Hello my friends all met me on this blog. On this occasion I will provide an extraordinary project information called Kryll.io
Cryptocurrency trading has been a continuously rising market since the first bitcoin transaction around early 2009. The next step spawned the birth of new cryptocurrencies and exchanges where people could trade different currencies. Today there is an active community of millions of traders exchanging coins in volumes corresponding to >100 Billion USD every single day.
There are dozens of exchanges where people buy or sell bitcoins or so called altcoins, trying to make a profit from the current market trend, trading channels signals, news feeds or even pure luck and intuition.
There are communities of hobbyist traders talking in channels like Telegram, Slack or Discord or
on internet forums, who collaborate in the hopes of forging a path through the vast universe or
crypto trades.
We’ve been part of this community for quite a while, and want to offer a tool allowing us to join forces and all profit from. Historically, the hive mind has always won out.
Since 2009, Bitcoin and other cryptocurrencies enjoyed a phenomenal growth in terms of public interest and valuation. Holding investors, professional traders and hobbyists all benefited in their own ways from the amazing opportunities granted by this brave new world. Nevertheless the trading game requires time, technical knowledge, analytical skills, discipline and proficiency using professional tools in order to achieve true success. Crypto traders without all of this missed opportunities or lost a chunk of their assets in the last few years.
The core Kryll team is composed of veteran developers and Internet professionals who’ve all been trading cryptocurrencies as hobbyists for years. With their background and close circle of advisors ranging from economists, business developers, artificial intelligence and semantics analysis experts, they’ve decided to build the right platform for crypto traders. They provide
Kryll.io is the ultimate platform for cryptocurrency traders who are looking to use the most advanced trading tools and strategies, as well as the combined intelligence of the community in order to achieve the best returns in cryptocurrency markets. The platform provides intuitive ways to create your own trading strategies and set them to
execute automatically. Through a What You See Is What You Trade interface you can design trading strategies making use of the industry’s most powerful tools and safely test them with
backtesting and sandboxing.
Once your tools prove their worth you can set them to live-trade on your behalf, taking the right positions at the right time, as if you’re following the markets 24/7.
On Kryll.io you can also rent-out your very own winning strategies that’ll help fellow traders reach the success you did. You will be rewarded with passive income for doing so.
Kryll Platform
The Kryll.io platform aims to fill in the gaps to get everyone efficient trading tools.
Introducing WYSIWYT (What You See Is What You Trade) technology, the Kryll team will provide a simple yet powerful strategy defining interface based on blocks and flow. A flow visually describes the confluence of signals, operators and relevant data determining a particular strategy.
There are 5 main families of blocks that can be used to build a strategy :
1.Market Trends. They span from the usual trend analysis (volume modification, price fluctuation, ) to technical data analysis & studies (channels identification, patterns detection, resistance rejection, demand zone detection) and
modelling (machine learning based market prediction) units.
2.Trading actions. Like buy, sell, split amount into subsets, hold amount (like profits), loop, stop
3.Signals. Coming from professional traders, qualified Telegram channels or social network semantic analyses.
4.Operators. They’re meant to organize data feeds and signal interactions (eg: IF the market is up AND “BTC” is receiving positive feedback on Twitter ...)
5.Notifications. To keep you informed of a strategy’s status (this could be a text message, email or smart notification)
Once a strategy has been finalized it’s time to put it to work. Before sending it to the big boy arena you’ll be able to test it over the 6 months of recorded data - assuming it does not depend on an external non-reproducible input - using 250+ pairs and a 1 second frequency that will be available for backtesting. Another testing modality will be available with our sandboxing option where the strategy is tested as if it were actually running on the market, but not accounting for the impact it may have on the market’s actual.
When you are confident enough with a strategy’s efficiency you can put it to work in live-trading and inject a small amount of Kryll (KRL) to grease the wheels.
Depending on your design and preference, a strategy may run once on your input, for example by buying a coin at market price and optimizing its holding via a 2 steps Take-Profit and Stop-Loss operation. Another might as well just listen to twitter sentiment about your favorite currency to compare it with market data before notifying you of a (probable) dip. Yet another one (many can run concurrently) may automatically stay awake, listening to market ready to buy a coin the second it dips, whenever it may happen so to sell it for a profit and start all over, or send you an alert when the mood is bad on social networs and marker starts dropping.
Business plan
The token sale will fund the development of the platform as well as provide marketing power to get onboard new users. After that step, users using it in live trading will pay a fee that’ll be recouped over time to cover the exploitation, maintenance and extension of Kryll.io.
Our past entrepreneurial endeavors tell us that 3 years business plans are unreliable given the reality of highly variable environments, which is all the more true in the cryptocurrency world.
Nevertheless, we’ve projected one anyways ! Using Bittrex as an example and based on a rough estimate, if there are 0.2% of monthly users on the platform in 2019 spending the equivalent of 6 USD per month in KRL (10 KRL) on average,
the operating cost of the platform will be covered. Given this, we will be able to invest a third of the revenue into R&D projects in addition to keeping on innovating on the platform.
Smart Token economy
Strategy cost
The Kryll.io platform economy relies on its utility tokens (KRL) that can be spent when using a strategy in live trading. Just like each smart-contract execution costs on the Ethereum blockchain depends on the complexity of the code, each live trading strategies execution on the Kryll.io will cost some energy (KRL fractions) depending on the complexity of the task performed. Strategy creation, backtests and sandbox testing will be free for all users.
Apart from fractions of KRL spent in the platform to fuel live trading strategies, no further expense will be charged by the platform: no subscription plan, no hidden fees, no commissions on trade, no strategy rent fee.
Cost governance
Since the token value (as compared to USD) will vary over time, an autonomous decentralised smart-contract will re-assess every 48 hours the energy needed to run the blocks in order to keep it at a fair level for everyone, whatever the value of the token takes over time.
Token Sale Details
Why a Token Sale ?
An Initial Token Sale or Initial Coin Offering (ICO) is the event for a cryptocurrency project such as Kryll.io to sell its cryptocurrency tokens (KRL) to early adopters and enthusiasts in exchange for funding.
This is an opportunity for Kryll.io to fund the future development of the platform and for the purchasers of tokens to participate in the early stage of the project.
From the Kryll.io platform’s point of view, it is also an unique opportunity to inform future users (whether they actually participate in the sale or not) about features they’ll be able to enjoy on the platform. Moreover, users who’ll have taken part in the Initial Token Sale will benefit from an early glimpse at the platform when the “funders” version is released.
Token Sale information
Users registered and having participated in the token sale will be invited to the alpha (dubbed “funders edition”) version of the platform.
Bonus plan
Token allocation
Funds usage
- 54% : Platform development
- 18% : Marketing expenses, user acquisition
- 15% : Exchange partnerships
- 09% : Operational costs, office, hosting
- 03% : Security reserve
- 01% : Legal expenses
Milestones
The token sale will fund the development and maintenance of the Kryll platform, with several other milestones that will depend on the final funding amount :
- Machine learning applied to market analysis
- Advanced Technical Analysis
- Tools (browser extension, extended mobile companion app, wallet, …)
- Social plugins (next block voting system, social sharing, embedded statistics, iframes...)
- Block Construction Kit & Hackathons
- White label exchange extension
Team
Core team
Luca BENEVOLO : CEO / Founder / Architect
Working for more than 12 years in the IT industry as an R&D Expert and entrepreneur, Luca is a crypto enthusiast, blockchain contributor and has traded cryptocurrencies for several years.
After co-founding the game studio Moving Player 8 years ago, he co-founded Cryptense to fulfill his crypto-passions.
Jeremy BLOT : Community Manager
Jeremy is a webmaster and freelance digital marketing specialist operating in the Web sphere since 2005. He is an active crypto trader, always keen to discuss new opportunities with his network of expert enthusiasts on Twitter, Telegram or Discord chans.
Paul COLLORAFI : CMO / Strategist
Paul is a seasoned owner of high-frequentation websites and SEO consultant. He’s been an entrepreneur since 2006, crypto trader and investor since the early days, ultimately finding the right place for his views and solutions to his frustrations within the Kryll.io platform.
Philippe LONGERE : CTO / Founder
After an academic background in France and California, Philippe fell into entrepreneurship into entrepreneurship 17 years ago, co-founding Moving Player and Cryptense with Luca.
Crypto trader since 2016, he has developed several trading bots for himself and his friends, but knew their reach would be much broader and impactful given the right platform.
Fabien MABON : Backend Expert
In the Internet industry since the 1990s, Fabien has developed, deployed and maintained backends for high-volume streaming sites and several startups. He entered the crypto trading world in force alongside the birth of Ethereum, and never looked back ever since.
Lisa PONS : Marketing Officer / PR
After finishing her business degree, Lisa went into sales & marketing for IT or mainstream products,in addition to pursuing her volunteering mission like the organization and overseeing of hackathons in the Nice (French Riviera) area.
Francis PRAT : Artistic Director
Francis has created unique visual profiles for small to medium sized companies from Europe to South America. He is be responsible for the unique look and feel of the Kryll platform.
Jay SALVAT : Frontend Expert
Jay has worked on providing the best UI/UX experience on the web for the last 20 years.
From Global 500 companies to startups, they’ve all praised his talent, and his open-source contributions. He will put his skills into making Kryll the simplest yet most powerful trading
platform there is.
Advisors
Thomas HERLIN : Business Development Accelerator at EIT Digital
Thomas has been an entrepreneurship since the 90s, having founded, advised, and/or developed several startups from the ground up all the way to their acquisition. Now at EIT Digital he’s accelerating startup growth on a continental level. He will be sharing his knowledge of business development and his network with Kryll.io to make it a success.
Nicolas IVALDI : Lawyer with EY / Founder at Ventury Avocats
Nicolas has helped with the creation of dozens of startups, their funding or their acquisition.
Nicolas is being involved in Cryptense’s early fund-raising and will continue to lead the legal aspects of the platform’s development and business.
Clement LAFORET : Scalability Expert / FreeBSD Contributor
Senior system administrator, Free BSD Guru and advocate, Clément is in charge of high availability infrastructures dealing with Terabytes of data everyday. He will help us design Kryll.io infrastructure and provide a platform that is always up and running.
Millie TAING : Founder at lili.ai
Millie decided to merge her knowledge in finance and project management and machine learning into an award winning business she founded 18 months ago : lili.ai. She will be our
eyes, ears and voice of reason when it comes to Artificial Intelligence development applied to cryptocurrencies
Sylvain THEVENIAUD : Managing Director at Allianz Accelerator
Sylvain has been involved in business development and innovation growth for the last 15 years. He fulfilled this experience by becoming the Director of the Allianz Accelerator where he has been involved in the growth of Fintech and Insurtech’s companies such as Qualisteo and Finsquare, and even Ledger (a crypto trade’s favorite). His experience and network will be precious for Kryll.io’s growth.
Raphael TRONCY : Head of the Multimedia Semantics group at EURECOM
Raphaël has been working in the field of semantics analysis for almost 20 years, and is a leader at Eurecom’s internationally renowned research on sentiment analysis. He will be the link between Kryll’s R&D activities on semantics analysis and the academic world.
Jerôme CHIFFLET : Innovation manager with Orange Labs Research
Jerôme is involved in Research and Innovation at Orange and has been working on developing partnerships and co-business with smaller companies. His clear view of ecosystems in small and large enterprises will help scale Kryll.io’s strategic positioning.
Patrick MUSSO : Professor of Economics
Former director of the GREDEG (Economics research unit of the CNRS), Patrick shares his knowledge in economic sciences with his graduate students and participates in top-end research studies within the field. He is our direct connection with scholarly research in economics, providing the most relevant and innovative technical analysis for Kryll.io.
Pui-Ching CHAU : Asian Market Consultant
Always at the forefront of technological innovation, inspired by finding new ways to combine technologies and innovation, Pui-Ching has put his creative thinking at the service of many
sectors such as Banking and Insurance.
If you have some questions about this project please visit some of the following links.
ANN | WEBSITE | WHITEPAPER | FACEBOOK | TWITTER | TELEGRAM | TELEGRAM (Bounty)
By Audrey
Eth: 0x78b383c8944CE0CE0AF242E968080bcF1A72b7C8
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