ABSTRACT
The advent of blockchain technology enables the creation of asset-backed tokens, where each token can be pegged according to the appropriate security value stored in the backup. Blockchain technology also allows beyond the old geographical barriers to entry. Token can be traded online from anywhere, fast and cheap, and can be sold as a fractional asset, which further lowers the financial barriers to entry. Ankorus will build an online exchange inhabited by current financial assets around the world. Various audit actions will be taken to establish transparency, and customers will be able to validate that the tobacco assets are fully supported and held by Ankorus. Ankorus prioritizes responsive customer service as its core value.
INTRODUCTION
MISSION
Ankorus will forge a vital new connection of the crypto environment to an established financial world, enriching both with better opportunity and safety.
SUMMARY OF BUSINESS PLAN
Ankorus will allow cryptoholders to purchase real-world financial assets. Instead of cryptocurrency, Ankorus will create and allocate tokens whose values correspond to their assets. The natural results we expect can be a radical disruption to the traditional financial world, which too often serve too little.
Where some rivals just expose their customers to assets, Ankorus will actually secure and hold them for you. Cryptoholders can actually diversify their portfolios across multiple asset classes. Utilizing innovative technology, Ankorus embarked on a new landscape of frictionless trade, beyond geographical boundaries and a swelling financial barrier. A steady market requires liquidity, and by our plan to connect the crypto world with finance, trade volumes will inevitably - and increase - increase. Ankorus will open up several new channels for the movement of wealth, and this additional fluidity will also facilitate the release of more stable holdings of a volatile market. Where earlier cryptoholders found themselves lost in the sea, Ankorus will empower its users to dock in a safe harbor as per their choice. It should be noted that crypto scopes that have not produced and evolved are too often caught when it comes to security issues. Widespread feelings are widespread in many places as they know, whenever, their profits may be prey to hackers or other catastrophes.
With Ankorus, peace of mind will be given by future generations of smarts and innovative exchange procedures, where we will set new standards and security - and what is needed -. Twenty-four hours multilingual multilingual service will be ready to handle any account issues customers might have, whether it is a security breach or just with the wrong keywords.
Ankorus intends to become a fully registered brokerage agent and gain membership in a large and trusted exchange, securing the cheapest commissions for our customers and enabling all best practices. Assets purchased and owned by Ankorus will be insured and audited on a regular basis, as we recognize that trust and transparency are two of the most important ingredients in promoting sustainable growth. In addition, we will also build AnchorNet, our unique trading platform that will shape the nexus between crypto and finance.
With all the necessary track records, our core team and our advisors are well positioned to lead the crypto expansion into the financial world. The notion of experienced trader CEO John Cruz (a global exchange veteran like CME, CBOT and Eurex), Ankorus was born out of deep personal dissatisfaction with the old model. The resulting solution comes from the natural synthesis of breakthrough technology and hard marketing experience for more than two decades.
Team Ankorus is filled by experienced professionals from the financial community, including former global FX business member Morgan Stanley, and senior software innovator from technological boundaries, including one of Zynga's original engineers. Our solution is the inspired but logical crystallization of where we used to be and where we should go next. In general, we have the confidence that the time is right and mature to disrupt the inheritance financial order, potentially replacing it with more appropriate updates for the twenty-first century.
Ankorus will flatten obstacles, level playing field and new ecological seeds, cultivate the right fair game for all participants.
WHAT MAKES ANCORUS REVOLUTION? - Message from John Cruz, CEO
The job of a merchant is to do the right thing on many things at the same time. That alone is quite difficult. Add a mix of challenges to learning about new trading platforms, plus onboard and bad customer support from vendors and the exchange, and it's no surprise that trading is frustrating, expensive, and hard to get right. All that before 2013 and the emergence of crypto in crucial. But this new trading arena is unfortunately even worse. Vendors and bourses have substandard standards, and sometimes criminals, levels of competence, security and support. And it does not include hacking threats that ever existed.
I have exchanged stocks, bonds, futures, options, metals, commodity, currency and cryptocurrencies. I've also been trading electronically for most of that time, testing beta almost every platform I've ever used. After 25 years, I can not pass this rebirth again. So, I created this platform for me and to share it with the world. And my team can make it happen.
The emergence of ICO is the key to this effort because it can provide the stimulus to build my team and realize my idea. I'm sure we can do it because we have the knowledge among us to do it right.
Nothing more demanding platform than me. The bells and whistles do not make money, it's expensive. I want us to make money. Friction makes things sluggish and expensive and I am familiar with the friction points in trading. This blockchain revolution eliminates them. Therefore, trading becomes easier. Ankorus is the next logical step.
My career has been long and profitable because I have successfully tested traders, and arbitrageur. I searched for and found low cost entry and market inefficiencies. Trading is my job and I keep working on it. Sticking my money is part of what I do. You must preserve your capital. Crypto's trade did not scare me. Incompetent, unreliable crypto exchange and no support
Platform scare me. I not only built Ankorus for me, other people can also benefit from it. The time has come to act.
TECHNOLOGY AND PROCESS
The Token Anchor system will be an alternative investment ecosystem that enables and provides any financial instruments, including stocks, bonds, futures, options, gold, silver, commodities, REIT, ETF and state debt.
When our customer purchases an Anchor Token, we will immediately purchase the appropriate asset. Ankorus, as a trusted keeper, holds this asset in reserve. Token holders may exchange their Anchor Tokens at the Ankorus sign exchange exchange, AnchorNet, or redeem the value directly from us.
TOKENIZATION SECURITY
Ankorus will be able to commit tokenise to the Anchor Token of any existing financial asset. Ankorus will also request an anchor quota in return for a one-time tokatization fee. Ankorus will provide to purchase financial assets that are currently traded worldwide, such as AMZN, FB, SBUX, BIDU, AAPL, T-Bills and US Bonds, USD, CHF, JPY, SPY, GLD, ZKB Gold, Crude Oil.
CREATION TOKENS ANCHOR
Customers choose financial assets for tokenise.
Customers pay Ankorus for their purchase in one of a number of currencies (this includes BTC, ETH, Ripple's XRP, BCH, Litecoin, Dash, NEO, Tether and ANK).
Ankorus brokerage dealer buys the underlying securities, as selected by the customer. The order is filled at the current traded price.
The equivalent value of the Anchor Token for such security is then credited to the customer's account in their smart wallet, minus the small fees and commissions. The Anchor Token will be credited to the customer's wallet within minutes of receiving the order.
Any revenue derived from the underlying securities will be automatically reinvested into the securities, giving customers a larger number of Anchor Tokens, or credited to the customer's wallet. Customers can choose which option they choose.
Ankorus is the only entity that can make or break an Anchor Token, so retain the truth
values that are pegged to match the underlying security.
TRADING ANCHOR TOKENS
Token holders will be able to exchange their Anchor Tokens for other Anchor Tokens at AnchorNet, Token Token's proprietary exchange platform planned (see The AnchorNet Trading Platform) and also on other available crypto exchanges.
ACCREDITATION AND ANCHOR TOKENS BENEFITS
The owner of the Anchor Tokens is named by Ankorus as an Accredited Carrier. Accredited carriers will be able to exchange Anchor Tokens from Ankorus or exchange them on the secondary market, AnchorNet. The Accredited carrier will be the initial buyer of the Anchor Token, the beneficiary of the original buyer, or the buyer of the AnchorNet secondary market. Accredited carriers will be able to nominate and identify beneficiaries who are given anchor tokens to be inherited. Once the Anchor Token has been transferred to the beneficiary, the beneficiary becomes the new Accredited Carrier.
ACCOUNTS FUNDING
Customers will pay into their accounts and redeem their holdings in both traditional fiat and cryptocurrency currencies. The repayment currency will be determined by the account's funds currency and must remain the same. Regardless of the currency used, both Ankorus and its customers are required to comply with relevant local regulations regarding financial transactions in that currency.
BASICS
Accredited Tokens Accredited carriers may exchange them directly from Ankorus, to their customer accounts, for their equivalent underlying security value. After the Anchor Token has been redeemed, or if there is a currency balance in the customer's account, customers may request a withdrawal from their account.
MARKET AND PRICE
Ankorus will create a primary and secondary market for Anchor Tokens.
* The main market. Customers buy and exchange Anchor Tokens directly from Ankorus. Orders are filled out for customers according to current market prices. Likewise, tokens will be redeemed at current market prices.
Secondary Market. Ankorus will create an orderly market for secondary trading of all Token Anchors. It will be traded on AnchorNet, to be developed in Phase Three (see Roadmap). Here, customers will be able to redeem Anchor Tokens for various anchored securities and all cryptocurrencies.
GENERAL LEDGER
Ankorus will use a special ledger to achieve the highest level of security and trust required for online exchanges.
* The ledger will track the creation, ownership, transaction and redemption.
Token ownership rights will be tracked at any time.
All transactions that occur must be a valid transaction, completed through the ledger.
PROOF INTEGRITY
To ensure proper relationships are maintained between the existing Anchor Token and its underlying securities, and maintaining the required operating transparency, Ankorus will apply various mechanisms:
We will be audited by the exchange.
We will be audited by all necessary monetary authorities.
We will invite reputable auditors to check our books.
In addition to these steps, Ankorus customers will be able to check the ledger to compare the total tokens made against the total value of the securities they own. The daily broker statement will also be issued to confirm the transactions made and the securities owned.
GLOBAL CUSTODIAN
Ankorus will act as a depositor for all underlying securities.
Ankorus, as a custodian, will guarantee the security of all the underlying securities purchased through global exchanges.
The "Proof of Asset" dashboard will be maintained in real-time in AnchorNet, enabling complete transparency.
The clearing company Ankorus will give a daily statement, available from Ankorus.
Custodian will be insured SIPC.
The custodian will be independently audited to ensure that the backup evidence matches all tokens
created
ARBITRATION
Ankorus will be the final arbiter of all disputes concerning the transaction of loss, theft or deception of the Anchor Token, and will cancel
and reverse the transaction is not true.
SMART WALLET
Token Anchor Token will store their tokens in Ankorus's highly secure and reactive smart wallet. The intelligent wallet Ankorus will utilize proprietary technology to achieve an unparalleled level of security in an immature cryptogenic and predatory environment. The vulnerability of hacking is greatly reduced.
The smart wallet will use Reactive Portfolio Management (RPM), providing a view that allows users to monitor in realtime
the current value of their Anchor Token, in the base currency they choose, and the value of any existing currency. Account
statements can also be requested In case of improper transfer, RPM technology will automatically trigger self-destruct algorithms built into Anchor Tokens. Subsequently, each party will be made entirely through the lifting of unauthorized transactions and the provision of a replacement token.
THE CORE TEAM
The core team consists of five individuals, from the US, Britain and South Africa, which together also consist of the founders of Ankorus.
TOKEN ALLOCATION
Ankorus will begin accepting contributions on November 25, 2017. Interested parties may contribute cryptocurrencies to Ankorus, which will be the only form of contribution received. The contribution period will last for 30 days, after which the ANK token will be allocated to the contributor. Contributors will be able to see their contribution in their smart wallet. The "hard hat" was set at 150,000 ETH. 100 million ANK (maximum supply) will be made and divided as follows:
50% publicly available.
24% is allocated to the pity of Ankorus.
15% is allocated to founder Ankorus *.
5% is allocated to Ankorus * advisor.
3% is allocated to bounties.
3% is allocated to marketer costs.
ANK allocated to founder and adviser Ankorus (amounting to 20% of total ANK) will be electronically controlled for a period of 12 months. This key will be built into a smart contract and visible on blockchain.
Shortly after the tokens have been shared, ANK will be listed for trading on the main exchange. After a period of about six weeks, Ankorus will list ANK on two more exchanges.
ANK will perform some important functions in the "Ankorus" ecosystem. Customers who want to use the Ankorus platform must have at least five ANK tokens. The ownership of ANK tokens will also be counted against the lucrative commissions when buying the Token Anchors.
Author: essella
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1183772
ETH : 0x4375eEFDB6cC38Fb50016e8Ba85DfD92507f4119
