TRAKX IO

Greetings to you dear readers. I am always glad to share with you the most promising ideas and startups from the world of cryptocurrencies. They are created in order to facilitate our life with you, and to change the world in the future.

   Since in 2017, the cryptocurrency began to spread and gain its popularity at a breakneck pace, and in this regard, an innumerable number of different blockchain projects appeared. From this it can be noted that most of these projects only use part of the entire technical potential of the blockchain, and this in turn led to the lack of interaction between blockchain networks with each other.

With the advent of blockchain technology, the huge financial resources of the whole world are pouring into this sphere. Each of them is being introduced to simplify the lives of millions of people. This revolution will not bypass the private business and large companies, as they are also interested in fast and transparent payments, therefore they will increasingly support digital currency.

   TRAKX is committed to bringing all the possibilities of the Blockchain future into a single project.

TrakX (TKX) is an Ethereum-based token (ERC20 marker), whose goal is to create the first Crypto Tracker, since it claims that it is “the universal store for Crypto Trackers”

   The TrakX team is committed to making a surprisingly successful venture and to prove that Airdrop & Bounty projects can be truly successful, and with ICO funding this could be the next best currency in Crypto. The team monitors the smooth and successful promotion of talent, development, news and partnerships TrakX after solving current problems.

   Thanks to a daily reset, CTIs have a compounding effect, in which the losses and profits from each period affect the base from which the returns from the next period are calculated. Each Crypto Tracker will be its own ERC20 marker and can be saved in Ethereum wallets and also sold on Trakx.io.

Advantages of Crypto Trackers

Instant diversification: Crypto Trackers baskets allow investors to quickly access a portfolio of certain cryptoresources and sectors (for example, the 10 largest crypto conversions in market capitalization, the 10 largest social networks Dapps). It also allows users to constantly rebalance their portfolio.
Security . Trading cryptocurrencies may require accounts on several exchanges. Trading Crypto Trackers allow users to have only an account on Trakx.io to access a diversified portfolio. The vast majority of each crypto conversion that composes the index will be stored offline in cold wallets.
Low cost: investing in Crypto Trackers will be cheaper than open-ended mutual funds or even individually buying multiple crypto currencies. Being passively managed, their fees will be cheaper than other passive cryptocurrencies funds.
Passive management. Designed for index tracking, Crypto Trackers limit active buying and selling of securities. While there are advantages to active strategies, passive strategies tend to outperform active strategies on a historical basis and can provide better returns based only on cost savings.
Single Access Point: Trakx.io aims to become a one-stop shop for Crypto Trackers, providing Crypto Trackers for all kinds of strategies (Long, Leveraged, Inverse, Basket). We simplify user experience and avoid the hassle of registering on multiple platforms with multiple KYCs.
Trading flexibility: Crypto Trackers will trade 24/7 on our platform and, therefore, can be bought or sold at any time when market makers provide liquidity and a fair value of net assets. Crypto Trackers pricing is continuous throughout the day, and prices vary depending on underlying assets. Within a few minutes, Crypto Trackers investors know how much they paid and how much they got after the sale. Trakx.io will make investment in Crypto Trackers unprecedented and understandable: if a trader is bullish or bearish on a particular cryptocurrency or basket of crypto fibers, he or she will simply buy the appropriate Crypto Tracker. To promote a position, he / she just needs to sell the same Crypto Tracker.
Transparency: Crypto Trackers will track a third-party index, which limits potential conflicts of interest. In addition, our base reserves will be constantly monitored by Big 4 Audit, and our reserves will be published periodically. Users will be able to check which investments have their Crypto Tracker, their relative weight in the structure and, if Crypto Tracker has changed its position in any specific investments.
The team will present many products that are likely to have a huge impact on the blockchain industry, one of the products that will help users who trade in Crypto-exchanges, reduce the fee for them, thus saving BIG Amount money for Crypto Traders to a large extent. This is a rather unique feature and very useful for certainty, since many people want to trade, they also do not want a big commission, and current statistics show that when it comes to a commission, it looks a bit expensive. Let's just take Bitcoin, for example ... sending Bitcoin is now becoming a huge payment problem for many people, since it takes about $ 8 per transaction, which is quite a lot!
At Trakx, our plan is to implement best practices in terms of transparency and the management of our cryptotreizers:

If there are reserves maintained in a one-to-one ratio, Trakx.io trackers should not face any market risk, such as liquidity crises and Black Swan events.
Individual offer support gives easy understanding for non-technical users.
Trakx.io will offer full transparency of its reserves. At any time, the balance stored in reserves will be equal to the number of crypto traders in circulation and is easily verifiable. As the custodian of the subsidiary asset, Trakx.io will act as a trusted third party responsible for this asset. The corresponding total volume of cryptograms stored in the reserves of crypto traders will be confirmed by regularly publishing our balance sheet and periodically auditing well-known professionals (Big 4).
Market makers will be able to intervene and capitalize on arbitrage opportunities, always ensuring that our crypto traders trade at the value of their net assets.
Currently, TarkX launches the Bounty program for half a million dollars ($ 500k Airdrop at TKX to declare), which is about 5 million TKX tokens in general to get rid of really simple tasks on social networks!
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Roma P