“Invest in Brokers” — icoTokenReviews.com
icoTokenReviews about Invest in Brokers:
Token INV
Pre-Sale Price 1 INV = 0.00013 ETH
Price in ICO 1 INV = 0.0002 ETH
Country UK, London
Platform Ethereum
Website https://investinbrokers.com
Whitelist/KYC KYC+Whitelist(Pre-Sale); KYC(Public-sale)
Restricted Areas N/A
Pre-Sale 26th May — 15th July 2018
Public-Sale 15th Aug — 30th Sep 2018
Tokens for Sale: 126,000,000 INV (60%)
Soft Cap 4000 ETHs ($1,500,000)
Hard Cap 21429 ETHs ($8,000,000)
Total Token Supply 210 million INV
Token Supply Breakdown Public Sale — 60%
Core Team — 20%
Reserve Fund — 13%
Advisors — 5%
Bounty — 2%
Bonus Private pre-sale: 50%
Public pre-sale: 30%
Public Sale: 0%
WHAT IS THE PROJECT ABOUT?
• It’s a system created for both experienced traders, amateurs or simply people who have no knowledge and time and want to make money with the best traders on the cryptocurrency exchanges.
• Experienced traders who are registered on invest platform can share their performance for everyone to see, users pick and choose the traders they wish to subscribe to base on their preferred investment style or past performance.
• Once a user has subscribed to a trader of their liking; invest platform links the account through an API, this way any move the trader makes, is copied automatically and directly on users account on the exchange of their liking.
• The main advantages of using an API service is that user remain in full control over their funds, private keys and choice of exchange.
IDEA:
• Invest platform is a feeless platform enabling trustless API-based copy-trading for everyone to trade cryptocurrencies just like the best and most experienced traders with the least amount of effort and time wasted.
PRODUCT PROTOTYPE:
• The final version of the prototype was released on 29th March 2018.
• https://demo.investinbrokers.com/
CONNECTIONS:
• Trading Crypto Coach is their marketing partner. They will start promoting the platform from pre-Ico.
WHITEPAPER HIGHLIGHTS:
Why do beginning traders lose money?
o They don’t have the time to properly research their investments.
o They don’t have enough knowledge about technical analysis.
o They don’t have enough experience with cryptocurrency exchanges.
o They don’t have the right psychological mindset.
o They don’t have the patience.
By offering a feeless platform enabling trustless API-based copy-trading Invest Platform offers a direct solution to the problems faced by beginning- and experienced cryptocurrency traders.
• An experienced investor, who has a proven track-record, can choose to share his trading strategy with other users. Beginners (or experienced traders who are in need of a break) can then follow any trader that shares his strategy on their platform, simply by subscribing to that particular trader.
• Both the experienced trader and the user who subscribed to the trader are linked through an API. This way any sell or buy order the experienced trader makes is automatically copied to your account, on the exchange of your choice. The main advantages of using an API service is that you remain in full control over your funds, private keys and choice of exchange (e.g. Bittrex, Binance, GDAX, Poloniex, Bitifinex).
• Their platform has several key advantages which we would like to highlight:
o No hidden fees- The Invest Platform offers a free platform-based service that brings both beginning and experienced traders together. their platform is accessible through the staking of INV tokens and only charges 10% on the profits made by users following a trader of their preference.
o Safety- By connecting their users through an API, you keep access to your money at all times. Not only will this save you valuable time from not having to send funds from and to wallets; more importantly, you will not be exposed to theft. As an additional safety measure, we have limited the API intractability to only being able to open and close positions. Withdrawals will be blocked at the API level. their platform itself will be secured by Google two-factor authentication, text-message authentication and IP whitelisting.
o Community — Their platform is open to all traders. Each user will be able to acquire a ranking which reflects his level or skill and trust on their platform. This opens the possibility to anyone, who has the sufficient ranking, to gather subscribers and earn for offering their services. In addition, each user will be able to share their ideas and technical analysis directly with their subscribers via their chat.
o Traders — The experienced investor assuming position, builds trust and ranking on their platform. Each investor will be classified with their proprietary level system. The better track-record the investor has, the higher level he gets. This allows the trader to attract a greater potential following.
• Successful traders: The list of all traders registered in their system sorted by performance ranking; from best to worst. Each profile has information about the current level of the user, the number of people who follow his profile and statistics of earnings. Each user has access to archival statistics of other users, but currently opened positions are available only to users who subscribe to the selected profile.
• Mobile applications their platform will be also available for Android and iOS mobile devices. Access to their platform at any time.
• Currently, they are working on 1.0 version of their system, which will contain all the necessary functionalities needed for proper use of the platform. The system will be connected to the Bittrex exchange because it is the favorite cryptocurrency exchange of many traders.
• In version 2.0 of the system, new functions will be included, including those proposed by their users. The system will be combined with the next cryptocurrency exchanges Binance, GDAX, Poloniex, Bitifiniex, Kraken, Bitstamp, Cryptopia.
• INV Token will
o Serve as an internal payment solution for access- and use of all functions and services on the Invest platform.
o Be used as a social reward and reputation system.
o Be a payment instrument on the profits generated through the use of their platform.
• INV Token will not
o Pay dividends or profits of any kind, including buyback.
o Enable holders to vote on company matters. Control the company or give/imply ownership in any way.
• The user pays a total of 25% of the profits made through the use of their platform. No profits = no cost. This means that anyone subscribing to their platform will never be charged on losses, essentially using their platform for free. The 25% tax on profits will be divided in the following manner: 15% will go to the trader which he/she is following. 10% will go to their platform. Of the 10% that goes to Invest platform, 1% will be burned.
• INV tokens are deflationary: — As the users on their platform increase, less INV tokens will be in circulation due to their staking mechanism. — Because INV tokens have a fixed supply and 10% of their earnings will be burned, the total circulating supply will further and permanently decrease.
REWARDING CONTRIBUTIONS TO INVEST PLATFORM
• Through its rewarding system Invest Platform will be giving back up to 10% of its total earnings as a monthly reward to the best traders and content-value providers.
• Invest platform will regularly organize competitions where traders can earn INV tokens.
• Rewarding traders with the highest returns / lowest risk scores.
• Reward traders and content creators with the largest number of followers.
• Reward content creators for putting out high quality content.
• Reward active users with highest referral score Reward the best bloggers
HYPE:
• 43K telegram users, 12.3K followers on Facebook and 16.9K Twitter Followers.
• They have got 1.3K views for their promotional video
• 4.2 ratings as per ICO bench, 2.6 — icorating.com and 9.6 — icomarks.com.
LONG TERM:
• They plan to create platform for a huge number of clients who are losing on the crypto market and are looking for help.
• In future, they want Invest in Brokers to be a recognizable brand throughout the world.
CONCLUSION BY SOME OF THE TOP KNOWLEDGEABLE PERSONALITIES:
• “The concept of copy-trading is getting more popular every day, good way to step into crypto as a beginning trader.” — Stephan De Haes (ICO Advisor, Community leader and COO/Co-founder Krypt.ly)
• “Late to the game for this, some ICO that are already established and have good brands. Not sure how this will get traction as late to market. A lot of money being raised for a platform like this.” — Paul Mears (ICO investor, crypto trader and ex-angel investor)
• “I do not see the reason for a 12–15mil usd raise for this project. A subscription to anyone of the many “copy trader” and “signals groups” on telegram will provide the same information. Keeping funds on an exchange is neither safe or advisable. I do not see this as a good investment. “- Douglas Lyons (Success Advisor to Blockchain Startup Project Teams.)
