ICO project Spectre
ICO project Spectre (https://www.spectre.ai) is one of the most sensational and interesting projects on the market, which offers users the capabilities of a powerful tokenized trading platform without a broker. Spectre Platform looks like some kind of revolution, opposing the traditional trading system headed by a broker, dictating working conditions that are often disadvantageous to the trader.
This bold project of 2017 is now of interest to a large number of private investors and serious organizations. How will the financial markets of the future be structured? What is in store for brokers and classic trading? We too are asking these questions and the Spectre ICO project review is one of the successful projections to address this question. Let's talk about why potential investors should pay attention to this project.
ICO and Spectre
The project team is thinking about serious problems, the existence of which makes the functioning of the financial markets less efficient. We all often hear that some broker is a scammer, because he refuses to withdraw money and offers more and more schemes to cheat traders. All you have to do is to study the real traders' complaints about brokers. Brokerage companies make unprofitable conditions of work in the terminal and the size of commissions, trade against the trader and "live" at the expense of losses of their users.
All this prevents market players from quietly earning their money. As a result, about 70% traders lose their money working in the trading terminal at the broker. Such shocking figures were the starting point for the birth of a new unique ICO Project Spectre (or speculative tokenized trading exchange), which is intended to change the situation. This ICO campaign (Wikipedia) is focused on raising funds to develop the world's first multi-asset trading platform (binary optionas well as forex trading, securities, cryptocurrency etc.) without any involvement from brokers, it will operate on the basis of an innovative decentralized liquidity pool using blockchain smart contracts (Wikipedia) Ethereum. Let's talk more about Spectre's capabilities.
ICO project Spectre
ICO Spectre already at the preliminary stage of token implementation looked like a very bold and even revolutionary solution, which will invariably make adjustments in the work of all financial market participants. Therefore, the concept of the project deserves separate attention.
Spectre is trying to eliminate the problem of conflict of interest between the two sides of the market: traders and brokers. By acting as a counterparty to the system's transactions, the new exchange does not play against the trader and cannot take the opposite side during transactions. All transactions are confirmed by the blockchain and there is no human intervention, fraud or deception.
The real revolution in financial markets is that the blockchain-based Ethereum (site) The liquidity pool now belongs to token holders, the income will be paid instantly, bringing trading to a new level of transparency. Now the trader, if he came to the exchange to trade, will finally be able to trade immediately. Trading is done via smart contracts (Wikipedia), the results are not influenced by potentially interested parties, there are no unnecessary commissions and unnecessary transactions. In addition, there is no need to intentionally deposit money into the system and worry about "their further fate", the transactions involve personal Ethereum wallets.
The ICO token to be introduced in the project will be the first of its kind, offering an endless stream of dividends. The more trades are conducted in the system, the more dividends are paid to its participants, and the constant growth in the number of its users will lead to a steady increase in dividend profits. This model creates a more efficient and profitable environment for traders to earn money. More information about the project in White paper.
Benefits of the platform include:
- Full democratization of the trading process, honesty and transparency,
- Constantly growing income from the liquidity pool,
- Payments to system participants are regulated by smart contracts based on the Ethereum blockchain,
- All transactions in the system will occur instantly from the wallets, the exchange will not have access to the wallets and the capital of traders,
- All fees will be generated not from user losses, but from volumes (i.e., gains or losses) in Spectre.
The following innovations are also planned for the fully democratized market:
- Unique tokenized balance model, thanks to which traders can trade around the clock. The pool will pay 2% dividends to dividend-token holders and 2% to the project team (for system maintenance) when participants make transactions.
- Innovative adaptive platformequipped (unlike our standard Metatrader 5 trading platforms (site), Spot Option (site), etc.) algorithms to protect the trader's actions that will make trading effective. Studying the trader's weaknesses, the system will warn him about future mistakes, offer opportunities to manage risks, track statistics.
The project offers participants the opportunity to immediately 2 types of tokens:
Dividend tokensThe system will pay a permanent dividend of 2% to its holders, as well as so-called special dividends, which are planned to be paid to the system participants at the end of the year in cases when the Spectre liquidity pool grows to a predetermined level.
General purpose tokens (or even more), to the holders of which the system will offer a number of privileges within the platform, which will also lead to an increase in the capital of their owners:
- A much larger payout (from 1 to 5%),
- Transactions will be completed using smart contracts,
- The investor will be able to use all the assets of the system, not a limited portion of them,
- The whole list of indicators is available for work, including exotic tools (e.g. knock-in- knock-out, ladders, barriers, etc.),
- The investor will be able to take advantage of the Financial Academy,
- The ico token redemption program is active: such investors will be able to buy project tokens for their further implementation.
Tokens will be sent to users immediately after purchase, but will only become available for operation after token sales are completed. Upon completion of the ICO, both project tokens will be added to the cryptocurrency exchanges.
In the course of work on the ico project will be resolved security issues of the platform, its protection from hacking and information leakage. The serious intentions of the project are evidenced by the fact that it is planned to obtain a license from the FCA regulator (site) or another EU MIFID jurisdiction (site), it is an additional trust on the part of the user. The trader of the future will definitely work reliably here.
Thus, Spectre is not a classic exchange model, as the counterparty to the transactions is a pool of liquidity. Now it is possible to work in the financial markets without any restrictions, any workouts and long waits for withdrawal of funds, everything is simple, convenient, profitable and safe. The project rejects the traditional brokerage model, transferring full power over the cryptocurrency trading process (is cryptocurrency a scam? here) and traditional assets to ordinary traders working on a live platform. These are the new ingredients for trading success and it will be interesting to watch the project and the excitement around it. You can get acquainted with the test version of the platform today on the official website of the project, it has been available since September 2017, with connections to the Ethereum interactive system planned for early 2018.
Separately, it is also worth noting the fairly strong project teamThe team was comprised of business professionals with impressive banking and trading experience at serious institutions (e.g., Goldman Sachs (site), J.P. Morgan (site), Deutsche Bank (site), they are, in addition, experts and already veterans of cryptography and blockchain development technologies. The employees have successful experience not only in launching, but also in developing technology companies.
What are the benefits of participating in the Spectre ICO project
- Invest in this ico project can any network user who is looking for opportunities for profitable investments (hereinafter - the investor).
- By buying tokens, an investor invests in the creation of a serious company with an innovative idea.
- Even today, the ico project looks promising, so it is planned to increase the price of its tokens on cryptocurrency exchangesis an opportunity to get a decent income from the sale of tokens at bargain prices (how to make money on cryptocurrency? read here).
- By supporting the project, the investor becomes part of a revolutionary trading platform with unique functionality and opportunities for trade (decentralization of the exchange, the complete democratization of trade, the absence of a broker, the possibility of cryptocurrency trading and other assets).
- The project works in such a way that it provides a constant flow of income. The more users in the system, the more dividends await investors.
- The project offers investors two types of tokens at once, which provide even more opportunities for income growth, including a number of benefits that await owners of general purpose tokens.
How do I participate in the United Traders ICO project?
In order to become an investor of a promising ico project and buy tokens, you only need to transfer Ethereum to a special ETH address, it is specified on the project website at the start of the ICO. It is also reported that in the case of DDoS attacks (Wikipedia), the address will be published on the project's official Medium channel (site). If you see the ETH address on Telegram resources (site), Facebook (site), Reddit (site), Twitter (site), Slack (site), etc., you should not trust this information.
You can send Ethereum using the following applications:
How to test the Alpha-version of the platform?
Since September 2017, any user interested in the functionality of the innovative platform can test its trial version for free. It is available on official website of the project and in order to explore its possibilities, it is necessary to register in the ico project on the company's website:
Specify the necessary data in the special window. Next, confirm your email by clicking on the link in the email that will come to you:
You can now log in to the system:
After that you will get to the page with the trading platform and can explore its advanced features, try trading, ask questions to users or the team of platform developers in a special chat room:
Before you start trading, you can set up a personal account and other parameters of the system:
Token name: SPEC (ERC20).
Number of tokens for the ICO: 120 million.
Stages of token implementation:
Payment methods: Ethereum (ETH).
To convert other cryptocurrencies to ETH, you can use ShapeShift (site).
Unsold ico tokens will be burned.
List cryptocurrencieswhere the token will appear: the list will be published after the tokens are sold.