Gimmer has just announced its crowdsale event to raise funds for the development of its breakthrough platform that automates cryptocurrency trading. The pre-sale will begin on January 17th, 2018, while the public sale will start on February 1st, 2018, making available Gimmer tokens (GMR) for purchase by the general public.
An alpha version of Gimmer was launched in 2017 as an automated trading platform that offers a wide range of custom features enabling both experienced investors and beginners to trade cryptocurrencies. The platform’s trading bot is able to take off such an important barrier for traders as emotions. And now Gimmer is going to introduce automated crypto trading for the mainstream market.
Gimmer in a Nutshell
Based on the Ethereum blockchain platform can be used by cryptotraders with different level of knowledge for performing automated trading. Beginners are able to access AI trading bots, while expert traders can design, build and rent out their unique trading strategies to others for a fee paid in GMR.
Thanks to the platform’s bots, trading on the platform is not vulnerable to emotionally-motivated decisions. Automation means guaranteed discipline of sticking to profit targets and stop-losses. Due to the fact that Gimmer trades directly through the exchange chosen by the user, the platform holds no trader funds.
Changing the Way Crypto is Traded
Currently, automated trading is offered only by a few platforms but these platforms usually require significant programming knowledge for using them. Gimmer’s platform will be simple and intuitive, meaning that everyone can now experience automated crypto trading. In order to start traders will need only existing accounts on several recognized exchanges.
Veteran traders will now have access to a market of new traders willing to rent personal strategies and trading bots from Gimmer’s store, which will open a new stream of passive income for them. Beginners, on the other hand, do not need to invest time to learn about individual currency markets, as they can rent bots with pre-programmed trading strategies. They can choose from other traders, or pick one built by Gimmer developers, many of which utilize sophisticated AI technology.
Through state-of-the art AI, trading bots can be used to design and test multiple strategies, while users’ risk profiles will find recommendations of strategies that suit the trader’s skill and appetite. Bots only follow strategies, that’s why they don’t enter or exit trades on emotion as traders may do.
What Lies Ahead for Gimmer
Gimmer’s development roadmap clarifies the specific objectives and achievements required, along with token sale timeframes and explanations how funds raised will be used. All details can be openly accessed via the roadmap.
One of the aims of Gimmer release as a decentralized application (dAPP) is to make it cheaper and faster, while allowing users to run multiple instances of bots simultaneously. Automation will also be developed to cover arbitrage and loaning activities, along with a mobile app this year.
Being developed by a team of international experts in the fields of private equity, fintech and trading, Gimmer is to gain popularity among traders with all ranges of skills who will get new revenue streams.
Gimmer CEO and co-founder Philipe Comini believes that the $600 billion crypto market of over 1,300 cryptocurrencies, with a daily trading volume of more than $27 billion, means that 26 million crypto traders still have to find options for automated trading:
“In the US alone an estimated 80m people invest in mutual funds and over $5 trillion is traded on the forex markets each day. There is huge demand for a crypto platform that can make crypto trading accessible, simple and profitable. Gimmer is bringing the world of cryptocurrencies to the mass market.”
Gimmer Token Sale
The Gimmer pre-sale will start on January 17th, 2018, with only 15 million Gimmer tokens (15,000,000 GMR) up for sale until January 31st, 2018. Following this, the public token sale starts on February 1st, 2018 and will run for four weeks until February 28th, 2018. At least 85 million Gimmer tokens (85,000,000 GMR) will be available for purchase at the public sale.
GMR will be sold at a base price of 1 ETH = 2,500 GMR. Minimum contribution for the pre-sale is 30 ETH, while for the public sale a 0.1 ETH minimum contribution applies. Big backers during the pre-sale stand to gain better bonuses, starting at 25% bonus for 30-300 ETH, 30% bonus for 300-1,000 ETH, and 40% bonus for contributions of 1,000 ETH or more.
Early backers during the public sale will get 20% bonus in Week 1, 15% bonus in Week 2, 10% bonus in Week 3 and 5% bonus in Week 4. Once token sales conclude, tokens will be listed on authorized exchanges for trading. Gimmer has set a soft cap target of 4,800 ETH and a hard cap of 35,000 ETH.