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LUCRE - Algorithmic Trading Platform on a Blockchain Network


STARTER INFORMATION
The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is LUCRE, an exclusive automated trading system & signal service for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies.
VIDEO PRESENTATION

OVERVIEW OF LUCRE
LUCRE is an exclusive automated trading system & signal service for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. It is developed by a team with 8 years of algorithmic trading experience. Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE algorithm was build on a philosophy - Don’t HODL; Trade! allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market is going south the algorithm attempts to make profit by shorting it. Lucre Trading Algo will be running on a Metatrader trading platform. Token sale participants will get an LCR token which will track the performance of the Algo. The price will be updated regularly to accurately reflect the value of the underlying Crypto assets being traded by the Algo.
The Vision
It is to create currencies a long-awaited, sought-after, safe, fast, cash-free, suburbanized, and one-source world KYC resolution for several, if not all, casinos, sportsbooks and card rooms.
To HODL or not to HODL - the age-old question, crypto-fied. HODL may have come up as a mistaken spelling of “Hold” but it was quickly embraced by the crypto community and, like many other things in the crypto world, took on a life of its own. From humorous beginnings to classic internet memes, HODL has swung back and forth in debates. Should you HODL crypto or should you trade it? In other words, should you keep your crypto as a long-term asset or you advantage of volatility in both directions?
Don’t HODL; Trade! Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE has been building a trading algorithm (Algo) which tries to outperform the performance of just HODLing the Cryptocurrencies. The trading is done both ways long and short. Even when the market is going south the Algo attempts to make profit by shorting it.
The Advantages
LUCRE Token’s value is not based on speculation but rather the product benefits and net asset value backed by the performance of an algorithmic Cryptocurrency trading with real funds. LUCRE’s utility token is called LCR. It can be traded at any time, holdings are fully transparent.
LUCRE trading system is developed by a team with 8 years of algorithmic trading experience. The trading strategy utilizes complex quantitative models and algorithms.
The LUCRE token has certain major components that makes it a unique platform, which are:
A signal service that allows the platform to receive trading signals which are 75% accurate and gives traders a heads up on what to do with their coins.
A fully automated trading system that allows to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer.
A trading pool where all tokens are deposited and managed by LUCRE’s unique algorithm and trading team.
The developing team, have 8 years of algorithmic trading experience, and the strategy they have come up with, utilizes complex quantitative models and algorithms. Operating on the blockchain allows for global accessibility of the platform, uninterrupted trading, transparency and a public verification of LUCRE’s trading performance. Since the formulated algorithm runs automatically on a trading platform, an individual does not necessarily need a special skill to carry out trading activities.
Once the trading rules have been established, the algorithm tends to monitor the market to find “buy or sell” opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In the event that the trade moves against the trader, these instant order entries that are set will help in distinguishing the difference between a small loss and a catastrophic one. The trading algorithm will be taking long and short positions and bet in both bull and bear markets, thus diversifying and optimizing the portfolio performance of each user.The trading process of the platform is illustrated below;

The Lucre Crypto Performance Features
Trading on the platform allows for both long and short-term trades. One of its biggest appealing strategies is its ability to create revenue, regardless of the prevailing market conditions. This means that traders will be in a position to buy and sell, regardless of the opportunities that are prevailing in that market. Its top features include:
Signal Service
Traders get to receive high-quality close/sell/buy alerts. They also get exclusive trading signals coupled with a seventy-five percent trading accuracy. This means that they can use these signals to trade on any exchange or with a broker they prefer.
Automated Trading
The platform has a fully automated trading system that is compatible with all Forex CFD brokers and cryptocurrency exchanges. You can use your LUCRE account to connect with these exchanges and move your money seamlessly without any worry.
Trading Pool
All the LUCRE (LCR) tokens that get deposited into the trading pool are to be managed by the platform algorithm. The trading team will also assist in the management of these tokens.
TOKEN DETAILS
Token symbol = LCR
Full Token name = LCR token
Total supply = 12,500,000 LUCRE tokens
Pre-ICO price = 1 LCR = 0.77 USD
ICO Price = 1 LCR = 1 USD
Minimum investment = 0.1 ETH
Platform = Ethereum
Hard cap = fixed, $7,000,000
Soft cap = $2,000,000
Minimum Raise: $2 000 000 USD
Maximum Raise: $7 000 000 USD or 10 000 000 LCR Tokens (whichever happens earlier)
Token Distribution

The token sales facility will be used for two main purposes:
Complete LUCRE Trading Algo development (complete testing, add various cryptograms, optimize performance, and implement automatic trading with various Crypto broker APIs when they are available and stable).
Use 40% of Token sales funds to trade Cryptocurrency currencies with brokers and share profits with participants in Token sales. Small shoulders will be used a maximum of 3 times. Trading will be carried out in both directions for a long time and in a short time, depending on the direction of the market, which was discovered by LUCRE Algo. Each order has a predetermined termination and stop profit and profit from profit.
Road Map
December 31, 2017
Own trading company FX Trading was created
The first Algo deal was created for the major currency pairs
FX-trading open to customers
Initial research and development for cryptothermines
June 30, 2018
Develop Smart Contract
Conclude Smart Contract and develop a dashboard
September 30, 2018
Participants in the "white lists"; Run the Bounty program;
December 31, 2018
Token Presale
LCR Token Sale Event Launch
June 30, 2019
Public launch on stock exchanges
The final improvement in the trade of Algo
December 31, 2019
Starting the autorouting service (beta)
March 31, 2020
The final release of the version
Meet The Amazing Team
Ganesh Puri: CEO, Founder
Aksana Papovich: CMO – MBA
Harjit Singh: CTO
Emerson Cruz: Algorithmic Trading developer
Aman Sidhu: Blockchain Developer
Vishal Jaggi: Frontend Developer
Arjun Puri: Developer Intern
Yogesh Gautam: Legal Consultant
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://www.wearelucre.org/
Ann Thread: https://bitcointalk.org/index.php?topic=5046049.0
Whitepaper: https://www.wearelucre.org/wp-content/uploads/The-Lucre-Manifesto-V1.4.pdf
Facebook: https://web.facebook.com/LucreOrg/
Telegram: https://telegram.me/WeAreLucre
Twitter: https://twitter.com/we_are_lucre
LinkedIn: https://www.linkedin.com/company/lucre-global/

Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.

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