What is AlphaNu?

AlphaNu is a marketplace that facilitates the subscriptions of powerful trading algorithms created by top Wall Street developers. It allows Wall Street algo developers to directly sell algorithm access to retail traders who can execute the algorithm to carry out their trades.

[ANU Usage Scenario]

1. Initially, ANU can be obtained by participating in private placement, Initial Exchange Offering, or purchasing from the secondary market.

2. Upon the AlphaNu Marketplace release, the team will facilitate secondary market purchases of ANU for staking purposes directly using fiat (thus not requiring marketplace participants to have a crypto wallet)

3. (Staking) Each algorithm listing on the AlphaNu marketplace by requires a one-time ANU Deposit. The ANU Deposit is locked for a minimum of 6 months, and only 50% is released upon completion of the staking period - the remaining tokens are transferred to a fund that can only be used as incentive for locked operations, effectively taking them out of the circulating supply.

4. (Staking) Algorithm Developers have to put up a new stake portion every month for continued use of the data on AlphaNu. This stake is locked for a minimum of 6 months, and only 50% is released if the developer chooses to close the listing - the remaining tokens are transferred to a fund that can only be used as incentive for locked operations, effectively taking them out of the circulating supply.

5. The token is used to transact Revenue Contracts, up to 50% of the value of future revenue can be offered up by developers to raise immediate funds in ANU.

[Economic model]

1. Staking: Algorithm developers will have to continually stake tokens that exit the circulating supply in order to gain access to the key resources and VIP functions on the AlphaNu platform. Only 50% of these tokens are returned to them at the end of the staking period.

2. One-way Monetary Policy: Remaining 50% of staked tokens are transferred to a fund that can only be used for locked operations - they will effectively never enter circulating supply again. During times such as when there is opportunity to incentivize a large group of staking users to come on board the marketplace, AlphaNu will choose to release tokens from this fund to subsidize their entry (bearing in mind they will still need to purchase tokens of their own)

3. The intention of AlphaNu is to price-in the activity generated by the AlphaNu Ecosystem that is worth more than the sum of its parts during the early stages of the platform.

Do visit our following websites for more details.
Website: https://alphanu.io/
Whitepaper: https://alphanu.io/Alphanu%20EN%20Whitepaper%20Final.pdf
Telegram Community Group: https://t.me/alphanuofficial
Telegram Announcement: https://t.me/alphanu_ann
Medium: https://medium.com/alphanu

Official_BlockFolks

Posts

Merits