@everyone
SignalHub Beta registration is now back open! Those who didn't make it in the first time, here's another chance! : ) (and tell your friends, too!)https://dogec.io/beta/For all those who no longer know exactly what SignalHub is, what it should be and what advantages it brings to DogeCash:
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"As you may know we are already moving forward with our Trading Signals platform which will become the first tool that will fuel our economy and generate demand for our coin. It was chosen by the community between a variety of options and it will be a next generation platform featuring many innovative tools that will allow every trader out there to offer a professional and intuitive experience for investors to follow their signals.
It will feature a ranking system that will allow users to see clear stats about the traders accuracy and will allow users to choose the best performers to increase their chances of successful trades.
Users will be able to buy signals from traders and the platform will hold this payment as an escrow until the signal expires, then, if the signal is successful, the payment will be released to the trader, otherwise, if the signal failed, the payment is reimbursed to the user’s account. This will encourage traders to post signals that they have analyzed in depth.
It will be connected via API with every major exchange such as Binance, Bittrex, Bitfinex and the infamous Bitmex. More and more platforms will be added down the road.
The connection to those exchanges will be only to monitor coin performance, however no trades will be handled directly from the platform.
We are aiming to release mobile and desktop experiences, so traders can post signals on the go and so users will also be able to purchase signals and interact in a convenient way. We will first focus on a desktop platform and once we launch it we’ll move on to create either native mobile apps or a robust responsive version of it.
Many of you have asked how will this platform generate demand for DogeCash. It is very simple.
The platform will accept any major cryptocurrency including DogeCash. Once we close each month, all the profits after taxes and expenses will be reinvested into buying DogeCash from the market. We are also evaluating the possibility of streamlining this process by integrating atomic swaps into the checkout process.
What will we do with the DogeCash purchased from the market?
1.- We will do coin burns with a percentage of it.
2.- We will airdrop a percentage to Masternode holders.
This way, holders will get the benefit of a platform generating constant demand for the coin while reducing supply constantly and Masternode owners will have the added benefit of receiving additional coins on a monthly basis.
There are many things to do in order to get this platform out including lots of legal paperwork. We need to constitute a legal company in order to integrate fiat payments into the platform. We are already working on it. We are also waiting to receive our Trademark ownership card that will enable us to create a wide serie of products around our brand, it should arrive during January.
Other than this, we want to thank you for your constant support and we want to apologize if you have felt there have been a lack of communication from part of the team. We’ll work on it so you can all stay up to date more frequently.
DogeCash™
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