It is a well-known fact that investing in cryptocurrencies might be very profitable, due to this fact, many crypto investors try their luck in the hope to hit big. On the other hand, these investments are very risky thus a lot of investors have failed and lost crazy amounts of their capital over the past few years. I'm not an exception, I’ve tried to invest a few times, however, due to lack of knowledge I haven’t gain a lot.
Retail investors (also known as an individual investor or a non-professional investor), to whom I belong, don’t have enough resources to research every project to the bones and after that choose the most profitable and lucrative variants. If a person wanted to invest in cryptocurrencies he could only rely on his own intuition or the opinion of so-called "experts”. Because of that, only lucky individuals earned quite a sum.
Let’s sum everything up. We have individual investors who want to improve their financial situation, but they are not able because of these issues:
As a result of these issues, fewer retail investors choose to invest, blockchain project teams are unable to achieve their funding goals, and many blockchain experts are unable to establish themselves.
One individual will almost never succeed in crypto investing. Consequently, without a lot of thinking, we can come up with a solution – combining efforts. People can get valuable information from the wisdom of the crowd, thus it would be perfect if in the world existed platform, where investors, Influencers and Blockchain Project Teams can interact and help us to make better investments. Thinking the same way, the team of two talented individuals from Romania has created Coreto, a platform which should fulfil these needs. A place where retails investors can get valuable guidance from reputable persons.
The primary purpose of Coreto, according to the pitch deck, is to “educate the world about the transformative power of blockchain by connecting all the participants in the ecosystem.” This can be done by creating a single platform, where opinions of experienced influencers can be accessed by prospective investors to get a better understanding of blockchain projects and give them the possibility to make a better decision.
The Coreto team believes that most retail investors make investments by either guessing or relying on others opinion. To solve this problem Coreto team is developing the platform, which will be designed to bridge the trust gap between blockchain investors, influencers, and project teams.
As they say in their Lightpaper:
“…investors can not only learn more about the blockchain technology, active projects, and the current state of crypto but also interact directly, even individually, with experts and influencers. What’s more, they have access to the analytics, insights, and prediction capability of the platform’s cutting-edge machine learning algorithm. All of which empowers their ability to make sound investment decisions.”
In short, Coreto will be based on the most valuable asset a user can have: TRUST.
Integration of Machine Learning and Artificial Intelligence algorithms would be able to provide investors with market trends, crowd sentiment and segmented statistics on all relevant metrics. In the end, Coreto plans to create their own prediction bot that will be free to use for all Coreto users.
Anyone would be able to post rumours about the blockchain industry. However, only individuals who get it right and are backed by other members will become fact, and the creator will be rewarded for their information.
Coreto platform gives its users the possibility to communicate in 1-on-1 sessions with those you are following and appreciate. The value of having direct access to blockchain experts is undoubtedly great. The wealth and depth of their knowledge could help you identify profitable investments.
In order to prove their knowledge and build their reputation, influencers will back their analyses and ROI predictions by adding their opinion in the existing SOOP of each project they assess.
In order to maintain the quality of content posted by content creators, Coreto will provide the right incentives to stimulate and encourage them, offering the opportunity to challenge another peer to a 1 on 1 competitive “confrontation”.
Powerful data encryption, privacy and blockchain based data accuracy will await users who will choose to use Coreto platform.
Nowadays investing in crypto projects becomes harder and harder because various projects pop up each day. To be able to differentiate good projects for investments among all existing once, Coreto platform would be a perfect choice. Not only it gives you the opportunity to improve your knowledge in this domain, but also you can communicate with experts, who have a lot of experience.
Therefore, I strongly recommend you to take a look at this project and to study it in details, because someday it may help you to become financially independent!
Note: This is a sponsored article written in consideration for a bounty reward.
WHITEPAPER: https://coreto.io/Coreto.io_Lightpaper_v1.0.pdf
Author: 
Bounty0x username: fvafhae
