On 17 June 2017, Bitotal introduced TTT (Total Trading Technology), which is the first cryptocurrencies index.
In finance, an index is an indicator or statistical measure of changes that occur in a securities market. Stock and bond market indices consist of a hypothetical portfolio of securities. These represent a particular market or a segment of it.
The Standard & Poor's 500 (S&P500), for example, is an American stock market index based on the market capitalizations of 500 large companies. These firms have a common stock listed on the NYSE.
Another example is The Nasdaq 100 Composite Index (QQQ). This allows investors to essentially invest in all of the stocks that make up the Nasdaq 100 in a single security.
Such stock market indices, are the most commonly followed equity indices. Many consider it one of the best representations of the U.S. stock market and a bellwether for the U.S. economy.
Bitotal has an experience of 3 decades in the field of asset trading. When we first approached Bitcoin and altcoins trading, we noticed the lack of statistical measuring for this financial market segment. Now, our experience has made us one of the best and most efficient exchange company. Since its launch, Bitotal has been working on its journey towards success and on revolutionizing the field of digital currency.
Bitotal first created T20 (the 20 largest altcoins) and then TSOFT (the index of companies altcoins operating in the software industry). After this, TENTER (the index for the entertainment altcoins) was introduced and then TEME (a selection of new introduced most promising coins). This 4 indexes gives investors an indication of the total Alternative Coins trading market. It also enlightens the users with the progress and the fluctuations that occur in this market.
Bitotal’s achievements go even more beyond this. After we had the tools to trade in the most effective way possible, we decided to develop a bot. This bot auto trades the whole cryptocurrencies market, including Bitcoin.
We noticed that almost every positive movement of the Bitcoin price is reflected in a negative movement of the largest altcoins and vice versa. With the help of this observation, we have developed TTT (Total Trading Technology). This technology is one of our best achievements and it profits from those cryptocurrencies prices fluctuations in the market.
Every penny or satoshi gained from this speculative way of trading is reinvested into the project and reflected into the TTT coin price. In the digital currency sector, Satoshi is the smallest unit of the bitcoin currency which is recorded on the block chain.This technology is now implemented into our coins and in the softwares we sell to our customers.
This is a part of the commitment we have made with the Dutch province Drenthe that supported us in the beginning. Just the way we have built this project and the community around it from the bottom.
Aside from our four team leaders, whose names and designations are given below, our team formation changes continuously.
Raf Varone (Project manager)
Rob Stendhal (Financial manager)
Xander Pruys (Web Developer)
Sophie Bonomi (Community manager)
This guarantees both the team members and the investors, that nobody involved in this project knows everything. It gives the investors satisfaction regarding safety, letting them trade and invest more.
Bitotal is working on the first crypto trading index since October 2016 and we made our first public announcement at the end of June 2017. This announcement was made regarding the introduction of TTT (Total Trading Technology).
Since the very beginning of the company, Bitotal’s main objective is to create passive income for all of its clients. We also thrive to expand and provide access to this opportunity to anybody who is interested.
Our vision of the future comprises of computers and algorithms that will enable us to create a sustainable income by the creation of an Index trading based cryptocurrency. Our objective for this forthcoming new economy is that Bitotal will take the leading role instead of simply being a part of it.
After the end of the ICO on 31 August 2017, we have created a list of shareholders.
This list holds the names of investors who have helped us actively. Their participation and assistance have enabled us to take the best decisions in order to achieve our common goals.
We aim to make the digital economy accessible to everyone, even those who aren’t aware of the concept of Bitcoins.
In the near future, Bitotal also intends to implement its developed technology in different software solutions. One of the strategies of our project is the introduction of saving cards for storing BTC and TTT. This will allow users to easily access to cryptocurrency in middle or big stores.
Project manager & CEO