First Trading Ecosystem (FTEC)

in #money6 years ago

Hi dears, another interesting project is being started. First of all, for who missed the previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.

All this racket of cryptocurrency has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology.

The blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc. An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

smartcontract.png

After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc.

As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For example, there are various services, bots, signals, academies, neural networks and other products for successful trading. The question is, where do you find a place that combines all these tools? First Trading Ecosystem could be your answer!

For this reason, I want to introduce you First Trading Ecosystem, an ecosystem of smart services and neural networks for conducting effective trading activities on cryptocurrency markets.


First trading Ecosystem (FTEC) (https://ftec.io/) is a platform of intelligent services and neural networks for the practice of effective trading activities in the crypto-currency market. FTEC is a project that aims to combine all trading intelligence services and neural networks in a single ecosystem. The basic idea is to create a holistic ecosystem that contains all the necessary tools based on AI and Neural Networks for users with any level of experience and knowledge in the field of cryptocurrencies.

The main objective of FTEC is to create a comprehensive and complete product that will raise the general level of professionalism of crypto enthusiasts. Basically, they aim to reduce the number of non-professional traders with the idea of creating a holistic ecosystem, which includes the necessary tools for users of any level of experience and knowledge in the cryptomarket sector.

In order to simplify the work of users unfamiliar with cryptocurrency, the FTEC team opted to develop an automated survey module that would facilitate the effective, explicit and detailed selection of the optimal customised mode of operation with the elements of the ecosystem.
The main module has a limited list of questions of different difficulty, where the subsequent question is selected, being conditioned by the user's previous answer.
Once the survey is completed, all the user responses are collected for analysis by the neural network, from which a list is established with the recommended settings for each type of user.
The user can also decide to review the list, accept the recommendations and automatically configure them for his or her account, or reject the proposal and leave the settings in manual mode.
If the user does not have time to complete this questionnaire at the time of creating the account, he/she will still be able to complete it at a future time.

FTEC's biggest benefit is its operating product Coinbot.club, characterised by partially open source code, a comprehensive approach, absolute transparency and accountability, and support for the most popular kryptonite exchanges, as well as a free demo mode for testing trading robots. Beyond that, they have an explicit development strategy based on the results of the next token sale. Thus, Coinbot is a robot rental service for automatic trading in kryptonite exchanges.
In addition, the ecosystem offers a huge range of solutions:

  • Increase operational efficiency through smart contracts
  • By using neural networks, another benefit is to save time
  • To study the specificities of the commercialization of cryptomaterials
  • Improve current operational strategies
  • Minimize the risks of marketing activity
  • Receive the latest trends in the field
  • Closed Beta Test for all developed modules.



Airdrop
The project gives the opportunity to earn FTEC tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Platform. Here (https://bitcointalk.org/index.php?topic=3168899.0) you can access the link in order to see what are the conditions to become an early FTEC contributor and start acquiring tokens.

Bounty Distribution
token.png

Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://ftec.io/es/whitepaper). You can also stay tuned in their official Telegram group (https://t.me/FTECofficial). I hope you liked the post and soon I'll send you new ones.



Roadmap

DateEvents
July 2017Ideology, teambuilding, setting a technical task, architecture development for coinbot.club database.
August 2017Template design development, signal subscription mode, 2FA connection.
September 2017Development of candlestick classifier, Orderbook analyzer.
October 2017Creating a new logo, redesign.
November 2017Creating a coinbot.club blog, algorithms for intelligent trading modules.
December 2017Decision tree architecture, Bittrex API connection, Poloniex, automatic API checking, affiliate program development.
January 2018Connecting the Binance API, Kraken, a support department was created.
February 2018Updating the payment system, fixing bugs.
March 2018Landing creation, White Paper, preparation of documentation.
April 2018Pre-sale, interview-sessions, advertising campaign.
Report.
May 2018Token Sale, full-fledged development. Report.
June 2018Summing up, connecting the API of new exchanges, creating Telegram Assistant, Adaptive Social Assistant, Arbitrage Assistant, Telegram Assistant, staff expanding.
Report.
July 2018Mobile App, Service of Trader's Behavioral Analysis, statistics collection. Report.
August 2018Exchange Order Management Module, interaction testing with other modules, Price Notification Module.
Report.
September 2018Development 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 2018Anomalous Volume Dynamics Analyzer. Report.
November 2018Roadmap update, Cryptoacademy, Global Price Analyzer.
Report.
December 2018Module for Cryptocurrency Portfolios Management.
Report.
January 2019Desktop App.
Report.
February 2019Global testing, RoadMap update.
Report.
March 2019Trading Recommendation Platform.
Report.



Token details
Token: FTEC
Platform: Ethereum
Type: ERC-20
PreICO price: 1 ETH = 39,900 FTEC
Price in ICO: 1 ETH = 35,270 FTEC
Tokens for sale: 848,640,000




Author Details

Email: [email protected]

Telegram username: @clauming

Bitcointalk username: adriaparcerisas

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71

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