What is alphacrypt ?
Alphacrypt is a new cryptocurrency which aims to become the best alternative to current popular coins such as Bitcoin or Ethereum. It is digital public money created by complex mathematical computations and validated by millions of computer users. Alphacrypt-Coins are digital coins which you can store on your computer drive, smartphone or hardware wallet. Once you own Alphacrypt-Coins, they behave like FIAT. They possess value and can be traded like stocks in popular exchanges. In the future you‘ll be
able to use them to purchase goods and services. We are also in the funnel to provide debit cards.
About AlphaCryp :
The Alphacrypt-Coin has been created by an expert team of bankers and
traders from major financial institutions. We ́ve realized that the financial
transactions in the world are going to be revolutionized by cryptocurrencies
and blockchain technology.
Based on this analysis we‘ve built a tech and financial team to create a
blockchain platform to make worldwide financial transactions faster, cheaper
and more reliable.
Our team consists exclusively of professionals who have come together due
to many years of business relations. Now together they use their knowledge
in the revolutionization of the project Alphacrypt.
The goal is to create financial independence with little effort in a short time
and to bypass the common risky methods.
With the team‘s know-how, we have succeeded in creating a platform for
investors who can think outside the box and sustainably influence the future
of the crypto-currency market.
Reason why :
The traditional banking industry established more than 600 years ago and is
not able to solve the outstanding credit gap!
Both are responsible- banks and small businesses.
The banks are responsible for cherry picking and mostly working with less
risky and larger businesses due to low risk tolerance of traditional finance
industry.
As there are so many legacy solutions in the banking industry, mostly inflexible
and standardized terms are used. It is very costly for banks to serve each
individual customer. Thus banks are trying to maximize their income from
each individual business case by working on larger business cases.
Also the abundance of local banks where a fellow banker would be familiar
with a local business is a thing of the past.
Only in the US individual banks have been reduced by two-thirds in the last 30
years. Such decline of individual banks can be explained by centralization that
brings more internal regulations and centralized processes.
This fact makes it harder for banks to serve small, local companies.
Good financial management is rarely a core strength of a small business.
Actually accessing external finance is often named as the poorest area of
expertise. The industry that has taken the challenge to solve the problem. It is
often referred to as ‘alternative finance’.
As the name itself suggests, alternative finance is when someone borrows
money or sells equity, choosing an option to go a non-traditional, non-
institutional route. Alternative finance is an umbrella term for various financing
options such as peer to-peer lending, crowdfunding, balance-sheet lending,
invoice trading, supply chain finance, reverse factoring, merchant loans, VAT
financing,etc. No single institution, company, or regulator covers all business
spheres in alternative finance.
how it works
Globalization of available capital
Partly the geographical mismatch is being solved by many alternative finance
companies especially marketplaces and P2P platforms.
However, many of them operate in a single or limited market. Because of
our professional experience we have understood that different steps in the
financing process are often very specific.
Therefore it is urgently necessary to make decentralization possible in terms
of of blockchain technology. Our solution minimizes the existing credit gap.
This process requires three main features:
• Trust
• a complete end to end financing process
• a structure that promotes exponential growth.
Global problems require global solutions that we can generate by using
blockchain technology. Blockchain by design allows to ensure ultimate
transparency and trust, allows to automate processes by using smart contracts
and its decentralized nature allows for exponential growth of the number of
members within any blockchain based solution.
Lending money is all about trust and its mechanical gears such as collateral,
quantified reputation, and fear of punishment. Born in already well-established
societies, we take the existing business trust culture for granted; we rarely
doubt its basics and address the quantitative measurements of business
friction costs.
Infrastructure
Alphacrypt is a comprehensive middleware with it ́s core running on Ethereum
blockchain and a number of gateways ready to incorporate counterparties
who run other standards of distributed applications. Since Alphacrypt does
not incorporate its own consensus mechanism, it ́s attack to sensitive data
resistance and fault tolerance are equal to those of Ethereum’s. For the same
reason, the system has no internal common mode failure problem.
Token economy
To understand if a Alphacrypt token is sufficiently likely to gain value over
time after the Crowdsale, it is important to apprehend the token economy
within the Alphacrypt ecosystem.
Alphacrypt token (ALC)
The goal is to create a fast growing, trusted, self-governed and global business
financing ecosystem. A Network, that is built around its members and employs
single ecosystem’s cryptocurrency.
Alphacrypt token to pay for all the services rendered. Only those having
Alphacrypt token will be able to purchase various services via the Network.
Based on experience most investors, especially the largest ones or institutional
ones, are keen to stay in the ecosystem for a long term. Service providers
seeing profitable business opportunity will also stay in the ecosystem for a
long term. Borrowers are twofold: SMEs will stay for a short to medium term
as they are expected to grow stronger and become ‘bankable’ and move to
cheaper financing options; while organizational borrowers (operators) should
be keen to stay for a long term. Thus we believe that as Alphacrypt grows,
more and more members will join using Alphacrypt token simultaneously,
hence we should see the demand in a point of time increase – increasing the
value of the token. Moreover, the members of the ecosystem and Alphacrypt
broader community noticing the increase in the value of the token.
There are many places for different actors to make money on the ecosystem,
communities’ leaders can earn from growing and looking after the community,
investors can earn interest on loans provided, SMEs can gain access to loans
needed for growth.
Alphacrypt will ensure trust arbitrage smart contract and will be able to
participate in the whole ecosystem.
Presale and token information
Pre-Sale Price Amount
May 3, 2018 $0.30 2.125.000 token
1st round May 5, 2018 $0.60 2.125.000 token
2nd round May 6, 2018 $0.70 2.125.000 token
3rd round May 7, 2018 $0.80 2.125.000 token
4th round May 8, 2018 $0.90 2.125.000 token
5th round May 9, 2018 $1.00 2.125.000 token
Token Distribution
Core Team: 12%
Reserve: 3%
Crowdsale: 85%
Terms and Conditions
The following Terms & Conditions govern the sale of Alphacrypt cryptographic
tokens. This document describes the initial sale in which the Alphacrypt token
is sold. It is not a solicitation for investment and does not pertain in any way
to an offering of securities in any jurisdiction.
Individuals, businesses, and other organizations should carefully weigh the
risks, costs, and benefits of acquiring Alphacrypt early in the initial sale versus
waiting to purchase Alphacrypt on open, third-party exchanges
IMPORTANT
Ownership of Alphacrypt carries no rights express or implied. Purchases
of Alphacrypt are non-refundable. Purchasers should have no expectation
of influence over governance of Alphacrypt. By participating in the sale of
Alphacrypt, you expressly acknowledge and represent that you have carefully
reviewed the terms and fully understand the risks, costs, and benefits of
purchasing Alphacrypt and agree to be bound by these terms. As set forth
below, you further represent and warrant that, to the extent permitted by law,
you are authorized to purchase Alphacrypt in your relevant jurisdiction, are of
a legal age to be bound by these terms, and will not hold liable for any losses
or any special, incidental, or consequential damages arising out of, or in any
way connected to the sale of Alphacrypt, now or in the future, Alphacrypt.
WARNING: Do not purchase Alphacrypt if you are not an expert
in dealing with cryptographic and blockchain-based technology.
Purchases of Alphacrypt should be undertaken only by individuals, entities,
or companies that have significant experience with, and understanding of,
the usage and intricacies of cryptographic tokens and blockchain- based
software systems.
WARNING: Cryptographic tokens may experience extreme price
volatility.
Alphacrypt tokens do not represent any formal or legally binding investment.
Cryptographic tokens that possess value in public markets, such as ETH, have
demonstrated extreme fluctuations in price over short periods of time on a
regular basis. A purchaser of Alphacrypt should be prepared to expect similar
fluctuations, both down and up, in the price of Alphacrypt denominated in
ETH. Such fluctuations are due to market forces and represent changes in the
balance of supply and demand. Alphacrypt cannot and does not guarantee
market liquidity for Alphacrypt and therefore there may be periods of time in
which Alphacrypt is difficult to buy. Additionally, due to different regulatory
dictates in different jurisdictions and the inability of citizens of certain countries
to open accounts at exchanges located anywhere in the world, the liquidity of
Alphacrypt may be markedly different in different countries and this would
likely be reflected in significant price discrepancies. By purchasing Alphacrypt,
you expressly acknowledge and represent that you fully understand that
Alphacrypt may experience volatility in pricing and will not seek to hold any
of the Alphacrypt Parties liable for any losses or any special, incidental, or
consequential damages arising from, or in any way connected to, the sale of Alphacryp.
Risks
WARNING: Purchasing Alphacrypt entails a number of risks.
The purchase of Alphacrypt carries with it a number of risks. Prior to purchasing
Alphacrypt, you should carefully consider the risks listed below and, to the extent
necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the following risks are unacceptable to you, you should not purchase Alphacrypt. By purchasing Alphacrypt, and to the extent permitted by law,
you are agreeing not to hold any of the Alphacrypt Parties liable for any
losses or any special, incidental, or consequential damages arising from, or in
any way connected, to the sale of Alphacrypt, including losses associated with
the risks set forth below
TERMS AND CONDITIONS
A. Overview of Initial Sale of Alphacrypt
The Alphacrypt will produce a quantity of 15.000.000 token in a pre-sale event
called the initial sale, to be conducted on its web site.
Purchasers in the initial sale will acquire Alphacrypt in exchange for ETH
and BTC at the USD value of each investment at the time of investment.
Purchasers of Alphacrypt in the initial sale will be granted user accounts on
the aforementioned website that will enable them to claim their purchase at
the end of the initial sale. All Alphacrypt pre-sold in this manner will be created
on the Ethereum networks after the end of the initial sale, although there are
no guarantees that this will occur within a given timeframe.
B. Creation of Alphacrypt
Alphacrypt will be a crypto token to be issued on the Ethereum platform.
18.000.000 million Alphacrypt tokens will be created on the Ethereum
blockchain. Using a new technology comprised of a web interface, locked
wallets and smart contracts on the Ethereum side, Alphacrypt will be
dynamically interchangeable from one blockchain to another as the end user
wishes. A total of 15.000.000 million tokens will be available, at any given time.
The remaining tokens will be destroyed and no further Alphacrypt will ever be
created.
C. Time schedule
The initial sale will start from May 3 2018. The sale will run for 7 days.
Alphacrypt reserves the right to change the date when the initial sale will
begin and further reserves the right to extend or shorten the sale duration
for any reason, including the unavailability of the website or other unforeseen
security or procedural issues.
D. Alphacrypt Pricing
Based on the performance of other recent blockchain project launches
Alphacrypt management has determined that this initial sale shall be partitioned
and sold at decreasing discount rates as the sale proceeds. Full details about
these price points will be provided in a timely manner to purchasers in the
initial sale and will be available on the website at the time of purchase.
E. Disclosure of Purchases
To enable Alphacrypt purchasers to have as much information as possible to
guide their decision-making process, Alphacrypt will disclose in real time the
total funds collected in the Alphacrypt initial sale to enable the purchaser to
develop an understanding of the size of the existing Alphacrypt funding pool
at the time of their Alphacrypt purchase.
F. Purchase of Alphacrypt
Alphacrypt will maintain a store interface, which can be used to purchase
Alphacrypt. The store interface will be available on the website. Instructions
for purchasing Alphacrypt with ETH using the store interface will be embedded
and available for review on the Alphacrypt website during the duration of the
initial sale. Failure to follow these instructions may limit, delay, or prevent a
purchaser from obtaining Alphacrypt.
G. Acceptance of Terms and Conditions of the Alphacrypt
As a first step in the purchase process, Alphacrypt will present the purchaser
with these terms, and associated documents. By placing an order for
Alphacrypt, the Purchaser: consents and agrees to the terms represents and
warrants that the purchaser is legally permitted to purchase Alphacrypt in
the purchaser’s jurisdiction represents and warrants that the purchaser is of a
sufficient age to legally purchase Alphacrypt or has received permission from
a legal guardian who has reviewed and agreed to these terms represents and
warrants that the purchaser will take sole responsibility for any restrictions and
risks associated with the purchase of Alphacrypt as set forth below represents
and warrants that the purchaser understands the usage and intricacies of
cryptographic tokens, like ETH, and blockchain-based software systems
H. Independent Confirmation of Purchases
During the purchase process on the website, Alphacrypt will provide purchasers
with a unique intermediary cryptocurrency address.
Using this address, purchasers can track and confirm that the purchaser’s
cryptocurrency has been received at that address and has been subsequently
and automatically sent to the escrow address. Knowledge of the unique
intermediary address does not constitute a purchase receipt or indicate in any
way that any party possessing such knowledge has rights to or ownership of
the purchased Alphacrypt.
I. Receipt of Alphacrypt and the Purchase Email
As part of the purchase process, and in order to purchase Alphacrypt, a
purchaser will need to provide an email address. The purchase email will be
used to email the purchaser a notice of the creation of the purchaser’s account
on its website. By purchasing Alphacrypt, and to the extent permitted by
applicable law, the purchaser agrees not to hold any of the Alphacrypt parties
liable for any losses or any special, incidental, or consequential damages
arising out of, or in any way connected to, purchaser’s failure to secure their
account.
J. Alphacrypt will only be available for sale on the website
Alphacrypt will only sell Alphacrypt through the website. To the extent that any
thirdparty website or service offers Alphacrypt for sale during the initial sale
or facilitates the sale or transfer of Alphacrypt in any way during the initial
sale, such third-party websites or services are not sanctioned by Alphacrypt
or its affiliates and have no relationship in any way with the Alphacrypt. As a
result, Alphacrypt prohibits the use of these third-party websites or services
for the purchase of Alphacrypt prior to the end of the initial sale.
K. All purchases of Alphacrypt are non-refundable
All purchases of Alphacrypt are final. Purchases of Alphacrypt are non-
refundable. By purchasing Alphacrypt, the purchaser acknowledges that
Alphacrypt is not required to provide a refund for any reason, and that the
purchaser will not receive money or other compensation for any Alphacrypt
that is not used or remains unused.
L. Taxation of Alphacrypt and taxation related to the initial
sale
Alphacrypt makes no representations concerning the tax implications of the
sale of Alphacrypt or the possession or use of Alphacrypt. The purchaser bears
the sole responsibility to determine if the purchase of Alphacrypt with ETH or
the potential appreciation or depreciation in the value of Alphacrypt over time
has tax implications for the purchaser in the purchaser’s home jurisdiction.
They have also started a bounty campaign
https://bitcointalk.org/index.php?topic=3341307.0
Useful links :
twitter.com/Alphacrypt_Coin
t.me/teamalphacrypt
reddit.com/Team_Alphacrypt
bit.ly/2q9x6Rh
instagram.com/alphacrypt_coin
Bitcointalk Ann Thread