👨‍🔬Thesis

Thesis for Formion

Introduction: Cryptocurrency markets are characterized by rapid technological changes, high volatility, and unmatched opportunities. Formion recognizes the potential of this fast-paced space and aims to empower traders, investors, and developers with an all-inclusive ecosystem for automated trading, artificial intelligence-based insights, and financial growth.

Problem Statement:

Complexity in Trading: Manual trading requires continuous supervision and quick decision-making. Furthermore, inadequate knowledge of trading strategies often leads to unsatisfactory results.

Lack of Automation: Automated trading bots can significantly boost trading efficiency, yet many traders lack the tools and resources to automate their strategies.

Insufficient Risk Management: In the crypto markets, traders often incur huge losses due to poor risk management practices.

Inaccessibility to Advanced Tools: AI and machine learning tools are very expensive and too sophisticated for most small and mid-sized traders.

Solution: The Formion Ecosystem provides solutions to these challenges with the following components:

Automated Crypto Trading Bots:

• Custom Bots: Build, configure, and automate your own trading strategies. (In development, coming soon🔜 )

• Smart Bots: Trade using pre-built, high-probability trading strategies. (In development, coming soon 🔜)

• AI Bots: Trade with machine learning-optimized execution. (Available)

Copy Trading:

• Copy Trading: Follow and replicate the trades of expert traders in real time. (Available)

• User Performance Tracking: Track historical performance and risk levels before copying trades.

AI-Powered Trading Insights:

• AI Portfolio Builder: Construct a diverse portfolio using advanced AI insights. (In development, coming soon 🔜)

• AI Risk Management: Implement intelligent strategies to safeguard investments. (In development, coming soon 🔜)

• AI Technical Analysis (TA): Comprehensive market analysis and trend detection. (Available)

Referral Program:

• Every user who brings in up to 10 new users receives 10% profit on their licenses and purchases. (Available)

• For 11 new users, the user receives 11% more, and for every 10 new users after that, the user receives 1% more, up to a maximum of 30%. (Available)

• Automated, decentralized system with instant payouts.

FOM Token Utility:

• Staking: Stake FOM tokens to earn extra rewards and gain exclusive access to advanced tools.

• Liquidity Mining: Provide liquidity and yield through farming.

• Access to Hidden Gems: Early insights into new and promising tokens.

• (All features above are in development, coming soon ��)

License Guarantee: (We are moving to fees on profit system instead, pay only if you have profit)

• If a user buys a license (e.g., $50/month for a bot) and they don't make a minimum of 10% profit by the end of the month (at least $55), the license will automatically be extended by 3 days until this target is reached.

• Result: Users cannot be at a loss, and the license expires only once the user makes a profit. (In development, coming soon 🔜)

Unique Selling Proposition:

• Comprehensive Ecosystem: Combines automated bots, copy trading, and AI insights into one platform.

• Advanced Security: Double-layer encryption for API keys and 2FA for account protection.

• Affordable Accessibility: Offers advanced tools at competitive pricing for traders of all levels.

• Transparency: Detailed performance and risk analytics for copy trading and bot performance.

Market Opportunity:

• The global crypto trading market, valued at $1.4 billion in 2020, is expected to scale up to $8.5 billion by 2028, with significant demand for automated and AI-based tools.

• Automated trading bots and copy trading platforms are expected to see substantial growth due to the increasing participation of retail traders.

Competitive Landscape:

Crypto Trading Platforms:

• Basic Bots: Binance, Bybit, and other exchanges offer basic bots.

• Formion: Provides a broader ecosystem with AI and copy trading features.

Automated Trading Solutions:

• Mizar, Pionex, 3Commas, etc.: Provide automation but lack AI and are very expensive.

• Formion: Integrates automation, AI, and is much cheaper compared to competitors.

AI-Based Analytics:

• Santiment, IntoTheBlock, etc.: Offer advanced analytics but lack automation.

• Formion: Integrates analytics directly into automated strategies.

Growth and Roadmap: Short-Term (Q1-Q2 2024):

• Expand exchange support.

• Launch AI Portfolio Builder and AI Risk Management tools.

• Introduce more trading bots.

Mid-Term (Q3-Q4 2024):

• Enable user-created indicators and AI automation.

• Expand staking options and liquidity mining.

Long-Term (2025):

• Establish Formion as a leading platform for automated crypto trading and AI-powered insights.

• Continuous improvement of AI algorithms and trading strategies.

Conclusion: Formion is poised to revolutionize the crypto trading landscape by providing traders with an all-encompassing platform that offers automation, AI insights, and financial rewards. By addressing key pain points and enabling comprehensive trading solutions, Formion will continue to grow and thrive in this fast-paced and rapidly evolving market.