Some of the most successful ICOs have been for concepts which serve the cryptocurrency community. In particular ICOs which are aimed at cryptocurrency traders.
A good example of this is 0X Which provides decentralised cryptocurrency exchanges.
The reason for this is clear.
Cryptocurrency traders are constantly looking for solutions which can help to enhance their trading.
Even a slight edge in trading is desirable because of its ability to enhance your profits.
In fact the difference between a successful trader and one which is unsuccessful is often only a matter of a few percentage points.
At the same time cryptocurrency traders that are already familiar with the idea of ICOs and tokens in general.
And as a consequence these same traders are willing to support those projects which are delivering tools that they would use.
That’s why the new Multibot token sale is one worth paying close attention to.
What Problem Multibot Solves
Multibot provides a solution to one of the big problems facing cryptocurrency traders. The problem of trading seamlessly between multiple different cryptocurrency exchanges.
As anyone who trades cryptocurrency the different cryptocurrency exchanges can be both a blessing and a curse.
The different interfaces and offerings of the cryptocurrency exchanges mean that trading between them can be and often frustrating experience. At the same time it can create opportunities for profit such as in the case of arbitrage,
Multibot Is a decentralised platform built on blockchain and it is delivered over the web. It provides a range of different trading tools which helps to integrate the trading experience between different cryptocurrency exchanges.
These tools help Traders to achieve a range of different things.
For example, using Multibot traders will be able to see at a glance through Analytics the different prices and volume for cryptocurrencies across exchanges.
Or using the arbitrage tool they will be able to easily see the price differential between different cryptocurrency exchanges. Something that is being challenging to achieve in the past.
Automated trade will make it easy to execute trades based on two criteria. This will allow traders to set stop loss orders the different cryptocurrencies and on different exchanges.
Orders can be set up through Multibot to move funds in and out of an account once it reaches a certain limit.
In essence Multibot Would provide a more cohesive and comprehensive experience for trading cryptocurrencies.
The utility of such tools should be pretty clear to anyone who it’s currently trading cryptocurrencies. As a consequence people who are looking to back an ICO which is likely to be successful may want to consider what makes Multibot unique.
Multibot Token Sale Details
Token Symbol: MBT
Price for MBT: 1 MBT is set at $USD1
Percentage of tokens distributed during token sale: 93%
Payouts: 50% of profits from Multibot are paid out to MBT holders on a quarterly basis
Website for MBT: https://multibot.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2248394
Whitepaper for Multibot: https://multibot.io/whitepaper.pdf