OpenBlock: artificial intelligent trading to everyday people
Uniting the Blockchain Community with artificial intelligence
Nicholas spent many years as a successful crypto trader, he saw an opportunity to take his skills and elevate the business by having robots trades like discipline traders. He started OpenBlock to bring BOT trading into a reality that can serve the world with ease. Nicholas has been part of several successful ICOs and continues to be an advocate for blockchain technologies worldwide.
WEB & GRAPHIC DESIGNER
- Crowdsale (34%)
- Presale (7.5%)
- Team Tokens (20%)
- Referral (10%)
- Advisory (5%)
- Locked Up (23.5%)
- Operations, Office, Customer Service (15%)
- BOT Investement (40%)
- Marketing (25%)
- Team Members (15%)
- Legal (5%)
Cost of the token1 token for 1.65 $
Price without discounts
April 3, 2018 ICO Round 1 $0.80
April 6, 2018 ICO Round 2 $0.85
April 9, 2018 ICO Round 3 $0.90
Apri|11,2018 ICO Round 4 $1.05
April 16, 2018 ICO Rounds $1.15
April19,2018 ICO Round 6 $1.25
April 23, 2018 ICC Round 7 5135
April 26, 2018 ICO Round 8 $1.40
April 30, 2018 ICO Round 9 $1.50
May 3,2018 ICO Round 10 $1.65
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Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
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The project uses blockchain technology and artificial intelligence to improve and automate the processes of cryptocurrency trading. Solutions based on AI can better the quality of trade by eliminating the human factor and the emotional component, which contributes to the occurrence of errors.
Risks and disadvantages
This project has many competors, because at the moment many companies use AI to automate trade processes, especially in the field of cryptocurrency. The team does not offer any particular solutions or programs that would stand this project out among the others.
I do not think that this project will be interesting for a large number of crypto-currency traders and stock exchange players. At the moment there are a huge number of already working algorithms and bots working on artificial intelligence systems that are used on cryptology and the appearance of another is unlikely to be noticed.
The project website has a lot of information about the project and about the team, as well as video materials, it allows users and investors to quickly understand the essence of the project and how it will work. Also there is a detailed budget distribution scheme and road map, it increases the transparency and quality of the project for investors.
Risks and disadvantages
I think that few tokens are distributed for the crowdsale and a large percentage of tokens for the team, it raises doubts about the reliability of the project, so the value of the token may decrease after entering the exchange.
Automated crypto-currency trader with AI that will allow people who do not have time or knowledge of crypto-trading to profit from the crypto currency market is a profitable business idea and with good advertising promotion will attract many customers.
Whitepaper is informative as it contains precise explanation of the platform, how it is going to function. Platform has advisors which is also a plus.
Risks and disadvantages
The team is not paying so much attention to social networks. As there is no information on the website about bitcointalk, Medium, Reddit. The website is only in English; it means that the team does not take into account non-english investors.
Overall. I would not recommend to invest in the following project. It does not have any demo version yet. Moreover, Openblock is going to block 23.5 % of tokens, which can affect the price of them. As a result the team can easily manipulate the rate of the token.
When is the OpenBlock ICO?
The Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. OpenBlock will begin the ICO in March, however there will be a small presale in February. So check periodically for updates.
What is the OpenBlock Crypto Symbol?
The OpenBlock symbol is going to be OBC.
Will Members Get to View This Trading BOT in Realtime?
Yes, OB will be live streamed on our website and Youtube channel. Members will be able to witness trades in realtime and have piece of mind that OB is truly working for the community day in and day out.
What Makes OpenBlock Different From Other Crypto Platforms?
OpenBlock has a sustainable business model and is run by real people that have a long-term plan and vision for growth and stability. The team is compiled of engineers, traders, business people and helpful staff.
Will Open Block Have Proper Customer Service?
Yes, OpenBlock will have customer service teams in three different continents answering calls, managing chat and responding to emails in the quest for superior customer retention and satisfaction.
What should I know about the OpenBlock trading BOT?
OB was coded in python software which talks directly to crypto exchanges. It places buy and sell orders based on computerized models to bring profits to the community. The Trading Bot make those decisions by watching the market's price movements, technical analysis and aggregate news topics which reacts accordingly to a set of predefined rules.
What should I expect as profit in OpenBlock?
OB will spread 50% of the daily profits from trading to the token holders. This will occur Monday through Friday and statistics will be posted daily to inform the community about the previous day results. Members can also view our BOT named OB to see action in real time!
What if the BOT loses money in a single day?
If OB happens to lose money, it will not penalize the token holders, however that particular day will not have payouts. In other words, OB token holders will not take a loss of any sort if OB was to not turn a profit in a given 24 hour period.
How do I make money through Staking?
OpenBlock's Proof of Stake (POS) program occurs when members join OpenBlock. The tokens are staked and profits of OB are distributed to token holders daily.
Why Should I refer others to the OBC Initial Coin Offering?
OpenBlock has a competitive referral program paying members for referring their friends, family and youtube followers to grow our user base. The tiers are broken down into three levels:
Tier 1 = 10%
Tier 2 = 7%
Tier 3 = 5%