My unused blockchain ideas #2
- In the life of every programmer comes a moment when he wants to do something on his own, something ambitious.
- In the life of every programmer, a blockchain enthusiast comes a moment when in point 1. You want to place a blockchain to it.
And that was exactly what happened to me. Apart from work, I have always tried to develop a project with a better or worse results. As for blockchain projects, I'm just getting started, one of them is slowly starting (I'll let you know at the right time) but there are more and more ideas in the head. And time and money is limited.
That's why I decided to share my next idea, which one of you can hug without any question :) Some time ago I wrote about my first idea. It had some flaws but it is still to be used:
https://steemit.com/ico/@idunno/proof-of-move-blockchain-dapp
Ok, project number 2
It is a platform for crypto traders. Anyone who has the knowledge (either through charts, technical or fundamental analysis) can set up a trader account on this platform and fill in his "predictions" about a particular crypto. So you are entering, you indicate that you have 2 BTC to invest and you mark the day of buying crypto. The system saves it to the database (and / or blockchain) and you can not change your investment since then. And so f.e you fill that you bought Steem on 04.08 and enter amount of BTC you spent. Based on prices (eg coinmarketcap) system calculates how much Steem you have. From now on you can close your position at any time. The system calculates based on how much you have gained / lost and this data is publicly available. Such a combination of moves (buy, sell) without the possibility of undone is your portfolio as a trader. All closed positions (ie buy and sell) are publicly available, but open transactions (buy only) are only available to those who have subscribed to you.
Subscription
As closed positions is your overall percentage score, they are treated as your performance. Anyone who wants to 'hire' a person who knows the market better can see how the investor has managed, and choose, for example, the one who made the most money. However, to see what the current investor is doing right now(his open positions), he has to pay some monthly subscription (the simplest in a crypto, eg 0.05 BTC per month - every investor can set his own bid). This can be achieved through, for example, the Ethereum smart contract.
And now, thanks to such a mechanism we have a win-win situation.
Anyone who does not have enough knowledge but has some money, and wants to learn can "hire" a professional trader for some time. We eliminate from the market all the "magicians" investors, who on facebook or twitter try to play experts. On this platform only numbers counts, and these are hard to deceive.
For people who actually have specific knowledge and want to sell it, we have a ready-to-use platform. Without unnecessary marketing and advertising. Numbers speak for themselves.
If you have the knowledge, but you do not own capital or are simply afraid of investing high risk: do not invest yourself! Just run your account on the platform, it does not matter if you actually invested your own funds, or if you just indicated that you are doing it - if others benefit from your expertise - why not?
Of course, we can add a blog-like platform, so a trader can write about their investment.
Economy
The most important thing - earnings. As the platform owner - we would like to earn on it. So we can just set a small percentage of each subscription (as does the exchanges, for example), here with help also come smart contracts.
No unnecessary ICO, profitable projects on healthy, simple rules, without unnecessary promises and roadmaps.
All you have to do is sit down with the graphician for a few months in the basement ...: D
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