ParamountDax
ParamountDax
Token: PRDX


The creation of a technological platform, able to exchange Cryptocurrencies, with daily profit investment.

PreICO dates
Start date: 2019-05-18
End date: 2019-06-23

ICO dates
Start date: 2019-06-24
End date: 2019-08-19

Registrated in: UK

Platform: Ethereum

PREMIUM ICO

ParamountDax categories
Finance
ParamountDax whitepaper
Video
ParamountDax token sale
KYC passing required Yes | Whitelist No | Restriction for countries USA
Soft cap 1750000 USD
Hard cap 9310000 USD
Tokens for sale 75000000
Token distribution in ICO
75
75
Price 0.15 USD
Price in PreICO 0.15 USD
Minimal investment 75 USD
Acceppting BNB,BTC,DASH,ETH,FIAT,LTC,NEO,XRP
ParamountDax aims to provide a sophisticated trading platform that really caters to the needs of the crypto community by offering intuitive user interface, instant liquidity, multilingual and real-time customer support and by enabling seamless, secure and risk- free trading opportunity at minimal fee.
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Random whitepaper excerpts

Abstract
ParamountDax is a Fully - Developed from the scratch, ready-to-use product implemented as a
modern-age crypto trading exchange. It aims to revolutionize cryptocurrency trading by serving
as an ideal platform for crypto-to-crypto and crypto-to-fiat trading while also solving the issues
faced by today’s crypto industry. ParamountDax aims to provide a sophisticated trading platform
that really caters to the needs of the crypto community by offering intuitive user interface, instant
liquidity, multilingual and real-time customer support and by enabling seamless, secure and risk-
free trading opportunity at minimal fee. This Whitepaper gives a detailed account of how we aim
to disrupt crypto trading by providing a cutting-edge crypto trading exchange. It aims to
demonstrate how we are using our team’s expertise to make cryptocurrency trading simplified
for everyone.
Table 1
Symbol
ICO Start
ICO End
PRDX Token Supply
Tokens For Crowdfunding
ICO Soft Cap <...

Daily-Profit 46% to PRDX Holders
PRDX Token will be sold to supporters of ParamountDax Exchange, giving them a Daily profit.
ParamountDax will pay 46% of all Trading Fee's charged by the platform as a Bonus reward to
the PRDX . As an example, for every $1000 /in corespondent Cryptocurrencies the Exchange
make from the Trading fee (PRDX Token) owners will get $460 corespondent PRDX token to
share split between all PRDX Token holders.
The Initial Amount of the TEAM and ANGEL INVESTORS would not be calculated in Daily Profit
Shares. ParamountDax will be utilizing 46% of all trading fees earned by the exchange to buy
back PRDX from the market and then redistribute the PRDX back to the users.
Basically Bonus are based of PRDX holding and the Level line shown bellow on Table2.
Conditions to participate: Own PRDX Token and hold them for at least 24 hours in the
wallet.Once 24 hours has past you will be rewarded with your bonus, it is calculated at 11am
(UTC +1) and sent the day after at 10 am (UTC +1)....

• So Now lets calculate total tokens Gained for each package
Silver Line
Gold Line
Platinum Line
Black Line
5.780
5.780 + 3.082
5.780 + 3.082 + 3.236
5.780 + 3.082 + 3.236 + 3.700
= 5.780
= 8.862
= 12.098
= 15.798
PRDX
PRDX
PRDX
PRDX
• Let’s say that circulation supply is 80.000.000 Token Between Silver Line, Gold Line, Platinum Line, Black Line. The
Software of ParamountDax will Detect exactly how Many wallets (Number of tokens) are:
in Silver Package, How many in Gold Package,How many in Platinum Package, How many in Black Package.
Lets presume that Black Line has total of
Lets presume that Platinum Line has total of
Lets presume that Gold Line has total of
So the remaining in Silver Line is
10 M tokens
15 M tokens
20 M tokens
35 M tokens
• Now total tokens obtained for each package should be divided by Circulating Supply for every Package(4Packages).
This way we will get...

Latency problem
Various crypto news and community forums have reported that the differences in connection
quality have made trading a difficult and often unfair endeavor in existing exchanges. Usually,
automated trading bots having good connections can see order books faster and therefore
react efficiently, thus getting unfair edge over normal users. The problem is particularly acute
during rallies when exchange throughput limits are reached. As a result of the uneven playing
hold created by
Low - latency traders, institutional investors may choose or be forced to avoid investing in certain
parts of the market because they cannot receive the guarantees they need for fair and
transparent price discovery and execution. Also, there are slippage problems caused by lack of
liquidity.
• Liquidity issues
Liquidity is one of the major issues faced by crypto trading exchanges, especially those having a
limited user base. Moreover, during a surge of volume across the cryptocurrency trading
...

• Unfair listing and monetizing policies
Major crypto exchanges have adopted business models that simply consider listing new tokens
on their platforms as an opportunity to capture as much money as possible. Today, there is a
multitude of crypto trading exchanges that charge a project up to hundreds of thousand US
Dollars - or more than 100 Bitcoin - just for the sake of listing an ICO or listing a crypto token.
Next come the massive fees that are charged from traders while executing a trade.
• Poor customer Support
Delayed customer support tickets, unavailability of enough support staff and
Unprofessional behavior from customer support representatives are other issues crypto
exchange users have to often face. A simple ticket can take up to a week during which - given
the utility crypto market has got - prices can change drastically. This leads to severe financial loss
for a user.
• Limitation on trading activities
The majority of crypto exchanges today provide only the basic features...

ParamountDax solutions to the problems
Security issues solved
We follow a two-way approach to ensure the security of both users and the
exchange.
The steps we have taken in this regard are:
- ensuring
user security
- ensuring
exchange security
• User security
Some of the protocols for user security are:
1. Two-factor authentication
In order to log in to the ParamountDax website, a user won’t be allowed simply through a ‘login
+ password’ access type. ParamountDax will enforce a secure 2FA protection for the client. By
default, weak 2FA like OTP/Google Authenticator / SMS won’t be authorized or will be only
temporarily tolerated, since these methods are vulnerable to phishing attacks. This way, similar
attacks to the one on Ether Delta will be avoided.
2. Password strength assessment
In order to ensure the password remains as strong and difficult to guess as possible, users are
allowed to generate passwords that exceed the minimum of 8 ch...

5. IP address validation on withdrawal
For every new withdrawal, a user needs to validate their IP address through the registered email.
6. Email notifications
For every login, successful or not, a user is notified via email. Similarly, a withdrawal is also
notified via registered email.
ParamountDax Section (Security Setting)
• Exchange security
1. Secured protocol
ParamountDax has implemented security protocols such as: Secure Header on HTTP Request /
Response such as: X-Frame-Options, X-XSSProtection, HTTP Only, Set Secure flag.
2. CSRF protection
Cross-Site Request Forgery (CSRF) protection for victims of fraud will be reported to the
Administrator.
https://mtr.mkm.ee/taotluse_tulemus/493034
https://mtr.mkm.ee/taotluse_tulemus/493032
Whitepaper 1.6
8
...

3. Avoid suspicious
Suspicious users will be prevented by the xss-clean method which also prevents the malicious
file from uploading.
4. Authentication & detection
Authentication & Detection will be provided by ParamountDax to make the
transaction fulfilled by the participators to the trade.
5. Prevent DDoS attacks
The DDoS attacks can be prevented using periodic penetration testing,
Custom WAF rules, security notifications, etc.
6. Secure web services
ParamountDax will offer a highly available and customized DDoS shielded hosting solution with
network and application-level firewalls.
ParamountDax will use secure HTTP headers like HSTS to enforce TLS encryption, and keep the
passwords salted and hashed.
7. Security audits
In order to ensure maximum security of the exchange, ParamountDax will conduct a periodic
security audit so that vulnerabilities are avoided.
For trader’s patience, we will sign a regular contract with some External Audit Agency.

ParamountDax Roadmap

1
Q3-Q4 2017
Idea conceptualization and research. Team hiring
2
Q1-Q3 2018
Team expansion. Wallet development started
3
Q3-Q2 2018
Platform Development started
4
Q3-Q4 2018
PRDX campaign initialize. Website launch. Smart contract and token creation
5
Q1-Q2 2019
Pre ICO Sale. Community development started. Whitepaper release V.1.6 Main ICO sale. Participation in major crypto and blockchain events and conference
6
Q3 2019
Token release. ParamountDax exchange release
7
Q3-Q4 2019
iOS app development started. Android app development started. TFC (trading from chart / advanced) release
8
Q4 2019
Mobile version release iOS/Android
9
Q1-Q2 2020
Merchant agreements. OTC section release
10
Q3-Q4 2021
Dedicated blockchain release. Decentralized exchange release
Fabio Doria
Team member Fabio Doria CTO / UX Designer

Vijay Sharma
Team member Vijay Sharma Marketing manager

Andrey Romanov
Team member Andrey Romanov Community manager and data analyst

Massimiliano Zanotelli
Team member Massimiliano Zanotelli Operations Maintenance Director

Cosmin Harangus
Team member Cosmin Harangus Technical advisors Software developer / Full stack developer

Darius Cupsa
Team member Darius Cupsa Full stack developer Technical advisors / Software developer

Andrey Romanov
Andrey Romanov
Community manager and data analyst
Community Development Manager, Russia
MARKETING MANAGER RUSSIA & CIS
ICO Trackers Manager
Community Lead (RU)
Community Support
Marketing Specialist
Marketing Specialist
MARKETING MANAGER RUSSIA & CIS
Community Development Manager, Russia
Crowdfunding Advisor
Vijay Sharma
Vijay Sharma
Marketing manager
Senior Android Developer