Decentralized Fintech Project To Build A Strong Financial Community
ABOUT
FINTECH PROJECT
RED BOX DAPP is a decentralized Fintech project, creating a decentralized fund solution to build a strong financial community.
DAPP TECHNOLOGY
With Dapp, rights and responsibilities are equal among members of the RED BOX community.
RED BOX COMMUNITY
Whoever or wherever you are, with your contributions to RED BOX you will receive commensurate values from the community.
EVOLUTION OF DAPP TECHNOLOGY
RED BOX TOKEN is considered as the main payment currency in the arounding ecosystems RED BOX CONTRACT.
Name: RED BOX DAPP TOKEN.
Ticket: RBD.
Total supply: 600 million tokens.
150 million Tokens sold ITO to create an initial fund and allocate working capital to create ecosystems around RED BOX.
150 million Tokens are traded on international exchanges.
300 million Tokens is operated under Smart Contract operating system and built surrounding ecosystems.
DAPP
DAPP (Decentralized Applications) is a decentralized application. Dapp was created as the continuation of Blockchain technology and smart contract.
RED BOX
RED BOX applies Dapp application based on MetaMask network directly connected to ETH smart contract.
API
With public APIs, other ecosystems can connect and develop on the main smart contract created by RED BOX.
DAPP TECHNOLOGY
With decentralized Dapp technology, everyone can actively promote their full potential and capacity as well as control their own privacy.
MULTI-ECOSYSTEM RED BOX
RED BOX AI is created with the goal: Whether the trader loses or wins, he can still keep their profits. RED BOX AI will read, compare and calculate. Then the system will statistic, ratios and spreads of all prices on the top 10 exchanges which have the largest trading volume analyze data continuously in second.
According to the reported data, RED BOX AI will make a decision to trade the same amount of money on at least two Exchanges at the same time with both BUY and SELL Comeinand so that when closing the comeinand, no matter which comeinand wins, RED BOX AI is also the one who gets profits.
Platform, protocol and Dapp
There are three forms in Blockchain projects: Platform, Protocol, and Dapp. All three significant differences in terms of tokens type, how it works, and purpose for the user.
Platform
- Blockchain Platforms are projects in which they build their own Blockchain platforms.
- Normally, these projects are designed as a platform that allows programmers to build their own Dapps on them (Dapp will be explained more carefully in the next part).
- The tokens created in platform is called the coin.
Protocol
The protocol is the group that develops the optimal protocol for a specific purpose. To make it faster, the creators of applications can use these protocols to develop their applications instead of starting from scratch.
Protocol projects will play as a middleman. Dapp projects that want to build on a Blockchain, they can use the services that protocol projects provide.
Crypto works within the protocol is called tokens because it does not own its own Blockchain.
Dapp
- Dapp – Decentralized applications: Applications that build on existing platforms & protocols. Dapps focus on solving problems in a certain field. The tokens will be used inside the Dapp
- Because Dapps are built directly on platforms, the nature of these decentralized applications will depend on those platforms. Dapps have been developing very fast in recent years. This Dapp plays an extremely important role in the success of Blockchain platforms. At present, Dapp is still new and is beginning to attract users.
Roadmap
2019
Q1 Researching the technology and completing the project operating staff
Q2 Researching ITO model and development orientation of ecosystem fund. Initializing the first ecosystem
Q3 Making the technology and related policies perfect
Q4 Publishing the project and issuing RBD tokens and developing the RED BOX fund creation project. Operating the RED BOX ecosystem demo
2020
Q1
05/01/2020 : Official opening of ITO sale, create conditions for RBD tokens owners community with the best price.
15/01/2020 : Officially operating the first ecosystem called IBET Gate, which allows owners to use RBD tokens to participate in smart betting games on Sbobet. Officially launched the Forex and Coin trading platform, which allows the trader to use RBD to trade and increase profits from live trading. Listing RBD tokens on two international exchanges connected from quarter II/2019
15/03/2020 : launching the second ecosystem, RED BOX became the first project in the world to raise funds and develop multiple ecosystems for users.
Q2
Expand funds, corporate with a 3rd partner to use RBD tokens as the officially traded currency.
Research the global e-commerce ecosystem, help communities buy purchase directly with RBD tokens.
Q3
Allows direct funding from Open Fund RED BOX for Start-Up projects that use RBD tokens as the official trading currency, while supporting Start-Up technology groups to have more opportunities to develop and help the RED BOX community have the opportunity to experience new and realistic technology platforms.
Q4
RED BOX will launch a consumer ecosystem that will allow you to buy items for 50% of the market price when paying with RBD tokens.
Promotion programs allow users to buy a 4-seater car at a price equal to 50% of the market price when paying with RBD tokens.
#Redboxdapp,#redboxpoc,#redboxtrade,#RBD
For More Information Click Links Bellow:
- Website: https://redboxdapp.co/
- Whitepaper: https://redboxdapp.com/page/project/Redbox-whitepaper.pdf
- Telegram: https://t.me/redboxdapp
- Facebook: https://www.facebook.com/redboxdappofficial
- Twitter: https://twitter.com/RedBoxDapp
Author: KHAN SHIQ QHEIL
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289