JAVVY: THE BEST CRYPTO EXCHANGE PLATFORM
Cryptocurrency and the blockchain technology have transformed the way funds are transacted over the years. The unique features of the blockchain which include Transparency, Trust, safety and decentralization have really encouraged the adoption of the blockchain and a lot of businesses in different sectors of the global economy have leveraged on this characteristics to offer effective and efficient financial services to customers globally.
Despite the unique features of the blockchain technology and the use of cryptocurrency a pot of individuals and organizations are yet to adopt this disruptive technology to a large extent. This is the reason for the creation of Javvy platform.
SOME PROBLEMS AFFECTING THE ADOPTION OF THE BLOCKCHAIN THAT JAVVY HAS BEEN DESIGNED TO SOLVE.
There are a lot of challenges facing other exchanges which do not allow mass adoption of crypto, some of which are:
- High transaction fees: on most platforms transaction fees are really high and this discourages traders from trading on such platforms.
- Delay in transaction: A lot of Exchanges take a lot of time in completing a single transaction. But with Javvy the case shall be different
- Lack of adequate security: most traders’ funds have been stolen on some platforms by cyber hackers and other online thieves due to Security Bridge. Also user’s data have been stolen from some platoforms due to insecurity. But Javvy has been designed to handle this.
4 low trading volumes: this is another factor affecting traders, making them to move their assets from one platform to another in order to be able to trade effectively. - Lack of secure and convenient wallet: holding of cryptocurrencies securely has also been an issue in the cryptoworld. Javvy has been designed to provide this , by creating a highly secures and simple user friendly crypto wallets where users can hold their cryptocurrecies.
UNIQUE FEATURES OF JAVVY THAT MAKE IT OUTSTANDING
Exchanging fiats with cryptocurrency : this is one factor that is lacking in most Exchnages , but with Javvy, users will be able to convert their cryptocurrencies to Fiat conveniently . The transaction is peer to peer. Below are the simple and conveniently processes involved. : whitepaper: https://javvy.com/wp-content/uploads/2017/09/javvy_crypto-solution-white-paper.pdf
website : https://javvy.com/?v=bf7410a9ee72
-when a User places an order to exchange crypto and FIAT , Peer nodes validate the transaction via network confirmations
-If Javvy received a sell order, the team checks the OFAC list for the transaction details If a match is found, the system cancels the order and flags the account for review, else , peer nodes periodically check for sufficient blockchain confirmations
- If confirmed, initiate wire transfer to user else the order will eventually be cleared from the order book
- If Javvy received a buy order, the team checks a crypto OFAC for the wallet address, If a match is found, the system cancels the order and flags the account for review, else the team periodically check for bank notification to show that funds have cleared
- If the funds clear, with associated memo details, crypto transfer is initiated; else, the order will eventually be cleared from the order book.
JAVVY TOKEN
Javvy team has created a utility token on the etherum blockchain which will serve as the main token for the ecosystem. There are two major use cases of Javvy which are:
- Users will use Javvy to pay for fees on the javvy platform which comprises the wallet and Exchange.
- Javvy will be used in paying as rewards and incentives to users when they pay fees using Javvy.
- There is an alternate use case where token holders can opt-in to staking their JVY in exchange for a fixed percentage of interest given in the form of additional JVY tokens. This behavior mirrors the reward structure of master-nodes. The difference is that stake-holders are not supporting Javvy’s blockchain infrastructure but, instead, add liquidity to Javvy’s exchange network.
TOKEN DETAILS
Token Type ERC-20
Token Symbol JVY
Maximum Supply 333,333,333
JVY Tokens for Sale 100,000,000 JVY
Loyalty Reward Tokens 150,000,000 JVY
Soft Cap (USD) 1,000 ETH
Hard Cap (USD) $8,000,000 USD*
Private Sale Date Jun 15, 2018 - Oct 31, 2018
Pre-Sale Dates Nov 1, 2018 - Nov 30, 2018
Pre-Sale Price 0.0004 ETH + 25% Bonus
Token Sale Dates Dec 1, 2018 - Feb 28, 2019
Token Sale Price 0.0004 ETH (2,500 JVY / ETH)
CONCLUSION
The idea behind the creation of Javvy as a decentralized cryptowallet with an inbuilt decentralized Exchange is an innovative one that will not only transform the cryptworld world but will encourage mass adoption of the blockchain technology and the use of cryptocurrecy globally. Get more information from this links: whitepaper : https://javvy.com/wp-content/uploads/2017/09/javvy_crypto-solution-white-paper.pdf website : https://javvy.com/?v=bf7410a9ee72
Bountyox username : nesbeeDownload Javvy wallet here : https://javvy.com/updates
whitepaper : https://javvy.com/wp-content/uploads/2017/09/javvy_crypto-solution-white-paper.pdf
website : https://javvy.com/?v=bf7410a9ee72
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