Investing made easy with a new ICO

Despite growing popularity, many cryptocurrency investors lose money this is due to current bear market and investment on cryptocurrencies coins or token that does not have a practical use for investing money. Most investor buys Initial coin offering hoping for the “speculative value” of token or currencies they bought to rise even that cryptocurrency is no real-world usage. Even a cryptocurrency or token have usage profitability of a particular crypto coin or token is still questionable, being successful on launching new blockchain or new crypto project is not a guarantee that investor who bought the crypto-coin or token will get a profit. Most of the cryptocurrencies investor is getting profit from a speculative value of a coin not back up by anything this increase the risk of investment, not back up by any asset means the coin or token don’t have real intrinsic value and only given value when there is a news or hype for the project. No practical usage of a coin or token gives investor worries it also decreases new investor to come. Because of this issues, new asset back cryptocurrencies were launch, asset back tokens or coins have the advantage of having a value without a need for a good speculation, not design as a currency means users are buying because of the potential future value it will bring. An asset back tokens will encourage new investor and increase the holding or hoarding of coin or token. Unlike other coin or token which relies on speculation or news, even without a hype or news asset back token can increase value depending on the increased price of the asset.

Knowing the problem associated with cryptocurrency investing I found an ICO that has a simple solution to the problem introducing Cycoin the solution for easy access to cryptocurrency investing. Cycoin is an ERC20token from Ethereum network or blockchain the token will be used as payments for the services on the platform, unlike other tokens or coin Cycoin is backed by investment on cryptocurrency simple but useful token which will give its intrinsic value as a token. Cycoin will focus on realistic investment in the cryptocurrency market such as funds for margin lending/trading, arbitrage and selected ICO. As per roadmap, Cycoin will focus on margin lending first, for someone who does not know what margin is lending it’s a way for the borrower or a trader to use funds from a lender if won a good trader will get more profit from its trade as long as it does a good trade. Some example of margin trading is these let's say a one to one ratio when you have worth five thousand in your margin account the borrower who will do a margin trading can borrow five thousand if that trader gains hundred percent he will get twenty thousand on his margin account minus the interest from the lender. Margin trading is one of the easiest ways a lender or a broker can earn a profit in case of a bad trade the lender will have all the rights to get the fund from the margin account if the borrower did not add more fund on the margin account. Cycoin will implement automatic liquidation of margin traders fund before it losses the borrowed money, this way it ensures sure profit for Cycoin funds. Another way Cycoin will help investor is thru arbitrage trading, arbitrage is a way to gain profit from buying from an exchange with lower price and selling it to same exchange but a different pair or different exchange for a higher price. An example for arbitrage trade is this when a trader buys Ethereum from Bittrex for ninety USD and sell it from Binance for one hundred USD, this happens because not all exchanges are connected from each other that’s why when the price difference is high from different exchanges it equalize latter on because of arbitrage traders, they buy and sell until there is no more room for profit. Cycoin will develop signals for accurate and fast detection of arbitrage opportunities. Cycoin also will invest in Pre ICO and ICO opportunities, Cycoin will assess good ICO with a realistic goal and profitable. Cycoin has access to professional ICO assessment networks such as Smih&Crown analysis services, ICOBench and many more, the profit will be distributed to either Bitcoin or ether.

Democratize voting:
Even it’s a centralized voting the coin holder will have the power of voting in some decision on Cycoin investment. More coins are equaled more voting power, all votes are processed on smart contracts for transparency, trustworthy and accurate. This voting will give an investor a way to control their investment and felling of being accountable for the investment. Voting is not mandatory but the coin holders will be informed in their Cycoin wallet for the voting date and topic. The announcement of the vote will be announced also in social media channels and Cycoin website, the result will be also announced in social media channel and website.
Income distribution:
Cycoin holders will get some income holding Cycoin but holders must use Cycoin wallet. Cycoin wallet supports multiple currencies such as BTC, ETH, and CCY. According to the whitepaper the income will be only given when the wallet is online and synchronize.
Team members:
The team members of Cycoin is composed of individuals needed for the success of the project it’s CEO Marco Kovac have 26 years in fundraising and fund management includes investment management which is what the core of Cycoin is all about fund investing. They also have Kevin Morgan the Chief Operating Officer (COO) of Global Study Partners, Kevin Morgan also have fifteen years of experience in financial services and wealth management.
Conclusion:
Cycoin is one of the kind ICO that mainly focus on investment and profit for the investor. The token is back with investment asset. To be honest this is one of the unique ICO I have ever seen this year which most of the ICO is focussing on building a platform on which the success depends on the demand of the platform while Cycoin is focused on investment which the success does not only depend on demand but on the success of the investment.
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Author:
gawer33
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