Trakinvest, a virtual social trading platform, currently offers users the ability to share their investment expertise with other members of the network for a fee, (provides “crowdsourced” sentiment, forecasting and prediction tools using innovations in smart contracts, machine learning, NLP and artificial intelligence, and and digital certification programs in online trading.
TrakInvest is best set up to implement this project and already has a strong three-year track record having built up a 100,000+ user base in Asia through its partnerships with corporates, universities, and governments in the region. The Platform will also be introducing a virtual trading platform for cryptocurrencies and next generation “crowdsourced” sentiment tools for equities and cryptocurrencies. These proprietary tools have been developed using the social trading data and behaviour collected for the last three years. TrakInvest aims to empower the retail investor with all these tools to create a level playing field removing the information asymmetry that has plagued them for so many years.
TrakInvest is poised for strong growth as we look to introduce TRAK Tokens by Q1 2018 to our existing user base, thus providing them with the ability to earn service fees in ETH in exchange for providing their real-time trading data and sentiments through TrakInvest’s web and mobile platforms. Currently, the community continues to provide invaluable trading data, insights, and sentiments through the platform by maintaining a virtual trading portfolio: www.trakinvest.com. At the application level, the token utilities will include: Tokenized data ownership, Tokenized reputation system, and Tokenized certifications.
The shift from a centralized technical infrastructure to distributed, ecosystem-enabling platforms is laying the foundations for new business models in investment insights and financial transaction technologies. Identifying the industry shifts, TrakInvest platform is utilizing blockchain technology to create a decentralized peer to peer ecosystem that incentivizes members of the community on performing value added services. The rewards, incentives, and insight tools encourage the full establishment and continuity of the virtual socio-trading environment that rewards for performance, sharing of investment insights and real time trading data in a risk free manner.
By leveraging the blockchain technology, TrakInvest aims to increase the scalability of the current platform while enhancing its security and transparency levels. Backed by a powerful tech stack and the strength of Ethereum’s Open community network the ecosystem has a strong technical foot holding.
TrakInvest is backed by a highly experienced management team and advisory board. The senior management of the team has held leadership positions in leading firms including J.P. Morgan Partners, AIG, State Bank of India, ICICI Securities and Religare. The global advisory board is comprised of individuals and existing investors with strong global experience and exposure in technology, telecommunications, media, cryptocurrencies and financial services. They have held leadership positions in companies including Spotify, Siri, Summly, Bitcasa, Fixmo, Ginger, Desti, Magisto, Nexon and StudioX.