AllStocks ICO — Lets join now!!!

4 min readApr 6, 2018

The ALLSTOCKS Network is a distributed global stock exchange platform
which aims to interface with all major stock exchanges and stock brokers around the world. It also allows the trading of crypto tokens backed by real financial assets. The network will create a decentralized system, which will allow all stakeholders trade with its ERC20 standard compatible token.

ALLSTOCKS exchange network, with strong geographic reach and influence can be progressively developed to strike a partnership agreement with existing exchanges and brokerages. As a result of the partnership, ALLSTOCKS can house some of its fiat reserves with such exchanges to reduce significantly the transfer times and fees while providing these exchanges the much needed liquidity.

SYSTEM ARCHITECTURE

Cryptocurrency Exchanges
The cryptocurrency exchanges will play a critical role as they provide users with digital wallets and fiat currency accounts in their local currencies. Well, these services aid users to buy, transmit and sell such cryptocurrencies as well as provide the needed framework for users to convert cryptocurrencies to fiat currencies and vice versa.

Tethered Tokens
Well, tethered tokens are necessary to create traditional tokens with real financial assets backing. Also, for every traditional asset held on the Blockchain, the token is minted. This, in turn, ensures that whenever these underlying assets are sold, the token is automatically destroyed.
Transfer of Ownership
Upon issuance of tethered tokens, all the underlying assets can be traded with matching cryptocurrencies. The steps of performing this operation are outlined below:

User sends fiat currency to the stamper
The stamper Okays and returns the ALLSTOCKS tethered token.
User can trade or hold those ALLSTOCKS tethered tokens.
Then, the user redeems his tokens.
Finally, the stamper sends fiat currency to user’s account.

Fees
Fees always apply whenever digital and traditional assets are transferred, and these fees must be accounted.
Regulation
Any on-chain transaction that is used to denote an off-chain transfer of ownership must be managed accordingly and will also satisfy both local and foreign regulations.

HOW IT WORKS

Buy AllStocks Token
A Real asset in the real world backs this special issued token,, it can be stock, bond, future or any other tradable asset. AllStocks will hold this asset in a trusted, transparent, open and regulated manner. The token value will always be matched to real asset value as it can be liquefied at any time.
Trade your backed Tokens
All issued tokens are compatible with ERC20 standard, which means you can trade it anywhere and anytime on all Crypto Exchanges. You can invest in other AllStocks backed token and build your perfect portfolio. Cutting down all middle man fees and broker/banks payments.
Liquefied your tokens
At any given time, you can liquefy your tokens on AllStocks trading Platform. The platform will then burn the token and transfer the asset or it’s equal market value back to your account.

All-Stocks Network ROAD-MAP

Q4 2016: Ideation of All-Stocks concept, project plan elaboration

Q1 — Q2 2017: Preparation and start designing All-Stocks Network prototype

Q3 — Q4 2017: Development of All-Stocks Network trading prototype and core platform infrastructure

Q1 — Q2 2018: Preparation and start of crowdfunding via Token Generation Event

Q3–2018: End development core platform infrastructure including interface API

Q4–2018: Brokerage and major stock exchanges integration, launch production level trading application

Q1–2019: Beginning of worldwide marketing campaign

Q2–2019: Continuous stock exchanges and brokerage integration worldwide

TOKEN SALE

Total tokens supply: 50,000,000 AST tokens.
In current sale AllStocks will allocate 25,000,000 AST tokens. Sale is split into three stages each with reduced exchange rate that represents an early investment bonus.

AST Token prices
- April 15 — April 30 (Stage one): 625 AST = 1.00 ETH (25% Bonus)
- May 1 — June 15 (Stage two): 550 AST = 1.00 ETH (10% Bonus)
- June 16 — June 30 (Stage three): 500 AST = 1.00 ETH (No Bonus)
Token Sale Timeline
- Announcement: March 1
- Public Presale Start (Stage 1): April 15
- Public Presale End: April 30
- Public Crowdsale Start (Stages 2 & 3): May 1
- Public Crowdsale End: June 30
- Finish Token Distribution: July 15
- Start Trading: July 31