Tradershub ICO Review

in #crypto7 years ago

tradershub.jpg

The Tradershub ICO has just a week left to go. Check out the token sale's progress here:
https://tradershub.io

The crypto economy is certainly something that is starting to really take off. Yes, there have been some issues connected primarily to the security of things, but those are slowly being overcome leading to greater faith in what cryptocurrencies are able to offer. However, with that increase come problems as trying to deal with exchanges and the ability to trade has become more complex leading to a greater chance of missing out on those perfect trading moments. Considering the volatility of the market, this is something that has to be addressed, and that is where Tradershub hopes to make a difference.

What is Tradershub?

The company behind the new project describe themselves as offering individuals and investors the perfect trading platform for all of their cryptocurrency requirements. They see it as being a single point of entry to keep close tabs on the markets, and they hope to achieve this via clever and innovative engineering alongside information that is crowdsourced to ultimately provide people with what they see as being the best and most creative platform around.

Clearly, if they are able to simplify the entire process and make it easier to track investments and market movements, then this is a product that would prove to be of use to a number of people. However, it is also important to ascertain if they can follow through on their ideas and if they do indeed have the technology and equipement to do so.

The Technical Aspect of Tradershub.

First, the platform is based upon Ethereum as with many of the recent ICOs, so we can automatically include the benefits of using that platform and how they will then be applied to the new project. However, aside from that, it is still important to look at the technical side of things.

They state that you will have access to all of the different cryptocurrencies from the one hub, which does make life a lot easier. From the one screen, an investor will be able to check out the prices, market fluctuations, and discover potential investment opportunities. Furthermore, they are planning on using the same functions as social networking to allow for discussions on potential investments as well as discussions on the way in which the market is changing. There will also be additional opportunities to mirror the moves that are being made by the leading traders in cryptocurrencies which they believe will make it easier for other individuals to learn key tricks that can make a difference.

Furthermore, they are also incorporating a paper trading section where individuals can effectively hone their skills in a virtual world before they start investing their own money. This in itself is a good move and it is one that has been copied from online gambling platforms where people can ‘play’ with pretend money to allow them to then iron out their errors as early as possible, and without bankrupting themselves.

The token is primarily seen as being a way to invest in the company as well as being able to make use of the various services and apps that will appear on their platform.

The Advantages of Tradershub.

There are a number of clear advantages associated with the platform and they are all to do with the way in which they make investing in cryptocurrencies so much easier than it otherwise could be. Also, the way in which they have structured their platform will make it an attractive proposition to those just starting out especially with the demo section which will make life so much easier to understand compared to other platforms where there is a plethora of information that is extremely complex.

In addition, as the information is decentralized, then there are no hidden agendas pushing a particular line leading to people being able to trust the information that is being presented to them. This alone makes a significant difference when you are looking at investing although it has to be pointed out that this is a result of the blockchain technology and the benefits that come with it rather than something that is simply restricted to Tradershub.

The Financial Aspect and ICO.

If we look at the financial side of things, then the company has set out its stall quite clearly from the outset. They are willing to accept only ETH when it comes to the investment side of things, but that is not unusual. Also, they have set their soft and hard caps for the ICO aspect, and they are set at 3000 ETH and 12,000 ETH respectively.

In addition, they also state that there will be a total of 50,031,000 tokens made available during the ICO with this representing 60% of the total number of tokens that will be released. They have a range of bonuses in place as well for any investor starting at a height of 40% before dropping down to 5% by the time they get to the second stage of the crowd sale.

Overall Conclusion About Tradershub and ICO.

This is not the first platform that is looking at making the trading side of things a lot easier for individuals, but they do appear to have a number of rather interesting ideas that could very well make a difference. The social network and demo aspects are perhaps the best areas to talk about as they may very well help people to get started in what is often a rather complex market.

If the company is able to push those two areas, then it will certainly help to push the value of their token upwards, which is good news for any investor. If they can use that as their draw card, then it could be a platform that is able to gain a good enough section of the market. From that perspective, this is an ICO that is worth considering as it does appear as if there is little risk with this company. After all, as more cryptocurrencies come out onto the market there will be a rise in the need for platforms such as Tradershub that are designed to just make life so much easier.
Check out more details on their website and in their whitepaper.
Website: https://tradershub.io/
Whitepaper: https://tradershub.io/build/static/downloadables/Whitepaper.pdf

Sort:  

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvote this reply.

Hi, great post, worth a follow.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62837.64
ETH 2542.11
USDT 1.00
SBD 2.65