Lucre Trading Algo will work on the trading platform Metatrader. Participants in the sale of tokens will receive a LCR token that will monitor Algo's performance. The price will be updated regularly to accurately reflect the value of Crypto's major assets traded by Algo. A participant can trade on exchanges that will list the LCR token.
About Lucre
To HODL or not to HODL - the age-old question, crypto-fied. HODL may have come up as a mistaken spelling of “Hold” but it was quickly embraced by the crypto community and, like many other things in the crypto world, took on a life of its own. From humorous beginnings to classic internet memes, HODL has swung back and forth in debates. Should you HODL crypto or should you trade it? In other words, should you keep your crypto as a long-term asset or you advantage of volatility in both directions?
Don’t HODL; Trade! Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE has been building a trading algorithm (Algo) which tries to outperform the performance of just HODLing the Cryptocurrencies. The trading is done both ways long and short. Even when the market is going south the Algo attempts to make profit by shorting it.
LUCRE Token’s value is not based on speculation but rather the product benefits and net asset value backed by the performance of an algorithmic Cryptocurrency trading with real funds. LUCRE’s utility token is called LCR. It can be traded at any time, holdings are fully transparent.
LUCRE trading system is developed by a team with 8 years of algorithmic trading experience. The trading strategy utilizes complex quantitative models and algorithms.
LCR is a utility token which initially can only be acquired during the Token sale event which is a one off, closed cap offering. A 40% of the total crowdsale is allocated to the trading pool, and then awarded proportionally to the Token sale participants. 75% of profit generated by the algorithm will be distributed to the Token sale participants. During the time the Trading Pool has losses, participants simply receive no compensation. Profits will be paid as a quarterly fee in ETH to the participant’s assigned wallet. The other 25% will be reinvested in the Trading Pool to increase the fund capital, and consequently increase the next benefits that are generated.
The means of selling the token will be used for two main purposes:1. Complete the development of LUCRE Trading Algo (full testing, adding various cryptograms, optimizing performance, and implementing automatic trading with various Crypto broker APIs when they are available and stable).
2. Use 40% of Token's sales funds to trade Cryptocurrencies with brokers and share profits with participants in the sale of Token. A small shoulder will be used a maximum of 3 times. Trade will be carried out in both directions for a long time and in a short time, depending on the direction of the market, discovered by LUCRE Algo. Each order has a predefined soft and hard stop loss and profit from the profit.
With the down payment you will receive LCR tokens that provide premium membership and limited access to the service. When you have these tokens, you can earn money by combining the various options detailed below. Tokens can also be sold to another participant. With LUCRE, Token traders do not need to contribute additional funds, since they can profit from initial participation with the advantages of the algorithm. At the same time, participants can use their funds to conduct additional trades on trading signals LUCRE. Thus, you can increase your profitability. You can choose one of the following options or combine them to optimize your income.
1. Join during the event for the sale of tokens to get a percentage of the benefit, proportional to the initial contribution, made by the algorithm in the Trade Pool.
2. Use signals for trading: you will receive BUY SELL signals for Cryptocurrencies, which you can use for manual trading with your broker.
3. Use the LATRE Autotrading service. Users can use some of their Fiat funds with the Autotrade algorithm, with all the benefits directly transferred to the participants.
The only chance to buy a token after the sale of LUCRE will be on the exchange with the participants of the sale of Token. If Algo succeeds, it will increase interest in buying and, therefore, will lead to higher prices for LCR tokens.
TOXENE PROFITABILITY
Based on the 8-year experience in Algorithmic Forex trading, we saw that interest can increase if the algorithm works well and more participants are involved in the project.
LUCRE is an exclusive platform, because participants with access to algorithmic signals and autorouting are limited, and this exclusivity is controlled by the number of tokens. If you want to receive signals or use Autotrading, and you did not participate in the Token sale event, you will need to buy tokens from the original participants.
The trading algorithm will take long and short positions and bet on both bearish and bear markets, thus diversifying and optimizing the performance of the portfolio. As a participant in the sale of tokens, you can decide to earn money by selling tokens, since the advantage of exclusive service and the results of the algorithm trading should see the price increase or hold it and get a constant profit tracking the effectiveness of the trading word.
SAFETY AND AUTOMATION
The deposit will be immediately converted into the US dollar after the completion of the sale of Token and transferred to the trading account Derivatives, where the bids will be executed. Holding derivatives are not secure. LUCRE Trading is 100% automated. A full list of used brokers will be available on our website when trading begins. During the check, additional exchanges will be added.
MARKETING AND PARTICIPANTS 'ATTITUDES
The LUCRE team will invest significant time and effort in Tok Token marketing marketing, focused on participants in the traditional financial sector, by producing information sheets, explanatory videos and planning documents that are easy to understand. LUCRE will concentrate its efforts on marketing exclusively in unregulated markets. No encouragement or invitation will be held where participation is prohibited or is likely to be banned in the near future in order to remain in compliance with local legislation.
Road map:
December 31, 2017
Own trading company FX Trading was established
The first trading transaction Algo was established for the major currency pairs
FX-trading open to customers
Initial research and development for cryptothermics
June 30, 2018
Develop Smart Contract
Enter Smart Contract and develop dashboard
September 30, 2018
Participants in the "white lists"; Run the Bounty program;
December 31, 2018
Token Presale
LCR Token Sale Event Launch
June 30, 2019
Public launch on stock exchanges
Final improvement of Algo trade
December 31, 2019
Starting the autorouting service (beta version)
March 31, 2020. The
final release of the version
Detailed information:
Website: https://www.lucretoken.com
Technical paper: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf
Facebook: https://www.facebook.com/lucreToken
Twitter: https: // twitter.com/LucreToken
Telegram: https://t.me/LucreToken
ANN: https://bitcointalk.org/index.php?topic=4959492.0
Created by : mayshella99
