Lucre - Don't HODL; Trade! Algorithmic Trading & Signal Service for Cryptocurrencies(LCR)
Token/Symbol
LCR
Type
ERC20
Platform
Ethereum
Accepting
ETH
Token Count
12,500,000
Price
1 LCR = $1

LUCRE is an exclusive automated trading system & signal service for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. It is developed by a team with 8 years of algorithmic trading experience. Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE algorithm was build on a philosophy - Don’t HODL; Trade! allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market is going south the algorithm attempts to make profit by shorting it.

Lucre Trading Algo will be running on a Metatrader trading platform. Token sale participants will get an LCR token which will track the performance of the Algo. The price will be updated regularly to accurately reflect the value of the underlying Crypto assets being traded by the Algo. A participant can trade on the exchanges which will list the LCR token.

LCR token will only be sold during the pre sale and Token sale main event. No further tokens will be minted post Token sale event

Return on HODLing Bitcoin vs Performance of LUCRE Trading Algorithm

Past performances are not indicative of future results

Back-tests of Algo trading were carried out for 365-days over the period 1st April, 2017 – 31st March, 2018 on the MetaTrader's Strategy Tester using high-quality tick data. Trade related expenses are calculated as 1% over-market for every trade executed as spread and any swap (overnight interest) charged if the trade is kept open after 5:00PM EST.

SIGNAL SERVICE

Receive buy/sell/close alerts of high-quality and exclusive trading signals with +75% of accuracy to trade it yourself on any broker or exchange.

AUTOMATED TRADING

Fully automated system compatible with all Crypto exchanges and Forex CFD brokers to connect LUCRE with your account without need to move your funds.

TRADING POOL

LCR tokens deposited in the pool will be managed by LUCRE algorithm and trading team.

LUCRE PROCESS DETAILS

Powered by Blockchain Technology

Participant applies for the LUCRE Token and gets whitelisted (KYC/AML). After receiving the confirmation of been whitelisted the participant then sends the funds (ETH) to the public address of the Token sale event. After receiving the funds, LUCRE smart contract automatically sends the LCR Tokens to the sender’s wallet. Part of these funds are sent to the company reserve fund wallet; At the end of the Token sale event, 40% of the received funds in ETH are liquidated and transferred to the LUCRE Derivatives Trading account where trades are executed by the LUCRE Algo. The trading account is also linked to a third party system where the performance of the Algo is verifiable 24X7.

For every trade executed by the LUCRE Algo, a signal will be sent out to every participant who has contributed more than 1ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD crypto brokers and in the future will be available for crypto exchanges as well.

Daily performance calculations will take place and posted on the LUCRE dashboard

SUCCESS

A breakthrough trading algorithm has already been developed which is being tested and refined 

EXPERIENCED TEAM

More than 8 years of experience building Algorithmic trading robots 

AUTOMATED TRADING

100% hand-free Autotrading system that eliminates the psychological effect to manual trading

EXCLUSIVITY

Exclusive for Token sale participants! Recurrent profits simply holding tokens without adding extra funds

ERC20-COMPLIANT SMART CONTRACT

The smart contract complies with the ERC20 token standard and can be used from any compatible Ethereum wallet. Participants should keep in mind that there is a risk of loss if they send Ether from an exchange. Exchanges do not offer the ability to interact with crowdsales in general. A wallet should be created outside of any exchange and Ether should be sent from that wallet to the crowdsale contract.

Participants can send ether to the contract directly or via buyTo function. The ether purchase amount is used to calculate the tokens bought which are then added to the balance of the participant account. The participant account (the account that is debited with tokens) is the sender account when using the buy and fallback function or the specified address when using the buyTo function and passing an address as an argument.


Team


Ganesh Puri

CEO, LUCRE Proprietary Trader


Aksana Papovich

CMO - MBA


Harjit Singh

CTO


Emerson Cruz

Algorithmic Trading developer


Vishal Jaggi

Frontend Developer

Roadmap

  • AUG 2010

    Proprietary FX Trading company was created

  • SEP 2011

    First trading Algo was created for major FX pairs

  • JAN 2014

    FX trading opened for clients

  • NOV 2017

    Initial Research and Development for Cryptocurrencies

  • APR 2018

    Develop Smart Contract

  • MAY-JUL 2018

    Finalize Smart Contract and develop dashboard

White Paper

Investment Info
Accepting ETH
Token Info
Country Saint Kitts and Nevis
Hardcap $7,000,000
Softcap $2,000,000
Token LCR
Platform Ethereum
Type ERC20
Token Price 1 LCR = $1
Token Count 12,500,000
Schedule
Pre-Sale Start Date 2018-October-15
Pre-Sale End Date 2018-November-13
Crowd Sale Start Date 2018-October-15
Crowd Sale End Date 2018-December-11

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