Introduction

2017 was the year of massive boom in the cryptocurrency market, reaching a roughly estimated cap of over $500 billion. In lieu of this and the remarkably increasing number of applications it offers across board, blockchain; the underlying support of cryptocurrencies has become a trendy topic today. Healthcare delivery, gaming, insurance, financial trading, the list is seemly endless.

Of the abovementioned, its impact in the finance industry is most worthy of note.

Blockchain in layman's term can be described as a distributed ledger that is open-sourced, yet once an input is made it becomes inalterable. This sort of transparency alongside a few other perks makes it a preferred choice to traditional financial system.

Financial Trading Market

Financial trading encompasses virtually any sort of exchange that is possible in the world of finance. From derivatives such as options, futures, etc to bonds, shares and co. All can be traded on the floor of the financial exchange market but the intending investor typically, requires the services of a broker to partake. The broker serves as intermediary between the buyer (investor) and seller, and this is because the broker has superior knowledge of the market, its intricacies and all the technicalities associated with it. So basically, he invests on behalf of the retail investor, in the process assuming the risk burden.
However, one problem with this sort of arrangement is that it exposes the retail trader to exploitation. Its not impossible that the broker pockets the lion share of a derivative trade profit, declaring the remnant as actual profit to the owner.
This is one of many other things than can go wrong so long as a brokerage party is in the equation.

From the foregoing, it is essential to have a platform that provides peer-to-peer interaction, where they would be no need for a brokerage party. This is what level01 promises and even more.

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What is Level01?

Level01 is indeed the first of its kind. It is a p2p derivative exchange platform based on blockchain technology with AI trade matching and settlement options.
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The platform is highly-simplified and easy to use because all technical aspects of options trading have been carefully incorporated into the user's easily comprehensible go-to trade options.
By implication, the barrier of entry is lowered such that any intending investor can easily get involved. In essence, both trading parties can confidently enter into a contract without a brokerage party as intermediary.

Highlights of Level01 platform

Fair Sense Technology

The platform makes use of highly-intelligent A.Is that have greatly improved by series of machine language learning and study of users trade pattern. These A.Is are responsible for the efficient functioning of the market and facilitation of fairness in pricing. It enables either party to efficiently discover price, knowing fully well of its integrity.

Furthermore, fair sense technology helps matchmake users to counterparty. This way, sentiments and bias treatment are eliminated from level01's market. It would be impossible for any whale to remotely control the fate of the market, as is the case with a number of platforms.

Automation and Transparent Transactions

As level01 utilises blockchain technology, transparency and automation on the platform is simply inevitable. True to its character, blockchain facilitated transactions have unique timestamps and the address details is likewise accessible to any user. Therefore, it gives all the necessary information for the want of transaction auditing.

This is in stark contrast to the clandestine operation of traditional financial trading system.

LVX Tokens

LVX token is the sole transferable currency on level01's platform. It is an ERC20 token.
Unlike other known cryptocurrencies, the LVX token is not subject to sudden price volatility. And, the essence is to minimise the incidence of supernormal profit/loss of users, as it can greatly destabilise level01's market.
Being the sole means of value exchange on the platform, users will also be rewarded LVX tokens each time they make profit from correct market price predictions.

How do users stand to gain?

Users can gain from the platform. in a number of ways.
1.) Users will get to earn tokens through hosting of trade rooms, and by consequence, with an increasing number of host room owners, the price of LVX token will be sustained.

2.) Through use of the token as the unified value in options trading, winners get to earn too.

3.) Again, if there is an appreciation in market value of the token, users will get to earn too.

Conclusion

The burden of placing trust in the competence and perceived integrity of a broker to communicate and perpetually act in best interests of the owner (investor) is a big gamble. And, can be very costly. Therefore, it is quintessential to profer a solution that does not include the broker in the equation. Notwithstanding, there is the issue of market knowledge, the retail and local investors typically know little about the market intricacies.
Well, level01 is here and intends to solve these problems by availing such platform as that which as been carefully explored from the foregoing.