CoTrader solves the complexity problem of investment management, and aims to become the world’s largest investment funds marketplace by democratizing the $85 trillion global funds industry.
Introduction to CoTrader
For the first time in history, investors, now powered by CoTrader’s blockchain platform, can have their investments managed with complete transparency, control of assets, and proof of a fund’s past returns-on-investments (ROI).
CoTrader’s MVP already supports cryptos, and is live on the Ethereum testnet.cotrader.com and on mainnet at mainnet.cotrader.com. Index funds created from CoTrader Contests, will be able to support all tradable assets, making it easy for even FIAT investors to participate in some of the best performing segments of the crypto market.
Solving the Complexity Problem
CoTrader solves the complexity problems of investing by finding the best performing fund managers to follow, with proof of performance on the blockchain.
1) “Smart Funds”: real investment funds onchain, with proof of past ROI and assurance than investors can withdraw funds at any time
2) “CoTrader Contests”, where contestants choose a combination of smart funds or any tradable assets that they think will perform the best, and share contest prizes along with the smart fund managers.
The best managers will indexes by real investment funds, making it easier onboard contestants and FIAT investors to invest in the best performing segments of the crypto market.
CoTrader has built the world’s first truly decentralized platform that enables users to invest in and manage funds onchain, that doesn’t require any trust. These funds are known as Smart Funds.
These are managed by fund managers who trade the fund assets on the blockchain. Successful fund managers receive a percentage of the profits they have made for their investors. Investors remain in control of their money and are able to deposit and withdraw from any fund at any time.
Since investments and trades are done onchain, smart contracts ensure each user that only they can pull out their funds and that fund managers can only take an agreed upon performance fee from the earnings.
Both influencers and high performance fund managers are incentivized to do their best for their CoTraders (platform users who invest in fund managers), because top fund managers can multiply their gains enormously. For example, a top fund manager managing 1000 times her own money, and charging a 10% performance fee from what she earns her cotrader, would multiply her own gains by 100x (10% of 1000x). If the same fund manager would earn 2x in a good month on their own, with CoTrader, she would earn 200x (100x times the 2x she would have made). CoTraders will likely only use the best fund managers per sector.
Fund managers will be able to trade using CoTrader’s Super-DEX hybrid infrastructure, which pools together both centralized exchanges and multiple DEXs including Bancor, Kyber, 0x, CoTrader’s own DEX, and other future DEXs for maximum liquidity and power. Other platforms can utilizing and extend CoTrader’s infrastructure.
All platform profits may buy back CoTrader tokens. Tokens can be staked or used for payment to reduce fees.
COT Token Distribution
20 billion COT tokens
1 ETH = 1M COT
(1 COT = 0.000001 ETH)
Hard Caps: 65% tokens, max $700K
Restricted regions: USA, N Korea, Iran may not participate.