What Is Arbitao?
Arbitao is another lending platform which generates profits with their automated arbitrage system working on several large exchanges. Arbitrage seems to be the hottest thing at the moment, which actually makes perfect sense. Arbitrage trading is one of the most reliable trading systems, which has the benefit of working in a bear market. The entire cryptocurrency market has been in a bear market since early 2018, so I expect to see more of these platforms pop up in the near future.
The Arbitao blockchain technology is based on a forked code of NavCoin and the coin symbol is ATAO. The blockchain is PoS, which means it´s not possible to mine the coins. The main goal of Arbitao is to use the ATAO Blockchain to execute trades in a decentralized way. This will be integrated in the ATAO wallet, where every node can set up their API connection to predefined accounts. In the future the goal is to grant Arbitao community members the possibility to execute their own trades. It will also offer the feature to program own algorithms and use the Arbitao infrastructure.
ARBITAO KEY FEATURES
The Arbitao platform provides unique features for arbitrage trading of cryptocurrencies in a decentralized way:
- Automated 'Arbitrage Trading'
- ATAO wallet with integrated cloud computing feature
- Infrastructure capable to reduce latency by x100
- Instrument for lowering volatility and increasing liquidity
- TAOx exchange ensuring seamless transfer between ATAO and BTC
Arbitao Ecosystem
The Arbitao ecosystem consists of three primary elements: -
TAOx - The internal exchange in the Arbitao ecosystem where ATAOs can be traded with BTC. It will be the 1st exchange where ATAOs can be traded. Funds can be transferred to wallets or invested back in the Arbitao arbitrage trading platform.
Arbitao - It is the arbitrage trading platform on the Arbitao ecosystem. Profits can be moved to TAOx for exchanging ATAOs or to move them (ATAOs) to ATAO Wallet.
ATAO Wallet - It is the wallet hosted on the Arbitao ecosystem which allows to earn further ATAOs by staking one's coins
How it works
Building a unique infrastructure that is reducing latencies to execute arbitration operations as quickly as possible, the Arbitration Team has developed specialized algorithms that monitor the market to find the most profitable operations. The basic mechanism that Arbitao follows is to use the ATAO Block Chain to execute operations in a decentralized manner. This will be integrated into ATAOwallet where each node can configure its API connection to predefined accounts. In addition, the development of a feature that will be integrated into the portfolio, ATAO-Coin holders will be able to provide computing power, which will help find even more profitable operations. In the image below you can see a perfect schema about how Arbitao works.
Benefits Arbitao
- Low market volatility
- Risk-free market
- Detected inequalities are smoothed out
- Increased liquidity
- And the most important benefit is the user's own benefit (explained below)
How can the user benefit?
- Earn money by inviting your friends to join Arbitao
- Benefit daily from the arbitration negotiation in numerous kryptonite exchanges
- Gain from staking
- Benefit from the increase in the value of ATAO coins
Arbitao (ATAO) Tokens
The ATAO Tokens will be the utility token used on the Arbitao platform. The Arbitao ecosystem will be hosted on the Ethereum Blockchain Network and the ATAO tokens will be ERC-20 compatible tokens.
Arbitao ICO Details
Initial Coin Supply - 800 million ATAO Tokens
Token Price - 1 ATAO = $ 0.10
Minimum Purchase - $ 100
Pre-ICO Phase
Start Date - 1st Jul '18 ||| End Date - 17th Jun '18
Tokens for Sale - 200 million ATAOs plus Bonus
Soft Cap - $ 20 million
ICO Phase
Start Date - 22nd Jul '18 ||| End Date - 19th Aug '18
Tokens for Sale - 280 million ATAOs plus Bonus
Soft Cap - $ 28 million
Coin Sale
Tokens for Sale - 480 million ATAOs plus Bonus
Hard Cap - $ 48 million
Token Distribution
Arbitao Project' Sale Proceeds
Roadmap
For More Information :
Website: https://www.arbitao.com/
Whitepaper : https://static.arbitao.com/wp/Arbitao_Whitepaper_EN.pdf
Twitter: https://twitter.com/arbitao
Facebook: https://www.facebook.com/atao.arbitao/
Telegram Channel: https://t.me/arbitao
Telegram Group: https://t.me/arbitaochat
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4455437.0
Reddit: https://www.reddit.com/r/Arbitao/
YouTube: https://www.youtube.com/channel/UCIZ_XhPZhLUR9Z-MphDb0_A
Author (Laylava.sted) : https://bitcointalk.org/index.php?action=profile;u=1284503
My ETH Address : 0x60D1AD3dA0bfd9360c077ac0aCeA7A492F93eCCc