trade.io announces safety results ICO Review, Smart Contract Audit & White Paper

Just prior to the launch of our ICO on 7 December, we’d like to proudly announce some news to display our tremendous attention to safety and security.

ICO Review Results:

Two of the most respected “watchdogs” in the industry, ICOrating.com & ICOtoinvest.com have given trade.io the highest ratings of any current ICO, which is truly an accomplishment. Both sites use extremely strict criteria when providing analysis, from safety of contract to viability of product.

Smart Contract Audit:

trade.io contracted an independent 3rd party company, Positive Technologies from the United Kingdom to perform a complete Smart Contract Audit. The results were nothing short of perfection which is a tremendous vote of confidence for trade.io’s smart contract developer, Mojoolr.

White Paper Analysis:

trade.io engaged with a top law firm in Switzerland to provide a final review on its White Paper prior to ICO. The law firm suggested two key modifications that we see as a tremendous benefit to our participants, both dealing with the liquidity pool.

a) The first modification was to eliminate the need to debit any clients liquidity pool allocation on days in which the liquidity pool incurred a loss. Instead, trade.io liquidity pool is implementing a high water mark, where profits are only allocated once daily high water marks are met. This benefits the participant in that they never have to have debits from their account, and trade.io essentially “shoulders” the negative days.

b) The second modification was to limit the amount that any one participant could allocate to a specific tier. This provides more of a level playing field in that it doesn’t allow any one person to “monopolize” a specific tier, thus making it much fairer for everyone.

These modifications and other minor modifications can be viewed in the current White Paper located at trade.io

We’d like to thank everyone for their continued support, and are so very happy to provide you with the above-mentioned events leading up to this most important ICO for the blockchain industry.