1️⃣Key Functionalities

The Copybot platform is a Telegram bot that essentially has two main functionalities: being a Trader and being a Copytrader. With its unique first-of-a-kind platform, Copybot offers advantages to both Traders and Copytraders. Namely, Traders get the opportunity to earn Ethereum by amassing a Copytrader following. At the same time and in its essence, Copybot makes copytrading, which can be rewarding if one copies the right traders, accessible for everyone. Our Leaderboard functionality additionally makes it easy to identify and follow the top traders. Both roles in our platform are detailed below. The next chapter of this whitepaper explains how to use the bot in detail. 1. Traders Do you think you are the best trader on the Ethereum Mainnet? Integrate your wallet onto the Copybot Telegram Bot and amass a copytrader following! Without connecting your wallet, anyone can add their wallet to the leaderboard, which pulls both your copytrader following and your profits/losses. After you have integrated your wallet onto the platform, investors can automatically follow your trades by 'copytrading' you. All Traders have the right to a portion of the $COPYBOT 'revenue sharing' tax. This tax is distributed to Traders proportionally, ranked by the amount of copytraders that follow your trades. The higher you are on the Copybot leaderboards, the more you earn. Being a Trader on our platform is therefore both a good way to gain a following, as well as to earn an additional revenue stream from your trading activity. Copybot's unique 'Leaderboard' and it being tied to a revenue sharing model, creates a unique incentive for elite traders to enter the platform and spread the word. Namely, the more Copytraders being onboarded on the platform, the more Ethereum there is to be earned. This incentive will be accelerated in the future through personal 'referral' links, with which Traders can easily onboard Copytraders. This upcoming functionality is detailed in the 'Future Developments' section of this whitepaper. There are no fees related to onboarding your wallet to the Copybot platform, neither are there any fees for trades performed while connected to the platform. 2. Copytraders Copytrading is the act of automatically mimicking the trades of another investor to benefit from his experience and profits without having to do own research or buying yourself. While copytrading traders that have proven to be profitable in the long run can be very rewarding and profitable, it is not easy to do so due to a lack of tools for the average investor, even though the transparency of the Blockchain makes it easy for one to identify profitable traders. Moreover, it is hard to identify these top traders. Copybot makes this easy by implementing our unique Leaderboard model. Copybot aims to make copytrading accessible to the public through a unique Telegram bot. Simply create and fund a new wallet using the Copybot Telegram bot and select a Trader to follow. Select the amount of ETH you want to use to copy the trades of the Trader you follow and you will automically mimick the buys of that trader, as long as there is enough ETH in your wallet to fund the gas fees and trade. Being a Copytrader on our platform is a unique possibility to automatically earn money by imitating the trades of the best traders on the Ethereum Mainnet. Just as is the case for Traders, there are no trading fees for copytraders on our platform. 3. Platform Fees As mentioned before, there are no trading fees incurred for neither Coptraders or Traders on our platform. However, to generate revenue for holders, using our platform as a Copytrader will incur a small fee in the future. For Copytraders, the Copbot Telegram bot is free-to-use in the first two weeks after the launch of the platform and the token. After four weeks, users must hold a minimum amount of $COPYBOT tokens to use the platform, ensuring an incentive to hold the token. There is no fee related to being a Trader on our platform. If a Trader also wants to be a Copytrader, one has to pay the same fee as everyone else.

A second option for users to use the platform after the initial two free weeks is to pay a 0.1ETH monthly fee, if one does not wish to hold any $COPYBOT tokens. All revenue collected from this is distributed to $COPYBOT holders. A detailed guide on how to use the Copybot Telegram bot is explained in the next chapter of this whitepaper.