AlfaToken is a service designed to create tokens and contracts for all types of business relationships, including initial coin offerings — ICO’S -. The block chains supported by the Alfatoken service are Bitcoin, Ethereum, Bitcoin Cash, NEM, Ethereum Classic, Waves and BitShares. It is a platform that allows you to issue your own tokens and create smart contracts in different blockchains for companies without programming skills that wish to obtain investments through initial currency that ICO offerings.
WHAT IS ALFA TOKEN?
AlfaToken is a service to create tokens and smart contracts for each type of business relationship, including Initial Coin Offeringings. Our service prototype has been released on October 9, 2017, while the supporting blocks are supported Blockers are Bitcoin, Ethereum, Bitcoin Cash, NEM, Ethereum Classic, Waves, and BitShares.
Digital currency is the money balance recorded electronically on a stored value card or other device. Another form of electronic money is network money, which enables value transfer on computer networks, especially the Internet. Electronic money is also a claim on private banks or other financial institutions such as bank deposits.
Digital money can be centralized, where there is a control center on the money supply, or decentralization, where control of the money supply can come from a variety of sources. One of the industries developing projects for Token sharpen is ALFA TOKEN.
GOALS
AlfaToken’s main goal is to provide a platform without to publish tokens and create intelligent contracts for ICOs on different block networks with no choice of coding skills. To achieve this, our team will build web-based user interfaces and a series of smart audited contracts to easily create and deploy smart contracts from our user selections. The AlfaToken platform will consist of the following services:
• Services to issue tokens and create smart contracts for ICOs on various barriers based on electives without software engineering skills;
• Services to automate the distribution of tokens to investors if investments are collected in different cryptoes;
• Services help run and manage gift programs.
AlfaToken’s long-term goal is to provide an easy-to-use service to create smart contracts for any kind of business relationship.
The AlfaToken platform will consist from the following services:
Service to issue tokens and create smart contracts for a Pre ICO or ICO without software engineering skills;
Service to automate the distribution of tokens to investors when the investments are collected in different cryptocurrencies;
Service helping to run and manage bounty programs;
Service to create smart contracts for p2p real estate rentals;
Service to create smart contracts for p2p lending (including mortgages);
Service to create smart contracts for p2p insurance;
Service to create smart contracts for sharing autonomous cars
Alfatoken’s long-term goal, as they say in their White Paper, is to provide an easy-to-use service to create tokens and contracts for any type of business relationship. They build a service ecosystem that will help companies prepare for Pre ICO and ICO campaigns from the technical point of view. Customers will be able to issue their own tokens and create a smart contract for ICO in different blockchains of their choice, including Bitcoin, Ethereum, Bitcoin Cash, NEM, Ethereum Classic, Waves and BitShares. No special programming skills are required and the entire broadcast process will only take a few minutes from the platform. AlfaToken will also offer customers an automated teller distribution service to investors that are willing to raise investments in different cryptocurrencies, as well as a service that helps manage and execute other related programs.
SOLUTION
Few startups are making attempts to build a similar solution, but there is still no service on the market that is allowing to create smart contracts without coding skills. Ethereum that has developed smart contracts concept offers on its websites samples of a code for smart contracts but in order to implement it startups must have software engineers with knowledge in smart contract development.
Business Model
Our base value proposition is to create a simple turnkey solution for consumers that will allow to facilitate the creation of ICOs as well as the creation of Smart Contracts for other use cases. Our plan is to provide our customers and clients with a simple form to fill out, that will simplify the process for creating smart contracts.
REVENUE MODEL
We will implement flat rates to create a smart contract on our platform for different use cases. In the same time for several use cases a fee in percent from a deal can be implemented as well. Contracts will require ALFA, the platform’s native validation token in order to be executed. Because the price of ALFA may fluctuate, we will peg contracts to a fixed amount of USD, and adjust the amount of ALFA required to execute the smart contract based on this fixed price. Although the current beta application works through filling out web forms, we have plans to implement an API, a drag and drop interface for users, as well as creation of smart contracts through natural language processing. The public API will initially be aimed at enterprise customers. The API will allow businesses to keep their existing contracts and processes in place but transform them into smart contracts, enabling these processes to be backed by blockchain technology.
ICO DETAILS
The ICO will begin at 11:00 am GMT (UTC +0) on January 22, 2018 and end at 11:00 am GMT (UTC +0) on April 22, 20187 (the “ICO End Date”), or when all of the Sale Tokens have been sold, whichever is earlier.
The AlfaToken platform is being built to make it easy a creation of tokens and smart contracts on different blockchains with a user friendly interface in order to reach a mass market and spread distributed ledger technology worldwide.
ALFATOKEN is already testing their beta that will be available for closed public tests in the end of September. And in October 2017 there will be a platform release where anyone can issue tokens and create smart contract for Pre ICO / ICO on Ethereum blockchain. Unlike 99% of ICO campaigns, they don’t just create another cryptocurrency in an already crowded market. ALFA tokens are a tool and a method, and not the basis of future profit.
DATES
ICO is starting on January 22, 2018 11:00 am GMT (UTC +0) and ending on April 22, 2018 11:00 am CET (UTC +0) or when sold out whichever comes first.
ALLOCATION OF TOKENS
Only 9 million ALFA tokens will ever be created.
The ALFA tokens are intended to be allocated as follows:
88,33% (7,950,000) to be sold by the AlfaToken to ICO purchasers;
7,78% (700,000) to be held by the AlfaToken team;
1,94% (175,000) are reserved for advisors;
1,94% (175,000) are reserved for the bounty program.
All unsold tokens from the ICO will be burned.
PRICE ALFA
Price during the ICO will be as follows:
1 ALFA = 0,002 ETH;
1 ETH = 500 ALFA.
BONUSES
During the ICO the following discount on a wholesale basis for larger volume purchasers will be applied:
$5,000+ receives a 1.5% bonus;
$25,000+ receives a 10% bonus;
$100,000+ receives a 45% bonus.
Roadmap
Q4’2017: Service to issue tokens and create smart contracts for ICOs on Ethereum blockchain without software engineering skills.
Q4’2017: AlfaToken Pre Initial Coin Offering .
Q1’2018: Initial Coin Offering.
Q3’2018: Listng of ALFA tokens on crypto exchange.
Q3’2018: Service to automate the distribution of tokens to ICO investors when investments are collected in different cryptocurrencies.
Q4’2018: Service to help run and manage ICO bounty programs.
Q2’2019: Service to create smart contracts for p2p real estate rentals.
Q3’2019: Service to create smart contracts for p2p lending, including mortgages.
Q4’2019: Service to create smart contracts for p2p insurance.
Q1’2020: Service to create smart contracts for sharing automomous cars.
WEBSITE https://alfatoken.com
WHITEPAPER https://docs.wixstatic.com/ugd/bd9640_0f0eeaf6ddd8411ea7e487089eac4c59.pdf
ANN THREAD https://bitcointalk.org/index.php?topic=2670879.new#new
TELEGRAM https://t.me/alfatoken1
FACEBOOK https://www.facebook.com/groups/195814320961475/
Username Btalk:Celin23
Btalk:https://bitcointalk.org/index.php?action=profile;u=1382509;
Wallet ETH:0x1060C87081B6221acC9cE11c7e15DA9526456981
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.crypto-economy.net/en/alfatoken-create-and-develop-your-own-ico-with-experts-quickly/
Coins mentioned in post:
good @coin.info! Thanks for info!!