Investing isn’t for the faint at heart. For every success story, there may be six to eight other stories of financial loss. Combine these unfavorable odds with cryptocurrency hype and eager, uneducated investors, and you’ve got a recipe for catastrophic financial ruin.
The team at Invest realized that not everyone who wants to trade cryptocurrencies has the skill set to do it successfully. The learning curve is steep, yet the barriers to making an initial trade are comparatively low. If experienced investors could share their strategies, risk could be mitigated and everyone could profit.
The Invest Platform is a secure and fee-less cryptocurrency copy-trading service that connects experienced traders with anyone who is interested in cryptocurrency investing. It removes some of the blind risk associated with first-time trades, all while giving professionals the opportunity to increase their earnings with practically no effort.
Climbing the Learning Curve
Blockchain technology has proven itself a catalyst for change across multiple industries. Large organizations are pursuing it, small businesses are interested in it, and government agencies are considering blockchain to power daily operations.
What captured the public’s attention are the cryptocurrencies associated with blockchain. Bitcoin, Ethereum, Ripple, and others routinely appear in news headlines. Not just because they are changing the world of technology, but because they are incredible investment opportunities.
It’s relatively easy for anyone to get started with cryptocurrencies. Create an account on an exchange, move some fiat around, and a portfolio has begun.
The problem with this low barrier of entry is that cryptocurrencies are arguably more complex than traditional stock trading. The technology evolves at an incredible pace, which directly affects the cryptocurrency market. Casual investors often lack the time and skill necessary to keep up with the amount of research required to succeed at cryptocurrency investing.
There are successful traders who beat these odds on a daily basis, however. They have the requisite background in technology and investment, and the psychological grit to stay on top of events, mark out new trends, and make smart trades that keep their portfolios moving upwards.
Something these traders lack is a ready-made solution to sell their experience to other traders or financial institutions. The audience is there, evidenced by the rapid expansion of cryptocurrency exchanges and the number of customers they serve.
Connecting these two groups in a secure, easy to use environment could be a game changer for both parties.
How the Invest Platform Works
The Invest Platform sits between individual investors and their respective exchanges to facilitate automated trading on a massive scale. It does this through a trustless copy-trading system that connects user trades through an API. No account details, private keys, or cryptocurrencies transact across Invest, only trading actions.
Let’s look at a quick example. On the Invest Platform, an amateur trader starts by subscribing to an experienced trader. The professional carries out an investment strategy on his or her own exchange, independent of the Invest Platform.
The API copies these trading actions and mirrors them to the subscribed user’s account on their exchange of choice. When an order closes, the actions are complete, and earnings are distributed.
The profit from each successful trade incentivizes users and fuels the Invest Platform. 75% of the total profits stay with the amateur trader. Of the remaining 25%, 15% goes to the professional trader, and 10% goes back to the Invest platform. If no profit is made, no fees are leveraged against any party.
A simplified demo of the Invest Platform’s interface is available on the official website.
The Invest Platform Team
The Invest Platform was created by a team of developers who wanted to solve their own problems. They started investing in cryptocurrencies as far back as 2014 and immediately discovered the difficulties in navigating an unfamiliar world.
They lost money, they saw others lose money, yet some had the right mix of skills to succeed. If their methods could be copied, cryptocurrency investing wouldn’t be such an overwhelming endeavor.
Members of the Invest team have been working together since 2013 under Caviarsoft, a web and mobile applications development company. Their experience covers blockchain projects, smartphone apps, marketing, and UX design. The team is led by founder and CEO, Mateusz Fraczek.
Notable advisors include David Drake, Simon Cocking, Jason Hung, and Adnan Javed, all of whom work with the investment ratings service ICO Bench and have experience across other tech and blockchain companies. Anthony Ginsburg (Sky), Andrew McGlan (Barclays), Emma Adkins (Investor Relations at eBay), and Rumen Slavchov (BitRewards) round out the advisory board.
The Advantages of the Invest Platform
The fee-less structure powering the Invest Platform sets it apart from the competition. Instead of charging for following experts or carrying out trades, the Invest API takes a small percentage of profits made by subscribing users. Traders are free to focus on increasing their earnings instead of worrying over fees.
Safety is a persistent concern for cryptocurrency traders of all levels. The Invest Platform maintains privacy by avoiding direct access to invested currency or profits, serving only as a connecting point between secure exchanges. API intractability is limited to opening and closing positions, as well, with withdrawals explicitly blocked at the API level.
Community features help the Invest Platform maintain a high level of trust between traders and subscribers. The more successful actions an investor carries out, the higher their number ranking. This lets potential subscribers see an overview of their track record at a glance. The chat feature will also facilitate the exchange of knowledge as users can share their technical analysis, thoughts and ideas.
User-friendliness is something of a hidden benefit with the Invest Platform. Most cryptocurrency exchanges focus on power features for power users, overwhelming newcomers with too much information. The learning curve is steep and it’s easy to make costly mistakes.
The Invest Platform can automate many of these trading features through its API, allowing users to trade without navigating extensive exchange menu screens and charts. Invest will also offer access through mobile apps for iOS and Android.
The INV Token
INV is an ERC-20 token that will serve as Invest’s internal currency. All subscription and profit fees paid on the platform will be carried out using INV. In addition, access to the Invest Platform will require staking a set amount of INV, ensuring a degree of commitment from users. No company voting or dividends will be tied to INV.
The Invest Platform will give back up to 10% of its total earnings as a monthly reward for the platform’s best traders. Content creators and active users with high referral scores will also receive rewards.
The INV token presale begins May 26, 2018 and runs until July 15. Early buyers can enjoy 50% bonus in the private presale and 30% bonus in the public presale. The public token sale will start August 15 and run until September 30, 2018.
The total supply of INV tokens is 210 million, of which 60% will be offered for sale. There is a soft cap of 4,000 ETH and a hard cap of 21,429 ET for the token sale.
The Invest Platform whitepaper has more detailed information about the token sale, along with allocation numbers, bounties, and the team’s vesting schedule.
The Invest Platform’s roadmap shows a 1.0 product release by Q4 2018, with marketing campaigns and app development milestones throughout the year. Beyond 2019 the team intends to focus on strategic partnerships and further improving the platform to meet the needs of the users.
The Invest Platform is rooted in stability, security, and a value-added experience for traders of all experience levels. Its main market segment — retail and casual investors — represents an enormous group of people eager to get started with cryptocurrency trading. Over 1,000,000 million people signed up when the user-friendly and fee-less Robinhood trading app announced cryptocurrency support, so the desire for better trading tools is certainly there.
Cryptocurrency investing on any level requires constant research. The technology moves at such a rapid pace it can be difficult to stay informed about developments in a single coin, let alone an entire portfolio. By leveraging the power of experts, the Invest Platform hopes to make cryptocurrency trading easier and more profitable for everyone.
Related: How to Day Trade Cryptocurrency