LONDON (PRWEB) November 09, 2017
Sharpe Capital has launched its SHP token sale until February 15th, with a hard cap of $20MM USD. The token sale follows a successful preliminary period, which was marked by a heavily oversubscribed $8 million whitelist on http://sharpe.capital.
“We are one of the few blockchain-driven organisations backed by a working product that will be available to use even before the crowd sale ends. SHP owners earn monthly ETH payments in exchange for insight on blockchain assets and the stock market,” said Dr. James Andrew Butler, co-founder and Chief Investment Officer of Sharpe Capital.
Sharpe Capital has developed its Global Sentiment Index and is paying certified contributors to its platform for their opinion in Ether cryptocurrency. Token buyers get to vote on blockchain assets and fiat stocks and bonds when they go to http://sharpe.capital the day the crowd sale ends. Depending upon how often they vote, how accurate their predictions are, and what proof-of-stake they demonstrate (relative proportion of SHP held), SHP token holders get paid monthly for their effort.
Throughout the SHP token sale, which started November 8, 2017 worldwide, SHP token buyers will be able to receive discounts on their purchase from 10-30%. 150 million SHP tokens are to be distributed during the ICO. The Sharpe Platform beta will be available for SHP token holders to use from mid-December 2017, with the first ETH payments to users made in January - before the token sale has concluded!
The company is already offering a sneak preview. In addition, Sharpe Capital is showcasing its prototype mobile application for the Sharpe Platform, which will be launched early 2018. Payments in ETH will be issued monthly, beginning in January to test and refine the mechanics.
Sharpe Capital’s partners include TaaS (Token-as-a-Service) – a tokenized closed-end fund dedicated to blockchain assets, and AmaZix – a leading ICO consultancy service. After extensive user testing and consumer feedback, Sharpe Capital will launch its sentiment platform on the Ethereum main net, issuing Ether payments at the end of Q3. In about a year, Sharpe Capital will host a 48 hour Hackathon, where attendees will build, test and deploy investment models and automated trading strategies on the Alpha modeling platform.
By 2019 Sharpe Capital plans to issue a derivative token instrument incorporating data from the platform with cutting edge machine learning driven trading algorithms.
About Sharpe Capital
London-based Sharpe Capital was founded by technology leader Lewis Barber and a mathematical modeling expert Dr. James A. Butler, a research scientist from the University of Oxford. Sharpe Capital’s advisory board features a cohort of seasoned specialists in blockchain, mathematics, computer science, quantitative modeling and law. Sharpe Capital is using neural networks at the core of its machine learning modeling algorithms to look for patterns in financial data that are predictive of future asset price. By crowdsourcing market sentiment from users with proven a reputation and stake, Sharpe Capital is able to bridge the gap between automated mathematical analysis and the uniquely human perceptions of the market, well known to drive irrational asset price movement. This powerful combination of technologies poises Sharpe Capital to disrupt the capital markets sector with a product unlike any seen before. For more information or to buy SHP, please visit http://sharpe.capital.