Level01 is a peer-to-peer (P2P) derivatives exchange that allows investors to trade option contracts directly one-to-one, without the intervention of an intermediary or broker.
Level01 combines distributed Ledger (DLT) technology with a transparent and automated blockchain, with artificial intelligence (AI) of dynamic fair value pricing Analytics for counterparties based on current and retrospective market data.
The platform intends to effectively remove all forms of disagreement in the user's work present in the conventional or cryptocurrency exchanges, such as:
time-consuming deposits/withdrawals;
wallet security issues;
All this together will allow investors to fully focus on trading activities.
The Level01 platform promotes transparency and equity, and is designed to provide the most fair, efficient level of trading on the marketplace for retail and commercial investors.
ANALYSIS
Peer to peer (P2P) trading involves two parties interacting directly with each other in the execution of trade transactions. Since the third party is not involved, there may be circumstances of non-fulfillment of obligations by one or another party when making a trade transaction.
Trading through a broker is conducted by an intermediary for more efficient trading, but exposes investors and their funds to other types of risks and exposures, such as excessive transaction fees, delayed withdrawals, market manipulation, broker-trading against clients, or exchange attacks.
Level01 uses smart contracts and blockchain technology of automated p2p trading payments, effectively solving problems of trust and non-execution of tasks; allowing investors to bypass the negative aspects of centralized brokerage.
The following is a comparative table:
PRODUCT
The Level01 mobile/web app allows investors to interact directly with each other to trade.
Investors choose the category of assets they are interested in, for example, Forex or cryptocurrency;
Investors trade by issuing option contracts on the markets, using the following parameters: ‘EXPIRY’, ‘STRIKE PRICE’, ‘POSITION’, ‘TOTAL VALUE‘; or select an existing option contract;
When an option contract is matched with a business partner, all parameters are sent to the Level01 smart contract on the blockchain. The smart contract receives permission from both parties in order to perform a trade settlement at the expiration of the option contract.
TECHNOLOGY
Blockchain is a digital, decentralized, public book popularized with the help of the well-known cryptocurrency Bitcoin. Also known as distributed Ledger Technology (DLT). Blockchain is an immutable method of data storage. This makes it ideal for auditing and storing transactions.
The architecture of Level01 uses blockchain technology to perform automatic trading calculations and allows you to make a profit immediately. These operations are carried out impartially, independently using mini-programs on the Ethereum blockchain called smart contracts.
FairSense is a basic Level01 technology that is developed using cross-flow Analytics, which is typically only available to institutional organizations.
FairSense automatically helps investors evaluate the fair value of the contracts they seek to trade and constantly updates their bid or offer price with respect to the implied value, thus offering a fair value to both parties of the transaction that is accurately adjusted every second by the current market conditions.
FairSense algorithms observe and alternate real-time cross-market variables in the most liquid financial markets, which provide the most stable market prices, allowing investors to trade consistently, providing improved liquidity and price discovery on the peer-to-peer exchange Level01.
TOKEN
In Level01 Exchange LVX token has the standard ERC-20 was developed on the Ethereum blockchain. LVX functions as a means of exchanging and storing value in the financial ecosystem of Level01.
The token serves as a means to a transparent and fair settlement on the blockchain, as it can be processed/automated by smart contracts and is paid out to the winners of trades programmatically.
Tokens LVX can also be "put" by investors for the hosting trading rooms where you can take group shopping events, and investors earn a fee for hosting the trade. Set tokens reimbursed smart contract after expiry.
Peculiar properties:
Store of value:
LVX token provides the use of blockchain assets as a storage in the financial ecosystem Level01.
Medium of exchange:
The token facilitates payments between investors as the standard operating currency of exchange in Level01.
Limited reserve:
A predetermined fixed supply of tokens will contribute to growth and increased demand from the deficit as the user base grows.
Automation:
The digital nature of the token provides transparency and reliability of interaction with the blockchain for automated calculation.
More info:
website: https://level01.io/
whitepaper: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf
facebook: https://fb.me/level01platform
twitter: https://twitter.com/level01io
telegram: https://t.me/level01ico
Username : Ozie94
profile : https://bitcointalk.org/index.php?action=profile;u=2103066
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
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