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| Solar King | 26 | Python and Quant | Jesus Christ is my savior

Oct 14, 2021, 22 tweets

Building the future of finance:

Presenting: Alliance Block

$ALBT #NoMercy

//THREAD 🚨πŸ”₯πŸ‚

Coin Market Cap Metrics

CMC rank: #305 βœ…
Market Cap: $171m βœ…
Circulating supply: 232m βœ…
Total supply: 1B βœ…
24h vol: 4.1m βœ…
ERC-20 βœ…

Exchanges: KuCoin, Bitrue, PancakeSwap, Bitfinex, Hoo

Before we dive in, I want to tell a little story.

There is a Greek tale that tells the story of a titan god of fire:

Prometheus.

A brutal war waged between the titans & olympians:

Prometheus played an essential role in the victory, leading to the sovereign takeover of Zeus.

Things started to turn sour between ruler Zeus & Prometheus.

As Zeus was a ruthless and tyrannical ruler over mankind, with hatred in his heart for the human.

Prometheus, having seen enough, thought that the humans should be treated more fairly with a far better outcome.

The rift between the two started at Mecone:

Prometheus had slain a large Ox!

Zeus then gave Prometheus the task to divide the meat of the great Ox into two meals:

One for the gods

One for the humans

Prometheus now held the ability to make a choice

How to divide the meat.

Prometheus, holding the power in his hands, decided to trick Zeus.

The first portion was shiny fat wrapped around the bones of the ox , artfully dressed & cured

The second portion contained the finest meat and wrapped in the grotesque stomach

Which portion did Zeus choose?

Zeus chose the former!

Angered by Prometheus, Zeus decided to keep the gift of fire from the humans

what did Prometheus do?

He decided to give the gift of fire to the humans

There is more to the story, but this is what leads me to my next point:

The Prometheus Protocol $ALBT

Alliance Block is building the worlds first decentralized capital market

Bridging TradFi & DeFi in a regulated and globally compliant manner

What sits at the center of it all?

The Alliance Block Prometheus Protocol $ALBT

Returning the β€œgift of fire” to the masses. πŸ™‚

The Alliance Block Prometheus Protocol consists of 3 layers:

- decentralized finance layer
- Data layer
- regulatory & compliance layer

These three layers work seamlessly to provide an enterprise-grade experience for all users on $ALBT

Each layer hosts its own suite of products that can be used individually β€˜or’ collectively for the needs of each client.

There are 9 β€˜core’ products built by $ALBT to bridge each piece of the puzzle for all uses cases necessary

Here is the ecosystem structured below.

DEFI LAYER

- AllianceBridge: cross chain interoperability

- Liquidity Mining as a Service (LMaas): to provide ample liquidity

- Alliance Block DEX

- Fundrs: P2P funding for institutions and investors

- ALBT Terminal: Data Analytics & information for strategy/research

DATA LAYER

-Data Tunnel: TradFi & DeFi can monetize & leverage their data in a secure manner all in one place

- DataQuasar: an enterprise grade Data API that aggregates TradFi & DeFi data aggregators into one functioning API

Regulatory & Compliance Layer

- Trustless Identity Verification (TIDV):

zero knowledge proof and KYC/AML enabled

- Cross Border Regulatory Compliance Rules Engine:

jurisdictions can seamlessly interact in compliance without regulatory concerns.

USE CASES

-Cross Border Simplification
-Regulated Securities Offerings
-Compliant DeFi Offerings
-Fund Distribution
-Regulated Digitized Derivatives (tokenization)
- Compliant P2P funding/lending
-Velocity of banking

& more.

*4 of the 6 are available to clients currently*

TOKEN UTILITY

$ALBT is the fundamental driver of the network activity: serving as a medium of exchange, a means of reward, and fee payment.

25-50 % of Fees are burned quarterly

And a quarterly burn of tokens based on revenue

Driving token utility and causing scarcity.

Another note: we will *never* see the full 1 billion tokens in circulation.

Why?

Due to token burns, a sound vesting schedule, and node lockup, the tokens in circulation will continue to decrease even as demand for their use rises.

Creating a massive supply shock

$ALBT

FOUNDERS

The three possess multiple decades of experience in: Banking, software development, analytics, trading, quantitative and data science

@AjajaRachid formerly worked for @Barclays

@amber_ghaddar a former trader at @jpmorgan & global investment research at @GoldmanSachs

PARTNERS

Possessing almost 50 partners across multiple industries, $ALBT may have some of the strongest partnerships I’ve ever seen, let alone for a sub 1B company.

Crypto Partners to look into:

$QNT $HBAR $ORN $LINK $EWT $EGLD $UDO $HOLO $PRQ $MATIC $API3

And more.

FUTURE ROADMAP

Q4 points of interest:

-DEX V1.0
-TVID & Fundrs Launch
-DataQuasar & Data Tunnel Launch
-First TradFi Clients πŸ‘€

2022 points of interest:

- DEX 2.0
-Data Nodes
-institutional DeFi offering
-ALBT protocol 1.0 launch

Ambitious though executable by $ALBT

Other nuggets to look into:

(looking at you London Stock Exchange and Crypto Valley)

@albtmaxi has a great thread on crypto valley.

Also:

-leveraging NFT’s for loans (Edgeware)
-SSLP for $ZCX (Unizen) πŸ‘€
- custody for institutions with $UDO

The list is endless.

FINAL THOUGHTS

Though I didn’t cover everything I wanted to, I feel this is a pretty good look into what $ALBT is envisioning.

The #AllianceBlock team has been one of the most transparent & hardworking in ALL of crypto

And I fully expect them to execute their vision

With Alliance Block , *everyone* will be given the same opportunity to benefit from this β€˜titan’ of an ecosystem.

Truly leveling the playing field

And creating open, trust-less finance never seen before in human history.

$ALBT - the gift to mankind.

#NoMercy

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