VIVID: PERFECT PORTFOLIO FOR CRYPTO TRADERS.

in #blockchain6 years ago

Screenshot (87).pngINTRODUCTION
Since the emergence of the Blockchain technology Bitcoin has been the most widely accepted crypto currency. Apart from bitcoin, other crypto currencies exist and they are in thousands. Each of these coins are been traded on different exchanges. No exchange presently now in the crypto space can list all the available coins. This exchanges where the coins are been traded serve as a center piece to this process of trading. To help crypto currency investors, they have to utilize different tools and resources in their day to day trading activities. Various numbers of tools are generally available that aid this investors to maintain healthy portfolios.

VIVID PLATFORM
To be able to get alerts on particular trades, Mobile based portfolios are used by investors. But with the rate at which newcomers or new investors flood the space, the portfolio platforms and services shutdown new user registration and also services generally has been on a decline. Vivid platform is keen on providing solutions for trader and investors. They intent to do this by

  1. Market insight- Vivid platform will provide special services to its users by offering a distinct selection of technical analysis indicators. This has been a major issue with available portfolios. Vivid platform will allow its users to always maintain awareness of the market in a very comprehensive manner that will surely increase profit in trading because the right information will be there at the right time.

  2. Collaboration- Telegram, discord and other social platforms serve as discussion points for traders where they share their experience in trading, also share coins daily chart and certain indicators. This makes it difficult for them to connect to all the groups easily at the same time since they cut across different platforms. Vivid platform developed in a manner that will bring crypto currency market discussion into a single platform. This will reduce the time and stress for traders because they do not need to move from one social platform to another discussing about the market. And this single platform will be easy for traders to analyze trades, charts and other details of the market.

  3. Scalability- Because of new investors or traders flooding the crypto space, it has resulted in issues with current status quo, including offline servers, incorrect market information, long lag time for updates. Vivid’s Platform goal is to resolve this major issue by developing a system that will sustain a large user base that can deal with fast growth in the community. All the issues faced due to large influx of users will all be things of the past with vivid platform.

  4. Current Landscape Issues- Challenges arise for initial portfolios applications because of the current status quo of competing portfolio management applications. Demand from users has been on the rise and this portfolios companies in charge of these applications do not have enough cash needed to manage services for very large audience. Vivid platform has a rich ecosystem, that is centered around the expansive use of VIVID Coin, vivid platform developed a viable long-term approach in business model, one that can sustain the fast growing users. Having reliable and perpetually dynamic cash flow allows Vivid’s platform to maintain its services from a computational and data access.

VIVID ECOSYSTEM
The vivid platform ecosystem is designed in such a way that it will be released in phase’s as the company, the community and there feature sets evolve. The development overview are vivid coin, core services, exchange and market data, augmented reality and both mobile and desktop applications, content platform and developer API.

  1. Vivid coin- The vivid coin developed on the Blockchain is a device that allows users of various demography to connect and be able to utilize vivid platform which includes voting on user generated content and also access to advertising space inside the platform.

  2. Exchanges and Market Data- Vivid platform will utilize number of key API’S from wide range of exchanges and market data in order to collect the full history of coin data as well as to provide perfect market data to its users.

  3. Mobile an Desktop Applications- For mobile applications, vivid platform will be supported on IOS and Android devices. Vivid platform first phase is to develop the mobile application that will feature real time market data, portfolio analysis, TA indicators and much more. The mobile AR will feature Movement and Placement in 3D Space, Accessories, Photo & Video Sharing, Portfolio Performance & Allocation Chart, Individual Coin Charts
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    For the desktop applications users will have a seamless experience in transitioning from on the go use cases straight into their home or work environment. Larger screen allows for larger graphs, indicators, also finer control over illustrating technical analysis annotations

Token Details
• Name: Vivid Coin
• Ticker: VIVID
• Circulating: 3,000,000+
• Block Time:60 Seconds
• Block Reward: 5 VIVID
• Reward Distro: 80% MN, 20% POS
• MN Collateral: 10,000 VIVID
• Rewards: POS & MN
• Yearly Decline: 10%

Conclusion
crypto traders or investors should see the need to use vivid platform because it is Designed for advanced scalability to handle potentially extreme volumes of traffic (i.e., on days of large market activity). Vivid platform services will be able to dynamically manage the number and location of clients connected to the services effectively without lagging and other challenges faced by normal portfolios.