Hello again.
Well after having posted a few questions earlier, and still waiting for somebody to answer them I took the liberty of reading the white-paper, which is the official information document on the Peculium website and will now share some of the insights gained from that :
1) ALL POSITIONS ARE PUBLIC ON THE PLATFORM. So that means you can also speculate on your own what will happen based on both current prices and how many positions are "going" at any time, as well as their value and loss/gain. That's kind of necessary for transparency, prevents one or two people investing big to take control of the supply and demand. I would be interested to leave the client running and collect my own data from it, which also adds to network security via having the client open and aiding decentralisation etc.
2) PLATFORM DOES NOT TAKE COMMISSIONS UNLESS PROFITS ARE REACHED. This is interesting, shows confidence in the platform and prediction model, as they state that the only time commissons fees are ever payable, is after a profit position is reached so basically you never end up paying for a loss making position on the occassion when that happens. Means easier automation for you, plus less risk on trades.
3) GOOGLE AND CLOUDERA ARE PARTNERED. This project and the associated coin seem to have big corporate support, which bodes well for it's survivability. I will have to go and have a look at the partner aggreements and such to provide more detail here but it's certainly a good start having a name like Google behind you where it comes to anything crypto related and new. Google are not going to back losers, so that tells me they speculate that this has a hidden value likely to be revealed as users participate more over time.
4) PECULIUM IS ALSO AIMED AT CORPORATES FOR EMPLOYEE INVEST AND SAVING. Looking over how this is all put together, the people involved in the core development team, and what is currently happening in the community with regards to the ICO; I would say this project is aiming to gain popularity as a financial growth option for companies to offer their employees. That's as well as consumers wanting to jump into this early on for better returns over time. I would say this gives it particular weight as the entire project would have to be "lawyer-ready" in anticipation of corporates throwing their lawyers towards it before throwing money.
That's all for now - I am still reading but it is so far, very intriguing stuff!
