Equity Token exchange platform featuring a one of a kind revenue sharing model.
ICO dates
Start date: 2019-08-26
End date: 2019-11-24
Registrated in: Switzerland
Platform: Ethereum
PREMIUM ICO
Video
KYC passing required Yes |
Whitelist No |
Restriction for countries
Afghanistan,China,Iran,Pakistan,Singapore,Somalia,Syrian Arab Republic,USA,Yemen
Soft cap | 4 500 000 USD |
Hard cap | 24 000 000 USD |
Tokens for sale | 600000000 |
Token distribution in ICO |
Price | 1 SRX = 0.00025ETH |
Minimal investment | 0.00025 ETH |
Acceppting | BTC,BTH,DASH,ETH,LTC,XMR,XRP |
Soraix will provide our users with an unprecedented opportunity to share in our revenue. Holders of the Soraix Token will have the ability to trade their SRX Token using a 1:1 peg against Equity Tokens issued on our platform by companies raising capital, regardless of the value of either token. This model will provide traditional users with a one-of-a-kind model to share in our revenue. Corporate users, will have the ability to issue their own Equity Tokens on our platform, enabling them to raise capital at a fraction of the costs assocaited with an IPO. |
SRX Token search trends in Google
Contents
Our Mission
Problems we are determined to solve
2.1 Stock Markets & Fiat Currencies
3
2.2 Crypto Currencies
4
2.3 Crypto Currency Trade Platforms
5
2.4 Trading Platforms, And Their Offshore Accounts
6
2.5 Most Capital Is Available To Those Who Need It Least
6
2.6 After Hours access to Stock Market
7
2.7 General Public & Blockchain Technology
7
2.8 Transaction Speed
8
2.9 High Frequency Trading
8
Together, we will solve these challenges.
3.1 Stock Markets, Blockchain, and the Equity Token
9
3.2 Fiat & Crypto currencies aren’t that different.
10
3.3 Trade with those you trust.
12
3.4 Significant reductions in the cost of raising capital
13
3.5 Rendering After Hours Trading Obsolete
13
3.6 Any new tool, is only as good as the public’s ability to understand it.
14
3.7 The need for speed
14
3.8 Designed by traders...
Our Mission
Our mission is to radically transform traditional stock exchanges by tokenizing the exchange of as-
sets via blockchain technology. In doing so, we are determined to shift public perception of digital
assets in a positive direction, resulting in wider adaptation and stability in the industry.
“To invent, you need a good imagination and a pile of junk.”
- Thomas A. Edison
The older the industry, the greater the opposition to it’s incumbent. We make no reservations about
the challenge we face, or the magnitude of the problems we are determined to solve.
Problems we are determined to solve
“Problems are man made. Therefore, they can be solved by man.”
- John F. Kennedy, 1963
2.1 Stock Markets & Fiat Currencies
Innovations in virtually every industry are evident and ever present all around us. Nearly every
industry faces constant transformation as a result of the increasingly rapid rate of change provided
by new technology with the exception of one: the financial...
In fact, the alternative (crypto currencies), are generally backed by essentially the same thing: faith.
However, we’ll expand on that problem (and the solution), a little further.
2.2 Crypto Currencies
While the adaptation of crypto-currencies has been met with mixed sentiment, the technology upon
which they operate (the blockchain) sees few detractors. Blockchain technology provides as much
promise to solve many challenges facing us today, as the first electrical current flowing through Edi
-
son’s light bulb did in the late 19th century.
As you read this, blockchain technology remains in it’s infancy. The digital asset economy as a whole,
continues to experience exponential year-to-year growth and adaptation, exhibiting no signs of wa-
vering. Blockchain technology is poised to be among the most sought after transformative
advancements for nations in 2019.
4
...
While the crypto-currency market is now a multi-billion dollar industry, crypto currencies are only the
first of countless potential applications of the blockchain.
Applied to traditional asset trading (stocks, ETFs, derivatives, to name a few), blockchain technology
is likely to have the same potential effect on traditional trading institutions and mechanisms, as cryp
-
to currencies promised to have on fiat currencies. While the success of crypto currencies remains
a topic of passionate debate (a debate unlikely to be settled for many years to come), there is little
doubt that blockchain technology, applied to traditional stock and asset trading, has genuine poten-
tial to render the centuries-old stock market methodology obsolete.
The longer a system has been in place, the closer it is to becoming obsolete.
2.3 Crypto Currency Trade Platforms
A quick look at any ICO platform will reveal what appear to be a dozen new crypto exchange plat-
forms launching every day. The market is already saturated...
only slight variations.
2.4 Trading Platforms, And Their Offshore Accounts
Trust in many crypto-centric platforms leaves much to be desired. Most platforms are domiciled in
offshore jurisdictions (Seychelles, Isle of Man, British Virgin Islands, Caymen Islands , to name a
few) where regulations offer limited protection of user assets or consumer rights. As a result of the
relatively lax regulation of crytpo currency exchanges who prefer to bask in warm offshore sunshine,
many exchanges apply an almost casino-like approach to their platforms. Users are essentially en-
couraged to ‘invest’ without being provided sufficient tools or materials to fully understand the mar
-
ket. Platforms often focus on inducing trades (thereby maximizing profit yields from each trade) with
(one could argue) limited regard for whether or not many of these trades are actually in the user’s
best interest.
2.5 Most Capital Is Available To Those Who Need It Least
Private companies often face insurmountable chal...
2.6 After Hours access to Stock Market
“There’s only one moment in which you can arrive in time.
If you’re not there, you’re either too early, or too late.”
Johan Cryuff
Traditional stock markets are highly restricted by operating only during business hours, and in the
local time zone of the market in question. A trader, owning shares of a major public company, wish
-
ing to respond to market events in real-time must wait until the market re-opens, by which time the
opportunity to capitalize on events in question may have passed
2.7 General Public & Blockchain Technology
The rapid evolution of crypto related technology, greatly outpaces the ability of most people to un-
derstand this new marvel. The gap between crypto technology and the public’s understanding of
these systems continues to grow at an exponential rate. The greater the gap, the less likely it is the
7
...
public will fully embrace the technology. This is the primary barrier to wider adaptation facing block-
chain technology- one that Soraix aims to address via our platform.
2.8 Transaction Speed
As adaptation of blockchain and crypto currencies continues to grow, some elements of the infra-
structure are beginning to show cracks: namely, the speed with which transactions are registered on
the blockchain.
While detractors of digital assets focus only on statistics that support their anti-crypto narrative (for
example, dips in BitCoin value), they ignore the more telling numbers: the amount of crypto curren-
cy users (wallets) continues to experience exponential annual growth. In fact, it is entirely plausible
that a drop in the value of BTC, leads to a greater interest in the asset as each BTC becomes more
affordable. If purchasing one full BTC costs more than the purchase of a new car, it’s not at all un
-
likely that this leads to decreased interest in the asset. However, if the value of a BTC is...
Together, we will solve these challenges.
3.1 Stock Markets, Blockchain, and the Equity Token
The exchange of paper securities dates back to the 14th century, when Venetians would carry with
them slates of information related to the various issues for sale, issued by governments and trade
them with clients. Since then, a myriad of assets and securities have become available for trade via
countless exchanges around the world. However, the technology upon which these trades are exe
-
cuted and verified dates back to the middle of the 20th century.
Soraix will offer companies of all size, the unprecedented ability to raise capital by enabling them to
issue their own digital Equity Tokens on our exchange. For decades, the barrier to raise capital has
been insurmountable for most companies. Only a small fraction of the top companies have
sufficient resources to raise funds via an IPO
Soraix aims to change this.
Now show the same illustration above- just with the crowd and companies engaging toget...
SRX Token Roadmap
Q1, 2019
Market analysis. Initial concept
Q2, 2019
Company formation. Core-team assembly
Q3, 2019
ICO Deployment
Q4, 2019
Launch of MVP version of Soraix platform
Q1, 2020
Public API deployment
Q2, 2020
Social trading & mobile app launch
Q3, 2020
Dedicated ETO blockchain implementation