Tradelize - Your Laser Sword In Cryptocurrency Trading

chathura (26)in #cryptocurrency • 6 years ago

Project Description

Tradelize’s goal is to lower the barriers to entry into cryptocurrency investment markets by providing tools that make trading opportunities accessible to mainstream users.
Tradelize.terminal is the first Direct Market Access software for cryptocurrency, offering innovative features that are used in the mature capital markets. Tradelize.web is a one-of-a-kind ecosystem where investors have the opportunity to follow strategies of professional traders.
Tradelize.score is used in order to determine a trader’s expertise, through a unique database and a ranking system of verified performance results.

Product

The Tradelize platform consists of 3 components:

Tradelize.terminal, which serves the needs of professional traders and is designed to bring in the traditional stock market professionals.
Tradelize.web allows market newcomers to successfully join the industry by copying the trades made by effective traders.
Tradelize.score, will support the first two components by funding the best traders – giving them access to managing some of the funds provided by Tradelize in exchange for their expertise. Tradelize.score can be used by all Tradelize.web users, and they can copy the successful strategies and earn funds on a par with professional traders.
Tradelize will use the funds received from the Token Sale in order to engage the most successful traders. 80% of these funds will be distributed among the ecosystem’s 300 best traders, who will manage these funds in order to create the most successful strategies for users.

What is Tradelize.terminal?

Tradelize.terminal significantly simplifies the trading process, allowing users to monitor exchange activities in real time and execute transactions through various cryptocurrency exchanges, all through one interface. The Tradelize.terminal enables traders to create a tailored workspace, by applying custom features and settings. Cryptocurrency exchanges (i.e. Binance, Bittrex, KuCoin) will be connected to Tradelize.terminal by using public APIs. To date, 12 crypto exchanges have already been connected with more to come.

How will the best ProTraders be determined?

So how will the best ProTraders be determined? This is where our Tradelize.score tool comes in handy. During the token sale every trader will be able to start building his/her statistics in Tradelize.score, whether they use Tradelize.terminal or not. In the latter case, the traders can connect 10 of their cryptocurrency exchanges to Tradelize.score through an API. Based on the trades they have made and will make, the trading score will constantly adjust.

The Tradelize.score database will provide the following information for each trader:

Rank
Risk adjusted return
Risk profile (VAR, expected shortfall)
Currency exposure
Trade stats: win rate, profitability
At least 2 months of trade performance statistics will need to be stored on Tradelize.score before successful traders will be eligible to enter its top ranks. During the token sale period, the top ranks of Tradelize.score will become filled with the best ProTraders. Funds allocated to the best 300 ProTraders will be redistributed on a monthly basis according to their current ranking positions. After completion of all legal formalities and technical procedures, the funds will be released from the escrow account and distributed among the 300 best ProTraders and the liquidity pool.

Token Utility

The following will be paid in TDZ tokens:

Fees on profits generated via copy trading
Trade fees
Fees and payments for additional services and products
TDZ tokens will be used as an access key. Holding $100 worth of TDZ tokens will give traders access to Tradelize.terminal, and investors access to copy traders’ strategies. All prices for services will be denominated in fiat currencies, but be paid in TDZ tokens. Because service prices will be set in fiat, the actual market TDZ token value will be used to determine the number of tokens to be paid in fees for each transaction.

Main Positives

The revenue model is clear. Tradelize earns revenue from trade fees which are based on the user’s respective monthly traded volume, and 10% profit-based fees are deducted from users’ copy trading gains.

Tradelize have developed their Alpha and Beta of tradelize.terminal. According to their admins, the open-demo testing will be available soon. So if you are interested, we suggest you join their Telegram channel to receive their latest updates

Tradelize addresses the problem of having to use multiple exchanges in the crypto world, and aims to make crypto accessible to the public. A full view of exchanges and a simple app should attract a wide audience.

In the documentation, the team has also explained the project’s potential risk factors. It seems that they are prepared and knowledgeable in this regard.

Main Negatives

It is not clear what would happen if the Professional Traders who are allocated trading funds misuse the platform. What consequences are there for the traders who have bad intentions?

The roadmap is somewhat limited in detail and vision.

Professional traders are allocated money from the 80% of funds raised through the token sale in order to use the Tradelize ecosystem. They have access to a great platform, plus they get rewarded by receiving a cut from the profits generated by “copycats”. In other words, they get paid to invest, make money on their investments, and receive a cut from the profits of the copycats. This seems a little bit too good to be true. It is a great way to incentivize, however we wonder how sustainable this business model is?

Team

Team Highlights

Illia Pashkov (Chief Technologist) – Illia is an entrepreneur and creative technologist with over 10 years of experience in working with digital products and startups. He also worked for the BMW Group as a product and UI/UX designer.

Vitalii Kucherenko (Head of Business Development) – Vitalii has over 10 years of experience in corporate finance and finance consulting in different industries, including FMCG (Nestle) and IT (Microsoft). His focus was on controlling and ensuring sustainable long-term growth and profitability under variable economic conditions.

Igor Sabodakha (COO) – Igor is a financial expert, with a focus on providing investment decisions support through fundamental analysis and development of stock trading frameworks. He worked at Grant Thornton (a managing and consulting firm) for over five years and is a member of the Ukrainian Society of Investment Professionals.

Advisors