Scrinium claims to be the future of portfolio investing. Find out how it plans to change the investment community today in our review.
What Is Scrinium?
Scrinium, found online at Scrinium.ai, describes itself as “an unprecedented system” that will analyze your performance as a trader, then assign an individual portfolio based on a level of profitability and risk set by you.
In other words, Scrinium analyzes your trading activity, then sets up an investment portfolio based on that activity.
The pre-ICO for Scrinium tokens starts in mid-December, with the general ICO lasting until mid-March 2018. You can buy “ScrinCoins” during the ICO, which are the in-platform currency used for Scrinium.
What Problems Does Scrinium Seek To Solve?
Scrinium seeks to solve major problems in the investment community, including:
- Investors have trouble keeping up with the knowledge and analytic skills required to be a good investor
- Copy trading has given users a significant level of risk and investment loss without guaranteeing profits
- Several intermediaries participate in centralized trading schemes, leading to low profits from archaic forms of investment
Ultimately, Scrinium believes today’s investment community has several points of inefficiency – even in new areas like copy trading. Scrinium believes it can solve these problems using a unique decentralized investment platform.
How Does Scrinium Work?
Scrinium aims to solve all of those problems using decentralized investment technology. The platform is built on the performance analysis of millions of traders around the world. Scrinium picks the most appropriate and consistent traders, then automatically creates an investment portfolio that fits the unique needs of every private investor.
Investors can choose a level of risk and profitability that suits their unique needs. They can also choose the assets in which they wish to invest. All of these options are accessible from an easy UI: you choose assets (like indices, commodities, currencies, stocks, and crypto) from a list, then select your desired returns (say, 150% returns per year with a 10% risk factor, or 300% returns with a 30% risk factor).
There are also expert settings for investors with greater market familiarity, including setting the drawdown, trading volumes, limitations, and more.
Scrinium aims to offer all of the following features:
Scrinium’s decentralized system means they avoid the centralized model we typically see with investment firms, where all funds are kept in siloed accounts run by investment managers in a non-transparent way.
Scrinium has a vast pool of liquidity providers to offer better quotes to customers.
Scrinium encourages users to use numerous resources to compile their portfolios. Any profitable trading systems from around the world can be used, regardless of the platform they’re trading on.
Scrinium’s contracts are non-binding, which means investors can withdraw from Scrinium at any time.
Scrinium charges no fees for either the trader or the investor.
Scrinium automatically generates a portfolio from the most profitable traders around the world.
Scrinium is a unique deposit asset and internal system currency used by the Scrinium platform. The value of the coin is expected to grow as demand for the Scrinium ecosystem rises.
Scrinium is built on blockchain technology, allowing the platform to offer fast and transparent blockchain transactions.
We just mentioned that Scrinium has no fees. Traders and investors on the Scrinium platform are charged no fees. So how does the platform generate a profit?
Liquidity providers pay Scrinium commission for traded volume coming from the Scrinium platform. This is a classic scheme used by financial services (Scrinium uses the word “scheme” on its website – that’s not just our word). Scrinium splits these payments into the system’s profit pool, then rewards traders for making successful trades.
The end result of this system is that there’s no fee for creating an account as an investor, and Scrinium won’t deduct anything from profitable transactions.
Benefits For Investors
- AI-created portfolio
- Easy to use and setup
- The value of ScrinCoin tokens grows over time, making it a valuable asset
- Automatic payouts
- Non-binding contracts that allow you to withdraw funds at any time
- Transparency and security
Benefits For Traders
- Immense choice of markets, platforms, and exchanges to trade with
- Trader rewards paid out automatically
- When traders use Scrincoins as the internal currency, the value of the token grows, which means rewards grow over time
- No middlemen involved in the transactions
Benefits For Liquidity Providers, Brokers, And Exchanges
- Significant increase in trading volumes
- Significant increase in capital investment
- Media coverage when integrating with Scrinium
The Scrinium Token Sale
Scrinium tokens, or ScrinCoin, are set at a price of 1 ETH = 3,000 ScrinCoin during the token sale. There’s a total supply of 180,000,000 SCR tokens. They’re built on the Ethereum blockchain.
Out of the total supply, 68% (122,400,000 SCR) are dedicated to the ICO. A further 10% (18 million) are reserved for the pre-ICO, with the remaining amounts dedicated to the internal liquidity pool (10%), team and advisors (8%), and bounties (4%).
The pre-ICO is taking place from December 11, 2017 to January 11, 2018, with the general ICO scheduled for February 11, 2018 to March 11, 2018.
Who’s Behind Scrinium?
The idea for Scrinium was formed in early 2017, with development taking place throughout the year. By May 2018, the team hopes to release a public prototype of the project.
Key members of the team include Sebastian Forbes (Finance Director), George Pantzis (MBA and Trading/Dealing Expert), and Alexey Taygin (System Architect).
Scrinium is headquartered in Dublin, Ireland.
Scrinium Review Summary
Scrinium aims to create a “win win” investment platform for investors, traders, and liquidity providers. Investors and traders can participate in the platform with no fees. Liquidity providers can access a large base of customers. Investors can build an AI-generated portfolio based on their unique risk aversion and desired returns. Traders can choose from a wide range of markets, platforms, and exchanges. Everybody wins.
To learn more about Scrinium and the upcoming trading platform, visit online today at Scrinium.ai. The ICO is underway until mid-March 2018.