FTEC 4/5 (1)

FTEC

An ecosystem of intelligent services and neural networks for conducting effective trading activities on cryptocurrency markets
FTEC is an ecosystem of intelligent services and neural networks for conducting effective trading activities on cryptocurrency markets. The idea of constructing a whole cryptocurrency ecosystem did not emerge out of the blue but was a logical conclusion from a broad experience gained during the development of cryptocurrency projects as well as trading services. Our global mission is to reduce the number of unprofessional traders.


4.0

HypeSecurityTeamVision
4.04.04.04.0



STATUS: Ended
TokenFTEC
Price in ICO1 FTEC = 0.000025 ETH
CountryUnited Kingdom
preICO start24 Apr 2018
preICO end22 May 2018
ICO start20 Jun 2018
ICO end18 Jul 2018


  • ABOUT
  • TEAM
  • MILESTONE
  • FINANCIAL
  • SECURITY
  • MEDIA

The key problem we faced in developing our first trading algorithms was order book limitation on exchanges. So if automatic module finds a situation when the user can get a profit on the market, it also needs to define a queue of people for whom purchase and sale will be made. As price is not a constant value and the price of further purchases increases after the purchase of the first user (because buying demand has risen), the next user will buy at a bigger price. So a potential profit of the last user is significantly lower. The same situation is during the sale process.
Sale for the first user will be at the highest price and profit and for the last user - at the lowest price and profit.
We can use ecosystem's tokens to solve this problem. Let's consider what advantages our own token can provide.

Solution
Firstly, amount of issued tokens is constant. Thus, the possibility of additional token emission is liquidated. It means that every token holder can be sure that he can manage a part of tokens he bought.
And secondly, we will have an opportunity to form a certain queue of users because of uneven distribution of tokens between holders. In this case, any user can influence the position he has
in the queue by changing the number of tokens he has. The user will be able to track his position in the rating by using the relevant tool in user's account. The place in queue will be determined by the number of tokens on user's balance within the system. Tokens, which are held on exchanges, will not be considered during the queue forming.
Taking into account all above-mentioned factors, using our own token can solve fundamental problem and allows to form fair queue which can be influenced by users.

Other options of token use in the ecosystem
All payments will be made in FTEC tokens. Also tokens will be used for quick transactions in the system and getting bonuses.

By now, there has been an increase in the interest of the broad masses in the technology of blockchain and cryptocurrency in general.
Before we started developing our first project coinbot.club, we conducted our own research, and also analyzed a large number of online polls to find out how people most often use cryptocurrencies in their activities.
This made it possible for us to conclude that, in spite of all the significant benefits that cryptocurrencies provide as a means of payment, the vast majority of people use them not for their intended purpose, but as a trading tool with a high level of profitability.
And, therefore, a project aimed at increasing the efficiency of trading will inevitably be in demand on the market of cryptocurrency products, as it saves time on market analysis, helps to reduce and diversify risks, enables to automate all routine processes associated with decision making.
We reviewed a number of existing solutions, conducted a comparative analysis and found that completely similar products are not represented on the market. Because their implementation is quite complex and requires some experience in software development due to all the features of the cryptocurrency industry. Our team got this experience while developing the coinbot.club project and therefore we strive to scale up to take our place in this industry.

Brief history of the project
The idea of constructing a whole cryptocurrency ecosystem did not emerge out of the blue but was a logical conclusion from a broad experience gained during the development of cryptocurrency
projects as well as trading services.
Almost a third of our team members have been trading for a long time and had been involved in the industry even before the rapid development of the cryptocurrencies.
The first and biggest problem we wanted to solve was the automation of the trading process. Exchange trading itself requires a constant study of a large number of statistical parameters, news, social signals, trends, and so on.
We began with the simplest task - the automatization of the very trading process, namely, buying and selling based on certain criteria of technical analysis.
More specifically: the double zigzag crossing of the Bollinger`s Top Line. In a dynamically growing market, the bot, which was based on such a simple algorithm, yielded quite good profits. However, the practice has shown that it worked effectively only on a growing market. And there is no constantly growing market, so we proceeded to the implementation of the second step.
The second step. Creating a social bot that would analyze all Twitter content by an adapted dictionary. Thus, we managed to improve the effectiveness of the trading platform by analyzing the impact of messages that contained words such as listing, partnership, update, hard fork

Monetization model
Since the ecosystem features already have a well-formed consumer market, there is a question of its full and effective monetization.
Taking into account the specifics of the cryptocurrency market, we have identified the following ways of receiving profit:
* Payments from users of the ecosystem for the use of certain services.
* The global increase of the interest in the ecosystem due to a high level of efficiency and usefulness of the ecosystem's products.
* Commission fees on the domestic market of trading recommendations.
* Useful thematic advertising integrations.

Team

TEAM
Ihor Torshyn
Chief Executive Officer
Stanislav Ochkur
Business Development
Luis Felicio
Chief Technology Officer
Julián Marcelo Bernal González
Cyber Security Specialist
Tim Marchini
Head of Marketing
Viktor Daverman
Developer TeamLead
Vlad Nesmiian
Legal Advisor
Max Bashmakov
Art Director
Andrea Meeld
Senior Trading Advisor
Egor Osaulenko
Software Developer
Kate Klymko
UX/UI Designer
Den Bannikov
Blockchain Developer
Janine Lakhotska
Public Relations
Oleg Mazurok
Trading Analyst
Alena Tymoshenko
Content Manager
ADVISOR
Andrey Dryga
Blockchain | ICO Analyst | ICO-Anti-Scam expert
Andrei Popescu
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain Tech Start-Ups Investor/Advisor.
Tyler Sanford
Advisor, Branding and Web development
Alex Gokul
Advisory on Digital Strategy, Campaigns and Ecosystem Development. Cognitive and Quantum Computing specialist.
Jack Shin
Alternative Investment Expert l Korean Blockchain Market Professional

Milestones


  • Ideology, teambuilding, setting a technical task, architecture development for Coinbot.club database.

  • Template design development, signal subscription mode, 2FA connection.

  • Development of candlestick classifier, Orderbook analyzer.

  • Creating a new logo, redesign.

  • Creating a coinbot.club blog, algorithms for smart trading modules.

  • Decision tree architecture, Bittrex API connection, Poloniex, automatic API checking, affiliate program development.

  • Connecting the Binance API, Yobit, creating a support department.

  • Updating the payment system.

  • Landing creation, White Paper, preparation of documentation.

  • Pre-sale, interview sessions, advertising campaign. Report.

  • Start Full-fledged development. Report.

  • Token Sale, Summing up, connecting the API of new exchanges, creating Telegram Assistant, Adaptive Social Assistant, Arbitrage Assistant, Telegram Assistant, staff expanding. Report.

  • Mobile App, Service of Trader's Behavioral Analysis, statistics collection. Report.

  • Exchange Order Management Module, interaction testing with other modules, Price Notification Module. Report.

  • Development of network architecture, Analyzer of the News Background, materials collection and tests for Cryptoacademy, the launch of a full-scale marketing campaign. RoadMap update. Report.

  • Anomalous Volume Dynamics Analyzer. Report.

  • Roadmap update, Cryptoacademy, Global Price Analyzer. Report.

  • Module for Cryptocurrency Portfolios Management. Report.

  • Desktop App. Report.

  • Global testing, RoadMap update. Report.

  • Trading Recommendations Platform. Report.

Financial

Token
PlatformEthereum
Price in ICO1 FTEC = 0.000025 ETH
Investment Info
AcceptingETH
Tokens Distribution75% - token sale
10% - pre-sale
7% - team
3% - bounty
3% - advisors
2% - airdrop
Soft cap2,000 ETH
Hard cap26,500 ETH

Security

Legal entity

MITRIDAT GROUP LP, registration number SL031014

https://portal.kyckr.com/

 

Prehistory of project

According to the roadmap, FTEC group was created in July 2017
No prehistory of project were found at the moment

Blockchain experience

Ihor Torshyn – Trader and Business Development Manager at CryptoAngels http://cryptoangels.io

Viktor Daverman – Middle Developer at https://coinbot.club/

Oleg Mazurok – Trading Analyst at CryptoAngels http://cryptoangels.io
– Trading Analyst at https://coinbot.club/

Andrey Dryga – Advisory Board member at https://idacb.com/
– Arbiter at https://jury.online/
– Anti-scam expert at https://ico-no.com/

Tyler Sanford – marketing advisor at http://ipg.gold/
– Advisor at http://datablockchain.io/
– Advisor at https://traxion.tech/
– Advisor at https://elycoin.io/
– Advisor at https://einc.io/
– Advisor at http://www.tradove.com/
– Advisor at http://cryptopus.co/
– Advisor at https://safecrypt.io/
– marketing and brand advisor at http://www.pokersports.io/
– Advisor at https://immvr.se/
– Director of Community Outreach at http://www.smartrealty.io/
– Top 20 people of Bloclchain by https://icobench.com/
– Advisor at http://www.hydrocoin.org/
– Founder at http://www.thecryptomoneyteam.com/

Vladimir Nikitin
– Advisor at https://www.mobu.io/
– Advisor at https://eternaltrusts.io/
– Consultant at http://cryptocean.io/
– ICO Advisor at https://jointventures.io/
– ICO Advisor at https://diwtoken.com/
Advisor at
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Head of Global Sales – https://www.truegame.io/
ICO expert by https://icobench.com/

Escrow

No escrow information were found.

Comments

Updated 12.05.2018

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