Thursday, November 1, 2018

Lucre: Algorithmic Trading Platform on a Blockchain Network





What is Lucre ?

LUCRE is an exclusive automated trading system & signal service for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. Developed by a team with 8 years of algorithmic trading experience. Lucre algorihm was build on a philosopy - Don't HODL; Trade! allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market going south the algorithm attemps to make profit by shorting it. Lucre Trading Algo will be running on a Metatrader trading platform. Token sale participants will get an LCR token which will track the performance of the Algo. The price will be updated regularly to accurately reflect the value of underlying Crypto asset being traded by the Algo.

Signal Service
Receive buy/sell/close alerts of high-quality and exclusive trading signals with +75% of accuracy to trade it yourself on any broker or exchanger.
Automated Trading 
Fully automated system compatible with all Crypto exchanges and Forex CFD brokers to connect LUCRE with your account without need to move your funds.
Trading Pool
LCR tokens deposited in the pool will be managed by LUCRE algorithm and trading team

 PROCESS DETAILS

 Participant applies for the LUCRE Token and gets whitelisted (KYC/AML). After receiving the confirmation of been whitelisted the participant then sends the funds (ETH) to the public address of the Token sale event. At the end of the Token Sale event, 40% of the received funds in ETH are liquidated and transferred to the LUCRE Derivatives Trading account where trades are executed by the LUCRE Algo. The trading account also linked to a third party system where the performance of tje Algo is verifiable 24x7.
For every participant who has contributed more than 1 ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD crypto brokers and in the future will be available for crypto exchanges as well.

ROADMAP
Aug 2010
 Proprietary FX Trading company was created

Sep 2011
 First trading Algo was created for major FX pairs

Jan 2014
 Fx trading opened for clients

Nov 2017 
 Initial Research and Development for Cryptocurrencies

Apr 2018
 Develop Smart Contract

May-Jul 2018
 Finalize Smart Contract and develop dashboard

Aug 28Th 2018
 Whitelisting participants "Bounty Program Launch"

Oct 15Th 2018
 Token Presale

Nov 14Th 2018
 LCR Token Sale Event Launch

Q2 2019
 Public Launch on Exchanges

Q2 2019
 Final improvement of trading Algo

Q4 2019
 Launch Autotrading Service (Beta)

Q1 2020
 Final version release

TOKEN ISSUANCE & STRUCTURE

Total Token supply: 12 500 000 LCR
Available for Purchase: 10 000 000 LCR
Token Type: ERC20, Ethereum Blockchain
Min Raise: $1 600 000
Max Raise: $7 000 000
80% of the tokens allocated to the participants (10 000 000LCR)
14% for developers and company reserve (1 750 000 LCR)
3% for rewarding advisor (375 000 LCR)
3% is used on Bounty program and marketing (375 000 LCR)
Token Pre Sale Period: 15th Oct 2018 (30 days)
Token Main Sale Period: 14th Nov 2018 (4 weeks)
A substantial portion of the funds, 40%, will be dedicated to servicing on the development team and the creation of platforms
Another 40% will be contributed in the Trading Pool to prived profits to the Token sale participants
15% is for capex
3% will be spent on marketing aimed at attracting new users to the platform, creating a community interested in the token and the service

Remaining 2% for legal and compliance fees

The Core Team



For More information Click Link Bellow: 

Author: mudyak99 
Eth Address: 0xaa8d0c02b1f3d547f4239269ef5c756c1deb443b


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