Hello my dear readers ,
Now I am going to introduce you the project called CoTrader. It offers you an overview of a very promising and having all the changes to bring a quick profit project.
What is CoTrader?
It's a decentralize fund management, they present a market place for Investors, Cryptos and ICO's ("It's like a big supermarket")that they can invest the same way automatically, they are the world’s first Crypto ICO Exchange and will be the financial platform of the future which is available now, CoTrader aims to become the world’s largest investment funds and trading marketplace, CoTrader’s MVP already supports cryptos and ICO futures it will support all tradable assets .
The Idea
The idea of CoTrader is to make crypto investment management available to the masses. Some of us spend hours learning and analyzing projects but considering the fact that there are dozens of ICOs emerging every day, it is virtually impossible to examine all of them and there is high chance that you might miss the next big project easily. Moreover, most of us do not have enough expertise to scrutinize all aspects of a project. Yet there are people who do, and CoTrader's unique proposition is to allow platform users delegate the authority to such people to manage their funds and make money for them. In return, these managers will receive a fee for their expertise. The blockchain will provide complete transparency and accountability, making sure that your fund manager doesn’t get away with your crypto assets.
So now let’s discuss about this fund managers.
Fund Managers
Anyone is able to become a fund manager using the Cotrader registry smart contract. The only fee to do so is a minimal one-time gas fee for the transaction. For example, if a fund makes a profit of 2000 COT for his investors and has set a 20% incentive fee, the incentive fee will be 2000 * 20% = 400 COT. Of this 20% fee, 16% will go to the fund manager and 4% to the CoTrader platform. So the fund manager will earn 320 COT and CoTrader will receive 80 COT.
Smart Fund
Smart funds make up the core of the Cotrader platform. A smart fund is an Ethereum smart contract that has a fund manager, investors, and shares that can be traded. Each investor that invests in the fund is awarded a certain number of shares representing his total ownership of the fund. The fund manager is able to trade the assets invested into the fund with the aim of making himself and his investors a profit. The fund manager receives a incentive fee for any profits he makes his investors. Investors remain in control of their investments and have Cotrader ability to deposit and withdraw their money at will. Smart funds implement the ERC20 token interface which means smart fund shares can be traded on exchanges in the same way as any other ERC20 token.
How It Works?
CoTraders can invest together with the best proven fund managers. Unlike competing platforms, CoTraders investment funds can be managed without ever sending the funds to anyone. Fund managers' fees and performance history are transparent and proven on the blockchain, Fund managers who trade the fund assets on decentralized exchanges (DEXs). Successful fund managers receive a percentage of the profits they have made for their investors. Investors remain in control of their money and are able to deposit and withdraw from any fund at any time, They Copy the crypto & ICO investment s of the Top traders to get the same gains that they do without even necessary knowing what they are trading .Unlike competing platforms, CoTraders investment funds can be managed without ever sending the funds to anyone. Fund managers' fees and performance history are transparent and proven on the blockchain, Fund managers who trade the fund assets on decentralized exchanges (DEXs). Successful fund managers receive a percentage of the profits they have made for their investors. Investors remain in control of their money and are able to deposit and withdraw from any fund at any time, They Copy the crypto & ICO investment s of the Top traders to get the same gains that they do without even necessary knowing what they are trading .
Fund Creation:Anyone can create a smart fund on the CoTrader platform and deposit tokens into the fund. The creator can choose a name for the fund as well as set his incentive fee which is the percentage of profits he will earn.
Investing:Each smart fund consists of shares representing the percentage ownership of each member of the fund. When an investor invests in a smart fund, new shares are minted to represent his holding of the fund based on the total amount he invested and the current value of the fund’s holdings.
CoTrader tokens and ICO.
CoTrader Token (COT) is an Ethereum based token that can be stored in any electronic wallet supporting ERC20 tokens.
• Ticker name: COT
• Token standard: ERC20
• Total Cap: 100 Billion
• Hard Cap: $10M or 20B (20%) of tokens
• Main sale price: 1 ETH = 700,000 COT
• Public pre sale: July 1
• Public main sale: August 1
What is exactly special for CoTrader?
There is no other platform that has your privacy and security at heart. In technical terms: CoTrader's patent-pending technology involves a custom zk-SNARKs protocol that extends privacy-preserving co-trading to cross-blockchain decentralized exchange mechanisms.
Because of CoTrader’s powerful network effects, loyalty rewards, real working demonstrated MVP, and first-mover-advantage with the solution to a widespread problem, it’s positioned to be a dominant protocol and novel ledger technology upon which all decentralized trading dApps could offer private trading and cotrading. Therefore join with me for more information about this mind attracting project again.
With CoTrader, when top-traders win, we all win!
So join as-soon-as-possible.
So I welcome you all, to visit the following links to get more information about the project and I have 100% confidence that this will be a very good project to make your investment to gain a considerable amount of gain for the investment.
Keep in Touch guys and Girls.
Thank you
Channa Jayawickrama
Don't forget to follow these social media profiles to get the latest news about the project.
Official Website: https://cotrader.com/
Whitepaper : https://cotrader.com/cotrader-whitepaper-en.pdf
Official Telegram Group Chat : https://t.me/cotrader
Twitter : https://twitter.com/cotrader_com
Facebook: https://www.facebook.com/cotrader
Author Details:
- Name : Channa Jayawickrama
- My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2257529