AND START FOR SALES OF MALLCOIN TOKENS ON THE INNER SERVICE
Immediately after the launch of FLOGmall and the start of sales of goods and services from individuals or online stores, ordinary users need to purchase Mallcoin tokens.
The reason is that despite the absolutely free logon of users to the site and the possibility of free ad placements, the number of such ads is limited.
This applies to both online stores (professional sellers) and private sellers when selling certain goods and services.
In the process of work, users will need to purchase services to promote their online store and/or a private ad.
With the popularity of the site, the need for tokens will be increasing day by day. Demand for tokens will be directly proportional to the demand for site services, which is achieved through international marketing and promotion of the site, as well as its mass popularization.
Thus, immediately after the start of FLOGmall, the market will need to purchase Mallcoin tokens.
1.From the early holder of our tokens at a more favorable rate.
2.From the FLOGmall site at the official rate.
3.On the crypto-exchanges (Bittrex, Bitfinex, etc.).
Earlier it was pointed out that the main idea of launching ATES is a quick and guaranteed sale of Mallcoin tokens from the early holders of our tokens. Therefore, immediately after launching the site, we offer users 2 options for purchasing Mallcoin tokens:
The release of the token to the exchanges will occur gradually within a few months after the launch of the site.
LET'S GIVE MORE DETAILS FOR EACH OF POINTS.
The purchase of Mallcoin tokens on ATES from the early holders of our tokens:
Principle of operation.
With the opening of the FLOGmall site, the official exchange rate for the sale of Mallcoin tokens by our system is set at 0.001 Ethereum or 0.3 $ (if you are still used to making calculations in fiat money).
At the same time, we begin to accept the applications for the exchange of Mallcoin tokens from early holders. Each early holder has the right to exchange any number of tokens that he has, and also set any exchange rate and set the type of cryptocurrency he wants in exchange for Mallcoin (for example, Bitcoin, Ethereum or any other cryptocurrency of more than 1000 tokens).
Each application that is placed on ATES is assigned a serial number so that each early holder can track his application on the exchange list. Applications are ranked according to:
- rate of application;
- application date;
- application time.
Thus, for the early holder of our tokens, it will be possible to make an application at a lower cost - for a quick profit, and to indicate a higher cost and get even greater benefit over time.
When applying with the same rate, the first in the list of applications for execution will be one that was published earlier. With the same date and time, counting is carried out to milliseconds.
For convenience of displaying and tracking of applications, they will be filtered according to the following parameters:
- rate of application;
- application date;
- application time;
- the type of the application's cryptocurrency;
- the number of Mallcoin tokens to be exchanged.
Filtering allows the user to display the Mallcoin exchange rate for the various cryptocurrencies filed in the applications by early holders, and determine for yourself the most profitable rate.
Formation of the internal rate of the early holders is according to the laws of the market.
Let's try to understand what are the options for forming the internal rate of the system. Despite the fact that each early holder has the right to establish a rate for the exchange of Mallcoin at will, there are the main factors from which to start:
1.Early holders will not want to sell their tokens below cost.
It means that the rate will initially be given a lower sales level, equal to 0.0001666666667 Ethereum or 0.05$.
Exceptions may be the situations where:
1.1. The early holder urgently needed to return his/her digital assets due to circumstances. In order for his application to be executed first, he deliberately underestimates the exchange rate of his/her Mallcoin tokens.
1.2. The holder of our token, exchanging Mallcoin, did not purchase them at the pre-ICO and ICO stages, but got it thanks to our drawings or bonuses, and as a gift from any holder. But the number of such tokens is insignificant, which will lead them out of the turnover very quickly.
There is an official exchange rate for Mallcoin, equal to 0.001 Ethereum, and the system will NEVER trade Mallcoin for a lower price.
Due to this, we can preliminary designate the internal rate within the range from 0.0001666666667 to 0.001 Ethereum. It is reasonable to assume that each early holder seeks to maximize the return on his/her investments, and therefore the Mallcoin exchange application rate will tend to the upper value set by the system itself and equal to 0.001 Ethereum.
The additional factor affecting the high rate of the Mallcoin course will be the fact that the number of site users will increase every day, and, consequently, the turnover will increase. More and more sellers will need to purchase Mallcoin tokens, which means that the exchange of tokens on ATES will be accelerated. Accordingly, it makes no sense to deliberately underestimate the course in favor of early execution of the application.
Due to the fact that, after entry to the exchanges, the need to purchase Mallcoin tokens will not be limited only by the number of FLOGmall users who need to purchase the services of the site, there is a great chance that Mallcoin cost may increase many times over the official Mallcoin exchange rate at the FLOGmall site.
This factor can keep many holders of our tokens from the early exchange of their Mallcoin at ATES. Due to this, the internal rate of Mallcoin will tend to the upper value set by the system itself.
Mathematical relation of the rate of gaining a potential return and various parameters.
Fundamental formulae of calculations and cnditions:
b) P= Pof(lim)/Pico>1;
c) A=а Pof(1)=b Pof(2)=...=x Pof(n);
where V – rate of gaining a potential return;
Pico – Volume-weighted average price of selling tokens at the ICO stages;
Pof(1)... Pof(n) — official price of a token on the platform;
A — average fiduciary (competitive) cost of the paid service - constant;
а, b … x – inversely proportional correction factor of the condition (if the token cost increases, the service cost is inversely proportional);
K – average number of paid services per user of the platform;
N – number of the platform users;
T – time span for gaining a potential return (time unit);
P — potential return of initial tokens holder Pof (lim) - the price of a token tending to the official rate (the price of a token indicated when the holder sells tokens on ATES).
a) the rate of gaining a potential return is directly proportional to A, K, N, Pico, and inversely proportional to Pof (lim), V;
b) potential return of the initial token holder will tend to a value greater than one. For example, V=2 means X2 or 100%, V=3 means X3 or 200%, etc.;
c) platform condition – if the token cost increases, the fiduciary cost of the service is inversely proportional.
It may be concluded that:
- With the increase in the official rate Pof, the rate of gaining the potential return V decreases, but the potential return of the initial tokens holder V increases.
- The key task for increasing the rate of gaining a potential return V is optimal monetization of the platform sum (A*K) and the maximum increase in the number of the platform users N.
In order not to restrain the growth of the value of the token and to generate interest from the holders, an increase in the official rate will take place on schedule or when ATES ends with exchange tokens (this will indicate that early holders want to exchange tokens at a higher cost).
3.Entry to the exchanges
After Mallcoin's entry to the exchanges, the official exchange rate will be floating and equal to the maximum price among all exchange rates (this will be implemented in order not to limit the ceiling of the value and allow holders to receive the maximum possible benefit from the exchange of tokens at the maximum exchange rate).
At the same time, the cost of services on the site in Mallcoin will be recounted (in inverse proportion) to ensure that relative to the cost in money, they remain significantly competitive with other marketplaces.
After the entry of the token of the site to the exchanges, an additional tool will be provided to obtain possible, but not guaranteed, benefits for the participants. It, in turn, will lead to a fairly rapid leveling of rates between different exchanges and maintaining their equilibrium.
By exchanging Mallcoin tokens at a lower value, arbitrators create an additional demand for it and thereby increase its price. By selling tokens on another exchange, they increase its offer and reduce the price.
The speed of price leveling depends not only on the speed of trade procedures. An essential factor is the ability to conclude deals on a large volume. Also, the degree of freedom for entry of new participants into different exchanges is important.
The purchase of Mallcoin tokens from the FLOGmall site at the official exchange rate.
Simultaneously with the official opening of the FLOGmall trading platform, the official Mallcoin rate is set at 0.001 Ethereum. At the first stages of launching the site, this measure is necessary in order to set and maintain the upper level of the value of the Mallcoin token on ATES, to create a conditional capitalization of the tokens.
Despite the fact that it is certainly less profitable to buy Mallcoin at the official exchange rate, and the number of Mallcoin tokens is very limited initially, when issuing in relation to the main holders, participants may have situations where users can do this even at the start:
Tokens purchased in the official website at the official exchange rate can be used only to pay for services on the platform. They can not be kept or redeemed for other operations (trading).
Token turnover and reserve fund
Is there a situation in which a single participant can redeem all FLOGmall tokens?
FLOGmall initially formed a reserve fund. To pay for FLOGmall services, users use Mallcoin tokens. Thus, when paying for FLOGmall services and when purchasing a Mallcoin token from the site itself, the token is returned back to the reserve fund. That is, on FLOGmall it is impossible to create a deficit of tokens, which are necessary for its smooth operation.
It should be noted that the participant, exchanging his/her tokens, passes them to the user, who in turn pays with them the services of the FLOGmall site.
Thus, the system actually "redeems" from the participants their own tokens, which were implemented by him/her at the preSale, pre-ICO and ICO stages through the provision of services to site users.
The ultimate Mallcoin token holder will eventually become the site itself. If we consider only such a model, then after some time all Mallcoin tokens will have to be at the site, and the maximum possible benefit of the participant will be 600%, provided the official rate of the Mallcoin inner site remains unchanged.
In order for our participants to get more profit, and also to speed up the process of selling Mallcoin tokens and for that it was not tied to the internal consumption of tokens, and as a result to ATES systems, we will issue Mallcoin tokens to the crypto-exchange shortly after the official launch of the resource. In the next paragraph, we will discuss in more detail what will happen in this case, and why this will have a positive effect on the participants.
The purchase of Mallcoin tokens on the exchange (not available immediately after the launch of the site).
A distinctive feature of Mallcoin entry to the exchange is that the rate of this cryptocurrency will already be provided with the current exchange rate at ATES and will have its lower level, which tends to the rate of the most profitable offer at ATES on the day of Mallcoin entry to the exchange.
It will vary within the range from 0.0001666666667 to 0.001 Ethereum. According to the laws of supply and demand for tokens, at the first stage the rate will quickly equalize with respect to the ATES rate (price smoothing).
Flogmall will not regulate the cost of its tokens (redeem, mantaining the demand, sell on the exchange) by any direct means. In this case, the exchange rate, ATES and the official exchange rate can differ significantly from each other.
The exchange rate will be regulated by the demand/supply, the ATES rate will be determined by the desire of initial tokens holders to obtain potential return, the official rate (only service payment) will be fixed, with a minimum value below which it will never drop. Rates will be regulated indirectly relative to each other, namely, according to the desire of purchasers and holders of tokens to get the highest potential return, depending on the place where they want to purchase or sell their tokens.
If the exchange rate is higher than ATES, then there will be a complete (partial) redemption of tokens on ATES. Then it will be considered that the initial holders of the tokens (at the ICO stages) have received the potential desired return. In this case, the official rate will increase with the exchange rate. The rate of gaining a potential return for initial holders of tokens will decrease, but the amount of potential return will increase.
If the exchange rate is lower than ATES, the majority of sellers will cross over to ATES, thereby reducing the offer (sale) on the exchange, which balances the exchange rate with the ATES rate to the maximum. The exception will be those sellers who do not want to trade long on ATES, and try to sell tokens on the exchange at a discount for a short time interval.
But since the demand for buying and selling on the exchanges does not directly depend on the demand of users of the FLOGmall system, the Mallcoin exchange rate can significantly exceed the official FLOGmall site rate.
In order for this to happen, you should cancel the upper ceiling of the Mallcoin value, set by the site itself. Therefore, on the day of the entry of Mallcoin tokens on the exchange, the internal exchange rate of Mallcoin will be frozen for up to 5 days, and the site will not sell its tokens during this time. In this period they can be purchased by users only from participants at ATES. Exceptions may occur if in the given period all tokens from our holders on ATES are redeemed.
After the formation of a new exchange rate on the exchanges, the system will accept it for the official exchange rate. But still, the official rate of the system does not drop below 0.001 Ethereum!
Thus, the Mallcoin token acquires a unique property of maintaining a minimum value, which allows us to consider Mallcoin as a reserve currency for the preservation of your assets.
The lower value for Mallcoin tokens will be supported by the official exchange rate of the site, and the upper ceiling of the value will not be limited. Liquidity of our cryptocurrency will increase with the growth of the site and interest from speculators (traders).
Based on our calculations, it can be said that Mallcoin entry to the exchanges will additionally attract significant investments in the project, as well as increase the benefits of early holders who at that time have not yet fully exchanged their Mallcoin tokens.