Carboneum Ico Review : Democratized Social Trading Platform

About Carboneum

Carboneum is creating a democratized infrastructure of the social trading platform with a proprietary application. Carboneum is an openly distributed protocol owned by every single user. Where traditional social trading platform helps solve complexity problem, it still lacks transparency, remains vulnerable to the single point of failure risk and at the very core misaligns the interests of the parties involved. The platform will be completely immune to such problems. It is built to sustain and scale with a sound revenue model where ultimate alignment of interests is structured, creating a perfectly democratized trading platform for digital assets. is however of great significance to note implementing social trading for the purpose of the short-term monetary benefit is considered detrimental from the moral and ethical perspective. At its core, social trading gives the opportunity for new traders to observe and learn by copying trading orders; to know which trading strategies fit their investment style and help them gain consistently.

Token

Token called Carboneum Token (C8), to be used primarily on, but not exclusively to, social trading features for digital assets. C8 certainly offers other utilities for premium services in the future, such as a substantial discount on every type of fee, including premium features on StockRadars and FundRadars application or fee of events and seminars held by StockRadars team.

Carboneum is also an open protocol for decentralized copy trading on Ethereum blockchain. It intends to serve a basic functionality for copy trading and benefits distribution between copying and copied investor, or in our terms, follower and leader. Using a publicly accessible system of smart contracts can act as shared infrastructure for a variety of decentralized applications (dApps) and platforms. It allows creating sophisticated platform tailored for investor requirements. The C8 token is ERC20 smart contract which allows the follower to pay their leader and be used in other activities on CoinRadars platform.

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How Does The Company Works?

In short, Carboneum works in these simple steps

1. Users can choose expert traders to follow, establishing a ‘follower & leader’ type of relationship, based on the expected returns and risk preferences, and delegate the authority to execute copied trade orders automatically to Carboneum via ERC20 smart contract system

2. In the event that users generate positive results from any trade orders copied from the leaders, users will be charged a certain percentage based amount of fee by the system. The system will then transfer the majority of that fee to the leader as a markup for their service, with the remaining amount being kept as platform’s revenue.

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3. To epitomize the concept of decentralization, Carboneum endorses full customization of the desired rate of fee for leaders on dApp. As any theory of basic finance would suggest, risk tolerance is a highly sensitive

characteristic unique to any given investor. Likewise, a purely decentralized platform should allow followers and leaders to arrange different expected returns and risk preferences and match them freely. Some investors may enjoy the greater magnitude of investment return, bearing in mind the higher level of risk associated with such option.

Key Features

Carboneum is a decentralized social trading platform embarking on a new way of the digital asset and cryptocurrency trading. Carboneum aim to build a world-class social trading platform for digital assets which is fully decentralized and totally independent of all exchanges.

Transparency

Decentralization leads to transparency. Each and every transaction is processed and recorded using blockchain technology in which traceability and ownership of action are at the premium. To ensure the greatest level of independence, Carboneum will be working with, but not subject to, all leading digital asset exchanges. But more

importantly, Carboneum also emphasizes on the transparency revolving around social trading elements. As a result, performance stats, historical trading positions, transaction records, of both the followers and leaders on the platform, will be completely accessible.

Simplicity

Trading on Carboneum is exceptionally easy for beginners. Not only can they win the trade quickly but they also can learn by observing the strategies by following the right leaders. Carboneum understands real pain points of users and aspires to create the most intuitive and user-friendly investment platform, therefore Carboneum put user experience at the apex of our priority list. Carboneum mission is to replicate how Instagram filters help turn ordinary smartphone users to professional photographers to the digital assets trading world. Additionally, Carboneum also offers fully customizable ‘Radars’ technology to help filter suitable digital assets based on investment behavior, expected returns and risk preferences unique to each user.

Knowledge Sharing

Social trading exemplifies boundless knowledge sharing. It offers the opportunity for traders to work collaboratively on trading strategies, either by sharing information, working on multiple market research or pooling other resources together. In addition, Carboneum also capitalizes on the free flow of information among digital assets and cryptocurrency investors in the network, allowing them to exchange any forms of knowledge liberally. Additionally, Carboneum would like to take the knowledge sharing aspect to the next level by organizing its own or sponsoring events, training or live broadcasts, bridging the gap of virtual world and reality, and promoting not only smart wealth-generating platform but also channels of acquiring the know-how of making good trade strategies.

Incentivized

It is reported by eToro, one of the world leading copy equity trading website, that approximately 78 percent of all copied trades were closed in profit since its launch in 2010. This has laid the ground for future businesses where the win-win-win situation is achieved due in large part to perfect alignment of interests and incentives. This system however still has flaws. On Carboneum nevertheless, by using smart contracts, based on blockchain technology, Carboneum creates the system to lock up leaders and followers and collect fee automatically when each positive gain is realized.

Why Carboneum

StockRadars is the team ideally made to tackle this challenge as proven in commendable success and well-documented track record in building and developing Thailand’s number one online stock trading and analytical

platform with 680,000 app downloads, double digits local and regional brokerage partners and 76 versions updated since launch. StockRadars also managed to achieve 25 percent market penetration based on the number of monthly active internet traders; in every four people who trade stocks online, one of them actively uses StockRadars. Above all, StockRadars is the only exclusive partnership of LINE Thailand, the provider of a market-leading chat application, in developing a service called LINE FINANCE and together they have accumulated a large and still-growing user base of 4.8 million people. This is more than tripled the number of people with internet trading accounts in Thailand (1.35 million as of December 2017, according to Stock Exchange of Thailand). With the help of StockRadars’ technology, not only LINE FINANCE successfully approaches the uncharted territory, but it also empowers people to buy and sell stocks inside LINE application for the first time in the history of Thailand.

Trade Like A Pro

It is defined as a service which enables any users to take a role of follower, giving the green light to them to duplicate the transactions of a leading trader. The greatest achievement social trading brought to this world is allowing new investors to simply take a shortcut and deem the need to educate themselves about financial product unnecessary.

Sleep Like You Never Before

A stop-loss order is placed to sell and buy your order when it reaches a certain price. Stop-loss orders are designed to limit an investor’s loss on a position in a cryptocurrency. Carboneum Safety Belt Feature will enable you to setup automatic safety for all your trades. All the risk is now manageable. This is especially convenient when you could not monitor your position for a longer period of time. Make you sleep without worry.