Looks like a promising features that will help alot of people in near future. I know some people who want to learn how to trade will like this project because we all know that if we want to learn something we must ask or learn from those experienced people.
I am still trying to read the full details on the whitepaper but does this mean you stake your holding and professional traders would use that and share the profits from the gains?
I see the advantages of this platform for the benefit of its users is to help skilled traders who do not have access to large assets, besides the CCI token holder will receive a weekly profit from Trading Capital that grows consistently. only that hopefully help.
Weekly profit is a amazing concept. This will be like getting a continuous passive income which is real good in this point in time. Looking forward for the token sale to start.
That's really great, Having some passive income weekly but of course it will be a high risk on storing your money online and if you don't know the background or a people behind on that project. But I know this project will really going to be a good one in the future.
It looks like they will be putting 40% of the sale into the reserve. That should act as a support for the token right? I am not on what form they 40% will be in but I am guessing buying back token?
40% of ICO contributions will be allocated directly into Trading Capital. This reserve capital is vital to the business. It serves to:
- Underwrite the customer's insurance policies and thus, will be subject to independent auditing on a quarterly basis. The Audit Results will be published in the Public domain.
- Act as the financial guarantor for delivering all fixed profit margins laid out in the Investment Plans for Users.
- Deliver healthy profit share to Token Holders.
So it is essential, prior to the platform being open to Users, the Traders begin utilizing the Reserve Fund to build up profits and more capital.
What kind of insurance is this? Is this to protect investors investments or something else? Do we have such insurance exists especially when it comes to crypto investments?
We will automatically insure all our Users investments and that insurance coverage will vary. The values will be based on the type of their account level the user has opted to adopt:
- Basic Access Level Insured up to $1,000 + 10% profit.
- Silver Access Level Insured up to $10,000 + 10% profit.
- Insured deposit of up to $100,000 + 10% profit.
Even in the event of a ‘force majeure’ or dramatic currency price dips, our Users will be guaranteed to keep their insured assets. This underwriting will be secured by our reserve scheme. It will be covered by our Reserve Trading Capital and investments made by users.