AKRO (Akropolis) Token Analysis 06/01/2022Fundamental Analysis:
Akropolis is a company that operates an Ethereum-based decentralized finance protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations, Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging.
The project uses an ERC-20 token, AKRO, for protocol governance across its suite of products.
Akropolis was first announced in March 2018, launching on the Ethereum mainnet in June 2020.
Akropolis was conceived as a distributed savings and pensions fund — a solution to what it described in its initial announcement as ""a looming pension deficit apocalypse"" resulting from the inevitable collapse of state pensions systems. But in August 2020, the company stated that it had shifted its focus to building the underlying framework for such a system by creating AkropolisOS to allow for the rapid launch of for-profit capital pools.
AkropolisOS is a Solidity-based, modular framework for the creation and management of distributed capital pools and serves as the base for the company's Sparta and Delphi platforms, with the former providing access to uncollateralized loans. Akropolis has claimed that unlike other DeFi protocols, its products reduce the risk associated with these loans by providing community incentives in the form of AKRO to those who provide accurate risk assessments.
The company provided some insight into its business model in December 2018, reporting that it would focus on building a pipeline of institutional partners and clients, developing technology and academic partnerships, and building out the Akropolis ecosystem. It also holds a significant number of AKRO to be used for internal operations such as marketing and partnership building.
The Akropolis suite of products utilizes a governance token, AKRO, to help secure its protocol. As an ERC-20 token, AKRO transactions rely on the Ethereum blockchain's proof-of-work consensus algorithm to validate any on-chain records. With a PoW consensus, miners compete among each other to add new blocks to the blockchain, and a majority of all nodes in the network must confirm a record for it to be posted.
In August 2019, the smart contracts for AKRO were audited by blockchain security firm CertiK. The company found that the smart contracts — after Akropolis implemented some suggested changes — were ""structurally sound and not vulnerable to any classically known anti-patterns or security issues.""
In August 2020, Akropolis reported that there had been several attempted, but unsuccessful, hacks of its smart contracts. As a result, it moved all unlocked ARKO still in smart contracts to custodial wallets with higher-grade, institutional security. Later that month, it announced a bug bounty program, with rewards paid in AKRO or stablecoins to those who report a previously undiscovered security flaw.
Akropoli was founded in 2017 by Ana Andrianova, with Kate Kurbanova joining later as a co-founder.
Prior to starting Akropolis and serving as its CEO, Andrianova co-founded and was managing director of Apiro Capital, a data- and technology-driven investment management firm, in addition to founding private equity advisory firm Sirin Capital. She has additional investment experience from serving as a fund manager for the Lehman Brothers and an emerging markets hedge fund analyst for Emergent Asset Management, where she was responsible for private equity fund strategy. In addition, Kurbanova has served as an advisor for The Bee Token, the Web3 Foundation, Tenzorum and OpenMaker.
Kurbanova first began with Akropolis in January 2018 as an advisor and was officially brought on as a full-time employee in June 2018, recognized for her contribution to the project by being named its co-founder. Prior to Akropolis, Kurbanova was head of analytics at crypto-asset intelligence company Cindicator, where she developed research tools and methodologies as well as co-authored the company's CND token model and white paper. She has also served as a community and product advisor for Svandis.
Akropolis has a fixed maximum supply of 4 billion AKRO tokens. The company carried out two initial private token presales between January 2018 and June 2018. The first round was for investors, advisors and strategic partners, while the second was for active community members. The two sales combined represent 22.5% of the total token supply, and the AKRO sold was locked up for two months following its public sale, vesting monthly for another 12 months.
460 million AKRO — 11.5% of the total supply — was released to form the initial circulating supply once the token was listed publicly on cryptocurrency exchange Huobi Global in July 2019, with 8% going to the exchange and 3.5% going to the company. All additional AKRO was subject to lock-up periods following its public listing on the exchange. 9.5% was reserved for team members and advisors, with a one-year lock-up and vesting monthly for 12 months — later extended to January 2021; 14% for marketing and community initiatives, with a two-month lock up and vesting 2%, 1.5%, 1%, 2.5%, 4% and 3% of the total supply each month, respectively; and an additional 42.5% for the company, with 40.5% having a one-year lock-up and vesting monthly over two years, and 0.5%, 0.5% and 1% of the total token supply being unlocked after 90, 120 and 180 days, respectively.
Updates to Akropolis' vesting schedules are made publicly available on an online spreadsheet.
The current CoinMarketCap ranking is #499, with a live market cap of $75,040,548 USD. It has a circulating supply of 3,481,910,214 AKRO coins and the max. supply is not available.
If you would like to know where to buy Akropolis, the top cryptocurrency exchanges for trading in Akropolis stock are currently Binance, FTX, CoinTiger, Huobi Global, and KuCoin.
$AKRO | Interview with Ana Andrianova Founder & CEO of Akropolis:
www.youtube.com
some more Fundamental Analysis on it DOT DeFi:
www.youtube.com
Technical Analysis:
in this chart we can see the price has already retraced to the 78.6% level of its ATH and currently consolidating and Reaccumulating at this level.
we have defined a Support level using Price Action Analysis and there are 4 Targets Defined using Fibonacci Trend Based Extension.
the 3th Target and above shall gets confirmed if the Trend touches the 2 TP which is 161.8% of the Fibonacci extension level followed by some retracement to the Parallels legs levels and rebunce back up to follow the rest Targets.
Token
$GMT/USDT 4h (#Bybit) Chuvashov’s Fork breakoutGreen Metaverse Token (a.k.a. STEPN) looks ready for short-term recovery after regaining 100EMA support on Low TF.
⚡️⚡️ #GMT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.3X)
Amount: 5.0%
Current Price:
0.2836
Entry Targets:
1) 0.2837
Take-Profit Targets:
1) 0.3347
Stop Targets:
1) 0.2496
Published By: @Zblaba
NZX:GMT #GMTUSDT #STEPN #Web3 #NFT #M2E
Risk/Reward= 1:1.5
Expected Profit= +59.3%
Possible Loss= -39.7%
stepn.com
🔥 Trust Wallet Token: Waiting For The Perfect OpportunityTWT has generally been trading sideways over the last two years, which is a lot better than most cryptos. Furthermore, this token has a well-established name in the industry and is backed by Binance, the largest exchange.
This makes me believe that the token has much more upside potential in the future.
So far, 2023 has been a letdown for TWT, since we're now ~14% below the start of the year value. However, I think that at some point TWT will change the long-term trend towards bullish.
I'm waiting for the price to reach the bottom diagonal support. It's a strong support with three previous touches, so it will most likely cause some kind of bounce, potentially even a trend reversal.
IDEA - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After an over-extended bearish movement, IDEA has been trading inside a range after rejecting the round number 0.01
We have been stuck inside the accumulation between 0.01 and 0.02
🏹 For the bulls to take over, we need a Daily Candle Close above 0.02
Meanwhile, since IDEA is inside a range and around the lower bound, we will be looking for short-term buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WBT - Bulls Took Over Long-Term ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
📉 As per my last analysis (attached on the chart), after rejecting the demand zone, the bulls took over long-term by breaking above the last major high in orange.
on H4: Right Chart
We are currently in a correction phase.
🏹 Trigger => for the bulls to take over short-term again, for the next bullish impulse to start, we need a momentum candle close above the last major high in gray.
Meanwhile, until the buy is activated, WBT can still trade lower till around 4.3 demand zone where we will be looking for buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WBT - Wait For The Bulls ⏰ Analysis #9/50Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is still sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.
📉 For the bulls to take over long-term , we need a break above the last major high in orange. (around 4.3)
on H4: Right Chart
WBT is forming a channel in red but it is not ready to go yet.
🏹Trigger => for the bulls to take over, we need a momentum candle close above the upper red trendline and last major high.
Meanwhile, until the buy is activated, WBT can still trade lower till around 3.0 demand zone again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Hashflow ( HFT )Hashflow ( HFT ) is a decentralized exchange (DeFi) that supports interconnectivity.
It can connect users with professional market makers and is designed to provide:
-zero slippage,
- no intermittent losses,
- inter-network exchange without bridges.
- low GAS commission,
- a MEV-proof trading experience.
MEV is a way for validators to make additional profits by changing the order of transactions before approving a new block in the network. See link for details.
Hashflow currently supports public networks such as Ethereum , Avalanche, Polygon, Arbitrum, Optimism and BNB.
What's unique about Hashflow?
Most DEXs rely on automated market makers (AMMs) to provide buy and sell assets, and while they are important, they are far from perfect. AMMs are inefficient from a capital perspective, are usually subject to risks such as sandwich attacks and non-permanent losses, and cannot price non-spot assets.
Using a Request for Quotes (RFQ) model that allows professional market makers to manage liquidity pools, Hashflow solves these problems.
What it means for market makers
Hashflow allows market makers to obtain liquidity and value assets using off-network pricing functions backed by cryptographic signatures.
By moving pricing offline, market makers can use more sophisticated pricing strategies that take into account offline data, such as historical asset prices, volatility , and other real-world information that allows them to effectively price assets.
What this means for traders
By moving pricing functions off-network, traders gain the following benefits:
Better pricing.
Off-network pricing results in tighter quotes, which gives traders a greater return on their money spent.
Zero slippage.
All Hashflow quotes are executed at the displayed price.
MEV resistance
Cryptographic signatures make outperformance impossible. Traders can keep what they earn.
Cross-network exchanges without bridges
Traders can seamlessly exchange assets between blockchains within minutes without the need for external bridges, while taking advantage of all the benefits described above.
How Hashflow works
The user connects their wallet to Hashflow, enters the amount they would like to exchange, and then a quote is displayed to them.
If the user agrees, the order is sent and that transaction is verified and added to the Hashflow network.
On the other hand, there are market makers who are in the business of issuing quotes that the user has already accepted.
The market maker then signs the transaction and it is executed without slippage. Unlike other DEXs, which typically have an AMM (Automated Market Maker) that handles market making and asset pricing on the blockchain using deferred liquidity provisioning, Hashflow works the same way as an order book mechanism.
Pricing is done outside the blockchain, but trading is done inside the blockchain.
Total invested: $28,200,000
Tokenomics
HFT's total offering will be 1,000,000,000,000 (one billion tokens).
Allocations:
19.32% (193,200,000,000 HFT ) to the Core Team
25% (250,000,000 HFT ) to Early Investors
2.5% (2,500,000 HFT ) for Future Hires
53.18% (531,800,000 HFT ) for Ecosystem Development as follows:
18.54% to Ecosystem Partners
13.08% to Community Rewards (NFTs + Rake the Rewards + Exchange Distribution)
9.54% for Future Community Rewards
7.50% to Designated Market Maker Loans
2.52% to Vendors and Early Service Providers
1.00% to the Community Treasury
1.00% for Hashverse Rewards
Tokenomics link
Allocation and Distribution
Investment and pricing for funds
The project raised $28.2 million in three rounds, with 25% of the tokens sold at:
1. $0.02 per HFT (160 million tokens),
2. $0.10 per HFT (27.5 million tokens),
3. $0. 40 per HFT (62.5 million tokens).
dropstab.com
Token distribution and what investors will earn
Investors
A page with a token distribution chart, see the link.
Investors have the following token distribution schedule:
25% cliff for 12 months. From the 13th month they will get 25% tokens at once
75% monthly distribution in equal shares for 36 months.
The overall schedule is scheduled for 4 years.
It turns out that investors will not receive anything for a year.
Let's look for where else investors, in a big way, can earn.
About 9.5% HFT , will be distributed:
1. trading rewards
2. Rewards for market makers.
3. Rewards for liquidity providers. Approximately 20% APY annual return (i.e. including reinvestment). These are very approximate values, see current pools and their returns.
HFT distributions to traders, LPs and market makers, will eventually be subject to DAO approval once they are launched.
How many tokens will investors receive as liquidity providers?
Let's make the assumption that locked tokens will be available for investors to add to liquidity pools.
The approximate return for liquidity providers is 20% APY, which is about 18.4% APR
$0.02 per HFT (160 million tokens),
A year will get 29.4 million tokens, a month 2.45 million tokens
$0.10 per HFT (27.5 million tokens),
In a year, they will get 5.06 million tokens, in a month 0.42 million tokens
$0. 40 per HFT (62.5 million tokens).
They will get 11.5 million tokens per year, 0.96 million tokens per month
Best regards EXCAVO
WBT - The Bulls Took Over! Video📹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for WBT .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
HAI - Let The MarkUP Begin! ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After being stuck inside an Accumulation Phase late 2022, HAI began 2023 bullish by breaking the consolidation upward.
📗 That's a perfect textbook example of a shift in momentum from bearish to bullish.
The bulls are already in control and we can see HAI making big impulse movements and relatively smaller correction movements trading inside the red rising broadening wedge pattern.
🏹 For the bulls to remain in control from a long-term perspective, we need a break above 0.05 round number.
📉 Meanwhile, if a correction starts, we will be looking for trend-following buy setups as HAI approaches the lower red trendline acting as a non-horizontal support.
So, in my opinion, the HAI price will continue to rise to a level of 6,2 cents (a target for a bull flag), make a small correction, form new higher lows and higher highs, and continue to rise to a level of 9,8 cents, and probably hit the 2022 high of 16.7 cents until the end of the year 2023.
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
OKB - Trend-Following Setup!🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
OKB has been overall bullish trading inside the rising broadening wedge pattern in red.
After rejecting the upper red trendline, OKB is now in a correction phase and approaching the lower red trendline.
Moreover, the zone 40 - 42 is a strong demand zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue demand zone and lower red trendlines. (acting as non-horizontal support)
As per my trading style:
As OKB approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BGB - 100%+ Move!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BGB was stuck inside a range 0.17 and 0.22
As per my last video analysis (attached on the chart) we were looking for short-term buy setups inside the range.
🏹 BGB got even stronger and broke above the 0.22 resistance zone in green and kept moving higher for another 100% bullish movement.
Last week, we have rejected the 0.5 round number and now retesting the blue demand zone.
As per my trading style:
as BGB approaches the demand zone 0.35, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XMR - Standing Strong!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
XMR is overall bullish medium-term and now approaching a support zone so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
XMR formed a channel in red but it is not ready to go yet.
🏹 Trigger => for the bulls to take over, we need a momentum candle close above the last major high in gray.
Meanwhile, until the buy is activated, XMR can still trade lower inside the support zone 140 - 150
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin is not offering a buy signal.Bitcoin is far from giving a medium-term buy signal.
The price is below the 210 SMA on the weekly chart, with an RSI of 50.83. On the monthly chart, the RSI is 44.
None of our trend following systems are giving us a buy order.
Of course, we do not know the future, but the most likely scenario is that we remain in a phase 1, sideways trend before entering a phase 2 trend.
Even if we hold BTC for the long term of tokenisation, we are not going to open more positions right now.
Bitcoin - More short positionsBitcoin is in a critical situation, as it has been in recent months. This cannot guarantee a bearish trend in the medium to long term, but this is the most likely scenario.
Monthly chart: On a quantitative level, we can observe that on the monthly chart, the price is entering below the 70 simple moving average (the 210 is not yet developed), with an RSI of 40.
Weekly chart: On the weekly chart, the price is below the 210, 70, and 14 SMA, with an RSI of around 33, very low.
There is probably no trend-following system that gives a buy order on tokenised assets currently, given that the blockchain market is in a bearish phase.
One of the, at least, optimistic concepts of this scenario is that the weight of the trend that started in June of this year 2022 has a lot of strength, and therefore, if the channel is broken to the upside, there may be a lot of institutional and retail volume in the asset.
For now, we have short Sell Stop positions in place, as well as active futures positions and, for now, we are not placing bullish Buy Stop positions.
Obviously, whether the asset breaks to the upside or the downside, we will be in, although the most likely scenario is a bearish trend and the risk/reward ratios should be freer on these positions.
WBT - Approaching A Strong Demand!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is approaching a strong demand zone so we will be looking for buy setups.
on H1: Right Chart
WBT is forming a channel in red but it is not ready to go yet.
Trigger => for the bulls to take over, we need a new major swing high to form and then a break above it and above the upper red trendline.
Meanwhile, until the buy is activated, WBT can still trade lower till the daily demand zone where we will be looking for new buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Long-Term and Short-Term Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
For now, for the bulls to take over, we need a break above the last major high in gray.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHZ - Potential Bullish Reversal! ↗️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
As per my last analysis, we know that CHZ is around a support zone so we will be looking for buy setups.
on H1: Right Chart
CHZ is forming a double top and descending triangle pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the buy is activated, CHZ can still trade lower or even break the support zone downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SCCP fan token sccp fan token.
buy under 2$ forecast 140$
The S.C. Corinthians Fan Token allows $SCCP fans to have a tokenized share of influence on club decisions, purchased through the consumer-facing platform, Socios.com, fans can engage in a wide variety of club decisions, for example, choosing a goal celebration song or deciding which MMA fighters should face off and in doing so, earn rewards and money can't buy experiences. Experiences like... having the opportunity to meet and greet with players of their favourite club, receiving VIP treatment at their favourite stadium & much much more. To obtain Fan Tokens, fans must purchase Chiliz (CHZ) Tokens via Socios.com which then can be used to buy $SCCP Fan Tokens.
Fan Tokens are initially sold in a Fan Token Offering or FTO. FTOs are the initial sale of Fan Tokens which allows fans to buy the Fan Token at a fixed price. work in a similar way to flash sales and are designed to be a fair way for new partnerships to launch Fan Tokens on the Socios.com platform at a discount. At pre-launch a proportion of the total Fan Token supply is made available to users before being listed on the worlds first tokenised sports and entertainment exchange, Chiliz.net. This enables dedicated fans to gain early access prior to Fan Token launches which will be made accessible to everyone.
The growing list of partnerships launching their Fan Tokens on the Socios.com platform include some of the biggest sport organisations in the world from the likes of major European soccer teams FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, Manchester City, MMA giant UFC, NASCAR Roush Fenway Racing, NHL New Jersey Devils, Formula One Aston Martin, and the Argentine Football Association
Bitcoin - Low volume foreshadows upcoming liquidity issues The price of Bitcoin stayed flat over the weekend. Additionally, nothing significant has occurred in the cryptocurrency market; therefore, we have no reason to change our bearish views on BTCUSD. This week, we will continue to pay close attention to volume levels hovering around monthly lows and reflecting a little interest in Bitcoin among new investors, making it impossible to reverse the primary trend from bearish to bullish.
Despite that, we continue to see an increase in false calls for the market bottom. That confirms no capitulation has occurred, and indeed, retail investors continue to buy dips, feeding wild rallies predestined to fall later. We expect this behavior to persist throughout the second stage of the bear market, increasing overall volatility.
Additionally, we expect the same from the FED pursuing another rate hike in November 2022. Accordingly, we think this will worsen economic conditions and lead to another selling frenzy. Thus, we remain committed to our price targets and expect them to be hit by the year's end. After that, we expect the market to start slowly progressing into the third stage of the bear market, characterized by the distress selling and abandonment of hopes and dreams among those who once fed the bubble.
Our price targets are 17 500 USD and 15 000 USD.
Illustration 1.01
Illustration 1.01 displays the daily chart of BTCUSD. The red arrow shows declining volume, hinting at liquidity issues in the system. To confirm our bearish thesis, we would like to see a pick-up in volume accompanying a decline in the price.
Technical analysis - daily time frame
RSI, MACD, and Stochastic are all bearish. DM+ and DM- are neutral. Overall, the daily time frame is slightly bearish; however, the trend is still weak.
Illustration 1.02
Illustration 1.02 shows the daily chart of BTCUSD. The yellow arrow points to the exhaustion we presented a few days ago. Interestingly, the price halted its rise slightly above the 50-day SMA.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.