Here is another ICO that will be using blockchain technology to LEARN. SHARE. EARN.
It claimst to be the World's first virtual social trading platform for equities and cryptocurrencies powered by proprietary AI engine. Operating since 2014 with 100,000+ users across Asia.
SIGN UP FOR UPDATES ON THE ICO at their official page, https://trakinvest.ai/.
The platform is built on a learn, share, earn model, which aims to democratize equities and cryptocurrencies trading by equipping the average retail investor with superior insights and trading ideas generated by its AI engine.
TrakInvest is best set up to implement this project as, TrakInvest Pte. Ltd., already has a strong three-year track record and has built up a community of 100,000+ in Asia comprised of millennials with strong existing partnerships with corporates, universities, and governments in Asia.
The community continues to provide invaluable trading data, insights, and sentiments by actively trading on the platform. TrakInvest moves to blockchain and issues its utility TRAK token. The token utilities will include: (i) Tokenized data ownership, (ii) Tokenized reputation system, and (iii) Tokenized certifications.
In 2018, TrakInvest will introduce its second generation of “crowdsourced” sentiments tools and models developed using proprietary trading data and behavior collected over the past 3 years.
The ICO will allocate the 100% of TOKENs and apply 100% USE OF PROCEEDS for building the platform.
SOCIAL TRADING PLATFORM
TrakInvest is the world's first virtual social investment platform for equities. The platform combines social media and compensation-incentive based investing into a simple user interface, providing its user base a simple and unique tool to communicate and share trading activity on a real time basis.
The whitepaper states that the empowerment of individuals through automated systems and social networks is disrupting the traditional retail brokerage and investment management models. The industry has suffered from the loss of customer trust and low levels of retail participation given two key fundamental issues: (i) information asymmetry was driven by the fact that the institutional investor has superior information and analytical tools at their disposal vis-a-vis the average retail investor; therefore the retail investor is typically on the “losing” side of the trade and (ii) inherent conflicts of interest in the traditional financial services model. At its core, The TrakInvest Project is about “Crowdsourcing of Financial Wisdom” and rewarding the participants in its decentralized economy based on performance and insights.
The team is lead by Bobby Bhatia, who has 25+ years of Financial Services experience in private equity and investments. As the team looks solid and the technology and vision shows promise, do your own due diligence, this looks promising. White Paper with details and technical content is here.