KRYLL - A Smart Crypto Trading Tool

in #exchange7 years ago

Until now, many crypto are emerging, one means to trade through platform exchange, usually the platform is less to provide information about the price movement we want crypto. Kryll under Luca Benevolo and his team offer new innovations in the world of trading, how to work and what benefits are offered let us refer to this discussion based on official information https://kryll.io/


Luca Benevolo and his team have observed and examined the facts that exist in the crypto trade and they conclude that the facts are like:
a. Crypto trade continues to grow

  • Over 50 million active trading accounts in the top 10 exchange platform
  • Market and user base enjoy annual double-digit growth
  • A great hobby community that trades Crypto currency
  • The coverage of mainstream media is getting stronger

b. Pro trading is limited to experts

  • Crypto Canggih's sophisticated trading tools are complicated and still limited to experts
  • The automated Crypto trading system is expensive and reserved for the elite

c. The need for efficient trading

  • Knowledge: a better theoretical understanding, faster access to information
  • Resources: more computing capital, better data than historical trends
  • Time / availability: more time for data analysis and mining
  • Discipline: more discipline is needed to define strategy well and exert self-control

Looking at the above facts Kryll offers a solution with:
I. Kryll platform
Aiming to fill the gap to make everyone into an efficient trading tool. Introducing WYSIWYT technology (What You See Is What You Trade), the Kryll team will provide a simple but robust yet powerful interface based block and flow interface. The flow visually illustrates the meeting of signals, operators, and relevant data that define a particular strategy.
There are 5 main families of blocks that can be used to build a strategy :

  1. Market Trends.
    They span from the usual trend analysis (volume modification, price fluctuation, ) to technical data analysis & studies (channels identification, patterns detection, resistance rejection, demand zone detection) and modelling (machine learning based market prediction) units.
  2. Trading actions.
    Like buy, sell, split amount into subsets, hold amount (like profits), loop, stop.
  3. Signals.
    Coming from professional traders, qualified Telegram channels or social network semantic analyses.
  4. Operators.
    They’re meant to organize data feeds and signal interactions (eg: IF the market is up
    AND “BTC” is receiving positive feedback on Twitter ...)
  5. Notifications.
    To keep you informed of a strategy’s status (this could be a text message, email or smart notification)

II. Kryll Companion app
Once you connect your mobile companion app to the platform, you will be able to access your dashboard, get push notifications regarding your strategy runs as well as stay connected in a much lower-key manner with your crypto trading status.
It’ll be a pretty good feeling to get notified about a position that’s been taken automagically and then sold, instead of an alarming signal pushing you to quickly catch the opportunity on your favorite exchange website.
Moreover the mobile application will introduce further interactions with the strategies you designed or selected, thus giving you complete control over your trades right in the palm of your hand.

III. Exchange Support
The Kryll.io platform will be interconnected via API to all exchanges that provide one, enabling you to trade your favorite coin of your choice on your favorite exchange right from the platform.
This massive support will also allow you to use a single platform to manage your entire portfolio’s strategy.
The first set of supported exchanges includes the following platforms:
Bittrex, Poloniex, Kucoin , Coinbase/Gdax, Cryptopia, YoBit.net,
Binance, HitBTC, Bitstamp, Liqui.

Kryll isn’t just a great platform where you can easily build, test and automatically run your strategies. We think collective intelligence is a huge asset that’ll make all of us more successful in the trading market.
Therefore the platform will offer a marketplace section where anyone can share a strategy build-up (as a blackbox) for others to enjoy in exchange of a KRL fee chosen by the creator and free of charge from the platform. People with excellent insights, with more time available or a well-honed intuition can help their fellow traders climb the success ladder.
The marketplace will also feature a chat section related to every strategy for people to interact in, advise, receive advice from the startegy’s creator or other skilled users.
Strategies featured on the marketplace will be awarded a rating according to their users’ ratings and internal measures of efficiency performed by the platform.
Because we’ve always placed users at the center of great products, you will be part of Kryll’s life and evolution :

  • Competitions will be organized where people will have to achieve the best performing strategy given time and block limits for a given set of (past) data. Winners will be rewarded with krylls for their talent.
  • When we will have released our Block Construction Kit, hackathons will be organized for developers to congregate and build up future winning blocks we’ll integrate in the platform(after thorough testing and benchmarking)
  • Our past gaming experience taught us to make it easy and transparent to share results, achievement on social media
  • Once the first set of 50 blocks we have in mind will have been released, we have a lot more ideas in the pipeline, and we’d love our community to vote for the next ones to come.

To implement Kryll.io's vision, we are launching an Token sale to issue Kryll tokens (KRL) on the Ethereum blockchain. ERC20 Kryll tokens will be issued by smart-contract at the end of the Token sale (April 2018). with the following information:

  • Start Date: February 7, 2018 at 12 noon UTC
  • End Date: April 20, 2018 - 12:00 pm UTC
  • Token Name: KRL
  • Token for sale: 40,000,000 KRL
  • Hard Cap (added bonus): About 8,000,000 USD
  • KRL Token Price: 0.2 USD
  • Minimum Contribution: 500 KRL
  • Max Supply: 72,000,000 KRL
  • Further Issue of Token: No token will be issued after sale, unsold token will not be generated
  • Currency received: BTC - BCH - ETH - LTC - ZEC - DASH

Project Roadmap
The Kryll.io platform has a 7 stage roadmap, spanning approximately 3 years that is summarized below. More information can be found in the Whitepaper.

2018

  • 07 February 2018 - 06 March 2018: Early adopters token sale with bonus (30% to 5%)
  • 06 March 2018 - 20 April 2018: Token sale without bonus and Early prototype demonstration
  • May 2018: KRL token emission on Ethereum blockchain starts
  • Summer 2018: Kryll.io Funder Edition (Closed Alpha version for Token sale investors)
  • November 2018: Kryll.io Companion app (Alerts, launchers, metrics, orders…)
  • December 2018: Kryll.io open Beta version

2019

  • Early 2019: Kryll.io V1 Release
  • Summer 2019: Kryll.io Enhanced Edition (Advanced Technical Analysis, Machine learning)

2020

  • Early 2020: Kryll.io Open SDK, Worldwide Hackathons

If you would like to participate and need other information please visit Kryll's official address at:

Author: Genk Mami Bibi
Profile: https://bitcointalk.org/index.php?action=profile;u=1504758
My ETH: 0x1A8ABE089E5E2A9898C025bD97C3D0aCA429dCfD

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