The LUCRE project develops an automated algo-trading system which uses historical statistical data for the past 5 years (for e.g. BTC vs USD). It allows for bot trading for executing crypro trades using user programmed scripts and can be automatically executed through computer.
The primary motive of the LUCRE project is to build Algo-Trading (bot) which uses cryptos for trading (both, 'LONG' and 'SHORT') and generate returns which are better than just 'HOLDing' cryptos.
The LUCRE project is conceptualized by LUCRE Continuum Limited, registered in St. Kitts and Nevis as an International Business Corporation with registration # C50100.
Participants applying for LCR tokens needs to get whitelisted (KYC / AML). Once confirmation is received for the participant being whitelisted, the participant is requested to deposit the funds (i.e. ETH) to the public address of LUCRE's token sale event. Once the funds are received, LUCRE smart contract will automatically transfer LCR tokens to the participant's wallet.
For every trade executed by the LUCRE Algo system, a trading signal will be sent out to every participant who has contributed more than 1 ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD (Derivatives - 'Contract For Difference') crypto brokers. In future these signals will also be available for crypto exchanges as well.
ICO REVIEWS
The LUCRE project has received good ratings from reputed ICO tracking websites.
https://icobench.com/ico/lucre [Rating 4.6/5]
https://www.trackico.io/ico/lucre-global/ [Rating 4.3/5] [ICO Verified]
https://foundico.com/ico/lucre.html [Rating 8.4/10] [ICO Verified]
https://icomarks.com/ico/lucre/ [Rating 7.5/10]
ICO DETAILS
The LCR Tokens will be the utility token used on the LUCRE ecosystem. The LUCRE platform will be hosted on the Ethereum Blockchain Network and the LCR tokens will be ERC-20 compliant tokens.
- Symbol - LCR
- Soft cap - $ 2.0 million
- Hard cap - $ 7.0 million or 10 million LCR (whichever happens earlier)
- Maximum Token Supply - 12.5 million LCR (The total token supply is fixed)
- No. of Tokens Available for Sale - 10 million LCR (i.e. 80% of token supply)
- Payment Method - ETH
- Token Standard - ERC-20
Minimum Token Sale Contribution - 0.1 ETH
A. Pre-Sale Phase - Start Date - 15th Oct '18 ||| End Date - 13th Nov '18
B1. Main Sale Phase 1 - Start Date - 14th Nov '18 ||| End Date - 20th Nov '18 ||| Pricing Discount @ 20%
B2. Main Sale Phase 2 - Start Date - 21st Nov '18 ||| End Date - 27th Nov '18 ||| Pricing Discount @ 15%
B3. Main Sale Phase 3 - Start Date - 28th Nov '18 ||| End Date - 04th Dec '18 ||| Pricing Discount @ 10%
B4. Main Sale Phase 4 - Start Date - 05th Dec '18 ||| Pricing Discount @ 0%
PROJECT' ROADMAP
LUCRE TEAM
The LUCRE trading system is developed by a team with 8 years of algorithmic trading experience. The trading strategy involves complex quantitative (trading) models and algorithms.
The LUCRE project is led by Ganesh Puri (CEO), who possess more than 8 years of professional experience in the field of Fx and Derivatives trading.
For more information on the LUCRE team, please refer the following link: -
https://www.lucretoken.com/#team
CONCLUSION
Thus, the LUCRE projects is one of the most conceptualized projects which is building "Algo-Trading (bot)" that uses cryptos for trading (both, 'LONG' and 'SHORT') and generate better returns than just 'HOLDing' cryptos.
For more information on the LUCRE project, please refer the following links: -
*Website: https://www.lucretoken.com/
*Whitepaper: https://www.lucretoken.com/docs/Lucre-WhitePaper_EN.pdf
*Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4959492
*Telegram: https://t.me/LucreToken
*Twitter: http://www.twitter.com/LucreToken
*Facebook: http://www.facebook.com/lucretoken
*Subscribe on YouTube: https://www.youtube.com/channel/UCtVIzNXdfTGYHUPV4eh8TEw
Published by 'Sameer S'
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
BTalk Username: - 'samdude'
Telegram ID: - @Sameer_R
Disclaimer: - Kindly conduct your due diligence before making your decision on this project from the investment and legal perspective.