CoTrader: The Uber of Hedge Funds

What’s CoTrader?

Let’s start saying that the global hedge funds industry is estimated to be around $85 Trillion and CoTrader wants to disrupt this environment.

CoTrader is a Blockchain Platform, which points to become a marketplace where anyone can create/join a cryptocurrency hedge fund, setting their fees and checking the past ROI (Return On Investment).

How it Works?

We have two main figures, the “Cotraders” and the “Traders”.

Ø Cotraders: who invests in the funds;

Ø Traders: best fund managers who trades with the funds;

The best thing is that CoTrader decouples the funds management from custodianship, allowing the investors to withdraw their funds whenever they want.

What’s supported on CoTrader?

On CoTrader will be supported all the ERC20 tokens and it’s planning to support all cryptocurrencies and ICOs, stocks, shorts, derivatives, and tokenizing all assets on any exchange, via it’s smart escrow protocol.

Token Sale Details

Ø Total Supply: 100 Billion

Ø Hard Cap: $10 Million or 30 Billion Tokens

Ø Pre-Sale Bonus: 20%

Ø ICO Price: 1 ETH = 1.000.000 COT

Team

Advisors

RoadMap

Ø August 2018: Prepare the seed sale;

Ø September 2018: Token distribution;

Ø October 2018: Main sale, UX improvements;

Ø November 2018: Extend support to Bancor;

Ø January 2019: Work towards smart escrow exchange;

Ø March 2019: Assess next platforms to support EOS, Photon, Hashgraph, etc;

Ø April 2019: Research broader asset support;

Ø June 2019: Work towards privacy for fund managers.

Conclusions

The project has a big team and that’s a big pro, also the transparency and flexibility towards the investors will give a positive impression of the platform in its adoption. The idea is not new and that’s the first obstacle to overthrow since there is already competition in the space.

CoTrader needs to get the community trust with a good and functional MVP, until then, it’s just another ICO making promises; the community needs to see those expert fund managers and if they truly can provide those good profits, saying the investors can withdraw their funds anytime is not enough, we know how easily come the losses. Time will tell.

Whitepaper

Contacts

Ø Website:https://cotrader.com/

Ø Telegram: https://t.me/cotrader

Ø Facebook: https://www.facebook.com/cotrader

Ø Twitter: https://twitter.com/cotrader_com

Ø LinkedIn: https://www.linkedin.com/company/cotrader/

Ø Reddit: https://www.reddit.com/r/cotrader/

Ø Medium: https://medium.com/@cotrader.com

Ø YouTube: https://www.youtube.com/c/cotrader

Ø GitHub: https://github.com/CoTraderCore/token-sale

Marco Di Maio - Cryptocurrency World News

Written by

English - Italian Translator, Cryptocurrency Investor and Advisor, Gym Instructor.

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