Topic: [ANN] [ICO] FinTab – The Accounting System for Cryptocurrency Portfolios - page 54. (Read 15539 times)

Is the cost of one coin for the main round of sales already known?

The main disadvantage of this service is that there’s no web-version; it has only a mobile one. As a result, it has meager functional and lack of analytics. There will be both a web-version and a mobile app in FinTab.

But what about Blockfolio? In my opinion, it’s one of the most successful services for financial accounting of crypto-currency.

Yes, such services are really look similar, but FinTab experts analyzed those services’ disadvantages and won’t allow them to take place on their platform. For example, there’s a complex and incomprehensible interface with a lot of unnecessary options in Cointracking. CryptoCompare has limited functionality and no mobile app.

In my opinion, the FinTab project won’t be unique. There’re lots of similar services, for example, Cointracking or CryptoCompare. They already have their own audience, so it will be difficult for FinTab to break into the market even with good amount of funds collected during the ICO.

Is the cost of one coin for the main round of sales already known?

It’s interesting; I somehow didn’t see any info on this. Can you tell us how this system will work in FinTab?

How is FinTab different from its competitors?

The free version of FinTab will have functions similar to CryptoCompare and Blockfolio. Moreover, it will offer:
— both desktop and mobile versions, which will be synchronized automatically;
— the accounting of ICO tokens (even the ones that are not issued yet);
— ability to add currencies that are not present in the market yet;
— ability to add custom exchanges and wallets;
— the buy / sell / exchange currency functions, as well as transferring between the exchanges;
— calculation of portfolio dynamics and its profit/loss and ROI considering multiple transactions* (replenishment, withdrawal, exchange);
— calculation of currency dynamics and its profit/loss considering multiple transactions* (replenishment, withdrawal, exchange);
— other standard functions (exchange rates, notifications, etc.)

*The example of multiple transactions: say you’ve purchased a currency at one rate, sold it at another rate, purchased it again and sold it, traded it for another currency, etc. It becomes challenging to calculate the percentage of currency profitability, as well as the whole portfolio ROI.
FinTab team has found the solution to this problem. Now you can always be sure to know your exact profit or loss (% or absolute value) on each currency or portfolio, no matter how many transactions you’ve performed.

But those are not our main differences
Our main point is our positioning. The service is intended for use by the following user categories:

Traders — active users, working both on short and long positions. They perform numerous transactions and may have several active portfolios. Unlike the "Individual investors", traders perform series of transactions: several transactions within the same currency - purchase, exchange, transfer, withdrawal. They need to keep a record of these transactions and be able to see the overall statistics. Moreover, it is important to automate the addition of transactions.

Trusts — in other words, traders who take third-party finance under management and supervise several clients. They need to be able to separate the agent and client accounts, and actively interact with the technical support for individual improvements. The agent account will feature the possibility of setting the client cabinet for each separate client: displaying the relevant information, placing a personal logo, generating a report, etc.

Here are the vital features that will be implemented for these types of users:
— the unlimited number of portfolios divided into public and private ones;
— personal cabinet with reports system and extended analytical tools;
— simple, yet powerfully protected integration with cryptocurrency exchanges via API for the automated transaction data transfer (in order to exclude the manual transaction input).

For trusts (traders managing multiple clients) the most important features will be:
— division into agency and client accounts**;
— personal technical support.

**Each client’s individual portfolio access. You can set up the information you wish to display to each separate client. At the same time, unlike the ordinary portfolios, the client accounts are automatically synchronized with the agency accounts, thus, performing any transactions in your agency account you won’t need to manually duplicate them in your client’s account.

The cost for the service for the «Pro» and «Manage» accounts will be fixed in USD, but payment is accepted in FinTab tokens (FNT).

For example, in the prices of ICO services will cost 47.5 FNT. When the rate grows 2 times, the cost will be 23.75 FNT, respectively.
But it will always be $19/month