In the winter of 2016, we set out on a mission to transform the trading industry. Our goal is to become a leading beacon in the new Internet of Money world, using blockchain technology to create a fair distribution of risk. After months of research, meetings, development and legal work, we are proud to introduce the Lucid Foundation and the LucidExchange trading platform.
Lucid’s mission is to develop a blockchain-based, open source protocol that will power trading platforms in the US and around the globe. A true peer-to-peer trading protocol, embedded with a full suite of risk-assessment mechanisms, that will be completely autonomous and impregnable – a trader-focused alternative to today’s highly centralized capital market systems.
The Lucid protocol will create unique distributed ledgers for each asset sold. It will convert the terms of each trade into self-executing smart contracts and automatically maintain risk and margin requirements, allowing for cost-free, instantaneous settlements, and full transparency.
TradeX (TRD) , Lucid’s cryptocurrency, will power the ecosystem, incentivize worldwide participation of developers and users, and will ultimately be the native token for any DApp that will use the foundation’s protocol.
LucidExchange, is the first DApp commodities and securities exchange platform to deploy Lucid’s protocol. LucidExchange trading platform will allow individuals to trade in a wide range of asset classes. LucidExchange is seeking registration with the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).
Minimal transaction fees.
Tight Bid/Ask Spreads.
Transparency.
Legality.
Security.
January 2016
May 2016
June 2016
July 2016
October 2016
November 2016
December 2016
January 2017
March 2017
May 2017
June 2017
August-September 2017
Sometime between Dec 2017-Jan 2018
December 2017
Q1 2018
Q2 2018
Q3/4 2018
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
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