Elpis [ICO]

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What is Elpis?
Elpis, will be the first crypto-asset trading company totally driven by Artificial Intelligence and based on blockchain, to bridge the gap between old and new finance by trading both crypto and traditional assets, offering our technology to both institutional and retail clients.

Elpis mission is to be a leader in the Trading and Blockchain space by operating with the objective of being more efficient than the average trading competition, working only on performance, and by building an organization and a structure totally open and transparent for our customers that, thanks to the blockchain, will be able to constantly verify and audit our operations. The final objective is to give access to our trading and fund management technologies now in hands of few, to the masses.

One platform to follow the trading
Using Artificial Intelligence to create a balanced portfolio based on the risk approach of institutional clients.

Elpis is building and improving an infrastructure based on Machine Learning (Deep Learning Neural Networks) and Genetic algorithms, with a layer of algorithms based on Swarm Intelligence that intervenes to integrate neural networks and genetic algorithms in the asset allocation strategy and the continuous rebalancing of portfolios.

After the closing of the ICO, Elpis will build a unique hybrid investment fund that uses proprietary AI-based systems to effectively anticipate market moves when executing investment strategies both in assets and in cryptocurrencies. Retail or non-institutional/non-professional investors with holdings ranging from $5.000 to $100.000, will have the opportunity to trade like professional investors, by subscribing to Elpis’s algorithmic signals. Institutional or professional investors, with holdings starting at $100.000, will have access to Elpis’s algorithmic signals as well as have shares of the fund.

Project Team:
The project idea came from Anatoly Castella and Andrea De Francisci, two young and talented financial experts with a strong vision: bringing trading and investing out of their traditional, restricted circles, using the power of ideas and technology to shape a different financial landscape, more open, fair and efficient. Their co-founder Luigi Piva, Founder, CEO and Investment Manager of Quantlab Limited is a successful long-term trader and international nance expert and pioneer in the field of algorithmic trading.

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Token Details:
Elpis is Utility Token ELP token holders will be part of the first radically transparent hybrid fund using Artificial Intelligence to anticipate market moves and protect investments from human bias and errors. Elpis will use 20% of trading profits to periodicallbuybackck and burn ELP tokens to increase the value for token holders. Every token holder will have one-year free access to its trading signals platform and can use tokens to pay for Elpis services.

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Token ELP
PreICO Price 1 ELP = 0.06 USD
Price 1 ELP = 0.11 USD
Platform Ethereum
Accepting ETH
Soft cap 1,000,000 USD
Hard cap 10,000,000 USD
Raised $1,300,000
Country Switzerland
Whitelist/KYC KYC & Whitelist
Restricted areas USA, China

Verdict:
Elpis’s AI goal is to provide trading signals (specific buying and selling market orders) to every participant in both the fund and its ICO, and give the ability to perform as an expert investment manager, using a technology platform built to simulate a professionally managed fund, but in an easily comprehensible application that requires minimal to no intervention. Elpis system is already showing a 33% gain in the 3 months period, April to July (with verifiable trading signals @https://t.me/elpistrading), and lowered the draw-down risk by 3.5 times when compared to the risk of traditional investments in the S&P500. Elpis works only with avg. market performance fees and keeps verifiable transaction records on the blockchain. Elpis success formula: Real-Time Data Analysis + Ai recognition of past patterns - Human Emotions = Performance Optimisation.