A Candid Conversation with the Brilliant Jonathan Loi, Founder of Level01

It’s a tricky thing, tackling the financial trading world. 2018 witnessed the financial authorities tighten regulations, the rise of increasingly aggressive and prolific competition and profit margins being even more thinly spread. A place where huge trading volumes that represent the large asset classes of the world leading to high liquidity, geographical dispersion and non-stop 24 hour operations. The time has come for someone to open and liberate this complex and gigantic $1.2 quadrillion derivatives market to the general public.
“Listen” says Jonathan Loi Yeow Khoon, the Founder and CEO of Level 01 Technologies who have ran, run and done up a solution that holds the key to financial trading world’s salvation. “I enjoy participating in the financial trading world, but it was terrible. Brokers often hide various inexcusable practices such as price manipulation or hidden costs. There’s also that troublesome centralization of authority over assets.” Is there more? “I tried several broker app platforms for investment and speculation purposes, and realized that there was no platform to offer option contracts directly to another interested party, so that was when I decided to build Level01”
Now that the oblivious sentimentalists have stopped reading, we can get on to celebrate Jonathan Loi’s intelligent, sleek and data-driven new Derivatives Exchange dubbed Level01. Dapper and gentlemanly, Jonathan Loi is a visionary genius and inventor of few patented technology, successful entrepreneur, and astute observer of the blockchain, cryptocurrency and fintech industries.

“Want a virtual tour?” Hell, yeah! Into the Level01 system we go — “This is all cutting edge technology” — past a tight band of automated and efficient Blockchain settlement programs known as smart contracts (The way the smart contracts automate reminds us of soldiers working in precision!). Then we travel softly onwards past the impressive never-ending stream of live market data all verified by Thomson Reuters, and over to the prime collection of market asset variety that encompasses traditional and cryptocurrency market assets to whet any investor’s appetite — and no stone was left unturned — and we go past the AI analytics that enable fair price discovery to provide unparalleled trade matching experience. Up we went to a well-furnished virtual trade hosting room that supports LVX token staking mechanisms to enable hosts to earn commissions, and through the simple and sleek user panel, we see that the system allows traders full control over funds so that deposits or withdrawals can be instant. A gleaming wallet lies nearby, “I call it the Hotswap Capability Token Wallet” It’s as if the pin dropped when Jonathan Loi added with a grin, “It instantly changes platform native token to Bitcoin, Ethereum or even USD for more liquidity.”
“We’ve incorporated machine learning within Level01’s Ethereum Blockchain platform and have honed the algorithms to provide the best feedback analysis based on the large amounts of data provided” says Jonathan Loi. That tech-intelligence: it surpasses all the capabilities of Intel processors and our jaws dropped to Level01’s mighty capability to process an infinite amount of data, and update itself to further utilize the data obtained. “The system utilizes machine learning to balance the pricing of option contracts to be viable for both sides of traders in a trading contract. Since an option contract goes live and needs time to be matched by a counterparty in the marketplace, the AI dynamically updates the pricing according to market pricing movements to make it viable for both parties involved.” adds Jonathan Loi as he makes his way into his office.

Jonathan Loi personally handpicked and assembled his international team of experts in Quant Analysis, Big Data, AI, Neural Network, Derivatives Pricing & Risk Analysis, with the vision that Level01 will change derivatives trading forever. He spoke with ardent recollection, “Our mission was to provide a common community platform for traders to directly trade with each other. It was natural for us to work on tackling transaction and settlement challenges (among other challenges) when building Level01. We believe that when we bypass brokerage platforms that are disadvantageous to the traders, Level01 will affect the industry in a big way because we allow traders to receive the full benefits for their investments. The Level 01 team is composed of very experienced professionals in their respective fields. We also have the full support and partnership from big industry players like Thomson Reuters.” We listened in realization that Level01 might just be the biggest Fintech revolution to a gigantic market.
Out of the cacophony of keyboard taps and clicks, we retreat to a quiet meeting room where Herman Miller chairs deck a handsome meeting table. Jonathan Loi loosens his coat and relaxes on the chair. He beckons us to sit as he prepares to tell us about his past success on growing an Australian startup and taking it to public listing “AdvanceTC is an Australian technology company focused mainly on mobile communication devices. Growing a technology company from startup involved a lot of research and development of core products. We were careful to choose the correct technology adoption and spent considerable time identifying feasible market products because we believed it is crucial. It was also because we had budget constraints at the early life stages of the company. Later, our focus went to ensuring continuous product improvements. We then persevered to acquire key industry partnerships, investors and projects throughout the company’s life cycle.”
All very inspiring, but how do the challenges of AdvanceTC Ltd differ when compared to Level01, and do the two share common startup strategies? Jonathan Loi smiled “AdvanceTC Ltd is a hardware focused technology company, and in the mobile communication/IT devices segment. Since Level 01 is starting out mainly as a software technology platform, and focused in Fintech (Financial Technology), there are major differences in the challenges faced. For example, in AdvanceTC, choosing correct manufacturing partners, component and technology partners, such as chipset company, and production lead time, all affect the company because of its hardware based product background. Level 01 greatly differs in the sense that it is a software offering, thus challenges such as legalities and licensing issues become more pressing especially because of its involvement as a financial solution offering. But with Blockchain, everything is decentralised making this platform perfect to skip the red tapes.”

And what of the public itself? What will draw them and motivate them to trade derivatives? “There are a several golden eggs in the nest, we offer peace of mind through instant settlement, where assets can be immediately disbursed to the user.” Jonathan Loi takes sip of water and adds “Level01 is serious about being trustworthy, and we do that by ensuring fair market prices by feeding prices directly from main industry players like Bloomberg and Thomson Reuters. The system also enables all users to view interbank rates anytime.” There is twinkle in his eye as Jonathan Loi leans over to us to summarizes this biggest benefit “It is essentially peer to peer, meaning users do not have to worry about brokers benefiting from their losses. Their investments are 50/50 and all transactions transparent, secure and utterly trustworthy on Level01” This must be a financial trading enthusiasts’ Utopian dream, with AI assistance, fair pricing, credible data, low fees, instant settlement, all within the immutable and impenetrable Blockchain, there may be no limit to what users would be willing to take a risk with. Welcome to Level01.
Read more about Level01 and participate in our ICO. Visit our website or get in touch with us through any of our social media channels!
Website: https://level01.io/
Facebook: https://www.facebook.com/level01platform
LinkedIn: https://www.linkedin.com/company/level01io
Twitter: https://twitter.com/level01io
Telegram: http://www.t.me/level01ico
#Level01 #LVX #ICO #Blockchain #ERC20 #Derivatives #Futures
