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Loopring

Ended
Ended: Sep 16, 2017

Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future

Decentralized Exchange and Open Protocol

Website

loopring.org

Not Verified

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ICO Details

Ticker Symbol:
LRC
Platform
Ethereum (ERC20)
Hard Cap:
120,000 ETH
Country:
China

Public Crowdsale

Ended
Date Sale:
Aug 1, 2017 — Sep 16, 2017 @ 46 days
Sale Avalable Tokens:
13,950,760,545,239 LRC

ICO Overview

Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future

About Loopring Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially raising the liquidity of cryptocurrencies, we are building the financial system of the future. Zero Risk Loopring does not require members to send tokens to exchanges for custody. Tokens always remain in their blockchain addresses during the whole transaction life cycle Members can even transfer their tokens around after orders are submitted - Loopring will automatically adjust trading amount at the initial price. Loopring protects members from threats such as exchange bankrupcies and DDOS. Decentralized Orders are automatically executed while trade’s funds remain under their control in a decentralized smart contract on the blockchain. Order Sharing Loopring mechanism allows to order break into small pieces, identifies the best exchanges and times to trade those pieces on, and applies game theoretic logic to optimize trading results. Loopring can also well protect trading from DDOS attack. Ring-Matching Loopring is a decentralized, automated trading intelligence interfaces between crypto exchanges and blockchains, using our balance sheet to enable users to realize liquidity many times greater than available directly in the market, by both generating liquidity within the platform and breaking orders into small pieces that are placed across all market venues simultaneously. Cross-chain protocol Loopring was designed to be blockchain agnostic. As long as a blockchain has smart-contract support, Loopring can be implementd, and all ERC20-like tokens on such a blockchain can be traded under Loopring.

Team

Jay Zhou
CMO
Daniel Wang
Founder
Johnston Chen
COO

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