OpenBlock OBC ICO: Automated Crypto Trading Bot & Exchange?
As things currently stand, there are over a thousand legally listed crypto assets in the market. However, when looked at more closely, we can see that these digital currencies are still making use of an archaic financial system that has been valued by many experts to be worth over $500 billion.
With currencies like BTC, ETH, XRP dominating the trade market, many people now view altcoins are being a source of ‘high marginal returns’. However, on the flipside it should be noted that due to the existing economic sand-traps, individual traders often end up ignoring the pitfalls of trading, and end up causing major price swings within the global financial market.
About OpenBlock OBC
OpenBlock can be thought of as an “automated cryptocurrency trading platform”, that allows regular/ novice investors to get involved with alt assets in way that does not require too much prior knowledge or experience. Since the OpenBlock governance module is completely automated, it is able to warn users to volatility swings, thereby minimizing trade losses and increasing overall ROIs.
At this point, it should also be mentioned that this platform makes use of an advanced trading bot. This bot uses proprietary programming codes as well as protocols that allow users to benefit from the continuously growing digital currency market while capitalizing on market swings.
Other Key Aspects of OpenBlock OBC
(i) Patented Technology:
As mentioned earlier, this platform uses a crypto-bot called OBi to help bring in good trading returns for token holders.
(ii) Remote Usability:
Open Block is non-resource intensive and thus can be used via digital mediums from any part of this world. This allows for more financial flexibility, as well as usability.
(iii) Open For Everyone:
One of the most crucial aspects of this system is that users don't have to be extremely familiar with the core concepts of crypto to make their investments. The Obi bot uses an interface that is highly user-friendly and can be implemented quite easily.
(iv) 24/7 Functionality:
A highly underrated aspect of OBi is that it is operable during anytime of the day or night. This helps users take advantage of financial fluxes even when they are sleeping or going about their daily work.
Why Choose OpenBlock OBC?
(i) Pre-Defined Trading Rules:
Since all of the investment boundaries are set in advance, users can be sure that their money will never be utilized in a way such that they don't have full control of their funds at all times.
(ii) No Emotional Element Involved:
Unlike human investors who have the tendency to go all-in sometimes, this automated platform reduces the chances of large monetary losses by eliminating the role of human emotions.
(iii) Risk Management:
One of the most overlooked aspects of Open Block is that it makes use of risk mitigating tools that can help curb losses.
(iv) Defined Entry and Exit Rules:
Owing to a set of pre-defined trade mechanisms, OpenBlock is able to streamline the entire investment process.
OpenBlock OBC ICO Token Details
In all, there will be a total of 25,000,000 tokens that will be created. All internal transactions will be facilitated through the use of these coins (abbreviated as OBC).
Token Distribution Details
- 41.5% of the currency pool will be reserved for the pre-ICO and main-sale.
- 20% of the tokens will be given to the core team members.
- 10% will be used for referral purposes.
- The remaining 28.5% will be used to create a reserve account.
Distribution of Funds
- 40% of the money will be used for further Bot related development.
- 25% will be used for marketing purposes.
- 15% of the raised revenue has been set aside to pay for office rent, employee salaries.
- The remaining funds will be distributed amongst team members and legal advisors.