Building the future of finance:
Presenting: Alliance Block
$ALBT #NoMercy
//THREAD π¨π₯π
Coin Market Cap Metrics
CMC rank: #305 β
Market Cap: $171m β
Circulating supply: 232m β
Total supply: 1B β
24h vol: 4.1m β
ERC-20 β
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 βgift of fireβ to the masses. π
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 βorβ collectively for the needs of each client.
There are 9 βcoreβ 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 Iβve 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 π
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 NFTβs for loans (Edgeware)
-SSLP for $ZCX (Unizen) π
- custody for institutions with $UDO
The list is endless.
FINAL THOUGHTS
Though I didnβt 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 βtitanβ 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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