- The innovative Algotech platform successfully raised $1.1 million in just two days during its private pre-sale of ALGT tokens.
- After this remarkable feat, the team decided to launch a public pre-sale of the tokens, extending the opportunity to a larger audience.
Algotech, a decentralized platform for algorithmic trading, has made headlines by securing $1.1 million through its pre-sale. Company representatives spoke exclusively to Incrypted to share the exciting news.
During the private pre-sale, Algotech managed to sell 55 million ALGT tokens, before opening up a public pre-sale. The starting price for these tokens was set at $0.04. In this second phase, Algotech aims to sell 43.75 million ALGT tokens, which are available for purchase on the Ethereum network.
The Algotech platform serves as a game-changer for traders, offering them the opportunity to execute investment strategies using advanced algorithms. By relying on data-driven analysis, complex algorithms, and automation, Algotech aims to minimize the risks associated with human error. The team explains:
“We distinguish ourselves in the world of algorithmic trading by using data-driven analysis, intricate algorithms, and automation. Embracing algorithmic trading, powered by machine learning and artificial intelligence, enables Algotech to seize opportunities in rapidly growing markets, including the cryptocurrency realm.”
The team places significant emphasis on risk management and has worked tirelessly to develop a robust technical infrastructure.
The Algotech platform offers a range of algorithmic trading strategies specially tailored to different market conditions. Users are also given the flexibility to customize these strategies to suit their preferences. Furthermore, Algotech’s technical infrastructure is equipped to handle large trading volumes, according to the project representatives.
“At Algotech, our priority is safeguarding users’ capital through meticulous risk assessment, optimal position sizing, and portfolio diversification. Algorithmic strategies empower us with data-driven decision-making, rapid execution, and scalability,” the team shared.
The token associated with Algotech, ALGT, operates on the Ethereum blockchain as an ERC-20 token. Early investors can expect several benefits, such as voting rights, partial ownership of the software, and a share of profits in the form of dividends, as highlighted by the project team.
For more information about the Algotech platform, visit their official website or connect with them on social media through the provided links.