🌟🌟🚀[ANN][TOKENSALE]🚀 TRADINGENE - ALGORITHMS MARKETPLACE

[Tradingene]

"Today, it is as difficult to find a profitable trading algorithm as an endangered species of snow leopard".

Ruslan Mikhailov, Head of Tradingene Market Research & Trading, live on Sochi Global Blockchain Summit 2018.

Full video from the Tradingene presentation coming soon.

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#tradingene #tradingeneration

[Tradingene]

A good question was asked by one of the Tradingene community members. ”What are the up-to-date and well-established methods for bitcoins classifications?”
We will answer on it in all details.
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Method #1. Digital gold

First of all, it may seem that the term "crypto-currency" already hints that bitcoin is a kind of analogue of the country's money symbol, i.e. monetary unit. Let's try to evaluate it as a currency, i.e. assume that the price of bitcoin is nothing more than an exchange rate. In this case, the classical theory of finance, based on the absence of arbitrage, suggests that we start with purchasing power parity. Well, we have defined the equation, but can we apply it? The answer is "hardly". First, bitcoin is not a monetary unit of any country.

If the crypto currency is not money, then what is it? At the annual IFTA conference held in Milan in October 2017, Ferdinando Amertano argued that bitcoins have much more in common with gold than currency. We must say that this position has many arguments to call bitcoins - "digital gold". The fact of the limitation of both already gives them more in common than all the arguments in favor of the currency.

At the current stage, we have only one type of financial instruments - equity (we do not consider debt and derivative financial instruments, since the bitcoins have nothing in common with them even at the most fundamental level). How can we assume that bitcoin is an equity instrument? This crypto currency can be characterized as a share in a system that has a known limit. But again, to assess how an equity instrument is impossible - there are no cash flows, when liquidating its value is zero, it is difficult to determine the value of a balance sheet or similar market purchases.

Now, we think it's clear that bitcoin is an independent phenomenon that has no analogues. What we are seeing is a paradigm shift, rather than just an innovation. In academic literature the term "commodity money" gets its’ popularity. This is a completely new market, which at the moment is a big mystery, including its’ fundamental values and price forecasts.

#tradingene #tradingeneration

[Tradingene]

Six favorite books by Tradingene CEO and Co-founder Daniel L. Wolfe
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Liar’s Poker and Flash Boys, Michael Lewis. Liar’s Poker, based on Lewis’ time on the legendary bond trading desk at Salomon Brothers, is one of the first books that brought the opportunities in investment banking alive for me. Like all of Lewis’ work, it is impossible to put down. Lewis also demonstrated his uncanny ability to set out complex financial transactions and markets in clear, understandable terms. I read everything he writes; Flash Boys, Lewis’ story about the takeover of
 American markets by high-frequency traders — in collusion with both exchanges and regulators — is another must-read for those seeking to understand today’s capital markets.



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Clicks and Mortar: Passion Driven Growth in an Internet Driven World, David S. Pottruck and Terry Pearce. Pottruck was President and Co-CEO of The Charles Schwab Corporation (itself an insipiring business) when he and Pearce wrote this book in 2000. I was living in Silicon Valley, experiencing the dizzying changes brought on by the Internet era firsthand. The beauty of Clicks and Mortar was its focus on the importance of corporate culture and values-driven management — age-old values — in a time of rapid, dislocating change. The book confirmed for me that the passionate pursuit of a shared mission creates business success. I believe the changes the blockchain will bring are no less profound than those the Internet brought and the insights of Pottruck and Pearce are as relevant today as the day they were written.

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The Power of Now, Eckhart Tolle. Tolle writes about learning how to live in the present moment. His amazing book helped me to understand how my mind works, making it possible for me to turn off internal noise and live fully in the present moment. Tolle’s clear, kind work explains better than I ever can the power of living consciously. I meditate daily, and The Power of Now is the best explanation for the power of this ancient practice. It’s the book I recommend most often.

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Pattern Recognition, William Gibson. Gibson coined the term “cyberspace” and his science fiction, cyberpunknovels are renowned — and properly so — for their visions of the future. Pattern Recognition was his first book set in the present. It is one of my favorite novels (and I read a lot of novels, as they help me recharge from my hectic schedule). This story moves between Tokyo, Moscow and London, showcasing a kaleidoscopic array of characters in our modern world. He deconstructs many disquieting elements of our modern world, including rampant consumerism, the loss of privacy, and the fetishism of celebrity. The heroine of the story also has an amazing job: she’s a highly sought after “cool hunter” who hates brand names. I have already read this poetic novel three times, and I am certain I’ll return to it again.

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Growing a Business, Paul Hawken. Growing a Business was the first business book I ever read. It’s an amazing story of Hawken’s founding and management of a successful health foods business. Hawken clearly and confidently explains the challenges of entrepreneurship, sometimes with surprising insights. One of my favorites: business often fail because they have too much money, since this keeps entrepreneurs from being focused on keeping costs under control, knowing where their revenue will come from and making sure they know where their profit comes from.

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Sapiens: A Brief History of Humankind, Yuval Noah Harari. Harari’s sensational book is an anthropologist’s attempt to explain why Homo Sapiens came to dominate our beautiful little planet (especially since there were at least six hominid species). His answers are often surprising, and always provocative. The book helped me better understand humanity, opening my eyes to many aspects of human society both past and present. One of the greatest insights was the importance of “shared fantasy” in human culture. This is the basis for money, of course, something that bears considering as we enter the age of cryptocurrency.

#tradingene #tradingeneration

[Tradingene]

https://capital.com/are-cryptos-in-danger-of-respectability

#tradingene #tradingeneration

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[Tradingene]

What are the up-to-date and well-established methods for bitcoins classifications?

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Method #2. More efficient variant of fiat currency

To date, there have been several attempts to somehow determine the fundamental value of bitcoins in academic literature. For example, Yermack (2013) expressed an opinion that bitcoin has no intrinsic value at all. Jenssen (2014) argues that value of bitcoin is related to computer labor power required to produce it. A little later, Garcia, et al. (2014) stated that the estimated cost of mining bitcoin should at least serve as a lower boundary for its’ fundamental value.

Woo et all. (2013) put forward another hypothesis that the fundamental cost of bitcoin is based on its’ money-like properties. A similar theory was expressed by Polasik et al. (2014).

The last two theories — determination of fundamental value on the basis of computing power required to produce bitcoins, and the demand for a given crypto currency as a mediums of exchange, are of the greatest interest at the moment. The reason for this is the possibility of constructing mathematical and economic models for formulating and estimating hypotheses of bitcoin cost.

Regarding computing power, the most interesting work, in our opinion, is the work of Adam Hayes, published in 2015 under the title: Cryptocurrency Value Formation: An Empirical Analysis. Leading to a Cost of Production Model for Valuing Bitcoin. In this article the author formulates econometric hypothesis, and then creates a regression model to validate the hypothesis. The author tested the model on 66 most popular crypto-currencies and obtained interesting results.

Adjusted coefficient of determination was 0.83, which is quite high and reflects the model’s credibility. Omitting statically insignificant regressor (there were 2 of them in a model), the model looks like this:

ln (price) = -9.68 + 0.67 * ln (GC / s) — 0.98 * (Coins / m) + 7.43 * (algorithm type), where

GC / s — computational power in gigahash per second;

Coins / m — the number of new coins per minute (division of block reward by time between blocks);

Algorithm type — a dummy variable (0 if SHA-256 is used, 1 if scrypt is used).

It is interesting that all the signs of coefficients under regressors are confirmed by a priori judgments about their effect on the price. For example, a priori judgment on the influence of computational power can be formulated as “the more powers are involved in calculating 1 coin, the more it costs”, i.e. relationship is positive. The sign of “coins / m” regressor reflects the effect of diminishing marginal utility. Type of algorithm reflects the effect of a more efficient algorithm (scrypt, which corrects some of the shortcomings of SHA-256).

Thus, Hayes built a fairly reliable model for estimating the value of the crypto currency. The question of its predictive ability is still open, but the model itself is sound and logical.

#tradingene #tradingeneration

[Tradingene]

Korea Blockchain Symposium is a monthly event in Seoul, being organized by SYNCO Investment.
Every month Symposium gatheres more than 1000 attendees.

#tradingene #tradingeneration

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[Tradingene]

https://www.youtube.com/watch?v=JGNjK5RKUBk&t=12s

#tradingene #tradingeneration

[Tradingene]

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Method #3. Medium of exchange

An alternative method of determining the fundamental value is much less developed due to its complexity and inability to fully collect all the necessary data. We are talking about the hypothesis of determining the fundamental value based on demand for crypto currency as a medium of exchange.

The most interesting, in our opinion, interpretation of this approach is reflected in a series of lectures by Princeton University on the topic of cryptography and bitcoins.

The economic model, presented by Pr. Edward Felten, is based on the following assumptions:

1. Demand for bitcoins is based on the need for transactions (as an alternative to fiat transactions) and the investment attractiveness of bitcoin;

2. The supply of bitcoins (without taking into account bitcoins, which are retained as long-term investments) is a constant value;

3. Transactional demand for bitcoins is determined by the sum of the fiat currency unit, to which the transaction is to be made at that moment and the bitcoin transaction rate.

Given the assumptions, we get that the number of bitcoins available at a given second can be expressed as:

S/D`

where S is bitcoin supply (in bitcoins), and D is the duration of the bitcoin transaction (in seconds).

The number of bitcoins needed at a given second can be expressed as:

T/P`

where T is the transactional demand (in dollars per second), and P is the price of bitcoins (in dollars).

Adopting the form of equilibrium in the market, we can conclude that:

S/D=T/P, or P= (T*D)/S

Assuming that the supply of bitcoins is constant, just like the length of the transaction, we can conclude that the price depends only on the transaction demand. Evaluation of transactional demand can be used to determine the fundamental value of bitcoins as a medium of exchange. The problem is only that, first, it is extremely difficult to assess the transactional demand. Secondly, supply in the market of bitcoins is not permanent. In my opinion, it is decreasing, as more and more investors buy bitcoins as a long-term investment, thereby withdrawing these units from circulation. These difficulties, however, do not influence the logic be behind the model which is sound and reasonable.

Summing up, we considered two most popular and, in our opinion, logical methods of fundamental value of bitcoin. The first one relies on computational power required to mine bitcoin, and the second one relies on money-like properties of the cryptocurrency. These hypotheses are based on a certain economic and theoretical basis and give us at least some understanding of what the price of bitcoins and crypto-currencies bears in themselves. Do these methods reflect the real picture? Probably not. Fundamental value is not always a good benchmark for valuing an asset. You can recall a tulip fever, The South Sea Bubble or, a more modern one, a dot-com bubble. For this reason, it is worth remembering these methods, but do not rely too much on their results during periods of violent emotional instability.

#tradingene #tradingeneration

[Tradingene]

https://www.youtube.com/watch?v=-B4X2-hwRLY

#tradingene #tradingeneration

[Tradingene]

https://www.youtube.com/watch?v=wTQZRlyfsZA&feature=youtu.be

 #tradingene #tradingeneration

[Tradingene]

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Dear members of the Tradingene community! Do not forget that there is a referral system in the ICO cabinet.
You can invite your friends to participate in ICO and get bonus tokens for each person involved.
Forward your invite directly to a person, or simply share your unique link - everyone who registers in the campaigns upon visiting your link, will be included to the list below.
Once a person invited by you invests in the project and purchases more than 400 TNG tokens, you get 1% of the amount of his or her total investment in your wallet!

#tradingene #tradingeneration

[Tradingene]

Tradingene will be the Platinum partner on Global Blockchain Forum, Santa Clara Convention Center, California, April 2-3, 2018

Two incredible days of insightful panels including Tradingene CEO Daniele Wolfe speech.

Agenda:

- Crypto State of the Union
The future of cryptocurrency, the market will continue growing

- Managing Crypto Portfolio
Golden rules of investment for a cryptocurrency portfolio

- Initial Coin Offering
ICO Rating & Due Diligence Process, Legal Structure for Taxation in Borderless World

and 50+ more topics!

https://www.gbforum.co/

#tradingene #tradingeneration

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[Tradingene]

Check out new version of Tradingene.com site with ready-to-use platform!

https://tradingene.com/

#tradingene #tradingeneration

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[Tradingene]

Tradingene offers a revolutionary concept of interaction between trading algorithms developers  and investors - the auction of trading is based on blockchain. This is one of the first world projects in professional investment management and fintech sphere, which uses a distributed registry technology.  It provides the real-time auction bidding. Below you can find a description of how this format is implemented and used in real life and other blockchain-based projects all over the world.

The review of blockchain-based auctions


Tradingene

The blockchain auction for monetization the trading algorithms by developers and attracting the capital assets is one of the platform functions.
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COO Tradingene, Sergei Kuzmin informs that due to Waves smart contract, which will be completely  implemented in the project in summer of 2018, Tradingene will be able to realize a unique function that distinguishes among the related developments - it’s an auction of trading robots. To bring the created algorithm into operation, you need to set it for an auction. Then you must send the algorithm to the out-of-sample check. You need to make an auction deposit, after a successful identification. Then an auction is held and algorithm starts trading on the attracted capital assets.

You need to send the application for participation in the auction in one click and pay the fee after choosing a better algorithm. The bid is recorded in the real time mode. Auction winner is determined by the assumption of amount offered and the rest for investment and percentage of deductions to creator of the algorithm. The use of Waves solutions for both token and smart contracts allows to conduct a new approach for trading algorithms as investment products according to Tradingene developers.



E-Auction 3.0 / OpenMarket

Blockchain-based auction for state assets rent
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The Ukrainian e-Auction 3.0 will be the first example when state uses a decentralized horizontal system for privatization and leasing of the state assets, creating licenses which is based on blockchain technology. As experts agree, the system is able to radically change the existing economic model and give an impulse to the real reforms, which are so necessary in Ukraine. The head of OpenMarket: we’ve conducted 24,202 auctions on blockchain, and sold assets for 692 million grivna.

In April 2017, the Ministry of Justice of Ukraine announced the readiness to begin the introduction of blockchain technology into basic registers and into sales of confiscated property "SETAM". Shortly before that, the American company BitFury announced partnership with the government of the country, which promised to provide a whole range of solutions based on distributed registry technology into the state administration.

OpenMarket is a state site created by the Ministry of Justice of Ukraine, which is authorized to sell arrested and confiscated property by conducting an online auction.

Movable or immovable property may become an object of the auction. In addition, we are engaged in the voluntary sale of any property (tangible and intangible assets), including the rights of claims under contracts, products, goods owned by right of ownership to the customer. The auction can be attended by the individuals and legal bodies, as well as non-residents.

The implementation of the blockchain on the Exonum framework makes it possible to confirm the data  integrity and consistency which is received by the system at any time. An approach based on the blockchain increases trust of existing and potential customers.


DomRaider

Blockchain-based support solution for the auction industry infrastructure
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A decentralized auction management network in real time mode. This network will become the basis for a new ecosystem, and the network will be designed not only for registering auctions and rates. It will be the base of a completely new auction ecosystem. It will be an innovative solution for all participants in the auction industry around the world. Auctioneers, financial guarantors, valuation experts, delivery services, online auction providers and mobile application developers will be able to connect to the system, provide their services and increase the value of blockchain.



#tradingene #tradingeneration

[Tradingene]

Blockchain-based auctions. Tradingene review. Part II
March 29, 2018
Tradingene offers a revolutionary concept of interaction between trading algorithms developers  and investors - the auction of trading is based on blockchain. This is one of the first world projects in professional investment management and fintech sphere, which uses a distributed registry technology.  It provides the real-time auction bidding. Below you can find a description of how this format is implemented and used in real life and other blockchain-based projects all over the world.

The review of blockchain-based auctions

Token Stars

One of the platform functions is a blockchain auction for sports industry and fan activities

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Representatives of the project:

When we worked on the platform, we pawned the auction module to draw lots among token-holders. We took it as the basis for development of a charitable project. In the process we have ensured one more time that blockchain for auction and for charity is the most correct technology, since everything is transparently.

Everything is quite simple for the auction participants. All they have to do is - to register,  make a bid and make a payment with a cryptocurrency. At the end of auction, winner receives a prize, and all the rest get their bids back. If you want, you may not take the bid, and donate it (or a part of it ) to the one of funds benefit. Moreover, you can not participate at all in auction, but simply donate any amount - we decided to add this opportunity for those who do not need sports souvenirs, but want to help.

Actually, not all the funds are ready to accept the donations made with cryptocurrency, so at the end of the auction we will have to transfer money received to fiat. We will necessarily publish the report, so that participants will see that all the funds have gone to the declared charitable funds.

AdEx

Blockchain-based auction for sale of advertising on boarding passes

The AdEx ad market, based on distributed registries technology, now cooperates with a large advertising company Ink. Companies which are working on organizing block auctions for advertising spots, which will be presented on products and services of Ink.

AdEx says that such an auction is held for first time in the world, and this allows to take a fresh look at the features of Internet advertising.

The auction will be held in Ethereum network - through the main exchange of advertisements of the company AdEx.

The first auction involves sale over 2 million advertising spots on passenger boarding passes, and this will be first case of a blockchain-based auction. The auction will be conducted by AdEx, and results will be summed up by Ink and interested air carrier.

Shelf.Network

Blockchain-based auction for e-commerce

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Shelf.Network represents a decentralized network of sellers and merchants, who with the help of blockchain and smart contract technology can conduct auctions in one click on their websites or in the network of affiliate stores.

At the initial stage the project was started in three countries: Georgia, Ukraine and Lithuania. The platform Shelf.Network will allow the dealer companies to enter into transactions for the sale, leasing and leasing of cars through the leading online stores in the respective countries.

As the developers note, Shelf.Network is a revolutionary protocol demonstrating the possibilities of using blockchain technology in e-commerce. The software is built on open source code, which can be easily integrated into user interface on the merchant side. Running shelf (shelf), merchant becomes a separate node in the network and automatically connects to other stores and lists of goods.

The technology of blockchain at the same time guarantees the invariability of each auction lot and allows exchanging offers of customers throughout the network.

Strain

A Secure Auction for Blockchains

Strain, a new auction protocol running on top of blockchains and guaranteeing id confidentiality against fully-malicious parties. As our goal is efficiency and low blockchain latency, we abstain from using traditional, highly interactive MPC primitives such as secret shares. Instead for Strain, we design a new maliciously secure two-party comparison mechanism executed between any pair of bids in parallel. Using zero-knowledge proofs, Strain broadcasts the outcome of comparisons on the blockchain in a way such that all parties can verify each outcome. The resulting latency is constant in both the number of parties and the bid length, i.e., asymptotically optimal. It is also low in practice, requiring only a total of 4 blocks. Strain also provides typical auction security requirements  like non-retractable bids against fully-malicious adversaries. Finally, it protects against adversaries aborting the auction by reversible commitments.

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Etheriya

Blockchain-Based Auction Marketplace about to Disrupt E-Commerce

Etheriya’s use of smart contracts will allow people from all over the world to auction both physical and digital goods and services, meaning almost everything can be sold on the platform, except for goods and services considered to be illegal, damaging, or detrimental to mankind. Right now, you can join their crowdsale on Bitcointalk or at their crowdsale website.

The use of smart contracts will allow for real estate auctions to take place in the auction marketplace, for example, as these are designed to eliminate third-parties such as lawyers and notaries who add hefty fees to these transactions. By pulling external facts to complete transactions, these can be completed at a fraction of the cost, and at a specific time.

The project will feature three different services: auctions, “buy now” options, and boosting services. Auctions will be blockchain-based and will allow users to gain maximum value for their offers. “Buy now” options simply mean users will be able to purchase goods and services at a fixed price and, finally, boosting services allow users to gain maximum visibility by getting their offer to the platform’s homepage or at the top of a category listing.

#tradingene #tradingeneration

[Tradingene]

Jill Richmond is a serial entrepreneur and marketing and growth expert with over 15 years of experience. She is currently focused on food and lifestyle industries and is recognized as an expert on the food & tech ecosystem. She spent an early career skillfully managing complexity, and crafting powerful alliances between unlikely collaborators at the World Bank and other government and non-government agencies. She has built organizations and coalitions from the ground up, culture and thought leadership strategies, and led special projects for businesses looking to better steer their impacts. Savvy communications expert, Jill has degrees from Rutgers College and the School of Oriental and African Studies, University College London.
#tradingene #tradingeneration
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[artursimsonfrg]

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.

[Ukraine2020]

The second Waves Lab resident is Tradingene. It is the first blockchain-based marketplace of trading algorithms, allowing users to create and deploy them to trade cryptocurrencies. During the last three years of development, the team has attracted more than 300 algorithm creators from leading global universities, including mathematicians and programmers experienced in creating trading strategies.

Tradingene will receive a detailed audit and ICO campaign advice from Waves Lab, as well as access to the Waves community and joint PR activities. The project will also gain access to the entire network of contacts and partners of the Waves Lab incubator, including private investors and funds, key crypto opinion leaders and influencers.

    “Whilst most ICOs nowadays use the Ethereum blockchain, Tradingene will employ the fastest and cheapest blockchain — the Waves platform — because we are not simply pursuing short-term benefits but thinking on a fundamentally different timescale. We want not only to make the product user-friendly but also ready for global scalability in the near future. The speed and cost of transactions for Tradingene users is an extremely important consideration. We want to provide our investors with uncompromising benefits and flexible functionality, and Waves, as well as its satellite Waves Lab, gives us the right tools to do this. After all, we understand how a comfortable working environment is important to modern traders and investors. Waves and Tradingene are looking in the same direction and putting customer experience at the heart of their products.”   -  COO of Tradingene, Sergey Kuzmin

[lidl]

The project is interesting as a Simdaq, but the max cap ($24 mln) spoils the situation. Maybe are you going to lower it?

[Tradingene]

The project is interesting as a Simdaq, but the max cap ($24 mln) spoils the situation. Maybe are you going to lower it?

Hello! Thank you for the question!

With each mid-cap there will be added more aggressive marketing strategy, plan for more international offices establishment and popurarization of algotrading as invetment instrument, getting lisences at exhchanges in Asia and America, etc. So big numbers in gap depends on our plans.

By the way, Tradingene and Simdaq have different goals and are rather to be called potential partners than competitors.

Simdaq 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 Simdaq 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.

Simdaq 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 Simdaq. One of the long term objectives by Simdaq 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. And these are two essentially different approaches.