AlfaToken search trends in Google
TABLE OF CONTENTS
This document describes the AlfaToken platform – a service to issue tokens and create
smart contract on different blockchain networks without coding skills for the new way of
interactions between individuals, organizations, and things. There are 14 different use
cases for our platform including ICOs, real estate rentals, p2p lending, p2p insurance,
smart things sharing, hiring, e
commerce, auctions, trade finance, supply chain
management, delivery by drones, smart homes, manufacturing automation, and business
AlfaToken was founded in 2017 by CEO Denis Farnosov. Today, it is composed of a team of
thirteen people from very diverse backgrounds that will ensure a strong success in its
endeavor and development.
Our value proposition is to make Smart Contracts as well as ICO Crowfunding accessible
to Entrepreneurs who are not familiar with coding, or that cannot afford a Software
Engineer in the early stage of their development.
A smart contract is a computer protocol intended to facilitate, verify, or enforce the
negotiation or performance of a contract. Smart contracts allow to perform credible
transactions without third parties. These transactions are trackable and irreversible.
Smart contracts were first proposed by Nick Szabo in 1994.
Proponents of smart contracts claim that many kinds of contractual clauses may be made
partially or fully self
enforcing, or both. The aim with smart contracts is to
provide security that is superior to traditional contract law and to reduce other
transaction costs associated with contracting.
The phrase 'smart contracts' was coined by Nick Szabo in 1996, and reworked over
several years. Szabo's first publication, 'Smart Contracts: Building Blocks for Digital Free
Markets' was published in Extropy №16,
and then later reworked as 'Formalizing and
contract is not necessarily related to the classical concept of a contract, but can be any
kind of computer program. With this computer program AlfaToken intends to automate
fourteen kinds of relations between individuals, organizations, and things.
Crypto asset investment is a rapidly growing market. In 2017 the overall market
capitalization of crypto assets grew by over 800% to $130B
The number of new ICOs rose to about 70 per month and continues to grow. ICO
investment into early
stage blockchain projects has now totaled more than venture
capital, the primary funding source for the industry in every year before that
The following diagram represents the number of Initial Coin Offerings with our forecast
till the end of this year:
*forecast based on data of coinmarketcap.com
Volume of other key target markets for the AlfaToken platform is as follows:
Real estate rentals – $2 800 000 000
P2P lending market (including mortgages) – $180 000 000 000
Insurance – $4 500 000 000 000
Few startups are making attempts to build a similar solution, but there is still no service
on the market that is allowing to create smart contracts without coding skills. Ethereum
that has developed smart contracts concept
offers on its websites samples of a code
for smart contracts but in order to implement it startups must have software engineers
with knowledge in smart contract development:
In the following section we will describe the AlfaToken platform features.
The main value proposition of AlfaToken is to provide a simple and straightforward
platform for issuing tokens and creating smart contracts for different use cases without
coding skills. To accomplish this, our team will build a web
based user interface and a set
of audited smart contracts to securely create and deploy the smart contracts of our users’
choosing. The AlfaToken platform will consist from the following services:
Service to issue tokens and create smart contracts for a Pre ICO or ICO without
software engineering skills;
Service to automate the distribution of tokens to investors when the investments are
collected in different cryptocurrencies;
Service helping to run and manage bounty programs;
Service to create smart contracts for p2p real estate rentals;
Service to create smart contracts for p2p lending (including mortgages);
ISSUE A TOKEN
To issue tokens on Ethereum blockchain users are just need to fill in a form on our
website with the following information:
Total Tokens Number;
The source code to create a new token is provided in Appendix A.
CREATE A CROWDSALE SMART CONTRACT
In Ethereum blockchain there is a possibility to create a smart contract that is
responsible for tokens distribution among investors. On AlfaToken platform users are
filling in the following information:
Number of Tokens for realization during campaign;
Price for 1 token;
Minimum possible purchase;
When tokens should be allocated to investors;
Minimum amount for considering the campaign as successful, if any;
Service to issue tokens and create smart contracts for ICOs on Ethereum blockchain without software engineering skills.
AlfaToken Pre Initial Coin Offering.
Initial Coin Offering.
Listing of ALFA tokens on crypto exchanges.
Service to automate the distribution of tokens to ICO investors when investments are collected in different cryptocurrencies.
Service to help run and manage ICO bounty programs.
Service to create smart contracts for p2p real estate rentals.
Service to create smart contracts for p2p lending, including mortgages.
Service to create smart contracts for p2p insurance.
Service to create smart contracts for sharing automomous cars.