FIDELIUM - Cross Exchange Trading Platform

Fidelium’s Fortress Online Trading System (OTS) offers a way to ameliorate price difference by providing access to different exchanges around the world within a single platform. You will be able to check different prices a certain coin is trading at different exchanges, determine which exchange offers the best price, and make appropriate trades at whichever exchanges you want. Having access to different exchanges around the world has never been so important in the cryptocurrency market. With “Fortress,” you can trade any cryptocurrency at any supported exchange you want, without any hassle, or time delay, enabling you to make the most out of your cryptocurrency trading

Please watch our video here below

Fortress brings different exchanges around the world together into one platform, and delivers them at your fingertips. You can buy any cryptocurrency you wish at any supported exchange, and sell it at any exchange, even if it’s not the exchange you bought it from.

Program Overview

Let’s take a look at Fortress. Please keep in mind the images below are screenshots of Fortress, which is in the prototype development/design phase. So, it may look different when it is released.

At the top is the “Cryptocurrency Price Ticker” (figure. 3) showing the biggest price differences amongst different exchanges, along with the account’s balance of those coins. (If you do not have any litecoin, the balance would simply show as zero. You will also be able to select which coins you want to be displayed in the settings menu.)

 Cryptocurrency and Exchange Selection

If you click the “Select Exchanges” button, you will be presented with a pop-up window below.
Here, you can select which of your asset you want to spend, the coin you want to buy, and set which exchange you want to sell at or buy from.

Once you select the coin you want to buy, you will be presented with detailed information, such as the current price, arbitrage opportunity, change in past 24 hours, and trading volumes. 

Figure. 6 is an example when you would have selected Bitcoin to trade in the Fortress. 

We wanted to come up with a practical solution to enable real-life cryptocurrency spending. So, we looked at the how we spend money in our everyday life, and the answer became quite clear. Most of our spending was done through our credit/debit cards. The only time we actually used cash was when we were dividing up a bill. Even then, some of us will just send the money through our banks’ or other P2P payment apps. Other than keeping some cash on hand for emergency, we weren’t using “cash” in our lives.

So, we decided to look into the debit card system. Being able to spend cryptocurrency by just swiping a debit card would be very simple and convenient way for people to spend cryptocurrency in real-life. 

While the back-end structure is a bit complicated, the basic idea is very similar to how a regular debit card would work. The difference would be whereas a regular debit card, issued by your bank, will draw funds from your checking account, the Fidelium debit card will draw funds from your cryptocurrency balance. 

For our system to work as we envisioned, there are few very important elements that needs to function correctly. 

1.  A multi-cryptocurrency coin wallet app integrated with debit card network.

2.  2. Liquidity Provider, guaranteeing transactions. 

3.  Fortress – Fidelium’s Cryptocurrency OTS, fully integrated with our website/app

Fortress, Cross-Exchange OTS (Online Trading System) 

As stated earlier in the white paper, users will be able to buy, and/or sell various cryptocurrencies at different exchanges around the world through Fortress, "check pic below..."

Fortress also has another important purpose. It enables us to sell cryptocurrency in timely manner to cover the cost debit card transactions. Without it, we would not be able to provide a stable liquidity for Fidelium debit cards. 

Until the Fortress is completed, tested, and release, Fidelium app will be integrated to a cryptocurrency exchange we have selected for us to settle out the debit transaction amount. 

Fidelium’s Road Map

As stated earlier, our goal is to provide an “All-In-One platform to bring crypto-exchanges around the world to your fingertips and enable cryptocurrency spending in everyday lives.”

* To unite the exchanges around the world – Fortress system.

* To enable cryptocurrency spending in everyday lives – Fidelium Debit Card

Fidelium’s Time Line

Fidelium’s token - FID Summary 

Fidelium’s token “FID” is a Ethereum’s ERC20 token, with total mint of 300,000,000 FID’s. 

The soft and the hard cap are set at 38,000,000 FID (approximately 10 million USD), 150,000,000 FID (approximately 47 million USD), respectively. 

Any and all funds past the hard cap will be refunded to the wallet address they were sent from. Accepted cryptocurrency are Bitcoin, Ethereum, Litecoin, and DASH.

FID's Utility

The main purpose of FID is the fuel for our platform development. Once our platform is fully developed and integrated, and FID is listed on numerous exchanges, users will be able to use FID just like any other cryptocurrency in our platform. 

Users can trade other cryptocurrencies using FID token, and even fund their offline purchases made with Fidelium prepaid debit card in daily lives. Furthermore, FID can be used to pay for transactions fees when you are trading in Fortress. 

You will be able to decide whether you want to pay the fees in the trading coin, or in FID. Not only will you be able to use FID for transaction fees, you will also receive discounts as well if you use FID to pay for the fees. To award long time holders, we will also offer reduced transaction fees if a user holds onto a certain amount of coins over a certain period of time. 

If one holds onto FID tokens in Fortress, he will receive discounts on transactions happening within the Fortress. If one holds onto FID tokens in Fidelium app, he will receive discounts on transactions within the app. When you use your Fidelium debit card, and use your FID as the payment method, you will get a small percentage of FID back as a reward, or “FIDBACK.” 

Exact details on the percentages and amounts will be released alongside Fortress and Fidelium app. 

Token Structure Overview

Total of 300,000,000 Fidelium token will be minted, and 150,000,000 of them will be available for token sale. 

The overall token allocation is demonstrated below.

Total 50% of all the tokens created will be allocated for sale. 

Total 30% of all the tokens will be used for various marketing purposes. 

Fidelium will only keep 10% of the total token as the company reserve. 

Remaining 10% will be allocated for our team. 

In total, 80% of all token will be released to the public. 

Token Sales Fund Allocation

The funds we raise from the token sale shall be allocated as below.

The largest portion, 45% of the funds will be allocated for platform development, which includes the Fortress Online Trading System and the mobile application development. 

An equivalent portion will be spend on the marketing for the Fidelium platform. This includes both online and offline marketing campaigns. 15% will be used to for our affiliated partners, and 5% for legal counsel. 

For Promotion and Offline Testing, we will be setting up offline shops to actually test out our service in real life and run promotions to further spread the Fidelium brand. The last 5% will be used to make donations to various charitable organizations and institutions. 

Our Fidelium Team

A brief description of fidelium for more info please visit our official link below:

Website - https://fidelium.io
Facebook - https://www.facebook.com/FideliumToken/
Twitter - https://twitter.com/FideliumToken
Telegram - https://t.me/fideliumtoken
Kakaotalk - https://open.kakao.com/o/gd7QQ0E

Author by : Ibu Efi333

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