Hybrid crypto exchange based on the industrial infrastructures of traditional stock exchanges

Review for Qurrex ICO

Pre sale – Feb 27 – Mar 27


Idea & Token

Qurrex is aiming to combine industrial infrastructures of traditional stock exchanges with the first decentralized network to create a hybrid crypto exchange. The team has excessive experience in creating and running high-loaded platforms at traditional stock exchanges. The system is supposed to handle up to 70,000 transactions per second with latency of 650 microseconds at 99%, and it’s regularly tested not only by the team, but by the clients as well.
Each user’s account is effectively managed, the processes are regulated with rigorous standards. Just include your trading account in the Qurrex ranking system and be sure you will receive income via the trade signals. The platform has a private marketplace and an advanced training portal with a knowledge base, forum, and chat messenger.
The team is planning to provide liquidity of the company by cooperation with major liquidity and a sufficient liquidity fund. The functionality of the system includes algorithm-based trading embedded into the GUI, auto-copying of different trading signals, variety of analytics tools and charts. The Qurrex API uses a fixed, fast binary native web socket and REST software. It’s important that the company stands for total transparency by disclosing with clients the maximum formalization processes, financial accounts, and an annual business audit.
The blockchain technology will be used to ensure secure storage, eliminate intermediary and provide aggregated liquidity from all network nodes, including the centralized node (centralized exchenge).
Qurrex’s native ERC-20 token called QRX is a utility token and will be used as a payment unit for any services, for discounts off the exchange fees, and for the rights to create confirmation nodes. The total supply of the token is 70 million, 55 million are for the ICO, including 17 million for pre-sale.

Team

The core team includes 15 specialists, most of them are IT professionals, but the team also have people experienced in finance, exchanges, law, and advertising. The founder and CEO Matthijs Johan Lek has more than 20 years of experience in finance (investment banking, brokerage, and business development).
He is also leading a superior team of traders and advisors actively trading on the cryptocurrency market for the last few years. They also have 8 advisors, top-professionals in finance, blockchain, trading systems and services, marketing, and legal sphere.

Summary

An interesting idea of creating a decentralized network on the base of existing traditional exchanges can shoot, because they don’t need to create everything from scratch, the base is already there, and what is left is to add features of a decentralized platform. The team looks solid and experienced in creating systems of that kind. What is important is their intent to make all the processes transparent, fair, and open. Just recently they launched CEX matching module for load testing, you can join this campaign. The team also established several partnerships with other companies. Again, we see the main challenge in beating other competitors trying to create exchanges for crypto assets.

The first attempt to create a hybrid exchange for cryptocurrencies on the base of existing traditional exchanges. And the attempt is promising to become successful.

Average rates for the project

4.5 / 5
Rating
5
Team
4
Vision
5
Product
4
Hype
-
-
-
4.2 / 5
Rating
4.4
Team
4.1
Vision
4.1
Product
-
-
-
-
4 / 5
Rating
3.8
Team
4.1
Vision
4.2
Product
-
-
4.5
Potential
-
-
-
-
-
-
-
-
-
9.2 / 10
Rating
10
Team
-
8.3
Product
-
-
-
10
Finance
Medium
Rating
-
-
-
-
-
-
-
4.3 / 5
Rating
4.5
Team
4.1
Vision
4.4
Product
4
Hype
-
4.5
Potential
5
Finance

Qurrex ICO datesexport to calend


Whitelist
12.11.2018
12.11.2018
KYC
12.11.2018
12.11.2018
PreICO
12.11.2018
12.11.2018
PreSALE
12.11.2018
12.11.2018
ICO
12.11.2018
12.11.2018
12.11.2018
12.11.2018
12.11.2018
ICO
Jun. 10, 2018 — Jun. 30, 2018

Funding

Token
QRX
Price on ICO, usd
800 QRX = 1 ETH

About Qurrex

Our team is developing the first multifunctional hybrid cryptocurrency exchange ecosystem by combining a centralized industry platform with a decentralized blockchain protocol in which the centralized exchange will serve as one of the nodes.

We are creating the next-generation Etalon platform, which will win the trust of professional stock exchange players by substantially increasing the market’s liquidity and supplying a new standard set of exchange products. By 2020, these should be at the disposal of all our market colleagues.

The product’s key functional capabilities are as follows:
• A highly secure, high-performance hybrid architecture supported by an independent technical audit
• A broad functionality that satisfies the demands of users of any level
• Maximum transparency for users: an independent audit, publication of financial accounts, maximum
formalization of all processes
• Payment gateways for depositing and withdrawing fiat money
• An advanced interface that is highly customizable and comes with an advanced API
• A platform for social trading and investing with its own marketplace
• Fast and responsive multilingual user support operating 24/7.

Thanks to its unique set of features, our project will become one of the leading gateways for the mass entry of professional institutional stock exchange players into he crypto-economy. At the same time, we will providing a high-quality exchange and trading service to current members of the crypto-community who are currently experiencing difficulties with existing solutions.

Thus, our solution is aimed at a wide circle of users: from investors who have only just entered the market and want to acquire cryptocurrency for the very first time, to big brokers and institutional investors. Currently, the development status of the project’s separate modules varies from 20% to 65% completion.