Spiking ICO Report – Power of 1,000 Whales In Your Wallet
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The cryptocurrency markets saw an unprecedented level of growth at the end of 2017. With this, the marketplace for all cryptocurrencies hit nearly one trillion dollars at the start of 2018. With this major rise in popularity, cryptocurrencies have nearly gone mainstream. Furthermore, the number of developers, coders, and entrepreneurs entering the space saw an equally impressive rise with the increased adoption of digital currencies.
These markets also attracted many traditional and novice traders to the scene. With this in mind, the Spiking team plans to develop a trading solution to assist trades competing with larger investors, commonly known as Whales in the cryptocurrency space. The Spiking team plans to give the average trader the power of a 1,000 whales at their disposal.
The team will effectively build the world’s first blockchain asset validation and artificially intelligent drive crypto trading infrastructure. Let’s take a closer look at how the team will implement this goal.
The Future of Trading –
The trading world has transformed drastically with the advent of cryptocurrency and 24/7 markets to trade upon. With this, many compare the cryptocurrency market changes in a day to that of a week or month within traditional equity markets. Further, huge players have become whales within the cryptocurrency space. These individuals, who often hold hundreds of thousands of dollars in cryptocurrency can create big waves in the marketplace depending on their trade habits. The Spiking team plans to develop a solution to verify these traders and assist others looking to determine the whale’s sentiments while separating this from marketplace FOMO (fear of missing out) and FUD (fear, uncertainty, and doubt).
The FOMO and FUD can be easily apparent within cryptocurrency markets with many malicious players seeking to pump and dump tokens. Finally, the Spiking team will implement a powerful solution to assist community members with continued learning efforts. The team plans to provide universal access to the world’s leading educators in the finance and investor arena.
Through this, the platform will offer top whales a Certified Smart Trader program to allow followers to follow proven and thus, likely-to-be successful traders. This program will establish expert traders for one year time. Furthermore, enabling certified members to have unlimited access to weekly market updates, great tools, and certifications.
Spiking Value Proposition –
The Spiking platform plans to solve a number of problems within the nascent cryptocurrency marketplace. First, it will help connect average users with large wallet players, as aforementioned referred to as whales. These connections will take place in a completely transparent environment, which will be powered by blockchain technology.
Furthermore, the platform will include fully audited security protocols to ensure the safety of members using Spiking. Another exciting aspect of the Spiking team comes from a technical point of view. The platform will enable users to trade across multiple exchanges to further mirror a whales activity.
Even further, the platform will enable users to access a reward system which will help share the 21% commission fee directly with the whales from profits generated directly by following initial capital investment. Furthermore, the followers will see 71% of these profits and the remaining 8% will be utilized by the Spiking team as a platform fee to pay for system maintenance. Finally, the team will implement a SPIKE protocol which will become a self-governing and self-sustaining ecosystem for mirror trading to be conducted efficiently. All and all presenting a powerful solution for the emerging cryptocurrency markets and industry.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 1,500,000,000 Tokens
Token type: Ethereum Token
Token Distribution: The Spiking team dedicates 30% of the total tokens minted to be offered for sale in its crowd sale, another 30% to the SPIKE reconciliation trading protocol, 25% for the company reserves, and finally 15% for the advisors/investors/contributors to the platform.
ICO Sale Phase: PreICO
Token Price: 1 Spike = 0.01 USD
Crowdfunding Usage: The team has not issued a definite use of crowdfunds.
Team Overview- Members and Advisers –
The Spiking platform team is led by Clemen Chiang, Ph.D. as the Chief Executive Officer, Nicole Yee as the COO, Alexey Maslov as the CTO, William H. Nguyen, Ph.D. as the Chief Blockchain Architect, also on the team are Jeremy Khoo, Michael Thirapounho, Adrien Diarra, and Widelia Yi Liu. Advisors for the team include Charles Tach, Minhn Thach, James Sowers, Wang Yingyu, Peter Sin, Caleb Yap, Eric Alexandre and Eugene Loza.
Part 3: Useful Links (Further Research)
- Website: https://www.facebook.com/stockspiking/
- Facebook: https://www.facebook.com/stockspiking/
- Twitter: @StockSpiking