Review Cryptonovae ($YAE) – All-in-one trading ecosystem-the future of crypto trading is about to change

Cryptonovae is an up-and-coming trading ecosystem, serving as the core gateway to CEX and DEX interfaces. Featuring a powerful charting engine, highly-customizable trading tools, its own marketplace, and a utility-filled $YAE token, the platform is destined to reshape crypto trading for good.

https://youtu.be/nXHjrHwcOxI

What is Cryptonovae?

Cryptonovae is an all-in-one trading ecosystem to manage digital assets across multiple cryptocurrency exchanges. It provides users with a sophisticated trading experience through advanced charting features and trade management – intuitive, homogenous, and easy to use for traders at all levels. With its integrated marketplace for automated trading systems, signals, and trading tools, Cryptonovae provides an all-encompassing and state-of-the-art trading experience. Its very own utility token YAE serves as a central piece to the ecosystem, allowing users to engage with the ecosystem through its core function as native payment.

Filled to the brim with customizable trading tools and market-shaping features, Cryptonovae targets traders looking for an all-inclusive experience. After all, switching from one exchange to another in hopes of finding desirable trading pairs, low fees, and appropriate tools no longer cut it.

Outstanding features

What is the project trying to achieve?

The problem

With the exponential growth of cryptocurrency markets and an increase in the influx of traditional traders and institutional investors, the trading standards applying to crypto markets still lack behind the industry standards of the traditional markets. 

With sophisticated software established in the traditional markets, crypto exchange trading moves within an insufficient and non-user-centric range, still lacking the vast offer of charting and analysis tools entrenched in traditional market trading.

The Solution

Built as a software solution with modular features, Cryptonovae is designed to tackle the need for crypto and traditional retail traders in the digital asset markets. But most notably it is the solution to finally trade efficiently. 

Through the software layer Cryptonovae offers, the gap between traditional markets and crypto markets is being bridged, which qualifies Cryptonovae to become the primary gateway to crypto markets trading, providing access to both centralized and decentralized exchanges. They believe an equally sophisticated trading tool, comparable to the established ones in traditional markets, is an ultimate game-changer for a final embracement of cryptocurrency markets through traditional markets.

The Vision

Build a tool, that allows you to Trade Crypto Like Never Before! Since its inception, its focus has not only been on developing a sophisticated trading tool or transforming the trading standards in crypto, but also on building an ecosystem that wishes to reward and incentivize its community’s loyalty through its functionality.

Cryptonovae is a High-Industry Standard Trading-Platform, which aims to:

• Provide the best market access conditions with its low-latency architecture. Deploy your customized display and trades without any delay – because speed matters.
• Meet the needs of any trader, from the very beginner to the most seasoned veteran. Define and customize as many strategies as necessary for your particular trading methods. 
• Become a trusted and secured platform for retail and institutional traders. User’s exchange API keys are not sent to any server but stored on the user’s computer.

What is the unique selling point?

Cryptonovae brings the maturity of legacy-markets trading to crypto markets with ease by maintaining the user experience. It allows users to enter the crypto markets in a user-friendly yet advanced approach, addressing an important point for the future of an emerging industry. 

With never seen features on the cryptocurrency trading market, Cryptonovae provides in a most advanced manner the comfort of a 3 enhanced trading experience while conveniently engaging with numerous market providers simultaneously.

In a complex world of differentiating exchanges, Binance, Bitmex, Kraken, and the others keep expanding their products and features but are still being recognized for their main initial specializations.

Platform features

The solution is delivered with a full set of native features designed to enhance and optimize the trader’s experience. 

• Charts monitoring: users can open as many charts as they want, for any exchange connected to the user’s account. 
• Native Trade-Management function: an advanced tool to set multiple take-profits and stop-losses logic. 
• Indicator & Strategy coding from the platform: users can develop and integrate their own indicators and trading bots. 
• Balance monitoring: instant access to all your balances on all your connected exchanges. 
• Automated trading integration: the platform comes with the ability to run and execute algorithmic trading. 
• Multi-screens function: users can detach and organize their charts and all the other windowed functions on different screens 
• Customizable Timeframes starting from tick: the platform comes with a set of predefined time frames but the users can choose to display their charts in any time frame they want. 
• Multi-time frames display: users can conveniently set many charts on a single screen to create a comparison setup based on different time frames for the same trading pair. 
• Native Take-profit (TP) and Stop-loss (SL) function for all exchanges: the platform renders a homogeneous experience across exchanges through an easy one-click SL and TP’s function, which also drags & droppable directly on the charts. 
• Trade analysis: the platform comes with a complete analysis tool, users can define a period and access their profitability and loss statistics.

Cryptonovae brings a homogeneous trading experience no matter what exchange you are connected to

Technical Architecture 

The Cryptonovae software is a multithreaded trading platform, giving users the ability to connect to any crypto exchange network that provides a user API. Thanks to Cryptonovae, users will be able to trade on all their desired exchanges with one single tool. It serves as a unifying platform, 6 giving users a simple way to trade on a multitude of exchanges without having to worry about the specificities of said exchanges. With its unified trading system, users will benefit from the ease of trading on Cryptonovae, while still having access to more advanced trading operations.

Technology Stack 

Cryptonovae is currently developed using the .Net Framework (C#), and as such currently only runs on Windows. Given that most of the financial actors have historically provided .Net APIs, the .Net Framework was chosen as the best way to unify the access to multiple exchanges. Most of the crypto exchange APIs are RESTful APIs, and as such can be easily integrated into a .Net Framework environment. Upon release, Cryptonovae will be migrated to the .Net Core framework and will then be also available on Mac and Linux.

Exploring the Chart Engine

TradingView and MetaTrader 4 have shown great promise, but they do come with particular disadvantages. For one, customizing MT4 is time-consuming and downright exhausting. In light of these aspects, Cryptonovae has decided to pioneer a new charting engine, effectively removing and improving on everything that’s deemed as inconvenient in traditional offers. The software’s powerful chart engine allows multiple screens and timeframes, with plenty of customization options. Modular features are easily and intuitively taken advantage of, creating the very best trading setups for the ecosystem’s users. 

Use case

If you’ve been following the project till now, it’s fairly self-explanatory. Cryptonovae aims to be a one-stop platform for all things trading. It manages to do so by integrating with various DEXs or CEXs to enable trading of more than 6,000 tokens.

This means, that instead of figuring out multiple exchanges and login details, you can do all of your tradings from a single place. Fuelling the entire project is a YAE utility token that isn’t only used for trading, but also for rewarding traders along with the other benefits.

Roadmap 

Q1 2022

• Addition CEX and DEX integration
• $YAE Exchange Token Listings
• Multi-language Translation for Cryptonovae Website Ecosystem (12+ languages)
• Cryptonovae Annual Summit

Q2 2022

• Cryptonovae Native Staking Portal
• Tax Reporting Tool Implementation
• Research and Development Program Presentation
• Community Development Platform
• Community Vote Feature

Q3 2022

• Cryptonovae Annual Traders Contest – 1st edition
• Mobile App Launch (IOS and Android)
• In addition CEX and DEX integration
• $YAE Exchange Token Listings

Q4 2022

• Marketplace Upgrade
• Research and Development Program Phase 1

Q1 2023

• Cryptonovae Software V1.2

Q2 2023

• Research and Development Program Phase 2

Technical Data

Key metrics 

YAE is Cryptonovae’s ERC-20/BEP-20 utility token. It serves as a means of payment on Cryptonovae’s platform. 

• Token Name: Cryptonovae
• Ticker: YAE
• Blockchain: Ethereum
• Token Standard: ERC-20 
• Contract: 0x4ee438be38f8682abb089f2bfea48851c5e71eaf
• Token type: Utility
• Total Supply: 100.000.000
• Circulating Supply: Updating….

Token allocation

Token release schedule

• Private & Public Sale: 30,000,000 $YAE (30% of the total supply) will be allocated for private and public sales.
• Staking & Rewards: 32,000,000 $YAE (32% of the total supply) will be used to reward users staking their tokens and liquidity providers depositing funds into our YAE Liquidity Pools.
• Reserve: 22,000,000 $YAE (22% of the total supply) are locked and will be disbursed over a 36-month period at an equal rate to be used for partnerships and providers amongst others.
• Liquidity Pool: 2,000,000 $YAE (2% of the total supply) will be allocated for providing liquidity on Uniswap and other exchanges after listing.
• Team: 8,000,000 $YAE (8% of the total supply) will be allocated to the team. The allocation will be disbursed over 12 months of equal vesting after a locking period of 12 months.
• Advisors: 6,000,000 $YAE (6% of the total supply) will be allocated to advisors. The allocation will be disbursed over 12 months from month 1 onwards

Token use case

$YAE allows the user to interact with the ecosystem – consisting of the software and the marketplace -through its core function as a means of payment. Furthermore, YAE has multiple other applications and provides additional incentives to utilize the service of the ecosystem.

YAE – a multitude of functions and benefits

• Payments: Users of the trading platform and marketplace can use $YAE as a method of payment. 
• Referral Bonus: Cryptonovae offers a referral bonus through an affiliate program, rewarding each referrer with a commission in $YAE, and each referee with subscription discounts.
• Contests: At regular intervals. To give thanks to their users that regularly engage with the platform, to help and boost community cohesion, prizes will be sometimes in YAE tokens.
• Token Repurchases: Cryptonovae will reinvest one-third of its free-offer revenue flow to buy back $YAE tokens on the market. Tokens will then be used in various ways to dynamize and energize the ecosystem and the community. 
• Loyalty Program: Cryptonovae will reward its affiliated traders with a $YAE distribution at frequent intervals. One-third of the repurchased tokens will be given to the platform’s affiliated users, depending on their trading volume and staking level.
• Staking: Holders of $YAE will be able to stake their tokens. Depending on the number of tokens staked, stakers will receive rankings and obtain relevant benefits – such as free subscription, free indicators, as well as a boost under the Loyalty Program.

Token sale

• Ticker: $YAE
• Total Supply: 100,000,000 $YAE
• Initial Market Cap: $797,388
• Fully Diluted Valuation: $8,000,000

DuckDAO LaunchPad partnership

• Preseed: 1,500,000 $YAE at $0,04. Locking period of 3 months. 12 months unlocking at a distribution rate of 8.33% monthly.
• Strategic/Seed: 5,500,000 $YAE at $0,06. 12 months unlocking at a distribution rate of 8.33% monthly.
• Private Sale 1: 9,500,000 $YAE at $0,063. 5 months unlocking at a distribution rate of 20% monthly.
• Private Sale 2: 12,000,000 $YAE at $0,066. 4 months unlocking at a distribution rate of 25% monthly.
• IDO: 1,500,000 $YAE at $0,08. No Lockup period
• Listing Price: $0.08

How to own the token?

Buy YAE token on Pancakeswap, 1inch-Net word, Uniswap Interface, potluckprotocol

Market and Community

Community

Cryptonovae has crossed the mark of 68,800 Followers on Twitter

Backers

Team/ Founders

Partners

Verdict

In short, Cryptonovae is not only a standalone trading software but a fully-fledged and secure ecosystem created through the culmination of multiple components. These include a native charting engine, integrations with the market’s most popular centralized and decentralized exchanges, as well as a marketplace and native token to tie it all together. Initially, Cryptonovae will support secure trading on Binance, Bitfinex, Kraken, Uniswap, and FTX, with more exchanges to be added in the future.

Find more information about Cryptonovae:

Website: https://cryptonovae.com/

Whitepaper:https://cryptototem.com/wpico/img/new%20projects/Cryptonovae/Technical-Paper.pdf

Twitter: https://twitter.com/Crypto_novae

Telegram: https://t.me/cryptonovae_community

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Elise

Coincu Ventures