LUCRE:ICO PLATFORM OVERVIEW
Algorithmic buying and selling isn't always a novel idea. In reality, it seems to be pretty a researched subject matter, and it's now not difficult to locate assets approximately it online. From strategies to code libraries, to people sharing algorithms on GitHub.
In our case, we wanted to apply it to invest in bitcoin or different cryptocurrencies. To make investments you need a trade: a place that you let you buy and promote bitcoin in trade for "real money" (eg, bucks or euros). Simulate first
Playing with the exchanges themselves, but, would require making an investment actual cash. Also, the feed a charge for every transaction, so before recklessly toying round we ought to first find a decent algorithm at the same time as checking out on a simulated environment. The algorithms On top of that toy environment we set to build multiple algorithms and set them to compete against every different:
easy set of rules: maintains a constant quantity invested within the stock at all time. If the price goes up, it extracts the earnings difference with the original quantity. If the rate is going down, it buys up new stock till it reaches the funding quantity.
Pirate set of rules: based totally on this set of rules that we determined on GitHub. It continues music of the cost at which you purchased or sold a piece of inventory. If the fee goes in addition down that you purchased it for, it'll sell it to keep away from the loss. If it is going up it will rebuy it.
A static set of rules: buys a full quantity of funds and virtually waits. No fuss investment! It will basically produce income or loss relying on the longterm evolution of the market.
A random set of rules: it will randomly purchase or sell a hard and fast amount.
WHAT IS LUCRE IS ALL ABOUT
LUCRE is the extraordinary computerized trading device for Cryptocurrencies, created to surpass the method of the usage of Cryptocurrencies. It become developed by way of a group with 8-12 months revel in of algorithmic buying and selling. Holding a crypto currency become no longer the high-quality manner to increase your wealth lately. The LUCRE algorithm was based totally on a non-HODL philosophy; Deal! Permitting you to alternate in each instructions long and short. The splendid beauty of this project is the potential to generate sales in all market conditions, purchase and promote with each perceived possibility. Even while the market is going to the south, the set of rules tries to make a profit by using quick-circuiting it.
Lucre Trading Algo will paintings on the buying and selling platform Metatrader. Participants in the sale of tokens will acquire a LCR token that will reveal Algo's performance. The price can be updated regularly to appropriately mirror the fee of Crypto's principal belongings traded with the aid of Algo. A player can trade on exchanges with a purpose to list the LCR token.
The manner of promoting the token can be used for two important purposes:
Complete the development of LUCRE Trading Algo (full trying out, including numerous cryptograms, optimizing overall performance, and enforcing computerized trading with various Crypto broking APIs when they are to be had and stable).
Use forty% of Token's sales finances to alternate Cryptocurrencies with agents and proportion profits with individuals in the sale of Token. A small shoulder could be used a maximum of three times. Trade may be achieved in both directions for a long term and in a short time, relying at the route of the market, located via LUCRE Algo. Each order has a predefined tender and difficult prevent loss and benefit from the income.
With the down charge, you'll obtain LCR tokens that offer top rate club and confined get entry to to the service. When you have got those tokens, you can earn cash with the aid of combining the numerous options certain beneath. Tokens also can be bought to every other player. With LUCRE, Token investors do not want to make contributions additional price range, on the grounds that they could make the most of initial participation with the benefits of the set of rules. At the same time, members can use their price range to conduct extra trades on buying and selling indicators LUCRE. Thus, you could increase your profitability. You can pick one of the following options or integrate them to optimize your profits.
Join at some point of the event for the sale of tokens to get a percent of the advantage, proportional to the preliminary contribution, made by means of the algorithm in the Trade Pool.
Use alerts for buying and selling: you'll receive BUY SELL signals for Cryptocurrencies, which you can use for guide trading together with your broker.
Use the LUCRE Autotrading service. Users can use some of their Fiat price range with the Autotrade algorithm, with all the advantages at once transferred to the individuals.
The most effective hazard to buy a token after the sale of LUCRE could be at the trade with the participants of the sale of Token. If Algo succeeds, it's going to increase interest in shopping for and, consequently, will result in better expenses for LCR tokens.
TOKEN PROFITABILITY
Based on the 8-12 months experience in Algorithmic the Forex market Trading, we saw that hobby can boom if the algorithm works properly and extra individuals are worried within the undertaking.
LUCRE is an special platform due to the fact members with access to algorithmic signals and creator day trip are limited, and this exclusivity is controlled by means of the wide variety of tokens. If you need to obtain signals or use Autotrading, and you probably did not take part inside the Token sale occasion, you may want to buy tokens from the original participants.
The trading algorithm will take lengthy and brief positions and wager on both bearish and undergo markets, as a consequence diversifying and optimizing the overall performance of the portfolio. As a participant in the sale of tokens, you can determine to earn cash by using promoting tokens, because the advantage of extraordinary service and the consequences of the set of rules trading have to see the rate growth or preserve it and get a consistent earnings tracking the effectiveness of the trading global.
SAFETY AND AUTOMATION
The deposit can be right away transformed into the United States dollar after the of completion of the sale of Token and transferred to the buying and selling account Derivatives, in which the bids could be accomplished. Holding derivatives aren't cozy. LUCRE Trading is 100% automated. A complete listing of user agents could be to be had on our internet site whilst buying and selling starts of evolved. During the take, a look at, additional exchanges might be delivered.
MARKETING AND PARTICIPANTS 'ATTITUDES
The LUCRE crew will make investments full-size effort and time in Tok Token marketing, targeted on members in the conventional financial region, by using generating records sheets, explanatory films and making plans files which can be clean to recognize. LUCRE will listen to its efforts on advertising and marketing completely in unregulated markets. No encouragement or invitation might be held in which participation is unlawful or is in all likelihood to be banned in the near destiny so that it will stay in compliance with nearby legislation.
ICO DETAILS
The LCR Tokens will be the utility token used on the LUCRE ecosystem. The LUCRE platform will be hosted on the Ethereum Blockchain Network and the LCR tokens will be ERC-20 compliant tokens.
- Symbol - LCR
- Soft cap - $ 2.0 million
- Hard cap - $ 7.0 million or 10 million LCR (whichever happens earlier)
- Maximum Token Supply - 12.5 million LCR (The total token supply is fixed)
- No. of Tokens Available for Sale - 10 million LCR (i.e. 80% of token supply)
- Payment Method - ETH
- Token Standard - ERC-20
Minimum Token Sale Contribution - 0.1 ETH
Conclusion
The Lucre algorithm is very effective and unique on its own but the success of an algorithm lucre depends on other features within the coin. If some way is found to keep longevity and effectiveness while still having great support behind an algorithm, then we could safely say that it would be the best algorithm choice, for an altcoin.
Roadmap
Team
Adviser
For further Information Visit the following sites:
Website: https://www.lucretoken.com/
*Whitepaper: https://www.lucretoken.com/docs/Lucre-WhitePaper_EN.pdf
*Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4959492
*Telegram: https://t.me/LucreToken
*Twitter: http://www.twitter.com/LucreToken
*Facebook: http://www.facebook.com/lucretoken
*Subscribe on YouTube: https://www.youtube.com/channel/UCtVIzNXdfTGYHUPV4eh8TEw
Author: Yusufuntop
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2176682
ETHERUM ADDRESS: 0xc619E93DD1039C5EC66A052ede79fD00c8Ef5D1d