Mandala Ico Review: Aiming To Disrupt The Market

Mandala, found online at MandalaEx.com, is a cryptocurrency exchange that aims to connect the universe using blockchain technology. Find out what that means today in our review.

What Is Mandala?

Mandala is a new cryptocurrency exchange on a mission to “connect the universe through blockchain.” The word “mandala” means “universe” in ancient Hindu and Buddhist texts. Mandala also uses a flower as its logo. That flower is built with nature’s Fibonacci sequence in mind, “representing the continuity the universe provides.”

Flowery goals aside, what does Mandala hope to accomplish? How does the cryptocurrency exchange seek to differentiate itself from the hundreds of other exchanges available today? Let’s take a closer look at how Mandala works.

How Does Mandala Work?

Mandala aims to revolutionize the cryptocurrency exchange world by focusing on simplicity, security, and sustainability.

One of the unique things about Mandala is that it provides users with training at each step of the cryptocurrency trading process. You’ll not only be able to participate in active trading on the Mandala cryptocurrency exchange, but you’ll learn more about cryptocurrency trading while you do so.

Based on these training materials, you’d think that Mandala caters exclusively to beginners. However, the exchange also claims to offer advanced services that cater to institutional investors and advanced investors.

Some of the advanced features available on Mandala include integrated trade signaling for entries and exits, vital trading data and analytics, simple trading bot functionality, and more.

Why does Mandala put such a huge emphasis on teaching investors how to trade? The platform explains that “knowledge is power”. They aim to teach beginner trades how to trade more efficiently, helping to level the playing field and creating a more-informed marketplace overall. Today, many cryptocurrency users throw users into the deep end with barely any explanation of how trading works. Mandala has tools and resources that educate users while also seeking to increase their trading profits.

The full release of the Mandala platform is scheduled for Q4 2018, with a beta release expected in Q3 2018. Mandala also plans to launch Android and iOS apps before the end of the year.

Basic Information

Token                                                                MDX
Token Exchange Rate                                1 ETH = TBD MDX
Soft Cap (USD)                                           $3,000,000.00
Hard Cap (USD)                                         $18,000,000.00
Payment Methods                                       ETH, BTC, LTC
ICO Price                                                      ~$0.07
Tokens for Sale                                              260,000,000

Features

• Enterprise-level matching system – Lean design and advanced risk controls
• Trading of any digital asset
• Support for public and private blockchains
• Support for custom digital assets
• Advanced & custom APIs
• Financial Integrations – Banking, settlement, and payment rails
• Multi-language support to attract global clientele
• Modular Design – Move and customize widgets on the platform
• 24/7 Platform – The system never sleeps, support for round-the-clock trading and supervision
• Institutional grade throughput and security
• Advanced order routing and order lifecycle management
• Extremely scalable connectivity and trading engine
• Simple and secure authentication for KYC/AML compliance
• Continuous Improvement & Updates – Quick support for new assets, modules, and integrations

Hardware Wallet

Mandala plans to develop and manufacture a hardware wallet for users to store various cryptocurrencies safely and securely in cold storage. A hardware wallet is an electronic device that is designed to hold your private keys in a secure offline setting. This ability to store coins offline for safekeeping is referred to in the crypto community as ‘HODL’. The digital signatures and private keys that users need to transact or transfer with will be stored in this wallet. By using ancillary physical hardware no one can hack an account or wallet because the keys are not online to be stolen. Mandala has also road mapped a feature that will marry the Mandala Hardware Wallet directly to the exchange.

Token Sale

as an investor, the opportunity to participate in Mandala‘s crowdsale and be among the pioneers that will take advantage of our next generation exchange platform. Mandala crowdsale will be conducted in Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC), and investors will receive MDX tokens immediately via smart contract after their funds are submitted during the crowdsale. Due to the price movements of ETH, the amount of ETH Mandala will raise equivalent to our soft and hard cap will be determined at the start of the crowdsale.

Funds Allocation

Development (40%)
This will cover all R&D, development, security and manufacturing costs for the Mandala platform and ancillary products. We plan to engage with the highest caliber candidates and this fund is vital to the success and growth of our platform. Other expenses include design, development of smart contracts, cryptographic mechanisms, apps and interfaces, APIs, etc

Operations (20%)These costs include salaries of all Mandala employees, office expenses, call center expenses, travels expenses, recruiting expenses, non-capitalized research & development expenses, utility expenses, etc. Essentially, all expenses that are correlated to Mandala’s day to day operations.

Risk Involved

Prospective purchasers of MDX tokens should carefully consider and evaluate all risks and uncertainties associated with the Company and its business and operations, the MDX tokens, the MDX crowdsale and all information set out in this prior to any purchase of MDX tokens. Potential risks include, but are not limited to:

• Regulations and compliance risks
• Highly speculated trading price risks
• Tokens may be non-refundable
•  Blockchain network congestion
• Failure to receive or maintain permits or licenses
• New technology development risks
• Attempted attacks on token smart contracts
• Lack of interest in the platform
• Cryptocurrency market price volatility

Portfolio View

Mandala’s Portfolio View functionality provides a customizable and easy to read a snapshot of a user’s trade history. Individuals can view the profit and loss of a single asset over a specified period of time or across an entire account in just the push of a button. Specifying a currencies profit and loss as either fiat or another cryptocurrency makes compiling information to report for capital gains tax as simple as a few mouse clicks. Ensuring that users have all the tools they need from start to finish is core to Mandala’s mission.

Utility & Fees

MDX tokens are vital to utilizing the full capabilities of the Mandala platform. Users will be able to unlock exclusive premium features on the platform and receive up to 75% discounts on trading fees by utilizing the MDX Token. In addition to trading fees, MDX tokens can be used to pay for withdrawal fees, access advanced analytics, signals, trading bots, strategies, community platform, tax reports, P2P marketplace services and much more. See below for more details on some of the premium features that will be offered to MDX token holders.

Marketplace

Users will have the ability to sell their services P2P on the Mandala platform utilizing MDX tokens. This includes but will not be limited to, trading advice, technical analysis classes, one on one training, custom bot strategies, portfolio advice, and much more. The marketplace will have a full rating system where users can rate their experience for each purchase made in the MDX Marketplace as well as an escrow system to facilitate payments.

Team

Advisors

Web: https://mandalaex.com
Twitter: http://twitter.com/mandalaex
Facebook: https://www.facebook.com/mandalaexchange/
Linkedin: https://www.linkedin.com/company/mandala-exchange/
Telegram: https://t.me/mandalaex

Whitepaper: https://mandalaex.com/wp-content/uploads/mandala-whitepaper.pdf

Group Airdrop & ICO: https://www.facebook.com/groups/174689159952121/

Author: Vincent
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1190609

Myetherwallet: 0x5A68BedC4609AB68a2f14CD610B06786983Fe804