TrakInvest claims to be the world’s first virtual social trading platform for equities and cryptocurrencies powered by a proprietary AI engine. Find out how it works today in our review.
What Is Trak Invest?
TrakInvest, found online at TrakInvest.ai, is a social trading platform for equities and cryptocurrencies. The platform is powered by a proprietary AI engine, and it’s been successfully operating since 2014 with 100,000+ users across Asia.
TrakInvest is going through an ICO throughout December 2017 and January 2018. The tokens will be used to democratize equities and cryptocurrencies trading by giving average investors superior insights into trading ideas generated by the TrakInvest AI engine.
The second generation of TrakInvest’s AI system will be introduced in 2018.
How Does Trak Invest Work?
TrakInvest claims to be the world’s first virtual social investment platform for the equity and cryptocurrency markets. What exactly does that mean?
Well, TrakInvest combines social media and compensation-incentive based investing into a simple user interface. The end result is a platform where users can communicate and share trading activity in real-time. It’s social trading.
TrakInvest has an active userbase of 100,000 users across Asia. The platform became relatively well-known in the region after launching Asia’s first interactive stock market reality TV show, called The TrakInvest Show. The show provided winning investors with internships and jobs in leading financial institutions.
The TrakInvest platform first appeared online in 2013, when organizations like TechCrunch called it “a fantasy stock trading platform that can lead to real jobs.”
The difference with TrakInvest is that it’s fantasy trading: you’re not actually trading real money on the platform. Instead, you’re striving to make the best possible trades while competing for a job for leading financial institutions.
TrakInvest differentiates itself from the competition with its “learn share earn” model. The main goal of the platform is to serve as an education and talent identification tool. Students can connect with experienced traders from institutions like JP Morgan.
What if you don’t care about getting a job with a major financial institution? Job-seeking is just one part of TrakInvest. The other core part is its social trading feature – something other fantasy trading websites don’t have. By integrating with social media platforms, TrakInvest has an advantage over other social trading websites.
Today, TrakInvest aims to take its platform to the next level by using crowd wisdom to generate profitable trading signals and ideas. TrakInvest provides social trading features and certification programs that allow users to learn stock investing and get jobs in the financial sector upon successful completion of the course.
Trak Invest Features
TrakInvest aims to use the ICO to take its platform to the next level. Some of the key features of the trading platform include:
Learn, Share, Earn:
TrakInvest aims to democratize equities and cryptocurrencies trading by equipping the average retail investor with superior insights and trading ideas generated by its AI engine.
TrakInvest has a 3+ year track record and a 100,000 member userbase of people across Asia.
The TrakInvest community continues to provide invaluable trading data, insights, and sentiments every time they actively trade on the platform. By introducing the TRAK token and its own TrakInvest blockchain, the company will allow for things like tokenized data ownership, a tokenized reputation system, and tokenized certifications.
In 2018, TrakInvest plans to introduce the second generation of its crowdsourced sentiments tools and models. These tools were developed using proprietary trading data and behavior collected over the past 3 years.
The Trak Invest ICO
TrakInvest’s TRAK tokens are available through an ICO. The ICO begins with a pre-sale from December 16, 2017 to January 19, 2018. A minimum contribution of 1 ETH is required for the pre-ICO.
Meanwhile, the main ICO is scheduled for January 19 to February 3, 2018, with a minimum contribution of 0.5 ETH.
There’s a total supply of 155,294,118 TRAK tokens, with 66 million tokens available through the pre-ICO and ICO combined.
Of the total supply of tokens, 42% are going to the token sale, 15% to M&A expansion and buyback, 10% to the board of advisors, 5% to partnerships and early adopters, 5% for bounties and referrals, and 23% for the management team.
TRAK tokens are ERC20 tokens built on the Ethereum blockchain.
Who’s Behind Trak Invest?
TrakInvest is led by founder and CEO Bobby Bhatia. Bhatia has 25+ years of financial services experience in private equity and investments and has executed over $5 billion of equity transactions in Asia. He has also previously held leadership positions at JP Morgan Partners Asia, AIG Asia, and O’Connor & Associates.
TrakInvest is headquartered in Singapore but has offices in India, Hong Kong, and Thailand. The company has partnered with institutions like Thomson Reuters and Religare to offer sponsored interships to students in emerging Asian markets. They also received early investment from SparkLabs Korea back in 2013.
Trak Invest Conclusion
TrakInvest is a popular virtual trading platform that recently branched into cryptocurrencies. TrakInvest is now launching an ICO for TRAK tokens, which will be utility tokens for use on the platform. Beyond a normal fantasy trading interface, TrakInvest wants to create a system that builds AI predictions off the activities of traders.
To learn more about TrakInvest and how it works, visit online today at TrakInvest.ai. The TRAK ICO is underway until February 2018.