Serenity ICO Review
If you share the viewpoint that the current Forex regulations are insufficient or perhaps inexistent, that it maybe bound to change.
Serenity aims to become the very first arbitration platform for brokers and traders. It plans to do that by uniting brokers from around the globe through utilizing the blockchain technology.
Stay with us through this Serenity ICO Review to learn more about the idea and the excellent chance for investment.
Introduction to Serenity Financial
Serenity financial is an arbitration platform that is intended to help Forex brokers and traders.
The pledge that the business gives is to bring brokers and traders from all over the world together.
The ultimate objective of Serenity Financial is reasonable trade and safe withdrawals through making use of blockchain innovation, in addition to a specific depository system.
By doing this, the platform will fully utilize the powers of blockchain technology to produce a brand-new and improved trading system.
The way it works is that traders from all around the world access 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 additional specific confirmations.
The primary problem Serenity is attempting to resolve relates to security on Forex.
Particularly, it is an excellent platform to make high yields, but the dangers are high also.
The biggest problem along the line is that a big percentage of those who trade have no or little security against being tricked by intermediaries, such as dealerships and brokers.
So, considering that conventional methods of security mishandle to say the least, Serenity has come up with a way of using blockchain innovation to resolve the problem altogether.
Serenity aims to achieve this objective through a number of features on its platform.
- Full control over all traders. Serenity Financial
Since Serenity works using blockchain innovation that means that users can form a merged, managed system to record trading and deals and in that method prevent any wrongdoings.
- Segregated accounts.
All funds that clients have lie in a depository created by Serenity. By doing this, the funds will be safe and secure 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 by using the data that is stored on the blockchain while doing so.
- Profit Withdrawals are guaranteed.
Using its own liquidity swimming pool, Serenity can guarantee the withdrawal of profit.
- One confirmation process system.
Essentially, traders go through Serenity particular KYC confirmation and after that can start trading with any broker on the platform without the requirement of any additional KYC procedures.
All brokers will be offered with technology, a bridge, and liquidity.
Basically, our company believe that using blockchain technology on the Forex platform is a great concept.
Undoubtedly the system that has been in place so far is not working properly and numerous traders are suffering damage.
We see that the blockchain is showing to be the best technology in the location of cryptocurrencies and is offering significant protection.
One issue that might spring here is that the platform might become 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 group behind Serenity describes why this task will be a success and why it will ready to purchase it.
They focus on the monetary element and show to anybody interested how Serenity plans to create profits.
Serenity explains how their success will be guaranteed because of the current 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 overall around 6000 of brokers like that.
Here comes the interesting part– just 10% of those brokers are managed.
What this indicates for Serenity is that they have share mutual interest with at least 90% of brokers. Additionally, there are around 4,000,000 traders between those 6000 brokers.
Stats for each broker for monthly withdrawals and deposits remain in the variety of 400,000 to 600,000.
For that reason, there is a huge interest group that Serenity plans to target and our company believe that that is its big advantage.
For all them in this interest group, belonging of Serenity platform will bring big advantages and a great deal of security, so we believe that the platform will become a success.
However, since of the nature of the system, Serenity may need some prolonged preliminary time before it totally gets momentum.
The Team Behind Serenity
Serenity has a really outstanding group to support it. It is formed by 18 members in total, most of whom have really fascinating and accomplished Linkedin profiles.
Here we are featuring the complete list with some important info about each member.
Stanislav Vaneev. He is CEO and founder of Grand Capital, an international financial services business. Stanislav is likewise the creator of UpTrader, a brokerage software advancement business. On top of that, he is the creator of the Serenity task.
Anton Vasin. He is the Co-founder of Serenity task and its COO. Anton has developed his career for over 11 years by holding leading positions in Forex sphere.
Denis Kulagin. He is an expert when it comes to promoting Forex business in Asia. At Serenity, he holds the CEO position.
Vasily Alexeev. He has 10 years of experience in business development, as well as 6 years in item advancement for Forex business. At Serenity he holds the position of CTO.
Sergey Kozlovsky. Sergey was initially a financial expert in 2007. Afterwards, he was leading a brokerage company’s analytics department. He is among the co-founders of Serenity.Serenity Financial
Sergey Lushkovskiy. Sergey is a professional in blockchain technologies, smart contract development, backend tools, frontend tools, mobile, and device. He is the team leader at Serenity.
Lenur Zamaraev. Lenur Zamzaraev is an experienced designer, Internet and telecommunication expert. At serenity he is senior designer.
Stanislav Pankratov. He is a backend and frontend Python developer. He has extensive experience on freelance and open source jobs. He is Python designer at Serenity.
Elizaveta Matveeva. She is an extremely talented product designer with 5 years of experience. Designs helpful and tidy mobile and web interfaces. Works as a UI/UX designer at Serenity.
Elena Berestovaya. Elena has more than 10 years of experience in business promo and credibility management, including 6 years in financial industry. She is Serenity’s head of marketing.
Ala Mohammed. PhD in Engineering Sciences, started his career in monetary markets as a sales manager. Currently, Ala is establishing investment offerings. He is an expert on Forex and Serenity’s business expert.
Tian Haowen. Marketing financial products and sales in China. Collaboration advancement in China. Company of expositions. He is dealing with Serenity’s service development.
Jonathan Raharjo. Technical support for clients in Indonesia.
Herbert Rudy. Sales and partnership development in Indonesia.
Goutam Das. Bachelor of company administration. Functions as task manager at Serenity.
Yulia Liu. Sales manager at Serenity. She is likewise a partnership relations expert in China.
Anastasia Kaneva. Anastasia took the top place in an across the country Computer Science competitors. She is a constant participant and prizewinner in various programs, math and computer technology contests. She is a junior Python developer at Serenity.
Nikita Khabarov. Nikita finished 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.
The list of advisors Serenity has is no less excellent than its group. It consists of 14 prominent names.
Yagub Rahimov. The CEO and a co-founder of 7marketz Inc., the moms and dad company of AtoZForex.com, FintechEvents.
Alexey Kutsenko. Creator of Tools For Brokers Inc, software advancement company, which develops monetary software for more than 300 companies on the planet.
Dmitry Rannev. Director General of AMTS Solutions, an innovation 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 essential influencers, presently 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’ focused on FX and CFD’s instruments.
Alexander Stanovoy. Held office as a top-manager in top Russian brokerages. Alexander recommends leading Russian and global corporations on company structuring.
Anatoly Arbuzov. Atlas Blockchain CTO, Blockchain expert for CREDITS projects, SERENITY blockchain expert.
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
Sergey Ershov. Head of PR department at NordFX broker, whose primary area of expertise has remained in market research, brand management, preparation and implementing PR campaigns.
Andrey Moskvitch. He works as a consultant for ICO, blockchain, internet law, tech transfer and more.
Dmitry Orlov. He is the creator at PAMM/RAMM financial investment services and platforms.
Julia Mikhalchuk. Cryptocurrency lawyer, CorpLaw.Pro. She is experienced in providing legal recommendations when it concerns cryptocurrencies.
Details on Serenity Token Sale
When it pertains to the sale of tokens as part of the ICO structure, it will be performed in 4 stages.
Each phase will use a particular discount rate, in addition to an amount of tokens for sale. Absolutely, 3,5 million SERENITY tokens will end up sold. Their nominal value will be 0.1 ETH.
In stage one, a 50% discount was used. The first phase occurred throughout pre-ICO which started on November 15 and ended on November 30.
The variety of tokens was restricted to 150000. Anyone who sent an application to participate before pre-ICO begun, had a priority of purchase at the start.
It is essential to point out that if the minimum quantity is not collected at the ICO phase, all 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 stage, a discount rate will be provided regardless of the success of minimum fundraising targets.
In the third phase, all unsold tokens are damaged.
After the end of the ICO, clients can begin to freely 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 not successful.
When the ICO reaches $5 million, a KYC system will be implemented. At $10 million, a bridge would be established within the Serenity payment choice.Serenity Financial
At $14 million, a special blockchain would be developed by the company, as well as 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 been taken into it.
It goes through the whole project step-by-step and it evaluates each stage and element of the job in great information.
The whitepaper generally focuses on the financial element of the task and the predicted targets.
Therefore, we feel that there might have been more details on the marketing element and other service related concerns.
Nonetheless|Nevertheless|However}, another element that we like is that the whitepaper includes a section about possible threats, which will certainly come helpful to any financier who is examining all possible outcomes.
The roadmap of Serenity has actually been really clearly presented in their whitepaper. Generally, Serenity has actually been established in 2017, by a team of almost 30 individuals.
Right after that, 5 months later on, in May 2017 a beta version of the Automated Trade Analysis System has been released.
The group did not lose time and only one month later on, in June 2017, the launch of the cryptocurrency exchange MVP ensued.
Several months later, 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 project begun on January 25 and it will last till March 2018, during which the company will aim to reach its fundraising objectives that we have discussed above.
In April 2018, the cold wallet system is planned to be launched if other targets are fulfilled by that time. For June 2018, the launch of Serenity cryptocurrency exchange is projected, along with a custom-made blockchain.
In fall, September 2018, a live version of the platform will be launched and in November Client Digital Signature will be implemented. On top of that, in December, liquidity aggregator will be carried out.
At the beginning of 2019, all the method to April, it is prepared that Serenity ought to receive liquidity from European Banks, and in May new wallets will be presented.Serenity Financial
In 2020, it is forecasted that more than 1000 brokers ought to become a part of the system.
Pros and Cons
- An impressive team behind the task with substantial experience.
- A concept that will be useful to a big group of people
- All deals are recorded in the blockchain
- Aims to bring back trust in the Forex system and specific brokers
- Whitepaper mainly focuses on the financial element of the job
- It might take a long time before the project acquires momentum
- Reasonably high targets for the fundraising stages
The idea behind the Serenity is absolutely more than necessary at the minute for the various Forex users.
At the moment, it is very tough for customers to provide their trust to brokers without proper means of security, so since of that we project a huge possibility for Serenity’s success.
It will be necessary for some brokers to shut down, while for others it will be more difficult to withdraw or abuse customer’s funds.
We may have to wait a bit for Serenity to end up being completely carried out and reach its supreme capacities, but it needs to be well-worth it.
All deals will be saved utilizing blockchain technology, so we fully support this task and believe that it is a great opportunity to purchase least numerous of the SI tokens and support the job.