Hello everyone, in this new post I want to introduce the LUCRE project, and for more details let's just go to the following discussion:
LUCRE is an exclusive automated trading system for Cryptocurrency, created to outperform the strategy of only holding Cryptocurrency. It was developed by a team with 8 years of algorithmic trading experience. Holding Cryptocurrency has not been the best way to increase your wealth lately. The LUCRE algorithm is built on philosophy - Don't HODL; Trading! allows trading of both long and short ways. The big attraction of this project is the ability to generate revenue in all market conditions, buy and sell at every opportunity perceived. Even when the market moves south, the algorithm tries to generate profits by shortening it.
Lucre Trading Algo will run on the Metatrader trading platform. Sales participant tokens will get an LCR token that will track Algo's performance. Prices will be updated regularly to accurately reflect the value of the underlying Crypto assets traded by Algo. A participant can trade on the exchange that will register the LCR token.
LCR tokens will only be sold during pre-sales and the main sales Token event. No further tokens will be printed after the Token sale event.
DETAIL LUCRE PROCESS
Supported by Blockchain Technology
Participants register for LUCRE Token and get a white list (KYC / AML). After receiving the confirmation that it has been whitelisted, participants then send funds (ETH) to the public address of the Token sale event. After receiving funds, LUCRE's smart contract automatically sends an LCR Token to the sender's wallet. Some of these funds are sent to the company's reserve fund wallet; At the end of the Token sales event, 40% of the funds received at ETH were dissolved and transferred to the LUCRE Derivatives Trading account where trading was carried out by LUCRE Algo. Trading accounts are also linked to third-party systems where Algo's performance can be verified 24X7.
For each trade carried out by LUCRE Algo, a signal will be sent to each participant who has contributed more than 1ETH during the sale of the Token. These signals can be used on the Metatrader terminal offered by broker crypto CFDs and in the future it will be available for crypto exchanges as well.
Daily performance calculations will take place and be posted on the LUCRE dashboard.
DISTRIBUTION AND STRUCTURE OF TOKEN
There will be a total supply of 12,500,000 LUCRE tokens, all of which will be issued during
distribution stage. This is the last number of tokens, and no further tokens can be issued.
80% of LCR tokens will be given for sale to public contributors during Presale and token
Main sales.
14% of LCR tokens will be allocated to the Company's reserves. This reserve will be a source
income for the organization and will be used to cover operating costs.
3% of LCR tokens will be given to advisors.
3% of LCR tokens will be distributed through our Bounty Program as a marketing initiative
prizes, bug reports, and advertisements.
USE OF TOKEN UTILIZATION FUNDS
All token sales revenue will be used to fund product launches, ongoing platform development, and user acquisitions:
40% - R & D. This includes developing a team with around 5-7 engineers and programmers. The web
development of dashboards, improvement of robot algorithms; signal broadcast service; smart phone
application development and testing.
40% - Trade Pool. Contributions will be used to generate profits with
LUCRE trading
algorithm to return contributions to the sales participant Tokens. This is not related to
dividend ways.
3% - Marketing expenses with advertising campaigns, presentations, etc.
15% - Capex, operational costs
2% - Legal fees and compliance
LCR PRICES
The token ratio for ether prices is adjusted dynamically so the price of the token tracks $ 1 (bonus
structure then applied above this).
Presale Token: October 15, 2018
Main Sale Token: November 14, 2018
Token Type: ERC20 - Ethereum Blockchain
Hard Cap: 12 500 000 LCR
Available for Purchases: 10,000 LCR
Minimum Sales Token Contribution: 0.1ETH
Minimum Raise: $ 1 600 000 USD
CONCLUSION
LUCRE is ready to set a new standard for cryptocurrency participation. It aims to change
the tendency for crystalline HODL assets that do not always yield high results as we have seen
since its peak in December 2017. Holding LCR tokens gives access to high performance
Algo trading which takes aim to do better than just HODLing and hopes it will continue to rise to the top.
For more information about LUCRE at this time, please follow some important links below:
Username: bitcampaign
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=905392
ETH: 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca
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