Taurus0x Launches As A Distributed, Open-standard Protocol Powering Smart Derivatives

TelAve News/10540032
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LOS ANGELES - June 19, 2018 - TelAve -- Taurus0x, an emerging FinTech player, is launching a blockchain-based protocol to power financial derivatives. After months of development, the California based startup is undergoing the final stages in preparation for launching Taurus0x on Betanet. Beta v1 product is on track to go live on July 3rd. The Taurus0x platform will be fully functional and ready at the time of the beta net launch.

Taurus0x protocol is fully decentralized as it is built on the Ethereum blockchain and orchestrated by smart contracts. Taurus0x introduces a cross-exchange open standard to streamline peer-to-peer derivatives from end to end. The hybrid "off-chain orders, on-chain settlement" model is asset and relay-agnostic; positioning the protocol to power virtually any centralized or decentralized exchange.

Created by Co-Founders Rawad Rifai and Brett Hayes, Taurus0x aims to standardize derivative trading once and for all, incentivize healthy competition, and lower the barrier-to-entry for smaller exchanges. The protocol security is guarded by asymmetrical cryptography, an area of study for project Co-Founder Rawad Rifai. "The cryptographic standards we adopted make our contracts virtually impossible to hack with today's computers," said Rifai.

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"I am pleased to formally announce Taurus0x  upcoming token sale. Our team has worked around the clock to make sure we launch our product prior to the token sale commencement." Rifai added. "At Taurus0x, we are committed to pragmatic engineering while staying committed to decentralization as a core concept. We believe that our platform has an excellent shot at overhauling a fragmented financial market. We look forward to sharing our vision and platform with the community."

The team is also proud to the announce the formation of Taurus0x Trust with the core mission of upholding and advocating for the core values of being a decentralized peer-to-peer digital platform and further development of Taurus0x base layer protocol. The Trust will enable the project to continue creating value for the network and align it with the interests with broader stakeholders. More info coming soon.

Token sale schedule

June 21 - Presale : 5% of tokens (with 30% bonus) .

July 07 - Round 1:10% of tokens (with 20% bonus)

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July 27 - Round 2 for 20% of tokens (with 10% bonus)

August 17 - Round 3 for 30% of tokens

September 6 – Sale ends.

For more information, and to read the Taurus0x whitepaper, visit here: https://www.taurus0x.com/pdf/whitepaper.pdf

Join the  PRE-SALE today
https://www.taurus0x.com/account/signup


About Taurus0x

Taurus0x is a distributed off-chain/on-chain protocol powering financial smart derivatives from end to end, for any asset over any network. The platform is secure, decentralized, simple and transparent, all of which compose the company's four core values.

Contact
Rami Nasrallah
Chief Operation Officer
***@taurus0x.com


Source: Taurus0x

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