There is a distinction between ’high risk’ and ’unacceptable risk’ in the minds of many participants — cryptocurrencies have traditionally been seen as the latter. LUCRE aims to bring the risk to an acceptable level for allocation to retail participants.

The maximum drawdown of LUCRE Algo trading was 30% in the 1 year of trading test results. In comparison BTCUSD has been down 70% from the peak in December.

LUCRE Token’s value is not based on speculation but rather the product benefits and net asset value backed by the performance of an algorithmic Cryptocurrency trading with real funds. LUCRE’s utility token is called LCR. It can be traded at any time, holdings are fully transparent.

LCR is a utility token which initially can only be acquired during the Token sale event which is a one off, closed cap offering. A 40% of the total crowdsale is allocated to the trading pool, and then awarded proportionally to the Token sale participants. 75% of profit generated by the algorithm will be distributed to the Token sale participants. During the time the Trading Pool has losses, participants simply receive no compensation. Profits will be paid as a quarterly fee in ETH to the participant’s assigned wallet. The other 25% will be reinvested in the Trading Pool to increase the fund capital, and consequently increase the next benefits that are generated.

LCR tokens provide premium membership and limited access passes. Once you have these tokens, you are able to earn money combining several options.

LCR is an ERC20 token based upon the Ethereum blockchain. Operating on the blockchain allows for global accessibility, 24/7 trading, transparency, public verification of LUCRE’s trading performance. The tokens value is linked directly to the underlying cryptocurrency trading performance.

A public Token sale event will be held from the 15th of Oct to the 11th of Dec 2018. LUCRE will use the Token sale contributions to trade Crypto currencies starting Q2 2019 and the coin is expected to be listed on exchange in Q2 2019.

The minimum raised money is $1.6 million USD and if this is not achieved all contributed funds will be returned.

TOKEN DISTRIBUTION AND STRUCTURE

There will be a total supply of 12,500,000 LUCRE tokens, all of which will be issued during the distribution stages. This is the final amount of tokens, and no further tokens can be issued.

80% of the LCR tokens will be awarded for sale to public contributors during token Presale and Main sale.

14% of the LCR tokens will be allocated to the Company’s reserve. This reserve will be a source of income for the organization and will be used to cover operations cost.

3% of the LCR tokens will be assigned to advisors.

3% of the LCR tokens will be distributed through our Bounty Program as a marketing initiative reward, bug report and advertisements.

TOKEN SALE FUNDS UTILIZATION

All the token sales income will be used to fund the product launch, ongoing platform development, and user acquisition:

40% — R&D. It includes team development with about 5–7 engineers and programmers. Web dashboard development, robot algorithm improvement; signal broadcast service; smart phone application development and testing.

40% — Trading Pool. Contributions will be used to generate profit with the LUCRE Trading algorithm to return contribution to Token sale participants. This is not related to dividends in any way.

3% — Marketing expenses with ad campaigns, presentations etc.

15% — Capex, operational costs

2% — Legal and compliance fees

LCR PRICING

The token to ether price ratio is adjusted dynamically such that token price tracks $1 (the bonus structure is then applied on top of this).

Token Presale: 15th Oct 2018

Token Main Sale: 1st Jan 2019

Token Type: ERC20 — Ethereum Blockchain

Maximum Supply (Hard Cap): 12 500 000 LCR

Available for Purchase: 10 000 000 LCR

Minimum Token Sale Contribution: 0.1ETH

Minimum Raise: $1 600 000 USD

Maximum Raise: $7 000 000 USD or 10 000 000 LCR Tokens (whichever happens earlier)

Price per token:

Pre-sale (Up to 10 000 000 tokens): $0.769 (30% Bonus)

Stage 1 of Main Token Sale: $0.83 (20% Bonus)

Stage 2 of Main Token Sale: $0.87 (15% Bonus)

Stage 3 of Main Token Sale: $0.91 (10% Bonus)

Stage 4 of Main Token Sale: $1.00 (No Bonus)

The LCR Token sale phase ends either on 28th Feb 2019 or when the maximum LCR tokens market cap has been reached.

CONCLUSION

LUCRE is poised to set a new standard for cryptocurrency participation. It aims to alter the tendency to HODL the crypto assets which doesn’t always give high returns as we have seen since the peak in December 2017. Holding the LCR tokens gives access to the high performing trading Algo which takes aims to better perform than just HODLing it and hoping it will keep going up.

Visit https://www.lucretoken.com/ to learn more about upcoming LUCRE Token Sale.