Serenity Financial Review
Serenity ICO Review
If you share the viewpoint that the existing Forex regulations are inadequate or even inexistent, that it possibly bound to change.
Serenity aims to end up being the first arbitration platform for brokers and traders. It prepares to do that by joining brokers from worldwide through utilizing the blockchain technology.
Stay with us through this Serenity ICO Review to discover more about the concept and the outstanding chance for investment.
Intro to Serenity Financial
Serenity financial is an arbitration platform that is meant to help Forex brokers and traders.
The promise that the business provides is to bring brokers and traders from around the globe together.
The ultimate goal of Serenity Financial is reasonable trade and safe withdrawals through using blockchain technology, in addition to a specific depository system.
By doing this, the platform will totally make use of the powers of blockchain innovation to develop a new and enhanced trading system.
The way it works is that traders from all around the world gain access to the platform and go through Serenity’s KYC verification procedure.
After that they can trade with all brokers on the network without the need for further specific verifications.
The primary problem Serenity is attempting to solve involves security on Forex.
Namely, it is a fantastic platform to make high yields, but the dangers are high as well.
The greatest problem along the line is that a huge percentage of those who trade have no or little security against being fooled by intermediaries, such as dealers and brokers.
So, considering that conventional ways of security mishandle to state the least, Serenity has come up with a method of utilizing blockchain technology to solve the issue altogether.
Serenity intends to achieve this goal through several features on its platform.
- Complete control over all traders. Serenity Financial Review
Because Serenity works by utilizing blockchain technology that means that users can form a combined, managed system to record trading and deals and in that way avoid any wrongdoings.
- Segregated accounts.
All funds that clients have are located in a depository produced by Serenity. This way, the funds will be safe and brokers will not have the possibility to utilize funds in a dishonest way.
- Independent arbitration board.
An independent arbitration board formed by Serenity will settle any conflicts using the information that is saved on the blockchain at the same time.
- Earnings Withdrawals are guaranteed.
Using its own liquidity pool, Serenity can ensure the withdrawal of profit.
- One verification process system.
Basically, traders go through Serenity particular KYC verification and after that can start trading with any broker on the platform without the requirement of any extra KYC procedures.
- Liquidity
All brokers will be provided with technology, a bridge, and liquidity.
Basically, our company believe that using blockchain innovation on the Forex platform is an excellent idea.
Certainly the system that has actually been in place up until now is not working properly and many traders are suffering damage.
We see that the blockchain is showing to be the perfect technology in the location of cryptocurrencies and is supplying considerable protection.
One concern that may spring here is that the platform might end up being centralized to a point due to Serenity’s independent arbitration board.
Serenity ICO– A Good Opportunity
Featured in their white-paper is one part where the team behind Serenity discusses why this job will be a success and why it will be good to invest in it.
They focus on the financial aspect and show to anybody interested how Serenity intends to create revenues.
Serenity discusses how their success will be guaranteed since of the present system that is malfunctioning.
The target market of the platform will be brokers who are offering online services using the MetaTrader 4 and MetaTrader 5 platforms. There are in total around 6000 of brokers like that.
Here comes the intriguing part– just 10% of those brokers are managed.
What this suggests for Serenity is that they have share shared interest with a minimum of 90% of brokers. Additionally, there are around 4,000,000 traders between those 6000 brokers.
Statistics for each broker for month-to-month withdrawals and deposits are in the variety of 400,000 to 600,000.
Therefore, there is a big interest group that Serenity plans to target and we believe that that is its huge benefit.
For all of them in this interest group, being a part of Serenity platform will bring huge advantages and a lot of safety, so our company believe that the platform will end up being a success.
Nevertheless, because of the nature of the system, Serenity may need some extended initial time prior to it completely gains momentum.
The Team Behind Serenity
Serenity has a really impressive team to support it. It is formed by 18 members in total, the majority of whom have really interesting and accomplished Linkedin profiles.
Here we are including the total list with some important information about each member.
Stanislav Vaneev. He is CEO and creator of Grand Capital, a worldwide financial services business. Stanislav is likewise the founder of UpTrader, a brokerage software advancement business. On top of that, he is the founder of the Serenity task.
Anton Vasin. He is the Co-founder of Serenity project and its COO. Anton has actually built his profession for over 11 years by holding leading positions in Forex sphere.
Denis Kulagin. He is a professional when it concerns promoting Forex companies in Asia. At Serenity, he holds the CEO position.
Vasily Alexeev. He has 10 years of experience in commercial advancement, along with 6 years in product advancement for Forex business. At Serenity he holds the position of CTO.
Sergey Kozlovsky. Sergey was first a financial analyst in 2007. Later on, he was leading a brokerage company’s analytics department. He is one of the co-founders of Serenity.Serenity Financial Review
Sergey Lushkovskiy. Sergey is an expert in blockchain innovations, smart agreement development, backend tools, frontend tools, mobile, and maker. He is the team leader at Serenity.
Lenur Zamaraev. Lenur Zamzaraev is a knowledgeable developer, Internet and telecommunication professional. At serenity he is senior developer.
Stanislav Pankratov. He is a backend and frontend Python designer. He has comprehensive experience on freelance and open source projects. He is Python designer at Serenity.
Elizaveta Matveeva. She is a highly talented product designer with 5 years of experience. Styles beneficial and clean mobile and web interfaces. Works as a UI/UX designer at Serenity.
Elena Berestovaya. Elena has over 10 years of experience in organisation promotion and credibility management, consisting of 6 years in financial industry. She is Serenity’s head of marketing.
Ala Mohammed. PhD in Engineering Sciences, began his profession in monetary markets as a sales supervisor. Currently, Ala is developing financial investment offerings. He is a specialist on Forex and Serenity’s organisation expert.
Tian Haowen. Marketing financial items and sales in China. Collaboration advancement in China. Organization of expositions. He is working on Serenity’s organisation development.
Jonathan Raharjo. Technical support for customers in Indonesia.
Herbert Rudy. Sales and partnership advancement in Indonesia.
Goutam Das. Bachelor of business administration. Works as task supervisor at Serenity.
Yulia Liu. Sales manager at Serenity. She is also a partnership relations professional in China.
Anastasia Kaneva. Anastasia took the first place in an across the country Computer Science competition. She is a consistent individual and prizewinner in various shows, mathematics and computer technology contests. She is a junior Python designer at Serenity.
Nikita Khabarov. Nikita graduated from the Bonch-Bruevich Saint Petersburg State University of Telecommunications, the Faculty of Information Systems and Technologies. At Serenity she works as a Junior Python designer.
Serenity’s Advisors
The list of advisors Serenity has is no less outstanding than its team. It includes 14 popular names.
Yagub Rahimov. The CEO and a co-founder of 7marketz Inc., the parent company of AtoZForex.com, FintechEvents.
Alexey Kutsenko. Creator of Tools For Brokers Inc, software development business, which develops financial software for more than 300 business worldwide.
Dmitry Rannev. Director General of AMTS Solutions, a technology service provider for brokerages. Creator and owner of RannForex job.
Peter Tatarnikov. Souls on Board at The Financial Commission (FinaCom PLC Ltd).
Salman Anjum. Being a Technology Futurist, Salman is an early Blockchain adopter and one of the crucial influencers, currently empowering the next wave of Blockchain innovators.
Dawid Kustra. Vice President and Head of Sales at Solution Partners, the business that handles the Closed-end Investment Fund ‘Solution ONE’ concentrated on FX and CFD’s instruments.
Alexander Stanovoy. Held office as a top-manager in leading Russian brokerages. Alexander advises leading Russian and worldwide corporations on business structuring.
Anatoly Arbuzov. Atlas Blockchain CTO, Blockchain expert for CREDITS projects, SERENITY blockchain consultant.
Łukasz Paszkiewicz. Regional Director in CFH Group, member of Advisory Board of TraderStars and a co-founder of CryptoCurrency World Expo.
Aarti Thakkar. Head of forex innovation department at Studio45 Company.Serenity Financial Review
Sergey Ershov. Head of PR department at NordFX broker, whose primary location of competence has been in market research, brand management, planning and executing PR projects.
Andrey Moskvitch. He works as an expert for ICO, blockchain, web law, tech transfer and more.
Dmitry Orlov. He is the creator at PAMM/RAMM investment services and platforms.
Julia Mikhalchuk. Cryptocurrency lawyer, CorpLaw.Pro. She is experienced in offering legal advice when it comes to cryptocurrencies.
Details on Serenity Token Sale
When it pertains to the sale of tokens as part of the ICO framework, it will be carried out in four phases.
Each phase will use a specific discount rate, in addition to a quantity of tokens for sale. Totally, 3,5 million SERENITY tokens will end up offered. Their nominal value will be 0.1 ETH.
In phase one, a 50% discount rate was offered. The very first stage occurred during pre-ICO which started on November 15 and ended on November 30.
The number of tokens was restricted to 150000. Anyone who sent an application to take part before pre-ICO started, had a concern of purchase at the start.
It is very important to point out that if the minimum amount is not collected at the ICO phase, all of those who took part in the pre-ICO would not get refunds.
The second phase is the ICO and it will last for 42 days. In this phase, a discount rate will be used no matter the success of minimum fundraising targets.
In the 3rd phase, all unsold tokens are ruined.
After the end of the ICO, clients can begin to easily trade the tokens on the platform.
The token uses SI abbreviation. The token sale was opened to all countries, except to Singapore and the United States.
Serenity has several fundraising targets set on ICO. If less than $2 million is raised, the ICO will be pronounced as unsuccessful.
When the ICO reaches $5 million, a KYC system will be carried out. At $10 million, a bridge would be developed within the Serenity payment choice.Serenity Financial Review
At $14 million, a distinct blockchain would be developed by the company, along with trading platforms on the blockchain and a server for MetaTrader.
Serenity Whitepaper Review
The whitepaper for Serenity is absolutely well-written and it can be seen that a lot of effort and time has actually been taken into it.
It goes through the entire job detailed and it examines each stage and aspect of the job in excellent detail.
The whitepaper typically focuses on the financial aspect of the task and the forecasted targets.
Therefore, we feel that there could have been more details on the marketing element and other company associated concerns.
Nonetheless|Nevertheless|However}, another aspect that we like is that the whitepaper features an area about possible risks, which will definitely come handy to any financier who is analyzing all possible results.
The Roadmap
The roadmap of Serenity has actually been extremely plainly provided in their whitepaper. Generally, Serenity has actually been established in 2017, by a group of almost 30 people.
Soon after that, 5 months later, in May 2017 a beta version of the Automated Trade Analysis System has been released.
The team did not lose time and only one month later, in June 2017, the launch of the cryptocurrency exchange MVP taken place.
Several months later on, in October 2017, came the time for the very first brokers to end up being a part of the system. After one month, in November 2017, the pre-ICO occurred and after that, in December, there was a closed round of sales.
The ICO stage of the job started on January 25 and it will last up until March 2018, throughout which the company will aim to reach its fundraising goals that we have mentioned above.
In April 2018, the cold wallet system is prepared to be launched if other targets are met by that time. For June 2018, the launch of Serenity cryptocurrency exchange is projected, as well as a custom blockchain.
In fall, September 2018, a live variation of the platform will be released and in November Client Digital Signature will be carried out. On top of that, in December, liquidity aggregator will be implemented.
At the start of 2019, all the way to April, it is planned that Serenity should receive liquidity from European Banks, and in May new wallets will be presented.Serenity Financial Review
In 2020, it is predicted that more than 1000 brokers should end up being a part of the system.
Benefits and drawbacks
Pros:
- An excellent group behind the project with substantial experience.
- An idea that will be advantageous to a large group of people
- All deals are taped in the blockchain
- Goals to restore trust in the Forex system and specific brokers
Cons:
- Whitepaper mainly concentrates on the financial aspect of the task
- It might take a very long time prior to the task gets momentum
- Fairly high targets for the fundraising phases
Conclusion
The concept behind the Serenity is certainly more than necessary at the moment for the numerous Forex users.
At the moment, it is really hard for clients to give their trust to brokers without correct means of defense, so since of that we project a huge possibility for Serenity’s success.
It will be required for some brokers to close down, while for others it will be harder to withdraw or abuse client’s funds.
We may have to wait a bit for Serenity to end up being completely implemented and reach its supreme capacities, however it must be well-worth it.
All transactions will be saved using blockchain technology, so we fully support this job and believe that it is a good opportunity to buy at least several of the SI tokens and support the project.
Serenity Financial Review