Hello everyone, this is Nabeel, one of the founders of Trackr. We have been developing a project for the past two months with some great ideas and we'd like to announce our altcoin, ('TKR') to you that will be used to fuel the app and its development.
What is the project?
Trackr is a mobile application (for iOS/Android/Windows) which offers real-time alerts on cryptocurrency market shifts as they are about to happen. The Trackr app offers an all-in-one interface to view and manage your portfolio, predicts cryptocurrencies deemed safe for investment (based on historical analysis and current market trend) in addition to allowing users to set up watchers to alert on various cryptocurrencies based on their invocation criteria. Furthermore, Trackr will also use historical data models and apply machine learning to obtain prediction models for cryptocurrencies and portfolios.
How does it benefit me?
New players to the cryptocurrency market may be reluctant to invest due to the lack proper analysis and knowledge in the field, while some invest a small amount to test the waters. Unfortunately, the increase in value of cryptocurrencies also attributes directly to the amount of fraudulent schemes that are prevalent, as is also the case outside the cryptocurrency world. Most investors often invest blindly based on unwarranted media hype, attractive schemes (using flattery to convince the investor) and false promises among other things. Trackr aims to alleviate all of the aforementioned issues and provide useful insight to the users that they can rely on and trust.
What services does it provide?
- Streamlined Dashboard
Track your wallet addresses and individual cryptocurrencies, and view your portfolio value against purchase and market price using real-time data -
Analysis and InsightsPerforms analysis and provides insights on existing cryptocurrency trends based on your selected preferences
-
Trade Impulse RecognitionAutomatic alerts for sudden trade events that might indicate profitable trade opportunities
-
Watcher AlertsIntelligent notifications that trigger based on certain conditions that you specify for cryptocurrencies and exchanges
-
Machine Learning PredictionsEnjoy cryptocurrency and portfolio prediction models derived from historical data using AI and machine learning
-
Scalable InfrastructureWhether you set up 10 or 10,000 watchers, our system will scale dynamically to meet demand
FAQ
How is this different than other trackers? Is this profitable?We aim to provide a very comprehensive management and alerting system, in addition to your custom alerts (based on a whole range of customizable criteria) the Trackr app will also provide out of the box alerting depending on certain algorithms we have in place to detect sudden market trend. We estimate that users can profit anywhere from 15% to 20% depending on their comfort zone.
One of the
key things we'd like to mention is that we do not store ANY of your data other than Watchers on our servers.
Machine learning based predictions?Trackr will use historical data models for the majority of cryptocurrencies and apply machine learning to obtain prediction models by finding patterns in existing data.
Initially, we will train the algorithms based on data sets, then we will generate prediction models and compare them against the expected values. This process repeats until we're at a comfortable level of accuracy.
Why do you need funding for this project?Our primary goal is to keep developing this application and continously add features that the community likes to see. Server infrastructure can be very expensive depending on the amount of traffic and ultimately we'll want to expand our team.
For a more detailed answer please see the whitepaper.
Will this app be accessible without requiring a subscription?Definitely, we will provide a 'free tier' option that allows all users to use this application. However, there will be some limitations to the features they can access.
The alpha version will have all features unlocked, when the subscription model has been introduced some features will be restricted or reduced (these will then require a nominal fee payable monthly using the 'TKR' token). This process wil be made easy by providing a smart contract to renew your subscription that automatically credits your account.
Why do you need a token for this project?The token will be basis to provide services on the application. We're still finalizing the details on exactly what features will fall under the subscription model, and will share more information in due time.
We will also be launching an online portal for any TKR token holders, they will be able to directly influence key decisions and vote on future additions/ideas for Trackr.
When is the ICO and how do I contribute?The ICO will be launching on Wednesday, during the month of August 2017. The ICO crowdsale will run for 30 days or until the cap has hit (whichever is first).
The Trackr token, ('TKR'), is an ERC20 token that will be issued as soon the contribution has been made through a smart contract. You can only contribute using ETH (Ether). A more details web page, closer to the ICO date, will explain where and how a user is able to participate in the crowdsale.
ICO Details
The crowdsale period will start in August 2017 (date to be announced) and will last for exactly one month.
A total of 65 000 000 TKR tokens will be in existence whereby 90% is allocated to the ICO campaign, 5% to the bounty campaign and the remaining 5% to the team. An additional 500 000 TKR tokens will be available for the purposes of exchanging pre-ICO tokens to ICO tokens.
The Trackr token, (’TKR’), will be distributed at a rate of 5000 TKR tokens for each (1) ETH to all contributors during the ICO. A total of 58 500 000 TKR tokens are made available for crowd funding. There is a bonus allocation depending on the contribution date, which is as follows:
- Contributions made in the first 48 hours of the ICO will receive a +20% bonus.
- Contributions made after the first 48 hours until the end of the second week (14 day period) will receive a +10% bonus.
- Contributions made during the third week will receive a 5% bonus.
- Any contributions made outside the aforementioned periods will receive no bonus allocation.
The minimum amount of Ether that can be sent to the smart contract is 10 Finney (0.01 Ether).
Remaining tokens will be destroyed, this emits an event on the blockchain for people to track Pre ICO
Before our initial ICO we want to assess interest and provide early investors with a bonus. We will be holding a small pre-ICO on Wednesday the 12th of July 2017 at roughly 12 PM UTC lasting for a total of 5 days.
- The Pre ICO will use the token denomination TKRP
- One TKRP is worth 1 TKR
- A total of 500 000 (50 Ether) TKRP will be available
- 1 ETH (Ether) will yield 10 000 TKRP, a 200% bonus.
A transfer function will be available on the main ICO to facilitate the exchange of TKRP to TKR tokens at a rate of 1:1 for the duration of the ICO. Any questions please feel free to ask on Slack, on this thread or simply e-mail us at team [at] trackr [dot] im, the bounty campaign will be posted shortly. Please try to avoid PMing as there's a limit on the messages per hour, so we can not guarantee we can message you back.
Please note that we will have an initial alpha version sometime before the main ICO for users to test out, we're currently polishing up and finishing some integrations. This will not contain the full functionality yet, we're still working towards it as much as we can and will keep you guys updated.