How the idea was born?
Most of us prefer to play it safe with our money. Rather than use the funds we have to increase our wealth, we save. And that's natural. After all, since the crash of 2008, we are all more wary of letting banks or financial institutions invest our money for us. The reason? It comes down to a lack of trust. With little transparency or accountability, the risks are too high.
Now imagine a place where you could invest your money with complete transparency and trust, a place where all the data on your investments is 100% verifiable and accessible. Where an accurate, constantly updated ranking system incentivizes traders to maximise their performance in a way that benefits all. Where, whatever your level of knowledge, you have the tools and community available to help you learn more as you go.
That place is real. That place is SociumTrade.
Using blockchain distributed ledger technology and smart contracts, we are building a decentralized portfolio marketplace where all data is verified, up to date and accessible. This solves the trust issue, giving you the confidence and security to invest and grow your funds.
If you're an investor, we give you up-to-the-minute, bulletproof data on a trader's past performance, profits and losses, risk tolerance and more. Now you can make the right decision on who to depend on with your money. And because we use smart contracts, once you find the right trader, you can set the conditions for how they trade your money. Plus, the record of how your investments are being traded is secure and transparent - it can't be tampered with or changed.
If you're an experienced trader, we'll provide you with all the tools, data and infrastructure to become even more successful. Our blockchain-based platform enables you to build your reputation and credibility within the community, attract larger portfolio clients and increase your capital potential. And if you're not so experienced, the social network functions on our platform mean you can learn from more experienced traders, who are incentivized to help you grow.