RoboAdvisorCoin RAC introduces its ICO, making waves as the foremost robo-adviser focusing on the crypto and digital asset sphere. By leveraging blockchain, the project delivers real-time forecasts and risk assessments. Notably, it is the first ICO to originate from Malta, part of the Eurozone.
London (16.10.2017).
Please Note: This is a Press Release
RoboAdvisorCoin, the brainchild of a seasoned tech and ICT entrepreneur, has officially launched its ICO, offering in-depth insights through its freshly minted White Paper available on its new website. www.roboadvisorcoin.com .
RoboAdvisorCoin emerges from the vision of a prolific tech and ICT innovator. Edoardo Narduzzi .
RAC is designed to equip users with cutting-edge, real-time prognoses and data analyses about the rapidly shifting cryptocurrency and digital asset market landscape.
Over the past four years, the platform has undergone rigorous testing, providing performance analytics and forecasts for conventional securities like stocks, bonds, ETFs, and mutual funds. Since last August, its AI framework has been rolling out daily reports on over 1,200 cryptos and tokens, serving as a novel, automated source of specialized insights. The service marries the conceptual richness of platforms like Spotify and Bloomberg by:
- Allowing users to curate and monitor a personalized 'playlist' of favored cryptocurrencies and digital assets, bundling these with a comprehensive toolkit for analytics and forecasting;
- Harnessing the precision of sophisticated machine learning within the vast expanse of big data to proffer trustworthy, tailored predictions and performance insights on the crypto and digital asset markets.
RoboAdvisorCoin will offer transparent, verifiable forecasts rooted in Robo technology, each securely logged on the Blockchain. The core ethos is to craft a mutually accessible, unchangeable, and clear database of all forecasts and analyses from the Robo-Advisor. This platform dares to decentralize predictions using blockchain, empowering every user to generate customized reports for their selected array of cryptocurrencies and tokens.
This advanced forecasting tool is designed with miners in mind, aiming to provide analytics that enhance efficiency and profitability in their operations.
The idea is simple: miners can use personalized, on-demand cryptocurrency predictions from the available digital currency ecosystem, combining this with their proprietary insights about production technology to identify the most lucrative cryptocurrency to mine at any given time. In the absence of a futures contract term structure, this on-demand capability becomes indispensable for miners and market players.
RoboAdvisorCoin is backed by an expansive team of skilled international professionals, ensuring the optimal growth trajectory of this technological initiative. RAC token holders gain access to all present and forthcoming services for a starting price locked in until 2021. We believe RoboAdvisorCoin is a cutting-edge synergy of AI, big data analytics, and blockchain tech applied to digital currencies and assets—indispensable for honing crypto trading strategies and risk management, while also serving as a trusted ally for miners targeting productivity benchmarks.
ICO Details
The ICO will officially begin on November 24thStarting at 1500hrs GMT, Bookiedom-Steadywealth Limited plans to mint 4,000,000 RAC coins, to be allocated following this distribution scheme:
- 25% of RAC tokens are earmarked for the Robo-advisory team;
- Another 25% is set aside for the RoboAdvisorCoin platform;
- And the remaining 50% will be distributed to contributors during the ICO phase.
RAC tokens retained by the company will incentivize other systems to collaborate with the platform. A minimum of 90% of these retained tokens will remain within company holdings for at least 12 months from the ICO launch date. The company's targets include a maximum raise of 100,000 ETH ('Hard Cap') and a minimum threshold of 3,000 ETH ('First Cap'), with a second target set at 15,000 ETH. [1] Exchange rate:
- One ETH equates to 28 RAC tokens if the soft cap of 3,000 ETH is achieved.
- For a cap of 15,000 ETH, one ETH will exchange for 24 RAC tokens.
- One ETH equals 18 RAC tokens should the 100,000 ETH cap be reached.
These values mean a total of 1,902,000 RAC tokens is allocated for contributors during the ICO period. The remaining 98,000 RAC tokens could be allocated in pre-sale upon request.
Launch date: 24th November 2017
The token launch window lasts for 30 days or until the maximum ETH is allocated, whichever occurs first.
If the First Cap isn't reached, every contributor will receive a full refund of their invested ETH.
DFAdvocates, a prominent Maltese law firm, provided legal consultancy for the ICO.
