Multibot — A Multi-Threaded Trading Platform in the Cloud

What Is Multibot?

Multibot platform is aimed at solving the problem of user interaction with cryptocurrency exchanges and continuous monitoring of the market, at the maximum number of trading platforms.

Introduction The market of cryptocurrency is very young, since the opening of the first trading platform in 20101 and for the whole history of its development was characterized by high volatility and lack of any stability. The market of cryptocurrency is one of the fastest growing markets to date. The audience involved and the Bitcoin exchange rate increase exponentially2 . But with all the advantages of decentralized payment systems, we still need certain centers of interaction between users for selling, buying or exchanging currencies. We need this because we do not have enough liquidity of the cryptocurrency and because of technical and organizational problems of creating decentralized trading platforms. High volatility sets its own specifics of working with cryptocurrencies. While ordinary payment systems exchange occurs through exchange offices, there are very few exchange offices for the exchange of cryptocurrencies. Of the existing today, these are mainly exchange offices for exchanging cryptocurrencies for classical currencies. The main turnover of cryptocurrency is on the trading platforms. All this puts users in dependence on the availability of such trading platforms, and forces them to rely on their honesty, efficiency and professionalism.

Value of Multibot

1. Platform for working with exchanges

Reliable automation of trading processes and monitoring the situation at the market of cryptocurrencies

Automation : Flexible functionality for automating the work with cryptocurrency exchanges.
Multithreading : Simultaneous work at several exchanges with a lot of currency pairs.
Reliability : High stability thanks to the use of cloud technologies.
Distribution : An independent work area for each client, with a separate IP address for API requests.

2. Stay updated

The interface for monitoring the markets within a single window

The customizable interface for obtaining analytical information about the exchanges and cryptocurrencies that interest you with the option of manual or automated response to the events.

Market analysis
Informing
Automation
Quick start

Simple registration and start of work with the system in just a couple of clicks.

Independence of resources : No need to constantly run computer or a dedicated server.
Access from anywhere : Management and viewing statistics from any device with the Internet access.

ICO Structure

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

Multibot 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.

Team Multibot