EMXICO EMX is a crypto derivatives exchange to offer both traditional futures and crypto futures. The Best EMX coin. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is EMX
EMX proposes to offer a trading platform aimed at revolutionizing globalderivatives markets. EMX is developing the EMX Exchange (EMX), based on
this platform, which will offer futures contracts which give price exposure to
underlying assets as varied as crude oil, gold, stock indices, or bitcoin. Our
team consists of experienced quantitative traders, exchange officers, market
makers, FCM employees, and engineers.
We will attempt to dramatically lower the cost of trading and, through the use
of a frequent batch auction model, help ensure an equitable market for our
participants.
Liquidity provision is paramount for any new exchange. We have a detailed
plan for building liquidity, notably by creating an internal and external market
making program to source liquidity from exchanges world wide.
The platform will feature a mix of global futures contracts including contracts
similar to those traded on established traditional and crypto derivatives
exchanges.
EMX is a platform aimed at reinventing the world’s existing derivatives markets. We aim to
revolutionize the entire trading experience by making it less expensive, easier, and fairer.
We intend to dramatically lower the cost of trading by leveraging cryptocurrency and efficient
design. Our platform will transform the traditional roles of the broker, the exchange, and the
clearing house into a more streamlined process. Building a standardized and modern futures
derivatives market should reduce the cost of managing risk and make the marking, clearing,
and settlement processes more efficient.
Our market design also improves the price discovery process and minimizes market impact
costs. By utilizing frequent batch call auctions in lieu of a central limit order book, we deemphasize the importance of speed and reassert competition based on price. The recent rise
of alternative liquidity pools in equities has shown that there is significant demand for fresh
ideas in execution and the sourcing of liquidity; we aim to translate many of these innovations
to the derivatives arena.
Finally, a non-monopolized derivatives market will give unencumbered and democratized access
to a wide variety of futures products. Traders will no longer need to access multiple exchanges
for their commodity derivatives trading, as EMX would list a very broad range of contracts on
a single platform. Price discrimination by other exchanges amongst different types of market
participants would not exist on EMX as traders willall be subject to the same fee structures and
have access to the same data feeds. The efficiencies gained by a newly-architected platform
could also allow for the creation and listing of new futures products, spurring innovation in the
industry and giving market participants new tools for managing risk.
DetailsPre-sales: Sep 17, 2018 - Jan 30, 2019Public sales: Aug 07, 2019 - Aug 27, 2019 Token supply: 530,000,000 EMX Total tokens for sale: 106,000,000 EMX Soft cap: 5,000,000 USD Hard cap: 8,000,000 USD LegalBlockchain Platform: EthereumCountry limitations: USA Registration country: Poland Registration year: 2017 | Token infoTicker: EMXType: Security Token standard: ERC20 Token price in USD: 1 EMX = 0.15 USD Accepted currencies: ETH, BTC, Fiat Token distribution: 20% - 2018 Token Sale 20% - 2020 Token Sale for Market Making 30% - Market Making 10% - Company 10% - Partners, Advisors & Marketing 9% - Founders 1% - Bounty Campaign Funds allocation: 45% - Development 15% - Operations 15% - Legal 15% - Sales & Growth 10% - Market Making |
EMX Roadmap
1
2018
2
Q1-Q2 2019
3
Q3-Q4 2019
4
BEYOND 2019
Project team
Jim Bai
Cofounder
Craig Austin
Cofounder
JIM FALVEY
Chief Regulatory Officer & General Counsel
SOHYUNG KANG
VP, Growth
Eric Rogstad
Blockchain Development
Pavel Petukhov
Market Data Development
MICHAEL SIEDLECKI
Senior Engineer
Advisors
Simon Sejoon Kim
Advisor
JERALD DAVID
Advisor
KEVIN GUO
Advisor
Howard Chao
Advisor
Stephen Klein
Advisor
T-KIANG "TK" TAN
Advisor