In the post ICO stage the exchange will become hybrid. It will facilitate a decentralized exchange with a centralized one. The Ternion Payment Processor is a payment gateway that can be implemented at the discretion of a vendor and it issues cards to its users. The users can also use the debit card to pay the vendors. Vendors can choose to receive fiat or cryptocurrency for the goods and services by implementing the Ternion API into their payment method. This is made possible due to the integration of the Exchange into the system. The Ternion Liquidity Fund supports two business models and is the back bone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. The Fund also stores another quarter of accumulated funds to have available liquidity for the future expansion of Ternion globally.
Founder & CEO
Marketing & PR Lead
Digital Marketing specialist
Creative Content Writer
Lead Web Designer
Senior Investor Relations CIS & Europe
Investor Relations Western Europe
Blockchain Development Lead
Rated on 2018-07-20
1) Whitepaper looks unfinished - misses half of information necessary, including but not limited to complex marketing strategy and competitive analysis. 2) Fail to see MVP, not even talking about Alpha. 3) Team raises lots of questions regarding their expertise and potential to execute this idea. Had a brief conversation with their Marketing and PR Lead only to find out a lack of respect for crypto community.
Rated on 2018-07-22
Some team members look like they are not 100% involved in this project Website isnt 100% clear but I contacted with CEO to clarify some issues and now it's all good so they will change a lot in a couple of weeks. Metatrade doesnt seems to me a good way but still there are some explanations of it
Rated on 2018-07-18
Founder and CEO (according to his linkedin profile) works as account manager in Exante Limited. ??? Before he was an analyst and graduated from the university 3 years ago. Is this a new Vitalik Buterin to create "the digital reserve currency"? The WP also does not look impressive - no competitive analysis, financials and business planning
Rated on 2018-07-25
Team - a little inexperienced for C-suite in core team, some good experience for coverage in the advisors. Needs more focus towards the payments solution they are looking to implement. Vision - there needs to be a greater focus on who they are targeting in their strategy. 'Institutional investors' is a very broad term - where are they targeting, can the exchange handle the amount of TPS that institutions may invoke? More clarity around this point is needed for full marks. The idea is simple but could be very effective if executed properly. Again, more focus on the payment system implementation is needed also. Product - Link for app led me to MetaTrader 5 app. Using the address the team had previously replied with to other reviewers didn't work either. Frustrating. But the exchange implementation should be relatively easy, it's been done many times before, as with the payment solution. No MVP, so 2 at the moment. I would have liked to have seen an MVP and also a solution to easily convert crypto-to-fiat-to-bank account quickly - whoever sorts this will be the biggest retail user exchange in the world within weeks. Good luck to the team with the implementation of the project.
Rated on 2018-07-31
"The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading." Which country are you regulated under? Which license did you obtain?
Rated on 2018-08-03
I'm typically supportive of exchange projects which introduces fiat on/off ramp. Fitting in audits and transparency matrics from day 1 is a healthy sign (albeit they do have to execute of course).
Rated on 2018-08-05
Yet another exchange. I think their target market is too broad and they need to niche down. The idea is not too novel but if executed well, can be successful. Team could have been better though. Would love to see their MVP.
Rated on 2018-08-11
The team is so-so and MVP is beautiful. But the market is saturated. In fact, this project is very similar to BNB. I would like to support this project, but the project has to challenge the problem of this industry. In other words, how do you do new exploitation rather than keeping the same pie? It is not clear enough in the white paper marketing item. *I discussed with the team and I improved my evaluation as I noticed that I missed an important differentiation point called Margin.
Rated on 2018-08-16
Ternion is another exchange that is entered the already saturated market. The whitepaper needs to have a solid business model in place. The team can achieve significantly more by broadening the horizon of their knowledge. I would like to see this project become successful, though a lot of work is needed.
Rated on 2018-08-23
Main question I would ask is, why would people pick Ternion over Binance or Huobi. If I can get a clear answer on it, I will revise my rating. This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
Rated on 2018-09-06
Ternion is an interesting project as it adds "fiat gateway" to its hybrid crypto exchange, however it is entering a very competitive and already oversaturated market that includes giants such as Huobi, Binance, Bitmex, Coinbase, OKEX, etc. That Ternion is already authorized and regulated by the Estonian government (Ministry of Economic affairs) is big plus-point as well as that they are targeting institutional investors adds to their competitive advantage. What is even more valuable, is that the Ternion team focusses on the UX of the platform, which is a great differentiator in crypto exchange space. Therefore, 5 stars for vision The product is still early stage and rather underdeveloped, it will need some time to get up to standard and achieve the UX - as well as user-friendly UI - as envisaged by the Ternion team with great UX on the front-end and the technology running in the back-end of the platform. When clicking on the MVP, you are redirected to the Apple app store and you see MetaTrader 5 instead of a functional Ternion app (not that MetaTrader app is not good but it's not proprietary to or a native Ternion app) Achieving critical mass, trading volume, liquidity and institutional adoption will be key to Ternion success and therefore challenging, hence a 3 star rating for product. The Ternion team is rather thin at the C-level and the PR/marketing/communications dept is sufficiently staffed with experienced talent. PR/marketing lead Ms Valeria Cealic does a great effort to check ICObench ratings & reviews and clarify any comments or remarks which is very positive for potential investors and future customers. Having 2 CEOs - the lead CEO and his deputy CEO for the Bay Area - is unusual and strange to say the least but perhaps there's a good reason to get Silicon Valley VCs interested in the Ternion project or further development and deployment in the US market (there's no mention or clarification for this assumption anywhere in WP). I would have preferred to see a stronger C-level that includes an experienced COO as well as finance-seasoned CIO/CCO/CFO/CMO. The team receives a 4 star rating in view of the above. Good luck to the Ternion team and its top advisors !
Rated on 2018-09-12
This project has a wonderful MVP. The plan seems to be similar to Binance, but I like the fact that I can trade Fiat and Margin as USP, and I like it very much. The team is well built and basically follows the success model. I think that this project is excellent.
Rated on 2018-09-13
This project is strongly aware of the flow of money and the flow of tokens and is building a business model. There will be some hurdles, but it will succeed if you proceed as planned. ───────────────── このプロジェクトはお金の流れとトークンの流れを強く意識し、ビジネスモデルを構築しています。 いくつかのハードルは存在するでしょうが、計画通りに進んだ場合に成功するでしょう。
Rated on 2018-09-21
The project is ambitious and solves a problem in the industry. Also a plus in having a regulated licence in place. The negatives unfortunately outweigh the positives. The team across the board is weak and there isn’t a key point of difference that will make me believe market domination is possible. The biggest hurdle for Tertian is to deliver on its financial projections, which Im not convinced they can deliver, especially the marketing side (which is mediocre). Its great to have a marketing strategy but you need the best people to execute it, especially when your chasing the top runners. I tried to test the MVP but couldn’t access and I don’t get the connection with meta trader. It is not clearly explained on their website.
Rated on 2018-09-23
I respect your courage as entrepreneur looking to launch another platform in such market! Going after the institutional market is very challenging as first you will have to convince them to trade BTC / ETH vs Fiat in a bear market! As well you need a more experienced team at C-level and with financial background. Finally, you have to consider that you will compete against giants which can cut transaction cost brutally if they lose market share. A serious challenge but anyhow good luck with your project.
Rated on 2018-09-24
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Exchange Development Begins.
Public Pre-Sale. Exchange Launch.
Decentralised Exchange Closed Beta. Exchange Introduces Margin Trading. Decentralised Exchange Development Begins. Exchange Liquidity Pool Expansion.
Ternion Payments Development Begins. Decentralized Exchange Launch. Payments Closed Beta. Exchange Prime Launch.