Trackr, a crypto analysis engine, has been met with success in its public crowdsale. The project has already gathered a lot of interest and raised nearly $150k in the first week with another 3 weeks to go.
The team have recently conducted a video interview with popular YouTube cryptocurrency discussion channel iTuber. The full video interview can be viewed at https://www.youtube.com/watch?v=2J_LlBvBZ9I and answers various questions from the community about the project and its future.
Built on the immutable Ethereum blockchain technology and crypto exchange API’s, the team have developed an analysis engine with an accompanying mobile app that lets users perform automatic analysis of their crypto investments. The user interface is optimized to provide users a snapshot of their profit/loss and identify areas for improving their investment strategies. Trackr’s whitepaper goes more in-depth and can be found at https://www.trackr.im/media/whitepaper.pdf.
A free to use Alpha version can be downloaded on iOS and Android devices through the Play Store or the App Store. The proof of concept version is capable of importing transactions from your wallet and visualizes your profit/loss trajectory, furthermore it can be configured to provide notifications to alert you of market events such as pumps and dumps. The Alpha has been received with success and moving forward the team have devised a 7-phase roadmap plan which will see it implement analysis algorithms such as machine learning and Monte Carlo simulations to predict market prices and other advanced features such as backtesting of investment strategies.
The Trackr token, ‘TKR’, serves a number of purposes, most notably acting as the currency which allows in-service purchases, users can operate in a decentralized environment and make use of Ethereum’s peer-to-peer technology to share investment strategies and portfolio successes with other users for a price they set, charging a nominal fee to use the platform which is transacted on by smart contracts.
Funds raised through Trackr’s crowdsale will be distributed to further development of the Trackr offering which includes infrastructure and legal costs (40%), team expansion (20%), research and design (20%), product development (10%), and advertising/marketing (10%).
Trackr is a cryptocurrency performance analysis platform targeting both casual crypto investors and seasoned traders. The vision behind Trackr is centered around providing a simple and easy to use service that combines advanced mathematical models and algorithms to perform an in-depth analysis of the user’s portfolio and to provide a summary highlighting shortfalls and areas of improvement in one’s investment strategy. Trackr is ideal for beginners, advanced traders, and anyone looking to enter into the crypto world.