ICOrating TRADERSTARS.IO Basic Overview (https://traderstars.io/) ICO dates (21.11.2017 — 21.12.2017) Web: icorating.com Email: [email protected] Twitter: @IcoRating
ICOrating
TRADERSTARS.IO Basic Overview (https://traderstars.io/)
ICO dates (21.11.2017 — 21.12.2017)
Web: icorating.com
Email: [email protected]
Twitter: @IcoRating
Links
Project details
Name: TraderStars.io
Ticker symbol: TRS
Project type: Fintech (Gaming & Education)
Extended company
description: The blockchain-based platform for financial skills tournaments.
Company: Traderstars Ltd.
Website: https://traderstars.io/
Whitepaper: https://traderstars.io/wp-
content/uploads/2017/09/traderstars.io_whitepaper_V06.pdf
ICO details
Public ICO launch: 21.11.2017
Public ICO end date: 21.12.2017 [2]
Crowdsale duration
(weeks): 4,3
Token type: ERC-20
Token supply: 350 000 000
Tokens available for
purchase (Pre-Sale
+ Public ICO):
210 000 000
The purpose of
attracting
investments:
Development and the launch of the platform.
1 TRS price: 0.0003 ETH
Accepted payments: ETH
Bounty: Not announced
Token role: Functional
Team
Team (number of
people) 11
Advisors and
partners (number of
people)
5
GitHub: N/A
Social media
Twitter: Subscribers: 1995
Linkedin: Subscribers: 12
Facebook: Subscribers: 2617
Project information
TraderStars.io is a blockchain-based platform for financial skills tournaments. [2]
An independent, decentralized platform that allows users to trade all available financial instruments upon clear terms, without regulation by large financial institutions and projected profits. Instead of trading real funds in the market, traders compete with each other in tournaments using virtual money and real market data, and the winners receive rewards from the pool.
[2]
TraderStars will provide the following services:
-Participation in tournaments between users of the platform;
-training;
-International championships;
-Provision of large data;
-Advertising on TraderStarsTV;
-Ratings and reputation.
[2]
Partners:
- Isolas (http://www.gibraltarlawyers.com/) — legal partner.
- Orderbook (https://www.orderbook.io/#/) — token-exchange partner.
- Ambisafe (https://www.ambisafe.co/)-a partner in the production of assets on
Ethereum.
- Fiduciarygroup (http://www.fiduciarygroup.com/)-partner in financial decision-
making.
- Csbgroup (https://www.csbgroup.com/) is a business transfer partner for Malta.
- Sygnisoft (http://sygnisoft.com/) is a technical partner in the development of financial
applications.
- Simplefx (https://simplefx.com/dashboard/)-partner-exchange for the purchase and
sale of currencies.
- Shadowbet (https://www.shadowbet.com/)-casino partner.
- Ifmtrade (https://ifmtrade.com/) is a trading partner in Forex, gold, etc. Assets.
Advisors:
- James Goozee (https://www.linkedin.com/in/james-goozee-54b32092/)-trade
specialist in Velocity Trade (5 years), sales and trade specialist in FOREX and options
specialist in FIXI plc (2 years), FX Trader in City Index (4 years);
- Henrik Svensson (https://www.linkedin.com/in/henrik-svensson-27ab153/)-CEO in
the Add Advice AB (3 years), COO in Ellmount (about half a year), director of
international markets, BEG senior consultant in Betclic Everest Group (approx. 2
years);
- Jan Mehlhose (https:// www.linkedin.com/in/janmehlhose/)-Founder & CEO in
Rocmedia Berlin International Ltd. (4 years), managing Director in Aspiro/Schibsted
Media Group (1 year), head of marketing department in EMI Music (3.5 years);
- Lukasz Paszkiewicz (https:// On the www. com/in/Łukasz-Paszkiewicz-501623b/co-
founder in Cryptocurrency World Expo (3 months), an ICO counsellor in 60plus (7
months), a regional director at CFH Cleara Limited (3 years);
- Alexander Stanovoy (https://www.linkedin.com/in/ Alexander-Stanovoy-b58a6027/) is
the managing director at FX-M Prime (7 months), the Regional Director in CFH Cleara
Limited (about 3 years), member of the Economic Observatory, member of the board
of Directors in Alpari (RU) (4.5 years).
Investments attracted:
N/A
Conclusion
The project has experienced professionals behind it. Strengths of the project: - The project has a strong team of specialists, advisors and partners; - The project promises to obtain a license from the MGA (Malta Gaming Authority) that will allow gaming (gambling) activities to be conducted on the Internet (however, at the time of the study, we have not found TraderStars Ltd. in the lists of licensed companies); - The project presented a short financial plan and a market entry plan; - The project market is broad enough and has a high potential for growth. Weaknesses of the project: - Unfortunately, there are no individual blockchain specialists are on the project team; - Also, the project team has not yet published the contents of its smart contract in the Open repository (the team promises to make the open repository in a month); - With a sufficiently broad market coverage, we believe that there is a risk of not
coping with this volume of selected market niches. We believe that the team should
focus on a specific segment, which improves the perception of the project by users
and crowdfounders.
Market and industry
The Newzoo games report shows that the market volume in 2016 was US$ 99.6 billion. The number of players in the market is approximately 2 billion persons. The world market for financial and monetary trade includes about 77,296 million traders (Quora). As far as the American currency market is concerned, it grew by 3 9-4.3% to 96.112 active accounts sold during the 1st quarter in 2015 (according to Financial Magnates). Also, in four years, the increase in poker players will be 31.1% per annum (Statista).
[29] [30] [31] [32]
According to the WP: - The target segment is traders and gamers. - 4 million —estimated number of FX traders; - 17 200 000 brokerage account accounts in the United States; - 95.8 million-number of persons owning mutual investment funds in the United States; According to various analyses, the team expects that there will be about 400 million people who may be interested in joining the TraderStars.io.
[2]
Comment:
Based on the market analysis, there is a fairly broad potential
segment, but it is not clear which market the team will focus on
(the company did not answer this question).
Competitors
In the course of the review, we identified the following competitors: -Stockus (http://stockus.io/) is a platform for trading in markets as well as for participating in tournaments. - Mobilego (https://mobilego.io/ru/) is a platform specializing in online gaming, including the organization of tournaments.
[2]
Resume: The key feature of the TraderStars platform is the pooling of
players and traders.
Engineering features of the platform
The platform is built on the Blockchain technology, using smart contracts.
[2]
Technology description
Traders compete among themselves, participating in tournaments using virtual money. The winners receive a reward.
[2]
Comment: To reduce the risk of entering the market, the project team is preparing to obtain the MGA (Malta Gaming authority) license.
Technological Roadmap
In the future, with the development of the technology and the amount of data it is
planned to implement the following:
- 1 Quarter of 2018 - release of the private alpha version for the TRS owners, alpha tournaments for the community; - 2nd quarter of 2018 - launch of a private beta version (MVP with tournaments); - June 2018 — release of the public version; - July 2018 — launch of the platform; - September 2018 — adding the training function; - November 2018 — adding the international tournaments; - 1 Quarter of 2019 — adding of TraderStars TV and Ambassador's Club.
[2]
Comment:
The Roadmap presents a step-by-step development of the
product. The plans are ambitious enough, but the team has a
large number of technical specialists, which generally suggests
that everything will be done on time.
In terms of simplifying the process of creating smart contracts
for users, an obvious plus is the creation of contract templates
and notifications.
Open Repository Unfortunately, the project team has not yet submitted information about their smart contract. However, the project representative said that the team is ready to create an open repository in a month.
Documentation
We have analyzed the TradeStars site and documentation for sufficiency and
consistency to make an investment decision.
The documentation contains: White Paper, 2-Paper. The documents are available in
English. The submitted documents describe the TraderStars in sufficient detail, but
the development and market entry strategy have not been disclosed.
The website provides the following information: about the project, staging of the public
ICO, partners and team. The site is available in English.
[1]
Resume: The documentation provides insight into the project.
ICO
Public ICO launch: November 21, 2017
Tokens to be
released, % 60%
Token type: ERC-20
Accepted as
payment: ETH
1 TRS cost Token price = 0.0003 ETH 1 ETH = 3333.3333 TRS
Crowdsale period: 4 weeks, until December 21, 2017
TRS — the internal currency of the platform can be used as a means of internal
payment or to access the services of the TraderStars platform.
Token issue limit: 350 000 000
Maximum planning
amount of profit: 21 000 000 USD
Minimum planning
amount of profit: 1 000 000 USD
Bonus:
Tokens are sold in
several stages:
Bounty
Bounty Program:
To our question about the Bounty program, the representative
of the project replied that it will be announced in the near
future. However, they did not specify a particular date.
Tokens and capital distribution
Tokens and capital are distributed according to the following scheme:
Token and Capital
Distribution Scheme
Resume:
Tokens do not affect the distribution of shares in the company.
The reward system is set up so that it's more beneficial to buy
tokens earlier.
Development plans
[1]
Advertising will be done on social media, PR channels and other online marketing
channels will be used.
The launch of the affiliate programs.
Creation of an Ambassador's Club for the most influential and valuable players.
Conducting international championships and creation of the TraderStarsTV online
video channel.
[2]
Resume:
The WP provides a set of marketing tools through which
TraderStars plans to attract users. However, it is not clear in
the markets of which countries the project plans to operate.
Team
The team consists of 11 people, as well as 5 advisors. Information on the principal
participants of the team (LinkedIn):
- Tomasz Szymański (https://www.linkedin.com/in/tszymanski/) - CEO. Board advisor
в ShadowBet, Sygnisoft S.A. Experienced businessman, owner of several projects:
Panorzeszek.pl, tylkomotory.pl. Managing director at NetGen.pl — www.netgen.pl.
Previously, the HFT broker Maklerski SA Marketing Director, Noble Securities S.A..
- Witold Gedymin (https://www.linkedin.com/in/witoldgedymin/) — COO. Director of
marketing at Lazarski University. Formerly Director of Development in B/S/H Zelmer,
owner of Condenssa. He has a long experience of branding (Duracell, Braun).
- Lukasz Tomaszkiewicz (https://www.linkedin.com/in/luktom/)-CTO. The cloud service
administrator at Celco sp z O. O, CEO in V Technology sp. z o.o., owner of Łukasz
Tomaszkiewicz Solutions. An experienced professional and IT manager.
- Oskar Pecyna (https://www.linkedin.com/in/oskarpecyna/)-CFO. CEO in IFM Trade.
Formerly CEO in European financial institutions: HFT Brokers and RTFX. CFO in
Electronic Money and Payment Systems, Malta. Works in the financial sector for more
than 10 years, from the bank account manager, the analyst, the auditor to the CFO.
There are 7 other people in the team.
Comment: From the primary team only the CEO indicates his affiliation
with the project.
Resume:
Only 3 people identify their affiliation with the project on
LinkedIn. The team is mainly from Poland. The team also has
the following experts: Project managers, marketing manager,
art director, IT professionals specializing in various fields
except for blockchain.
Most team members are involved in other projects and do not
indicate their affiliation with the Traderstars.io.
Marketing
Project information is available on Twitter and Facebook. The team answers
questions irregularly. There is no Bounty program yet.
The project is active on social media. News is regularly updated on Twitter. The
format of the articles on the project indicates that they are mostly ordered by the
project.
Comment: The interest in the project is not yet sufficiently high. The main marketing campaign is deployed on Twitter.
[1]
Analysis of the site traffic based on the Similarweb.com data showed:
Traffic sources
(Similarweb.com)
[6]
Comment: 94.47% of traffic comes from the direct link, 5.53% is
clickthrough traffic.
Referral links: 5,53%
Comment: There are no data on Similarweb. In case of Alexa.com, the site's traffic is 1 890 persons per month, the number of views is 7 560.
[33]
Resume:
On the basis of the available project data, it is possible to
conclude that the interest in the project is still at a fairly low
level. TraderStars is leading an advertising campaign on social
media (Twitter). There is support from the press.
Contacts
The developers may be contacted using the links below.
Website: https://traderstars.io/
Twitter: https://twitter.com/traderstarsio/
Linkedin: https://www.linkedin.com/company/26998654/
Facebook: https://www.facebook.com/traderstars/
Youtube: https://www.youtube.com/channel/UCbbQ6oVONnipH4ISHEm
wJ0w
Useful links
1. Website: https://traderstars.io/
2. White Paper: https://traderstars.io/wp-
content/uploads/2017/09/traderstars.io_whitepaper_V04.pdf
3. Presentation
Deck: https://traderstars.io/TraderStars_2pager_eng.pdf
6. Similarweb: https://www.similarweb.com/website/traderstars.io
29. https://www.financemagnates.com/forex/brokers/exclusive-us-
q1-2015-forex-profitability-report-more-accounts-and-profits/
30. https://www.quora.com/How-many-retail-traders-in-the-Forex-
worldwide
31. https://www.statista.com/statistics/272030/number-of-
worldwide-poker-players-who-play-for-money/
32. https://cdn2.hubspot.net/hubfs/700740/Reports/Newzoo_Free
_2016_Global_Games_Market_Report.pdf
33. https://a.pr-cy.ru/traderstars.io/
The information contained in the document is for informational purposes only. The views expressed in this document are solely personal stance of the ICOrating Team, based on data from open access and information that developers provided to the team through Skype, email or other means of communica-tion. Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud. We appreciate feedback with constructive comments, suggestions and ideas on how to make the analy-sis more comprehensive and informative.