Drinking list
FTEC – an ecosystem of intelligent services and neural networks

FTEC is an ecosystem of intelligent services and neural networks for conducting effective trading activities on cryptocurrency markets. The idea behind FTEC is very clear and simple: to create a holistic ecosystem that will contain all the necessary tools for users with any level of experience and knowledge in the field of cryptocurrencies. They already have currently running projects based on algorithms for automatic trading on cryptomarkets, they gave us a great and valuable experience and therefore they moved on to fulfill more ambitious goals.

Problem

The key problem they faced in developing their first trading algorithms was order book limitation on exchanges. So if automatic module finds a situation when the user can get a profit on the market, it also needs to define a queue of people for whom purchase and sale will be made. As price is not a constant value and the price of further purchases increases after the purchase of the first user (because buying demand has risen), the next user will buy at a bigger price. So a potential profit of the last user is significantly lower. The same situation is during the sale process. Sale for the first user will be at the highest price and profit and for the last user – at the lowest price and profit.
They can use ecosystem’s tokens to solve this problem. Let’s consider what advantages their own token can provide.

Solution

Firstly, amount of issued tokens is constant. Thus, the possibility of additional token emission is liquidated. It means that every token holder can be sure that he can manage a part of tokens he bought. And secondly, they will have an opportunity to form a certain queue of
users because of uneven distribution of tokens between holders. In this case, any user can influence the position he has in the queue by changing the number of tokens he has. The user will be able to track his position in the rating by using the relevant tool in user’s account. The place in queue will be determined by the number of tokens on user’s balance within the system. Tokens, which are held on exchanges, will not be considered during the queue forming. Taking into account all above-mentioned factors, using their own token can solve fundamental problem and allows to form fair queue which can be influenced by users.

Opportunities

They already have currently running projects based on algorithms for automatic trading on cryptomarkets, they gave us a great and valuable experience and therefore they moved on to fulfill more ambitious goals.
The ecosystem offers a complex of 15 original solutions for:

  1.  Boosting your trading efficiency  (By using smart trading systems)
  2.  Saving your time (By using neuronetworks for information flow filtering)
  3.  Studying the specifics of crypto trading  (with the help of automatized cryptoacademy and broad database)
  4. Improving your trading strategies  (By using a smart system for analyzing your trading history on cryptocurrency markets)
  5. Minimizing the risks of the trading activity  (By using the tips of the automatic search for most profitable offers on the market)
  6. Receiving the latest trends in the industry  (By means of smart service for analyzing social networks and web search data)
  7. Closed beta testing of all developed modules.  (Some of the ecosystem’s elements are already available for testing for all users. They will give access to test ALL modules which are already in developing for users who bought tokens worth from 20 ETH.)

Utility-Token

Since order book of any cryptocurrency exchange consists of orders with different prices, automatic trading modules face a dilemma of priority of buying/selling order execution. Their own token can solve fundamental problem they faced and also gives token holders certain advantages. Due to a constant number of tokens, users will be able to influence their position in the queue by selling or buying tokens. The system will have a mechanism for calculating certain queue of users owing to the uneven distribution of tokens between holders. The place in this queue will determine potential profit of token holder because his orders will be executed earlier and at a more favorable price.


For more information, visit the Website or read the Whitepaper.

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