Elpis (ELP)ICO Elpis (ELP) is an AI-based investment system that provides the investors with strategies tailored to their needs and goals with total transparency. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Elpis
Elpis is an AI-based trading solution designed to facilitate effective management of traditional assets and cryptocurrencies. The Elpis team claim they will build a hybrid Swiss regulated FINMA investment fund. Elpis is intended for two categories of investors: retail or nonprofessional investors and institutional investors. Both categories will be able to subscribe to Elpis algorithmic signals, institutional investors will also have shares in the fund.
The team is issuing ELP tokens that will grant a 50% discount for signals subscription. ELP tokens will also be used to access Elpis services.
DetailsPre-sales: Jul 01, 2018 - Aug 06, 2018Public sales: Aug 07, 2018 - Sep 15, 2018 Token supply: 225,000,000 ELP Total tokens for sale: 195,000,000 ELP Soft cap: 1,000,000 USD Hard cap: 20,000,000 USD Raised: 1,300,000 USD LegalCountry limitations: USA, ChinaRegistration country: United Kingdom Registration year: 2017 Office address: 25 Hill Street, London, United Kingdom, W1J 5LW | Token infoTicker: ELPType: Security Token standard: ERC-20 Dividends: 80% will be dedicated as Asset Under Management (AUM) to be invested in the stock market. It will constitute the assets managed in the fund that will produce profits and dividends through investment activities. Token price in USD: 1 ELP = 0.11 USD Accepted currencies: ETH Token distribution: 58% Token Sale 10% Team 12% Advisors and Bounty 20% Private Allocation Funds allocation: 80% Asset Under Management (AUM) 10% Advisors and Partners 4% HR 1.5% Marketing 3.5% Operations |
Elpis Roadmap
During the private allocation, it is possible to access the whitelisting, and institutional investors will have the opportunity to purchase tokens with significant discounts. Elpis will develop the final investment models, purchase the appropriate licenses and hardware and attend Fintech events and meetups.
During the main crowdsale Elpis will continually improve our model and research new ones. It will further develop the visual aspects of the platform, recruit additional AI specialists, develop client and advisor relationships and attend events and conferences.
Post-ICO Elpis will list the token on exchanges and begin trading activity. It will:
- Open the regulated fund
- Trade assets raised on both traditional and crypto markets using our AI systems
- Develop platform for users
- Target $35m in Assets Under Management
The fund expects to be profitable by operational stage by trading the cryptocurrency raised using the ICO. Elpis will continue to improve its AI systems, launch the platform, research new models around Swarm Intelligence and recruit additional talent.