Let’s get ready for another IDO launch on Ignition! Meet Alphr.Finance an automated crypto hedge fund and decentralized social trading platform.
- Whitelist Start: April 08, 2021 1PM UTC
- Whitelist Close: April 14, 2021 4AM UTC
- Alphr.Finance on Ignition: April 26, 2021
Whitelist for the Alphr IDO is closed.
What is Alphr.Finance?
Alphr is democratizing crypto trading by creating a highly efficient mirror trading system that will enable anyone to copy trades of the most successful traders in the industry. Through Alphr, users can access a comprehensive selection of top crypto traders and automatically buy and sell when their trader of choice does so. When users choose a wallet that they wish to mirror, they can deposit funds into a smart contract pool that will ensure their capital is routed to mirror the trades of their chosen individual. Alphr users can search for any trader’s wallet and create new mirror pools for additional traders they wish to copy.
Alphr is a new use case for smart contract pools and routing.
Mirror trading systems in traditional and cryptocurrency markets are not a new concept and there are several companies out there offering this service. However, Alphr’s structural model that utilizes smart contract pools to route funds in one transaction rather than one smart contract per transaction sets it apart from many of the existing systems out there. This saves considerable gas fees for users as the amount of gas to process transactions is shared by a whole group rather than one individual.
The practical benefits of Alphr.
For many, the crypto space may seem like a daunting and confusing space. This is because the perceived risk of losing funds makes people stay away due to a fear of entering. Automated mirror trading models such as Alphr can lower entry barriers for many people who are curious about trading crypto but just don’t know where to start. By utilizing Alphr’s automated mirror functionality, they can copy trades of some of the most successful traders and access these markets with low fees and ease.
Tokenomics
The $ALPHR token will be the governance token of the Alphr protocol and will store the value of fees generated by the protocol. 100% of the fees generated will be used to buy and burn $Alphr periodically, and the value generated by the protocol will be transferred back to the token holders. By holding $ALPHR, users will be granted governance privileges such as voting rights on the Alphr community fund to determine how it is utilized in the future.
About Alphr.Finance
Alphr was created by Swami AlphrAnanda to make crypto trading more accessible to the masses. Alphr enables anyone to trade with the alpha of the most successful investors in crypto. Using the Alphr protocol, users can mirror their trades in the crypto market, allowing them to buy when they buy and sell when they sell.
About Ignition
IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol that allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.
Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform; it FUELs projects and takes fundraising to the next level.
Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.
About PAID
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.
For any questions for the PAID network, please feel free to reach out to us on:
- Website: PAIDNetwork.com
- Telegram: @PaidNetwork
- Twitter: @PAID_Network
- Medium: @PAIDNetwork
