LEVEL 01: DERIVATIVES EXCHANGE

Cryptocurrencies are made possible by blockchain technology. They are digital assets that function as a medium of exchange and store of value. Popular layman terms forcryptocurrency are just 'coin' or 'token'. Cryptocurrency adoption and recognition is growing exponentially due to factors such as its resilience to be counterfeited or falsified, its decentralization and independence from any authority or government, and operability at a global digital level, making transactions fast, 24/7, and with known costs.

A. What that Level 01?

Level01 is the World’s 1st Peer to Peer (P2P) Derivatives Exchange with Artificial Intelligence (AI) Trade Matching Technology and Settlement on the Blockchain.

Generally, options are the easiest financial instruments to trade, while effectively encompassing all the asset classes. Options are agreements/contracts between two parties with an opposing exposure to the price of an underlying asset. The results (payoff) of the derivative contract are derived from the asset’s underlying price without actually physically buying or selling it, which may be prohibitive if the asset is highly priced. Options contracts have an expiry time, and when it is reached, the party that benefits from the right choice of exposure receives the predetermined proceeds (profit) from the other party.

Level01 allows users to trade options contracts directly with one another peer-to-peer (P2P) without the need for an intermediary broker; with a proprietary system that was designed to leverage blockchain, cryptocurrency and smart contracts technology for automation and transparency in market data, trade contract intent & matching, transactional history, and trade profit settlement. For improved efficiency, peer-to-peer trade matching on the platform is assisted by a specially formulated algorithm ‘FairSense™’, which analyzes trade intent patterns of users on the platform and matchmakes or suggests them to counterparty users.

Level01 also introduces the concept of the ‘Ecosystem Exchange’ by integrating features that allow users to be rewarded when participating in the ecosystem. This encourages more users to join from the increased liquidity base, thus creating an ecosystem network effect which benefits everyone.

B. Key Feature Level 01

1. SIMPLE / ADVANCED TRADING

Simple, effective trading experience with advanced features for experienced users.

2. AUTOMATED BLOCKCHAIN SETTLEMENT

Automated, transparent trade settlement handled by blockchain smart contracts.

3. TRANSPARENT MARKET DATA

Fully transparent market data verified by 3rd party oracle service providers.

4. MARKET ASSET VARIETY

Trade both traditional & cryptocurrency market assets for more opportunities.

5. FAIRSENSE ARTIFICIAL INTELLIGENCE

AI analytics fair price discovery enabling better quality trade matching experience.

6. TRADE ROOM HOSTING

LVX token staking mechanism enables trade room hosting to earn commissions.

7. INSTANT DEPOSIT / WITHDRAWALS

Trader has full control over funds and deposits/withdrawals are done instantly.

8. HOTSWAP CAPABILITY TOKEN WALLET

Instantly change platform native token to Bitcoin or Ethereum for more liquidity.

01 APP FOR EVERYONE TO TRADE

The Level01 App enables investors to trade derivatives freely from a multitude of assets, ranging from Forex, Cryptocurrencies, Commodities, Stocks and Indices, investor opportunities are boundless.

High speed live tick by tick data is streamed and displayed in fully informative, interactive charts; with a multitude of analysis and charting tools for more advanced users.

The App features a proprietary user interface that makes it simple and efficient for conducting peer to peer trading with other investors in the Level01 Exchange.

The App integrates seamlessly with the Ethereum blockchain, enabling investors to fund contracts and trading transactions while maintaining full control over their wallet assets.

Web based and iOS versions coming soon!

LIST Smart Contract Protocol

1) Users can be counterparties to an options contract by accepting a matching price of the contract.

The ‘matcher’ would cryptographically sign to match with a trading intent with his wallet’s private key, and the platform will match the counterparty acceptance with the trading intent.

2) The platform will verify sufficient token balances are available for both parties, before attempting

to invoke the LIST smart contract. Upon successful verification, the platform will send all parameters to the LIST smart contract for handling.

3) LIST smart contract verifies signatures, checks if both users have sufficient balance in wallet,

and if yes; transfers and locks appropriate amount of tokens from both corresponding parties while sealing all contract parameters to be stored on-chain. LIST monitors and waits for contract settlement event to occur. A trusted 3rd party oracle service serves as an additional judiciary with cryptographic proofs on result data used for determining trade winner.

Once the winner has been determined, the smart contract will distribute the profit to the winner, and the allocated platform fees to the platform wallet (PW).

Token Purpose

A medium of exchange within a trading platform requires stable pricing with minimal/gradual fluctuation, which is the basis of an individual platform token instead of utilizing cryptocurrency assets such as Bitcoin or Ethereum, that are subject to extreme price volatility due to intense external factors and speculative trading.

Users on the Level01 platform derive profit from their endeavours, and contract pricing is an integral part of any trading strategy. A sudden drop or rise in the value of the trading token will severely affect the profit/loss of the users in the platform and destabilize the platform economics.

As technology is constantly evolving, Level01 also requires a token that can be future aligned with its platform development goals. For example: the Level01 platform has a token staking mechanism which incentivizes investors to stake tokens, thus reinforcing the price value of the LVX token. This sort of ecosystem feature would not be able to be integrated if the platform were to use another token, for example: Ethereum, which does not have a capped token limit.

Thus an internal value token specific to the Level01 platform is necessary to provide a

stable environment for platform users to trade in.

Total LVX token Issued (Tokenomics information)

Minimal Raise : USD $15.000.000

Maximal Raise : USD $75.000.000