atlas ats powerpoint indiegogo
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Fastest Matching
Short Selling
Fair Market Leverage Trading
Auto Market Making Best Execution
The next liquidity hub for digital currency
Transparency
Best Practices
Mission & ObjectiveAtlas 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.
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’.
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
Receivers
Flow of Bitcoin and
Cash
How Does Bitcoin Work?Sender Receivers
Banks Exchanges
WalletsWallets
Validates
1a3AZddyy355XXa23y
Money Transfer Services
Private Key
Block Chain
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.
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.
The Bitcoin Ecosystem
Coinbase
Ripple
BitPay
Mt Gox
CampBX
Bitstamp
Atlas BIPS
Exchanges Payments
HedgeFund
Miners
PropTrader
MarketMaker
Liquidity Providers
John Doe
John Doe
John Doe
John Doe
Individuals
Decentralized Market
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
Log in
How Atlas Works?
Create an account Make a request to transfer
or
Send payment
Banks
How Atlas Works?Account credited
Trade your Bitcoin
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
Atlas Web Based Workstation
Trade Tab
Open Orders on Atlas
Trade Ticket to enter orders
Atlas Web Based Workstation
History Tab
Executed orders on Atlas
Fees paid for buying and selling
Bitcoins
Atlas Architecture
Bitc
oin
Exch
ange
s
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
VPNTrading
Web Trading
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.
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.
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
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.
Building Quality Markets for Digital Currency
Atlas Inc.95 Morton Street, New York, NY 10014Phone: 917-398-0013Email: [email protected]