About Tycoon Ico
Tycoon Ico serves as a secured interface between professional traders and end users. All activities of the traders are monitored via a secured API connection in real time and can be copied to a follower’s portfolio automatically. Each user manages his own investments at his preferred exchange, being able to access his portfolio at any time.
Tycoon followers can freely assign a part of their volume to each selected trader and set an individual stop loss. Selecting multiple traders allows for diversifying investments to optimize your portfolio management. To ensure all users have a safe experience, the platform is developed with the highest security standards and under continuous assessment through individual algorithms.
| ICO | DETAILS |
|---|---|
| Company Name | Tycoon |
| Token Symbol | TYC |
| Price | 1 Tycoon Token / TYC = 0.1 USD |
| Type | Utility |
| Bonus | Available |
| Bounty | Available |
| Whitelist/KYC | KYC |
| Country | Germany |
| Langugae | English |
| Restricted areas | USA |
| Accepting | ETH, BTC |
| Platform | Ethereum |
| Website | Homepage |
Trader Benefits
Best support in positioning on Tycoon
The trader’s profile consists of two parts. All relevant data will be gathered in real-time from
the trader and visualized for potential followers automatically in form of charts, numbers
and averages in different time periods. In addition, the feeds, which are either public or only
visible to followers, can be rated by means of likes. The trader receives detailed statistics on
his trades and feeds. Some of these statistics are public and can be viewed by followers and
shared on social media platforms.
Low administrative burden
Tycoon enables the trader to generate additional capital from his know-how without any
extra effort. Without Tycoon, the trader would have to engage in time-consuming client
acquisition, maintain customer records, portfolios and returns. Tycoon eliminates all the
administrative work for the trader, allowing him to more effectively and efficiently focus on
his main activity: trading.
Additional source of income
Every trader strives to optimally manage and increase his own portfolio. Using Tycoon Ico does
not change this objective. Once the trader is connected to the platform, followers can follow
him and replicate his trades. The more successful the trader is in analyzing the market,
the higher his own profits, and thus those of his followers. Consequently, the profit share
the trader receives for his service inevitably increases. A high level of commitment and
consistently positive statistics allow any trader to rise in level, rank higher in the leaderboard
and further increase his profit share
Platform
Explore an ever-expanding variety of cryptocurrencies and automatically copy the underlying assets from professional traders in our community.
Why Tycoon?
Build your portfolio and enjoy the security and benefits of the biggest exchanges in one place.
Copy investment
Followers are able to copy investment strategies from professional traders without entrusting their investments to unknown third-party institutions.
Classified traders
Tycoon Traders are classified according to various characteristics and can be sorted by the follower in any way desired.
Followers confidentiality
Followers also have the option to operate on the platform anonymously.
Traders benefit
Successful traders profit from their followers added investments without having to manage it themselves.
Without additional effort
Traders profit from their followers returns on investment pro rata, without much additional effort.
Privacy protection
All users have the option to work with an alias to protect their privacy.
Token
Allocation
On the platform, the Tycoon Review Token serves as a payment currency, just as BTC and ETH. When you use the Tycoon Token, you will receive discounts on fees and profit shares, similar to BNB on Binance.
Payment Process
The fees paid by followers are recorded daily but only will be charged at the end of each week to be able to provide a high watermark during the following period. On every Sunday, all pending fees will be settled. Compared to daily billing, the weekly payment process increases the stability of the platform and furthermore prevents unnecessary, complex processes.
All payments on Tycoon will be handled through the internal Tycoon wallet which supports the Tycoon Token, Bitcoin and Ethereum. This wallet will be generated automatically for every user upon the first deposit. During an active following Tycoon will reserve the needed funds in real-time in the users wallet. The fees will only be deducted when the following period is completed and the follower ends up with realised profits. This ensures a smooth and seamless experience for all users.
Protection & security
Tycoon Ico Security is the top priority. Various security algorithms ensure that attempts at deliberate manipulation or abuse of the market are prevented before they arise. KYC verifications, 2FA, email verification, professional back-end security, outsourcing of sensitive user data, security algorithms and the use of established exchanges all make trading with Tycoon safe.