LUCRE:REVIEW OF THE ICO

in #cryptocurrency6 years ago (edited)

INTRODUCTION
LUCRE LOGO4.png
If you’re a cryptocurrency trader looking for an edge you may have heard about algorithmic trading. If you’re a relatively new trader, you may have dismissed the idea as being too complex. Here’s the good news: You don’t need to be an advanced or even moderately experienced cryptocurrency trader to develop algorithmic trading strategies. Thanks to the introduction of powerful, yet simple to deploy bots, beginning traders have access to the advantages offered by an algorithmic approach.
LUCRE is an exclusive automated trading platform for users of Cryptocurrency, which was created to outperform the strategy by simply holding Cryptocurrency.

Lucre was developed with great teams with 8 years of experience in algorithmic trading. The LUCRE algorithm is built on the existing philosophy.
Allows trade in two ways in the long term and short term.

The great attraction of this project is the ability to generate income in all current market conditions, buying and selling at every opportunity felt by every user of Cryptocurrency.

Lucre also has a trading system using the Algo Trading method, which in this system will run on the existing Metatrader trading platform.
thus the token obtained by the sales participant will get an LCR token that will track Algo's performance. Each price will be updated regularly to accurately reflect the value of the underlying Crypto assets traded by Algo. A participant can trade on the exchange that will register an LCR token. This LCR token will only be sold during pre-sales and Token sales main events. No further tokens will be printed again after the Token sale is completed. So you who have had it feel proud of the token. which means this LCR token is Limited Edition.

The smart contract complies with the ERC20 standard token and can be used from any compatible Ethereum wallet owned by participants participating in the participation. Participants must remember that there is a risk of losing if they send Ether from an exchange or sell it on the platform they have used. Exchange does not offer the ability to interact with crowd sales in general. The wallet must be made outside of any exchange and Ether must be sent from the wallet to a crowdsale contract.

For each participant who wants to join the participants, they must first register for the LUCRE Token and get a whitelist (KYC / AML). After receiving the confirmation whitelist, participants then send funds (ETH) to the public address of the Token sales event. After receiving the funds, and after all the procedures that have been carried out, the LUCRE smart contract will automatically send the LCR Token to the sender's wallet/participant who has fulfilled the requirements. A portion of this fund is sent to the company's reserve fund wallet; At the end of the Token sale event, 40% of the funds received at the ETH were disbanded and transferred to the LUCRE Derivatives Trading account where trading was carried out by LUCRE Algo. Trading accounts are also related to third-party systems where Algo performance can be verified 24X7.

For each trade carried out by LUCRE Algo, a signal will be sent to each participant who has contributed more than 1ETH during the Token sale. These signals can be used on the Metatrader terminal offered by crypto broker CFDs and in the future it will be available for crypto exchanges which also makes you no longer need to be confused about.
TOXENE PROFITABILITY
Based on the 8-year experience in Algorithmic Forex Trading, we saw that interest can increase if the algorithm works well and more participants are involved in the project.

LUCRE is an exclusive platform because participants with access to algorithmic signals and autor outing are limited, and this exclusivity is controlled by the number of tokens. If you want to receive signals or use Autotrading, and you did not participate in the Token sale event, you will need to buy tokens from the original participants.

The trading algorithm will take long and short positions and bet on both bearish and bear markets, thus diversifying and optimizing the performance of the portfolio. As a participant in the sale of tokens, you can decide to earn money by selling tokens, since the advantage of exclusive service and the results of the algorithm trading should see the price increase or hold it and get a constant profit tracking the effectiveness of the trading world.

SAFETY AND AUTOMATION

The deposit will be immediately converted into the US dollar after the completion of the sale of Token and transferred to the trading account Derivatives, where the bids will be executed. Holding derivatives are not secure. LUCRE Trading is 100% automated. A full list of used brokers will be available on our website when trading begins. During the check, additional exchanges will be added.

MARKETING AND PARTICIPANTS 'ATTITUDES

The LUCRE team will invest significant time and effort in Tok Token marketing, focused on participants in the traditional financial sector, by producing information sheets, explanatory videos and planning documents that are easy to understand. LUCRE will concentrate its efforts on marketing exclusively in unregulated markets. No encouragement or invitation will be held where participation is prohibited or is likely to be banned in the near future in order to remain in compliance with local legislation.
ISSUANCE & TOKEN STRUCTURE
lucre distribution.png
• Total Token supply: 12 500 000 LCR
• Available for Purchase: 10 000 000 LCR
• Token Type: ERC20, Ethereum Blockchain
• Minimum Raise: $ 2 000 000
• Maximum Raise: $ 7 000 000
• 80% of the tokens was allocated to the participants (10 000 000 LCR)
• 14% for developers and company reserves (1 750 000 LCR)
• 3% for rewarding advisors (375 000 LCR)
• 3% is used on Bounty program and marketing (375 000 LCR)
Token Pre Sale Period: 15th Oct 2018 (30 days).
Token Main Sale Period: 14th Nov 2018 (4 weeks).
TEAM
Lucre Team.jpg
ADVISER
Lucre Advisory Board.jpg
For further Information visit the following sites:
Website: https://www.lucretoken.com/
*Whitepaper: https://www.lucretoken.com/docs/Lucre-WhitePaper_EN.pdf
*Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4959492
*Telegram: https://t.me/LucreToken
*Twitter: http://www.twitter.com/LucreToken
*Facebook: http://www.facebook.com/lucretoken
*Subscribe on YouTube: https://www.youtube.com/channel/UCtVIzNXdfTGYHUPV4eh8TEw
Author: Yusufuntop
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2176682
ETHERUM ADDRESS: 0xc619E93DD1039C5EC66A052ede79fD00c8Ef5D1d

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