Arbitao ICO (ATAO Token) Aims To Decentralize Arbitrage Crypto Trading

in atao •  6 years ago 

The Arbitao platform is a fully automated solution for arbitrage trading in cryptocurrencies. The main intention is to overcome the problems associated with controversial arbitrage methods, including those that most people have and don’t allow them to profit from arbitrage.

Arbitao has created a unique technology that helps users find price differences in several cryptocurrency exchanges and execute a profitable arbitrage trades for community members.

As stated by Karel Mirrin, there are several Initial Coin Offering (ICOs) projects that do not have a working product and may never have. But Arbitao is different, because the intention was to deliver a working and tested product before the token offer.

Cryptocurrencies have been providing individuals important opportunities, but the lack of liquidity in certain pairs, and price manipulations have created inefficiencies in the market where prices are different depending on the exchange.

Arbitao has created its unique ATAO blockchain technology that uses data provided by multiple exchanges in order to make profitable trades for the members of the platform.

Community members on the ATAO blockchain will be receiving rewards in two different ways. The first one is by staking reward which can be obtained installing the ATAO wallet, staking some of the coins and validate transactions. In this way, the user can earn more coins.

Another way to earn rewards is by contributing computational power to the network. In this way, the Arbitao algorithms can run even faster. These two points create a secure and fast network.

The system has been available online since November 2017 and it has been successfully tried and tested by an important group of crypto enthusiasts and traders. The automated arbitrage trading system developed by Arbitao is able to identify viable arbitrage opportunities from 19 different exchanges.

Once it is fully implemented, Arbitao will be offering to its users a fully decentralized arbitrage trading platform where it will be possible to set up the ATAO wallet with API credentials and start to trade on exchanges. The intention is to implement a decentralized network of nodes that use the highly computational resources. In this way, ti will be possible to overcome the problem of identifying the most viable arbitrage opportunities between different exchanges.

Moreover, in the future, Arbitao wants to fully decentralize the arbitrage trading and empower small and big investors.

Key Features

Arbitao is an opportunity to earn profits with automated arbitrage strategies including arbitrage pairs and chains without risk, based on specialized algorithms, financial expertise, and unique technical solutions. Arbitao offers various investment pools for each type of individual in order to benefit from automated arbitrage trading together as a community. Arbitao is developing the ATAOwallet with integrated cloud computing features to solve the highly complex solution room of possible arbitrage chains. Any member of the community will be able to contribute computing power to the system and earn additional rewards in the process. Arbitao is working on building a unique network infrastructure in order to reduce latency by up to x100 and execute the trades in the shortest time possible. Arbitao is an aggregator of liquidity and an instrument for lowering volatility of the

whole cryptocurrency market, which will aid the mainstream adoption of cryptocurrencies and make the market more attractive to institutional investors due to improved maturity.

Market

The Origins

Although the development of the underlying technology dates back to the 1980s, cryptocurrencies, as a company knows them, are a quite new and rapidly evolving phenomenon. Bitcoin was the first digital currency to be developed in 2008 by the pseudonymous developer(s) Satoshi Nakamoto and was released in early 2009.

In its early days, only a few cryptography experts and privacy advocates knew as the Cypherpunks recognized the revolutionary potential but Bitcoin remained mainly undiscovered by the masses until mainstream media began to cover. In late 2011 Litecoin was one of the first alternative digital currencies to be developed based on

the Bitcoin protocol and gave birth to rise of the Altcoins. Although there are thousands of cryptocurrencies today Bitcoin always maintained its dominance over all the Altcoins.

Coin Usage

ATAO is an access tool to the Arbitao trading platform, where based on the invested amount of coins certain arbitrage services are guaranteed to the coin holder. Additionally, coin holders can stake them in their ATAOwallet and earn more coins. Furthermore, the coin holder is able to use the cloud computing capability feature of the ATAOwallet in order to find the most profitable arbitrage chain in the multidimensional cube solution room.

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