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- Alphacat (ACAT)
- Low cap: $25M
- 2.5B/6.2B circ. supply
- No ICO, $20M raised in private rounds
- Platform: NEO (Nep5 token)
- MAINNET: Q1 2019
- SUMMARY:
- -Complete trading platform and prediction/trading AI economy
- -Marketplace designed with specialized roles/incentives for bot creators/consumers
- -Defined roles: algorithm architects, AI bot engineers, and consumers (retail/institutional)
- -Initial market will be seeded with proprietary prediction bots, specialized for various coins (BTC/NEO in user beta now)
- -Core ACAT engine will be exposed as API to engineers
- -Algo architects/engineers will be rewarded w/ tokens according to demand for their bots
- TEAM:
- -All-star team w/ strong finance/AI backgrounds (30 in size)
- -Founder Dr. Bin Li was VP of Merrill Lynch, Dr. Liang Li was principle engineer at Huawei, Dr Yue Wang worked on Google DeepMind, and few others w/ WS quant. trading backgrounds.
- -Much of the team have been working together since company was founded. They launched A-Share hedge fund in China in 2016 using ACAT tech, which has been generating 23% annual returns (supposedly outperforming almost all other funds)
- PARTNERS/INVESTORS:
- -Onchain/NEO Global Capital, Badwater Capital, Node Capital, Bo Shen from Fenbushi, Draper Dragon Fund, and hedge fund managers
- CODE
- -Unreleased
- DEVELOPMENT
- -BTC prediction bot in beta testing (free for token holders), currently operating at 63% accuracy. NEO beta will begin in June (free for holders of > 1m tokens)
- -New roadmap was recently released with marketplace/terminal mainnet looking like Q1 2019, along with a whole set of flagship products for popular cryptocurrencies
- ANALYSIS
- -Project is currently under the radar due to private-only funding and initial lack of emphasis on marketing
- -They have since prioritized their marketing efforts, and price now trading 72% above all-time low
- -Given team background, no doubt they have the ability to execute their vision
- -Potential network effects of a specialized trading/prediction economy w/ proprietary tech are HUGE
- -Opening up the walled garden of institutional trading tech to ordinary investors in an open, decentralized economy has not been done before
- -Finally, user adoption: the Achilles heel of most crypto projects but ACAT’s greatest strength, for the simple reason that their target investor market is almost IDENTICAL to profile of traders/investors currently speculating on the token.
- -Closest competitor: Cindicator (lol)
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