Place/Date: Singapore - May 20th, 2018 at 10:26 pm UTC · 5 min read
Contact: Spiking, Source: Spiking
The Spiking platform will allow traders to find Whales (i.e. key executives of large companies behind cryptocurrency tokens, mining pools and/or large holders) and follow their cryptocurrency trades.
Powered by state-of-the-art tools where followers meet Whales in a completely transparent environment, it will be built on a modern technology stack with fully audited security standards.
The Spiking platform intend to do this by using smart contracts on the blockchain, allowing users to mirror the trading activity of any Whale and control their own segregated trading accounts directly.
Dr Clemen Chiang, Chief Executive Officer and Co-Founder of Spiking, said:
“Tracking the trading activities of Whales will definitely provide valuable insight to users. The tracking of prominent players is clearly lacking in the cryptocurrency market today, a rapidly growing industry. Spiking seeks to fill this gap and bolster the decision-making process of traders, taking them closer to fulfilling their dreams of achieving financial freedom.”
Despite the explosive growth in the cryptocurrency market, there are five major pain points that a majority of traders face:
With the Follower-Whale model in mind, Spiking aims to address these five major pain points through artificial intelligence and machine learning. They include the following:
Additionally, users unfamiliar with the app will have the option of seeking assistance from RoboBull — the firm’s proprietary AI Robot. RoboBull is an intelligent portfolio management manager that applies artificial intelligence to create a portfolio of different Whales based on the trader’s risk/reward ratio.
SPIKE tokens will be the main transactional token that fuels the Spiking Platform. Users can send SPIKE tokens as rewards for Whales and to pay for the CST Program.
Additionally, users can earn SPIKE tokens as incentives by performing a service in the ecosystem such as writing reviews, personal profile completion, and referral of friends. Moreover, users can earn SPIKE tokens when they graduate among the top cohorts or are voted among the top instructors in the CST Program.
“Spiking puts 1,000 Whales in your wallet, transforming the way traders interact with the market. New traders can now also enjoy peace of mind with a more sustainable trading plan. We believe this platform will be a game-changer and with such a prolific core team building the platform, we are extremely confident of its success.”
Spiking is supported by a strong technical team, with Dr William H. Nguyen, as Chief Blockchain Architect. William is also the Chief Crypto Architect of GIFTO, one of the fastest selling ICOs in Asia.
The Spiking app has previously received support from Quest Ventures and National Research Foundation, Singapore Prime Minister’s Office under the Interactive & Digital Media Strategic Research Programme’s i.JAM Reload initiative.
In October 2016, Clemen collected a gold for the Spiking app at the SiTF Awards 2016, for Best Innovative Start-up (Early Stage), by the Singapore Infocomm Technology Federation.
Launched in April 2016, Spiking is Singapore’s first financial-technology trading app dedicated to helping the average trader follow the reputable investors as they buy and sell shares on the stock market. Since its conception, Spiking has expanded in countries like Malaysia, Hong Kong, and United States of America.
The app is available on the App Store and Google Play. More information on the ITO can be found at https://spiking.io.