Atlas ats powerpoint indiegogo

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  • The Sender downloads a Bitcoin wallet or uses a wallet service.The client generates a Bitcoin address, which is unique series of characters and numbers. The address is given to anyone who needs to send a payment too.Buy Bitcoins from another person or a trusted vendor who will transfer some n exchange for cash. It is much like sending an email.When you receive a Bitcoin, the receiver will confirm its authenticity to ensure that is has not been spent, Bitcoin miners validate the authenticity of the transaction for the coins.
  • The Bitcoin echo system consist of four different types of market participants, ‘Wholesale Exchanges’, ‘Retail’, ‘Liquidity Providers’, and ‘Individuals’.Wholesale participants are exchanges who can facility large blocks of Bitcoin trades, typically $10,000 dollars or more.Retail participants are more focused on money transfer, payment services, and conversion of fiat currency to Bitcoin and and Bitcoin to fiat currency, for transactions less than $10,000Liquidty Providers are professional trading firms who speculate the rise and fall of the prices of Bitcoins.Individual are retail users who buy and sell Bitcoins for investments as well as for speculation.

Transcript

  • 1. The next liquidity hub for digital currency
  • 2. Mission & Objective Atlas is dedicated to providing a secure, state of the art technology exchange platform for transacting bitcoin and other digital currencies. Atlas will be providing critical and timely support to the bitcoin economy, which requires proven, mature exchange technology in order to establish the liquidity and stability.
  • 3. What is Bitcoin? Bitcoins are a virtual commodity that have many similar properties to traditional cash Utilizing strong cryptography and a peer-to-peer network, Bitcoin serves as the first currency without a central issuer There are currently about 11 million Bitcoins in circulation, there will only ever be 21 million Unlike Dollars and most other currencies can only be divided into two decimal points, Bitcoins can be divided down to eight decimal points; these units are called ‘Satoshis’.
  • 4. Bitcoin Terminology Bitcoin Wallet is loosely the equivalent of a physical wallet on the Bitcoin network. The wallet actually contains your private keys which allow you to spend the Bitcoins allocated to your Bitcoin addresses in the block chain Bitcoin Mining is the process of making computer hardware do mathematical calculations for the Bitcoin network to confirm transactions Bitcoin Block Chain is a public record of all Bitcoin transactions, in chronological order. The block chain is shared between all Bitcoin users. It is used to verify the balance of Bitcoin addresses Bitcoin Private Key is a secret piece of data that proves your right to spend Bitcoins from a specific Bitcoin address through a cryptographic signature. Each Bitcoin address has its own unique private key. 1a3AZddyy355XXa23y Block Chain Private Key Wallet
  • 5. Receivers Flow of Bitcoin and Cash How Does Bitcoin Work? Sender Receivers Banks Exchanges Wallets Wallets Validates 1a3AZddyy355XXa23y Money Transfer Services Private Key Block Chain
  • 6. Benefits of Exchange Trading Trading can be done from anywhere in the world with only an internet connection and a Smartphone, Tablet or Computer. Growing trading volumes, will lead to dense liquidity making it easier to get in and out of positions at the price you want. Fewer variables to consider as compared to stock or commodity trading. No inherent market bias like the bullish bias stocks.
  • 7. Regulatory Requirements of a Bitcoin Exchange Bitcoin exchanges must comply with money-laundering laws Mandatory registration with Financial Crimes Enfoncement Network (FinCEN) as a Money Service Busines (MSB) and collection of identifying information from each customer before opening the account State registration as a Money Transfer Business (MTB) to process money transfer of cash for each of the states Atlas conducts business in.
  • 8. The Bitcoin Ecosystem Coinbase Ripple BitPay Mt Gox CampBX Bitstamp Atlas BIPS Exchanges Payments Hedge Fund Miners Prop Trader Market Maker Liquidity Providers John Doe John Doe John Doe John Doe Individuals Decentralized Market
  • 9. Bitcoin Exchange Market •USD as a share of total bitcoin trading volume has fallen from near 100% to approximately 80% over the past two years. •CNY (Chinese Yuan), volume has increased to 4.7% in April 2013. US Dollar based Bitcoin trading is nearly 90% of all volumes The majority of the traded volume originates from the US but occurs overseas at Mt Gox
  • 10. Log in How Atlas Works? Create an account Make a request to transfer or Send payment Banks
  • 11. How Atlas Works? Account credited Trade your Bitcoin
  • 12. Atlas Web Based Workstation Navigation Bar Atlas Order Book of Buyers & Sellers Atlas order book of buyers & sellers Graphical chart of liquidity on Atlas Navigation bar Graphical chart of liquidity on Atlas Account balances and summary
  • 13. Atlas Web Based Workstation Trade Tab Open Orders on Atlas Trade Ticket to enter orders
  • 14. Atlas Web Based Workstation History Tab Executed orders on Atlas Fees paid for buying and selling Bitcoins
  • 15. Atlas Architecture BitcoinExchanges BTCe Bitstamp MT GOX Atlas Cloud Services Funding source Orders Market DataCustomers Institutions FIX orders FIX market data Matching Engine Trading Application Middle Office Atlas Cloud Services Auto Market Making VPN Trading Web Trading
  • 16. Fee Schedule Atlas uses add/remove style pricing, where it is possible to earn commissions instead of paying them. Traders earn 0.1% when adding and pay 0.4% when “removing”. "Adding" happens when you place a limit order that stays open on the book before getting matched by another. The trader placing the order that takes yours "removes." Margin Interest Rate for Leverage and Short Selling: Atlas offers margin trading. When a trader uses leverage to achieve higher profits, the trader effectively borrows money to maintain a larger position.
  • 17. Atlas On Ramp of Customers Phase One – Beta testing with simulated trading. Indiegogo campaign. Phase Two – Funding of Atlas accounts with bitcoins only. Phase Three – Funding of Atlas accounts with cash using a custodian bank. Phase Four – Launch of APIs for integration with professional traders, hedge funds, and market makers. Phase Five – Launch of aggregate market data and order routing of other major bitcoin exchanges.
  • 18. We Need You The bitcoin market is a brand new market. There are no derivatives or other proxies for bitcoin that add pricing factors to the market. The value of bitcoin fluctuates dramatically because there are no large liquidity providers to support temporary buyer/seller imbalances. The important factor is the acceptance of bitcoin by the global currency marketplace. The more bitcoin gains market participants and acceptance as a form of payment, the greater its value and long-term growth prospects
  • 19. Use of Proceeds for Atlas Contributions Funding Goal Level 1 -$25,000 – Promotional campaigns to increase public awareness of bitcoin and the role of exchanges for price discover and liquidity. Funding Goal Level 2 - $50,000 + – Further development to build out specific software enhancements based upon feedback from newly acquired Indiegogo users. – Lobbying to help formulate the regulations that might govern the bitcoin community.
  • 20. Building Quality Markets for Digital Currency Atlas Inc. 95 Morton Street, New York, NY 10014 Phone: 917-398-0013 Email: sales@atlasats.com