SIGNAL NETWORK

phlaser (42)in #signal • 6 years ago

INTRODUCTION
Since development of the blockchain technology in 2008, Cryptocurrency has continually evolve with different innovations to make life better place for human, thereby gaining investors confidence in the system. 2017 was a year that the Cryproworld went crazy with Bitcoin hitting a landmark of $20,000 to 1 BTC. This landmine gave so many people confidence that Cryptocurrency has come to stay and would do to Banks what The Internet did to Postal Services.

Crypto offers many advantages for traders over traditional assets, in that they are decentralized, borderless and can be traded around the clock. While this opens the doors to practically everyone on the planet, it also poses great risks due to lack of regulation, liquidity and oversight. There are far too many stories of traders who lose it all because of mistakes or a shortage of emotional fortitude necessary to stick to their trading plan.

Since the advent of Computer technology, processing of large junk of data by the system can be easily fuse with Cryptocurrency trading. This will help to ersdicate emotions, fears and emotions that are imminent in the human. The computer works 247 and sees trading as just an array of data that needs to solved in order to give good yield.

Pairing these two technologies is a perfect match. Blockchain tech and crypto are expected to continue their growth for the next decade, and traders should have great advantages when it comes to trading for a long time coming. Our mission is to empower crypto traders with state of the art algorithms from the data science community, which will allow them to optimize their profits. The Signals Platform provides these tools in a user-friendly way. From advanced charting and classic technical indicators to complex statistical models, crowd wisdom based inputs and machine learning algorithms based on media monitoring and sentiment analysis; the Signals Platform is a place where anybody can create fully customizable trading robots with no advanced technical knowledge required.

SIGNAL TOKEN (SGN)
The Signal Token is an Ethereum blockchain based ERC 20 token. All paid features available on the Signals Platform will be accessible exclusively using Signal tokens. Signals’ business model is based on two main revenue streams. First, Signals charges a fee on each purchase in the Signals marketplaces, which includes:

Purchase of user-created indicators in the Indicator Marketplace.
Purchases of data streams in the Data Marketplace.
Renting of user-made strategies for copy trading in the Strategies Marketplace.
Using premium machine learning features in order to assemble and train trading strategies.

The second revenue stream comes from the Signals cloud solution for deploying strategies. A subscription model will be implemented, with several tiers to choose from based on the amount of strategies used.

THE SIGNAL PLATFORM
The Signals platform works in a very simple way. There are several marketplaces, where data, indicators and strategy inputs can be chosen and then assembled into an automated trading strategy using the Signals Strategy Builder. The whole process can be completed using our visual building tool or in code, just like Python. It is designed such that anyone with a trading idea can design, make, backtest and deploy it in no time at all.

ADVANTAGE OF SIGNAL TOKEN

Eradicate emotions in form of fear, anxiety and FOMO.
Saves time and stress trying to keep with trends and pattern in the trading platforms.
Eradicate fatique of the human body due to long hours spent on trading.
No special skills required. It can be easily operated by newbies.

ROADMAP
The Signals roadmap is divided into six milestones between 2017-2019. Each milestone consists of a certain number of features that will be implemented. After each milestone, we will conduct extensive testing and auditing of the implemented features; therefore, we expect time gaps in between working on different milestones. We are working on multiple features simultaneously; nevertheless, the work on features from the upcoming milestone will begin only once the current milestone’s features are completed and fully tested.

TOKEN DISTRIBUTION
SGN distribution process The launch of Signals and the corresponding Signals token (SGN) creation process is based on the Ethereum blockchain. The distribution process will consist of two phases: the token sale, and the token presale phase. The process began with its token presale phase, which started at 14:00 UTC on Wednesday, November 22, 2017. Participants willing to support Signals’ token sale can do so by sending ETH to the designated address. By contributing, participants will receive SGN tokens at the prices detailed in the section below. SGN tokens received by contributors will be transferable immediately after the end of the Distribution Period.

SIGNAL ALLOCATION
SGN Allocation SGNs will be issued during the distribution period according to the following percentages. This is the final amount of tokens, and no further tokens can be issued.
• 50% of the SGNs will be offered for sale to public contributors during the distribution process.
• 20% of the SGNs will be reserved for the community, as a reward for the developers and data scientists. This is further described in the Community Support section of this whitepaper.
• 18% of the SGNs will be allocated to the company reserve. This reserve will represent a source of the company’s income and will be used to cover development and operation expenses. • 10% of the SGNs will be allocated to the advisors and partners collaborating on Signals platform.
• 2% of the SGNs will be distributed via our Bounty Program as rewards for marketing initiatives, bug finding programs and advisory compensation.

TEAM MEMBERS