Carboneum have partnered with ICON to utilise the ICON blockchain in order to build a social trading platform called CoinRadars.
CoinRadars will assist with technical development and project expansion, and users of the platform will be able to mirror crypto-trades made by a designated expert.
When a leader makes a trade, the user will automatically do so as well, allowing users to learn how to crypto-trade. Should a user not profit by a trade via the platform, the user will not be charged.
Payment is only required in the event of a profitable trade. This means users can experience and learn the art of crypto-trading without the concern of losing money, according to ICON.
ICON is a decentralised network that is looking to bring blockchain communities together. Its core engine, called loopchain, powers the ICON network and is currently being applied by banks, security firms and hospitals.
CoinRadars will be based upon blockchain technology, allowing for transparency and security.
The CoinRadars system will run on Carboneum tokens–120,000,000 of which will be available for purchase during the initial coin offering which launches on 25 June.
Max Kortrakul, founder and CEO of Carboneum, said: “One of the key aspects of our project that sets us apart from existing social trading platforms, is our plans to build it on a decentralised network.”
He added: “This will enable users to learn from experts in a cost-effective, secure and transparent way. Therefore, our joining the ICON ecosystem is an important step in achieving our vision, and we are really pleased to be able to announce this partnership.”
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