Lucre (LCR) ICO
PastJan 01, 2019 – Feb 28, 2019
LUCRE is an exclusive automated trading system for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. It is developed by a team with 8 years of algorithmic trading experience. Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately.
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|Claim admin rights for this project|
|Project industry||Trading & Investing|
|Founded||Saint Kitts and Nevis|
What is Lucre
LUCRE algorithm was build on a philosophy - Dont HODL; Trade! allowing trading both ways long and short.
Lucre Trading Algo will be running on a Metatrader trading platform. Token sale participants will get an LCR token which will track the performance of the Algo. The price will be updated regularly to reflect the value of the underlying Crypto assets being traded by the Algo. A participant can trade on the exchanges which will list the LCR token.
Algorithmic trading Platform on a BLOCKCHAIN Network.
LUCRE is an exclusive automated trading system & signal service for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. It is developed by a team with 8 years of algorithmic trading experience. Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE algorithm was build on a philosophy - Don’t HODL; Trade! allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market is going south the algorithm attempts to make profit by shorting it.
Lucre Trading Algo will be running on a Metatrader trading platform. Token sale participants will get an LCR token which will track the performance of the Algo. The price will be updated regularly to accurately reflect the value of the underlying Crypto assets being traded by the Algo. A participant can trade on the exchanges which will list the LCR token.LCR token will only be sold during the pre sale and Token sale main event. No further tokens will be minted post Token sale event.
LUCRE is an automated algorithmic trading system based on statistical analysis of data from last 5 years (for BTCUSD). Automated trading, allow to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader. There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades. Some of the advantages are listed below:
DetailsPre-sales: Oct 15, 2018 - Dec 31, 2018
Public sales: Jan 01, 2019 - Feb 28, 2019
Token supply: 10,000,000 LCR
Soft cap: 1,600,000 USD
Hard cap: 7,000,000 USD
LegalCountry limitations: USA, Canada, Nevis
Registration country: Saint Kitts and Nevis
Office address: PO Box 590, Suite 9 Henville Building, Long Point Road, Charlestown Nevis - Registration #C50100
Token infoTicker: LCR
Token standard: ERC-20
Token price in USD: 1 LCR = $0.769 USD
Accepted currencies: ETH
Pre-sale (Up to 10 000 000 tokens): $0.769 (30% Bonus)
Stage 1 of Main Token Sale: $0.83 (20% Bonus)
Stage 2 of Main Token Sale: $0.87 (15% Bonus)
Stage 3 of Main Token Sale: $0.91 (10% Bonus)
Stage 4 of Main Token Sale: $1.00 (No Bonus)
80% of the tokens allocated to the participants (10 000 000 LCR)
14% for developers and company reserve (1 750 000 LCR)
3% for rewarding advisors (375 000 LCR)
3% is used on Bounty program and marketing (375 000 LCR)
40%, will be dedicated to servicing on the development team and the creation of platforms
40% will be contributed in the Trading Pool to provide profits to the Token sale participants
15% is for capex
3% will be spent on marketing aimed at attracting new users to the platform, creating a community interested in the token and the service
2% for legal and compliance fees
Proprietary FX Trading company was created
First trading Algo was created for major FX pairs
FX trading opened for clients
Initial Research and Development for Cryptocurrencies
Develop Smart Contract
Finalize Smart Contract and develop dashboard
- Whitelisting participants
- Bounty Program launch
LCR Token Sale Event Launch
Public Launch on Exchanges
Final improvement of trading Algo
Launch Autotrading Service (Beta)
Final version release
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