Enigma Catalyst - A great upcoming project - Now limited free tokens
Enigma Catalyst
A great team and advisory board, most of them are MIT grads, are launching the Catalyst platform.
https://www.enigma.co/
"Enigma Catalyst enables anyone to build his or her own crypto-hedge fund. We provide unique data sets and a research platform for traders to build, test and master investment strategies. Our long term vision is to build a de-centralized marketplace for financial data used by traders and accessed with Enigma Catalyst tokens"
The platform will be partly based on an exsisting project of the team cofoundes called Enigam. Enigma tries to solve the securety problem of storing BIG DATA on the cloud, with a blockchain based solution.
as written on The Wirred in 2015:
https://www.wired.com/2015/06/mits-bitcoin-inspired-enigma-lets-computers-mine-encrypted-data/
The Catalyst platform solves a current problem in the trading crypto world. Trying to serve as the one stop for developing algo trading programs and allowing access to broad market and santiment data which will be automatecly updated.
The alpha version is release and ready for you to test
https://blog.enigma.co/enigma-catalyst-alpha-now-released-2831a6d88f68
In Q2-Q3, the platform will hopefully be open for investors to invest in the mini funds of the developers. Hopefully untill then, there will be a RANK BOARD of all the mini funds available (6 month to a year history).
ICO TERMS (ECAT TOKEN)
Ico will be held in mid augost with a 30 million USD cap
50% of the tokens will be issued in the public ICO
100 million ECATs will be made- FIXED AMOUNT
No early contribution bonuses annauned
token distribution and use of funds:
https://blog.enigma.co/announcing-enigma-catalysts-token-sale-9c699cd5c72a
There is strong correlation between the success of the token and the succes of the Catalyst platform.
as published in their blog
https://blog.enigma.co/explaining-ecat-catalysts-native-token-b63b9633312d
Free tokens will be distributed for people who sign up for the alpha version (limited supply)
https://blog.enigma.co/enigma-catalyst-alpha-now-released-2831a6d88f68
My thoughts
Great promising team and advisory boad, unique idea, BIG market potential, strong link between ECAT future value and the success of the Catalyst platform, road map AHEAD OF TIME with the alpha version released
One CON-a 30 million usd CAP might be a bit HIGH
a far better product and ICO than this would be bitbounce
I can agree that bitbounce credo ico is also a nice project : )
Tim Draper + great working product + normal cap ico is strong
An interview of Tim Draper with Stewart MacGregor-Dennis.