GTP Team & The History Behind the Project Creation
Dear GTP community,
Today we would like to reveal the story of the company’s launch and tell how Jet-Bot, the copy trading platform built by blockchain enthusiasts, turned into the Global Trading Protocol DeFi copy trading ecosystem officially admitted by the top leaders of the crypto world. The company was created by IT professionals, engineers, market analysts united in a common purpose: to launch a technology DeFi platform that will ignite the positive change the market needs.
At the edge of the project’s next milestone, it is essential to highlight the team’s vision, goals and to shed light on the long journey we conducted to finally bring the product that can help crypto traders and investors worldwide.
Who we are: about founders and the team
Global Traders Protocol was founded by Peter Ionov (CEO) and Vlad Balaban (CBDO) in 2019. Founders have cooperated for more than eight years now. Back then, they started a software development company. Both of them are highly involved in IT and crypto development.
Peter has twelve years of experience in entrepreneurship and four years of experience in сryptocurrency&blockchain. He is familiar with overcoming difficulties as he successfully ran four businesses. Among which is the blockchain development company Robosoft that he co-founded in 2017.
Vlad has been involved in IT, marketing and business development for eight years now. Last four years, he has been focusing on cryptocurrency&blockchain projects. He has a profound backgorund as he managed large-scale marketing campaigns with $3,000,000+ marketing budget and 307% ROI.
Founders and the team are now focused on blockchain and cryptocurrency development and have already launched plenty of breakthroughs and high-quality projects. In this collaboration, they developed a wide range of digital products like crypto wallets, custodial solutions, NFT platforms, and lending platforms.
The most important fact about the company is that its team members have worked together for a long time and have elaborated a strong vision of the project development.
A brief history of the company launch: research on traders and investors
While the crypto sphere was rapidly growing and changing, we, the team members, became more and more involved in these processes until we decided to create our own blockchain product to solve essential problems in the crypto area. We conducted deep research to find out and to define the right niche.
What does the market really need? The survey, which took us six months, allowed us to determine the needs of two main groups of crypto market participants: traders and investors. Both of them want to increase their capital, and we were looking for a product that can fully satisfy the request of both target groups.
The analysis revealed the particular needs of our clients, which helped us to create an in-depth image.
What do investors really need?
- To receive a regular income from their cryptocurrency investments
- To do it in a transparent and secured way
- Accessibility in 2 clicks via smartphone
- To buy tokens which are constantly growing
- To share their success with their friends
What do traders really need?
- To automate their trading
- To get an extra profit besides trading without additional risks
- To get access to a new audience
- To monetize their existing audience efficiently without manual management via google spreadsheets, reminders, etc.
- To get an image and a reputation of a TOP-trader.
The research allowed us to eliminate that cryptocurrency trading attracts a massive amount of investors in search of profitable trading strategies. Moreover, they don’t want to spend 24 hours a day looking at nine screens trading setups. Instead, they want these processes to be automated and controlled over their smartphone. They demand just one button: Make money.
Next steps: MVP launch and market test
This close look at the market encouraged us to start developing our first product — Jet-Bot. We began to create software for algorithmic trading which brings automation to this process. After nine months of development, we launched MVP and made a market test. Unexpectedly this brought us the first 300 users.
We provided all users with a trial and were pleasantly surprised that many users bought a subscription and even extended it for a second month. It indicated that the audience was interested in the project and that we had to continue the project development. We decided to focus on product improving, the usability of the UI/UX and adding more tools to expand functionality.
Copy trading and extreme user growth
We found out that not only traders but also investors subscribed to our platform. Among them are mostly those who don’t want to waste time controlling 24/7 a transaction board on nine screens. Instead, they want to find a convenient and simple way to earn crypto.
We were looking for a solution and came up with an idea. We can let such investors copy others — the most successful users of the platform. That is why we have added the copy trading function. The community received this innovation quite warmly.
We were focused on building a really solid and efficient platform for users that is why we invested $976K and countless hours of work and attention in platform development. This allowed us to achieve excellent technical features and high speed of API connection.
Actually, the users liked the product so much that the project’s audience grew x83 in a year, from 300 users to 25,000. And this result was achieved mostly because of word-of-mouth viral spreading. Users earned income passively and they were satisfied with it so much, so they spread the word.
How we became an authorized Binance broker
The project became so successful that we became the officially authorized broker of the Binance exchange. This fact elevated the level of user trust, and also, our clients got many advantages and privileges, like a feature to create new Binance accounts right from the interface of our platform in only one click without any account registrations, KYC checks and other complicated operations. As Binance’s partners we also benefit from Binance’s liquidity, market depth, asset management, and security infrastructure, and personalized marketing support.
«Binance is interested in cooperation with Jet-Bot and Binance brokers, because Jet-Bot increase adoption of Binance exchange, attract new audience, guide and onboard new users on every step and help them to trade less risky and more profitable on Binance».
New milestone: heading to a decentralized future. Copy trading and DeFi
While blockchain&crypto were evolving into Decentralized Finance, we admitted a significant number of benefits of this trend. DeFi comprises financial products and services built on blockchain infrastructure, typically governed by decentralized communities. DeFi services currently include 2L applications, DAO, NFT, lending, borrowing, decentralized trading and yield-aggregating.
DeFi market now is one of the most rapidly growing spheres. The total value locked (TVL) in DeFi has reached an all-time high estimated at $263.80 billion.
DeFi allows creating a safe and trustless environment for any digital asset activity and avoiding centralized third-party involvement in private asset management. DeFi returns control over money to people.
That is why we decided to build Global Traders Protocol. GTP is a protocol for decentralized copy trading on DEX platforms. Traders and investors can increase income using the profit-sharing model. The platform has an on-chain P&L rating of traders and options of copy trading via smart contracts. This model includes all the properties of DeFi products such as transparency, safety, privacy and decentralized governance protocol.
Also, we understand the urgent need to build a proper space for users in a decentralized world. That’s why we are working now on building the whole ecosystem. A key element of our ecosystem will be a GTP token which will be burnt during every interaction with the smart contract. And all the ecosystem parts will be managed by its members through DAO governance.
Now we continue to work on the platform and protocol aiming to add new features and possibilities. We want to create a really comfortable and simple platform where all the users can benefit with conveniences. We are excited about our plans ahead and hope that you will continue to be a part of this journey. Thank you for staying with us!
To stay tuned to our news, please, follow our official social media.
The new protocol and ecosystem site is available at — gt-protocol.io
The CEX copy trading platform is accessible via the link — account.jet-bot.com
