WHITEPAPER v. 1.1
Table of contents 1. DISCLAIMER (English) 3 2. INTRODUCTION...4 3. CRYPTOTRADER...5 3.1. Online part...6 3.2. Local Trading Platform....7 3.3. Development block of your own strategies.8 3.4. Marketplace... 8 3.5 Indicators.....8 3.6. Robots.8 3.7. Social Network Functions....8 4. WORK FLOW CHART....9 5. Tokens trading...10 5.1. DHT Distribution process.......10 5.2. DHT Distribution... 10 5.3. DHT Assessment. 11 5.3.1. Tokens prices during pre-sale..11 5.3.2. Tokens prices during sale:...12 5.3.3. For what I can use DHT tokens....12 6. About our team...13 7. Risk Disclosure (English). 14 1131
1. DISCLAIMER (English) THE PURPOSE OF THIS WHITE PAPER IS TO PRESENT THE FOX TRADING PROJECT TO POTENTIAL TOKEN HOLDERS IN CONNECTION WITH THE PROPOSED TOKEN LAUNCH. THE INFORMATION SET FORTH BELOW MAY NOT BE EXHAUSTIVE AND DOES NOT IMPLY ANY ELEMENTS OF A CONTRACTUAL RELATIONSHIP. IT S SOLE PURPOSE IS TO PROVIDE RELEVANT AND REASONABLE INFORMATION TO POTENTIAL TOKEN HOLDERS IN ORDER FOR THEM TO DETERMINE WHETHER TO UNDERTAKE A THOROUGH ANALYSIS OF THE COMPANY WITH THE INTENT OF ACQUIRING FOX TRADING. NOTHING IN THIS WHITE PAPER SHALL BE DEEMED TO CONSTITUTE A PROSPECTUS OF ANY SORT OR A SOLICITATION FOR INVESTMENT, NOR DOES IT IN ANY WAY PERTAIN TO AN OFFERING OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION. THIS DOCUMENT IS NOT COMPOSED IN ACCORDANCE WITH, AND IS NOT SUBJECT TO, LAWS OR REGULATIONS OF ANY JURISDICTION WHICH ARE DESIGNED TO PROTECT INVESTORS. CERTAIN STATEMENTS, ESTIMATES, AND FINANCIAL INFORMATION CONTAINED IN THIS WHITE PAPER CONSTITUTE FORWARD-LOOKING STATEMENTS OR INFORMATION. SUCH FORWARD-LOOKING STATEMENTS OR INFORMATION INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES WHICH MAY CAUSE ACTUAL EVENTS OR RESULTS TO DIFFER MATERIALLY FROM THE ESTIMATES OR THE RESULTS IMPLIED OR EXPRESSED IN SUCH FORWARDLOOKING STATEMENTS. THIS ENGLISH LANGUAGE WHITE PAPER IS THE PRIMARY OFFICIAL SOURCE OF INFORMATION ABOUT THE FOX TRADING TOKEN LAUNCH. THE INFORMATION CONTAINED HEREIN MAY FROM TIME TO TIME BE TRANSLATED INTO OTHER LANGUAGES OR USED IN THE COURSE OF WRITTEN OR VERBAL COMMUNICATIONS WITH EXISTING AND PROSPECTIVE CUSTOMERS, PARTNERS, ETC. IN THE COURSE OF SUCH TRANSLATION OR COMMUNICATION, SOME OF THE INFORMATION CONTAINED HEREIN MAY BE LOST, CORRUPTED, OR MISREPRESENTED. THE ACCURACY OF SUCH ALTERNATIVE COMMUNICATIONS CANNOT BE GUARANTEED. IN THE EVENT OF ANY CONFLICTS OR INCONSISTENCIES BETWEEN SUCH TRANSLATIONS AND COMMUNICATIONS AND THIS OFFICIAL ENGLISH LANGUAGE WHITE PAPER, THE PROVISIONS OF THIS ENGLISH LANGUAGE ORIGINAL DOCUMENT SHALL PREVAIL. FOX TRADING DOES NOT ALLOW USERS TO AVOID CAPITAL CONTROLS OF ANY KIND AND DOES NOT ALLOW THEM TO INVEST IN ANY FOREIGN ASSETS. PURCHASE OF FOX TRADING TOKEN MAY INVOLVE A HIGH DEGREE OF RISK. SEE RISK SECTION IN THE TERMS AND CONDITIONS OF TOKEN GENERATION EVENT (THE TERMS ). BEFORE TAKING A DECISION TO PURCHASE FOX TRADING, MAKE SURE YOU ARE CAPABLE TO PROVIDE REPRESENTATIONS AND WARRANTIES SPECIFIED IN THE RESPECTIVE 4 SECTION OF THE TERMS. THE DISTRIBUTION OF THIS DOCUMENT AND THE OFFERING AND SALE OF FOX TRADING IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW, AND THEREFORE PERSONS INTO WHOSE POSSESSION THIS DOCUMENT COMES SHOULD INFORM THEMSELVES ABOUT FOXTRADING-WHITEPAPER.PDF AND OBSERVE ANY SUCH RESTRICTIONS. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS COULD RESULT IN A VIOLATION OF THE LAWS OF SUCH JURISDICTION. FOX TRADING SHALL NOT BE OFFERED OR SOLD TO, OR FOR THE ACCOUNT OR BENEFIT OF, A CITIZEN OR PERMANENT RESIDENT OF UNITED STATES, SINGAPORE AND PEOPLE S REPUBLIC OF CHINA OR RESIDENT OF A COUNTRY WHERE AMERICAN EMBARGOES AND SANCTIONS ARE IN FORCE, NAMELY IRAN, NORTH KOREA, SYRIA, SUDAN, OR CUBA (TAX OR OTHERWISE), OR TO AN INDIVIDUAL HAVING A PRIMARY RESIDENCE OR DOMICILE IN THE COUNTRIES MENTIONED ABOVE (TAX OR OTHERWISE). IF YOU ARE ONE OF THE AFORESAID, YOU ARE NOT ELIGIBLE TO BUY FOX TRADING IN ANY FORM AND/OR BY ANY MEANS. IT IS YOUR SOLE RESPONSIBILITY TO ENSURE THAT YOUR PARTICIPATION IN THE TOKEN SALE IS NOT PROHIBITED UNDER THE APPLICABLE LEGAL RESTRICTIONS IN YOUR COUNTRY OF RESIDENCE OR DOMICILE. 1141
2. Introduction The development of new technologies over the last decade has completely changed the world. The emergence of crypto currency can be considered the most significant event. Thanks to the crypto currency, any startup can use Blockchain, which allows creating your own crypto active asset and linking the asset to the value of the company. This provides an opportunity to create new models of fundraising and transforming potential for venture capital. Over the past few months, the number of start-ups creating their own crypto active assets has risen sharply. CryptoExchange opens up entirely new perspectives for traders and investors. On the other hand, more and more traders in various fields use automated trading systems (robots) that help traders to make quick decisions with the help of the built-in algorithm and instantly place the order on the CryptoExchange. Our mission is to provide a crypto trader with the opportunity to trade on a CryptoExchange through a convenient platform, allowing to connect to several exchanges at the same time and to select the best trading conditions at the moment, using both manual and automatic strategies. In addition, 1stCryptoTrader platform (http://1ct.io) provides an opportunity to analyze the market of crypto-currency using advanced curves, classical technical indicators and complex algorithmic models. It is also possible to create your own strategies in just a few minutes. The 1stCryptoTrader platform is the place where you can create fully customizable trading robots, no technical knowledge is required. Also you can use ready-made robots and exchange trading signals through a social network of crypto traders. 1151
3. CryptoTrader 1st CryptoTrader consists of the following main parts: 3.1. The Online Part, which, in turn, consists of two main parts: Online account of the crypto trader, allowing to manage the local platform, adding connectors to various crypto exchanges (gdax, kraken, bitfinex, bitstamp, bitmex, binance, poloniex, bittrex, deribit, okex, cexio, huobi, Hitbtc) or deleting them Online social network, allowing traders to exchange, sell or buy trading, automatically executable signals A marketplace allowing to sell or buy custom indicators and custom automated trading strategies, and exchange them 1161
3.2. Local Trading Platform, connected via API to crypto exchanges, consisting of several parts: Aggregator, allowing to choose the best price at a given time Connector unit to crypto exchanges Manual trading unit with preset options Trading unit with built-in robots and custom user robots Development block of your own strategies Curves Indicators Automatic strategies (robots) 1171
3.3. Development block of your own strategies Traders with no programming skills will be able to create their own automated trading strategies using this unique, visual and easy-to-use tool. 3.4. Marketplace 3.5. Indicators If you do not have enough of developed strategies, you can buy an indicator or a robot, developed by other traders. Indicators are used to analyze past and current price information to help traders predict the future price movement. In addition to a wide range of technical indicators included in the platform, traders can create their own custom indicators based on certain factors. 3.6. Robots A trading robot is a commercial, fully automated algorithm allowing to conduct automated trading. In addition to a wide range of robots included in the platform, traders can create their own robots based on their own trading algorithm. 3.7. Social Network Functions The 1stCryptoTrader platform provides a platform in which the crypto traders community can exchange information among themselves, with strategy developers, and buy or sell signals that can be automatically copied from the signal provider platform to the platform of followers. Democratization of machine intelligence in the crypto trade industry is a complex task, and most of it is to create an environment in which users can share their knowledge, experience and ideas about algorithmic trade with the community through a structured, well-organized way. In turn, ideas, accepted and approved by the community, should be easily accessible to other users who need them. 1181
4. Work flow chart The 1st CryptoTrader road map for 2018-2020 is divided into six stages. Each stage consists of a certain number of functions that will be implemented. Completion of all functions at this stage completes the stage itself. After each stage, we will conduct extensive testing and audit of the implemented functions, so we expect the time between work at different stages. We are working on several functions at the same time, however, the work on the functions from the forthcoming stage will begin only after the ongoing functions of the current stage have been completed and checked. Stage 1: Q1-Q2 2018 Features: Creation of the platform interface and the prototype of the online account The first and already completed stage is the creation of the interface of the local trading platform, as well as the prototype of the online cabinet http://1ct.io Stage 2 Q3 2018 - Development / testing of connectors to crypto exchanges - Development / testing of the manual trading unit - Development / testing of the unit for working with curves Stage 3 Q4 2018 - External API development Stage 4 Q1 2019 - Development of a unit for copying signals - Development of a unit for creating trading strategies Stage 5 Q2 Q3 2019 - Development of a unit for creating automated trading strategies (robots) Stage 6 Q4 2019 Q1 2020 - Development of your own built-in automated trading strategies 1191
5. Tokens sell 5.1. DHT distribution process The 1stCryptoTrader startup and the corresponding token creation process (DHT) are based on the Ethereum block chain (as described in the section of the signal token in this white paper). The distribution process will consist of two stages: the sale of tokens and the pre-sale marking phase. The process will begin with the pre-sale marking phase starting at 12:00 p.m. EST at 26, September 2018. For more information about the two stages, see PRICES and DETAILS below. Participants wishing to support the sale of 1stCryptoTrader tokens can do so by sending ETH to the specified address. Detailed instructions on how to participate in this process will be available on the network (https://ico.1ct.io) before the distribution process begins. By contributing, participants request the DHT tokens at the prices specified in the section below. The received DHT tokens will be transmitted immediately after the end of the distribution period. 5.2. DHT distribution A total of 10,000,000 (DHT) tokens will be issued. Absolutely all of them will be released during the distribution period. This is the final amount of tokens, and no other tokens can be released. 75% of DHT will be offered for sale to depositors in the distribution process; 11101
10% of DHT will be reserved for rewarding developers of trading strategies and indicators for the crypto trader and social platform; 15% of DHT will be distributed through our affiliate program as a reward for marketing initiatives. 5.3. DHT Assessment Prices for DHT will be assigned to ETH one day before the beginning of the pre-sale marking phase. The DHT unit price will be calculated using the ETH/USD exchange rate at that time, and the following prices are pre-assigned in US dollars: 5.3.1. Prices of tokens during pre-sale: DHT will be sold at this stage for no more than 400,000 US dollars. We provide a 30% discount during the presale program for all DHT compared to the price at the end of the tokens sale. This is 571428 DHT, at a cost of $ 0.7 for 1 DHT The minimum transaction amount in Ethereum is 0.1 ETH; The minimum transaction amount in BTC is 0.01 BTC; The minimum transaction amount in USD is $ 10; 11111
5.3.2. Tokens prices at the sale time: At this stage DHT will be sold for no more than $ 7,333,928 if in the previous stage there were no unsold DHTs that will be added to this number. At the beginning of this stage, a 15% discount will be offered on the first sold token, which will then gradually decrease, while the last sold token will not receive a discount. The price of one token ranges between $ 0.85 and $ 1.00, determined by the linear growth function, where the lowest price is the price of the first DHT token sold at this stage, and the maximum price is for the 7,928,571th token. The minimum transaction amount in Ethereum is 0.1 ETH; The minimum transaction amount in BTC is 0.01 BTC; The minimum transaction amount in USD is $ 10; 5.3.3. For what I can use DHT tokens All the paid functions available on the 1CT platform will be possible only through DHT tokens. Our commission for using the platform is 0.02% of the traded volume. Example You bought 0.01 BTC for $90 through our platform, then our commission is $ 0.018. If you bought tokens at a price of $0.7 at the pre-sale stage Let's say at the moment the market price of token is $1 In this case, you will pay, in fact, 30% less commission $0.018-30% = $0.0126 Etc Also, you can use DHT tokens to purchase robots and indicators through our trading platform, paying subscription to signals, etc. This approach will create a positive correlation between the success of the 1CT platform and the value of DHT tokens. We are also negotiating with several exchanges to bring tokens for sale on the exchanges. 11121
6. About our team Digital Humanity Inc. is registered in Ontario in Canada under the number 002609786. Our team consists of professional programmers and mathematicians with extensive experience (15 years) in creating trading systems and software for trading in the foreign exchange market. Currently, due to the growing popularity of the Crypto currency, there is a need for a convenient trading platform for crypto currency exchanges both manually and with the help of trading systems. In order to meet market demands and provide users with the resources they need, we established the abovementioned company (Digital Humanity Inc.) and attracted specialists capable of solving the tasks of high complexity. Boris Fesenko CEO & Co-owner Ilya Tsiganovsky CTO & Co-owner Alexander Radzihovsky Developer & Co-owner Nikolai Rybakov Head of marketing department Semyon Dovgyi Administrator 11131
7. Risk Disclosure. Trading Forex or Cryptocurrency carries a high level of risk and can result in the loss of all of your investment. As such, trading cannot be appropriate for all investors. You should not invest money that you cannot afford to lose. Fox Trading doesn't retain responsibility for any losses as a result of using our services. 11141