ICO CoTrader – Blockchain Based Investment Funds Marketplace

sechkin (9)in #ico • 6 years ago

Introducing

Many people wonder, where is it better to invest? To do this, invented investment funds, where people trust their money to professional investors. But what does this lead to? Now this area is very opaque, a lot of deception. Quite often, a financial pyramid is masked under the investment Fund.

When investing independently, there are also certain risks. For example, investing in ICO is also associated with high risk, no one gives a guarantee in the reliability of the company conducting such a company. Cryptocurrency and stocks are subject to volatility (especially the crypt) and there is a risk of devaluation of both the former and the latter.

In 2017, the project of the new investment Fund was presented for the first time by the crypto-investors team. The project is called CoTrader.

What is CoTrader ?

It's a decentralize fund management, they present a rialto for Investors, Cryptos and ICO's ("It's like a sizably voluminous supermarket") that they can invest the same way automatically, they are the worlds first Crypto ICO Exchange and will be the financial platform of the future which is available now, CoTrader aims to become the world’s most sizably voluminous investment funds and trading emporium.

CoTrader’s MVP already fortifies cryptos and ICO futures it will fortify all tradable assets in a one stop shopping platform. This is innovative and awe-inspiring in the cryptocurrency ecosystem via blockchain. Let us visit the website for more ocular perceiver opening concepts: https://cotrader.com

Modus Oparandi

CoTraders can invest together with the best proven fund managers. Unlike competing platforms, CoTraders investment funds can be managed without ever sending the mazuma to anyone. Fund managers' fees and performance history are transparent and proven on the blockchain, Fund managers who trade the fund assets on decentralized exchanges (DEXs).

Prosperous fund managers receive a percentage of the profits they have made for their investors. Investors remain in control of their mazuma and are able to deposit and withdraw from any fund at any time, They Facsimile the crypto & ICO investments of the Top traders to get the same gains that they do without even compulsory kenning what they are trading. This is novel and like taking your trading worries over from you.

The platform will have its own COT token for internal turnover. Now, at the ICO stage, you can purchase a million COT tokens for 1 etherium. Using this token, you can conclude transactions on the platform, pay fees, make profit, interact with other platforms, as well as other opportunities.

What other possibilities will the platform give:

CoTrader supports the ICO trade. On the platform, those ICO will be selected, which have a development perspective.
The platform will present all assets traded on any stock exchanges, using our strategy. Thus, CoTrader supports crypto currency, shorts, options and much more.
CoTrader introduces a decentralized protocol that will become fast and secure with support for confidentiality.
CoTrader will be built on its own blockbuster, which will be quick and secure with the support of smart contracts.
Of course, СoTrader is a market of investment funds built on the structure of super-DEX. Also, the technology of Smart Funds is implemented here. This protocol is designed to enhance the anonymity and standardization of tokens.
The platform will support cryptotices of mobile devices.

The Technology

The CoTrader's main technological feature is a Smart Fund, which essentially represent an Ethereum-based smart contract that has a fund manager, investors and shares. The fund manager, i.e. the expert trader who will manage the fund and invest to make profits, will be able to set up the fund.

Investors will be able to buy the fund's shares and receive profits depending on the amount of the share their own in the fund. The manager will receive a fee for their services.

Another CoTrader's feature is the SuperDEX infrastructure that pools decentralized exchanges for maximum liquidity and power, and enables fund managers to trade on these exchanges. Initially, CoTrader will support Bancor, Kyber and 0x, with more DEXs joining later.

Smart Funds are coded in a way that investors will be able to withdraw their funds any moment.CoTrader's platform will also enable ICO pooling, meaning that smaller investors will be able to participate in pre-sales and get early supporter discounts without being scammed by some shady pools.

Investors can also whitelist on the platform and won't have to do KYC for every single ICO. More importantly, since CoTrader's shares are minted for each created fund, users will be able to trade these shares from funds set up to invest into ICOs that haven't distributed their tokens yet.

This effectively will create ICO futures market on CoTrader's platform.

The Token

The total supply of COT tokens is 100 billion, with 20% (20bn) being offered for sale. The price is pegged to ETH, with 1 ETH equal to 700,000 COT. Therefore, the hard cap should be around 29m ETH (although the Whitepaper says it is 10m USD). Pre-sale bonus varies from 20% to 40% with 6 months vesting. According to the Whitepaper, team and advisor tokens will be vested for 4 years. Frankly, this is the first project with such a long vesting period for the team I have seen so far.

The tokens are necessary for using CoTrader platform, profit buy-backs and burns, hiding fund managers' strategies and portfolios, DAO voting and cross-platform interoperability.

The public seed sale is set for 23-30 June, public pre-sale will last from 1 to 30 July, and the main sale will happen between 1 and 30 August.

Token Matrix

Token – COT
Total Token Supply – 100 Billion
Price – 1ETH = 700,000 COT
Hard Cap – $20M USD
Public Pre-Sale – 1st to 30th July
Crowd Sale – 1st to 30th August

The Team and Advisors

CEO and Founder Gary Bernstein has many years of experience in software development with various companies. He also serves as Advisor and Strategic Partner at Senno, a blockchain-based decentralized decision-making network. CTO Eliezer Steinbock worked as Software Engineer with the Israeli Defense Forces. Fintech Analyst Adam Kovacs served as risk and investment analyst with Citi and Cockpit Innovation (Israeli VC). The team also comprised of other blockchain and financial management specialists.

Advisors include Eric Zeng who served as VP for Strategy for Goldman Sachs and Algo Lead/Manager for J.P. Morgan. Jimmy Naraine spent several years combined with Allianz and Goldman Sachs. Ori Levi represents Block51, an Israeli premium crypto marketing agency, and Gladius, a blockchain security company.