Triple Confirmation is a start-up founded by Will Baker, Jonas Schramm, and Adam Hesketh to provide decentralised automated trading solutions for the cryptocurrency market on the Avalanche blockchain.
Triple Confirmation is a start-up founded by Will Baker, Jonas Schramm, and Adam Hesketh to provide decentralised automated trading solutions for the cryptocurrency market on the Avalanche blockchain.
Our team consists of experienced blockchain developers and financial analysts who will provide personalised support and guidance to our users. We’re planning to be headquartered in London, a global financial hub and innovation centre for the FinTech industry. Triple Confirmation plans to be a limited liability partnership and generate revenue through fees and profit sharing of our services.
Our algorithms and proven strategies analyse market trends and execute trades on behalf of users using smart contracts. Users always remain in control of their funds and can cancel or modify trades anytime. Unlike centralised exchanges, we do not have custody of user funds. To provide liquidity and open Short positions on-chain, we use two other blockchain-based projects: 0x and AAVE. Both protocols keep all tokens on-chain, allowing users to move their funds instantly at any time. Opening Short positions directly on the blockchain allows anyone to easily trade in a fully decentralised manner, something no other cryptocurrency project has achieved!
Our target market is cryptocurrency-interested people prioritising decentralisation and maintaining control over their funds while trading. The recent meltdowns of FTX, Terra LUNA, Celsius, and others are a reminder as to why decentralisation is a crucial first principle of crypto’s ethos. Unlike centralised exchanges and other services which take custody of user funds, we’re looking to push forward the crypto industry’s decentralisation by executing directional trades directly on the blockchain. The Avalanche blockchain is an EVM-compatible environment offering fast transaction times and low fees on an emission-less Proof-of-Stake blockchain, making it an ideal platform for our project.
With our innovative decentralised integration of 0x’s pooled liquidity, employment of AAVE to open Short positions, and experienced team, we’re confident that we can provide a flexible, profitable, and secure trading experience for our users.
TRIPLE CONFIRMATION IS:
NEW: Triple Confirmation is a revolutionary non-custodial trading bot that allows users to execute short positions directly on the blockchain. This provides a novel way for users to trade in a fully decentralised manner, unlike other projects that can either only execute Long positions or demand custody of user funds. Our system allows for the execution of sophisticated automated trading strategies, whilst maintaining full control of funds at all times.
INNOVATIVE/UNIQUE: Triple Confirmation is truly innovative and unique in its integration of 0x's pooled liquidity and the utilisation of AAVE to open Short positions. This allows for a more efficient and effective trading experience on the Avalanche blockchain. Furthermore, our infrastructure has been designed with global growth in mind. We are the only project that has been able to create a fully decentralised automated trading bot in the cryptoasset market with this level of innovation and potential scalability
SCALABLE/VIABLE: Our decentralised smart contract system is highly scalable and viable for future growth. Users have complete control over their funds, and transparency in their trading exposure, eliminating third-party risk. Additionally, our team's expertise in blockchain development and financial analysis ensure that the system is secure, understandable, and profitable. Our business model is based on user growth and we have various strategies in place to grow our user base, including partnerships with existing platforms and communities, incentivising users to invite their friends to join the platform, producing engaging content, and participating in relevant events and conferences. With the trend of ever-increasing cryptocurrency adoption, our business is uniquely positioned to take advantage of the rapidly growing global market.
NON-CUSTODIAL: It is important to note that Triple Confirmation is a non-custodial service and all transactions occur on the Avalanche blockchain, making all bot operations transparent and auditable by anyone. We are not a liquidity provider, custodian, or cryptoasset broker and Triple Confirmation is not a centralised exchange. We do not offer any exchange between national currencies such as the Pound Sterling and cryptoassets. As we never take custody of user funds, we are unable to move them or offer any services that require custody. Triple Confirmation is strictly non-custodial.
