Escrow on blockchain platform Serenity leaves on ICO

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25 January 2018 blockchain platform Serenity announces the start of the main round of the ICO, which will last for six weeks — until March 7. In the course of the ICO project, investors have the opportunity to purchase tokens at a discount of 40%.

Preliminary stage the ICO has already brought the project of $524 790.

Vasily Alexeev, one HUNDRED and Serenity:

«During Pre-ICO we have received feedback from our investors, including constructive criticism. We carefully worked as to improve the website and overall positioning, making it more understandable for all market participants. The results speak for themselves: at the moment we have received a large number of applications for participation in the ICO, and the community actively supports the idea of the project».

Serenity is the first escrow on blockchain platform for financial markets. Its main objective is to protect investors ‘ funds from fraud and interference in trade. The platform operates on the basis of smart contracts.

The project includes several functional modules:

  • Escrow;

  • Recording transactions in the blockchain;

  • Verification of quotations and exchange.

For a basis was taken the requirement of the British regulator FCA on segregation of funds, when customer deposits are held separately from company funds, and translated into the language of the blockchain.

The idea of recording the transaction in the blockchain also arose under the influence of traditional regulations, in particular EU legislation (MiFID II and EMIR), which are required to report for each trade transaction, however, there are difficulties in efficient and reliable storage. Serenity decided this complexity.

Also, the project will be implemented a private exchange for quick logon Serenity and purchase the cryptocurrency, which, according to the plans, will be launched in may 2018. With the prototype already available on the website.

The company plans to raise $19 million to develop the project. The launch will be divided into stages.

The base price of the token is the Serenity 0.0001 ETH. Stock Ticker SRNT. Output the token on the exchange is scheduled within a week after completion of the ICO (March 7).

At the time of writing press release the token SRNT salistie exchange Yobit. Negotiations are ongoing with several exchanges.

The project was supported by major brokers of the industry Forex and binary options such as Iqoption, Liteforex NordFx, and founder of Tools for Brokers Inc., Aleksey Kutsenko, Advisor ICO project founder AtoZForex Yagub Rahimov and many others.

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