You often read this message from the mainstream media: Bitcoin, and all cryptocurrencies for that matter, are financially dangerous. Uninformed traders get lost using exchanges, make many bad trades, and lose their cryptocurrencies as fast as they bought them. So, imagine this: from now on, people can start trading cryptocurrencies with the help of a trading bot that takes into account market sentiment, news stories, trading indicators, and general price movement; a trading bot that augments your trading experience and makes your first and future trades more informed and calculated.

Cryzen offers an approachable trading experience by introducing a state of the art trading platform that integrates with existing exchanges like Binance or Bittrex. The Cryzen trading platform offers (community made) trading bots and predictive algorithms, and tools to create, tweak and backtest bots and algorithms. These trading bots have the potential to increase user profit, while adding a less emotional and more rational trading approach that could contribute to improving overall market stability.

“The future of trading is machine learning and AI based algorithmic trading. At Cryzen, we are developing a platform that makes it dead simple to create machine learning enhanced trading bots utilizing: price, news, and social media data. This will aid to usher in a new era of information efficiency in the crypto markets.” — Shuvro Biswas, Cofounder and CEO of Cryzen

Cryzen — Powerful Trading

Cryzen will empower traders with the ability to create, backtest, and use custom-made trading bots & algorithms utilizing their Code Studio web interface. Cryzen keeps both ends of the coding spectrum in mind: expert coders to non-coders. A full coding experience will be made available for the experts, a Code-Free Zen Version for the beginners. Cryzen also keeps the busy people among us in mind; the people that don’t have time to create their own bot or algorithms using the Code Studio. The platform encourages the sharing of predictive algorithms and bots within the community, and provides straightforward algorithms that are available to users right off the shelf.

Cryzen Code Studio — A User Friendly Coding Experience

The creation and coding of trading algorithms and bots will be done using the Cryzen Code Studio web interface. This studio is fit for coders with skill levels ranging from experts who create and implement their very own trading bots, to first timers, who will use the customizable coding templates to create their preferred trading bot.

The Code Studio provides a full Python coding experience that supports syntax highlighting, autocomplete, code collapse, autoindent, and more. Algorithms will be displayed on a mini dashboard featuring trading logs and visualizations of backtesting results using historical data. These visualizations will be completed by rendering an overlay of what the trading bot executes on top of a price chart of the selected cryptocurrency; augmenting the user’s trading experience.

Code Studio

Zen — Coding Made Easy

The Zen mode of the Cryzen Code Studio is specifically made for first time coders. It introduces code-free trading bot development, making coding trading bots and predictive algorithms accessible to all. Prewritten code will be editable in an approachable interface using sliders, input boxes, drop-down menus, and more nifty features to streamline the experience.

Zen Code Studio

The fact coding a bot will be accessible to all is an important feature. Currently only big market players, established institutes or skilled coders can fully utilize the power of trading bots, which makes for an unfair advantage. The Code-Free development of trading bots can disrupt the trading space for good by flattening and equalizing the playing field.

Cryzen Machine Learning — Training Your Very Own Bot

To train and optimize trading bots, users will have access to Machine Learning tools. The Machine Learning interface enables the users to develop algorithms that will attempt to predict future events. To predict these events, the algorithm will pull aspects of the past and analyze the current market sentiment. Once satisfied with the performance of the machine learning model, users will be able to import it into the Coding Studio, users will then be able to implement it onto their trading bot. The user’s trading bot will now attempt to predict the future, and make calls without the need to code countless rules: it has autonomously learned how to trade!

The market sentiment used to predict the future will be determined using the following data

Community Algorithms — Knowledge for Everyone

If you are part of the ones that are absolutely mystified by coding, or the ones that don’t have time to dive into the (Zen) Code Studio: do not despair. Cryzen will boost and make community algorithms and trading bots available for free in order to capacitate everyone to dive into the platform. The best community made algorithms will be implemented in the (Zen) Code Studio interface.

The Cryzen platform also provides straightforward algorithms that are available to users right off the shelf. These (community) provided algorithms and trading bots can optionally be back-tested by the user on the Cryzen platform, and be put to use on supported exchanges without any restraints. Cryzen doesn’t plan on ever implementing a feature to buy and sell community made algorithms. Supporting their belief that fostering innovation is crucial to boost the algorithmic trading community.

XEN Token — The Zen of a Dividend

The XEN token is a dividend token that will provide XEN owners with monthly distributions of ETH based on multiple revenue streams. 40% of profits from these revenue streams will be distributed to token holders based on:

1) Value of service — the trading platform retains 5% of user profits over a given month.

2) Revenue from use of certain premium features — the majority of features are free to the user — such as reasonable time limits for back testing and deployment of a developed bot to an exchange. Certain advanced features will be available to users for a monthly fee — such as unlimited use of the platform and advanced tools.

Premium Cryzen Features

3) Revenue from trading the Zen Fund. The Zen fund is a trading fund that consists of 20% of all funds raised from the presale and ICO. This fund will be traded by algorithms under the purview of the Cryzen team — and profits distributed monthly!

All sources of revenue will be transparent to the public, and ETH payments to token holders are enforced by smart contract. The XEN token will be one of the first securities tokens, and licensing from the SEC will be sought prior to the ICO.

Bounties and Partnerships

Cryzen has active bounties where participants earn the bounty token XENB, which is swappable on 1:1 basis after the pre-sale phase.

Cryzen partnered with Parachute Token to help match their project to an engaged community consisting of individuals who want to learn more about the project, and who want to engage with Cryzen to give valuable feedback being the project’s very first active users. Thanks to this partnership Parachuters are enabled to start exploring the astonishing world of trading algorithms and big data. This partnership allows Parachute to distribute XENB to every Parachute community member, with higher rewards for the most engaged community members.

The Future of Trading

Cryzen is ushering in the future of trading by combining a platform that enables easy and accessible coding of predictive algorithms and trading bots with a real time web interface featuring a machine learning tool to train custom made trading bots, free community made trading tools, and a very profitable dividend token with a fitting hedge fund. Cryzen will allow traders with a wide range of technical backgrounds to begin building better portfolios, starting with you.

Written by Nathan & Crypto French with the help of Chris

If you are interested in Cryzen, be sure to sign up and follow them by using the Parachute Platform. After you sign up on Parachute, head over to the Cryzen page and follow the details given there. This will make you eligible to receive future XENB airdrops and take part in Cryzen related social events.

Parachute x Cryzen: https://www.parachutetoken.com/cryzen

Cryzen Links

Website: https://www.cryzen.com

Telegram: https://www.t.me/cryzen

Twitter: https://www.twitter.com/cryzenllc

Medium: https://www.medium.com/@cryzen

LinkedIn: https://www.linkedin.com/company/cryzen

Facebook: https://www.facebook.com/cryzenllc

Parachute Links

Website: https://www.parachutetoken.com

Telegram: https://t.me/parachutetokengroup

Reddit: https://www.reddit.com/r/ParachuteToken

Twitter: https://twitter.com/parachutetoken

Discord: https://discordapp.com/invite/kyrCWen

Partner with Parachute: https://medium.com/parachute-application-announcement/parachute-application-announcement-e452006ae0e6

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