Key Points- ICO offering new ERC-20 token on Ethereum network – SIFT
- Each SIFT is a share in a cryptocurrency investment and trading fund
- Company has 10 year history developing and selling market analysis software for forex and commodities
- The fund uses proprietary Smart Volume Analysis which has its origins in volume spread analysis
- Exchange rate of 100:1 – each SIFT costs 0.01 ETH
- ICO runs from 1st August until 15th September – 45 days
- Unlimited release of SIFT during ICO – this determines fund’s value at the time that ICO closes
- Dividends paid monthly to investors as well as asset appreciation values
- Estimated ROI of 40% per year to investors
- Fund to hold all money in USD/EUR/GBP apart from for the duration of trades and controlled cash-out period following the ICO
- White paper released to provide full breakdown on investment and risk-mitigation strategies
- Source code available for inspection on GitHub and validated contracts are on Etherscan
- Dividends paid via blockchain
- Transparency information published via blockchain, read-only API keys and independently audited
- Founders come from both trading and software backgrounds with almost 50 years of experience between them
Benefits for Investors- Monthly dividend payments
- Continuous appreciation of asset value
- Estimated ROI of 40% per year
- Low-risk trading strategy
- SIFT’s value always has a physical asset (USD/EUR/GBP) to back its worth that is audited externally
- Fund value, and therefore investor value, is held in USD/EUR/GBP
- Investment in company with more than a decade of experience in the development of VSA trading algorithms
- SIFT designed to support transparency and voting rights for all investors
SummaryWe are announcing the ICO of SIFT – an Ethereum token that is backed by a trading fund. The
ICO is now open until September 15th, 2017.
Smart Trader is a software product that was created in 2007 after a discussion on one of the world’s largest forex trading boards. It uses market volume and range data to determine what the largest investors are doing before the rest of the market has reacted. This is an advanced technique that we call Smart Volume Analysis which has its roots in volume spread analysis and isn’t often used by retail investors.
Since its creation, Smart has developed its own unique signals which have allowed thousands of traders to reliably and consistently make money – In fact, many of these traders rely on Smart as their primary income stream.
Smart Trader has been significantly improved and upgraded in the past year and as a result it is able to predict movements in the crypto markets with a high degree of accuracy. Our algorithms use artificial intelligence to build a complete picture of a market’s trends over time. With the huge one-day fluctuations in crypto values over the last couple of months Smart has proved itself with most signals returning between a 75% and 100% hit rate depending on the signal and currency.
Smart is now launching an investment fund with funds raised via an ICO for Smart Investment Fund Tokens (SIFT). SIFT can be purchased at a rate of 0.01 Ether via a smart contract and the total amount of SIFT that can be raised during the ICO is unlimited. The amount raised will directly relate to the initial fund size – the more raised, the larger the trading balance.
At the end of the 45-day ICO the fund will start trading following a number of rules and risk-mitigation techniques that are detailed further in our whitepaper. Once a month, half of profits will be returned to investors in the form of dividends (paid in ether via a smart contract) whilst the rest of profits will remain in the fund so that the asset value grows.
Having completed a significant amount of testing, including multiple simulations based on historical trading data, we believe that returns on investment of 40% per year are realistic and expressed by both dividends and asset appreciation.
SIFT is supported by five different smart contracts at launch that are detailed further in our white paper. In addition to managing the token and ICO, contracts exist to allow shareholders voting decisions in the future direction of the fund, to pay dividends and to expose transparency information about money held by the fund. Bank account balances and trading fund account balances will be published to the blockchain daily with read-only API keys made available where possible. Once per quarter these figures will be externally audited and the results of audits made available immediately.
Smart Investment Fund itself will make money by a management fee applied to the fund. This fee is only charged when the fund makes a profit and the fee is capped to never exceed a percentage of gross profit. A full breakdown of the profit calculations is detailed further in our whitepaper.
We’re really excited about bringing the benefits of our proprietary Smart Volume Analysis to crypto-currency trading. There’s a lot more information in our white paper for additional reference and we’d love to answer any questions that you may have.
FoundersJames May started his career as a trader in the 1980s working in Wall Street. After several successful deals and working with many IPOs he retired from trading before he was 30 and became an early investor in Netscape at the start of the web. Over the past twenty years James has worked with numerous internet-based startups and grown the Smart Trader business. Having developed Smart as a product initially for forex markets, James adapted the trading algorithms to crypto currencies in 2013 and has been working towards this product launch ever since.
Guy Powell has worked as a software developer and architect for some of the world’s largest technology companies as well as launching businesses in the music and retail sectors. His work has covered everything from mobile apps to architecting security systems for government agencies and everything in-between. For the last year he has spent his time working with James on the launch of the Smart Investment Fund and undertaking a PhD in robotics and artificial intelligence. His interest in crypto-currencies started in the first days of Bitcoin and he has been writing software that integrates with blockchains since 2012.
A lot more information on our founders is available in our whitepaper.
Links and DownloadsInvestingOnce the IC opens you can invest in SIFT either by downloading the Windows desktop application from our website or by sending a balance of ether directly to our smart contract. The address of the ICO smart contract is 0xf8Fc0cc97d01A47E0Ba66B167B120A8A0DeAb949 and the ICO is now open.
Please note this is not open for investment to individual US investors - see our site for more details.Contact DetailsYou can reach us either through this post or via e-mail at
[email protected]. We are happy to speak with investors large or small and are available on various other social media sites: