#THE Presale Closed
#THE is an open source, anonymous, community driven Crypto digital asset. As part of the #Thore projects long term visions we created our own exchange platform.
#THE is aiming for 1 million trades per day by the end of the 2nd year. The cash flow will be similar to stock exchange business. We believe that anybody can make Good profits in the crypto Tokens and digital asset market so we developed the #THE exchange with the most unique features.
Token & Digital Assets Trading PlatForm
Token Issuance & ICO Structure
Total 10,000,000 #THE
Token Type: ERC20 & Waves Blockchain Token
Maximum ICO Supply
(Hard Cap): 5000 ETH
Available for Purchase: 7000000 #THE
Price per token: $0.76 - ERC20 Token
Price per token :$4 Waves Token
Minimum QTY : 1500 #THE ERC20 Token
Minimum QTY : 250 #THE Waves Token
Emission rate: No new coins will be minted, created or mined after the ICO
ICO Period: 1May 2018- 30July 2018*
Waves BlockChain Token**
Token #THE will be created as an ERC20 compatible token on the Ethereum blockchain. #THE & #TCH tokens will be reuired for any and all THEX functionalities, deposits, withdrawals, transactions
As Thore Exchange will charge all fees in #THE #TCH, it will accumulate #THE over time. In order to reduce the #THE #TCH reserve that Thore Exchange will hold relative to the overall supply of #THE #TCH, Thore Exchange will implement a transparent and veried mechanism that destroys on each trade 25% of all #THE #TCH paid to Thore Exchange as a transaction fee. As a result, the supply of #THE will decrease over time as the activity on #THE Exchange increases, and the demand for each #THE will increase accordingly.
#TCH = Thorecash
** Phase 2 Waves Token
#THE combines features of both centralized and decentralized architectures in order to exploit the best of both worlds: USD/EUR Support+ strong authentication, simplicity, as well as transparency and fairness.#THE exchange has been split into two trading arms The first one will attempt to match any orders inhouse on the THORE exchange. The other trading arm continuously gets updates on both prices and transaction fees from a number of other "Partner" exchanges, and can automatically generate trades on them when necessary.
+ Market Maker
Ledger, Metamask, Parity, Mist
#THE is working on a premium hybrid exchange that incorporates a decentralized ledger within its proprietary centralized platform. It’s expected that THORE Exchange will bring large-scale crypto trading to a level of quality and transparency that has never been seen yet.
“The protocol itself is a semi-decentralized order matching protocol. Incoming orders and transactions are encrypted, timestamped and stored in a Blockchain, while order matching is made off-chain the decentralization of orders and transactions information allows for transparent price formation, transaction auditability and zero front-running. Centralization of order pooling and order matching leads to efficiency and scalability, bypassing current limitations.