Coin Review - Alpha Token (A)

in #news6 years ago

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TLDR
**Allows users to invest in a managed cryptocurrency fund
**Provides access to proprietary trading and market tools
**Auction system for node sized token lots available
**Provides a peer to peer marketplace for finance and accounting professionals
**Investors have the ability to earn additional rewards after 90 consecutive staking days
**Offers an offline staking wallet where users don’t need to run their PC to stake
**Project buyback program that occurs every 90 days
**Users can sell back their tokens every 90 days without the need of an exchange

www.alphatoken.net
Ticker - A
Available at www.ethershift.co - ForkDelta - and more!

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What is Alpha?

Alpha (A) is an alternative investment platform that offers many different features to their investors. The first part of their platform which uses the underlying A token, is a proof of stake program. This is slightly different from other proof of stake coins as you don’t actually need to have your wallet running on your computer to earn rewards. Instead, investors can store their tokens safely, even in an offline wallet, and then every 90 days they will be paid their staking reward. Alpha also offers a bonus to investors who keep their investment longer than that. If your tokens don’t move, then for each additional 90 days of holding you’ll get a bonus as well. Not only is this extremely generous to long term holders, but it’s also safer to cold store assets, rather than keeping them in an always connected hot wallet.

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The second part of this project is called the Alpha Exchange. This is actually a services and solutions market where businesses and investors are connected with financial experts. Professional accountants can then be tasked with solving financial issues for individuals in need of their services. People interested in solving these problems will be able to bid on the job. An audit team verifies the bidder’s information, and then distributes the payment and submits the solution to the job provider.

Last up is the Alpha Tracker system, which is an investing project called Coinbag. This is a portfolio managed by the project leads. They utilize computer algorithms to help them decide what assets will go into the fund, but a human curator always has the final say on the purchases. Community members have the ability to vote on any new procedures that may be utilized, and part of their plan includes a buyback program to help control the volatility of the tokens.

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Alpha token holders will soon be able to have access to this and other tools provided by the team which include trading signals, coin tracking software, financial services, atomic swaps and more. These tools are intended to give traders an edge in the current cryptocurrency ecosystem, and to guide them in the right direction with their investments. The team may also implement a full service exchange, but that has not yet been decided. This would initially include Alpha and Ethereum, with a goal to add additional currencies and pairings later on. This project is pretty early right now, but has been building a good community for a while, and I think its worth keeping an eye on.

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