Q&A session with Tradingene - first blockchain based marketplace of trading algorithms supported by Waves Lab
#tradingene #tradingeneration
Hello, guys!
My name is Jane and I am from Waves Lab
Today I would like to introduce you our new participant Tradingene!
It's great project which will have ICO in several days! 20th of March!
We will have Q&A session with them now during 45 minutes and you can ask all your questions about the project.
Here online with us Sergey Kuzmin @s_kuzmin - COO & Co-founder and Roman Burtsev @RomanBurtsev - Business Development & Co-founder.
Q: White paper?
Lykacheva Evgeniy: You can have a look at their website and white paper:
website: https://tradingene.io
White Paper: https://tradingene.io/White_Paper_EN.pdf
1-pager:https://tradingene.io/1_pager_EN.pdf
Q1: Нow usual trader can use algorithmic trading if I used to make everything manually?
Q2: How will you provide the price growth token after ico end?
Do you have a plan to raise of the token price? I want to know the prospects of
token growth on the future exchanges.
Roman: Question 1: Тrading algorithms has a lot of benefits. First of all it doesn't get tired and is not emotional. That influences the result of trading
Question 2: We are now in negotiation with exchanges, and will make all and more efforts to popularize our product and increasing the number of our community, that will have the best impact to the price of our token
Sergey Kuzmin: Question 2: We feel a lot of growing interest from non professional market players for our product that will bring more users to our platform and will influence the growth as well
Q: What about pr?
Sergey Kuzmin: Do you interested in Tradingene PR campaign plans?
Lykacheva Evgeniy: Probably yes. can you tell more about your planned PR activities.
Promotion strategy involves all known PR and Internet marketing tools, including mass media publications, targeted advertisement in social media, context and banner
advertisement, work with leaders of opinions, etc. Cryptocurrency community and participants of financial markets will be well aware of the platform, that's
for sure.
Ivan Patchko: Experts who are well integrated in the media field. For example Tim Seymour
joins Tradingene's Advisory Board. Tim is a successful hedge fund manager and
trader frequently seen on CNBC's Fast Money contributor, where he is also
CNBC's Emerging Markets Contributor. Tim is also CIO of Seymour Asset
Management with over 20 years of experience in global and emerging markets
investment. Tim will help us evangelize the use of trading algorithms as an
investment product.
Q: There are lots of news from Waves Lab during last month. I will watch Tradingene website and ask some questions.
Roman: At our platform we plan to make an easy way to connect to the trading bots.
Q: Where can i see the live streaming?
Lykacheva Evgeniy: You can ask your questions here online their website and white paper are here website: https://tradingene.io
White Paper:https://tradingene.io/White_Paper_EN.pdf
1-pager:https://tradingene.io/1_pager_EN.pdf
Q: Make a screenshots?
Lykacheva Evgeniy: Unfortunately there is no video. But founders are here and can answer all your questions
Q: It is not the the proofs in the court if so?
John Milson: Probably i know the decision for u. Try this bot @SilrntNot123Bot . U can make a stamp on all ur chats and easily download them later. No matter if she deletes them u will have the evidence u were blackmailed. The company who owns that bot have
the law licence and such stamped conversation will be applied in a court
Q: Ok. It will apply both for fb and telegram dialogs?
John Milson:Yes. U could make a stamp on any digital data in internet via that bot, email, call, msg etc, whatever. No matter. For ur case it is perfectly suitable
Q: Technically tradingene will be a software to download? How Will It work?
Sergey Kuzmin:Our platform is only web one. you can create your strategies in the browser
Q: Good question! I am also interested in it. Should we download it or how it works?
Vitalii Cigulev: By the way, they have already working product actually
We can check the demo here - tradingene.com
Q: How much you are planning to raise?
Roman: soft 4, hard cap 24 mln
Q: Lets say you will gain lots of users, wouldn't that decrease profits?
Sergey Kuzmin: If your taking about user, algorithms developers, then their number won't affect the profits. The bigger number of developers lead to more variability among
algorithms and as a result more opportunities for portfolio management. In
terms of other users, investors, indeed this is an open question: what happens
if everyone uses algorithms? Fortunately, it's almost certain that we won't see
this. People trade markets not only to make money, they trade to gamble, to
gain adrenaline etc. We address only those who trade for profits. In this case
you can be sure that number of investors wouldn't affect markets so much and
decrease profits. By the way we also have liquidity ceilings for algorithms to
save their efficiency.
Q: Soon before another ıco from waves lab called sımdaq made hard cap, and it seems tradıngene and sımdaq smılar, ı don’t say smılar just it seems that way,
what ıs the maın dıfferences from sımdaq. are you rıval or wıll you work
together ? and how?
Sergey Kuzmin:Tradingene and Symdaq have different goals and are rather to be
called potential partners than competitors.
Symdaq is planning to make educational programs for traders with the further testing opportunities. Tradingene provides the ways to use existing strategies. It makes no difference for Tradingene the origin of these strategics. If after educational courses
and communication at Symdaq an algorithms creator will look for a possibility
to attract funds to trade with his algorithm Tradingene marketplace is the best
possible place to have them. Symdaq also plans to trade, in this regard Tradingene can act as algorithms provider for it. Tradingene does not plan to trade as a legal entity, so we do not need any licensing and we do not have any competitive influence to Symdaq. One of the long term objectives by Symdaq is to make a marketplace for algorithms in the far future. At the present there are no exact details of its structure available, just a reference that they plan to sell algorithms. Tradingene does not give a possibility to buy/sell algorithms, just to connect to its signals.
Q: Can you tell more about Tradingene solutions. How exactly you can help to traders
would have been nice to have little introduction about project itself instead of just
dropping links
Sergey Kuzmin:Tradingene is an auction based platform with blockchain technology. With Tradingene you can build a trading algorithm and raise capital or invest your
money into algorithms created by someone else. Our platform makes algorithmic
trading available on cryptocurrency and traditional financial markets.
Tradingene provides a number of essential features: easy-to-use advanced
web-based environment for algorithms creation, educational resources to cover
trading theory and blockchain datastore to ensure absolute fairness and 100%
transparency of our auctions.
Q: Technically tradingene Will be compatibility with simdaq platform?
Sergey Kuzmin: We are open for co operation with other platforms, as an example we are in partnership with BCT.IO, our algorithms will be traded at their terminal
Ivan Patchko:Also few words about other projects. We see our competitors in a number of fields. As a platform for the development of trading algorithms we compete with such projects as TradeStation, Ninjatrader, Tradingview, Bloomberg etc. These
platforms allow you to build a trading algorithm to run it later for your own
trading. There are also platforms that do more. These platforms give you an
environment and a possibility to attract capital for your algorithms. These are
Collective2, Quantopian, Quantconnect, Metatrader etc. Another type of projects
we see as our competitors are those that allow you to invest into PAMM-accounts
giving you the possibility to follow «successful» traders. To name some:
Metatrader, Zulutrade, Alpari etc.
And there is a number of vital differences between us and our competitors. We use the blockchain technology to implement a transparent business model. Beside, we don’t invest our own capital, so we don’t demand algorithms to have unrealistic parameters
and offer more opportunities to raise capital. Our environment is high-end and
free of charge. The same should be said about our learning resources. We test
all algorithms before an auction. Thus Tradingene decrease the number of scum
strategies which dominate other platforms
Q: Is your token Utility or Security?
Ivan Patchko: 100% utility.
Roman: We have a utility token. Token is used as a profit margin to guarantee future success fee payments to creator and the platform. It's also used as a means of payment for all the additional services (like advanced modeling and portfolio packages).
Finally, it is used to identify VIP clients that actively invested during ICO
stage and supported the platform. VIP status gives discounts on company's
services.
Q: Many pro traders say automatic trading is not a good option, why trendigene could be different? what can you say about this
Sergey Kuzmin:There are always different opinions and there is no single right solution. Some traders prefer manual trading and the reasonsay be different. Others prefer algorithms. Traders like Perry Kaufman, Ed Seykota, Jack Schwager prefer trading algorithms. They give you a better understanding of the probabilities that your
trading will work in the long run. If you use some techniques that cannot be
automated your better of without algorithms. If your strategy can be automated,
you'd better do this to exclude emotions and maximize probability of your long
term success
For everyone, who just
joined - we're holding a Q&A session ATM
t.me/Wavescommunity/360426
Q:How usual trader can use algorithmic trading if he used to make everything manually. from what they can start to trade and try algorithms?
Q:Yes, I am beginner in trading. Will you have any educational information?
Sergey Kuzmin: To become a creator please register at tradingene.com. Our platform is running in a beta now, being available for everyone. If you want to try your own
strategies, please send us a request via the tradingene.com/join
https://demo.tradingene.com/doc.
Q: Simdaq is currently still struggling (from an investor standpoint), what has Waveslabs learnt from the experience and do they have different plans for
Tradingene?
Vitalii Cigulev:it's temporary
with Simdaq, they wait for market stabilization then they go on big exchanges
and start market-making. They have a good plan, so it's really temporary
Q: Is WavesLab also planning to support other "kinds" of project? Or mainly
blockchain/trading projects?
Vitalii Cigulev:Blockchain and IT are our priority, but we can discuss a different kind
of cooperation with any projects We have many activities
for any project. We can do an audit of your ICO campaign, provide for you
technical solution for investor dashboard, mention you in our blog and social
media, and many others
By the way, I am COO Waves Lab
Inga: Do we need a Q&A Session with WavesLab team?
Yes! – 18
👍👍👍👍👍👍👍 75%
For sure, let's do it
asap! – 6
👍👍 25%
Not really
▫️ 0%
24 people voted so far.
Lykacheva Evgeniy: Thanks, Inga! our time is almost over, guys.
so lets ask and answer last questions. but you all know, we are all available and online. if you have any questions you can ask us!
about Tradingene in their official group: https://t.me/tradingene
about Waves Lab and our plans in our official group: https://t.me/waveslabchat
Q: As a trader what kind of indicators can I have
Ivan Patchko: Also we have Live Trading Show. It`s our own event where you can try to beat a trading algorithm in an interactive trading game, watch interesting interviews and
discover what it means to create a trading algorithm, where our team will program
a trading algorithm right on a stage.
https://roadshow.tradingene.io/
Also special video
bullets on our YouTube channel help you better understand the key ideas of our
project.
https://www.youtube.com/channel/UCEz83zeLCPHLlyy1mji7G0A
https://www.facebook.com/d10e.events/videos/1019347114897501/
STARTUP PITCH COMPETITION - d10e Seoul, South Korea
Live Trading Show video
will be bit later
#tradingene #tradingeneration