 | CryptoPing (PING)ICO At the moment CryptoPing is just a bot that helps with tracking price movements and coin pumps on several exchanges. We want it to evolve into a platform where every beginner in crypto markets can get necessary information and community support, and start trading quickly. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is CryptoPing
Problem
In 2017, a sharp surge of new crypto traders is boosting trading volumes and rates of almost every alternative cryptocurrency (altcoins) and Bitcoin itself. Tat also makes prices of some altcoins more volatile than before, while constantly growing Bitcoin rate keeps increasing traders’ stress levels. Bitcoin is losing its share in total crypto market capitalisation despite of its increasing value. Market capitalisations of some altcoins has already exceeded hundreds of millions of dollars, and that’s only the beginning.
It’s impossible to factor in all the trends, events and subtleties that shape markets. Making a good trade can be difficult even for experienced traders, let alone newcomers. New traders don’t recognise market trends and can’t make good trading decisions. For people who just have started to trade cryptocurrencies, the “what to buy” problem is important now more than ever.
Solution
CryptoPing offers a solution — an assistant bot that can hint that market situation changes and it might be a good time to buy a certain altcoin. Bot’s market watching and analysis algorithms are already tested and verifed in practice. Users can easily sign up and activate the bot and start to get signals from exchanges right away. Being experienced or new trader, no user gets any advantage over other bot users, because all users receive all signals at the time. It’s up to traders to weigh the market in signals’ context and make all trading decisions by themselves.
To cover most of the devices and platforms and deliver signals on time we’ve decided to use messengers. Everyone uses them anyway, so the solution to signal delivery platform is already there: the bot looks to users just like another chat contact. Te bot has all necessary commands to manage notifcations, and the interface is friendly enough even for people who have no prior experience with bots or trading.
Bot signals look simple yet have just right amount of information, despite of complex inner works of the service itself. Users receive signal messages that include:
Tis information proved to be sufficient to decide at a glance whether to look into a signalled coin. All further analysis has to be performed by traders and the result will depend on their experience, interests and goals.
Additionally we’re building a platform for social trading, that will be useful to both new and experienced traders. Pro traders will be able to publish their trading results by signals daily, and new traders will be able to follow pros and copy their trades for a small subscription fee.
DetailsPublic sales: May 25, 2017 - Jun 24, 2017Token supply: 10,000,000 PING Soft cap: 6,786,472 USD Raised: 1,000 BTC LegalBlockchain Platform: Waves | Token infoTicker: PINGToken price in USD: 1 PING= 0.278 USD Accepted currencies: BTC |
CryptoPing Roadmap
The bot becomes subscription-based. Subscription fee will be charged daily. Users will be able to deposit tokens easily from the dashboard, and withdraw unused tokens at any time.
Primary candidates to be added to the bot are Cryptopia and YoBit, others will follow. New features for managing signals from different exchanges will be introduced.
Discord and Slack version of the bot are released and website notifications are enabled. Both individual users and online communities will be able to use the bot on their favorite communication platforms with ease without switching to Telegram.
Any user can become a public trader. Public traders track their trading results and recommend individual bot signals. Users will be able to compare results of different traders, follow them and receive their signals. Following a trader will require additional daily subscription fee.
The bot gets augmented with tools to track and analyze news and social media posts about cryptocurrencies. That kind of data will increase signal precision and determine the interest towards certain assets and projects (which might not be listed on any exchanges yet), and to some degree forecast the price movements.
A mobile app for investing based on bot signals is developed and released. Users will be able to add their API keys from exchanges, receive and filter bot signals right in this app and open positions by signals in one click. The app will buy cryptocurrencies and relist them using user-defined settings. API keys will be stored only on users devices, making the app quite secure.
Algorithms powering the bot will substantially change from predefined heuristics to a neural network, designed and trained to to analyze market data and social signals together. This allows for intricate analysis of cryptocurrencies including specific exchange quirks, different timeframes and indirect factors.
Investing App receives new feature - ability to allow it invest by signals automatically without user prompt. New settings will be added to allow users to design their auto-investment strategies and limits. API keys are still stored on users devices only.
Some cryptocurrencies may follow classic TA principles, especially those with large volumes and many traders. At this stage of bot development we begin designing tools to perform TA on assets automatically, and to further enhance the neural network capabilities.
Social media
