XchangeRate.io is a data-driven robot that makes decisions based on the 'buy' and 'sell' attitudes on the cryptocurrency exchanges and user parameters. Plugins and APIs feed the robot its data and unique metrics provide its analyzing power. XchangeRate is a platform that will keep the number of supported exchanges it trades with via API increasing.
XchangeRate is intended to be a web application that will be responsive on mobile devices. The product’s platform will support and advertise crowd sale. XchangeRate uses API from the most trusted sources including cyptocompare.com, coinmarketcap.com, and all supporting exchanges.
To make data analysis and interpretation of derived metrics easier and to link it in real time to the market, so that the user can use the automated software to make gains.
Interpreting Dataflow of token metric and market instruments through in-depth research and the application of Artificial Intelligence to derive value and maximize benefits.
The robot has 4 areas:
● The (Coin Monitoring Board),
● The Automation Robot,
● The MVP and
● The Marketplace.
The Coin Monitoring Board is a dashboard panel that tabulates the analyzed data from different data sources and displays it in a way a trader can sort to identify the market sentiments around available coins on the exchanges.
The Automation Robot is the part of the XchangeRate platform where strategy settings can be issued to the robot to automate trades using API and secret keys.
The MVP is the part of XchangeRate’s automation that does not require username, password, API or secret ket but uses a preset to filter markets with price action.
While the Marketplace is the data hub where strategy, users, and performances are tabulated for users who want to adopt strategy can come to implement other user’s strategy in exchange for XRR tokens.
Who is the Project for?
The project is targeted to Cryptocurrency Traders for use.
They will require XRR tokens to subscribe to the regular use of the robot. The XRR token holders are those that will supply the XRR token for use to subscribers through centralized and decentralized exchanges.
Building the Robot
The XchangeRate Robot gathers data across multiple platforms for analysis using metrics for intelligent filters. These data have structures that give them an immense historical value that can be used for trend and forecasting. XRR implementation of these structures will allow for the archiving of these data assets in patterns that break specific user information away to store data, data sources, strategy and time in a way that can be used for valuable analysis. This will be an age long commitment XRR team will engage to leave these data as a contribution to analyzing markets – a valuable tool for research.
The XchangeRate Robot (XRR) is built upon a series of algorithms to detect and make decisions on buy/sell attitudes. The Relative Strength Index (RSI), is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by finding divergences and failure swings. RSI can also be used to identify general trends.
How it works
XchangeRate frees the trader from the complexity of reading graphs and charts and helps the trader with readable data easy to interpret for immediate automated or informed decisions. Essentially, the product is a Trading Robot that combines these feeds into the algorithm for intelligence and meaning. The intelligence enhances market movement picks and helps the robot in making entry and exits with accuracy.
Token Name: XRR Coin
Token Symbol: XRR
Token Type: ERC20
Token Role: Utility
Total supply: 250 000 000
Available for sale: 235 000 000
80% (200 000 000) is available for purchase during ICO
12.8% (32 000 000) bonus ICO
1.2% (3 000 000) ICO and air prize will be issued after the ICO sale is completed
6% (15 000 000) reward for founder and advisor (foren for 9 months)
The ICO funds are required to help ThinkAI Inc. continue with development, marketing, partnerships and collaborations and expansion across other derivatives.
47.5% Platform Developments
14.3% Research and Products Improvements
9.5% Exchange Partnerships
9.5% Marketing and User Acquisition
8.6% Project Stakeholders
4.8% Operational Costs
4.8% Security Reserve
1% Legal expenses
For more information and join the current Xchangerate social media please follow the following links:
The bitcointalk name: Aray80