSMOS node can receive a fee of 155,000 FRT per day.
The sooner you become or delegate a COSMOS node, the more benefits you will get.
The new main network mechanism will be implemented after mining ends.
Static mechanism:
There are only 7 nodes. At the initial stage, ownership of 2 million FRT can be
a validation node. When the delegation reaches 5 million, the node starts to receive a
gift for making a block. A total of 155,000 FRTs are generated per day if the delegation
of all 7 nodes is delegated. Prizes will be accepted manually.

Token TRADE 1 (FRT):

FRT - short for First Trade Token. This token is the ERC20 standard and is the domestic currency of the First Currency Exchange. FRT supports project work and encourages trade with many crypto assets. Therefore, FRT is an important part of the entire TRADE ecosystem. FRT can be used in various exchanges and other wallets, for example, myetherwallet, metamask and so on.
  • The total number of tokens is - 500 million.
  • The price of the token will be - 0.06 USDT.

Token Distribution:

  • 20% - project support, various operations and team incentives.
  • 10% - Marketing, PR, Corporate gifts.
  • 15% - Legal side.
  • 21% - IEO sales.
  • 34% - DPoS mining.

Roadmap:

2019 Q4
  • Betting function with Static Prizes
  • Reduction in Trade Costs
  • FRT Token Release
2020 Q1
  • When the Chain Staking function will be available, POS about chain governance will start
2020 Q2
  • Formation of the First Trading Fund
  • The POC consensus will be available in the First Trading
  • Fund a website to get community members
  • POC gives awards through their contributions.
  • POC Consensus Incentive Publication
2020 Q4
  • Self-management Inflation and deflation in the chain
  • Complete POC + POS Consensus
  • Traders can be bought through cross chains
2021 Q2
  • Approval system on FRT.
  • Sistem Penerbitan Stablecoin On-Chain
2022 Q3
  • On-chain mortgage loans are available
  • Sistem Pinjaman Leverage On-Chain
  • As a payment gateway implementation at
2023 Q2
  • crypto and fiat transitions
  • Fiat & Crypto Trusted Payment Gateway
2023 Q4
  • Give a universal API to the FRT chain to allow the third
  • The Audit and Clearing service providers can provide data to all members of the community
  • Kliring & Audit On-chain

Conclusion:

1st TRADE is a site that supports innovative crypto-assets developed using independent intellectual property rights. Behind this platform is an experienced, strong and hard working development team, who has successful years of experience in the blockchain industry, banking system and so on,

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