💎 TopacioTrade - Astar UCG application grant

[julio899]

Hello, dear Astar Network community, we are Topacio Trade and we want to be part of your ecosystem. We want to present the Decentralized Initiative Topacio Trade announced at forum link, We want to apply to the UCG grant program, Topacio Trade, which will be part of your ecosystem and foster the adoption and growth of Astar.

Objectives

Total automation of trading-focused logics, under the absolute control of the owner through bots integrated with Web3 technologies.

Future expansion of mechanics to cover the Forex market and stock market, and AI training for optimization, which is currently under development.

Development of an asset that is automatically capable of performing complex flows without the need to depend on a third party, under Blockchain security.

Exposure of the marketplace and auctions in the hands of users, providing real Web3 empowerment.

Events and dissemination of technology and how the implementations provided and supported in Astar, such as zkEVM chains and running in wasm, evaluate the transfer of low oracles (wasm).

Steps for our implementation:

• We plan an airdrop during the event season with different rewards, promoting the dissemination and use of the ecosystem.

• Each NFT can execute a Claim (for extraction of its Tmine); these execute a small fee when each NFT generates Tmine. The fee will be exclusively in ASTAR, transferred to the project’s treasury and liquidity.

• Quarterly events are planned, where a vault containing unique and rare gems will be opened. At each event, extraction will be exclusively with TMINE and ASTAR, alternating the exchange token by event.

• There is also a decentralized auction module where the exchange currency will be ASTAR, allowing NFT holders to place them in a free auction. Through locked bids, any interested user can participate without an intermediary. Within a 24-hour period, the NFT is released, allowing the community to control and establish NFT prices based on what they are willing to pay. At the end of the bidding period, before releasing the NFT, the locked funds of each participant who did not win the auction are returned if they have not yet withdrawn them. Transparently, if their bid or offer was exceeded, the user can immediately withdraw their locked funds.

• In the promotion plan, a daily event is planned. It will be a unique Genesis era that includes a smart contract releasing 1 gem fragment every 24 hours. Participants must hold 10 ASTAR tokens to cover participation, and through an oracle, upon completion of the 24 hours, the fragment is released randomly to any participant registered in the smart contract that day. The collected funds will be allocated to the treasury and events.

• There is an incentive to improve NFTs: a crafting module activated during event seasons, allowing the fusion and improvement of NFTs, such as statistics, luck, and native staking percentage of the NFT, significantly improving their rewards. In this module, 8 NFTs are burned, giving birth to a new improved gem with better statistics than a common one.

Use of Funds

At Topacio, we have nothing to fear or hide, with our heads held high, and no one can point fingers at us in any way. Our team, with high values, is very clear about doing a lot with a little, with what we have at our disposal.

• Expansion of dedicated servers, for a minimum of (2 initial years), with high latency on AWS with 32 GB RAM capabilities.

  • dedicated to oracles, crafting, and nodes for analyzing anomalies and price variations.
  • dedicated to the microservices layer in different countries and bot processing in the activation of various available logics and scaling to more servers depending on growth.
  • internal and dedicated to training, statistical analysis, logics, and improvements in the current existing mechanics.

• Marketing dissemination, advertising, events, and podcast development to promote the technology and what is being worked on.

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• With the liquidity lock, the birth of the TMine token native to the project can begin. Users will be able to participate in staking, supporting the project with stakes in Astar, and can be participants in the rewards of this extraordinary project.

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• Expansion of the team with highly skilled talent, improving both the optimization of animations and user experience as well as performance and performance.

Results to Deliver

• Growth and dissemination metrics.
• Performance and progress of the logics trained in the bots.
• Early access to the rarities of Topacio NFTs.
• Launch of the Marketplace.
• Launch of the auction module.
• Publication of expansions.

Portal Oficial
www.topacio.link
Doc https://docs.topacio.link

Team members:
- Julio Vinachi CEO & Founder (Senior Developer)
Developing products and services since 2009
- Melisa Suárez Co-Founder (stock market analyst)
- Gerardo Meléndez (stock market analyst)
- Manuel Reyes (Community Manager)
Ambassador of Web3 technologies

Follow Us
- Twitter/x x.com
- Discord Topacio.trade
- Telegram Telegram: Join Group Chat

[Juminstock]

How nice to see that more and more Latin projects want to join Astar’s ecosystem!

The Topacio team together with @julio899 and @ManyRyz got my direct advice to develop their project on the Astar network and they have great plans for the future. I personally support them and wish them to be included in the UCG program.

Best of success!

[julio899]

It is a true pleasure to be part of this community, and I want to express my sincerest gratitude to @Juminstock for their patience and dedication. We are working diligently to implement the upcoming updates and carry out all the improvements that Astar has introduced. Most importantly, we aim to make these functionalities available and accessible in the real world, bringing the potential of Web3 to life.

[juanafcastillo]

It’s a feasible project whith a viable and reliable proposal whitch deserves an oportunity to demostrdemostrate its talent

[Max.eth]

The way you xant to bring AI into Forex and stock market trading looks interesting.

Excited to see how this evolves.

[SimonB]

Your project seems very interesting, especially many of its features.

1. I really like the idea of using AI within your platform (we all know it’s the trend of the moment). If used correctly, it can truly enhance trading operations. How do you plan to integrate AI into your project?

2. Another great aspect is the gamification you’re building into your project through NFTs, gem crafting, fusion, etc. My personal advice would be to focus heavily on the gamification experience, ensuring that users can operate on your platform in a way that is simple and enjoyable.

3. Trading bots are always a feature I personally appreciate.

I’m curious to see your updates guys

[julio899]

Greetings @SimonB, Absolutely. From the artistic concept, we have filtered and selected the highest quality generated with AI. However, it doesn’t stop there, as we are not only looking for it to be visually stunning and appealing, but also seeking full integration with functionality, including unique Web3 features specific to Topacio, as well as operational capabilities in the bots. Currently, we are in the early phase of Alpha1, one of the first prototypes based on the study of a dataset spanning over 5 years, with the most liquid tokens: BTC, ETH, BNB, and LTC. Now, new logics and tokens will be added. As for training, it is the most challenging part, but the goal is to cut dependencies. The platform does not manage any funds, meaning no funds need to be transferred to the platform. Instead, it aims to be a technology with bots in the hands of their owners, capable of thriving in this aggressive market, regardless of trends, with a reaction time that is unmatched by humans. Through its NFTs, it configures and establishes preference mechanics, connects your Exchange in a user-friendly and intuitive interface, without relying on a YouTuber or pseudo guru, in an uninterrupted and autonomous manner, under your control.

Regarding gamification, we have achieved many advancements. From crafting to a vault module in Web3, extracting those rewards will require the reward token released by the NFTs. Additionally, we have a very dynamic system of decentralized auctions, which makes you feel like you’re in the series “Pawn Stars,” where anyone can participate. Soon, we will be sharing the development and testing on the Astar testnet.

[SimonB]

I cannot wait to see more about the project soon
, keep going guys

[pitcoin777]

Interesting project and great to see LATAM projects coming over.

1. How your project will bring value to ASTR eocsystem?
2. How ASTR token will be used in your platform?
3. Why (in the user perspective) I should avoid exchange dapp staking rewards to play around with your product?

Thanks for the application.

[julio899]

Hi @pitcoin777, thank you for your question. I hope to clarify it for you in a concise manner.

1 & 2 - The ASTR token will become part of the ecosystem, requiring it to cover Gas as well as for the interaction of the ecosystem’s modules, such as the daily event module where Astar will be needed to participate, the Claim integrated into Topacio’s NFT, and the auction or bidding module.

3 - In Topacio, we do not plan to attract the public based on rewards but rather on results and value provided, to the extent that its assets will be scarce and valuable like a Gem, desired not just for their beauty or allure but for the unique value they generate for each individual and the load of functions they offer, coveted for what they do and save, both in time and by cutting dependencies of all kinds, so that what you have in your hands, only you control in a way never seen before.

[julio899]

Hello everyone!

We are pleased to announce that our proposal is now available on ASTAR governance page .

This is an exciting opportunity for all of us, and we are eager to see how it unfolds.

We invite you to actively participate in this proposal. Your voice and opinion are crucial. Together, we can make informed decisions and take ASTAR and the development of web3 and decentralization technologies to new heights.

Do not hesitate to review the proposal and share your thoughts!

Looking forward to your participation.

[Juminstock]

Congratulations on taking this huge step, @julio899, now we will let the community and the $ASTR holders decide, however for me, Topaz is worthy of being part of the Astar ecosystem.

Best wishes for the project!

[AstarHood]

Hi team!

I’m AstarHood one of the Astar governance delegators.
Thanks a lot for proposing your application to join UCG, before starting to vote, I would like to understand a little bit more about what you are doing.

@julio899

Total automation of trading-focused logics, under the absolute control of the owner through bots integrated with Web3 technologies.

Can you descibe more about your experience with trading? For me the market of bot traders is very saturated and I’m not sure how your algorithm would be different from all other AI models out there. Building a trading bot nowadays is not that difficult or expensive. My main question here: what’s the value for ASTR for you running bots? Could you proof us your experience and track record that you can bring that value? Clear GTM.

@julio899

such as the daily event module where Astar will be needed to participate

Your current target for your project is the Astar community? How big is your current ‘active and unique’ community. It’s difficult to see this from your profile. Also the link to your Telegram channel is not working

Base on what I see is that your community is not active. So I see that you are counting on Astar to bootstrap your project. From my perspective it’s wrong to count on a protocol to make a project succesful but success should be visible the moment you ask for support… currently this visibility is very low.

So for now I will vote ‘no’, waiting on your reply.
Voting is taking place here:

[Democracy] proposal 💎TopacioTrade request Astar UCG application grant #1

[AstarHood]

A mistake has been made!
Reported by @Gaius_sama in the referenda:

I decided to vote NAY on this referendum because the extrinsic call is incorrect. You are using a system remark, which is just a notation added to the blockchain, not a registration in dApp Staking.

Your proposal should have been split into two parts:

• A proposal to register your project in dApp Staking using the extrinsic call register from the dApp Staking palette.
• A UCG proposal to the Community Council to stake 17M ASTR on your project once it is listed in dApp Staking.

[julio899]

Hello @AstarHood, first of all, thank you for the question. Regarding the experience, it is something atypical since the studies conducted for the current logics of Alpha-01, which is the first alpha that started running at the end of this year, are currently based on extreme operations. With studies conducted and trained with 4 years of data depth, even in its first prototype, it is not designed like the rest offered by the market, but something unique that will not be governed by grid systems. Instead, it operates through the different layers it possesses. It monitors the market 24 hours a day, 7 days a week, and when all conditions are met and there are market breaks, it takes action fearlessly and automatically. It is not just notifications or bots that seem like calculators, but a complete automation of flows, also able to perform SMART DCA and only at the lowest points. I will share some screenshots through this medium that will make it easier to understand. Note: I am not presuming or trying to sell anything, just to illustrate and help understand.

Regarding operations with ASTAR, the first open version was activated recently. It will start in SPOT and progressively the other modes of operation will be activated. Currently, it is in a very limited closed alpha. As for the community, it is true that it is just beginning, although I value quality over quantity. We are not seeking protagonism or to be the center of attention of any kind; on the contrary, we seek independence, autonomy, and decentralization. So much so that those who use the technology will not depend on any intermediary. Currently, the alpha controls are managed through Telegram, but we are already working on the interfaces for the mobile application panels. There is a lot of work, but we are getting there.

We had it very clear from the beginning that when we spoke, we would not do so with empty hands, but with concrete facts: how this works, functions, and we continue improving in x area. Something that gives me peace and tranquility, not being glued to a chart and without stress, knowing that the entries and points of divergence it captures are beautiful, allowing entry at the best moments and with more reaction time than anyone else.

As for results, there is a lot of good news, but I don’t share much because I don’t seek attention, it’s not my thing. I am more interested in results, metrics, and data.

and maximize a powerful tool that can be used without intermediaries, even allowing people without high technical knowledge to use it.

[julio899]

@AstarHood, I forgot to mention the point about costs . It is a subjective matter, as currently there are some instances in AWS (Amazon Web Services) with high latency to ensure the highest possible quality. However, to scale it in capacity, the cost will depend on the size. It will be economical if a coffee maker is used to run it or any computer, but if it is on equipment exceeding 32GB of RAM, it will cost something. Although the people who use it and see the results and the level of control and customization they have will find that it means nothing compared to the benefit and peace of mind it generates. Currently, I had not considered the use of ASTAR tokens for the execution of the bots, and even if it were to be implemented, it would be highly accessible to the public because the idea is not to monopolize. The execution mechanics are unique, as the one who will be able to execute and launch their bot with the chosen nature will be the owner of the Topaz Gem type NFT. The only way to obtain it will be through NFT functions, which release a native token called TMINE, required for crafting and executing the fusion. And how is this token obtained? The NFTs generate it natively; it is a token that starts with a supply of 0 (zero) and is generated with each block processed on the blockchain.

[BoomBLB]

Thank you very much for the proposal. The project concept seems very interesting. If I may, I’d like to ask a few additional questions:

1. Regarding the long-term expansion of dedicated servers, I’m not sure how far our technology can advance. I’m wondering what opportunities or obstacles the team foresees in this area, especially in terms of costs.

2. For marketing aspects, what are the team’s numerical targets/goals?

[WakeUp]

Can i get an answer here?: [Democracy] proposal 💎TopacioTrade request Astar UCG application grant #1

[julio899]

Hello @WakeUp, happy holidays! If you are this user, I believe you should deploy the responses. If I remember correctly, it was answered on the same day. Greetings and thank you very much for your participation.

[julio899]

Greetings @BoomBLB and thank you very much for your inquiry. First of all, regarding point 1 - the technology and infrastructure of Topacio is built on cloud technology. We plan to scale the AWS servers according to demand and growth in the community. Marketing and advertising campaigns have not yet begun, but we expect to reach and be accessible to different communities, including the Japanese community, which is among the top languages worldwide.

By the way, I take this opportunity to announce that the airdrop mechanics are now available on the Astar testnet

“On the mainnet, this button will not exist, but it will be active through voting.”

2 - Regarding marketing, there is a strong focus on community participation and rewarding that participation. I’ll give you a spoiler about the Genesis Airdrop: it will be based on participation. To participate and receive the airdrop, you will need to have participated in the voting process, thereby promoting the governance system and supporting the project’s development . All wallets that participated in the voting in favor of the project will receive their airdrop

Regarding the target, it is quite broad as the trading and automation sector covers many areas, from beginners to experts. There will be a small series of unique items, estimated to be only 100 pieces Ethnic. The funds raised will be used for the maintenance and initial scaling of high-latency servers. The Genesis event will last 100 days, governed by a smart contract that will release a fragment of a gem every 24 hours. Participants will have the same probability in a decentralized manner, reducing bureaucracy.