Hey guys!
It's been too long but I’ve got another newcomer to the crypto scene to review today, TradeRiser, which is looking to to make the data analysis which traders have to continually conduct more seamless than ever .
Quick disclaimer: this project, like all I review, is new to the scene and is still under development so please always do your own research. Also remember this is my opinion and not financial advice; my articles and videos are for educational and entertainment purposes only.
Let’s jump right into it!
INTRODUCTION
TradeRiser is an Artificial Intelligence driven research assistant which aims to assist traders by reducing the amount of time spent on researching details concerning the crypto market, prior to trading. The system incorporates an ecosystem of workers to carry out tasks and reviews, using the blockchain. This project is aimed at becoming a one-stop-shop for all answers regarding trading questions, globally. TradeRiser can also educate users on how happenings and events around the globe affect the prices of assets in particular.
This sounds like a weapon of a tool to have in any trader’s arsenal, but why exactly do the team feel their solution is necessary?
PROBLEMS AND SOLUTIONS
(Good) traders spend an incredible amount of time when trying to figure out the complex workings of the crypto market in relation to trading; what investments to make, what exactly to trade in which direction and more so the invest strategy itself. This is what TradeRiser is aiming to disrupt. The solution hugely simplifies the task of searching for critical information; time spent on research concerning market questions is to be seamless using TradeRiser, reducing inefficiency and preventing data overload as information is properly structured within the platform.
Sounding like a trader’s dream, but exactly how will the TradeRiser platform work?
The platform is built on a base of blockchain technology, used to store information in a decentralized and evenly distributed manner. This whole process based on rules, which facilitate cooperation within the network and the sharing and storage of information between parties.
TradeRiser, through the use of their XTI token, utilize this infrastructure to create the necessary platform for content producers, financial analysts and research users to network and interact within the ecosystem. Further, there is a marketplace section which will facilitate payments being made for reports on specific desired topics, with an accurate record keeping in place to account for the whole process. The platform also includes inherent mechanisms to confirm that content producers and financial analysts in the ecosystem are always duly compensated for their input- a fair and reliable solution for traders and analysts alike.
SPECIAL FEATURES
The platform itself makes for an effective ecosystem for the research-heavy trader, offering features such as:
· Speedy delivery of answers; see an opportunity- check it out fast.
· TradeRiser will allow a broad range of questioning to facilitate all the enquiries a user needs to make about the best trading opportunities- trading decisions backed by data analysis.
· Users are able to utilize the statistical calculations from traders who have been in the business for a long time.
· Users also get intelligent analysis of news, and insight on how these events are around the globe may affect cryptocurrencies and traditional assets.
· The platform is also very useful for people who are new to the world of cryptocurrency; usually newbies to the trading world are easily wiped out by costly mistakes, but using TradeRiser instead of blindly making decisions, new get notified as often as possible about any new information concerning the cryptocurrency market, statistics and other related information.
Knowledge is power, especially in the trading space! And efficient, precise knowledge is even better!
TEAM & TOKEN SALE
The TradeRiser team is a group of individuals who have a lot of interest in business and cryptocurrency trading. The team seem committed to creating their solution in the best possible manner, having worked on the idea since 2016 to be where they are today- this is no overnight project!
Founded by Dennis Owuau-Ansah, the project has Kerrianne Bakken as the Social media manager, Daniel Jiang as the Head of Blockchain technologies and Sean O'Brien as the Business development manager, with a host of other team members and individuals working together to make trading within the cryptocurrency market easier- and more generally fulfilling- for users new and seasoned alike.
The project makes use of their XTI token, a token that is ER20 compliant. TradeRiser are conducting a token sale with 50% of their 500,000,000 tokens available for sale and a target cap of $23,000,000; they accept both BTC and ETH for payment.
As of right now I think TradeRiser are in their early pre-ICO stage with a significant bonus for contributors.
CONCLUSION
TradeRiser are developing a solution which is aiming to undoubtedly make the lives of traders easier- both seasoned veterans and newcomers to the scene.
The platform will make use of the knowledge and experience of seasoned professionals and successful traders within the ecosystem by incentivizing knowledge sharing. Agreements are also put in place to ensure that jobs sub-letted to these analysts and virtual assistants are followed through- the whole ecosystem has obviously been well thought out in terms of functionality. Blockchain makes this happen in a secure, efficient and beneficial way.
TradeRiser are proposing, and developing, a whole new visionary way for traders to go about their daily activities in an efficient and effective manner, and will certainly be one beneficial tool for the arsenal of any trader when the solution is fully up and running. I’ll be watching!
Big shout out to all of you guys for reading, especially anyone new, and be sure to follow if you want to see more reviews from me. I’ve got lots more insightful reviews on the way so stay tuned!
LINKS
Website : https://www.traderiser.com/
White paper : https://www.traderiser.com/sites/default/files/TradeRiser_WhitePaper.pdf
My Bitcointalk profile (datniccy97): https://bitcointalk.org/index.php?action=profile;u=2099905
