What is the FTEC ecosystem. FTEC is an ecosystem of intelligent services and neural networks for conducting effective trading activity in the crypto-currency markets.
The mission of the project is to reduce the number of unprofessional traders and turn novices who do not possess any skills into high-level traders by creating an integrated ecosystem that will contain all the necessary tools for users of any training, experience and knowledge in the field of the crypto industry.
The FTEC ecosystem offers a set of solutions to this problem, it consists of 15 selective solution algorithms. Here are some of them:
- Increase the effectiveness of sales (using intelligent trading systems);
- Time-saving (using neuronetworks to filter information flows);
- Studying the peculiarities of trade in crypto currency (using automated crypto-academy and database);
- Improvement of trading strategies (using an intellectual system to analyze the trading history);
- Minimizing the risks of trading activities (with the help of prompts to automatically find the most profitable offers on the market);
- Getting the latest trends in the industry (using a smart service for analyzing social networks and web search data) and much more.
The idea of building such an ecosystem was born due to the vast experience in the development of crypto-currency projects and the provision of trade services. Almost a third of the FTEC team are high-class traders and experts in their field who wanted to solve the first and very important task of automating the trading process. And they succeeded. the problem was solved gradually, from simple to complex. At the initial stage, the simplest task was set and solved: automation of the buying / selling process according to certain technical criteria. A bot written under such a trade began to bring good profits to its creators
Next, the developers decided to improve their creation by adding the function of analyzing social networks (namely Twitter). Thus, we managed to improve the efficiency of the trading platform by analyzing the impact of messages containing words such as listing, partnership, update, hard.
The question arises, why does the project need its own crypto currency?
The problem that the whole trader is facing is when there is no way to buy / sell one or the other token or coin at an actual price. The very essence of the problem is this: if the automatic module finds a situation where the user can make a profit in the market, he also needs to overcome the queue of lots ahead of those who will buy or sell. Since the price is not constant and the price of further purchases increases after the purchase of the first user (since the demand for purchase has increased), the next user will buy at a higher price. Thus, the potential profit of the last user is much lower. The same situation in the sale process.
We can use ecosystem tokens to solve this problem. Let's look at how this will happen and how to realize it.
- 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.
The scheme of using the product is of the greatest importance in the entire project and consists of a set of 12 Smart Trading System modules that are automatically traded through proven and monitored algorithms.
- The approximate scheme of use:
- The user selects the trading module;
- Chooses a stock exchange and trading limit;
- Connects own API keys;
- The trading module trades according to the chosen algorithm and accumulates profit on the exchange account of the user.
Another not unimportant module Adaptive Social Assistant - this module tracks data from social networks and sends signals to the user in the account adapting them to certain parameters.
The next module is called the Trader Behavior Analysis Service - it is a module that analyzes the trading history and makes recommendations for changing the trading strategy to achieve profit.
The exchange order management module is a service that allows you to simultaneously set stop-loss and take-profit levels and additionally calculates the most favorable price for opening an order yourself by means of a mathematical algorithm.
The analyzer of the news background - a module based on the neural network is built on the LSTM architecture. The analyzer generates reports based on the information flow from the media.
Arbitrage Assistant is a module that allows you to make profit using arbitration windows on most crypto-currency exchanges in manual and automatic mode.
Economy of the token:
The preliminary sale will last 27 days, starting from 11/04/2018 14:00 GMT + 00 until 08/05/2018 14:00 GMT + 00. The number of tokens available for purchase at the pre-sale stage is 99,840,000
Soft cap on Pre-sale is 2000 ETH - Hard cap in 4000 ETH
The sale of the token will continue for 23 days, starting from 29/05/2018 14:00 GMT + 00 until 21/06/2018 14:00 GMT + 00. The number of tokens available for purchase during the sale of Tokens is 748,800,000.
More detailed information can be obtained from official sources of the project:
Website: https://ftec.io/en
Whitepaper: https://ftec.io/en/whitepaper
Ann tread: https://bitcointalk.org/index.php?topic=3168899.0
Twitter: https://twitter.com/ftec_found
BTT profile: https://bitcointalk.org/index.php?action=profile;u=1285548