Bankex Launches Tokenb Exchange Engine in Telegram
The BANKEX team has launched a new token exchange engine that’s built into the hugely popular Telegram messenger. TEX – Telegram Token Exchange technology platform The Exchange displays and matches all trading orders for trades made with the MainWallet ecosystem.
The operating principle of TEX exchange is very simple and can be used with any modern messenger. You add a special bot @mainwalletbot to your current or new group chat as admin and then create a trade using the format command, for example: /trade 942 TRX for 0,1 ETH.
This command creates an offer in a group chat and another member of the group can answer it. And here TEX starts to work – the trade offer is duplicated to the general channel of TEX exchange @mainwallettex which is available to all users of telegrams and can match interesting deals. This system provides trading liquidity for tokens, with a focus on loyalty points use case.
If you want to make only private exchanges, you can release a special PayBot and make transactions within your community. This technology opens the loyalty market for any brand, merchant or community.
The Telegram Token Exchange takes a commission from trades, the standard commission is now 0.25% for the maker and 0.25% for the taker. The most interesting thing is that the revenue is shared between the owner of PayBot and the administrator of the group in which the deal was created. This creates an opportunity for all ecosystem participants to make money, not just for the exchange as it is now in other markets.
The token exchange with a native interface in the messenger has no analogues in the world now, it’s a really advanced and innovative financial technology, try MainWallet and see how it works.
The Bankex Group is a fintech company providing digital assets processing, as well as blockchain-based continuous securitization in real estate, money lending and media markets. Our mission is to connect regular people and small/medium business owners to capital markets.
Bankex Group is developing “neobank” called Bankex MainWallet – a messenger-first financial application for social commerce that is packaged as Telegram wallet-bot with connected App Store. Bankex MainWallet enables personal and merchant transactions within messengers (Telegram and others).
The company was founded in 2017 by Igor Khmel, former head of innovation at a top10 European bank, and also ex-McKinsey, ex-Citadel hedge fund, Stanford GSB alumni.
Bankex is a member of Startup Fintech Accelerator in Redwood City, California. Silicon Fintech Bay’s partners include Franklin Templeton Investments, Japanese tech company Fujitsu, investment management company Principal and Flagstar Bank.
Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.Irish Tech News put him in the top 10 Token Architects in Europe.
Kastelein has an Ad Honorem – Honorary Ph.D. and is Chair Professor of Blockchain at China’s first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford’s Saïd Business School for Business Automation 4.0 programme. Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission’s SME Instrument programme as a startup assessor and as a startup judge for the UK government’s Innovate UK division.
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.