algo.land
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100 PLASMON=1 ETH
About algo.land
We facilitate participation in trading algos while giving token holders the power over the pool. With the Ethereum smart contract we can decentralize the fund and govern the pool through voting. The trading algos trade the most liquid markets in the world: Forex and indices
Based on the Ethereum Blockchain it is possible to construct interesting contracts. The fixed rules and online execution of a smart contract are ideal for combining with algorithmic trading. Algorithmic trading or bot trading is the trading of securities and their derivatives through programmed rules. The smart contract enables the managing of a common account including risk managment and payout managment. The creation of our own token (the Plasmon) is the easiest way of reproducing profit participation. The cost of participation in bot trading is super low thanks to blockchain.
The contract doesn't send money to brick&mortar businesses which causes complicated interfaces and the need for curators. Futhermore collecting assets to invest in other businesses is a heavily regulated activity that needs a license. Letting some bots run together is much easier, more entertaining and you will get results (hopefully profits) much faster, normally within days. The trades and the account can be observed live and online. The tokens can be sold anytime on a cryptocurrency exchange.
algo.land Team
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algo.land Reviews
Algo.land is an algo trading platform based on majority rules governance. A >50% majority makes decisions for the algo pool – including the trading robots to use, as well as the amount of funds allocated to trading robots. Investors can participate in the Algo.land trading pool by purchasing Plasmon tokens, available during the ICO for 0.01 ETH per token. Each Plasmon token represents 100% trading equity. Algo.land charges a 20% fee on all profits, while 80% of profits are distributed to fund participants.
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