CoTrader – World’s First Blockchain Investment Funds Marketplace
Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
As more technological advancements are uncovered, Cotrader whose aim is to become the world’s largest investment funds and trading marketplace came on board.
CoTrader will create a decentralised infrastructure for investment of funds. By using smart contracts, it hopes to safeguard the interests of both investors and fund managers and enable a more reliable form of investment in both cryptocurrencies and other forms of assets. CoTrader’s platform will be accessible through a website or a mobile app. For a one-time gas fee, anyone will be able to become a fund manager by setting up an investment fund powered by smart contracts, setting a name and a performance fee tied to a percentage of the overall profits. The greater part of the performance fee will go to the manager, while the rest will go to the platform. Investing in a particular fund will be done by acquiring shares with COT tokens. It is expected that the manager will invest in the fund and start trading with that sum at first, while others would be able to jump in at any point. With the help of smart contracts, the manager will be able to share the fund’s ROI while hiding or revealing the strategies used at their own discretion. Investors will be able to deposit or withdraw COT at will, with the fund minting or burning new shares respectively. The performance fee will be subtracted from the amount withdrawn. Since the shares themselves are going to be tokenised, it will also be possible to transfer them seamlessly to other wallets.
Trading will be done in a number of different ways. The default option may be said to be trading on specially vetted and integrated decentralised exchanges (DEXes), which will also be used to determine the value of a fund based on the current market price of all the tokens that it holds. New DEXes will be made available over time, each addition being implemented with a 30 day grace period before any trades can be made on them. Smart funds will be able to trade in Ethereum and all ERC20-based cryptocurrencies from the start, but eventually CoTrader hopes to cover all sorts of assets, including stock options and derivatives. It will facilitate trading on trusted centralised exchanges by means of a smart escrow system. Any sort of assets could be given token representations on a master account, making it possible to track them. Money set aside for trading will be released from escrow once the purchased assets are transferred to the fund. There will also be a form of investment fund that will focus exclusively on ICOs and be eligible for group discounts, streamlining investment.
FIND BELOW A VIDEO PRESENTATION ON CoTrader
BENEFITS OF CoTrader PLATFORM
Users can easily transfer crypto assets to a friend without a middleman or have to trust anyone along the way.
Significant security advantage is guaranteed for all users.
Users have the ability to withdraw their portions of a smart fund at any time with no one else having the ability to do so.
It provides trade secrecy for fund managers.
It gives users insights to all available data for the funds they are interested in purchasing shares in.
The platform supports not just cryptos, but also ICOs, stocks, shorts, derivatives and more, as it tokenizes entire exchanges.
With CoTrader platform, one can typically earn 4% of investment gains or 20% from every 20% of traders’ typical performance fee (20%), and small fees such as 0.1% per trades on the CoTrader Decentralized Exchange and Smart Escrow Exchange for all assets. This Smart Escrow gives traders the advantages that come with a centralized exchange such as liquidity and variety with the safety and transparency of a decentralized exchange.
COT Platform: Ethereum
Token standard: ERC20
Number of tokens released: 100,000,000,000 COT
Price per token: 1 ETH = 1,000,000 COT
Payment: ETH, BTC, LTC, BCH
Hard cap: 10,000,000 USD
ROADMAP AND DEVELOPMENTAL PLAN
July 2017 — MVP. Registered preliminary patents
November 2017 — Development of MVP and new concepts. Submission of application for preliminary patents
March 2018 — MVP Demonstration
June 2018 — ICO, MVP testing August 2018 — The end of the sale. MVP on the network
October 2018 — Expansion of ICO trading instruments
THE AMAZING TEAM AND ADVISORS
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711