AllStocks [AST] - Global Stock Exchange Network (ICO REVIEW)

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We know this nowadays crypto development is very broad and already known by many people, this is the latest breakthrough for the world economy, every time and where the person is located you can access it, many people who successfully achieve their dreams because they follow the development of cryprocurrency. Many investors are interested and you can also invest in it let us recall what ever said by world billionaires such as:
Mr. Bill Gates founder of microsof once said “The Future of money is digital currency” and also Mr. Jack Ma founder of Alibaba once said “Cryptocurrency is the key to your future wealth”

The blockchain is an open, decentralized technology that is utilized for recording and storing transactions via digital blocks. One of the unique inventions to come out of the blockchain was digital currencies. Some of the digital coins powered by the blockchain are Ripple, Ether, and Bitcoin.

With digital currencies, money transfers happen quite fast. The best part about it is that it is tamper proof. Up to this day, there has never been a report of a successful hack on a blockchain network. The blockchain utilizes mathematical algorithms and functions to come up with a secure and distributed ledger. The AllStocks network intends to harness this power to the full.

What Is AllStocks?
The ALLSOTCKS Network has been designed as a distributed global stock exchange. The final goal is to interface with the leading stock exchanges and stockbrokers globally. This platform will allow digital currencies to traded, backed by real financial assets. The network is going to create a decentralised system, which will enable stakeholders to trade AST, which is an ERC20 token. The backing assets are going to be stored in an escrow account. Besides that, the network will let users trade in financial assets such as bonds and currencies.

Allstocks Network will also expose a generic API interface, which will offer developers more capacity to develop tools and apps to be used for hedging, investing, and carrying out transactions via the AST tokens. Decentralized organizations, which are exposed to digital currencies, can safeguard their funding via stable assets. While this network is going to make it possible for investors to manage a diverse investment portfolio, it is also going to make it possible for companies to issue capitals easily.

How Allstocks Will Work
Allstocks will work in a manner that allows critical data to be stored on the blockchain. This data will typically be the transactions data and user balances. All other data in this network will be stored in the server. Since it ensures that there is a speedy adoption of CTT tools, the framework and development environments have already been designed.

Users of this network will need to have Ethereum wallets. All the CTT smart contracts are going to be compliant with the ERC20 standard. Thus, they will work flawlessly on the ethereum blockchain. When this is done, an allstocks smart contract will be utilized for regulating the work of the CTT smart contracts.

The CTT Smart Contracts
Each financial asset that is registered with the allstocks exchange will have a CTT issued. The CTT smart contract will be ERC20 compliant. Thus, forwarding the CTTs between users will be similar to transferring ERC20 tokens between wallets.

AllStocks Decentral Stock Exchange
It regulates how the CTT smart contracts work; the decentral stock exchange will be created. Its sole purpose is to ensure the smooth functioning of these smart contracts.

It ensures that there is a speedy adoption of the CTT as hedging too, various libraries and code template will be made available for app developers. The ICO for this project will start on May 1 and end on June 30.

Cryptocurrency Exchanges

The cryptocurrency exchanges will play a critical role as they provide users with digital wallets and fiat currency accounts in their local currencies. Well, these services aid users to buy, transmit and sell such cryptocurrencies as well as provide the needed framework for users to convert cryptocurrencies to fiat currencies and vice versa. So, the exchanges are useful system architecture that must be factored in.

Public Blockchain: Much as it remains ill-advised to depend on public blockchain because of its limitations and challenges (already discussed),a secure public blockchain.

Buy AllStocks Token

A Real asset in the real world backs this special issued token,, it can be stock, bond, future or any other tradable asset. AllStocks will hold this asset in a trusted, transparent, open and regulated manner. The token value will always be matched to real asset value as it can be liquefied at any time.

Trade your backed Tokens

All issued tokens are compatible with ERC20 standard, which means you can trade it anywhere and anytime on all Crypto Exchanges.You can invest in other AllStocks backed token and build your perfect portfolio. Cutting down all middle man fees and broker/banks payments.

Token Sale

Total tokens supply: 50,000,000 AST tokens.

In current sale AllStocks will allocate 25,000,000 AST tokens. Sale is split into three stages each with

reduced exchange rate that represents an early investment bonus.

AST Token prices:

April 15 – April 30, Stage one: 625 AST = 1.00 ETH (25% Bonus)

May 1 – June 15, Stage two: 550 AST = 1.00 ETH (10% Bonus)

June 16 – June 30, Stage three: 500 AST = 1.00 ETH (No Bonus)

AllStocks AST Token ICO Details

AllStocks is launching their AST Token through their ICO scheduled to start on 04/15/18. Minimum purchase is 50 AST tokens. You will be able to purchase AST tokens with Ethereum.