FTEC: DECENTRATLIZED TRADING ECOSYSTEM

jacobtemi10 (4)in #blockchain • 6 years ago

INTRODUCTION
Thе іntеrnеt іѕ a еnоrmоuѕ bаѕе оf іnfоrmаtіоn whеrе wе саn dо аnуthіng. Intеrnеt hаѕ соnnесtеd thе еntіrе wоrld. ѕо mаnу соmраnіеѕ hаvе ѕtаrtеd uѕіng сrурtо сurrеnсіеѕ іn thеіr wоrk.
With thе еmеrgеnсе оf altcoins аnd mоѕt importantly thе ріоnееr bitcoin. Thе nеw іdеаѕ аrе соmіng еvеrу dау. Pеорlе wаnt tо іnvеѕt іn thе nеw рrоjесtѕ. Crурtосurrеnсу hаѕ been аblе tо рrеѕеnt аn еаѕу tо uѕе dіgіtаl аltеrnаtіvе tо fіаt сurrеnсіеѕ. Offеrіng frісtіоnlеѕѕ trаnѕасtіоnѕ аnd іnflаtіоn соntrоl, іnvеѕtоrѕ hаvе bееn рrudеnt еnоugh tо аdd thеѕе currencies іn thеіr dіvеrѕіfіеd роrtfоlіоѕ аѕ аn аѕѕеt, аѕ thе ѕіzе оf thе mаrkеt dоеѕ nоt rерrеѕеnt a ѕуѕtеmіс rіѕk. Crурtосurrеnсу еmрlоуѕ thе uѕе оf сrурtоgrарhу thаt аѕѕurеѕ hіgh-ѕесurіtу рrосеѕѕеѕ аnd vеrіfіеѕ trаnѕасtіоnѕ реrѕоnаl tо еасh uѕеr. Hоwеvеr, thе рrіvасу аnd ѕесurіtу сhаllеngеѕ kеерѕ оn grоwіng as thе mаrkеt gets brоаdеnеd. In thіѕ wrіtе-uр, I аm gоіng tо gіvе a rеvіеw оf оnе оf thе mоѕt рrоmіѕіng рrоjесt tо еvеr “grасе” thе blосkсhаіn рlаtfоrm.

OVERVIEW

FTEC is an ecosystem of intelligent services and neural networks for conducting effective trading activities on cryptocurrency markets.FTEC global mission is to reduce the number of unprofessional traders. The idea behind this project is very clear and simple: to create a holistic ecosystem that will contain all the necessary tools for users with any level of experience and knowledge in the field of cryptocurrencies. FTEC already have currently running projects based on algorithms for automatic trading on cryptomarkets, they gave us a great and valuable experience and therefore we moved on to fulfill more ambitious goals.

FTEC's aim is to provide intelligent ecosystem services and provide an effective network of activities for traders in the digital currency market.

Your arrival in our project is a great pride and is the thing we have been waiting for, because with you in our project, that means we have gained support to develop our project into the best project in the digital currency market.

The ecosystem offers a complex of 15 original solutions for:

Boosting your sales efficiency (by using smart trading systems)

Saving your time (by using neuronetworks for information flow filtering)

Studying the specifics of crypto trading (with the help of automatized cryptoacademy and broad database)

Improving your trading strategies (by using a smart system for analyzing your trading history on cryptocurrency markets)

Minimizing the risks of the trading activity (by using the tips of the automatic search for most profitable offers on the market)

Receiving the latest trends in the industry (by means of smart service for analyzing social networks and web search data)

Closed beta testing of all developed modules.(Some of the ecosystem’s elements are already available for testing for all users. We will give access to test ALL modules which are already in developing for users who bought tokens worth from 20 ETH).

Problem

The key problem we faced in developing our first trading algorithms was order book limitation on exchanges. So if automatic module finds a situation when the user can get a profit on the market, it also needs to define a queue of people for whom purchase and sale will be made. As price is not a constant value and the price of further purchases increases after the purchase of the first user (because buying demand has risen), the next user will buy at a bigger price.

Solution

Firstly, amount of issued tokens is constant. Thus, the possibility of additional token emission is liquidated. It means that every token holder can be sure that he can manage a part of tokens he bought.

And secondly, we will have an opportunity to form a certain queue of users because of uneven distribution of tokens between holders

We can use ecosystem tokens to solve this problem.

The number of tokens is limited - this means that each marker holder can be sure that it can manage part of the tokens that it bought;
we will have the opportunity to form a specific queue of users, the user will be able to track his position in the ranking using the appropriate tool in the user's account. The queue will be determined by the number of tokens on the user's balance within the trading system.
By the way, users of FTEC token holders who have more than a certain number of tokens (the number is not yet certain) on the balance within the system will have a voice that can be used for project development.

The scheme of using the product is of the greatest importance in the entire project and consists of a set of 12 Smart Trading System modules that are automatically traded through proven and monitored algorithms.

The approximate scheme of use:

The user selects the trading module;

Chooses a stock exchange and trading limit;

Connects own API keys;

The trading module trades according to the chosen algorithm and accumulates profit on the exchange account of the user.

Another not unimportant module Adaptive Social Assistant - this module tracks data from social networks and sends signals to the user in the account adapting them to certain parameters.

The next module is called the Trader Behavior Analysis Service - it is a module that analyzes the trading history and makes recommendations for changing the trading strategy to achieve profit.

The exchange order management module is a service that allows you to simultaneously set stop-loss and take-profit levels and additionally calculates the most favorable price for opening an order yourself by means of a mathematical algorithm.

The analyzer of the news background - a module based on the neural network is built on the LSTM architecture. The analyzer generates reports based on the information flow from the media.

Arbitrage Assistant is a module that allows you to make profit using arbitration windows on most crypto-currency exchanges in manual and automatic mode.

Token Details

Maximum amount of tokens 998 400 000 FTEC

Freezing of team’s tokens for a year

All unsold tokens will be burned

Automatic refund if the soft cap is not achieved

Utility-Token

Since order book of any cryptocurrency exchange consists of orders with different prices, automatic trading modules face a dilemma of priority of buying/selling order execution. Our own token can solve fundamental problem we faced and also gives token holders certain advantages.

Due to a constant number of tokens, users will be able to influence their position in the queue by selling or buying tokens. The system will have a mechanism for calculating certain queue of users owing to the uneven distribution of tokens between holders. The place in this queue will determine potential profit of token holder because his orders will be executed earlier and at a more favorable price.

Besides that, FTEC holders who have a certain amount of tokens will be able to influence the further development of ecosystem by voting. You can learn more about options for use of the token in the relevant section of the WhitePaper.

TOKEN SALE

Main Token Sale stage is characterized by the active implementation of the product itself, a transition from a prototype to a ready-made solution with the possibility of public testing and the first profits for Token Sale participants.

Fundraising goal:At the main stage of the Token Sale, we are collecting funds for the implementation of the entire functional ecosystem. Since it essentially consists of a large number of individual modules, it is reasonable to hire individual workers for each one of the modules.

Each module will be located on a separate server, so it will be necessary to provide support and configuration of these servers by system administrators. DevOps are required to coordinate commands between each other and provide their needs in external services. The quality of software development will be monitored by the test staff.

To maintain community interest, additional marketing expenses will be devoted to the project.

Extensive funds will be spent to provide the necessary infrastructure. After all, such things as protection against DDOS attacks, the purchase of facilities and datasets for the training of neural networks are very important tasks for such a project.

Distribution of Tokens

ICO PRE - SALE AND SALE

Pre - Sale starts in 11 April 2018 Finish 08 May 2018 ( 11.04.2018 / 08.05.2018 ) Sale Starts in 29 May 2018 Finish 21 Jun 2018 ( 29.05.2018 / 21.06.2018 )

1ETH = 39960 FTEC

FTEC is an ERC-20 token based on a system of smart contracts 998400000 FTEC will be released in total

PRE-SALE

Before the official launch of the Token Sale, for users who want to receive tokens, a campaign will be conducted to present the token mission. That will allow to determine the level of people`s interest in the future project.Fundraising goal:

To raise funds for the development of already implemented products and large-scale marketing for attracting interested audiences to the main stage of Token Sale.

Main aspects of expenditures:

Advertising on social networks
Press releases
Contextual advertising
Advertising publications
Expert reviews
Banner advertising
Content makers services
Translators
Merchandise.

In addition, most of the funds will be spent on the development of the system. For new employees, a basic set of software will be purchased.

Pre-sale will last for 27 days, starting on 11/04/2018 14:00 GMT+00 to 08/05/2018 14:00 GMT+00.

The number of tokens available for purchase at the Pre-sale stage is 147,980,000, which allows users, who learned about the project before the others, to get tokens at the best price.

Project development strategies according to Pre-sale results:

SOFTCAP is not reached. We return investments to participants of Presale and develop the project independently

SOFTCAP is reached. HARDCAP is not reached We conduct an active advertising campaign, expand the staff, attract more attention to the main Token Sale stage

HARDCAP is reached. We observe a high level of interest in the platform, so spend the maximum amount of funds on buying huge datasets for quick improvement of our AI-based services, marketing and development.

ROADMAP
2017

July - Ideology, teambuilding, setting a technical task, architecture development for Coinbot.club database.

August- Template design development, signal subscription mode, 2FA connection.

September - Development of candlestick classifier, Orderbook analyzer.

October - Creating a new logo, redesign

November - Creating a coinbot.club blog, algorithms for intelligent trading modules.

December - Decision tree architecture, Bittrex API connection, Poloniex, automatic API checking, affiliate program development.

2018

January - Connecting the Binance API, Kraken, a support department was created.

February - Updating the payment system, fixing bugs.

March - Landing creation, White Paper, preparation of documentation

April - Pre-sale, interview-sessions, advertising campaign. Report.

May - Token Sale, full-fledged development. Report

June - Summing up, connecting the API of new exchanges, creating Telegram Assistant, Adaptive Social Assistant, Arbitrage Assistant, Telegram Assistant, staff expanding. Report.

July - Mobile App, Service of Trader's Behavioral Analysis, statistics collection. Report.

August - Exchange Order Management Module, interaction testing with other modules, Price Notification Module. Report.

September - Development of network architecture, Analyzer of the News Background, materials collection and tests for Cryptoacademy, the launch of a full-scale marketing campaign. RoadMap update. Report.

October - Anomalous Volume Dynamics Analyzer. Report.

November - Roadmap update, Cryptoacademy, Global Price Analyzer. Report.

December - Module for Cryptocurrency Portfolios Management. Report.

2019

January - Desktop App. Report.

February - Global testing, RoadMap update. Report.

March - Trading Recommendation Platform. Report.

Meet The Amazing Team

Ihor Torshyn - Chief Executive Officer

Stanislav Ochkur - Business Development

Viktor Daverman - Chief Technology Officer

Julián Marcelo Bernal González - Cyber Security Specialist