Average rating : MEDIUM
AlphaNu creates an open marketplace and ecosystem of traders, developers, and market observers, working together to support algorithmic trading in a fair and equitable way.
|Crowd-sale:||ENDED -||ENDED||100,000 /500,000 USD raised|
Raised: 5,000,000 of 5,500,000USD ( 91%)
|Ticker:||ANU||Available for token sale:|
|Token type:||ERC20||Private-sale/pre-sale token price:||/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||Yes||Pre-sale min/max personal cap:|
|Team:||Crowd-sale token price:||0.0025 USD|
|Team residence:||Crowd-sale min/max personal cap:||100 USD / 5000 USD|
|Company residence:||Cant participate:|
We like the concept of the project and the relevance of this product in the crypto industry. There are several reasons why this project has strong potential:
▪️AlphaNu platform aims to directly enable end-user trading accounts on brokerages to use the algorithms created by the top developers in the world. By eliminating prohibitive cost barriers, everyday investors will be able to use the same tools as the top performing fund managers to execute their desired trading strategies. AplhaNu is creating infrastructure for both traders and developers - fully secured and flexible.
▪️AlphaNu will be focused on the existing $82.5 trillion USD commodities futures market in China, that has a large potential since only 5% of Chinese traders come from computer-driven (algorithmic) trading.
▪️The project is being led by people with vast experience in finance, management and technology design. The core members are from the blockchain and finance sphere.
▪️AlphaNu will have a staking mechanism in order to gain access to the data and the platform. Users are obligated to lock their tokens for 6 months.
▪️The project completed the developer portal and coding environment MVP in Q2.
There is only one concern of the project:
▪️AlphaNu will conduct an IEO on BitForex. But we believe that AlphaNu is one of the most advanced projects comparing to previous IEO's on BitForex.
IEO starts on the 10th of July at 21:00 (GMT+8)
IEO hardcap: - $500,000 (2% of total token supply)
Already raised on Private: ~$5,500,000 (27.5% of total token supply), vesting - 15% each month
Initial Circulating Supply: ~$1,600,000 (6.125% of total token supply)
Overall, the project looks solid, we are wondering about its performance after the IEOsee more
AlphaNu is a potentially large company with a very simple and clear business model. In fact, their project is nothing more than a platform like Amazon only in Algorithm Trading industry. They have an experienced team - well enough to build everything they claim. They have everything to properly grow: good tokenomics with stacking mechanism and huge and very promising Chinese market. Blockchain perfectly fits into their technological system and plays a key role. But they don't have a working product so far and development will take more than a year. Due to all of these facts, our final grade is: 4.5/5
AlphaNu is a marketplace for ready to use trading algorithms.
AlphaNu is mainly oriented on the Asia market, where computer trading is used only by 5% of traders when in the USA computer trading dominance with 85% and 15% of manual traders.
The team has a background in finance, fintech and algorithmic trading. The core team is mainly from THM Capital, an investment firm founded in 2013, that may bring the project useful network and experience.
AlphaNu will conduct an IEO on BitForex on 10th of July.see more
AlphaNu aims to address a genuine gap in the Asian financial markets. By providing solutions to both algorithm developers and market participants, they have a chance to create an open market for algorithm trading rather than allowing it to be monopolized. With this in mind, there is a lot more that needs to be done before such a functional ecosystem exists.see more