Since 2018 Tycoon.io has demystified and democratised crypto trading and opened this previously hidden occupation to the world. This is the story of Tycoon.
The Tycoon platform saw the light of day back in 2019. During the past bull market, many people tried their luck at trading cryptocurrencies. Needless to say, without years of experience and the required tenacity, most traders fail. That is why Tycoon aimed to bring the needed change to the scene. Cutting through the layers of complexity and plowing through the many “Bitconnects” (that still exist today), Tycoon has managed to create a unique platform that opens the door to trading to literally everyone.
What is Tycoon.io?
Everyone who has ever dabbled in crypto knows the explosive volatility. It plays tricks on even the calmest and analytical mind. This volatility, of course, is a godsend to any seasoned trader. The same goes for Serdar (who has been professionally trading the Forex market since 2012) and Hakan, the 2 German traders who saw the crypto-light in 2017 and haven’t looked back since.
During the 2017 bull market, the two were confronted with a (rather peculiar) problem. People left and right were asking them to manage their funds in order to get exposure to crypto trading without having to do the heavy legwork. This is where the idea for Tycoon was born.
Tycoon was founded on 5 important principles:
- Integrity. We believe that morals and ethics are mandatory for providing nothing less than excellence to our clients and partners.
- Transparency. Just like the open ledger of Bitcoin, we want our operating environment to be built on trust and loyalty foundations.
- Professionalism. Our biggest asset is of course the people who make Tycoon what it is today. We invest in attracting the best talent in order to perform to the highest standards.
- Technology. It’s what we do! We take our fintech beyond the ordinary and typical Industry standards.
- Innovation. It’s how we started and it’s how we work every day. The crypto space does not tolerate stagnation.
The internet has completely levelled the playing field and connected the world. Today Tycoon connects professional traders and newcomers to crypto space from all over the world every second of every day. The usage of API (Application Programmable Interface) allows traders and followers to connect to reputable exchanges (Binance for now) and even keep all of their funds separated from the Tycoon platform. That’s right. People’s funds are always under their own control and custody at all times. This core principle of unprecedented security is something non negotiable and remains as a part of Tycoon’s features.
Anyone can register and start for free. When the trader is profitable, the follower pays a profit share to reward the trader for his work and the Tycoon for providing the platform (which can be decreased by using the Tycoon token). When the trader is not profitable, the follower doesn’t pay any penalties. In general, copy traders only pay one small connection fee in order to start copying a professional trader. This way, the Tycoon platform has solidified one of the most transparent and easy-to-understand profit share systems in the crypto industry. Let’s see how it all started.
Early years of Tycoon
Our story began in 2017. That is where the seed of Tycoon was planted in the minds of Serdar and Hakan. After that, the entrepreneurial traders started to build plans and gather a team around their concept. After the initial funding round, the team had gathered a respectable 6 digit investment capital from their own funds, and the hard work began.
One of the most challenging steps in the beginning was of course assembling a core team of dedicated developers. This was completed in a record time with the help of engaging hackathons and other events. Nowadays the development team is one of the largest parts of the Tycoon platform.
Parallel to the development, the Tycoon team did its best to attract and grow an organic community of supporters and organise promotional events in the EU. The Tycoon has always been proud of avoiding hype and hysteria without delivering a physical product to the users.
Back in 2019, Tycoon organised many exciting events for the investors, as well as a charity event whereby 1000 USD was gathered for charity work in Africa.
Time went on, and the team of the Tycoon project steadily expanded. So let’s see where we are today.
The 2018 – 2019 bear market period has given Tycoon the needed time to go into overdrive and build like crazy. The amount of work completed in that short period was nothing less than spectacular. Today Tycoon is:
- More than 50 passionate and dedicated people from more than 13 countries are working seamlessly together to democratise and open up crypto trading to everyone.
- A dedicated squad of 24/7 support warriors that not only tends to the needs of the global Tycoon community but also provides live chat support and, later on, even multi-lingual assistance. These guys are the real deal, and because crypto never sleeps, they are always online.
- Finance and administration department working with a Swiss precision
- The marketing department with fire in their souls, spreading the gospel of Tycoon worldwide and bringing important crypto updates to the community.
- Management team with an eagle eye and German efficiency
- A global community of almost 30 thousand users and investors
- More than 2,000 active traders and more than 5,000 followers on the Tycoon platform today
It may come as no surprise that TYC (The utility token of Tycoon.io) is already trading on Uniswap, WhiteBit, Bithumb Global, and Bittrex Global. This token allows the copy traders to achieve a whopping 25% better profit share during their copy trading activity. Aside from the staking on the Tycoon platform, TYC also grants the holders access to new and exclusive platform features. So there’s every reason to use the Tycoon token to your advantage and hodl for the long term, just like the team.
Future of Tycoon
In summary, Tycoon is working hard to democratise and revolutionise crypto trading and make it accessible to everyone. The platform’s full functionality is going live in just a few weeks, and many more exchange listings will take away the Tycoon token soon.
The mission of the Tycoon team is to take this crypto bull by the horns and ensure that 2021 becomes the most productive and profitable year for traders and investors alike. TYC held by the team has a vesting period of a whopping 15 months, which shows the project’s long-term dedication.
It’s, of course, not possible to disclose all future plans, but as far as we know, the Tycoon platform in its current form is just the beginning. The future holds many more options for traders and followers. API connection capabilities with many other exchanges, offering more assets, and expanding the TYC functionality are just a few examples.
The crypto market never sleeps. The same goes for Tycoon and the incredible team that makes this platform what it is today. So for the traders, followers, and TYC investors, the next stop is the moon.
By now it’s very clear that the Tycoon platform is here for the long term and they are working day and night to revolutionize the crypto copy trading industry from the bottom up. Registration is absolutely free and open to anyone. Check out this link and register today!
Risk Note: Trading cryptocurrencies is subject to high risks and may result in the loss of your capital. Please make sure you fully understand the risks associated with trading cryptocurrencies and only invest as much as you can afford to lose. Be clear about your investment objectives and experience, and seek advice from an independent financial advisor if necessary. It is your responsibility to determine whether you are permitted to use Tycoons’s services under the laws of your country of residence. Investments in cryptocurrencies are not protected by a Financial Services Compensation Scheme.