Multibot — A multi-threaded trading platform in the cloud

What is multibot?

The multibot platform is meant to unravel user interaction issues with cryptocurrency exchanges and continuous observance of the market, with a most variety of mercantilism platforms. supported and victimisation SaaS model blessings, this platform is intended to lower the entry threshold into exchange mercantilism. automatic tools that don’t need installation, with associate degree intuitive interface and work 24/7 on the web-cloud can offer protection and capital turnover, eliminating manual labour and utilizing crypto volatility for profit. in contrast to different existing tools, this tool collects the utmost set of tools and services. This platform permits you to begin employing a few straightforward steps, despite the provision of different hardware and software system, as they’re offered from anyplace within the world, with settings and tools outlined to with success complete the most task.

Our Problem

Strong volatility of cryptocurrencies rates leads to losses of investments and the capital or to the missed profit. In most cases, such sharp and rapid fluctuations of the rate put the owners of cryptocurrency funds before the fact of the changes that have occurred. Many of them do not have time to react, since it is impossible to monitor the situation 24 hours a day, 7 days a week.

During August 2017, the change in the Bitcoin rate to the US dollar averaged 4% per day4 . At the same time, on some days, the rate changes were 10% higher. The total change in the rate for the month is 10%, with the difference between the maximum rate during the month and the minimum over 30%.

Technologies

Cloud technologies

The platform is based on various technologies for the implementation of all the tasks set, but the basis of the project is cloud technologies. The web-cloud allows you to quickly deploy any number of small isolated instances with a dedicated IP address, which is especially important for working with exchanges that limit the number of requests from one IP address. It is equally important to ensure the stable operation of the system as a whole, cloud technologies allow you to isolateweb applications, providing full functionality for their operation.

Development

Each newly developed tool or algorithm requires careful testing in various

situations. Each stage should be subjected to stress tests in real and simulated

situations. The new functionality will be published for a limited control group of users, to evaluate the effectiveness and relevance.

It requires a constant analysis of the use of platform functions, and the processing of the system of interaction with users to highlight the main points, so as not to overload the platform with unnecessary and little-used tools.

All tools and parts of the platform should be available with a minimum response time and transfer data in a compact form for fast downloading. To eliminate the scarcity of resources, a reserve of capacities with a multiple reserve will be laid, and overselling is categorically excluded.

Security

Multibot closed development and information about the real infrastructure,

location of the equipment, real IP addresses, source code and list of solutions used are not published for security reasons.

There is no direct access to instances in the cloud, all interaction between

platform users and instances takes place only through specialized interfaces that redirect tasks to the cloud through an API of their own design.

The geographical location of the cloud center in Europe, as the project develops, it is possible to use the date centers in other regions.

Analytics

Obtaining operational information is an important task for each owner of cryptocurrency. Unlike the market of ordinary currencies, where the determination of the exchange rate is actually in one Forex market, the market of cryptocurrency is not uniform and the rate on different exchanges may differ by more than 10% at one time. This situation is quite common.

Multibot analytics is designed to promptly and comprehensively inform the user about the situation on the market. Flexibly customizable interface allows you to focus the system on user-specific exchanges and currencies, as well as to fully monitor the dynamics of the exchange rate for each exchange and in general, tracking the volume of trading, a report on the capitalization of currencies, compile summary statistics of selected currency rates and much more.

Signals

Signals are a tool for informing users who are subscribed to notifications about sudden changes in rates and volumes of crypto-currencies or significant events that affect them.

It is planned to use several types of signals, standard ones released automatically based on calculations of the Multibot analytics software module, manually sent by the team of the news aggregation department and assessing their significance, as well as user signals that they can customize for events with their own parameters

Various information channels such as push notifications, email, mobile messengers, phone and SMS will be available.

ICO Strusture

Multibot collects funds for the launch, promotion and development of the platform. For this purpose, Multibot (MBT) investment tokens, corresponding to the ERC20 standard5 , have been issued and are a smart contract based on the Ethereum platform6 . The platform will ensure the storage of collected funds and the disposal of them as necessary.

Name of the token

Token MBT — shared smart contract Multibot. Token Multibot grants the right to share in the platform’s profits. The share of 50% of the platform’s profit is distributed to all active tokens.

Payout procedure

After the start of the platform, at the end of each quarter, 50% of the distributed profit is transferred to the Ethereum (ETH) purse, after which the ETH is distributed among holders of MBT tokens in accordance with the data of the smart contract (according to the percentage of tokens of their total number)

Initial value of the token

When a smart contract is published on the Etherum network, the initial value of tokens is set at 25,000,000 MBT. Unsold tokens, at the end of the ICO will be destroyed.

Original price

The cost of one token is set at $1 per token

Token distribution

• Users: 95%
• Founders: 3%
• Bounty Company: 2%

Bonuses

Day 1–2: 25% bonus tokens

Day 3–7: 20% bonus tokens

Week 2: 15% bonus tokens

Week 3: 10% bonus tokens

Week 4: 5% bonus tokens

Week 5: 0% bonus tokens

Bounty Program

• Advertising campaign in Facebook: 10% of the bonus tokens
• Advertising campaign in Tweeter: 10% of the bonus tokens
• Advertising campaign in the forums: 20% of the bonus tokens
• Multibot support in discussions: 15% of the bonus tokens
• For special support: 35% of the bonus tokens

ICO Detail

• What is a Multibot token

Multibot token — represents the right to receive a part of company’s profit. All token holders are eligible for obtaining dividends according to their stakes. Any number of tokens (100%) sold at the end of ICO have right to receive 50% of company’s profits

RoadMap

The project is in a pre-release condition, with partially realized instruments and coverage of several platforms (Poloniex, Bitfinex, Bittrex, Wex (formerly BTC)). Since the project provides many ideas, and is aimed at maximum coverage of exchanges, we will gradually expand and enhance the platform’s capabilities according to our Roadmap.

Below you can find a step-by-step plan that covers the main points of future opportunities. Each point is conceived as an enhancement of the capabilities of the platform and will be expanded and supplemented as it is implemented based on the market situation and the wishes of users. All points of the roadmap will be implemented with time, regardless of the results.

The main priority in the development of the Multibot platform is the safety of user’s funds. Serious attention is planned to be given to checking the operation of tools and data security. All tools and the platform will be tested for a long time with the involvement of security specialists in computer systems. Additional functionality to prepare for the release requires closed testing, after which investors and subscribers will receive priority early access to new features.

Our Team

This Project is Supported

for major minimize your risk !

For Further Information :

Website : https://multibot.io/

Whitepaper : https://multibot.io/whitepaper.pdf

ANN Thread : https://bitcointalk.org/index.php?topic=2248394

Twitter : https://twitter.com/multibotio/

Telegram : https://t.me/joinchat/Gdimsg4ZThrX-u5zUcR8-Q

Facebook : https://www.facebook.com/multibotio/

My Bitcointalk Profile Link : 0x1f6195fdAeb6bDE1c89E5EBEdf1689bdf52918f9