Topic: [ANN][ICO] 🔥🔥🔥 Knoks 🔥🔥🔥 A Dedicated Platform For Crypto Signals - page 2. (Read 659 times)

I would like to suggest you conclude some important issues, such as portfolio tools available, In-depth investment analysis and accurate integration system data.

Not only that but also they can't even talk about the real data and market access? I think this process also should discuss openly for making understand to the people.

What do you think about the difference between the other signal project and knoks? Why is that so special?

this knoks is not going to be attached to the previous document and reference list. so it should be added to this project. certainly, .it will add a quality value.

Before starting this project, knoks should maintain and develop a good relationship with a good number of the signal provider, otherwise, they will face a severe crisis regarding signal.

How this project will provide the essential customer service which is very important at this era?

first of all, thank you for the comments and suggestions. I'll try to address your points in my answer:

We all know that legal has to catch-up with the technology and the enormous amount of innovation in the blockchain sphere.
here is what we can say about legal so far:
We are incorporated in Malta, and they are currently building up a legal framework, which has been published and which will come into force probably around the 1st Nov 2018. Since we've been incorporated, have a working product and users that are testing it (close circle for now), Knoks has a transitory period of 12 months to comply with the regulation for service providers - meaning we have at least 12 months to apply for the proper license.

Our product will not be dependent on recurring micropayemnts, although we might consider implementing a payment channels solution like raiden - either on ethereum or on any popular chain (ethermint, definitely). But these type of solutions and services have to be implemented  after we've developed our core business which is the platform and all its functionality.

We have, and decided it is not the right time for that (yet)

We will ensure the best quality of service for receiving payments with the lowest possible fees but we will keep the user experience a priority.

We won't force anyone to purchase our token if they don't like the product and want to use it. This is why we will have a sign-up bonus, which will provide enough free tokens (to use on the platform on a non-withdrawable base) for new traders to use. The amount is not finalized yet, but it should be enough for around a month of usage. After that, if said trader likes the platform and the value they are getting from it - they will need to purchase coins on the open market.
As for the liquidity - this is more of a consideration for the knosker (the signal providers) that will earn tokens from published knoks.
Since they will earn tokens per (resolved) signal, we don't see a situation where a lot of signals will be resolved at the same day for same knokser. Even if this is the case, a couple of hundred or even thousand $ worth of tokens can be easily sold on the market without affecting the price much.

If I understood your question correct, you want to know do we determine the price and rank.
In high level (we won't be disclosing the exact formulas and weights) the rank is set by minimum threshold of number of published signals and minimum success rate, and pricing of a signal is affected by
(1) objective data, which is statistical historical data, such as rank, profit to loss ratio, etc
(2) users review - the feedback that the traders have given to said signal provider so far and
(3) how well said signal providers is in comparison the the rest - things like number of published knoks, number of purchases, number of followers, etc

There is a potential profit indicator, which is visible prior to purchasing the signals. It has 4 ranges - low, medium, High and Very high. From our WP:
o Low: up to 30% potential profit
o Medium: 30-60% potential profit
o High: 60-100% potential profit
o Very High: Above 100% potential profit

Basically this platform is based on Saas marketplace for crypto trade signal, If a person provides a signal then he or she is called knokser, when a knokser wish to publish a post then this post might be treated and justified through a different type of algorithm set and database. so it might be a good and authentic source of the signal because of the techno-based analysis.

Their beta program is going to start around three months before their public release. so that they are looking for 100 signal providers and 1000 traders in order to participate in the program. not only that but also this beta program help this platform a lot by any means.

Knoks is going to be a unique platform for providing the function of an objective. they will provide an authentic information which must be based on compilation and evaluation. I think this will create a balanced and equitable marketplace.

 

According to their schedule, they are going to get attached to a number of renowned exchange such as Bittrex, Binance, Bitfinex, Huobi and Okex. So in this

perspective, they are going well so far.

How about the exchange? and when they will get listed if any exchange site? This issue might be a good factor to get attached to the people specially trader. That's why this issue should be focused also here...

Interestingly it's said that Knoks is using such type of formula rather than a subscription model that will help the trader to get a signal from a narrow scope. So that it might be a good platform for in order to access all the information and tool without any charge.

Also, they have an aim to provide multiple signal channels for traders along with some automated and algorithm set. they also take a profit negotiation with the

trader. also, a cloud-based trading which aggregates an authentic signal.


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This project does not look like a typical because it has some special filtering stages such as, in this project a lot of algorithm set will be used, in a word it can be

said that, They will use Coinloop, Automated algorithm-based system and CryptoPing will be used for this purpose. that's why it will be a good one in the future.

Although there are a number of developing the project in different stages whose aim also to provide the signal to the trader, so why is it special to us?

Since this platform is looking for an established position so that they have to follow a unique system which should be based on a ranking system, it does take into

account all of the parameters and algorithm rules.

There are chances this project can succeed, but its not going to be easy with current approach.

We are slowly but steadily moving from "game of intranet of blockchains" to "internet of blockchains" era which means that how new services are going to be monetized on-chain will dramatically change.

Major issue is that if access to the service is limited in any way through the doggines of the payment process that alone is a huge blocker for inception of any dApp or service type platform that uses blockchain for the settlement.

Here are few examples of apps that have no chances to succeed even if they are delivered:

* those that force people to use particular coins they don't have, don't want to use or are in general not liquid

* those that reward their turk's or nodes with the same illiquid token from previous point

* those that don't require any token for the business to operate while product should be sold to investors as security not utility token.

* other legal issues, that might arise due to nature of business, I would try to avoid term "signal providing" in close proximity to SEC  


If on top of that network is not compatible with an interoperable layer with its own side-chain it's a major flag for investors to reconsider unless CAP is low as it clear that future decentralized payment options will come as secondary not first layer solutions and include huge premiums on micropayments + scaling of the product if it succeeds would be extremely hard.


So what I would suggest is


* make legal docs part of publicly available content

* consider to run settlement layer on the side-chain within one of the interoperable blockchain networks

* consider selling a security/equity instead of utility token

* redefine payment and ensure flawless micropayments even if that means they would be centralized


than we might start talking $$$

Kind Regards