Info Tech: Kryll.io

Cryptocurrency trading has been a continuously rising market since the first bitcoin transaction around early 2009. The next step spawned the birth of new cryptocurrencies and exchanges where people could trade different currencies. Today there is an active community of millions of traders exchanging coins in volumes corresponding to >100 Billion USD every single day.

There are dozens of exchanges where people buy or sell bitcoins or so called altcoins, trying to make a profit from the current market trend, trading channels signals, news feeds or even pure luck and intuition. There are communities of hobbyist traders talking in channels like Telegram, Slack or Discord or on internet forums, who collaborate in the hopes of forging a path through the vast universe or crypto trades. We’ve been part of this community for quite a while, and want to offer a tool allowing us to join forces and all profit from. Historically, the hive mind has always won out.

Executive summary

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.visit more information in Website: https://kryll.io/

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.

There are 5 main families of blocks that can be used to build a 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…

Signals. Coming from professional traders, qualified Telegram channels or social network semantic analyses.

Operators. They’re meant to organize data feeds and signal interactions (eg: IF the market is up AND “BTC” is receiving positive feedback on Twitter …)

Notifications. To keep you informed of a strategy’s status (this could be a text message, email or smart notification)

Mission

« Bring professional trading tools to everyone by providing a simple yet powerful drag’n’drop strategy builder »

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.Visit more information in Whitepaper : https://kryll.io/pdf/WhitePaper.pdf

The first set of supported exchanges includes the following platforms : Bittrex, Poloniex, Bitfinex, Coinbase/Gdax, Cryptopia, YoBit.net, Binance, HitBTC, Bitstamp and Kraken.

Token Sale Overview

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.

Token allocation

Bonus plan

Funds usage

54% : Platform development
18% : Marketing expenses, user acquisition-
15% : Exchange partnerships
09% : Operational costs, office, hosting
03% : Security reserve
01% : Legal expenses

Milestones

The token sale will fund the development and maintenance of the Kryll platform, with several other milestones that will depend on the final funding amount :

Machine learning applied to market analysis
Advanced Technical Analysis
Tools (browser extension, extended mobile companion app, wallet, …)
Social plugins (next block voting system, social sharing, embedded statistics, iframes…)
Block Construction Kit & Hackathons
White label exchange extension

ROADMAP