bZx: A decentralized margin lending protocol & liquidation oracle marketplace on the Ethereum blockchain.

bZx is the first fully decentralized, peer-to-peer margin funding and trading protocol:

Decentralized exchanges need functionalities like margin lending and clearinghouses. bZx makes these possible through trustless smart contracts. Whether you’re a lender or borrower, you stay in control of your keys. Never worry about exchanges getting hacked or stealing your funds. Make money with the assets you already hold in your wallet without giving up control of them. Interest rates on margin loans are often much higher than traditional loans while being far safer. Traders on centralized exchanges pay higher interest rates to compensate lenders for the risk of the exchange getting hacked. Decentralized margin lending makes trading more affordable.
Decentralized exchanges have two big issues: low liquidity and large spreads. Low liquidity means that there is a low volume of buyers and sellers. This can result in worse prices or difficulties filling large orders. Large spreads are caused by large gaps between bids and asks. This imposes large costs for entering and exiting positions. bZx bridges centralized and decentralized liquidity pools using tokenized margin loans. With bZx’s Universal Liquidity, you get access to the entire margin lending market. This means less slippage and tighter spreads.

bZx pools loans together in a decentralized clearinghouse. Lenders can lend to a whole pool of people, averaging risk across many borrowers, allowing for a more predictable income stream. All bZx loans are insured with the bZx guarantee fund. The BZRX token is used by relays to collect trading fees. Token holders decide how to upgrade the bZx protocol. Taking a long position involves a simple swapping of one asset for another. For example, you could swap DAI for ETH because you think ETH will go up in value faster than DAI.

TOKEN SALE: PERIOD ISN'T SET
Ticker: BZX
Token type: ERC20
ICO Token Price: 1 BZX = 0.0730 USD
Fundraising Goal: 36,500,000 USD
Sold on pre-sale: 7,300,000 USD
Total Tokens: 1,000,000,000
Available for Token Sale: 50%

about blockchain:
The arrival of the blockchain technology introduced many advantages to the world making its potential huge. It allowed many computers to take part in a network, distributing the computing power, which helped reduce the risk in any tampering, fraud or cyber-crime. Furthermore, it allowed different parties to believe that transactions between them are indeed real and valuable. With immutable records of transactions this also ensured a possibility for a massive range of digital transactions to happen without any central authority. With significant reduction of monopolies or middle men, this also removed a lot of costs from the equation. Blockchain also ensured immutability, as any transaction can be confirmed and shared across the distributed network, while almost impossible to undo.

Team:

TOM BEAN
Founder and CEO
Tom has spent over 15 years developing and leading teams. He was Lead Developer at HERE, a multi-billion dollar consortium of German car companies (BMW, Audi, Daimler) specializing in GPS technology, before co-founding bZx. Tom graduated from Georgia Tech with a degree in Computer Engineering before later receiving his MBA. He built the bZx protocol from the ground up in Solidity in addition to co-authoring the whitepaper.

KYLE KISTNER
CVO and Operations Lead
Kyle is the lead author and architect of the whitepaper. MSc in Computational and Molecular Biology. PhD track dropout. Microeconomics nerd. He has been following blockchain with an academic interest since 2011 and has been critical to the inception and execution of the project. He directs his strengths in analysis and synthesis toward decentralized system design.

ALIAKSEI HIATSEVICH
Senior Blockchain Engineer
Experienced senior Software Engineer with a demonstrated history of working in the computer software industry. Skilled in Blockchain, Ethereum, C/C++ and Linux. Aliaksei specializes in full-stack DApps development with a higher expertise on smart contracts development, maintenance, performance optimization and auditing. Lately, he's been working on security audits, sidechain networks (parity based), atomic swaps development, ICO/TGE/Crowdsales/Airdrops and protocol development. He has deep knowledge on several Token standards such as ERC20 and ERC721. He is passionate about speaking at conferences about Tokens and Solidity development.

ALEX SHAFRANOVICH
DApp Full-Stack Engineer
Alex is an accomplished software engineer with 10+ years in building web applications and an extensive experience in leading development teams. As a Team Lead, he can boast of strong expertise in all the facets of project implementation—from establishing communication with the customer to testing and post-production support. Besides development, Alex is efficient in formalizing and distributing tasks, always aware of the strengths and weaknesses of each team member. He is passionate about blockchain technologies and applying best practices in both, software development and agile project management.

MANUEL GARCÌA
Project Manager
Manuel is Technical Lead at Protofire, a blockchain development firm that provides Project Management services. Manuel works alongside Tom Bean to develop the product and manage the bZx development team. Manuel has spent the last 15+ years working at the intersection of business and software innovation. He has seen how the latter can change the way existing and completely new organizations behave and create value. Manuel is responsible for helping token-based startups with protocol and smart contract engineering.

For more information about the ICO, please visit the following links:
website: https://b0x.network
twitter: https://twitter.com/b0xNet
Facebook: https://www.facebook.com/b0xNetwork/
Telegram: https://t.me/b0xNet

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Bitcointalk username: among

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Bounty0x username: hassan500