Carboneum - Democratized Social Trading Platform

nugezmils (2)in #blockchain • 6 years ago (edited)

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

ABOUT CARBONEUM

Carboneum is creating a decentralized social trading platform, named CoinRadars. Carboneum is an openly distributed protocol owned by every single user. Where traditional social trading platform helps solve complexity problem, it still lacks transparency and remains vulnerable to single point of failure risk. The platform will be completely immune to such problems. It is built to sustain and scale with a sound revenue model where perfect alignment of interests is structured.

COINRADARS AND BLOCKCHAIN TECHNOLOGY
On CoinRadars, Ethereum is implemented primarily on the fundamental point of relationship in social trading mechanism, helping the system to identify and obligate one user to another, or in specific, a follower to a leader, via smart contracts. It also gives permission for the platform to standardize rules, penalty and settlement practice through such on-chain technology.

We aim to create a trading and investment platform for digital assets and cryptocurrencies which authorizes the greatest degree of knowledge sharing, promotes the purest form of transparency whereby all trading activities and actions are recorded and become totally traceable, verifiable and auditable via utilization of blockchain technology. And most importantly, we are extremely determined to build a tool that helps simplify the trading decision for newcomers, who by and large are not as technologically and technically educated, compared to those industry veterans, by implementing the concepts of social trading/copy trading.

PROBLEMS

The problems associated with modern day trading platforms include;

Investment in Digital Assets and Cryptocurrencies is Complex.

Centralized Trading Platform Lacks Transparency.

Traditional Social Trading Platform is Seriously Exposed to Single Point of Failure Risk.

Existing Incentive/Revenue Structure of Traditional Social Trading Platform and Traditional Fund Managers Represents Imperfect Alignment of Interests.

To solve these problems, we are building decentralized social trading platform with an open protocol that communicates with all major digital asset and cryptocurrency exchanges directly. This concept imposes great significance in ideal transparency, and complete decentralization for trade order execution. The platform also comes with a truly democratized incentive structure whereby the interests of all parties are perfectly aligned. That protocol is named Carboneum and the platform is to be called CoinRadars. These two are main catalysts that would eventually help bring ideal ecosystem for investment to reality.

VALUES OF COINRADARS

The Key value propositions of CoinRadars are
Transparency, Simplicity, Knowledge Sharing, and Incentivized Business Model. These values makes CoinRadars unique among other synonymous platform.

ICO AND TOKEN DETAILS

C8 token is ERC20 smart contract which allows follower to pay their leader and be used in other activities on CoinRadars platform.

Token Name: C8
Token for Sale: 120,000,000
Tokens Hard Cap: USD 12,000,000
Tokens Soft Cap: USD 1,200,000
Token Exchange Rate: 1 ETH = 8,000 C8

Distribution of Tokens

60% Pre-Sale & ICO

20% Company

12% Team & Partner

5% Advisor

3% Rewarding Token (user acquisition)

Allocation of Funds

50% Platform and Protocol Development

25% Marketing and Business Development

10% Operating Expenses

10% Research & Consultancy Fee

5% Legal & Compliance Fee

Carboneum Token’ (C8), will be used primarily on, but not exclusively to, social trading features for digital assets. C8 certainly offers other utilities for premium services in the future, such as substantial discount on every type of fee.

For ICO, a fixed amount of 200 million C8 shall be issued and shall never be reproduced in any forms. Out of that amount, 120 million C8 tokens will be offered publicly at a fixed price of 0.1 USD per unit.

The pre-sale period starts on 8 March 2018, followed by the public sale on 11 June 2018.

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

StockRadars is the team ideally made to tackle this challenge as proven in commendable success and well-documented track record in building and developing Thailand’s number one online stock trading and analytical platform with 680,000 app downloads, double digits local and regional brokerage partners and 76 versions updated since launched.

StockRadars champions crowdsourcing and knowledge sharing to the greatest magnitude and firmly believe the uprising importance of blockchain technology would only further signify a change of investment landscape and provide limitless opportunities in borderless market of digital assets and cryptocurrencies.

StockRadars also managed to achieve 25 percent market penetration based on the number of monthly active internet traders; in every four people who trade stocks online, one of them actively uses StockRadars.

Above all, StockRadars is the only exclusive partnership of LINE Thailand, the provider of a market-leading chat application, in developing a service called LINE FINANCE and together they have accumulated a large and still-growing user base of 4.8 million people.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.