|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||September 1, 2019|
|End||December 31, 2019|
ICO description, Technical Details and Documents
Even now, nearly 11 years after its creation, the blockchain technology is still best-known for being used as an underlying technology for cryptocurrency transactions. However, as you likely know, its potential and use cases go far beyond just that.
Blockchain is a revolutionary technology that has the potential to change nearly every industry out there, and bring massive improvements. Its special 'talents' lie in the speed of information processing, as well as in its ability to store massive amounts of data while keeping it safe and secure.
Obviously, these features are highly important for companies of all industries, including trade, finances, healthcare, supply chains, and many, many more. This is why it is believed that blockchain can have a major role to play in changing the way investments and trade in traditional markets work.
If cryptocurrency trading can benefit from the blockchain, then things such as stock or ETF trading should be able to benefit just as well. At least, this is what a project called AhrvoDEEX believes, which is why they dedicate their efforts towards bringing a blockchain-based solution to investors and traders interested in these kinds of assets.
AhrvoDEEX is a fintech firm which was founded over two years ago, in March 2017. The company has used its stock ranking systems to allow traders and investors of all backgrounds to make better and more profitable investment decisions. The company offers access to over 8,000 stocks and ETFs, all of which are ranked over four dozen factors and grouped into four different groups.
This system has already outperformed the traditional stock market, but now, the company wishes to make it even better and more reliable. Overtime, the company became aware of a number of problems, such as low public equities settlement speeds, the low performance of stocks that were expected to do much better, and alike.
Now, however, AhrvoDEEX sees new potential in blockchain technology, on top of which it develops a platform that will still trade traditional equities, rather than tokenized ones. Basically, the firm wishes to push the adoption of emerging technology within the equity market by using it in the brokerage system. This way, clients would get easy access to trillions that are contained in the brokerage assets.
It will still need its own token, however, which is why it is holding its ICO right now.
The ICO is distributing a token called Ahrvo (RVO), which is a utility token based on Ethereum's network. The company is clearly serious about the project, and it has made its MVP, bounty, and bonus available to investors.
The project also accepts three different cryptocurrencies, including Ethereum Bitcoin, and Litecoin. They have set up a minimum investment at $50, while the soft cap sits at $10 million. Hard cap, on the other hand, is set at $50 million.
The project was registered in the British Virgin Islands, and it has quite a list of restricted areas. Those include the entire Balkans area, Belarus, Burma, China, Cuba, DR Congo, Iran, Iraq, Ivory Coast, Libya, Liberia, North Korea, Syria, Sudan, Yemen, Zimbabwe, as well as the US. Furthermore, the project points out that all non-accredited investors will also be prevented from participating.
Those who wish to participate have to go through KYC and Whitelist procedures in order to be able to join.
* Crypto Rating accepts no liability for any errors in the AhrvoDEEX ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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