Two of the most talked about technological revolutions going on at the moment are in the fields of Artificial Intelligence (AI) and cryptocurrency.
The latest ICO we are going to take a look at combines them both into a complete cryptocurrency trading platform called FTEC.
They are aiming to bring a complete ecosystem for crypto trading including bots, arbitrage, signals, training, neural networks and everything else you would need to become a successful trader.
The idea behind it is for traders with any level of experience — both experienced traders and beginners — to use the tools at their disposal on the platform to improve their trading. Ultimately FTEC want to reduce the number of unprofessional traders around the world.
Below let’s take a look at what FTEC is all about, how the platform will work and details of the ICO.
The team behind FTEC had been involved in cryptocurrencies and trading for a number of years. They already have existing services in the form of coinbot.club and cryptoangels.io, which will be the basis for the FTEC ecosystem.
FTEC is based primarily on the Smart Trading System, a set of 12 specific features which are designed to help the trader. These 12 features are as follows:-
So as you can see from that list of 12 features FTEC will be a very comprehensive crypto trading platform with a wealth of tools to assist the trader.
Their tools already work with some of the biggest exchanges including Bittrex, Binance, Poloniex, Yobit and others.
The FTEC Token will be required to access the FTEC platform and then additional tokens will be paid for accessing various services on the platform as described above.
There will be various advantages to those who purchase tokens in the pre-sale and main sale once the FTEC platform is launched and node holders, including:
Plus there will apparently be 12 more benefits to early adopters.
The pre-sale has already taken place and ran from 24th April to 22nd May 2018. There were 147,980,000 tokens available during the pre-sale.
The main public sale is due to start soon and here are the main details for it:
· Token: FTEC
· Token Type: Ethereum ERC-20
· Maximum number of tokens: 998 million
· Tokens available during main ICO: 700 million
· Token price: 1 ETH = 29,970 FTEC without bonuses (i.e. = $0.02 at time of writing)
· Soft Cap: 2,000 ETH ($1.2m)
· Hard Cap: 26,500 ETH ($16m)
· Sale starts: 20th June 2018
· Sale ends: 18th July 2018
The ICO has been reviewed by ICO rating sites and has received exceptionally good ratings. Here are some of the main ones:
Those are some of the best ratings we have seen for an ICO across the board.
The FTEC platform is looking like one of the hottest ICOs at the moment with a massive following on Telegram (over 37,000 members) and Twitter (over 29,000 followers).
They have already achieved their soft cap and with the level of interest in this project, it would not be a surprise at all to see them hit their hard cap well before the end of the token sale.
Although there are already some trading platforms out there, FTEC looks the most comprehensive and will provide some very useful features for traders to give them an edge in their trading.
The token model is interesting, with users being required to use tokens to access the platform and then pay for services on it. So if it is popular the demand for tokens could be very high.
How effective the trading platform ends up being remains to be seen, but certainly from what they have produced so far this looks like a very promising ICO.
Article by cryptodan21.