Ahrvo is a fintech company founded in March 2017. Ahrvo’s proprietary stock ranking system and resulting AhrvoScores™ help investors and traders of all backgrounds make timely and profitable investment decisions among more than 8000 stocks and ETFs. AhrvoScores™ looks at over 4 dozen subfactors that are highly correlated with price performance, subsequently grouping them into the four main drivers of stock performance — Quality, Value, Growth, and Momentum. For the past ten years, the system has consistently outperformed the stock market (benchmark Russell 3000 w/dividends). The model’s performance report was generated by a third-party firm, EQM Capital LLC. The platform is available on iOS and Android. AhrvoDEEX allows Ahrvo to vertically integrate its existing business. AhrvoDEEX is the first blockchain exchange (brokerage) that rewards you in cryptocurrency for trading equities. Once launched, the Ahrvo app will run on AhrvoDEEX.
About AhrvoDEEX
AhrvoDEEX is a peer-to-peer decentralized equity exchange that enables profitable trading by using multifactor ranking systems and deep learning algorithms that create smart equity scores and price targets to streamline the decision-making process.
Problem
Clearinghouses and other intermediaries are bottlenecks that limit order-matching transparency and settlement speed. Wall Street analysts lack objectivity and produce inaccurate equity ratings and price targets, leaving traders and investors without a roadmap to evaluate equities.
Public equities settlement speed has averaged two to three days since the 1970s. Central depositories and stock exchanges have consolidated power.
From 1981 to 2016, the top 10 percent of stocks that analysts were optimistic about generally performed worse than the 10 percent of stocks that analysts were pessimistic about.
Over that time period, stocks that analysts were pessimistic about gained 15% in excess return over the following year when compared to the stocks that analysts were optimistic about.
Only 5% of S&P 500 stocks were rated sell in 2018 (According to Factset).
More than 1/3 of brokerage revenues earned in 2016 came from institutions looking for access to the C-Suite (According to Greenwich Associates). Furthermore, a large portion of an analyst’s compensation is often tied to their ability to develop, nurture, and maintain these relationships.
Opportunity
AhrvoDEEX platform will trade traditional equities, not tokenized equities. Our focus is on accelerating the adoption of blockchain within equity markets by integrating into the brokerage system. As a result, AhrvoDEEX can onboard clients from traditional brokerages through the automated customer account transfer system (ACATS), providing access to trillions in brokerage assets from inception. This allows the network to scale due to the ease of adoption- users can roll over existing brokerage and retirement accounts without liquidating their portfolio.
Global equity market cap is ~60-70 trillion USD (the U.S. is ~35-40%) vs. cryptocurrency market range of ~200-250 billion USD (ease of adoption and scale)
The US brokerage industry revenue has grown 16 percent since 2013 from $264.2 to $308.6 billion. Profit growth jumped 48 percent over the same time period. (large market opportunity)
The global fintech blockchain market had a total value of 204 million US dollars in 2017. It is expected to reach ~8.3 billion USD by 2024. A compounded annual growth rate of 70%. (strong secular tailwind)
In 2017, 23% of the surveyed financial companies were planning to use blockchain technology for clearing and settlement of securities (no solution like AhrvoDEEX on the market)
Ally Invest conducted a survey that found, 75 percent of millennial women and 60 percent of millennial men find investing confusing. (Millennials are set to inherit $30 trillion in the US alone)
Solution
AhrvoDEEX is a blockchain based peer-to-peer equity exchange (broker) being developed that enables profitable trading by using multifactor ranking systems and deep learning algorithms to create smart equity scores and price targets to streamline the security selection and portfolio construction process. Outside of custodial services, our focus is to build network liquidity, white label solutions, APIs and SDKs, and it will be provided to startups and fintech companies. AhrvoDEEX transaction speed is comparable to centralized exchanges (1-3 seconds) and much faster than Ethereum DEX (~3 minutes) and Bitcoin (~10 minutes). Transactions on AhrvoDEEX settle in ~3 to 5 seconds.
Competitive Advantage
Patent Protection
Ahrvo is building the first blockchain-based decentralized equity exchanged powered by artificial intelligence. Over the past two years, Ahrvo’s management team has garnered the necessary protection for its growing suite of investing and trading solutions. Ahrvo has filed two provisional patents (March 2017/November 2018) and one utility patent (March 2018). Pending patents cover existing and upcoming products and features that are under-development or slated for release. In addition, native aspects of the network’s protocol and integration of multifactor ranking systems and neural networks into a peer-to-peer equity exchange are covered.
Traditional Broker Experience
An advantage of being a traditional broker instead of a tokenized exchange is the ability to custody and onboard traditional equities. Tokenized platforms frequently state, “we are only a software firm and do not participate in regulated activities such as custodial or clearing services, order execution, investment advice, asset management, and other such financial services.” We believe this is to their detriment. Ahrvo’s custodian platform will offer front and back office services for firms. By focusing on a larger market (equities vs. cryptocurrency), Harvard growth should exceed tokenized competitors.
Competent Blockchain Developers
Ahrvo is working with a seasoned team of blockchain developers. The development firm is CMMI Level 3 and ISO 9001: 2015 Certified. In total, we have access to a team of 35 blockchain developers but will be working with a team of 4-5 developers initially. Their experience includes: launching public and private blockchain by forking, creating native coins, changing specifications like reward logic, inflation rate, and configuring mining tools.
Infrastructure
Current market participants (mainly Ravencoin and Equibit) are forks of Bitcoin. We view this as a structural impediment given the nature of the industry (high transaction volume). The consensus protocol of their blockchains is Proof of Work (POW). In POW, miners require a lot of energy to validate transactions. The implicit and explicit cost associated with bitcoin-based platforms has become apparent when transaction volumes rise with the price of the underlying cryptocurrency. Ahrvo’s blockchain will be forked from Stellar, and use Proof of Stake (POS) – a more cost-efficient and environmentally friendly consensus protocol.
Features
Ahrvo’s Platform Current Features
$0 Commission Trading – Ahrvo offers the lowest cost equities trading platform (powered by Tradier) for frequent traders in the US (According to Barron’s Magazine’s 2017 ranking).
Personal Stock Analyst – Ahrvo curates a list of top stock ideas for users on a daily basis, providing a source of objective investment recommendations.
Buy and Sell Signals – Trading signals enable users to make timely buy and sell decisions based on a combination of momentum indicators.
5000+ Stock Scores – Discover stock market winners and avoid the losers with little effort. It’s simple, stocks with high AhrvoScores™ outperform stocks with low AhrvoScores™.
2000+ ETF Scores and Profiles – ETF scores, fund statistics, geographic, sector, and industry breakdowns give you a complete understanding of nearly every ETF on the market.
Ranked Investment Themes – Quickly identify top industries with proprietary industry/theme scores. Sort and filter stocks within an industry/theme by different factors to find stocks that meet your criteria.
Wall Street Data – Earnings calendar, consensus stock ratings, and price targets are all updated daily and allow you to keep a pulse on analyst opinions.
Social Trading Community – Ahrvo’s patent-protected software integrates both quantitative and social investing. Users can engage with other participants to discuss stocks and trading strategies.
Fantasy Investing League – Win cash prizes at the end of every month by finishing among the top finisher in the Ahrvo Fantasy Investing League (AFIL) investing competition. Participants can also create public or private investing leagues to compete against family and friends.
Real-time Prices and Alerts – Set stock triggers using our factors and traditional technical indicators. Receive real-time notifications when parameters are breached, using simple IF THIS THEN THAT logic.
AhrvoDEEX Platform Features
Real-time execution and settlement
Onchain order matching and settlement
Real-time accounting system to reconcile accounts
Automated portfolio construction and management
Neural network driven equity scores and price targets
Transparent custodial services provide back office support
Easier brokerage access to US markets for foreign investors
Cryptocurrency rewards for users that trade stocks and ETFs (create liquidity) on AhrvoDEEX
White label, APIs, and SDKs for fintech companies and start-ups in order to scale network and build network liquidity
ICO Details
General
Website: https://ahrvo.io/
MVP: http://ahrvo.io/public/frontend/documents/Ahrvo-Whitepaper.pdf
Pre-sale Time: 15 June 2019 – 30 June 2019
ICO Time: 01 July 2019 – 31 Aug 2019
Whitelist/KYC: Whitelist + KYC
Country: British Virgin Islands
Token info
Ticker: Ahrvo/ RVO
Platform: Ethereum
Token Type: ERC20
Available for sale: 200,000,000 Ahrvo/ RVO (40%)
Financial
Pre-sale Price : 1 Ahrvo/ RVO = 0.2 USD
ICO Price: 1 Ahrvo/ RVO = 0.25 USD
Accepting: ETH, LTC, BTC
Soft cap: 10,000,000 USD
Hard cap: 50,000,000 USD
AhrvoDEEX Roadmap
March 2017
Parent company formed. Provisional Patent #1 filed.
April 2017
Development of Ahrvo 1.0 begins.
January 2018
Ahrvo 1.0 launches on iOS and Android.
March 2018
Utility Patent #1 filed.
June 2018
Raised $150k in VC funding.
November 2018
Provisional Patent #2 filed.
December 2018
Ahrvo 2.0 released on iOS and Android.
January 2019
Token development starts.
February 2019
Development of Ahrvo Desktop begins.
August 2019
Register to Become Broker-Dealer.
November 2019
File Utility Patent #2.
Q2 2020
Ahrvo Desktop Version 1.0.
Q3 2020
Network Incubator Launch. iOS and Android 3.0.
Q4 2020
Network Beta Launch.
Q2 2021
Network Main Launch.
AhrvoDEEX Team
Akporefe (Appo) Agbamu: CEO & FOUNDER
Proshonjit Das: CTO and Blockchain Architect
Manav Suri: Head of Development
Alexander Leruth: CFO
Balvinder Singh: Senior Android Developer
Rohit Kumar: Senior PHP Developer
Akshay Garg: Senior iOS Developer
Sakil Mahmud: Systems Developer
Sabbib Alam: Data Analyst
Anubhav Pundir: ICO Marketing Advisor
Advisors
Darin Mangum: Securities Counsel
Michael Essien: IP Counsel
Jake Stainbrook: ICO Marketing Advisor
Rasel Mahmud: ICO Advisor & Frontend Developer
Jessielyn Abadejos: ICO Community Manager
Drew Preiner: Systems Integration Advisor
For more information please follow the links below:
Website: https://ahrvo.io/ / https://ahrvo.com/
Whitepaper: http://ahrvo.io/public/frontend/documents/Ahrvo-Whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=5125369
Facebook: https://www.facebook.com/AhrvoInvestingApp/
Twitter: https://twitter.com/AhrvoApp
Telegram: https://t.me/Ahrvo
Reddit: https://www.facebook.com/AhrvoInvestingApp/
Medium: https://medium.com/@ahrvo
Youtube:
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1673535
