In this fast growing and internet-driven world, innovative and creative ideas which lead to simplicity and conveniency are what draw the interests of people. The Blockchain Technology is like whole pieces of Lego and based on the developers experience and plans, makes a unique structure of it - some stronger, some weaker.
Studying the market trend over a period of time, PlanetZiggurat realized that not even a single exchange platform integrates services such as receivables like stock exchange. There are no direct connections to investors on platforms like eBay-like online invoice trading and human-backed excel-based systems.
The goal of the Ecex.Exchange built by the PlanetZiggurat is "to bring assignments on the Ecex.Exchange trading platform." Assignment in this regard is simply, the transfer of an individual's rights or property to another person or business. In the adventure of attaining this goal, PlanetZiggurat intends to bridge the gap by creating a market environment which harnesses active and secured trading platform of assignment agreements. This will then create a system where owners of a multitude of agreement and document such as claims, invoices etc can be changed once transaction begins.
The assignment component of the PlanetZiggurat Ecex.Exchange platform forms the legal backbone of this ecosystem. The assignment comprises three legally accepted bodies, thus, the creditor (assignor & assignee), the debtor, and the trading platform provider (PlanetZiggurat & Ecex.Exchange)
There is no need to worry much about the meaning behind the assignor and assignee. The assignor is simply the body which receives the transfer in the transaction whereas the assignee is the body which transfers rights they own or hold to another body (the assignor).
Here, the creditor is the body which sells his claims. Ecex.Exchange uses a simple contract of assignment model in addition to the required documents which grants the legitimacy of the transfer to be owned.
The debtor is entitled to not only passive observations but also operate on payment deadlines, lower costs, and better cash flow on the Ecex.Exchange trading platform. With this, the debtor can issue the debit. Meaning, the debtor can sell the agreementw with accessories to possible or potential creditors and finance himself that way.
The PlanetZiggurat and its revolutionary Ecex.Exchange forms this body. It is the duty of the PlanetZiggurat to always ensure smooth running of the Ecex.Exchange and ensure successful transactions between parties involved.
With the funding, PlanetZiggurat aims to start in Estonia because of the price. Also PlanetZiggurat intends to keep the costs low to create a more attractive price list which will foster the realization of its goals. The budget for phase 1-2 is approximately 3.57M EUR whereas that of phase 3-4 is not yet decided but will be clear at the end of phase 2.
The ZIG Token will be the major facilitator of the PlanetZiggurat Ecex.Exchange. A total of 531,000,000 ZIG will be created with all unsold tokens burnt at the end of the token sales.
Initial rate goes for: 0.0004561163 ETH = 1 ZIG
1 ETH = 2400 ZIG
TOKEN DISTRIBUTION
- Foundation = 10%
- Partners = 7%
- Founders = 7%
- Advisors = 6%
- Bounty = 4%
- Token buyers = 66%
Token sales bonuses will go on a first-come, first-served principle, hence be sure to join the early bird catch sales now.
Visit these relevant links for additional information on PlanetZiggurat.
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Forum username: BennyK
