Introductions
The growth in the transaction value of crypto and token currencies is followed by the growth in the number of cryptocurrency traders worldwide. even the increasing number of cryptocurrency trading providers does not fully accommodate all the needs of crypto traders in the world. The growth of trade value which reached $ 240 billion is a positive form of encouragement to the blockchain industry and cryptocurrency trading.
many cryptocurrency trading centers only focus on exchanges without providing protection for the value of both parties between traders and token owners. the absence of global regulations governing crypto trading on value limits and correction of values during the trading period makes currencies, especially tokens that have just been on the floor in the cryptocurrency trading market, can have an increase beyond the limit, it is very profitable but also the value of tokens can plummet and go down without under control.
THE PURPOSES WHY CRYPTOCURRENCY ARE MADE?
The major problem with conventional currency is about trust that is indispensable to make it work. The central bank is given a trust to not lower the currency, however, in fact, the history of conventional currency is associated with breaches of that trust. Banks must be trusted to hold the customer’s money and transfer it electronically, yet they lend the money out in high credit charges with barely fraction in reserve. We should put our trust in them with our privacy.
We give trust to them not to let any hacker drain our account. Their high costs of overhead make the micropayments impossible. In the last decade, multi-user time-sharing computer systems created a similar problem. Before a strong encryption system gets started, users had to rely on password protection to save their data, fully trust on the system administrator to keep their information private.
Sometimes, the administrator can override the customer’s privacy based on other considerations and it against the principles of privacy, or on the orders of his superior. Today strong encryption becomes accessible and available for public and trust is no longer required. Data can be secured in which physically anyone cannot access, for any reasons It is time we have the same thing for our money. With e-currency, based on the cryptography proofs, without having to trust to the third-party intermediary, your money can be really safe and the transaction becomes easy.
PROBLEMS
The problem that may appear in Cryptocurrency such as Bitcoin is where the comparison between demand and supply are not directly proportional due to the number as well as the mining process is getting harder making Bitcoin considered being as a Digital Asset only which equated with an expensive gold or diamond rather than as a transaction tool or payment instrument.
There are many Cryptocurrency developers that have appeared to replace the Bitcoin position as a means of payment. They issue and convince users/public that their product is able to shift Bitcoin as a viable transaction instrument of this Blockchain industry. For example; Ethereum, Dogecoin, Litecoin, and others. The whole coins and tokens build their trust foundations as a means of a viable payment. But unfortunately, there are also many developers of tokens that are irresponsible where they use this opportunity to raise funds and is vulnerable to scam.
This has been a serious problem. Some developers of token release and persuade investors to purchase their tokens by promising on plans and successful propaganda of their token in the future. But in fact, 97 % of the whole project released in 2017-2019 through ICO (Initial Coin Offering) failed and were scams leading the investors as victims. This situation makes investors retired and left the Blockchain industry. This incident is worsened by the indication of many tokens developers have traded their coin/token in Crypto Exchanges in which 70 % left their token and deliberately be expired
SOLUTIONS
The problem arising today is a result of a Crisis of Confidence towards the Blockchain industry as cited from coinmarketcap.com in December 2017 where Bitcoin trading within 24 hours reached 19.218.500.000 but now it is only in 13.696.517.811. It drastically declines which followed by the decreasing number of crypto users. this is proven by many market exchanges that are bankrupt such as decentre and even the newcomer coin exchange that announced themselves to close their platform in December 2019. what investors need today is a trust upon trading protection which does not only apply on tokens guarantee for trading, but they should have their asset protection ( coin and or token) to be safe and secure as well.
1.Introducing Codeo token (CODEO)
Codeo token is a payment instrument that uses ERC 20 technology. This transaction instrument is supported by Nodes Network with Ethereum Technology-based which has a mutual supporting and completing ecosystem.
The advantage of purchasing Codeo Token is you will have a guarantee on a basic price as an amount of $1 per 1 Token you buy from Five Angels Investment Holding Pte. Ltd Company. It is a company based in Singapore with registered number UEN201835723H. This company will guarantee and hold your conventional money based on the number of tokens circulating on the Company’s bank account. You will have a buyback guarantee as an amount of $1 which means that the price of Codeo Token will not decrease under $1. If this case happens, as a registered and trusted company, Five Angels Investment Holding Pte. Ltd is about to re-buy your Token with $1.
Besides that, having Codeo you will have an additional benefit of a 2% interest rate that you can receive on June 7 every year. The value of 2% from $1 Value paid will automatically be added to your Codeo Wallet based on Equivalent Market Value
2.Why Codeo Token (CODEO)
Codeo Token (CODEO) is built using a very secure and decentralized, peer-to-peer technology. Codeo Token (CODEO) is a transaction instrument that integrally as a part of the ecosystem which becomes the products as well as significantly contributes to supporting all of Codeo Token (CODEO) activities. Codeo Token (CODEO) is similar to the idea of token that is; having an integrated concept, such as Binance of which BNB (Binance Coin) as a transaction instrument will support all activities within Binance. Unlike Codeo Token where all tokens will be integrated with all main transactions and circulated in the ecosystem. Therefore Codeo Token will be taken into account as an internal currency as well as a utility token. CODEO can be seen and traded on major Market Exchanges around the globe such as BINANCE, IDAX, HUOBI, CATEX, and BITFINEX.
ARCHIDAX EXCHANGES
As crypto and Digital Asset Exchanges, Archidax exists to answer all problems and challenges faced by investors or traders of blockchain from exchanging coins /token to fund disbursement to the bank account. Archidax provides various access, facility, speed, security as well as convenience for traders or investors to transact and trade.
A. Scalability problem and transaction speed
At present, there are many crypto exchanges built by teams that are unqualified and inexperienced in trading and financial business. Practically, in the process of operating and running crypto exchanges, they tend to create a platform or system using a simple approach. That a system using a simple approach or concept might work within a short period of time, however as the users and the transaction continue to increase this will give an impact on the increase of system traffic as well. This will hamper the development of Whitepaper 07 of crypto exchanges that may develop into a major platform which accessed around The globe. It looks simple though, yet this is very important to underpin the long-term success of crypto exchange itself. Archidax is established by experts who are qualified in the field of banking and finance. Archidax has come into existence and contributed as an expert that creates a world-class crypto exchange industry
B. Security and System Defense
It has been a worrying issue for traders and investors that hackers always haunt crypto exchange activity. Therefore it becomes the main focus of Archidax in providing security and convenience for traders or investors to trade or transact at Archidax. Our system is built using a top standard security system and has been audited and tested by experts.
C. Liquidity
Most global trade is not so in line with the current growth of crypto exchanges therefore the conventional currency trades with Cryptocurrency comparison cannot be yet traded and displayed simultaneously. Archidax comes with a feature that enables you to transact various exchanges of world standard conventional currencies such as USD, GBP, JPY, CNY, SGD, EURO, AUD, IDR with Cryptocurrencies such as CODEO, BTC, ETH, and LTC. here you can do activities from withdrawing to completing your exchanges up to your local bank account
D. Customer Service
These days, customer service and satisfaction, as well as customer complaint management, become problems that traders and investors of Crypto Exchanges are facing. For example the minimum handling, slow response and the terrible customers’ service especially on disbursement or customer’s deposit. In developing its feature, Archidax will adopt a technology called AI ( Artificial Intelligence) that maximizes the customer service function. It then helps to answer all the problems and complaints as well as needs required by Traders and investors.
Archidax Features and services
Token / Coin Listing
At Archidax, we open the opportunity to all developers of coin/token who would like to join and trade their token by terms they should have community and is in listing minimum at 1 exchange and affiliated by coinmarketcap.com or coinpaprika.com. While the cost charged by Archidax started from 0.5 BTC up to 1.5 BTC and for developers of the token listing is required to use Codeo Token (CODEO) in order to list their token /coin
IEO ( Initial Exchanges Offering)
Similar to the initial coin offering, IEO has a concept of selling tokens where investors could buy the tokens from token's developers that sold through the IEO Program before they trade their tokens at market exchanges. At archidax, besides investors participate in a trading or buying tokens being sold, the investors or traders can also exchange their tokens/ coins into Codeo Token (CODEO).
Voting
Developers of the token can do a listing at Archidax free of charge through a voting process held by the Archidax selection Team. They will select 1 viable token/coin to be on listing at Archidax by the qualification of the highest number of voting and minimum voting is 2500 votes. Every investor or trader may participate in the voting of token/coin to be listed or traded at Archidax and is charged 0.5 CODEO per vote by terms one account can only vote once in a month.
Digital Stocks ( D-Stocks)
At Archidax exchanges, you could buy a digital stock of companies that publish their digital stock and you can access the data completely both the financial report and company performances in real-time at the Archidax platform. The digital stocks can not be transferred where investors or traders can buy or sell at Archidax. But they can still transact using Codeo Token (CODEO)
Token Information
Token Name - CODEO Token
The symbol is CODEO
Price of the token - $ 1
Standard - ERC20
The total number of tokens is 30 billion
Initial Token Offer -3 Billion
TOKEN DISTRIBUTIONS
ARCHIDAX IEO: 3 BILLION CODEO
ARCHIDAX DIRECT INVEST: 6 BILLION CODEO
CODEO FOR PUBLIC IEO: 12 BILLION CODEO
CODEO FOR GROUP: 6 BILLION CODEO
PUBLIC TRADE: 3 BILLION CODEO
TOTAL: 30 BILLION CODEO
ROADMAP
February -April 2019Idea andCreations
April - August 2019Archidax Exchanges & Tradingdevelopment
October 2019Codeo & ProtocolCreations
08 Nov -8 Dec 2019and IEO in CATEX and SATOEXCHANGELive Now
November - December 2019IEO Listingon Binance
December 2019Mobile apps foriOS & Android
OUR TEAM & ADVISOR
PETER BERGSTROMFounder BitBlock Ventures. Blockchain, Tokenomics, FundraisingADVISOR
DANIEL POPAPrincipal CEO | Visionary, and Founder of Anchor StablecoinADVISOR
WIN HARRYBlockchain Expert and Founder Proyekbagus.comCHIEF TECH
AVINASH KAUSHIKDigital Marketing EvangelistMARKETING
Conclusions
CODEO is designed to meet a series of needs in the fast-growing crypto world by addressing a number of flaws in the efficiency and usability of current crypto exchanges. The platform’s flagship liquidity aggregator engine is fundamental to this aim. The engine analyzes prices on a large number of crypto exchanges in order to fulfill customer orders, which can be split into several trades across different markets. This functionality is accessed from a single web or mobile portal with a convenient interface and powerful tools for more advanced traders while allowing a single, unified fee for commission and withdrawals.
Thus CODEO combines the best features of an exchange, brokerage, and instant conversion service; and means that users only need to register with one website to benefit from potentially dozens of markets. Support for both investing in popular IEO and launching custom IEO will be included, with users engaging with these opportunities directly from their accounts and CODEO providing the first exchange for the new tokens.
All economic activity on CODEO directly or indirectly uses the CODEO token. Trading fees and charges for other services like margin trading or advertising can be paid in CODEO for a 20% discount, or if paid in other currencies then are converted immediately to CODEO. CODEO will also be used to vote on platform upgrades and other features. CODEO is the first initiative to deploy such an innovative set of technologies within the user interface of a traditional crypto exchange, dramatically lowering the barrier to accessing the crypto markets, reducing costs, and streamlining the user experience far beyond anything currently available.
Information
Website: http://www.codeotoken.com
Twitter: https://twitter.com/codeotoken
Facebook: https://www.facebook.com/codeotoken/
Link Explorer: https://etherscan.io/token/0x46b4a7d906F1A943b7744Df23625E63726d79035
Telegram: https://t.me/joinchat/MHlV6hcPQhGqNTQN6k4Wug
Email: support @ codeotoken.com / busdev @ codeotoken.com
AUTHOR
Bitcointalk Username: gita007
Telegram Username: @ gita
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2680243
Wallet address (eth): 0x25d69970B011311D6E4D229513d3df9F8DbF833e
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