Private investors don't need an overloaded system which is more difficult for understanding than cryptocurrencies.
The investor does not care how much the currency has grown; the only thing that matters is how much he has earned and how he can earn more. At the same time, not all users know the basics of trading and they need recommendations.
For traders the maximum automation is required not to waste their time on accounting and analytics. Traders make transactions on the various exchanges (because of the rate difference) and financial accounting becomes a very laborious task.
If the trader takes the finance under management he needs to report to the clients to make it as clear and simple as possible not wasting much time. And it is extremely significant for traders to understand their efficiency. All the traders strive to create the most effective and attractive portfolio to obtain more portfolios under management.
For funds it is needed to reduce the routine processing of huge transaction flows from their customers. It is important to decrease the complexity of maintaining internal accounting and improve its accuracy. And for clients as for investors the most important thing is to understand how much they have earned.
At the same time, funds need this kind of service in any case but in-house solution is costly and requires labor and temporary resources.
FinTab is an analytical system based on the financial accounting service for cryptocurrency but in addition there are other interactions that perfectly complement our system.
FinTab is a SaaS product with service fee charged. The cost for the service for the «Pro» and «Manage» accounts will be fixed in USD, but payment is accepted in FinTab tokens (FNT).
In accordance with our target audience, we have 3 plans to offer:
$19/month in FNT tokens
$95/month in FNT tokens
P2P interaction: traders could sell the information about their crypto-portfolio through our system. In addition the rating of best traders will be compiled.
Advertising platform: placement and display of advertising will be held decentralized: each user can enable or disable ads. For the ads view the user obtains tokens from the advertisers.
Analytical system and recommendations for trade using Artificial Intelligence.
The system will have a free plan with basic analytics and signals, and an expanded plan costs $14/month. There will be a 50% discount for «Pro» and «Manage» users.
Depending on the collected funds FinTab will implement the following features:
We will estimate the number of our potential users by the third quarter of 2018. Based on this we have calculated how many tokens we can issue. The calculation formula can be found in the WhitePaper.
Return on investment is based on a constant increase of FNT token rate:
The demand for the service grows due to the constant promotion and the development of the functionality.
The burning of tokens ensures the deficit and the increase of token cost.
Advertising functionality increases the demand and the turnover of tokens.
Accordingly, the predicted starting point for the growth of the token rate will be the introduction of paid accounts in the system and the start of the tokens' burning.
In FinTab system the burning of tokens that have entered the system as a service payment will be implemented:
When paying for the service 10% of FNT tokens pass to FinTab team.
The remaining 90% of the tokens are burned.
When using FinTab as an advertising and P2P platform, tokens are not burnedsince 90% of the tokens are given to users and the remaining 10% - to FinTab team.
Manually adding and editing transactions including the accounting of fees
Creating the opportunity to have and work with the unlimited number of portfolios.
Purchased currency information date, quantity and place of purchase
Exchange/wallet information financial summary, type and number of currencies
Adding custom currencies and exchanges/wallets.
Profit/loss evaluation, dynamics of a certain portfolio or currency.
UX/UI design elaboration.
Mobile application development for Android.
Preparation for the pre-ICO.
Pre-ICO (October 12 – November 12).
Release of the Android app.
Integration with exchanges via API.
System of notifications.
Export of statistics.
Adding analytic tools.
Closed stage of sales (December 10-13).
Mobile app development for iOS.
Carrying out of the ICO (December 14 – January 14).
Elaboration of the "Pro" accounts functionality.
Monetization of the system.
Elaboration of the "Manage" accounts functionality.
Development of our own API for currency exchange rates, ICO tokens and their historical data.
Creation of the Technical Support service.
System of analytics and signals.
Elaboration of the advertising functionality.
Traders' rating and P2P interaction.
AI system trading recommendations implementation.
Since 2010, Mikhail is engaged in web-development. He has created and launched a number of projects, including the Merit onine agency, an agency for the implementation of CRM-systems and a web studio. He is engaged in trading and has funds under management.
«For me, blockchain is a philosophy that is already changing the world»
The co-founder of the Merit onine agency, the head of the web studio development department in 2016, the project manager in a design studio (Yandex projects) in 2015, the Internet marketer since 2012. Grigory created a financial accounting system for an Internet agency, participated in the development of the Basecamp application.
Engaged in information technology since 2002 and in mobile development since 2012. Dmitry has to his credit more than a hundred released mobile applications for Android and iOS, being repeatedly selected as the recommended apps and obtaining the best positions in the stores in the most competitive subjects. Also he's a crypto enthusiast since 2014, having several own crypto-currency mining farms.
Programmer. Created one of the leading applications for forex traders. Vadim is engaged in Android and iOS applications development for blockchain startups. Has more than 10 released projects, 3 of which are associated with blockchain. Got an average score of 4.6 for his applications in stores.
Stanislav is engaged in UI product design. He has experience in developing CRM systems, interfaces and materials from the gaming industry and retail. Experience as an art director for more than 5 years and more than 8 years of work as the lead designer of the product. Became a fan of technology blockbuster during an internship at SalesForce in San Francisco.
Russian-English translator/interpreter. 10 years of experience in the field of translations. Previously engaged in website localization and translation of news, videos and webinars. Active crypto enthusiast.
He began to deal with crypto-currencies with the purchase of Bitcoin in 2013. He is engaged in GPU-Mining of Litecoin and Feathercoin, building sixteen mining rigs for Litecoin and Feathercoin mining. He is involved in writing the scripts for the Cudaminer program for getting the best hashrates out of every graphic card. Started trading and investing at the end of 2016. Invested in projects like FinTab, GraphgrailAI, TaaS, SPHRE AIR, DCORP, SONM, Polybius, MASS, Kickico, Aeternity and LAToken.
Has been studying in Switzerland for 7 years (Institute auf dem Rosenberg and Zurich University). He is experienced in managing small and big enterprises (up to 450 subordinates). CEO and Co-Founder of TravelChain project. Helping with strategic management.
Bounty start:November 28, 2017.
Bounty end:January 14, 2018.
Campaign Budget:Up to 800,000 (800 k) FNT tokens = $ 320,000 ICO prices
We position ourselves as a system in which many interactions will be realized. Whereas the services will have more extensive functionality.
The analysis of competitors:
During the ICO the tokens can be bought for Ethereum (ETH), Bitcoin (BTC). For those who want to purchase the tokens starting with $4000 it is possible to buy them for USD.
At the end of January 2018 after ICO completed.
For funds, traders and investors
During the Pre-ICO we collected $ 78 363. This is 124% of the required amount.