Since 2009, Bitcoin and other cryptocurrencies enjoyed a phenomenal growth in terms of public interest and valuation. Holding investors, professional traders and hobbyists all benefited in their own ways from the amazing opportunities granted by this brave new world. Nevertheless the trading game requires time, technical knowledge, analytical skills, discipline and proficiency using professional tools in order to achieve true success. Crypto traders without all of this missed opportunities or lost a chunk of their assets in the last few years.
Now that the Kryll.io platform enters the game, this is changing.
Kryll.io is the ultimate platform for cryptocurrency traders who are looking to use the most advanced trading tools and strategies, as well as the combined intelligence of the community in order to achieve the best returns in cryptocurrency markets.
The platform provides intuitive ways to create your own trading strategies and set them to execute automatically. Through a What You See Is What You Trade interface you can design trading strategies making use of the industry’s most powerful tools and safely test them with backtesting and sandboxing.
Once your tools prove their worth you can set them to live-trade on your behalf, taking the right positions at the right time, as if you’re following the markets 24/7. On Kryll.io you can also rent-out your very own winning strategies that’ll help fellow traders reach the success you did. You will be rewarded with passive income for doing so. The core Kryll team is composed of veteran developers and Internet professionals who’ve all been trading cryptocurrencies as hobbyists for years. With their background and close circle of advisors ranging from economists, business developers, artificial intelligence and semantics analysis experts, they’ve decided to build the right platform for crypto traders. They provide fellow traders with the tools, community and environment they know everyone is longing for.
Crypto trading facts
Hedge funds, professional traders and hobbyists share the same exchange platforms, and environment but are not quite equal when it comes to resources, manpower, knowledge and tools. Indeed, efficient trading requires resources like computational power to run intensive data models and crunch historical data trends crucial for assessing strategies risk-free. High-speed connections are needed to reach to exchanges around the world.
Aside from computational resources, trading takes a lot of time, especially for a one-person team. Preparing the right strategy, having it analyze relevant data and get it ready to execute in a timely manner 24/7 within moving markets requires special abilities. This is hard enough leaving aside the discipline of steel and cool head needed to take the right decision at the right time. Trading is also a very technical domain where your area of expertise needs to span from an ability to perform technical analyses to machine learning and semantics analyses.
Solution : Kryll Platform
The Kryll.io platform aims to fill in the gaps to get everyone efficient trading tools. Introducing WYSIWYT (What You See Is What You Trade) technology, the Kryll team will provide a simple yet powerful strategy defining interface based on blocks and flow. A flow visually describes the confluence of signals, operators and relevant data determining a particular strategy.
- Market Trends.
They span from the usual trend analysis (volume modification, price fluctuation, ) to technical data analysis & studies (channels identification, patterns detection, resistance rejection, demand zone detection) and modelling (machine learning based market prediction) units.
- Trading actions.
Like buy, sell, split amount into subsets, hold amount (like profits), loop, stop...
Coming from professional traders, qualified Telegram channels or social network semantic analyses.
They’re meant to organize data feeds and signal interactions (eg: IF the market is up AND “BTC” is receiving positive feedback on Twitter)
To keep you informed of a strategy’s status (this could be a text message, email or smart notification)
Kryll Companion app
Once you connect your mobile companion app to the platform, you will be able to access your dashboard, get push notifications regarding your strategy runs as well as stay connected in a much lower-key manner with your crypto trading status.
It’ll be a pretty good feeling to get notified about a position that’s been taken automagically and then sold, instead of an alarming signal pushing you to quickly catch the opportunity on your favorite exchange website. Moreover the mobile application will introduce further interactions with the strategies you designed or selected, thus giving you complete control over your trades right in the palm of your hand.
The Kryll.io platform will be interconnected via API to all exchanges that provide one, enabling you to trade your favorite coin of your choice on your favorite exchange right from the platform. This massive support will also allow you to use a single platform to manage your entire portfolio’s strategy.
The first set of supported exchanges includes the following platforms : Bittrex, Poloniex, Bitfinex, Coinbase/Gdax, Cryptopia, YoBit.net, Binance, HitBTC, Bitstamp and Kraken.
Architecture, Hosting, Performance & Security
Crypto currencies are traded 24/7. Kryll.io supports exchanges all around the world and is committed to making its platform available, efficient and secure. The architecture of Kryll. io encompasses several dedicated servers in Europe, Asia and North America, enabling the execution of strategies in the most efficient way according to the exchange on which they are taking place.
The infrastructure is designed so that it will scale automatically, providing maximal performance and up-time for all connected users and strategies being run - whatever the circumstance. Our user data is of the highest value and is why we take security very seriously. In addition to our servers being under permanent DDOS protection, we also plan to have an external security audit every quarter, thereby insuring things are safe and stay that way.
The platform will apply the strategies you have designed via the APIs provided by the supported exchanges. Whenever the exchanges allow it, we will make sure that the API key does not allow any withdrawal of funds, thus ensuring your currencies remain safely in your possession.
Kryll community commitment
Kryll.io isn’t just a great platform where you can easily build, test and automatically run your strategies. We think collective intelligence is a huge asset that’ll make all of us more successful in the trading market.
Therefore the platform will offer a marketplace section where anyone can share a strategy build-up (as a blackbox) for others to enjoy in exchange of a KRL fee chosen by the creator and free of charge from the platform. People with excellent insights, with more time available or a well-honed intuition can help their fellow traders climb the success ladder.
The marketplace will also feature a chat section related to every strategy for people to interact in, advise, receive advice from the startegy’s creator or other skilled users. Strategies featured on the marketplace will be awarded a rating according to their users’ ratings and internal measures of efficiency performed by the platform.
Smart Token economy
- Strategy cost
The Kryll.io platform economy relies on its utility tokens (KRL) that can be spent when using a strategy in live trading. Just like each smart-contract execution costs on the Ethereum blockchain depends on the complexity of the code, each live trading strategies execution on the Kryll.io will cost some energy (KRL fractions) depending on the complexity of the task performed. Strategy creation, backtests and sandbox testing will be free for all users.
Apart from fractions of KRL spent in the platform to fuel live trading strategies, no further expense will be charged by the platform: no subscription plan, no hidden fees, no commissions on trade, no strategy rent fees…
- Cost governance
Since the token value (as compared to USD) will vary over time, an autonomous decentralised smart-contract will re-assess every 48 hours the energy needed to run the blocks in order to keep it at a fair level for everyone, whatever the value of the token takes over time.
- Community provided strategies
When using a strategy provided by a creator, energy will be sent to the platform to fuel it, as well as an excess of Krylls set by the creator as a reward for the work, Kryll.io will never take a fee on strategy sharing or renting.
Token Sale Details
An Initial Token Sale or Initial Coin Offering (ICO) is the event for a cryptocurrency project such as Kryll.io to sell its cryptocurrency tokens (KRL) to early adopters and enthusiasts in exchange for funding.
This is an opportunity for Kryll.io to fund the future development of the platform and for the purchasers of tokens to participate in the early stage of the project. From the Kryll.io platform’s point of view, it is also an unique opportunity to inform future users (whether they actually participate in the sale or not) about features they’ll be able to enjoy on the platform. Moreover, users who’ll have taken part in the Initial Token Sale will benefit from an early glimpse at the platform when the “funders” version is released. Token Sale information Users registered and having participated in the token sale will be invited to the alpha (dubbed “funders edition”) version of the platform.
- Profil link