Carboneum

karik578 (27)in #carboneum • 6 years ago

The Carboneum team is creating an open protocol and a platform for The democratized social trading on the basis of the ICON blockchain. The project aims to develop a network in which amateur traders with limited knowledge of the pre-coding market can reduce the risk of capital losses by tracking and copying trader transactions into public.
The Carboneum protocol will be used to build the CoinRadars DApp for social transactions. CoinRadars will connect followers with the leaders they want to track based on their expected returns and the level of risk they place. After tracking, the protocol ensures that all transactions made by the leader are copied and executed automatically for followers, as well as allowing people to start trading for the first time and learn. Ask from the experts. In addition, to protect the interests of traders, the Safety Belt feature allows followers to place orders automatically.

When the price reaches a certain level, the transaction will be automatically stopped. One of the differences of Carboneum with other projects is that Carboneum has its own token called C8. In case the follower trader gets a profit, they will have to pay a fee. A portion of the fee is paid to the Carboneum system and the rest is transferred to the leader. If your follower pays a fee of C8, they will get a 50% discount. This encourages followers to buy and use the C8 token naturally. In addition, the C8 token can be added to other existing products for the company's existing Carboneum products, namely the StockRadars (Fundamental Analysis and Traded Platform) and Fundradars ( investment platform).
Transparency: All transactions and levels of success of the transaction will be recorded on the ICON blockchain. These types of information will be accessible by both the followers and the leader.

Simplicity: Beginners entering the pre-coding market can copy the behavior of professional traders instead of spending too much time learning about blockchains or market forces. right from the start. First they can follow up and then learn from the experts.

Engaging business model: Carboneum creates a situation that benefits both the followers and the leader. The leader's transactions are more successful, the higher their rankings are. As a result, they will have more followers and earn more. In return, followers will successfully complete the transaction process without spending much time and effort tracking the market.

Knowledge sharing: By looking at how leaders make trading orders, followers can learn trading strategies and update their knowledge. As a result, the community will be better equipped with knowledge.

There are a number of projects that simplify the transaction process. For example, Kryll has developed an intuitive platform that allows traders to create and share their trading strategies with each other but it will be difficult for traders to judge which strategy is good and Verify that traders are actually sharing the strategy effectively. Another example of a trading platform is eToro, eToro also allows people to follow successful traders. However, eToro is a centralized platform. Therefore, on this basis information of the trader can be abused and manipulated by the company. Meanwhile, Carboneum is decentralized and encourages both novices and professionals to participate in their own for-profit network. Leaders are selected based on evidence of their transactions, which can be easily verified. The system works simply and effectively by using transaction records and connecting traders together.

More importantly, one of the most impressive points of Carboneum is that they have ICON technical partners. Blockchain ICON has achieved great success and Carboneum can build their foundation on ICON blockchain to save their own blockchain development time.

Team

Max Kortrakul (Founder & CEO): Kortrakul has nearly 6 years working in product marketing, general manager and regional marketing manager at ContentKeeper Technology, a solution provider. web security. He is also a part-time lecturer at King Mongkut's Institute of Technology Ladkrabang, a Bangkok-based research and education organization for four years. From 2013 until now, he is the CEO of Stock Radars.

Stock Radars is a Thai mobile application that provides people with analysis and detailed information about the stock market. This app has over 680,000 downloads. StockRadars has a partnership with LINE Finance, an app with over 4.8 million users. Information on the Carboneum website shows that some prestigious organizations such as Maybank Kim Eng, Line Finance or Krungsri Financial Group are clients or partners of StockRadars. StockRadars has received several awards, such as the Finalist Tech Startup of the Year, the Bronze Award for the Private Sector in the framework of the ASEAN ICT Awards, or the Honorable Award of IT Princess.