After successful ICO each company has plenty of collected crypto assets and their own tokens as a stake in their company. Crypto market is highly volatile and one of the reasons is the lack of liquidity on the exchanges. We can benefit as Market Makers providing liquidity to the exchanges and therefore all other players on the market will benefit as well.
Solution
Intellica suggested and developed sophisticated trade robot platform, that will allow admins to set up trade robots for buying and selling cryptocurrency tokens in various exchanges in order to stabilize token price due to increased liquidity and gain additional as a Market Maker and Arbitrage traders.
Technology and skills
[backend] Node js + Express framework
[frontend] React.js
[message broker] rabbitMQ
[protocol] web sockets
[2FA] Futurae
[DB] Redis, Postgres
[doc] swagger – REST API
[blockchain] Ethereum platform + ERC23 token, solidity, digital wallet
[server-side] CentOS, Openshift, Docker, nginx
Result
Within 4 months the team delivered the first version of the platform. Each strategy can be run in its own created on demand server. This will guarantee security and increase the exchange’s API limits. Our team implemented and automated several trading strategies and arbitrage which helped our client to stabilize token price and pushed a price up.