Hatchworks (spectre.ai) — Spectre.ai lifts-off & commences journey.
It’s been a long road with many a moving part, variables and a cryptocurrency industry that sees its goal posts changed on a weekly basis. Despite this, we are pleased to announce the launch of Spectre.ai in real-money mode tonight, in a timely manner as part of our roadmap.
Being the first broker-less retail trading platform offering an asset/contract class never before seen, namely Digital Contracts, we are cautiously optimistic as we use the first month of April (in our private real-money stress-test for 100 traders) to iron out any teething issues before firing both our primary engines and boosters and thereby lifting all trader-acquisition caps, in May.
In April, traders will be testing both, the fully decentralised Wallet accounts which allow traders to trade Digital Contracts directly from their Ethereum wallets versus our multi-million-dollar DALP (decentralised autonomous liquidity pool) or peer-to-peer and the Regular account, by depositing at a cryptographically secured smart contract onsite and trading against the DALP or peer-to-peer. We are rewarding the trader with the highest volume generated in April, $5,000 in cash and between $50–250 per qualifying bug. The broker-less trading era is here and this brings us one step closer to a fraud free world in retail trading.
The first 100 testers will be testing the account opening process, automated on-site KYC with Jumio, trading from their off-site Wallet accounts or onsite Regular accounts, SXUT token privilege unlocks, onboard trader risk management, withdrawals (for wallet accounts) and more. April will see further additions such as our financial education portal and the SXDT dividend withdrawal locker.
In mid April, we also expect to commence work on CASET (Creation of Account, Storage, Exchange and Transaction Mechanism) which we expect to not only be an industry first protocol to allow for seamless opening of cryptocurrency trading wallets using fiat, but also to exchange trading gains that may be in cryptocurrency back into fiat, in order to hedge FX risk and more. Finally, we are using April to continue to fill-up our affiliate whitelist and will open the affiliate portal backend towards the end of that month.
In early May, we expect all trader-caps to be lifted and with the installation of CASET, the true scaling of Spectre.ai to commence.
For now, time for Spectre.ai to first reach low earth orbit.
Team Spectre.ai out
Warning: The information contained in this post is not a solicitation to invest in or trade at Spectre.ai. U.S citizens are restricted from participating in any Spectre.ai products and technical measures are in place to ensure these blocks remain in place.
