Trends - Financial Analysis Blockchained
With the introduction of the Blockchain concept to the world during 2008 as it was the thing that helped power the world's first cryptocurrency, Bitcoin. It now is the most highest priced and the most innovative thing of this decade or the decades to come. It has changed the way we look at currencies as a whole.
What it did was bring back the power of say back into the hands of the users instead of it lying in the hands of the service providers. It also brought about a increased layer of transparency and security. You may wonder why it took so long to introduce, seeing that the concept behind it is very simple and have been used many times previously in other forms, ways and methods in the physical world.
Soon after Bitcoin's introduction, its prices soared, many newer coins, known as AltCoins (aka Alternate Cryptocurrency Coins) came into the market which tried offering or better the features and drawbacks that Bitcoin had. But Bitcoin remained the market leader as it had the first-mover advantage, even though it is starting to show its age in the recent years with the introduction of many new and advanced coins that basically operate in the Blockchain but with much improved mechanics, it still reigns over the crypto market.
Another thing that was really unique of sorts was the fact that Bitcoin and other cryptocurrencies, being at their infancy, have seen insane amounts of growth and have a lot more room in the future. Many of the cryptos have increased thousand fold in value within days and weeks or months. This meant that it was a really volatile market where you could either lose all that you put in overnight or gain so much that you'd never have to get a paying job for the rest of your life. This was the case for the decade or so since cryptos were first introduced. But now, the market seems much less volatile, while still maintaining that steady rate of growth with sudden spikes, but not as drastic as before.
All this led to the frenzy of people jump aboard the crypto buzz, many of them being newbies while many coming from the regular stock market and investment sectors. While the latter had some sort of idea and knowledge on how to go about in such a volatile and nascent market, the former, having no prior knowledge usually end up losing. They'd start learning after their loses. This can be prevented.
Trends Platform
They aim to solve the above mentioned problems faced by the newer as well as experienced investors entering the cryptocurrency market for the first. It may be similar to the traditional stock market but that does not mean that the same mechanics apply here. They allow the users of their platform access to technical analysis that was previously only accessible to those who could afford hiring a specified professional. It also allows them to maximise their ROI by using targets set by their technical analysts.
ICO & Team
They plan on powering their platform by introducing the Trends (TRND) Token which is based on Ethereum's Smart Contracts Platform. Their Private Pre-Sale is currently in progress and they plan on holding their Pre-Sale and Main-Sale on 1 July and 15 August respectively. It requires for you to be Registered, Whitelisted and KYC Verified in order to participate in the ICO. There is also no minimum transaction amount set for the Private Pre-Sale.
The Founders and rest of the team has adequate experience in Trading, Software Development, Blockchain, HR, Community Management, App Development and Full Stack Development respectively. The advisory board consists of renowned and experienced Blockchain Experts, VCs, Investors, Entrepreneur (Founder of eSports.com) who also bring along their expertise in fields of Business Development, Blockchain, Trading and Investments.
Conclusion
They have got a really solid team and advisory board and a very unique take on the a topic every other Blockchain project is based about. This sets them apart in a good way but they put off well experienced investors while chasing to provide services for the newbies.
I believe that they could have attempted this a few years back and they could've had even greater chances at success, but that is not saying that they have no chance now. They are well prepared and the fundamentals are in place with good Token economics.
For more information --
Website -- https://www.trendsproject.io/
Whitepaper -- https://www.trendsproject.io/whitepaper.pdf
ANN -- https://bitcointalk.org/index.php?topic=3844485.0
Telegram -- https://t.me/Trends_Project
Published by -- smithjones
Profile link --https://bitcointalk.org/index.php?action=profile;u=1936039
https://steemit.com/news/@bible.com/6h36cq
“Crypto Investing made simple and easier for newbies.”