IRIANTO18

Introduction

TYDO platform is a modern multifunctional platform designed for efficient interaction with cryptocurrency exchanges. The platform includes Trading Terminal with technical analysis tools, Marketplace where platform users can exchange their trading strategies and ideas for TYD tokens, and Social Trading Platform where skilled traders can share their experience, portfolio structure, and trading history. Unlike existing trading solutions available today, TYDO incorporates all abovementioned tools into one ecosystem, and also offers its users an opportunity to operate on more than 50 cryptocurrency exchanges. TYDO platform aims to bring cryptocurrency traders onto one site, providing them with tools for developing and executing trading strategies and ideas with built-in easyto-use automation solution. With a well-defined and balanced design, and highly customizable Trading Terminal interface, TYDO platform offers a new model of traders' interactions with centralized cryptocurrency exchanges, and with each other, to develop modern approach to cryptocurrency trading and networking.

Marketing Market

The cryptocurrency market is continuously growing. The last couple of years showed the increased popularity of Bitcoin, raising awareness about cryptos in general, gradual transition to a digital alternative of fiat currency, and higher levels of engagement in trading. If one were to look at numbers, today cryptocurrencies represent around 0.60% of all the world’s stock markets. However, cryptos continue to grab their share of the global investment market. Since January 2016, the total cryptocurrency market capitalization has increased more than 80x. It reached $17 billion in January 2017 and rocketed to $560 billion worldwide in January 2018 (Figure 1)2. Similarly, during the last two years, the market capitalization of the global stock markets was gradually increasing and has exceeded $98 trillion in January 20183. Thus, there has been a corresponding rise in both markets. Nonetheless, it is worth noting that the cryptocurrency market has shown an unprecedented growth without the contribution from large financial institutions.

Market Volume

Global volume in cryptocurrency markets has shown a significant growth. Daily trading volumes spiked during 2017, and passed the $50 billion mark by the end of 2017 (Figure 2)5 . At the present time average daily volumes in the cryptocurrency market hover at about $20-34 billion. These numbers indicate just how popular cryptocurrency has become in 2017.