Signals.Network Review!

Signals.Network Review!

Marketplace of data science powered
signals for trading cryptocurrencies

I am more than happy to write today’s article! My dream was (except creating my own ICO) to see very good crypto-project. Believe it or not the dream is becoming the reality and what more the concept and the company behind the project is simply awesome!

SIGNALS

The project I am writing about today is called SIGNALS! 
Signals aims to build a platform which should help crypto-traders to make solid profits by using specific strategies/bots or algorythms. As we can read on their main page — Signals: Marketplace of data science powered
signals for trading cryptocurrencies.

The Signals Platform is divided into three parts — the Indicator Marketplace, the Strategy Marketplace and finally the Data Marketplace. Moreover, except these three parts there is a main application which will be using all of the parts. This Main application is the Signals Strategy Builder.

There are two parties on the platform. Either you can create strategies by your own or you can hire the strategies and bots that somebody already created! The official and the only currency which will be supported by the platform is SGN token! If you want to use somebody’s strategy you need to pay for it. Guess what! You will have to use the SGN token!

SGN TOKEN

The token is a standart ERC20 token. It means SGN is Ethereum based and you can store it in a wallet supporting ERC20 tokens. Among these wallets belongs MyEtherWallet/MetaMask or Mist. I strongly recommend you to contribute to the ICO from these wallets because you really need to send ETH from the wallet you have private keys from! Otherwise you can easily end up without sent ETH and also with no tokens! If you do not know how to create these wallets or how to contribute into an ICO, I recommend you to watch my youtube videos where I describe how to contribute step by step :) https://www.youtube.com/channel/UCagW_OcVD2YgqWBPybRHB6Q/videos

What can you use SGN for?

I will borrow following sentences from the Signals’ main page since I feel its explanation is the best possible one:

“SGN tokens empower its holders to assemble their own crypto-trading models based on premium indicators developed by data science community, perform complex machine learning experiments using super computer on historical data, or rent and copy-trade other successful strategies in Signals marketplace.”

As we can see above. The real use of the SGN token is pretty obvious and I think it does not need any other explanation.

FACTS

Total tokens’ supply will be 150 000 000 SGN. Whole 50% will be offered during the token sale (Presale 2m + crowdsale 73m).
Another 2% will be spent for a bounty program. Since the Hard Cap is 25 000 000 usd, 500 000usd would be distributed among bounty hunters! It is a lot!
Another 10% will be spent on Advisers and Partners. As we all know Advisory board and Partners are one of the most important parts of the ICO so the % which will be used is absolutely reasonable to me.

18% will be spent on Company expenses an 20% is reserved for the developers and data science community as a reward!

PRESALE

The presale starts just in several days! The day D is November 22th when contributors will be able to buy up to 2 000 000 tokens with 30% bonus on public offering token prices.

If you are interested in the Token sale terms and conditions, token’s price or the roadmap, stay tuned! I will bring you another Signal’s article literally in several hours!

Do not forget to contribute as soon as possible — https://signals.network/join/E54DC8