Cloverdex - Modular Hybrid Decentralized Exchange

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Relatively recently, Blockchain technology and virtual currencies have provided mankind with a number of new opportunities, including the process of decentralization, maintaining user privacy, as well as providing independence from banking systems. However, despite a number of the above advantages, the modern crypto industry is far from perfect and has a number of disadvantages.

The first and most significant is the low level of security that is associated with the need to enter certain keys to access the tools. Thus, if the owner forgets the keys or loses them, he will no longer be able to restore access. In case of theft of keys by the malefactor means will forever pass into his hands, and the real owner won't be able to prove anything.

The second drawback is the lack of communication with the banking system, which does not allow direct exchange of cryptocurrencies for Fiat, and therefore prevents their use in everyday life.

The third problem of the modern crypto industry is the lack of state control over the exchanges of crypto-currencies, which contributes to an increase in fraud in this area, and also leads to a loss of trust on the part of customers. Thus, an increasing number of exchanges lose customers and stand idle.

About Cloverdex

Cloverdex provides a modular, decentralized hybrid exchange and secure multi-currency wallet (applying multi-signature technology) with a strong focus on cryptocurrency market analysis and knowledge sharing, user accessibility and friendliness, social trade, and regulatory compliance best practices and law.

Cloverdex developers believe that there should be no obstacles and difficulties between investors (users) and cryptocurrency. That is why they have made enormous efforts to develop the simplest interface with only 3 actions that can be performed by any function. This can be in the form of buying/selling cryptocurrency, can be in the form of purchasing goods through the Internet or other additional functions related to data and market analysis, and much more. Simply put, Cloverdex intends to provide everything that is needed for its users in just a few steps. What I think is very comfortable and relevant, considering how difficult it is to find certain functions on other systems.

Cloverdex advantages

Due to the fact that the Cloverdex team understands the importance of what is happening, that is why the team seeks to support the use of cryptocurrency in real life every day with all its projects. Therefore, within the framework of their project, they intend to offer their multi-currency wallets, which will consist of various types of wallets, each of which is intended to maintain and store individual cryptocurrency.

Vision and Mission

To realize our vision and mission, Cloverdex will create Ethereum-based functional tokens (ERC20) that will give members discounted trading prices, free EFTPOS debit cards, access to sophisticated market analysis tools, initial Beta access to platforms, increased trading limits, and many more (will be announced). Pre-sale of Cloverdex tokens (CLDX) will be launched in mid-December 2018 for a limited group of contributors. Funding collected as part of pre-sales will mainly fund the initial start-up, marketing activities, negotiations with payment processors and the recruitment of technical talent leading to crowdsale public.

Token info

Token CLDX

Platform Ethereum

Type ERC20

Price in ICO 0.2100 USD

BONUS

30% bonus for presale. 5% to 15% during crowdsale.

Tokens for sale 80,000,000

Investment info

Accepting ETH

Distributed in ICO 80%

Soft cap 5000000 USD

Hard cap 15000000 USD

Roadmap

August 2018

Whitepaper;
Development of alpha prototype;
Development of promotional material (video, website); Community engagement and building.

December 2018

Pre-sale;
Pre-sale will start mid December 2018;
Start Selection and negotiations with payment processor;
Intensify Marketing initiative.

January 2019

Technical talent procurement;
Technical talent and development team formed; Intensify Marketing initiative.

January - February 2019

Public crowdsale;
Public crowdsale commence;
Audit of crowdsale results.

Q1 2019

Beta exchange and wallet launch;
Closed Beta launch early in the year;
We plan to be listed on at least two major token exchanges early in the year;
Public Beta launch with external exchange trading support and support for more fiat pairs March/April 2019;
First major security audit by external service provider.

Q2 2019

Full release;
Full public release of Cloverdex exchange and secure multi-currency wallet – includes up to 10 fiat pairs;
Debit Card support added and shipped to customers.

Q3 2019

Major enhancement release and internal testing of hybrid decentralised exchange module;
Increase number of fiat pairs based on customer demand;
Support for over 100+ cryptocurrencies and tokens. We will be conducting a vetting process so to ensure only quality * cryptocurrencies/tokens are available on the trading platform;
Internal testing of hybrid decentralised exchange module.

Q4 2019