LUCRE

LUCRE is an exclusive automated trading system for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. It is developed by a team with 8 years of algorithmic trading experience. Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE algorithm was build on a philosophy - Don’t HODL; Trade! allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market is going south the algorithm attempts to make profit by shorting it.

Automated trading, allow to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specificationsDepending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades. Some of the advantages are listed below:

• Minimize Emotions 
• Ability to Backtest 
• Preserve Discipline 
• Achieve Consistency 
• Improved Order Entry Speed
• 24X7 Market 

Participant applies for the LUCRE Token and gets whitelisted (KYC/AML). After receiving the confirmation of been whitelisted the participant then sends the funds (ETH) to the public address of the Token sale event. After receiving the funds, LUCRE smart contract automatically sends the LCR Tokens to the sender’s wallet. Part of these funds are sent to the company reserve fund wallet; At the end of the Token sale event, 40% of the received funds in ETH are liquidated and transferred to the LUCRE Derivatives Trading account where trades are executed by the LUCRE Algo. The trading account is also linked to a third party system where the performance of the Algo is verifiable 24X7.

For every trade executed by the LUCRE Algo, a signal will be sent out to every participant who has contributed more than 1ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD crypto brokers and in the future will be available for crypto exchanges as well.

Daily performance calculations will take place and posted on the LUCRE dashboard. Whitepaper

Token Issuance & Strucure

Total Token supply: 12 500 000 LCR

Available for Purchase: 10 000 000 LCR

Token Type: ERC20, Ethereum Blockchain

Minimum Raise: $1 600 000

Maximum Raise: $7 000 000

1. 80% of the tokens allocated to the participants (10 000 000 LCR)
2. 14% for developers and company reserve (1 750 000 LCR)
3. 3% for rewarding advisors (375 000 LCR)
4. 3% is used on Bounty program and marketing (375 000 LCR)

Token Pre Sale Period: 15th Oct 2018 (30 days)

Token Main Sale Period: 14th Nov 2018 (4 weeks)

• A substantial portion of the funds, 40%, will be dedicated to servicing on the development team and the creation of platforms
• Another 40% will be contributed in the Trading Pool to provide profits to the Token sale participants
• 15% is for capex
• 3% will be spent on marketing aimed at attracting new users to the platform, creating a community interested in the token and the service
• Remaining 2% for legal and compliance fees.

More Information

Website: https://www.lucretoken.com

Whitepaper: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf

ANN: https://bitcointalk.org/index.php?topic=4959492.0

Facebook: https://www.facebook.com/lucreToken

Twitter: https://twitter.com/LucreToken

Telegram: https://t.me/LucreToken

Author

Bakul_cacing

https://bitcointalk.org/index.php?action=profile;u=1086996

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