Algory ICO Report – Powerful Cryptocurrency Tool
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The boom of the cryptocurrency markets in 2017 has amplified the interest of investors and even speculators in the industry ensuring billions of dollars more are on the waiting list of being deployed for trading on the market.
The lure of making huge profits in a very short period of time is just too strong for those who want to make a killing too, and as such- much more activity on the crypto markets are expected this year.
However, the cryptocurrency market’s growth is very much hampered by its seemingly technical nature, in which a trader has to go through hours and hours of research from so many conflicting sources in order to make a single trade decision.
Despite all the effort these decisions often turn out to be the wrong ones with the trader losing out while others win big on their market moves. This is where the blockchain startup Algory comes to the rescue.
The Algory Magic
Algory is a blockchain based startup whose goal in coming to the market is to provide traders with the one-stop trading platform on which the trader can access all the information they need to make the best trade choices.
Traders won’t have to resort to several information channels or dealing with a lack of trading tools. Algory dreams to become that trading platform with which the trader will make their buy and sell decisions with the complete confidence that they are making the right choices.
As a result of having unfettered access to cutting-edge technology and the latest information, traders will benefit greatly from the Algory platform.
The Algory platform is designed to be a complete system apart from which the trader doesn’t need any other.
It has a crypto news portal where the user has access to the hottest trade affecting news right on their trade window. It also includes a blockchain analyzer that monitors both their hot and cold wallets priming them both for the quickest buys or sells depending on the crypto asset that is moving the largest volumes.
While also including a backtest feature which helps the trader gauge the success of their strategies in the past and improves on failures.
With Algory, the user will get a platform upon which they can totally rely on, by having access to the latest and most accurate information which will ensure maximum profits. Algory is a platform that is built from the ground up by traders and for traders.
As such, every need of the trader is taken into consideration to give them the best chances of attaining success. This will help show how Algory can be a difference maker within the cryptocurrency exchange market through the enhanced features of it’s platform.
In closing, the Algory platform should bring an exciting new subset of features to their exchange platform which will be built especially for traders.
The trader focused features will help attract users to their newly built exchange. A few of key features will include a news portal, wallet analyzing tools, and a back test feature which will help traders gauge their success and failures more efficiently. All and all the Algory platform plans an exciting new addition to the cryptocurrency exchange marketplace.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 75,000,000 ALG Tokens
Token type: Utility Token
Token Distribution: The Algory platform outlines a simple token distribution plan with a whopping 85.6% of the total number tokens being offered for sale in its Pre-Sale and ICO, 5.73% is reserved for the founding team of developers who brought about the idea, 5.47% will be kept for the company itself and the rest of the 3.20% will be used to incentivize social media users in its bounty camping.
ICO Sale Phase: Presale
Token Price: 1 ETH = 1200 ALG
Crowdfunding Usage: With almost everything riding on the performance of the app itself, the Algory platform will use 65% purely on product development, 15% on acquiring the necessary infrastructure to run it, 10% is slated for its various marketing campaigns, while 5% each will go to hiring legal advisors, as well as the Admin staff to oversee business operations.
Team Overview- Members and Advisers
The Algory Platform is led by CEO Tomasz Przybcien, with Co-Founder Dominik Gordel, blockchain guru Marcin Gordel, Software developer Jakub Jadlowski, and product manager Wojciech Gordel also on the team.