LUCRE - the perfect trading system and signaling service for Cryptocurrencies
Hello Blogger community ... Today I will introduce you to a great project on the blockchain technology market, called LUCRE. Here's the review:
INTRODUCTION TO LUCRETOKEN
LUCRE is the exclusive automatic trading system for Cryptocurrencies, created to surpass the strategy of using Cryptocurrencies. It was developed by a team with 8-year experience of algorithmic trading. Holding a crypto currency was not the best way to increase your wealth recently. The LUCRE algorithm was based on a non-HODL philosophy; Deal! allowing you to trade in both directions long and short. The great attractiveness of this project is the ability to generate revenues in all market conditions, buy and sell with every perceived opportunity. Even when the market goes to the south, the algorithm tries to make a profit by short-circuiting it.Lucre Trading Algo will work on the trading platform Metatrader. Participants in the sale of tokens will receive a LCR token that will monitor Algo's performance. The price will be updated regularly to accurately reflect the value of Crypto's major assets traded by Algo. A participant can trade on exchanges that will list the LCR token.
The means of selling the token will be used for two main purposes:
Complete the development of LUCRE Trading Algo (full testing, adding various cryptograms, optimizing performance, and implementing automatic trading with various Crypto broker APIs when they are available and stable).
Use 40% of Token's sales funds to trade Cryptocurrencies with brokers and share profits with participants in the sale of Token. A small shoulder will be used a maximum of 3 times. Trade will be carried out in both directions for a long time and in a short time, depending on the direction of the market, discovered by LUCRE Algo. Each order has a predefined soft and hard stop loss and profit from the profit.
Currently LUCRE Trading Algo only trades BTCUSD (Bitcoin) derivative (CFD). Other Cryptocurrencies will be added in due course. Performance of just HODLing was great only in good times when market kept going up but it turned sour after peaking on Dec 18th 2017. However the Algo trading performance was unmatched.
The chart below gives a comparison of hypothetical trading performance of $10,000 contributed on April 1st 2017 in both systems. One being an account holding BTC (in red) for the whole duration and the other contributed in LUCRE Algo trading (in blue). The Algo trading performance was trailing up until Jan 4th 2018 and then it overtook BTC HODL performance.
There is a distinction between ’high risk’ and ’unacceptable risk’ in the minds of many participants – cryptocurrencies have traditionally been seen as the latter. LUCRE aims to bring the risk to an acceptable level for allocation to retail participants. The maximum drawdown of LUCRE Algo trading was 30% in the 1 year of trading test results. In comparison BTCUSD has been down 70% from the peak in December.
TOXENE PROFITABILITY
Based on the 8-year experience in Algorithmic Forex trading, we saw that interest can increase if the algorithm works well and more participants are involved in the project.
LUCRE is an exclusive platform, because participants with access to algorithmic signals and autorouting are limited, and this exclusivity is controlled by the number of tokens. If you want to receive signals or use Autotrading, and you did not participate in the Token sale event, you will need to buy tokens from the original participants.
The trading algorithm will take long and short positions and bet on both bearish and bear markets, thus diversifying and optimizing the performance of the portfolio. As a participant in the sale of tokens, you can decide to earn money by selling tokens, since the advantage of exclusive service and the results of the algorithm trading should see the price increase or hold it and get a constant profit tracking the effectiveness of the trading word.
SAFETY AND AUTOMATION
The deposit will be immediately converted into the US dollar after the completion of the sale of Token and transferred to the trading account Derivatives, where the bids will be executed. Holding derivatives are not secure. LUCRE Trading is 100% automated. A full list of used brokers will be available on our website when trading begins. During the check, additional exchanges will be added.
MARKETING AND PARTICIPANTS 'ATTITUDES
The LUCRE team will invest significant time and effort in Tok Token marketing marketing, focused on participants in the traditional financial sector, by producing information sheets, explanatory videos and planning documents that are easy to understand. LUCRE will concentrate its efforts on marketing exclusively in unregulated markets. No encouragement or invitation will be held where participation is prohibited or is likely to be banned in the near future in order to remain in compliance with local legislation.
Release and structure the token
General source code: 12 500 000 LCR
Available for purchase: 10 000 000 LCR
Tote type: ERC20, Ethereum Blockchain
Minimum increase: $ 2,000,000
Maximum increase: $ 7,000,000
80% of the medals were issued to participants (10,000,000 LCR)
14% for the developers and reserves of the company (1 750 000 LCR)
3% for useful consultants (375,000 LCR)
3% is used for Bounty and Marketing (375 000 LCR)
Premarket preparation period: October 15, 2018 (30 days)
Key token Sales Period: November 14, 2018 (4 weeks)
A significant part of the fund, 40%, will be devoted to servicing the development team and creating a fund
40% will be provided by the Commercial Pool to provide profit to the participants in the sale of the Code
15% for capital investments
3% will be spent on marketing to attract new users to the platform, creating a community of tokens and services.
2% is left for legal costs and compliance
Distribute the token
The LUCRE Group
Advisor to LUCRE
MANU KHULLAR: Director, Innovation and Acceleration Solutions
BOGDAN FIRUR: ICO consultant, ICObench expert
SIDNEY IFERGAN: Community Specialist Crypto & ICO
PSHENIN PSITER: founder of ICOboard, advisor to ICObench
GABRIELLE BERNASCUNI: Co-founder of the Genuino Blockchain laboratory
MIKE SNYDER: co-founder of BitcoinATM360
Project road map
Road map:
December 31, 2017
Own trading company FX Trading was established
The first trading transaction Algo was established for the major currency pairs
FX-trading open to customers
Initial research and development for cryptothermics
June 30, 2018
Develop Smart Contract
Enter Smart Contract and develop dashboard
September 30, 2018
Participants in the "white lists"; Run the Bounty program;
December 31, 2018
Token Presale
LCR Token Sale Event Launch
June 30, 2019
Public launch on stock exchanges
Final improvement of Algo trade
December 31, 2019
Starting the autorouting service (beta version)
March 31, 2020.
The final release of the version
For more detailed informations, visit:
Website: https://www.lucretoken.com
Facebook: https://www.facebook.com/lucreToken
Twitter: https: // twitter.com/LucreToken
Telegram: https://t.me/LucreToken
Author : hantu coin
Telegram : @hantu coin
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2010241
ETH address : 0x12989201B775034D2b4956D57C76C0009B76350E
Thank's
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