Carboneum review
Today, i bring to you another project, Carboneum. This is a social democratic trading platform.
Most people who are not very familiar with the crypto currency, earnings in this market is associated with trading, that is, bought some coins cheaper, sold more expensively and earned on the growth rate.
Often on the Internet, advertise courses, projects, and give an example of thousands of percent growth in the rate of air and bitcoin over the past year, or give examples of their transactions, where they earned hundreds of percent per month on stock trading.
But looking at it all deeper, we see that only professionals who have become these professionals have earned money in this market, having spent thousands of hours losing a lot of money at the development stage, and who constantly "keep their fingers on the pulse."
And imagine, if you could instantly repeat the transactions of a professional successful trader, and make a profit thanks to his experience and knowledge, paying him a small percentage of the reward only in case of a successful transaction.
This is exactly the kind of opportunity that the Carboneum project provides.
Over the past few months, several projects have appeared in this sphere, the brightest of which in my opinion are Tradelize and Cryptorobotics. And naturally, the question arises: What is the best Carboneum?
👉 Carboneum is based on an already existing successful project - StockRadars. This is the leading online trading and analytical platform on the securities market in Thailand. The platform has more than 4.8 million users, and the application of which has more than 680,000 downloads.
👉 The SoftCap project is already compiled before the public ICO, and even exceeded by 66%. Also a fairly small HardCap - $ 12 million, suggests an opportunity for a good token price increase in the future.
👉 Carboneum has made a decision to develop on the Icon blockchain. Despite the fact that this is a fairly young project, today it is one of the most promising and technologically advanced blockchain created by Korean developers.
👉 High ratings on ICO portals. For example, the score is 4.4 on the Icobench
Carboneum creates an open protocol for social trading and a decentralized social trading platform CoinRadars, over the protocol, with its own Carboneum (C8) token.
CoinRadars is a Dapp for social trading platform. The service allows users (followers) to duplicate the transactions of expert traders and receive trading signals.
Beginners Traders duplicate the transactions made by expert traders. Beginners can choose leaders based on expected profitability and risk assessment on the Carboneum platform, and copied trade operations can be performed automatically using the Carboneum protocol.
The compensation mechanism is created so that followers pay commissions only when the copied transactions are profitable. The fee is transferred to the leaders as a reward, and the portion is retained by the platform as revenue.
How will it all look in practice?
Expert trader and follower agree to the terms of the trade contract with the help of a smart contract on the ICON blockchain.
The expert gives access to his investment account Carboneum to the follower. Special service (Relay) will track any changes in the trading activity of the leader on the stock exchange, or exchanges.
After Relay detects any actions on the account, it will copy these actions and duplicate them to the merchant's account in proportion to the distribution of assets.
In the event that the trade yields positive results, Relay signals a request for a smart contract to deduct a certain amount of reward from the follower's purse. Carboneum will collect a commission for verification after the follower closes his trading position.
The project team is impressed by the fact that they already have the experience of creating successfully developing projects. I was also impressed by the list of project advisers, among whom, for example, the former Minister of Finance of Thailand. The full list you can study on the site.
site: https://carboneum.io/
Medium: https://medium.com/carboneum
Whitepaper: https://carboneum.io/documents/Carboneum_Whitepaper.pdf
Twitter: https://twitter.com/carboneum_io
Facebook: https://www.facebook.com/carboneum.io
Telegram: https://t.me/carboneum_c8
author: https://bitcointalk.org/index.php?action=profile;u=1249110