Why Sorbase tokensale?
done Clear token holder benefits
done Strict business model behind
done European jurisdiction
done Licensed company
done Working prototype
done Solid team background
European Crypto Liquidity Aggregator ECN (API)
Sorbase Hub is connected to more than 25 of the largest crypto exchanges around the world
The best rate possible
Seems pretty simple, don’t you think? In fact, everything is a little bit more complicated…
Transactions of large amount
Something vital you must understand: there is no such thing as fixed price of currency on the exchange. The demand and supply are formed by the book of market orders. This book starts with the best rate and ends with the worst one.
The amount of crypto currency that you can buy or sell at a market price is quite limited. More or less large transaction can start moving the market and the deal will be closed at an unacceptable price. In addition, one single exchange may not have a required amount of crypto currency.
Smart Order Routing will help you with this problem. This system analyzes an incoming order, leafs through all order books from all exchanges, then divides your order into several parts and executes the deal the best way possible.
Sorbase algorithm collects all the scattered data into structured clusters of information. Involving BIG DATA technologies, system analyses history of all completed transactions and improves itself all the time. A good example is struggling with slippage: analysis of the difference between expected rate and the actual rate of closed deals for every exchange/currency pair/period.
Let’s move from theory to practice
You will receive:
Number of orders: 1
You will receive
Despite the complexity of the system and a lot of participants in the system, we are able to execute any order in less than half a second due to modern technologies and our working capital.
Order execution time
Any crypto asset
Our goal is to grant access to a maximum number of crypto currencies, traded on exchanges.
But that’s not yet all. We are planning to provide an opportunity which allows you to work with any crypto asset that has a material value. Why don’t you buy a cup of coffee for your tokens?
Sorbase API provides immediate access to
The best exchange rate that is possible to achieve.
Almost unlimited pool of liquidity.
High-end infrastructure for generation and secure maintenance of wide range of digital wallets.
Cases of use
Back-end of Sorbase will be developed by Tieto – one of the world’s leading IT companies. Among numerous products that they have developed is BankSyst – a system used by the largest Scandinavian banks (SEB, Swedbank, Eesti Pank).
The reason why we’ve chosen Tieto as our main IT partner lies not only in the reliability, excellent quality and security. Software solutions of Tieto are widely known in the banking sector which greatly facilitates an integration of our platform in existing banking systems. Also, Tieto’s impeccable reputation will disperse any doubt of our clients about our product.
Insured by Lloyd’s
Our goal is to become a reliable partner for everyone whose business one way or another adjoins with crypto currency. And by reliability, we mean not only protection from cyber attacks, but also financial and legal guarantees which ensure safe storage of allocated funds.
We often face with a misunderstanding: many people wondering how does it possible to insure crypto currency? Perhaps, we can’t insure it, but we can totally insure a responsibility in case of obligation default before third parties if it occurs*.
*Default insurance is one of the types of liability insurance which protects interests of one party of the contract in the event of default of the other. The object of the insurance is the property interests of a party who have concluded a contract.
According to CoinMarketCap.com average amount of daily transactions on all exchanges for 8 major crypto currencies is (as of August 19, 2017):
Total number of tokens
Token type: Ethereum ERC20
30% of tokens we will keep to ourselves
For all transactions made through Sorbase Hub we are taking commissions. These commissions could be paid only in SOR tokens.
During Sorbase’s client base growth, more and more SOR tokens would be required to use our services, since the total number of tokens is limited, this will increase the purchasing power of tokens. In other words, the price of tokens will grow.
On the other hand, since our income is formed in SOR tokens and we are vitally interested in SOR price growth, we will do our best to increase our client base.
Licensed company (Estonia)
3 exchanges connected
10 000 ETH
1 Additional office in Hong Kong or Singapore
Sorbase Ecosystem (basic services)
5 exchanges connected
Existing team + 3 employees
Support center on outsourcing
10% from rised funds goes to marketing budget
25 000 ETH
1 Additional office in London
Sorbase Ecosystem (fully developed)
Services for Payment Institutions
10 exchanges connected
Existing team + 10 employees
Own support center
25 000+ ETH
10+ exchanges connected
Services for large Financial Institutions
SORBASE company is registered in the Republic of Estonia – the homeland of such well-known projects as Skype, TransferWise, Taxify, GrabCAD, etc. Estonia is not a random choice. This country has great IT specialists, progressive legislation and minimal interference of the state in the business sphere.
It is also important that legal directives of European Union regulate the activities in the field of alternative means of payments. It creates necessary legal framework for our legitimate business.
Team experience summary:
done 10+ years trading in one of the largest European bank
done Development of database for national traffic police
done Decades of IT/design practice
done Numerous projects creation and management
bitcoin debit cards issued
Ervin Green, AML and Compliance
Good Finance Company, Estonia