Ternion

Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services. The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. In the post Token Sale stage the exchange will become hybrid. It will facilitate a decentralized exchange with a centralized one.

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Updated: Dec 25, 2018

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Ticker

TRN

Type

Cryptocurrency

Token standard

ERC20

FoundedEstonia

Registration countryEstonia

Registration year2018

Office addressRoosikrantsi tn 2-K506, 10119, Tallinn linn, Harju maakond, Republic of Estonia

What is Ternion

The Ternion Exchange holds a European Crypto trading license №FVR000209 Ternion provides full-time support, including individual managers to clients who need them Ternion shall follow and state clear unified European guidelines of onboarding for a fast verification Annual audits are conducted by an independent party to uphold transparency Ternion shall have FIX API integration. We want to bridge Integration and Rest API integration The Ternion Payment Processor brings an individual solution to the market due to the Ternion Exchange The Ternion Liquidity Fund sustains the business model and oversees accomplishment of goals set during the Token Sale stage.

Executive Summary

Ternion is a licensed cryptocurrency exchange based in Estonia offering first class fiat-to-crypto and crypto-to-crypto exchange and payment processing solutions. Holding a cryptocurrency license that will provide a platform for institutions to interact with the Blockchain, Ternion OÜ will launch a fully functioning exchange platform during 2018. The Ternion ecosystem is made up of three pillars: Ternion Exchange, Ternion Payments and Ternion Liquidity Fund. Ternion blends the security of traditional financial platforms within the framework of a cryptocurrency exchange. Ternion offers contributors seamless transition between the old world of fiat currencies and the new world of Cryptocurrencies. As liquidity on the centralized exchange increases, Ternion Exchange will incorporate a decentralized exchange (DEX) platform.

The Ternion Ecosystem provides a real solution for all legal financial institutions that are understandably nervous to utilize the growing cryptocurrency exchanges, by operating under a license [FVR000209]. This license will allow institutions to safely operate with cryptocurrencies. The Ternion Exchange provides a simple, secure and diverse offering with full customer support. The payment processor will enable Ternion’s customers and merchant partners to seamlessly integrate cryptocurrencies into their day-today lives.

Problems with Crypto Exchanges Today

The path to mainstream adoption of crypto remains blocked by a lack of financial infrastructure solutions. Exchanges play a fundamental role in this infrastructure, representing the main gateway in and out of the cryptocurrency investment space.

In order to overcome these issues, exchanges should be perceived as a safe and trustworthy platform that works in the interest of their customers. The main problems that digital exchanges are currently facing are:

The Exchange

The Exchange serves as the first of two profit-generating subsidiaries that support the Ternion Liquidity Fund.

The Ternion Exchange holds a European crypto trading license № FVR000209. The license will position us as a reliable market player than can be safely engaged by institutional capital. Being regulated will not only reduce counterparty risk, but it will also help expand the cryptocurrency market as a whole by leading the way towards proper accreditation.Rudolfs Medvedevs, CEO

The core Ternion platform (with minimum viable product) is currently live in closed beta phase since April 2018. After the public launch of the platform scheduled for Q3’18, we anticipate rapid international expansion. The Ternion Exchange will be launched for public trading in September. As we progress through the final stages of the development cycle and beyond, we will continue to value user feedback and the user experience.

Unlike a number of competitors in the space, the Ternion exchange will be:

The Ternion Token Economics

Ternion’s ecosystem will be supported by the TRN Utility Token. The TRN Token is an ERC20 compliant token to be issued on the Ethereum blockchain. The TRN token will be the core payment mechanism for all goods and services exchanged through the Ternion Ecosystem, and will give a competitive advantage to those who use it in the Ternion Ecosystem.

Overview of the Ternion Ecosystem

Within the Ternion Ecosystem, all internal revenue-generating mechanisms are geared towards upholding the Ternion Liquidity Fund. Just as the Ternion Financial Model relies on natural market forces to support Ternion liquidity, so too does the utility functionality of the Ternion token. The TRN token is exceptionally well integrated into the Ternion Ecosystem, serving as a method of exchange for fees incurred through the Ternion Exchange and the Ternion Payments business. If a party wants to list on our Exchange, then it can pay commission fees with the Ternion tokens and get a lower price. This utility mechanism may result in higher demand for the TRN token, which is then channeled back into the ecosystem, creating a contained cycle of supply and demand.

Accredited Investors

For accredited investors we are selling a token which shall be repurchased with 25% of the company’s profit once per quarter at a determined price.

Public Sale

For the Public sale, we are selling a token which can be used to pay commission on a discount and access additional services on the exchange and payment mechanism. The utility tokens which will be used for payment of commission and listings will be sent to the token burn program. Please refer to section 7.3 for more details