Idea The idea behind PayperEx is to decentralize the share market by creating an alternative trading network using blockchain technology.
PayperEx’s goal is to give people from all over the world a fair, easy and affordable chance to enjoy the benefits of the share market by buying "Paypers".
What are “Paypers”?
Paypers are share based units. To trade on the PayperEx network users must buy Paypers. Each financial instrument (e.g. Bitcoin, Ethereum, etc.) will have a limited quantity of Paypers issued.
There are two types of Paypers issued: “BULL” and “BEAR”.
A BULL Payper is predicting that the price of the underlying asset will rise, whereas a BEAR Payper is predicting that the price of the underlying asset will fall.
Private companies will issue their shares at PayperEx network.
The use of blockchain technology will make our network secure and transparent.
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We really think that we can build a decentralize trading network that transcends these limitations, and provides the same trading opportunity to all traders all over the globe.
PAX token - PayperEx issued the PAX token to let the crowd participate in the project and to become members of the network. The PAX token will be sold during the ICO with special benefits.
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Yes, we believe that the PAX value will be worth more than his value today, but it's not the reason that we issued it.
At the first stage, Bitcoin Paypers will be issued " Bitcoin_Paypers"
How does it work?
Let's say that you believe that the Bitcoin is going to rise, so you decided to buy the "Bitcoin BULL Payper"
The "Bitcoin BULL Payper" price at the time of purchase is 100 PAX (equal to 0.002BTC).
According to the movements in the market, the price of the "Bitcoin BULL Paypers" rises to 150 PAX (equal to 0.003BTC).
If you sell your "Bitcoin BULL Payper" to another Payperex participate your profit will be 50 PAX (50%).
If you believe that Bitcoin is going to fall, you buy the "Bitcoin BEAR Payper" and profit if the price of the Payper goes up.
The main strength of the Paypers
1. The initial price will be low like the value of the Bitcoin 7 years ago.
2. The ability to trade on upward and downward trends.
3. Our unique Fee Share model - a portion of the fee that we will charge on the network will be paid back to the
Paypers holders.
4. The opportunity to trade privately held companies
The PayperEx Team
PayperEx’s founders, after more than 15 years of experience in the financial sector,
came up with an ambitious and groundbreaking goal to revolutionize the concept of a Shares Market by removing any existing barriers.
Our team consists of experts in online trading, marketing, research and development, financial compliance and regulation.
Yaniv Baruch - Co founder
Mr. Baruch has over 14 years of experience in the financial sector.
Mr. Baruch was formerly the Co-Founder & CEO of Daweda Limited, an EU regulated company which developed a cutting-edge platform providing a trading environment for over-the-counter peer-to-peer derivatives.
Prior to Daweda, Mr. Baruch was the Head of Trading at AnyOption a worldwide platform for online derivatives trading. In addition, Mr. Baruch worked at “RBC” Capital Markets, a premier global investment bank as a “prop” trader, focusing on trading and swing trading NYSE stocks.
Mr. Baruch had a Series 7 trading license from FINRA for managing proprietary accounts of large scale.
Menahem Maya - Co founder
Mr. Maya is a FinTech entrepreneur and executive with over 15 years of experience in the financial sector.
Mr. Maya was formerly the founder and CEO of MB Technology, an innovative technology company focused on the development of financial solutions and online marketing products.
Prior to founding MB Technology, during the years 2010-2015, Mr. Maya has held several key positions in a variety of leading online trading companies.
Mr. Maya has a strong track record of developing market-leading products and services, including technology start-ups. He has a wealth of international experience, including leadership roles in several companies and knows how to use his imagination to surpass any challenges and to overcome all boundaries.
Tal Miller - Chief Advisor
Mr. Miller is the founder of the Fibonatix Group and CEO of Fibonatix (Israel).
A payments professional with over 10 years of experience in the financial sector in a variety of senior roles.
Mr. Miller specializes in tackling challenging situations and cases, cut to the heart of the matter and find out how to make things work the way they should. Leveraging his experience in working in international and multicultural environments, Mr. Miller excels at reducing complex problems to simple concepts which can be easily understood and resolved.
Denis Rohlinsky - Full-Stack Developer
Mr. Rohlinsky is Full-Stack Systems Architect with many years of experience developing financial applications.
Mr. Rohlinsky’s professional expertise includes client/server applications, product design and delivery, managing multicultural teams and agile methodology.
Mr. Rohlinsky has built custom solutions for numerous financial services firms, with a focus on critical risk and reporting applications.
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Topic: [ICO] PayperEx - The world's first alternative share market (Read 1476 times)