LUCRE PLATFORM: automated algorithmic trading system.

in ico •  6 years ago 

LUCRE is an automated algorithmic trading system based on statistical analysis of data from last 5 years (for BTCUSD) and powered by blockchain innovation. Automated trading, allow to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader. The platform provides a system that monitor the markets for trading opportunities and execute the trades.

The platform has introduced a utility token called LUCRE Token that help traders earn from initial participation with the advantages of the algorithm. At the same time, participants can use their funds to conduct additional trades on trading signals LUCRE. Therefore results to increased profitability and optimized income.


BENEFITS

Minimize Emotions - Automated trading systems minimize emotions throughout the trading process. Since trade orders are executed automatically once the trade rules have been met, traders will not be able to hesitate or question the trade. In addition to helping traders who are afraid to "pull the trigger", automated trading can curb those who are apt to overtrade – buying and selling at every perceived opportunity.

Ability to Backtest - Backtesting applies trading rules to historical market data to determine the viability of the idea. Careful backtesting allows to evaluate and fine-tune a trading idea, and to determine the system's expectancy – the average amount that a trader can expect to win (or lose) per unit of risk.

Preserve Discipline - Because the trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets.

Achieve Consistency - One of the biggest challenges in trading is to plan the trade and trade the plan. Even if a trading plan has the potential to be profitable, traders who ignore the rules are altering any expectancy the system would have had.

Improved Order Entry Speed - Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the trade's outcome. As soon as a position is entered, all other orders are automatically generated, including protective stop losses and profit targets.

24X7 Market - as Crypto market is open 24X7 it is almost humanly impossible to trade every entry signal round the clock manuall

TOKEN DETAILS

LUCRE’s utility token is called LCR. LCR tokens provide premium membership and limited access passes. Once you have these tokens, you are able to earn money combining several options. LCR is an ERC20 token based upon the Ethereum blockchain. Operating on the blockchain allows for global accessibility, 24/7 trading, transparency, public verification of LUCRE’s trading performance. The tokens value is linked directly to the underlying cryptocurrency trading performance. It can be traded at any time, holdings are fully transparent.

LUCRE trading system is developed by a team with 8 years of algorithmic trading experience. The trading strategy utilizes complex quantitative models and algorithms. LCR is a utility token which initially can only be acquired during the Token sale event which is a one off, closed cap offering. A 40% of the total crowdsale is allocated to the trading pool, and then awarded proportionally to the Token sale participants. 75% of profit generated by the algorithm will be distributed to the Token sale participants. During the time the Trading Pool has losses, participants simply receive no compensation. Profits will be paid as a quarterly fee in ETH to the participant’s assigned wallet. The other 25% will be reinvested in the Trading Pool to increase the fund capital, and consequently increase the next benefits that are generated. LUCRE Token’s net value and product benefits is based on the performance of an algorithmic Cryptocurrency trading with real funds.

PreICO price: 1 LCR = 0.77 USD

Price in ICO: 1 LCR = 1 USD

BONUS

Pre-sale (30 days): $0.77 (30% Bonus)

Week 1 of Main Token Sale: $0.83 (20% Bonus)

Week 2 of Main Token Sale: $0.87 (15% Bonus)

Week 3 of Main Token Sale: $0.91 (10% Bonus)

Week 4 of Main Token Sale: $1.00 (No Bonus)

Tokens for sale: 10,000,000


Investment info

Min. investment: 0.1 ETH

Accepting: ETH

Distributed in ICO: 80%

Soft cap: 2,000,000 USD

Hard cap: 7,000,000 USD

FUNDS DISTRIBUTION AND TOKEN ALLOCATION


ROADMAP TO SUCCESS

December 31, 2017

Own trading company FX Trading was created

The first Algo deal was created for the major currency pairs

FX-trading open to customers

Initial research and development for cryptothermines

June 30, 2018

Develop Smart Contract

Conclude Smart Contract and develop a 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

The final improvement in the trade of Algo

December 31, 2019

Starting the autorouting service (beta)

March 31, 2020

The final release of the version.

MEET THE BRILLIANT TEAM

SMART ADVISORY

Kind Regards, ensure to join this incredible project.

FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:

Website: https://www.lucretoken.com

Technical paper: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf

Facebook: https://www.facebook.com/lucreToken

Twitter: https: // twitter.com/LucreToken

Telegram: https://t.me/LucreToken

ANN: https://bitcointalk.org/index.php?topic=4959492.0

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Author: Martilda

Profile link: https://bitcointalk.org/index.php?action=profile;u=1887582

Eth address: 0xd0D5d98857192B3931c831b7B809D47CD830da32

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