Lucre: Automated trading system for Cryptocurrencies
Created to outperform the strategy of just holding Cryptocurrencies
CMO - MBA
Algorithmic Trading developer
- Crowdsale (80%)
- Developers and company reserve (14%)
- Rewarding advisors (3%)
- Bounty program and marketing (3%)
- R&D (40%)
- Trading Pool (40%)
- Marketing expenses with ad campaigns, presentations etc. (3%)
- Capex, operational costs (15%)
- Legal and compliance fees (2%)
Cost of the token1 token for 1 $
Price without discounts
Discounts and BonusesPre-crowdsale
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When entering the website, one can notice Dashboard. It is so-called MVP of the project. Another advantage is the marketing. There are quite a lots of social platform ( Medium, Reddit, Bitcointalk thread, Twitter, Facebook, Telegram). Moreover, the team motivates people to participated in the ICO. They do it via the system of bonuses and bounty campaign.
Risks and disadvantages
First, the team consists of only few members. That is not enough to cover all aspects of the project development. In addition, there are no partners. Thus, the Roadmap has just ''words'' without clear explanation of how the platform is expected to be developed.
In conclusion, I doubt whether the project becomes a successful one. There is no MVP, so it is difficult to get how the platform will operate.
What is LUCRE?
LUCRE is an autonomous, high-performance, cryptocurrency automated trading system.
Where is LUCRE incorporated?
LUCRE has been established in Nevis jurisdiction. Nevis is a popular international jurisdiction for the incorporation of contributed funds.
The Nevis International Business Corporation (IBC) was introduced this year as a flexible, tax-neutral low-cost vehicle with a corporate personality.
Will the LUCRE asset holdings be verified by a third party?
Yes all trades and positions will be verifiable on a third party system.
Why is LUCRE on the blockchain?
There are many reasons to utilize blockchain technology for LUCRE:
Full transparency over fund activity
Ability to trade or move tokens at will with no exit fee
Easy listing for sale and trading peer-to-peer on exchange
LUCRE only trades cryptocurrencies
Are you launching your own blockchain?
No. LUCRE is an Ethereum-based token.
Post Token Sale Event how can I BUY or SELL LCR tokens?
You will need to purchase LCR tokens on an exchange. The exchange listings will be published on www.lucretoken.com
How is my investment going to grow?
Contributors to LUCRE can expect growth in two main areas; initial participants interested in holding the tokens to receive money-back from the Trading Pool, and an increased demand in new participants obligated to purchase the tokens.
Once I've bought LCR Tokens on Exchange, can I later send them to our MEW/Metamask wallet for long term storage?
Yes you can, it is like any other ERC20 Token.
I cannot see my LCR Tokens in my wallet?
Please make sure that your wallet is fully synced (if applicable), and that you have added a LCR to your custom token list.
I cannot see LCR Tokens in myetherwallet but not in my address on etherscan.io, where can I see all other tokens?
LCR tokens did not show up on etherscan initially as tokens were allocated directly and did not trigger the specific 'transfer' event that etherscan detects. Once tokens are tradeable they will be detected the same as any other ERC20 token.
What is KYC? What are the requirements?
KYC means Know Your Customer. It’s a standard verification process common in ICOs, bank account opening and many more. KYC is a requirement by many authorities around the world to prevent money laundering and financing of terrorism. Even if it may be annoying for you it is worth the effort to fight money laundering and terrorism. During the KYC process, we validate your identity and check if you are on international sanction list or are an politically exposed person (PEP).
Are Pre-SALE Tokens already transferable?
The tokens are transferable after the exchange listing.
How I can invest on LUCRE Trading?
You can purchase tokens on the dashboard after registration and access to your personal account. You will need to provide us first your Ethereum wallet from where you will send ETH, this wallet MUST NOT BE from an exchange, in that case you can loose LCR tokens. it will be used to verify your transactions and activate your LUCRE Trading account. Once you send Ethereum to our Crowdsale Contract address you will receive automatically LUCRE Trading tokens on your wallet.