BitMart – A premier professional digital asset exchange platform, designed for both individuals and institutions

Trading businesses are at risk of losing market share to fintech startups that are building innovative software products with rich, frontend experiences. In order to remain competitive, trading businesses must develop real-time software applications that delight users and increase the efficiency of backend operations. This is not possible without timely access to the data that powers these applications, and many trading teams still do not have access to the data they need, when they need it. Critical business data is scattered across siloed systems and multiple lines of business. This empowers developers to build the kinds of real-time applications that make their organizations more competitive and more efficient.

As a global integrated trading platform, BitMart provides diversified system functions including spot trading, futures contract trading, and over-the-counter trading. The company is able to satisfy the needs of numerous investors. BitMart's trading system has a robust security mechanism and reliable underlying architecture, which provides investors with a dependable trading experience. Besides, its unique online trading model efficiently matches the market depth of major exchanges all over the world. Relying on the whole network trading system, it believes the BitMart platform will become the largest liquidity provider of digital assets in the world.

Traditional Project Fundraising

The ICO boom of 2017 taught us many things. It taught us that if anyone wanted to launch a project and needed funds, they could hold an ICO and solicit ETH contributions from investors. Successful projects often rewarded investors with hundred-fold returns on their investments, while failed projects could result in the loss of all invested funds. Project investments became a game of trial and error with investors literally throwing money at anything and everything, hoping that one project out of many would eventually succeed.

This approach is clearly inefficient and is very faulty. First of all, the success or failure of projects is often only apparent after several months, or even years, of the project launch, and generating the widespread media attention needed to successfully raise adequate funds is another challenge facing small-time project leaders and core developers. This is why BitMart, under the leadership of Sheldon Xia, is taking a more creative approach to the problem and is thinking outside the box to tackle issues of investor returns, democratic project selection, and exposure to new and improved fundraising sources.

Innovations in Exchange and Fundraising

Succeeding in the blockchain and crypto-asset trading spaces take more than charging high transaction fees and growing trade volumes. In fact, recent innovations in the online cryptocurrency exchange space have led to the development of several new models for improving the efficiency and fairness of token trading and investment. One of these innovative models, popularized by FCoin, an online cryptocurrency exchange, is the transaction-free trading model, in which the trading platform reimburses 100 percent of users' transaction fees incurred the previous day in the form of native tokens. This new approach by BitMart to online trading has not only received widespread attention, but it has opened the door to new ways of doing things, ways that benefit individual traders and private investors instead of large, established companies and platforms.

The Community Listing Market

BitMart is pushing the envelope to create new ways and opportunities for blockchain projects and cryptocurrency initiatives to generate the funds and growth they need to bring meaningful change to the world. A large and established online exchange that has a user base of almost 500,000 and supports over 50 trading pairs, BitMart provides users with cutting-edge trading tools in Bitcoin, Ether, Tether, NEO, OmiseGo, VeChain, EOS, and more, in the form of spot trading, OTC trading, and cross-network trading as well. Projects that do reach the 1 million BMX mark, however, are immediately listed on BitMart as a trading pair against BMX with a trading fee of 0.1 percent.  Transaction fees generated by each pair are distributed to the project's supporters on a daily basis. Projects whose investments fall below 1 million at any time are issued a warning and are given sufficient time to raise funds once again.

In summary, this new way of fundraising allows projects to raise funds from supporters in the form of BMX and use to list their tokens on BitMart as a BMX trading pair, and all transaction fees that the BMX market generate go directly to the users who supported the project, with successful projects entering BitMart’s main trading markets.

About | Sheldon Xia

Sheldon Xia, Founder & CEO of BitMart, believes that having blockchain projects and initiatives that are community-driven and are voted on democratically provide the best chances of success in the long term. Mr. Sheldon Xia's vision of community-driven trading platforms that combine the positive synergies of token economies with online exchanges are where the future of cryptocurrencies lie.

As a pioneering visionary in the online crypto exchange space, Mr. Xia understands that delivering user benefits is priority #1. Towards that end, Mr. Xia believes that the benefits of using a community-driven token listing and project investment initiative as outlined above will revolutionize online crypto-asset trading as we know it.

"We believe, the decentralized digital currency will reshape the global economic fundamentally, such financial freedom would bring further economic innovation, efficiency, and equality to the world."