MST IS A CRYPTOCURRENCY AI TRADING PLATFORM AND EXCHANGE CONNECTING THAILAND AND INDIA TO THE REST OF THE CRYPTOCURRENCY WORLD! Our Plan is from ICO

Transcription

1 MST IS A CRYPTOCURRENCY AI TRADING PLATFORM AND EXCHANGE CONNECTING THAILAND AND INDIA TO THE REST OF THE CRYPTOCURRENCY WORLD! Our Plan is from ICO to IPO listed in Thailand Stock Exchange By End

2 Abstract With the development of blockchain technology and the rapid growth of the cryptocurrency market, new opportunities constantly arise in the field of Investment. The more the traditional economy changes its form, new values occur in the digital "world" and plays a significant role in these processes which is played by decentralized technologies, in which cryptocurrencies and digital tokens play a critical role Most private investors and even many professional participants may require to study more about the cryptocurrency markets or find it challenging to choose from a variety of objects for investment. For them, this is a chance they have to catch to get additional income, using a safe and handy tool Professionals of the crypto market (portfolio managers and traders) are also often not sufficiently open to potential investors, which is why the The MST COINS was launched. 2

3 Content 1. Introduction 6. Token Generation Event 2. Our Vision 7. ICO Details 3. User Requirements 4. Purpose of MST COIN ICO 5. Technical Motivation 8. MST Wallet 9. Our History&Roadmap 10. Conclusion 3

4 1. Introduction Since the introduction of Bitcoin, blockchain technology has expanded by leaps and bounds. Blockchain has not only allowed cryptocurrencies to flourish in markets but has allowed traditional sectors such as financial institutions to utilize this technology. A sharp rise in price and usage of Bitcoin as well as other cryptocurrencies like Ethereum, Ripple, NEM has shown the world that the global financial system is ready for a change The change that will take the industry to a whole new level where transparency, data integrity, and decentralization will become the main pillars of its growth. No one needs an introduction as to what tokens are, but we will recap it briefly regardless. A token is designed to represent something else, in most cases, something of value. These tokens are in the Ethereum ecosystem issued on the blockchain, where they represent a financial value or exist as a digital asset. However, these tokens do not necessarily adhere to a particular standard. 4

5 1. Introduction (Con.) Ethereum, the popular cryptocurrency, and blockchain system is based on the use of tokens which can be bought, sold, or traded. There are several different tokens which may be used in conjunction with Ethereum, and these differ from ether, which is the currency native to the Ethereum blockchain. Tokens, in this case, represent digital assets that can have a variety of values attached. They can represent assets as diverse as vouchers, IOUs, or even objects in the real world. In this way, tokens are fundamentally smart contracts that make use of the Ethereum blockchain One of the most significant token standards of all for Ethereum is called ERC-20, which was developed about a year and a half ago 5

6 About MST MST AI Intelligence Trading platform is an ambitious project, handcrafted in Thailand and India to deliver the next generation trading experiences by revolutionizing the AI Trading industry by providing 0% BTC deduction exchange to maximize trader s profit This whitepaper discusses Our History,design goals, implementations, and the upcoming roadmap MST is a brand new AI Intelligence trading platform handcrafted in Thailand and India But not new in AI Trading Applications. Keeping in mind the growing demand for Bitcoin and other coins which can be traded on Bitcoin. With research and experience in the financial industry for last 28 years, we have found a variety of trading sites are unusual and differ far from one another concerning their trading fees and old Fashion simple Trading Platforms. In July, 2017 we decided to bring a new revolution in AI Trading Platform For Cryptocurrency world which will be very decent and fare price fees and most new advanced technology with fast execution for traders and secure they profit and money Management with Lower risk with Semi Algo trading and Algo Trading Platform. In August 2017 we began to research and decided to jump into the world of Cryptocurrency by introducing our MST COIN for fundraising to accomplish our exchange which will be beneficiary for all future traders and Take advantage from our MST Coins to be used for huge discounts on our MST AI Trading Platform and 6 grow more stronger to make MST listed in Thailand Stock Exchange.

7 Why MST? ICO >IPO Project!!!! Yes loud and Clear MST is an online Intelligence AI Trading platform and Our own Decentralize Exchange planning to support almost all coins with 0% trading fees on BTC, which makes it stand out among the current exchange platforms. Additionally, trading fees for other coins will be kept minimal which will be attractive to all Other Coins to join our Exchange and Most fast reliable Data from Barchart for all significant Cryptocurrency. We have plans to initiate it with widely spoken languages which will be supported in the future by MST platform with Real-time Bloomberg and RSS News Feed. These languages will cover about 50 % of the world s native languages. This will forge MST the cryptocurrency exchange Trading platform making it the most international languages support! We work with passion and commitment and strive to be the best and build an enhanced financial future AI Trading Platform for all Traders with Vitality currency. Believe in us and we guarantee you won t be disappointed! Our History Speaks and We are Approved Stock Trading Application with top big multiple brokers as agent presenting and providing their clients for trading Thailand stocks In Thailand Stock Exchange and Next is India on the way. 7

8 What are some of the features MST Cryptocurrency exchange will offer? Zero trading fee: One of the exciting features of the MST COIN is the zero-trading fee on margin and spot trading, which will aim to maximize the profits for traders. MST guarantees 100% reserve: It will also allow all online and offline wallet addresses to be seen for public audit, ensuring no embezzlement of the traders funds. MST requires two-factor authentication (2FA) to log in: Withdrawal of crypto assets requires an extra Qr Code and OTP confirmation to protect the crypto assets which will provide extra security on the user s assets. Offline Misting Wallet Security System: Every asset will be stored in an offline misting wallet. About 90% of the assets will be stored offline, while about 10% will remain online to allow faster deposits and withdrawal by the users. Each of the offline misting contains 8 Hardware Security Modules, which means that about 5 of the Hardware Modules will be required to complete any transaction which is done with the misting wallets The operators of the hardware modules are located in different countries, which ensures extra security to the MST security systems. 8

9 What are some of the features MST Cryptocurrency exchange will offer? (Con.) MST delivers user-friendly identity authentication services. MST provides 24/7 online customer service: Whenever users encounter problems or need help, customer service specialists will be reached through the MST website and mobile app. Once a user submits an inquiry, the customer success team will respond within a day. Their goal is to supply systematically wonderful customer help. MST also plans to build a Hybrid Exchange (HEX) cryptocurrency exchange later in the future. 50% Discount on all our Analysis, EA, Coding Service for Mt4, Amibroker, and Our AI Trading Platform Applying for ISV software developers in major exchanges to grow our revenue and ready for next cryptocurrency world exchange from exchanges once all is solved Copy Trade One of our Future to follow good traders and make money with Guru s and good traders to grow your capital and investment.trade on Chart with one click trading bot. 9

10 2. Our Vision MST is an order book cryptocurrency exchange handcrafted in Thailand and India with the goal to maximize traders profits All Traders face a major problem of trading fees and the trading margin between buying and selling price of cryptocurrencies. MST is there to ensure that transfers will gain more profits for all! Working hand in hand with everyone, we will strive to make it possible by providing the lowest fees, safe and secure exchange and Most New Intelligence Trading with Realtime reliable tick data. As we all know that cryptocurrencies trades are expensive because of less availability and high demand. So, to make it available at a base price, MST came up with an idea of letting people from all over the world to trade under one Most New advance and Reliable AI Trading Platform. By this, we can match the market demands by making more cryptocurrencies available in future and finally make the price of crypto exchange with reliable, safe and Auto Trading Platform. MST is main Focus and safe Investment in our Coins because we are Making for all our investors to be happy and safe from Our MST Coins with our planning to be listed in Thailand and India Market. 10

11 MST is making it profitable by charging only 0.10% fees on its standard trades Traders can make even more profits by investing in MST COIN and avail a lifetime 0% BTC deduction on it all trades, meaning that no BTC will be deducted in any of their trade for a lifetime MST is making Trading profitable With new Intelligence Trading Platform: Standard MST fees: % maker/ 0.10% taker. MST charges only 0.10% maker 0.10% taker fees, which is lowest amongst all trading exchanges with New Intelligence Trading Platform. MST COIN investors: - 0% BTC deduction for a lifetime (INVEST IN MST COIN TOKENS IN ICO STAGE) Investors who will invest in a minimum of MSTCOIN tokens at the ICO token sale, will avail a service of 0% BTC deducted in MSTCOIN exchange for a lifetime on all their trades and Make safe Trading with new Intelligence trading Platform in Town. 11

12 3. User Requirements All assets in one place: MST does not only provide AI intelligence Trading Platform but is also a multi crypto wallet. A user can use its wallet to secure its funds; it s safe and secure. Trust and guarantees: MST is a decentralize exchange, a user holds all the commands to their funds, not even MST can block users account. A user can store or withdraw their funds whenever they want. Cross chain exchange: Rapid increase in demand of cross chain exchange which is increasing day by day, MST provides a best AI Intelligence trading platform with cross chain currencies to trade for the user to trade in any currency they want. Many cross chain currencies will be listed for users to trade in! 24/7 Trading: Users want to trade and perform transactions quickly and securely at any time, 24 hours a day, seven days per week. MST provides 24 / seven trading and transaction platform. Speed: With the integration of smart API, MST has a capability of trading millions of trades in friction of seconds and best source of reliable tick data and tick history to enjoy the algo trading platform. Safety and Reliability: Hacking being one major problem with the cryptocurrency world, to avoid hacking, MST keep more than 90% of funds in the cold wallet to make theft chances to zero percent and also uses the latest and upgraded protection to keep the users fund safe. 12

13 4.Purpose of MSTCOIN Providing investors to avail zero percent deduction on there all trades for the lifetime is not the only purpose MST has, and our Main is taking MST to IPO and listed in exchanges. Taking the business to the next level requires more capital to scale our impact. There are many variables to be considered, such as, to continue developing products, entering new markets, and hiring experts to help build the business. Open our Own broker House in India and Thailand and provide best new AI Intelligence Trading Application and grow our revenue with strong support from major strong Backend for trading stocks in major markets. The funds raised during the ICO will allow us to accelerate the building of our platform and Servers which needs a higher volume of loans than we can support at the moment. Offering a token instead of a traditional venture capital round enables the community to participate in the MST success story, rather than limiting it to a small, selected number of traditional venture capital funds. By acquiring MSTCOIN tokens, token holders will benefit from our future success and be part of. A token sale is fast, transparent, and efficient for precisely this purpose with our Solid History. 13

14 The main advantages of the ICO model of business expansion: Token sales are a cost-effective mechanism for raising funds The ICO will be not only a fundraising event but also a great marketing opportunity Token sales provide an opportunity to engage with the community and build products in consultation with token holders and experts - delivering products that are best-of-breed to customers 14

15 5. Technical Motivation MST is Ethereum-based tokens and follows ERC20 protocol standard The ERC20 protocol standard contains the basic function that it should implement to enable trading, which includes transferring tokens inquiring the balance of tokens at a certain address, and the total supply of tokens. The ERC20 token is less risk, more uniformity, reduced complexity, and enhanced liquidity of tokens. A successful ICO can have their ERC20 tokens trading on exchanges without any communication between themselves and the exchange developers. ERC20 has encouraged a positive feedback loop, as token purchasers can be more certain that they can trade new ICO tokens, leading them to purchase more ICO a token, causing more ICO s to be created, and ultimately more innovation and value in the Ethereum blockchain. 15

16 Why Ethereum? Ethereum was designed with the explicit goal of doing more than just creating and recording transfers of a blockchain network s native tokens Instead, it can be thought of as a generalized blockchain technology with a built-in Turing-complete programming language The language enables anyone to write programs with custom transaction formats and state transition functions, essentially specifying whichever rules they want that can then be uploaded to the blockchain, and the blockchain will automatically interpret the rules for them 16

17 ERC 20 Token The MST COIN is implemented on the public Ethereum blockchain (using an Ethereum smart contract) as an ERC20 token. ERC20 establishes a standard contract ABI for tokens on the Ethereum blockchain and has become the de facto representation for all types of digital assets. All ERC20 tokens share the same core contract interface, simplifying integration with external contracts 17

18 Core ERC20 functions include: Transfer (to, value) Balance Of (owner) Approve (spender, value) Allowance (owner, spender) Transfer From (from, to, value) In addition to the core ERC20 interface, the MST COIN smart contract will have additional functionality to create new MST COINs, finalize the crowd sale and send money to a hardware wallet, and refund users in the case of a failed crowd sale The ERC20 token smart contract is written in the Solidity programming language and will be publicly accessible and free to use 18

19 ERC20 Cryptocurrency enthusiasts are well aware of how a lot of tokens are issued on the Ethereum blockchain. It also appears a lot of tokens are being issued which adhere to the new ERC20 token standard. A lot of people remain unaware of what ERC20 is all about and how it makes a difference compared to issuing tokens before this new standard was introduced. Although this will change very little for tokens on the surface, it is an interesting development. Tokens are still issued on the Ethereum network and can be exchanged against other currencies. However, the ERC20 standard makes the assets more easily interchangeable and ensure they can work with Dapps adhering to the same standard. As one would expect, the magic provided by ERC20 can be found under the hood. The ERC20 standard makes it easier for all compatible tokens to be natively supported by new projects and services. Moreover, the introduction of this standard allows for the tokenization of other features, including voting rights. 19

20 ERC-20 Empowers In short, the ERC-20 defines a common list of rules for all Ethereum tokens to follow, meaning that this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system The impact that ERC-20 therefore has on developers is massive, as projects do not need to be redone each time a new token is released Rather, they are designed to be compatible with new tokens, provided those tokens adhere to the rules Developers of new tokens have by-and-large observed the ERC-20 rules, meaning that most of the tokens released through Ethereum initial coin offerings are ERC-20 compliant. 20

21 ERC-20 Specifies Six Functions ERC-20 defines six different functions for the benefit of other tokens within the Ethereum system. These are basic functionality issues, including how tokens are transferred and how users can access data about a token. ERC-20 also prescribes two different signals that each token takes on and which other tokens are attuned to. Put together, this set of functions and signals ensures that Ethereum tokens of different types will typically work the same in any place within the Ethereum system This means that almost all of the wallets which support the ether currency also support ERC-20 compliant tokens. ERC-20 is technically still in draft form, meaning that it has gone unenforced by the broader Ethereum community. Still, it seems that the momentum is strong enough that all new tokens are highly likely to conform to the ERC-20 rules. Since the standard remains young, there will likely be some troubleshooting which must occur as Ethereum continues to develop. One significant issue with Ethereum tokens so far is that tokens sent directly to a smart contract will lose money. An error in the protocol means that a token's contract cannot respond to an attempt to make a direct transfer, resulting in the "loss" of the money associated with that transfer. 21

22 MST Smart Contract An MSTCOIN is an ERC-20 standard Ethereum token. The Smart Contract guarantees the following: 1. Ownership: Only Ethereum users and contract holders can be token holders. Each token belongs to one user/owner. No tokens are shareable. A token can be transferred to another user only by the direct command of its owner or by the command of the receiver that is directly authorized by the owner. No token transfers may be initiated by another user. 2. Token Supply: The tokens are issued only once, at the time of the deployment. The token supply is set at the time of the deployment. 3. Transparency: The information about the number of tokens held by any user is public. All information about transfers is also public and can be traced. 4. Contract owner's rights: The contract owner can relinquish this ownership in favor of any other Ethereum user or contract. Ownership Token Supply Transparency Contract Owner s Rights 22

23 6. Token Generation Event Many new ICO s raise funds and holds a large number of shares with them. With this, they hold a much higher portion than the total investors which gives them the power to manipulate the market whenever they want, just by dumping the coin in the market. As such, traders and investors pay the price for this and do suffer a loss. To avoid this situation and to further develop and promote the MST Platform, MST will conduct a token generation event that will offer for sale 500,000,000 MST tokens as total supply. MST has a clear vision We want our investors to become a partner and gain more profits. MSTCOIN will place all 100% token for sale (phase wise) and wants the investors and traders to have control over the token market. By this, investors don t have to worry about the circulating coin supply, total coin supply, and max coin supply. They can invest and trade without any worries in the market. We have restricted every single user to purchase a maximum of 500, 000 coins only(during Public Sale). Only limited people or a group of people will not have the hold of MSTCOIN rather than that, much more people will have a hold of coins. We have a dedicated team of developers and professionals doing extensive research on AI trading platforms to make it more sophisticated to take automated trades decisions with a 97% profit ratio, and prepare the fund allocation and token allocation chart 23

24 7. ICO Details Name Symbol MST MSTCOIN Total Supply ICO 500,000,000 Presale (100% Bonus) 3 rd May th May 2018 ICO Date (Phase 1) 15 th May th May 2018 Price Token price -Price is reference at Start Pre Sales Token sale starts on May 3th, End - Pre sales Token sale until May 10th Public Sale will Starts about 1-2 weeks after finish second Pre Sales. (please see our website for more information to get the most benefit during ICO) To avail service of 0% BTC deduction on MST AI Exchange minimum, 10,000 MST COIN should be purchased at the time of ICO sale. The maximum purchase of the token will be 500,000 MST COIN. There will be no minimum limit to purchase the amount. 24

25 8. MST Wallet The MST Wallet is a cross-platform wallet, enabling users to store MSTCOIN. For the MSTCOIN, the wallet will provide the following functionalities: Generate a new address on the blockchain network. View MSTCOIN balance. View transactions, pending releases. Create payment request and display them as QR codes. 25

26 How will you keep MST Cash? There are a couple of ways to keep your MST cash demonstrated below: 26

27 How does this work in practice? Step-by-step Process: 1. Creating a State Channel: The user loads their MST COIN app into the MST mobile wallet, which authorizes the creation of a State Channel with the MST platform. Both the user s device and MST keep a local copy of the current state of the channel. Creation of a state channel requires an on-chain operation. 2. Conducting Transactions and State Changes: When the user initiates a point of sale transaction using MST, they receive a visual prompt in the MST wallet showing the value of the transaction, similar to using traditional tap-to-pay mobile applications. Behind the scenes, the user authorizes a transaction to send the equivalent cryptocurrency to the MST AI Trading Platform. Almost immediately, the MST AI Platform receives the signed transaction, counter-signs and stores a copy of that new state off-chain. MST then authorizes its local currency account to pay the requested purchase through its global payment network rails on behalf of the user. Because the transaction occurs offchain, there is virtually no delay except for a small amount of computation time and network latency. 27

28 How does this work in practice? (Con.) 3. Keeping Funds Ready: So long as the State Channel is open, there are no fees for conducting any number of transactions between the user and MST (This offer applies only for the traders who have minimum10,000tokens). Moreover, there is no fee for keeping the channel open. 4. Withdrawing Funds: If the user wants to retrieve all or parts of their MST COIN in the channel that has not been sent to MST, they can do so by withdrawing their funds. The user signs and publishes a withdrawal request, which requires an on-chain operation. It is possible to make partial withdrawals, so the user is always secure in being able to retrieve his or her ether while still keeping the channel open for future transactions with them MST network. 5. Closing: To close a State Channel, one of the parties signs and publishes a close request to the State Channel. This initiates a period during which either party can submit their most recent transactions, which determines the final state of the state channel. 28

29 9. Our History and Road Map Our history and Success Story April 2016 Register Company in Thailand with Full paid up capital of $ 150, ( 5 Million Baht) July 2016 Applied with Thailand stock exchange for Local Data Vendor September 2016 Approved from Thailand Stock Exchange and sign the memorandum December 2016 Host Servers with True Corporations in the data center for development store data and Broadcast 29

30 9. Our History and Road Map Our history and Success Story March 2017 Completed MST PLUGIN for Thailand s market and tested with SET for Approval to resell the Realtime Tick Data November Takeoff with Thailand Broker in the Exhibitions for Thailand Brokers held By Government and Thailand Stock Exchange Market -President of Thailand Stock exchange had Mrs Kesara Munchusee visited us and quoted Best upcoming trading application -Requested to go live fast and get approval from SET March 2017 Opened an office in collaborate with our team for development and Introduced MST Plugin with Smart and Intelligence Technology October 2017 Signed with Thailand Broker For Trading Application Retailers, Institution, High frequency Traders and Fund Managers and get approval from Thailand Stock Exchange as New intelligence Trading Application "Trade Mission" October 2017 Live MST PLUGIN with same features for NSE, MCX, BSE, with our New Intelligence Ticker and other features for the Indian Market April 2017 Invested in being exclusive white label for Thailand on New Trading Software with full options and source code for PC Window, Apple, HTML5,and Android to develop for use around the world July 2017 Listed in Thailand s Stock Exchange as an Approved Local Data provider on MST PLUGIN and Trade Mission Development and listed our company in SET ( September 2017 Launched our own Live Analyst Technical Platform and resell the data with MST PLUGIN with new Intelligence Ticker in the India and Thailand 30

31 9. History (Con.) Our history and Success Story January 2018 Started Live testing for Trade Mission (TFEX) with Thailand s Stock Exchange with Thailand Broker and submitted full loop testing results to SET for final approval February 2018 Trade Mission, has now become the newest and most advanced Algo Trading Platform, received Approval from Stock exchange Of Thailand for going live for all Clients in Thailand March Thailand Broker Signed with Mission Software (Thailand)Co,. Ltd for their clients to Present Trade Mission as Second Big Broker and present for stocks and TFEX - Country Group, Asia Wealth, Phatra, Kasikorn Bank are our next goals. - We plan to get around 20 brokers in Thailand and 10 brokers in India for Trade Mission AI trading Platform by year

32 9. Roadmap February 2018 Start AI crypto currency exchange project May 2018 DDOS Integration July 2018 More Coins will be added to exchange September 2018 March April 2018 Fund Raise Through Coin Sales July 2018 Exchange Launch August 2018 Listing on coin market cap (MST), Listing on external exchange (MST) More coins will be added in exchange October 2018 November 2018 Android and IOS wallet (MST), Merchant acceptance online stores (MST) listed on second and third exchange (MST), More coins will be added in exchange we will keep on growing 32

33 2nd quarter 2019 Raise Funds though IPO In Thailand Stock Exchange and listed our company in the market under symbol "MST " 4th quarter 2019 Live and start trading in MST Exchange MST coins can be converted into MST IPO's in near future where most plans to sell IPO and listed in Thailand, India, and Singapore by What you risk is Zero because We are already live and company will grow rapidly by the end year 2018 with full staff and live off same as our previous history in the past 2016 to Streaming is one of Thailand Trading platform which generated net profit of 490 million Baht for the past financial year 2016 and with thin trading volume compare to current daily trading only daily trading volume was million baht.end year 2017 till date Thailand has broken the all-time highs after 43 years of bearish and now has daily trading volume up to 80, ,000 million baht and we are live to take this advantage and benefit.our growth for this financial year after having 6 brokers and plan to get 20 by next year on board and. (please see Business Plan for more details ). We expect heavy and rich growth in our company and all can benefit and grow with us by holding our coin as safe and growth investment and opportunity. 33

34 10. Conclusion We believe that blockchain and cryptocurrencies are the payment method of the future. Trading plays a major role in creating awareness about crypto in whole world and crypto currencies. Thailand and India is the second largest county regarding trader, have a whole lot to offer to the crypto currency world MST AI Trading Platform wants to offer a user-friendly interface to all users of being the safest, fastest and secure platform. MST will make trading profitable all around and will offer its participation in the crypto currency world With the ICO to be conducted by the MST, a wide range of individuals will have the opportunity to participate in our long-term growth and success story. MST is a protocol that facilitates a decentralized exchange of ERC20 tokens on the Ethereum blockchain. MST allows multi-token transaction exchange, as well as liquidation exchange on the blockchain under different circumstances MST offers benefits to both users and exchanges by deferring risk from both parties in decentralized smart contracts, minimizing fees and cost to create more profitable orders through ring-matching and order sharing, and as a cross-platform protocol. MST protocol fits any ERC20 and smart contract blockchain platform. Our team will develop MST Wallet and MST AI TRADING APPLICATION on the Ethereum blockchain as it is the Key to the Future. 34

35 For your confidence in MST Please visit