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EMX

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ICO

EMX is a crypto derivatives exchange to offer both traditional futures and crypto futures. The Best EMX coin.

EMX White Paper WhitepaperEMX Onepager Onepager

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User Rating
High
3.5/5 2 votes
Ticker
EMX
Type
Security
Token standard
ERC20
Registration countryPoland
Registration year2017

What is EMX

EMX proposes to offer a trading platform aimed at revolutionizing global
derivatives 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.

EMX Roadmap

1
2018
  • World class team assembled
  • $5M raised in seed round
  • Private Beta launched with highly scalable matching engine
  • Internal liquidity provisions team went online
  • 2
    Q1-Q2 2019
  • Exchange soft launch in key jurisdictions outside the United States
  • Affiliate Program
  • 1000 participant Trading Competition
  • External Market Making Program launch
  • Community of 25K
  • BTC, Gold, Equity Index Perpetual contracts launch
  • 3
    Q3-Q4 2019
  • Spot exchange
  • Expand exchange functionality with new features
  • Add new commodity, altcoin, and index contracts to the exchange
  • New geo expansion (Brazil, EU, South Korea, China, Russia)
  • EMX Token launch
  • Insurance Fund staking
  • 4
    BEYOND 2019
  • CFTC application
  • Mobile app launch
  • Add additional contracts to the exchange
  • Launch in other jurisdictions
  • Options
  • White Label Technology
  • Research Program launch
  • Spot trading pairs
  • Token Sale Dates

    Presale Period

    Start date: Sep 17, 2018
    End date: Jan 30, 2019

    ICO

    Start date: Aug 07, 2019
    End date: Aug 27, 2019

    Token Allocation

    Total Token Supply 530,000,000 EMX
    Total Tokens for Sale 106,000,000 EMX

    Funding Details

    Soft Cap 5,000,000 USD
    Hard Cap 8,000,000 USD

    Restrictions

    Residents of the following countries are prohibited from participating
    USA

    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

    Token Price and Payment Options

    Token price USD 1 EMX = 0.15 USD
    Accepted Currencies ETH, BTC, Fiat

    Project team

    Jim Bai
    Jim Bai
    Cofounder
    Jim Bai linkedin-team
    Craig Austin
    Craig Austin
    Cofounder
    Craig Austin linkedin-team
    JIM FALVEY
    JIM FALVEY
    Chief Regulatory Officer & General Counsel
    JIM FALVEY linkedin-team
    SOHYUNG KANG
    SOHYUNG KANG
    VP, Growth
    SOHYUNG KANG linkedin-team
    Eric Rogstad
    Eric Rogstad
    Blockchain Development
    Eric Rogstad linkedin-team
    Pavel Petukhov
    Pavel Petukhov
    Market Data Development
    Pavel Petukhov linkedin-team
    MICHAEL SIEDLECKI
    MICHAEL SIEDLECKI
    Senior Engineer
    MICHAEL SIEDLECKI linkedin-team

    Advisors

    Simon Sejoon Kim
    Simon Sejoon Kim
    Advisor
    Simon Sejoon Kim linkedin-team
    JERALD DAVID
    JERALD DAVID
    Advisor
    JERALD DAVID linkedin-team
    KEVIN GUO
    KEVIN GUO
    Advisor
    KEVIN GUO linkedin-team
    Howard Chao
    Howard Chao
    Advisor
    Howard Chao linkedin-team
    Stephen Klein
    Stephen Klein
    Advisor
    Stephen Klein linkedin-team
    T-KIANG
    T-KIANG "TK" TAN
    Advisor
    T-KIANG

    Social media

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