LUCRE TOKEN ICO REVIEW
Today I will be writing another project created by a group with 8 years of algorithmic exchanging background. Lucre is a restrictive automated exchanging system for Cryptocurrencies, made to beat the procedure of simply holding Cryptocurrencies. It is a completely automated system perfect with all Crypto exchanges and Forex CFD brokers to interface LUCRE with your record without the need to move your assets. It fills in as a tokens platform that is at present supported by algorithmic exchanging execution. Fueled by blockchain innovation, the platform presently fills in as an automated flag and exchanging system benefit for the crypto universe.
LUCRE is a selective platform since members with access to flag algorithms and auto-exchanging are constrained, this selectiveness is controlled by the number of tokens. On the off chance that you need to get a flag or utilize Autotrading, and you don't take an interest in the Token deals occasion, you should buy a token from the first member.
The Highlights of this platform
- Automated exchanging systems limit feelings all through the exchanging procedure. Since exchange orders are executed automatically once the exchange rules have been met, merchants won't have the capacity to dither or question the exchange.
- Backtesting applies exchanging tenets to chronicled advertise information to decide the reasonability of the thought. Watchful backtesting permits to assess and finetune an exchanging thought and to decide the system's anticipation.
- Since the exchange rules are set up and exchange execution is performed automatically, discipline is protected even in unstable markets.
- One of the greatest difficulties in exchanging is to design the exchange and exchange the arrangement. Regardless of whether an exchanging plan can possibly be gainful, merchants who overlook the principles are changing any hope the system would have had.
- Since PCs react promptly to changing economic situations, automated systems can produce arranges when exchange criteria are met. Getting in or out of an exchange a couple of moments prior can have a major effect in the exchange's result. When a position is entered, every other request is automatically created, including defensive stop misfortunes and benefit targets.
- As Crypto advertise is open 24X7 it is humanly difficult to exchange each section motion nonstop physically.
THE TOKEN
LCR is an ERC20 token based upon the Ethereum blockchain. Operating on the blockchain allows for global accessibility, 24/7 trading, transparency, public verification of LUCRE’s trading performance. The tokens value is linked directly to the underlying cryptocurrency trading performance. LUCRE Token is not based on speculation, but on product benefits and equity, values supported by an algorithmic Cryptomanne performance that is traded with real funds. The LUCRE utility token is called LCR. Can be traded at any time, ownership is fully transparent.
ICO Detail:
Token: LCR
PreICO Price: 1 LCR = 0.77 USD
Price: 1 LCR = 1 USD
Bonus: Available
Bounty: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH
Minimum investment: 0.1 ETH
Soft cap: 2,000,000 USD
Hard cap: 7,000,000 USD
Country: Saint Kitts and Nevis
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, Canada, Nevis
Token and Funds Distribution
Roadmap:
Initial Research and Development
– Nov 2017 – March 2018 – Developed the trading algorithm and concept; conducted
thorough backtests to determine trading parameters
Develop Smart Contract
– April – May 2018 – Developed LUCRE smart contract to best practice specifications
Finalize Smart Contract and Trading Protocol
– May – July 2018 – Complete smart contract, Whitepaper, and LUCRE Website.
Consultation with industry expert advisors.
LCR Whitelisting and Token Pre-Sale
– 28th August 2018 – Whitelisting Token sale participants; Bounty Program launch;
Marketing
– 15th October – Token pre-sale.
LCR Token ICO Launch
– 14th November – Token main sale.
Public Launch on Exchanges
– Q2 2019 – LCR Token is listed for trade on exchanges.
Final development and improvement of trading platform
– Q2 2019 – Improve development of the Algo
Launch Autotrading Service (Beta)
– Q4 2019 – First version of the Algo and signal service released
Final version release
– Q1 2020 – Final Algo version and signal service will be released
Data Collection; Regular Operation
– Nov 2017 – Future – The data pulled regularly from the brokers and will be stored.
This valuable deep dataset will be used to optimize the Algo. Research and Development of other Crypto algorithms.
The Team behind this project
The Advisors
More information, please visit the links below:
Website: https://www.lucretoken.com/
Whitepaper: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf
Telegram: https://t.me/LucreToken
Twitter: https://www.twitter.com/LucreToken
Facebook: https://www.facebook.com/lucretoken
Author's Details
Bitcointalk Username: Ubalola
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2441736