Loopring - Decentralized Exchange and Open Protocol

Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future

STO/ICO Status

Status
Successful
Symbol
LRC
Start Date
2017-08-01
End Date
2017-08-16
Amount Raised
14,530 ETH
Soft Cap
50,000 ETH
Hard Cap
120,000 ETH
Token Supply
13,950,760,545,239
STO/ICO Website Owner of Loopring?
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Basics

PlatformEthereum
TypeERC20
AcceptingOthers, ETH
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially raising the liquidity of cryptocurrencies, we are building the financial system of the future.

Zero Risk
Loopring does not require members to send tokens to exchanges for custody. Tokens always remain in their blockchain addresses during the whole transaction life cycle Members can even transfer their tokens around after orders are submitted - Loopring will automatically adjust trading amount at the initial price. Loopring protects members from threats such as exchange bankrupcies and DDOS.

Decentralized
Orders are automatically executed while trade’s funds remain under their control in a decentralized smart contract on the blockchain.

Order Sharing
Loopring mechanism allows to order break into small pieces, identifies the best exchanges and times to trade those pieces on, and applies game theoretic logic to optimize trading results. Loopring can also well protect trading from DDOS attack.

Ring-Matching
Loopring is a decentralized, automated trading intelligence interfaces between crypto exchanges and blockchains, using our balance sheet to enable users to realize liquidity many times greater than available directly in the market, by both generating liquidity within the platform and breaking orders into small pieces that are placed across all market venues simultaneously.

Cross-chain protocol
Loopring was designed to be blockchain agnostic. As long as a blockchain has smart-contract support, Loopring can be implementd, and all ERC20-like tokens on such a blockchain can be traded under Loopring.

Team

Daniel Wang
Daniel Wang
Founder
Jay Zhou
Jay Zhou
CMO
Johnston Chen
Johnston Chen
COO