Topic: Spectre.ai information - Trading platform now LIVE! - page 120. (Read 89701 times)

Good news! A new powerfull member has joined Spectre advisors!

"Spectre.ai is pleased to add Scott Driscoll, both a prominent educator in Cryptocurrency education at Pluralsight and VR engineer at Foundry 45, as our third board advisor. He joins recently appointed JP Morgan veteran Sascha Berresch, CFA and Harvard/MIT ad-exec, Menelaos Skouloudis who are on the Spectre.ai board. Together with him, the group will be bringing virtual reality trading to the blockchain. Spectre.ai, being the first broker-less prediction market platform catering to digital options, CFDs and other contract types, will also set a new benchmark in how traders around the world trade. Our CEO, Kay Khemani commented “The installed base of HTC Vive, Sony PS VR, Oculus and other VR headsets is only moving in one direction: up! this represents an ideal opportunity to convert live OHLC candlestick data into 3d objects in 3d landscapes and allow traders to trade with a new level of immersion and feel for the market. Tie this to Spectre.ai’s broker-less technology, bring in social trading and it’s a slam dunk for traders."

"Spectre.ai enters virtual reality"

More info here https://medium.com/teamspectreai/spectre-to-bring-traders-into-virtual-reality-b2b1f33866f0"

Hiaco Taki thank you for giving us your feedback.  

 If anyone has concerns about Spectre we encourage everyone to visit our website spectre.ai or better yet simply stop in telegram.  We are always present.  The CEO Kay, is around 16 hours a day fielding all manner of questions.  Ask any one of the 2900 people in our telegram what they think of Spectre.  Or if you know any one of our 4800 plus investors get their opinions.  

I have investes in two other ICO's relating to Binary Options. And I have regretted this very much. These binary ICO's are popping up every day. Newest I think binary.com
So after investing I looked (to late) into this business and the potential.

THIS SPECTRE PLATFORM WILL NEVER WORK !! (of course they do not care, only if the ICO works)

1.  They say they will apply for a EU license
The 1st of January MIFID II will get in effect, meaning  95% of all EU countries will ban Binary Options. So this license is worthless. It can only be used in the EU.
US, Canada, Brasil and many other countries and continents have already stated that offering Binary options is illegal. Binary Options are dead !
>> clearly no real research was done or ignored

2.  Financial statement is total guess work (or just pumped up for this ICO)
All other Binary ICO companies have set out income and cost of running a binary platform.
Running such a platform cost a lot of money (especially marketing) and this all going to be paid for with a 2% margin , get real !
They state a client value of 2500, this is absurd. Not even the largest Forex brokers have such a value. Traders putting 8 trades every day ?? They do not go on holliday or take a break or stop trading...?
>> this team has no experience and is making up numbers

3.  NO CONFLICTOF INTEREST ??
Spectre is no broker, but it sure as hell is a counter party of their traders! Traders loose and the company wins.
If clients win, this Holy Grale (the liquidity pool) is going to get empty and this means no income for the company (or token holders) , so what is keeping them from rigging the platform ?

They say all brokers are scammers (which is true). But where do they get this winrate of 52% (needed for them to make a profit). This company has no experience in running a binary company, so these numbers come from other brokers (correct: scam brokers) And why is the win rate so low, because if the broker does not scam, the winrate will be much higher! 

4. Make a choice , token holders or traders !
Spectre is promoting the platform to traders and pretending that they will offer all the tools to be a successful trader. This is great ! For the traders, but not for the shareholders (clients need to loose to make money)
On the other side they promote ICO investors that they are going to offer a profitable trading platform, in which clients will loose on average 2500€ ..

So What is it ?

What is your goal, make us rich or make traders rich !
the only way both parties can profit if you are a REAL BROKER. A real broker earns on commissions, which means the more positions a traders opens the more commission you earn as a company and now you want the trader to win, as you will want him to place more trades
Great company to set out an ICO and not saying it is a scam, but they have no idea what they are doing and have no experience. (look at the team) and this platform will go bust on traders winning (thats what you want, right? )

We are not able to give any ROI projections as it can create a market distortion and is effectively akin to us steering the decision for the masses.

Firstly I'm very impressed at the activity of the Spectre team on this thread. This shows a team that cares about what they are doing and want to get people on board who are on the same page.

I have a query around the two token types and their indicated interest for the presale. Is the Spectre team able to let us know what level of interest there is in each token type? I note there is not a separate section for contribution for each token on their portal at this point. Just interested to see how investors are leaning. I personally am intending to get on board with Spec-D as I have no skill in trading.

SPECTRE, short for speculative tokenised trading exchange, is a financial prediction market platform backed by a tokenised liquidity pool.

Please watch this short 8 minute video. It will bring you up to speed on everything related to the story: https://youtu.be/D37kqqmhO2o

This video here explains how the dividends pay out as the platform grows: https://www.youtube.com/watch?v=vgYQQhs9lW4&feature=youtu.be

Also this 1 hour webinar where the Spectre.ai management team walk you through the dynamic forecasts model available on www.spectre.ai is well worth looking into https://youtu.be/NqwC6zwF4K8

this appears to be a competitor to BitMex.

The token structure is very unclear and confusing. Can someone provide me with a video or a calculation to show me exactly what I could potentially earn if I were to invest a certain amount of money i.e. 1 BTC for example?

Thanks.

SPEC has balanced supply of around 240 milion. this so important for me when i invest a coin. SPECTRE team works hard we know it as for me they must use social media more powerful. I guess the SPEC is a long term coin if we can be patient we will win!

Thank you for your response. I can not attend pre-sale. but if I can find the fund I think I will join the ICO. I will continue to follow

Pre-sale begins October 27th
Main sale begins November 17th

You can check out the one pager for quick information here: https://spectre.ai/media/spectre_one_pager_en.pdf

You can register for the pre-sale now at https://spectre.ai

All of the pre-sale details can be found on this blog post here: https://medium.com/teamspectreai/spectre-ai-ico-and-token-sale-process-1b9275774907

All people enquiring about ICO should really go into Spectre.ai website where the information is very clear, and the registration for it open already.

That being said, I really like this project and look forward to invest in both Utility and Dividend tokens, in a proportion I have yet to define.

The ico time is clearly specified ? It will be announced in the 4th quarter of 2017. I think there is not much time for ico if pre-sale is done succesfully.

I find that you deed a decent job with this project. I hope it works out for you.

Please watch this short 8 minute video. It will bring you up to speed on everything related to the story: https://youtu.be/D37kqqmhO2o

Can someone please explain to me in simple terms exactly what this ICO is offering and how I can gain good returns from it as an ICO investor?

The number is increasing.
I am glad that I just got verified as a whitelister.
With so many ppl applying for pre-sale, it is probable that some of them won't be verified.

https://medium.com/teamspectreai/spectre-ai-ico-and-token-sale-process-1b9275774907 this is from oct. 9th.  Here is the section your looking for.

"sale process which initiates on the 27th of October, 2017.

The below process has been modified to accommodate for significantly higher than forecast investor demand for Spectre.ai tokens at the pre-sale registration phase that began at the end of September. The modifications are conducted to include more investors into the sale so that they do not feel they missed out and to expand the range over which the 33% pre-sale bonus would be applied (previously there was a 33% bonus on funds raised up to $10 million, this is now on funds raised up to $15m), thereby resulting in the total removal of the pre-sale hardcap of $10 million. The total ICO hardcap of $30 million remains unchanged.

Whitelisting and Pre-sale Process

· In order to participate in the pre-sale, investors must register on our whitelist. The purpose of the whitelist is two-fold. First, to give to as many members of the community as possible the opportunity to purchase our tokens. Second, to ensure that we’re selling only to qualified, serious investors with a long term view.

· The registration form for the SPECTRE.ai pre-sale can be found on our website.

· SPECTRE.ai’s pre-sale will be based on a queue and entry to the pre-sale will be on first-come first-served basis. This is to maximize distribution and avoid network congestion.

· The pre-sale will be conducted in a phased manner. Emails will be sent to investors on October 26th (for actual contributions starting on the 27th) asking them to login at a specified time period in order to see the contribution address. Investors will be able to participate only during their allocated time slots and they will be getting a 24 hours window to participate. The exact times will be published on the aforementioned emails sent on October 26th.

· The pre-sale commences on the 27th of October and ends on the 5th of November. During the first 3 phases (each phase lasts 24 hours) all the people that white-listed their ETH address will be invited via email to a password protected area where they will be able to send their contributions. The 4th phase will start at the beginning of the 4th day and all people regardless of being white-listed or not, will be able to participate. (The pre-sale contribution ETH address will be published in a password protected area. This method of password protection provides the maximum level of security as the user is required to log in before the protected token sale address is displayed. You will have to use the email id and password you have entered during the crowd sale registration process in order to view the token sale address.)

· By the 23rd of October, investors will have to have specified the exact amount of ETH they wish to contribute in the pre-sale registration form. If during the sale they attempt to send a transaction with more than 5% less or more than 20% more ETH than indicated in the pre-sale registration, then the transaction may be rejected and the ETH will be returned to the contributor. (Instructions on how to handle gas will be published in a tutorial closer to the pre-sale date).

· The minimum contribution amount for the pre-sale is 1 ETH. There is no maximum contribution amount. The first 100 million tokens (c. $15 million in value) purchased in the pre-sale will carry with them a 33% bonus. Any additional tokens purchased during the presale will be sold with a 22% bonus. This means that if someone contributes, for example, 1 ETH to purchase 2.000 Tokens (as per the token price) before the first 100 million tokens are sold, then they will end up with 2,000 tokens plus 660 tokens; so in total 2,660 tokens. If their contribution happens after 100 millions tokens have been sold, then they will end up with 2.000 tokens plus 440 tokens, so in total 2,440 tokens.

· Each white-listed investor will only be allowed to contribute once during the first 3 days of the Presale. If they miss their chance, then they will be able to participate again during the 4th phase."

Pre-sale bonus 30% ? When pre-sale will start? No exact date yet?

Security Update: Our bug bounty aimed at rewarding successful bugs in our platform and hacks of our liquidity pool/trading platform goes live on 15th December. We are doing this in coordination with Mike B and other security team members. This is a VERY important read for those who want to know what measures our group takes to protect the liquidity pool and project and which attack vectors it has identified and addressed: https://medium.com/teamspectreai/spectre-ai-security-bounty-scheduled-6d3f4878dbd8

Look at this news!

https://www.leaprate.com/binary-options/broker/london-police-raid-20-binary-options-offices-day-of-action/

London Police Forces have apparently noted Spectre coming, and decided to help to DRAIN THE SWAMP...lol