DIGITAL ASSETS, PREDICTION AND REMITTANCE
Introduction
This document is not an offer of securities or collective investment. Contributors are advised to read this document carefully in full and perform due diligence. Any plans, projections or forecasts mentioned in this paper may not be achieved due to multiple risk factors including, without limitation, defects in technology
developments, legal or regulatory exposure, market volatility, sector volatility, corporate actions, or the unavailability of complete and accurate information. Planned features may change based on the competitive landscape and go-to-market strategy. The opinions reflected herein may change without notice and Some Technologies, Inc does not have an obligation to amend, modify or update this paper or to otherwise notify a reader or recipient thereof if any matter stated herein, or any opinion, projection, forecast, or estimate set forth herein, changes or subsequently becomes inaccurate. This Whitepaper has been developed in collaboration with our Currency and Financial advisors and has been reviewed by our Legal team.
COPYRIGHT NOTICE
This document is copyrighted by REMMITY LLC (WYRETRADE). No part of this document may be reproduced, abstracted, backed up, modified, translated into another language, or used in whole or in part for any commercial purpose, in any form or by any means, without the prior written consent of REMITTY LLC (WYRETRADE).
EXECATIVE SUMMARY
ABSTRACT
Wyretrade is built to be a global trading mobile platform that allows users to instantly trade over 2000 publicly traded Stocks and ETFs using their crypto balance, Buy, Sell, Hold and Trade over 50+ cryptocurrencies, create or predict on the hottest stocks and crypto market. Wyretrade will instantly allow small retail investors globally to start investing as little as $5 in their favorite stocks
WHAT WE DO
Wyretrade is comprised of four main components, including a mobile app for trading stocks and ETFs, Crypto Wallet - Buy, Sell, Hold and Trade over 20+ digital assets, Betting - Bet on the hottest stocks and crypto markets, Payment - just like PayPal instantly pay friends and merchants in stable coins.
OUR MISSION
Our mission is very simple, make investing accessible to everyone by providing a safe and secure mobile platform to trade stocks, exchangetraded funds, high-quality cryptocurrencies, and market outcomes, combining a first-rate user experience with an advanced trade-matching engine, 24/7 customer support and high-grade financial products. At wyretrade, we believe the community, and our users, must be viewed as an essential priority. Therefore, we strive to be a community-centric exchange, delivering a high-class service to all our customers, on our journey to become a brand name that people recognize, and trust, in the cryptocurrency sector.
THE VISION
Have you ever used Facebook, Alibaba, Snapchat, Tesla, Apple, Amazon, Netflix, or Google? Chances are you have, and while these tech giants are at the forefront of innovation and technology, with stocks, you have an opportunity to get in on the action by buying and selling shares in these companies. Wyretrade’s vision is a global trading platform designed to target a very wide demographic. Our goal is to open the door for billions of small retail investors worldwide and allow them to start investing in the stock and crypto market. Our user interface is being designed to be easy to use and simple enough to encourage rapid adoption. Blockchain will allow us to set this up in a way that benefits both retailers and consumers.
WYRETRADE APP BENEFITS
● Multi-coin wallet:
Buy, Sell, Hold and Trade over 50+ cryptocurrencies. Easily manage your wallet, maintain your portfolio, and experience our low trading fees.
● Trade over 2000 stocks & ETFs:
Start investing as little as $5. Buy a portion of a stock or exchange traded fund (ETF) rather than buying a whole company share.
● Margin (2x):
Margin trading refers to the process of borrowing funds from Wyretrade to leverage your available capital to trade stocks, ETFs and you must activate your margin account with at least 1000 PEPPER. Margin trading incurs interest charges, and these charges are debited from your account (8.5%APR)
● Remittance:
Grow your business globally with borderless, instant, and low-cost crypto transactions.
● Prediction marketplace:
A global no limit prediction market place. Predict on the hottest stocks and crypto market.
● Staking:
stake your stable coins of USDC and PEPPER at (2.5%APR)
WHY INVEST IN STOCKS & ETFs
● Participate – Stocks are an exciting way to participate in a growing economy and, particularly, in stocks you find interesting or innovative. When an economy is growing, company earnings can increase, jobs are created and people with secure good paying jobs are more likely to invest in stocks and mutual funds which can help drive stock prices higher.
● Growth – Stocks are also a good way to stay ahead of inflation and grow retirement savings. Historically, stocks have increased in value 7 to 10 percent on average per year, against an average inflation rate of 2 to 4 percent. Stocks do not go up every year, but over time stocks have proven to be a consistently good investment.
● Efficient Markets – Stocks are easy to buy and easy to sell as trading action is efficient with so many participants in the stock market every day, prices are generally fair, and there is generally enough trading volume of buyers and sellers to get in and out of most positions easily if you trade commonly known companies.
WHY INVEST IN CRYPTOCURRENCIES
Cryptocurrencies have low investment hurdles:
Having low investment hurdles means you can invest in common fractions, and because of this, anyone can get involved in it, and you can create a great and very diverse portfolio.
Transparency:
When it comes to blockchain, its transactions are available and visible to everyone. This allows an open or, we can say, omniscient level of knowledge to everyone involved.
Fees:
Compared with stock trading or other asset classes, cryptocurrencies offer significantly lower fees for their trading and even on the transaction.
Liquidity:
One of the best benefits of cryptocurrencies exchange and broker is available 24 hours, which makes it easy to buy, trade, and sell anytime you want to.
TOKEN ECONOMICS
Wyretrade is powered by PEPPER (“PEPE”) which is Stellar native utility token and will serve as the core collateralization and economic engine that drives spending & settlement in the Wyretrade ecosystem. The total supply is 350 million which will never be increased.
● NAME: PEPPER
● SYMBOL: PEPE
● TOKEN TYPE: STELLAR
● ICO TOKEN PRICE: 1 PEPE = $0.033
● FUND RAISING GOAL: 87,500,000
● PEPE TOTAL SUPPLY: 350,000,000
Token sale and distribution
Token Sale / Token Distribution / Token Stats
Funds Allocation
Road Map
2020 - Q1
Stocks market software development
Alpaca markets integration
Margin trading feature implementation
Fractional shares trading implementation
Fmpcloud market data integration
2020 - Q2
Crypto wallet development
Cold wallet implementation
Token listing 45+
Crypto exchange trading developed
Crypto payments completed
2020 - Q3
Xanpool integration
Onramper integration
Ramp integration
Swift blockchain integration
2020 - Q4
Peer to Peer prediction protocol developed
2021 - Q1
Creation of PEPPER
Implementation of PEPPER functions Staking and reward development completed
Registration with the SEC as an investment advisor
Register with FinCen
2021 - Q2
Apply for Licensing
Peer to Peer crypto exchange developed
Escrow development
2021 - Q3
Peer to Peer lending developed
2021 - Q4
Merchant payments developed
TEAM
BRIAN ZIFAC - CEO/CCO
NANHE JIN - CTO
JIN ZHE - FULL STACK DEVELOPER
AKANA DUPLEX - COMMUNITY MANAGER
TEMBONG FONJI - FULL STACK DEVELOPER
GAZI RAFSAN - WEB & GRAPHIC DESIGNER
For More Information Wyretrade project:
AUTHOR
Yoimamen2021
https://bitcointalk.org/index.php?action=profile;u=3332029
Wallet
GC3OYSEMSJNOSIFKDNXV7ZTIXLJPD4ET4HSQKO3DSJFPK2JFDDPSBPIO
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