Before we start with this review, it is important for us to know that over the past year, the number of crypto investment ventures have increased by over 400%. Since the value of Bitcoin rose to a staggering $21,000 in 2017, many novice investors, gamblers have entered the crypto domain.
However, most newcomers are faced with time constraints and thus are forced to transfer their assets to a “trust management company” where all of our investment decisions are made by portfolio managers.
Herein lies the problem, because most of the time these professional managers “receive immense revenues” from returns received on our investments. However, when it comes time to share ROI’s, investors end up getting back very little. Not only that, investors usually have no idea of where their funds are being utilized. Thus, incase a company goes bankrupt, all of the losses are borne by the customer.
About Take Profit XTP
Take Profit has been described as the world's first “aggregating crypto platform” that delivers its customers with some of the most up-to-date information on trading and investment.
To be more specific, we can see that the platform provides traders with the option to not only publish their “investment advice”, but also to receive remuneration from their subscribers in a streamlined manner. In addition to this, subscribers are also able to gain access to a huge database of investment advice, that will allow them to gain steady returns.
Some of the other important aspects of Take Profit include:
This platform is completely regulated, and thus is able to weed out any fake portfolios, investment advice that might be present within its ecosystem.
The core issue that exists for customers who “buy trade signals via instant messengers or sites” is that they are not given any assurances from the seller incase the predictions go awry. However, when using Take Profit, all of the advice is backed by a guarantee, that ensures the protection of all our funds.
(iii) Scam Filters:
Through the use of an encrypted filter mechanism, this platform is able to assess and eliminate any fictitious advice that might be posted on the platform.
Other Key Aspects to Consider
(i) Blockchain Based:
To eliminate any problems related to transparency, Take Profit is based entirely within the blockchain. When using this platform, customers have the ability to “check the performance of each signal provider within the system” before they make any investments.
Each and every investment signals that passes through Take Profit is made to undergo various verification protocols. None of the transactions that occur within the system can be changed or altered without triggering an “overall circuit integrity violation”.
Through the use of an independent rating system, Take Profit is able to provide all of its customers with unbiased market predictions and investment advice.
(iv) Easy to Use:
The design interface is extremely simple, and can be used by novice/ expert traders alike.
(v) Low Commissions:
Instead of having to share their profits with other investors, customers are required to pay a small commission fee to cover for monthly platform usage.
(vi) Real Time Updates:
All of the “published signals” become part of the blockchain circuit in real time.
As mentioned sometime earlier, all of the transactions that take place within the network will be done so via the use of a native currency called XTP. In all, there will be a total of 100,000,000 tokens that will be created. In terms of their pricing, we can see that 1 XTP = 0.00025 ETH.
Take Profit XTP ICO Token Allocation Scheme
- 60% of the entire currency pool will be made available to potential investors during the two token sale phases.
- 20% of the coins will be reserved for the core dev team behind this project.
- 15% will be delivered to participants in the form of rewards and incentives.
- 3% will be used to create a referral system.
- The remaining 2% of the tokens will be used for the creation of a bounty program.
Who Is Behind Take Profit XTP?
Ivan Tumanov is the company’s CEO and Founder. As per his LinkedIn page, he describes himself as a “professional coder and trader”. His aim is to create a crypto platform that can not only help professional traders, but also allow casual investors to take part in the crypto boom. Similarly, Pavel Rubakhin is the Project Manager at Take Profit.
In terms of his past experience, Pavel has previously worked at:
- Gett and Trucker Path
Lastly, Alexey Astafiev is the Frontend developer for the company. He has previously worked at “Tinkoff Bank” as a senior elementary developer, and possesses over 8 years of experience within the crypto domain.
For any further details regarding the Take Profit platform, customer representatives can be contacted via email, or through Telegram ( t.me/takeprofit.io, t.me/takeprofit.ru).