TakeOff

TakeOff Exchange is a virtual currency exchange platform that mainly deals with transactions of original tokens issued by startups supported by the TakeOff Centre. Original tokens are listed on the TakeOff Exchange after the token sale stage has been completed, and these tokens are exchangeable with Ether or other startup’s original tokens. TakeOff Exchange enhances liquidity by preparing a market to exchange tokens. The transaction fee between original tokens issued by startups supported by the TakeOff Centre will be kept low. Currently, we plan to operate in Europe and Asia. Recently, due to technological innovation, easy-to-use distributed exchanges are established. Distributed exchanges have the advantage of being able to avoid the risk of hacking because users can trade without depositing their private key. Due to the spread of distributed exchanges and similar technologies, in the long term the fee of the virtual currency exchange will go down. We will decide how to implement TakeOff Exchange while judging the trend of technology. Whether or not fiat money and virtual currencies exchanges will be handled and how they will be handled will be determined by acquiring licenses2 and negotiating with banks and FinTech companies.