PR: Trackr Announces ICO Details for its Revolutionary Crypto Analysis App
LONDON, UNITED KINGDOM — (August 11, 2017) – Trackr, the highly anticipated crypto analysis service fuelled by an in-app token, has announced the final details for their public crowdsale to begin on the 16th August and end on 15th September 2017. Built on immutable Ethereum blockchain technology and a multitude of exchange API’s, it has developed a mobile client that lets users perform automatic analysis of their crypto investments. The user interface is optimised to provide users a snapshot of their profit/loss and identify areas for improving their investment strategies.
The project already has a public Alpha which can be downloaded on iOS and Android devices which is capable of importing transactions from your wallet and visualising your profit/loss trajectory, furthermore it can be configured to provide notifications to alert you of market events. The Alpha has been received with success and moving forward the team have devised a 7-phase roadmap plan which will see it implement analysis algorithms such as machine learning and Monte Carlo simulations to predict market prices and other advanced features such as backtesting of investment strategies.
Early participants in the Trackr crowdsale will benefit from a generous bonus program that will see them earn as much as a 20 percent bonus in the first 48 hours, reducing down to 10 percent during the remainder of weeks 1 and 2, followed by 5 percent in week 3 before finally terminating in the last week of the crowdsale. The Trackr token (TKR) serves a number of purposes, most notably acting as the currency which allows in-service purchases possible, users can operate in a decentralized environment and make use of Ethereum’s peer-to-peer technology to share investment strategies and portfolio successes with other users, charging a nominal fee which is transacted on by smart contracts.
Funds raised through Trackr’s crowdsale will be distributed to further development of the Trackr offering which includes infrastructure and legal costs (40 percent), team expansion (20 percent), research and design (20 percent), product development (10 percent), and advertising/marketing (10 percent). The cost allocation has been calculated over a period of 3 years through cost-benefit analysis. In line with full transparency, exact expenditure figures will be made public to all participants of the crowdsale through a stakeholder portal that they will be able access after the ICO has concluded.
“The surge of cryptocurrencies has put more pressure on traders to keep track of the market and the media in an attempt to invest with low risk and high return. It is becoming notoriously difficult to keep up with the constant emergence of new coins and technologies; the market is continuously in a volatile state as media announcements can easily swing the pendulum in any direction in a matter of hours. Trackr is a mobile application which aims to solve all these problems.” said Waleed Amjad, Co-Founder of Trackr
Trackr is a cryptocurrency performance analysis platform targeting both casual crypto investors and seasoned traders. The vision behind Trackr is centered around providing a simple and easy to use service that combines advanced mathematical models and algorithms to perform an in-depth analysis of the user’s portfolio and to provide a summary highlighting shortfalls and areas of improvement in one’s investment strategy. Trackr is ideal for beginners, advanced traders, and anyone looking to enter into the crypto world.