Non-Zero Platform - Market Platform
The financial market-making industry is one of the largest in the world and the foreign exchange market is the deepest and most liquid market in the world. Internet—based brokers opened the market to retail investors, resulting in a boom in retail FX trading over the last two decades. Through the unique characteristics of the public blockchain, Non-Zero extends the industry’s revolution into the internet of value. Beginning with the retail Foreign Exchange and CFD brokerage industry, Non-Zero is creating an ecosystem in which market participants transform a traditionally zero-sum game into a Non-Zero win-win dynamic. The retail FX and CFD brokerage industry generates revenues from...
Token sale ended
- Token: NZO
- Price: 1 NZO = 0.10 USD
- PreICO start: 1 Sep 2018
- PreICO end: 1 Jan 2019
- ICO start: 1 Feb 2019
- ICO end: 31 Mar 2019
- Country: Cayman Islands
The financial market-making industry is one of the largest in the world and the foreign exchange market is the deepest and most liquid market in the world. Internet—based brokers opened the market to retail investors, resulting in a boom in retail FX trading over the last two decades.
Through the unique characteristics of the public blockchain, Non-Zero extends the industry’s revolution into the internet of value.
Beginning with the retail Foreign Exchange and CFD brokerage industry, Non-Zero is creating an ecosystem in which market participants transform a traditionally zero-sum game into a Non-Zero win-win dynamic.
The retail FX and CFD brokerage industry generates revenues from spreads and commissions as well as warehousing. The warehousing component of revenues is necessarily a zero-sum outcome in favour of either the broker or the client.
The Non-Zero NZO token platform built on the public Ethereum blockchain harnesses the protocol’s transparency, immutability, fractional distribution and low transaction costs to allow brokers to redistribute warehousing proﬁts to clients from which those profits were won, mitigating the industry’s perceived conflict of interest problem.
Clients are then able to keep those tokens to access and use the Non-Zero network and be eligible for offers and beneﬁts, or exchange them for any other token on a crypto-qualiﬁed exchange, subject to legal and regulatory compliance.
Non-Zero’s open-source platform interfaces with advanced risk management software, such as Centroid Solutions’, which identifies client and trade-level statistics for brokers, to generate a distribution ledger for brokers, based on broker-set parameters.
With the NZO token supply fixed, brokers can use warehousing proﬁts to purchase tokens in the market and distribute them to clients in very small fractions. This allows for the distribution of value in amounts that would be impossible to efﬁciently process in the traditional ﬁat system.
The utility and portability of Non-Zero tokens throughout the ecosystem, in addition to the visibility provided by the public blockchain network, bring previously unavailable transparency and accountability to the retail FX and CFD brokerage industry.
The Non-Zero network roadmap includes the addition of further financial and industry participants over time, creating the world’s foremost ﬁnancial market-making token distribution platform.
The retail FX and CFD industry makes annual revenues of $9bn, of which $3bn in warehousing net revenues which are available for redistribution by means of NZO tokens tokens through the Non-
The industry spends over $2bn annually in customer acquisition and retention marketing, competing for clients. Retail clients tend to lose money around 80% of the time 111 when trading on retail FX and CFD brokerage platforms, resulting in short client life-cycles and high industry acquisition costs.
Non-Zero adopting brokers stand to increase their revenues by multiplying their client customer base, and reduce their marketing costs by lengthening their existing clients’ lifecycle, generating higher absolute and relative proﬁtability from scale, efﬁciency and client retention.
Non-Zero is a true revolution in the way the market-making industry interacts with its clients, creating a win-win situation where previously it was a zero-sum win-lose.
Non-Zero is targeting 1% market share of the FX and CFD industry’s warehousing profits in the ﬁrst year of production.
Amana Capital a leading FX and CFD broker with operations in the UK, Continental Europe, Asia and the Middle East and an affiliate of Non—Zero, is expected to be the ﬁrst adopting broker and account for between 25% and 30% of Non-Zero’s target market share.
Non-Zero is adopting a proactive broker adoption strategy and expects to achieve its ﬁrst market share target milestone in a relatively short time-frame as a central scenario. The Non-Zero software platform works with advanced risk management solutions, such as the Centroid’s, wich is currently installed at over 30 brokers.
Platform usage is expected to grow with adoption as brokers and other market participants join the network and generate natural market demand for tokens. Furthermore, the commercial value of Non-Zero NZO token holders with user-base growth.
Non-Zero has invested signiﬁcantly in engineering, development and build, with industry-leading blockchain developers, cryptographers and security auditors. The token is ready for usage and the token offering has no softcap. The purpose of the token offering is to jump-start the Non-Zero NZO platform ecosystem and drive industry and client adoption to build the foremost industry network.
- June 2018Non-Zero NZO Token Smart Contract
- July 2018Broker P&L filtering application Exchange Agreement 1
- August 2018Exchange Agreement 2
- September 2018Broker reward eligibility and allocation application Exchange Agreement 3
- October 2018Adopting broker agreement 1
- November 2018iOS and Android client application
- December 2018Broker reward token distribution Dapp Commercial offer console
- 2019Equity/Bond Institutional Dapp Asset Management Dapp Blockchain Protocol other than Ethereum
- Platform: Ethereum
- Price: 1 NZO = 0.10 USD
- Accepting: ETH
- Token distribution: 60% - Crowdsale 14% - Founders 8% - Service Providers 5% - Network Growth 5% - Partnerships and Advisors 4% - M&A 4% - Reserve
- Hard cap: 540,000,000 NZO
No proofs of legal entity was found.
Prehistory of project
No prehistory of project was found.
Product or its MVP
No working product or its MVP are presented
Ziad AbouJeb, Karim Farra – Co-Founders of http://www.180digitalassets.com/
Hazem Farra – Board Member of http://www.180digitalassets.com/
Pavlo Pelekh – Engineering Team at https://www.graft.network/
Khaled Ouafi – Principal Cryptographer at http://www.idquantique.com/
Elisha John – Marketing Director at http://blockconnectors.io/
Chief Marketing Officer at https://token.toshindex.com/
Bounty Manager at https://www.agentnotneeded.com/
Nathalie Kazzi – CEO at http://www.bluetreeadvisors.ch/
No escrow information was found.