19 Jun 2018

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FTEC Ico Review - Ecosystem of intelligent services and neural networks for conducting effective trading



Description

FTEC is an ecosystem of intelligent services and neural networks for conducting effective trading activities on cryptocurrency markets. The idea behind FTEC is very clear and simple: to create a holistic ecosystem that will contain all the necessary tools for users with any level of experience and knowledge in the field of cryptocurrencies. 

They already have currently run projects based on algorithms for automatic trading on cryptomarkets, they gave a great and valuable experience and therefore we moved on to fulfill more ambitious goals.



Basic Information


Token Name                              : FTEC
Token Symbol                           : FTEC
Acceptable currencies              : ETH, BTC, LTC, EUR, USD
Platform                                    : Ethereum
Number Of Token Sale             :100 000 000 MTC
Public Pre-sale Round              :1 July 1 – August 8 (40% bonus)
Restrictions                               : No restrictions
Whitepaper                               : Click Here For View Whitepaper
Website                                     : Click Here For Visit ICO Homepage

FTEC investment works to provide investment returns in line with the functionality of MSCI USA IMI Information Technology Index.

Through this, the platform gets to invest assets in the security market on behalf of the of the investors. It will automatically put investors in an ecosystem of like-minded individuals. The expertise of the FTEC team helps in the examination and analysis of various crypto trading features to help in the improvement of service delivery as well as influence investment choices. Furthermore, users gain from strategized trading decisions that help to yield better results. There are various user support features in place that will ensure a smooth platform activity as well as generate a positive relationship within the ecosystem.

Through conducting random competitor analysis, the platform gains the true marketplaces situation that’s set to place users on top of the competition. By using user behavior analysis tool, FTEC can provide users with customized services, while global price analyzers give them information about better trading days.

FTEC ecosystem tokens can be used to solve these problems.

The number of tokens is limited – this means that each marker holder can be sure that it can manage part of the tokens that it bought;
we will have the opportunity to form a specific queue of users, the user will be able to track his position in the ranking using the appropriate tool in the user’s account. The queue will be determined by the number of tokens on the user’s balance within the trading system.
By the way, users of FTEC token holders who have more than a certain number of tokens (the number is not yet certain) on the balance within the system will have a voice that can be used for project development.

At FTEC, the amount of issued tokens is constant. Thus, the possibility of additional token emission is liquidated. It means that every token holder can be sure that he can manage a part of tokens he bought.


And secondly, we will have an opportunity to form a certain queue of users because of uneven distribution of tokens between holders.

The module of Cryptocurrency Portfolios Management

An additional feature is the possibility to build several types of portfolios at the same time Is available for an Early supporter, Node holder, Full member.

Service of Trader’s Behavioral Analysis

The token is used as a mean of payment when using the module approximate price for using is 500 FTEC per an analysis An additional feature is advanced parameters of analysis for following groups: Early supporter, Node holder, Full member, Holder.

Anomalous Volume Dynamics Analyzer

An additional feature is a wider range of currencies for analysis. Is available for an Early supporter, Node holder, Full member. An additional feature is an access to early versions of developing and free testing. Is available for an Early supporter, Node holder, Full member, Holder.

The module of Price Notification

An additional feature is a higher number of currency scanners, available for following groups: Early supporter, Node holder, Holder. An additional feature is an access to early versions of developing and free testing. Is available for an Early supporter, Node holder, Full member, Holder, Member.

Trading Recommendations Platform

The token is used as a mean of payment for buying/selling recommendations (the price for recommendation is set by the author, the system charges fee An additional feature is that recommendations of following groups
are higher in the feed.

Problem

The key problem we faced in developing our first trading algorithms was order book limitation on exchanges. So if automatic module finds a situation when the user can get a profit on the market, it also needs to define a queue of people for whom purchase and sale will be made. As price is not a constant value and the price of further purchases increases after the purchase of the first user (because buying demand has risen), the next user will buy at a bigger price.

Solution

Firstly, amount of issued tokens is constant. Thus, the possibility of additional token emission is liquidated. It means that every token holder can be sure that he can manage a part of tokens he bought.
And secondly, we will have an opportunity to form a certain queue of users because of uneven distribution of tokens between holders. They can use ecosystem tokens to solve this problem.
  • The number of tokens is limited - this means that each marker holder can be sure that it can manage part of the tokens that it bought;
  • They will have the opportunity to form a specific queue of users, the user will be able to track his position in the ranking using the appropriate tool in the user's account. The queue will be determined by the number of tokens on the user's balance within the trading system.

Token Distribution

Multiven is distributing 5% of the Multicore tokens during the Public Pre-Sale period to reward early adopters and supporters of its project. Multiven’s ICO, where 1 Billion Multicoin tokens will be sold via a reverse auction, will start on the 1st of May 2019 (i.e. 3 months after the Multiven Open Marketplace goes live.





Project development strategies according to Pre-sale results:
SOFT CAP is not reached. We return investments to participants of Presale and develop the project independently
SOFT CAP is reached. HARDCAP is not reached We conduct an active advertising campaign, expand the staff, attract more attention to the main Token Sale stage
HARDCAP is reached. We observe a high level of interest in the platform, so spend the maximum amount of funds on buying huge datasets for quick improvement of our AI-based services, marketing, and development.
TOKEN DISTRIBUTION


Features For FTEC


Smart Trading Modules

Buiding priority matrix to conduct operations on a rotating basis. In the matrix, groups of users form the following queue: Node holder -> Early supporter -> Full member -> Holder -> Member. An additional feature is automatic buying when coming back to buying zone and maintaining conditions of purchase. Is available for an Early supporter, Node holder, Full member.

Adaptive Social Assistant

The token is used as a mean of payment when using the module. An additional feature is getting history with dictionary for manual backtesting. Is available for an Early supporter, Node holder, Holder.

The analyzer of the News Background

An additional feature is an access to early versions of developing and free testing.Is available for an Early supporter, Node holder, Full member, Holder, Member.

Exchange Order Management Module

The number of available simultaneously opened orders depends on the number of tokens on the balance.
The user can maintain 10 orders on different exchanges at the same.


Closing thoughts

Ftec provides an ecosystem of trading tools for both the experience and a new user. The platform certainly will help the user make huge returns even during a bear market. For a new trader, the platform will help nurture the trading skill. All in all, Ftec is a great project to help any trader to be successful. But Ftec faces a lot of competition as there are many ICOs launching to benefit crypto traders and thus Ftec will need to have a good exposure to be successful.

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