Review on Project ALPHAPROTOCOL(ALP)

• 1 Alpha Protocol Project Team
• 2 Overview of the main features of Alpha Protocol
• 3 Alpha Protocol Objectives
• 4 Alpha Protocol Roadmap
• 5 Period and conditions of ICO
• 6 Conclusion

Many researchers in the world are developing alpha strategies for generating additional income regardless of market movement. Alpha Protocol ICOis an agreement between the owners of alpha tokens and the community of quantum traders. It allows tokens holders to provide their members with digital assets for temporary use to generate revenue. The protocol optimizes the allocation of resources and profits.

Alpha Protocol Project Team

The project is implemented by the Singapore company Alpha Protocol Foundation LTD. The developers note that their idea is aimed at creating crypto-currency hedge funds based on protocols.

Such an approach to digital assets trading, in their words, envisages the creation in the near future of a new concept of a quantitative trading community with a decentralized structure. Such an organization will provide a close link between the developers of the quantitative strategy and the owners of digital assets.

The team of authors of the project consists of almost 15 people:

• Siming Lee (one of the first Bitcoin investors, an experienced quantum trader);
• Changhe Qiao (doctor, PhD in physics and mathematics, has many years of experience working with crypto-currencies, he previously held the position of a quantitative researcher in the international group of Susquehanna International specializing in energy products);
• Ming Yu Tang (Ph.D., a specialist in statistics, has many years of experience in quantitative trading in crypto-currencies, worked as a trader in Capital Research Capital, author of several successful trading strategies);
• Shizen Lo (Ph.D., Ph.D., previously worked for Citadel Securities, one of the world's best hedge funds, as a quantitative analyst specializing in asset allocation and risk management, as well as a quantitative strategist at Goldman Sachs);
• Hongxuan Zhang (Ph.D. in mathematics, graduated from the University of Science and Technology of China and the University of Pennsylvania, participated in the research and development of several small start-up companies, has extensive experience in software development in the field of blockade and artificial intelligence).

Official website: alphaprotocol.com

Overview of the main features of Alpha Protocol

Key features of the platform include:

• The community of elite quanta and the most effective mechanism . The team of quantum founders consists of members of the best American hedge funds, who have many years of experience in the field of crypto currency trading. The structure of the platform guarantees a fair and efficient mechanism for the distribution of profits.
• Institutional support . Support from mining pools and funds ICO provides sufficient liquidity for the initial launch of assets in the crypto currency and helps to establish interaction between the miners and traders.
• Opportunities in the modeling and development of technology . Blocking experts, mathematicians and economists of the Alpha Protocol project work together to create a better economic model that stimulates everyone to work together. The platform provides for the possibility of implementing innovative ideas in the technological sphere, consensus mechanisms and organizational structures.
• Improved liquidity . The desire to establish relationships with centralized exchanges and decentralized mining pools allows you to redirect liquidity to where it is needed to make the market more efficient.

Alpha Protocol Objectives

The Alpha Protocol is designed to help the alpha community evolve into a truly decentralized community of quantitative traders.

ALP has the following characteristics:

• Deflation. It is provided by the mechanism of redemption and destruction of tokens.
• Stability. Funds for the redemption of tokens are revenues from the implementation of the trading strategies of the project. Market volatility is necessary for alpha strategies, since the ALP token is immune to the serious fluctuations in the exchange rate, usually observed at crypto-exchange markets. The redemption of tokens ensures market liquidity.
• Growth in demand. Since Alpha Protocol is a community for asset management, their volume under its management will increase along with revenues. Since payments, including dividends, will be carried out in ALP tokens, the demand for them will grow.

Alpha Protocol Roadmap

2018:

• I quarter. Launch of a trading quantum platform on the Internet. The possibility of applying new strategies within a few minutes. The start of direct investment, the beginning of the development of the basis of the block-protocol and the project "Black hole" (Black hole) from the alpha community.
• II quarter. Opening of the site of the alpha community.

2019:

• I-IV quarter. Running Alpha Protocol blockchain testnet v1.0. Providing free access to users for the platform, ensuring decentralization.

Period and conditions of ICO

The sale of the tokens ended on February 13, 2018.

Basic details of ICO:

• the total number of ALP tokens is 2,009,198,200;
• for free sale - 1.4 billion ALP (39.81%);
• standard token - ERC20 (based on Ethereum);
• Accepted forms of payment - ETH;
• hard-cap - $ 27.2 million (32,000 ETH).

As a result of the ICO, the entire target amount was collected.

Token distribution:

• to attract private investment - 800 million (40%);
• for the strategic pool - 600 million (30%);
• to create a community for establishing partnerships - 200 million (10%);
• for investors and consultants - 200 million (10%);
• for the development team - 200 million (10%).

Conclusion

The team of the Alpha Protocol project is very trustworthy, as it includes scientists and specialists with scientific degrees and extensive experience in specialized fields.

The successful completion of the ICO testifies to the fact that the idea attracted considerable attention among both traders and investors. To date, no negative reviews or messages around the Alpha Protocol yet.

The further success of the project and the return of the investor funds invested in it depends solely on the ability of the developers to implement the plan.

Whitepaper WhitePaper

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