Lucre Project - Algorithmic trading Platform on a Blockchain Network
LUCRE is the exclusive automatic trading system for Cryptocurrencies, created to surpass the strategy of using Cryptocurrencies. It was developed by a team with 8-year experience of algorithmic trading. Holding a crypto currency was not the best way to increase your wealth recently. The LUCRE algorithm was based on a non-HODL philosophy; Deal! allowing you to trade in both directions long and short. The great attractiveness of this project is the ability to generate revenues in all market conditions, buy and sell with every perceived opportunity. Even when the market goes to the south, the algorithm tries to make a profit by short-circuiting it.
Lucre Trading Algo will work on the trading platform Metatrader. Participants in the sale of tokens will receive a LCR token that will monitor Algo's performance. The price will be updated regularly to accurately reflect the value of Crypto's major assets traded by Algo. A participant can trade on exchanges that will list the LCR token.
The means of selling the token will be used for two main purposes:
Complete the development of LUCRE Trading Algo (full testing, adding various cryptograms, optimizing performance, and implementing automatic trading with various Crypto broker APIs when they are available and stable).
Use 40% of Token's sales funds to trade Cryptocurrencies with brokers and share profits with participants in the sale of Token. A small shoulder will be used a maximum of 3 times. Trade will be carried out in both directions for a long time and in a short time, depending on the direction of the market, discovered by LUCRE Algo. Each order has a predefined soft and hard stop loss and profit from the profit.
To HODL or not to HODL - the age-old question, crypto-fied. HODL may have come up as a mistaken spelling of “Hold” but it was quickly embraced by the crypto community and, like many other things in the crypto world, took on a life of its own. From humorous beginnings to classic internet memes, HODL has swung back and forth in debates. Should you HODL crypto or should you trade it? In other words, should you keep your crypto as a long-term asset or you advantage of volatility in both directions?
Don’t HODL; Trade! Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE has been building a trading algorithm (Algo) which tries to outperform the performance of just HODLing the Cryptocurrencies. The trading is done both ways long and short. Even when the market is going south the Algo attempts to make profit by shorting it.
LUCRE Token’s value is not based on speculation but rather the product benefits and net asset value backed by the performance of an algorithmic Cryptocurrency trading with real funds. LUCRE’s utility token is called LCR. It can be traded at any time, holdings are fully transparent.
LUCRE trading system is developed by a team with 8 years of algorithmic trading experience. The trading strategy utilizes complex quantitative models and algorithms.
LCR is a utility token which initially can only be acquired during the Token sale event which is a one off, closed cap offering. A 40% of the total crowdsale is allocated to the trading pool, and then awarded proportionally to the Token sale participants. 75% of profit generated by the algorithm will be distributed to the Token sale participants. During the time the Trading Pool has losses, participants simply receive no compensation. Profits will be paid as a quarterly fee in ETH to the participant’s assigned wallet. The other 25% will be reinvested in the Trading Pool to increase the fund capital, and consequently increase the next benefits that are generated.
LCR tokens provide premium membership and limited access passes. Once you have these tokens, you are able to earn money combining several options.
LCR is an ERC20 token based upon the Ethereum blockchain. Operating on the blockchain allows for global accessibility, 24/7 trading, transparency, public verification of LUCRE’s trading performance. The tokens value is linked directly to the underlying cryptocurrency trading performance.
A public Token sale event will be held from the 15th of Oct to the 11th of Dec 2018. LUCRE will use the Token sale contributions to trade Crypto currencies starting Q2 2019 and the coin is expected to be listed on exchange in Q2 2019.
The minimum raised money is $2 million USD and if this is not achieved all contributed funds will be returned.
About the project
A project that seeks to solve all the above problems is called - LUCRE. This project is a high-tech automated system, which is equipped with various algorithms that allow automatic trading. These algorithms are derived from the cryptocurrency market (BTC) and Fiat (USD) statistics collected over the past five years. This approach will allow you to identify and establish various trading rules that LUCRE automates and will start working on its platform, which will allow all its investors to make a profit, based on some specific trading.
In simple words, LUCRE's algorithms will search for all sorts of strategies based on buying and selling coins, and will also allow you to create both protective stop-losses and trailing stops. Thanks to which the participants of this ecosystem will be able to fix their profits in time.
Advantages
Why the use of such a platform can be a favorable system of interaction for any trader?
first, you are not always in contact with the market to quickly make a particular maneuver on its movement;
secondly, fear and weak analytical skills increase your share of doubt about your future actions. And this leads not only to the loss of time, but also the possible loss of the expected profit;
and third, a small speed of transactions. Not every trader can boast of quick maneuvers within the fast-changing market.
That is why LUCRE will be glad to offer us its services:
which minimizToken
Lucre will have his own token named LCR, it will be ERC20 type and it will worck on ethereum platform.
PreICO price: 1 LCR = 0.77 USD
Price in ICO: 1 LCR = 1 USD
BONUS
Pre-sale (30 days): $0.77 (30% Bonus)
Week 1 of Main Token Sale: $0.83 (20% Bonus)
Week 2 of Main Token Sale: $0.87 (15% Bonus)
Week 3 of Main Token Sale: $0.91 (10% Bonus)
Week 4 of Main Token Sale: $1.00 (No Bonus)
Tokens for sale: 10,000,000e the expression of any human emotion that we often miss our chance. After all, all processes are automated and they are essentially engaged in a computer that does not experience any human emotions;
on the use of backtests, which were revealed thanks to the in-depth analytical analysis of the cryptocurrency market;
on compliance with discipline, which is very important, since its presence allows you to make transactions even at the time of an unstable market;
with which you will automatically adhere to your chosen strategy. This point is a lot of important, as probably every trader at least once, but went from his intended path because of the extreme situations in the market and to the detriment of himself did not make the right conclusions;
round the clock trade. Agree that physically a person is not able to trade 24/7 on incoming signals,but the robot can and this is its most important advantage.
Token
Lucre will have his own token named LCR, it will be ERC20 type and it will worck on ethereum platform.
PreICO price: 1 LCR = 0.77 USD
Price in ICO: 1 LCR = 1 USD
BONUS
Pre-sale (30 days): $0.77 (30% Bonus)
Week 1 of Main Token Sale: $0.83 (20% Bonus)
Week 2 of Main Token Sale: $0.87 (15% Bonus)
Week 3 of Main Token Sale: $0.91 (10% Bonus)
Week 4 of Main Token Sale: $1.00 (No Bonus)
Tokens for sale: 10,000,000
Investment info
Min. investment: 0.1 ETH
Accepting: ETH
Distributed in ICO: 80%
Soft cap: 2,000,000 USD
Hard cap: 7,000,000 USD
Team
Advisory
LINK :
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
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