Intelligent Trading Tech uses the token symbol ITT. The token is an ERC-20 token.
The whitepaper for the technology can be found here: http://intelligenttrading.org/whitepaper.pdf.
The company’s token sale officially started on August 18, 2017, and lasted until September 17, 2017.
The first week of token sales, ITT collected $1.8MM of the $4.2MM hard cap, which was a whopping 43%.
The total supply of ITT is 11,500,000.00, or approximately $1,470,712.
< 5 ETH* +0%
5 ETH* – 50 ETH* +10%
>50 ETH* +20%
21,000,000 ITT tokens were created. 75% of tokens were made available for crowdfunding participants/traded on exchanges.
15% of tokens were made available for user rewards. 10% of tokens were made available for original contributions, subject to a 12 month holding period.
Here’s an overview of the project.
ITT was designed for everyone in cryptocurrency markets, from beginners to professional traders.
The platform uses high-tech features, such as artificial intelligence, to send users personalized, actionable alerts that help them trade in volatile markets.
Every alert is generated live, with little to no delay. Each alert contains a summary that either displays the term “BULLISH” or “BEARISH.”
Every alert contains a link with full details of every report, which includes a technical analysis based on price and volume indicators.
Sentiment indicators from social media and news sites will also be included.
What is the goal of the project?
The goal of Intelligent Trading Technologies is to empower every kind of cryptocurrency trader out there.
Consolidated predictors, served by a fleet of AI data bots, produce insights based on real-time data from a vast number of sources.
To effectively trade, users must monitor thousands of price movements of alt-coins across many exchanges.
ITT makes this easy.
Even the most experienced traders use multiple services to gain insight into market indicators that are changing every second.
The goal of ITT is to empower every trader by bringing these resources together, whether they are looking to buy, sell, or hold coins.
The ITT team used token sale funds to roll out new bots and further their current model.
The platform learns from the past history of prices and volumes to find patterns and read between the lines.
Data bots are constantly scanning the internet to make sense of the cryptocurrency market, which can seem unpredictable at times.
The data is live and is collected from multiple exchanges. Here’s an example alert from the Tier One ITT platform for a “BULLISH” summary.
How advanced is the project?
ITT is currently live in Public Beta. Currently, the project is in Phase Two.
Phase One consisted of conceptualization, concept realization, and the development of an advances trading assistant.
The company developed an automated Telegram chatbot that included trading alerts sent based on predefined volume and price changes.
The company continued development and testing of advanced features with the bot and authored a white paper as three new advisors and a new lead platform developer joined their team.
Phase Two, which the company is currently in, included the token sale. ITT bots and the algorithm used to assist them are being optimized.
The company is also working on developing statistical data modeling and trader experience patterns.
A free Alpha ITT bot will be released on Telegram for limited public use without AI features.
The Public Tier One ITT bot will later be released with more TA features added. Continued development and testing of new AI features with the bot will be carried out in this phase.
Eventually, the Tier Two bot will be released on a subscription-based model. Personalized trading alert settings will be made available on this bot.
Phase Three will include the addition of even more sophisticated features being added to the ITT bot, such as the social media sentiment indicators.
The company will partner with Augur/Gnosis and investigate the potential inclusion of predictive market features.
During this phase, the company will also make a portfolio management companion app available.
They will also add support for Simplified Mandarin, Korean, Japanese, Cantonese, and Spanish speakers.
Tier Three subscription options will become available, while ITT users will gain access to exclusive cryptocurrency research reports.
Data bots will constantly be re-tested and improved through this stage.
API access to user accounts on exchanges will exist for faster trading. Automated smart loss prevention trades will be implemented.
How can token value appreciate and what are tokens used for?
Contributors who purchased ITT tokens during the ICO between August 18, 2017 and September 1, 2017 received bonus tokens.
The tokens are used to pay for ITT bot subscriptions. The token is listed as an ERC-20 token on the Ethereum blockchain.
There is currently a supply of 21 million tokens. ITT plans to burn 25% of all subscription fees that they collect from users.
The price of bot subscription will be kept high enough to make sure that the number of users never becomes high enough to become a market manipulator.
On the other hand, the price will be kept low enough to ensure that subscriptions will always be available to low-volume, beginner traders.
The token value has the potential to appreciate due to the rise in value of Artificial Intelligence.
From 2012, the number of deals contributed to AI startups has been increasing. 2016 was a record year for AI startups across the globe.
Private AI brands across the world received more than $5 billion in 2016. This trend is expected to continue, which is great news for ITT and its shareholders.
Tier One costs $5 per month, payable in ITT tokens. The Tier One bot sends alerts based on various technical factors.
Tier Two includes a $20 per month fee. This bot sends customizable alerts that are personalized by AI models. These alerts are tuned to user trading goals.
Tier Three will be launched in Q3 of 2018. Pricing details for this service have not been released at this time.
You should never invest in a team that isn’t reputable. Let’s go over just how reputable ITT’s team members truly are.
Investing in an anonymous team is a huge mistake.
Luckily, ITT’s team members are experienced, credible, and dedicated to improving the platform.
The team is made up of professionals who are skilled in asset management, algorithmic trading, artificial intelligence, and more.
Head of Engineering and Innovation: Thomas Counsell
Thomas Counsell earned a Computer Science degree from Purdue University.
In 2012, he co-founded the biggest artisan e-commerce site in Morocco, Anou.
Then, in 2015, he created Noble Software Foundation and Incorporeal Ltd.
Thomas has recently led software development operations for startups across Thailand. He now lives in the Czech Republic and continues to work with AI and blockchain technologies.
Head of Finance and Strategy: Benjamin Lakoff, CFA
Benjamin Lakoff is a finance professional and entrepreneur.
He is an active trader in cryptocurrency markets, as well as traditional ones.
He holds the Chartered Financial Analyst (CFA) credential and has been investing money into Blockchain startups since 2016.
Ben has experience with mergers & acquisitions, equity markets, banking, and more.
Product Manager: Vincent Van De Neste
Vincent Van De Neste is ITT’s social media expert who is passionate about cryptocurrency and trading.
He has over three years of experience managing Facebook advertising portfolios, complete with millions of dollars in yearly ad budgets.
Vincent also has a background in online poker, where he developed knowledge in game theory optimal strategies.
Senior Engineer: Francesco De Lisi
Francesco De Lisi earned a Computer Science and Engineering Master’s Degree from the University of Bologna, Italy with a Master Thesis about Artificial Intelligence for clinical diagnosis systems.
By 2011, he was a consultant and developer of business intelligence applications.
In 2013, he became a full stack developer for an automatic packaging machine design/manufacturing company.
In 2016, he contributes to Open Data and free consultancy.
Senior Engineer: Alex Yudin
Alex Yudin has a background in computational biology and bioinformatics.
He earned a Computational Biology and Bioinformatics master’s degree from ETH Zurich and Computer Engineering master’s degree from the University of Radio-Electronics Minsk.
Alex worked for multiple software engineering companies and worked his way up to Cheif Technology Officer before entering the field of computational biology.
Alex is currently living in Prague, Czech Republic.
General Counsel: Dave Rodman
Dave Rodman is an attorney who applies his background in finance, securities, corporate law, and intellectual property to further his clientele’s goals.
His previous clients include cannabis dispensaries, cultivators, and manufacturers, as well as industrial hemp companies, music venues, musicians, and private equity firms.
He specializes in regulations and laws relating to cryptocurrency, cannabis, and industrial hemp.
Mr. Rodman has advised clients all over the world and is licensed to practice law in Washington State and Colorado.
Advisor: Poramin Insom
He is also the CEO of Satang, a mobile bitcoin wallet.
Poramin is the first person to apply stealth addresses to QT-Wallets, which boosts cryptocurrency anonymity.
He also holds a master’s degree in Information Security from Johns Hopkins University.
Advisor: Sebastian Bausch
Sebastian Bausch is a security risk analyst who has been working with cryptocurrencies as far back as 2011.
He is the co-founder of Criton Group, which is a risk consulting firm.
He earned a postgraduate degree from the University of Nottingham and studied Mandarin at Xiamen University.
His previous experience includes advocating for European firms when they are entering the Chinese market.
Trading Advisor: Peter H
Peter H is an independent advisor to ITT.
For the past six years, he worked for the Asset Management divisions of Wells Fargo and JPMorgan.
Peter has experience with technical analysis and modeling, as well as all asset classes.
He is passionate about ITT because he sees great value in the project for all investors.
However, he has chosen to remain anonymous at this time due to unknown consequences of the US regulatory environment for licensed professionals.
Now that you’re familiar with the ITT team, let’s look at the opportunities of investing in ITT.
By 2025, AI is expected to eliminate or crush bank jobs like sales and trading or asset management.
Currently, cryptocurrency traders spend time and resources scouring forums, chat groups, and social media for information about coins.
At the same time, they’ve got to decode technical information about these coins and figure out when the right time to trade is.
If a tool existed that could help traders view all of this information in a simple, sophisticated way, it would be priceless.
The AI being used by ITT makes this a possibility.
These technologies allow software to analyze and interpret all of the complicated and intricate information all in one place.
This tool allows all traders to predict price changes before they even happen so that they can make a profit without missing any opportunities.
All of the heavy lifting is done for you with ITT. You can customize trading bots to send you alerts based on your risk level, hold timings, and more.
Then, you make the final call about whether you want to buy, sell, or trade.
The bot is even capable of self-programming and reprogramming as the market changes.
What about concerns? What is the downside?
ITT is currently only available on limited exchanges.
This has been a cause of frustration for some investors.
If you aren’t interested in using these two exchanges, you may want to wait on investing in ITT.
ITT is an ERC-20 coin on the Ethereum blockchain.
It was designed with every trader in mind, whether you’re a newbie or an experienced trader.
The goal of the project is to provide all traders with actionable alerts about the changing market so that they can optimize profit and make informed decisions.
The project is live in Public Beta and is currently in Phase Two. Tokens are used to pay for ITT bot subscriptions and can appreciate as AI becomes more valuable.
The ITT team is full of experienced, credible professionals and advisors across several fields, so you’re in the hands of a strong team.
Opportunities for the platform are truly endless. You can use the AI bot to make smarter trading choices, which will lead you to the promised land of profit off of your trades.
ITT is currently only offered on a limited number of exchanges, which is a concern. Keep that in mind before buying.
Overall, ITT is a great coin for long-term holding that you should consider buying soon.