Disrupt the $85 trillion global investment funds industry
Heard of 1000x investments, but don't have 24 hours per day to study the markets? With CoTrader you no longer need to. CoTrader enables the best investors to manage your funds. Unlike competing platforms, CoTrader offers cryptographically proven ROIs, privacy, and full control over your assets
CoTrader solves the complexity problem of investment management, and aims to become the world’s largest investment funds marketplace by democratizing the $85 trillion global funds industry. For the first time in history, investors, now powered by CoTrader’s blockchain platform, can have their investments managed with complete transparency, control of assets, and proof of a fund’s past returns-on-investments (ROI). CoTrader’s MVP already supports cryptos, and is live on the Ropsten Ethereum testnet at demo.cotrader.com
PROBLEM: Many cryptos and ICOs have had 1000x returns in 2 years or less, with even more cryptos earning 10 to 100x returns in just weeks. The problem is that investing in cryptos and ICOs can be very complicated and time consuming. Most people lack the time and resources to do it properly, and instead may even lose money in bull markets on bad projects with emotional or hasty trading. Investors are overwhelmed by the 1000s of cryptos and ongoing ICO projects.
Even spending 24 hours per day wouldn’t be enough time for seasoned investors with deep technical, investing and other skills to properly assess the entire crypto market.
SOLUTION: CoTrader solves the complexity problems of investing. CoTrader supports cryptos and will support all assets such as stocks, options and other derivatives. CoTrader is building the world’s first truly decentralized and trustless platform that enables users to invest in and
manage funds onchain. These funds, known as Smart Funds, are managed by 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.
Since investments and trades are done onchain using DEXs, smart contracts ensure each user that only they can pull out their funds and that fund managers can only take an agreed upon performance fee from the earnings. Fund managers’ earnings are also verifiable and proven on the blockchain.
NETWORK EFFECTS: Both influencers and high performance fund managers will be highly attracted to the CoTrader platform and incentivized to do their best for their CoTraders (platform users who invest in fund managers), because top fund managers can multiply their gains enormously. For example, a top fund manager managing 1000 times her own money, and charging a 10% performance fee from what she earns her CoTraders, would multiply her own gains by 100x (10% of 1000x). If the same fund manager would earn 2x in a good month on their own, with CoTrader, she would earn 200x (100x times the 2x she would have made).
CoTraders will likely only use the best fund managers per sector.
Fund managers will be able to trade using CoTrader’s Super-DEX infrastructure, which pools together multiple DEXs including Bancor, Kyber, 0x, AirSwap, CoTrader’s own DEX, and other future DEXs for maximum liquidity and power. Other platforms can utilizing and extend CoTrader’s infrastructure.
TOKEN ECONOMICS: Users need CoTrader tokens to lock or “stake” a deposit in funds. For example, when a CoTrader deposits 100 ETH into a fund, 10%, or 10 ETH worth is converted to COT and is staked in the fund. This stake can not be traded and does not affect the fund’s performance. The stake is returned to the depositor when exiting his position in the fund.
All platform profits would be used to buy back CoTrader COT tokens and burn what the DAO doesn’t use to progress the platform.
CoTrader is the world’s first trustless “ICO futures” marketplace, driven by smart-contracts. Fund managers are empowered to enter ICOs as part of their portfolios to take advantage of early group-buy discounts that many ICOs offer. This is possible because CoTrader Smart Funds that are, by smart-contract, to receive future unlocked ICO tokens are themselves tradable.
CoTrader’s own DEX supports trading these Smart Fund shares since each fund has its own tradable tokens. This means that if a fund manager takes investors into an ICO position and some investors want to liquidate their shares that include the future ICO tokens, they can trade away their token shares within the fund.
Privacy CoTrader’s patent-pending privacy preserving smart funds algorithms can hide trades and fund managers’ trading strategies while still publicly proving the returns of their anonymous funds on the blockchain. CoTrader’s protocol is agnostic about the underlying mechanism used, which include zk-SNARKs, zk-STARKs, Ring Signatures, and Bulletproofs.
OPPORTUNITY: CoTrader can become the world’s largest investment funds and trading
marketplace. CoTrader would charge small fees such as 0.1% per trade for some services. To get some idea of the market size for relevant industries, consider that global fund management is an $85 trillion industry, and, by some estimates, total global asset trading amount to more than a quadrillion dollars per year. Crypto trading alone amounts to over $100 billion dollars per day. These industries are growing rapidly.
MISSION: Through the CoTrader platform we are democratizing funds and reinventing how they can be used for a digital world. Our goal is to help people to maximize returns in minimal time and realize greater financial freedom together. We do this through connecting investors from both sides of the expertise spectrum and providing them tools to quickly and easily make powerful financial decisions.