What is AlphaScan?
AlphaScan is a modular and decentralized alpha discovery platform, combined with Telegram-based trading bots. The aim of this platform is to make it easy for its users to find profitable trading opportunities and signals. Today, many people spend time on Twitter following multiple accounts or conducting manual searches of individual transactions, crypto wallets, and protocol data to find out what's going on and which assets will be popular in the future. With AlphaScan, all this information is collected in aggregate, so users only need to determine the desired signals and set the rules for trading using those signals.
The AlphaScan platform also offers powerful predictive artificial intelligence (AI) algorithms as an additional layer of analysis. The data presented by AlphaScan aims to provide information to Telegram-based applications and trading bots, so that users can identify trading opportunities right when assets start to increase in value. Through this application, AlphaScan provides a unified interface that allows users to directly trade crypto tokens, similar to the features available on the Dexscreener or Dextools platforms.
Additionally, AlphaScan also released a native trading bot for Telegram that allows users to connect trading signals with automated trading strategies. This allows users to stay connected and benefit from trading opportunities without having to constantly monitor the platform directly.
How AlphaScan Works
AlphaScan is a tool that analyzes social sentiment and on-chain data, then allows you to automate trades based on the signals you see.
To make it easier to understand social sentiment, AlphaScan not only provides sentiment scores, but also displays who mentioned what at any given time and the correlation between talk and price (important note - correlation does not mean causation). With AlphaScan, you can see which tokens are mentioned by which Twitter accounts. This allows you to instantly see which tokens are gaining attention on social media or which accounts are best at identifying tokens early.
In the future, AlphaScan will also introduce features for blockchain data. The focus of AlphaScan will be on specific parameters such as profitability or aggregate behavior to provide a bigger picture and avoid losing information on individual transactions in a single wallet. That way, identifying smart wallets, smart trading and other important activities becomes as easy as possible. Once influential “Chads” are discovered in the market, these wallets and activity will be aggregated and monitored. Based on this aggregate behavior, you can set individual alerts and automate your trading using these signals.
All this data will then be fed into artificial intelligence (AI) to provide additional confirmation to each decision.
The goal of all this data is to identify the right trades faster than others and trade immediately when the signal appears. AlphaScan achieves this through a Telegram bot that will take your trading signals and rules as input, then execute trades when those signals appear.
Trading Bot AlphaScan
Effective alpha signals are meaningless if a person cannot immediately act on them. Recognizing this risk, AlphaScan released two different solutions to quickly execute trades within the app.
Firstly, the first solution is similar to what you would normally find on a Dexscreener or Dextools platform - namely a trading interface that is seamlessly integrated within the application.
Second, AlphaScan introduced an exclusive Telegram-based trading bot, which allows users to utilize their trading signals without delay. For example, this bot allows users to automatically purchase tokens when a specific influencer or group of influencers discuss those tokens on Twitter or in their Telegram group. Once the Telegram bot is live, AlphaScan will also introduce a similar feature on Discord.
Behind the scenes, these bots will perform comprehensive checks both on-chain and off-chain, for example, including protection against scam practices (rugs), monitoring for unfavorable behavior on the blockchain network, and more.
AlphaScan Features
Twitter Accounts
This page allows users to understand how prices move after being mentioned by account owner X (remember, correlation does not always mean causation). Currently, this includes mentions with $cashtag. AlphaScan ignores mentions with negative sentiment towards cashtags.
Specifically, 'token performance' calculates the price of a token 1, 7, or 30 days after being mentioned. This is NOT the performance in the last 30 days from now to the past for all tokens mentioned, but the performance of the next 30 days after the token was mentioned.
At the top, you can filter out accounts that only mention certain tokens.
By default, everything is sorted by 7 days, but you can also sort by other time periods.
You can also expand each account to see a breakdown by token and when the mention was captured.
You can also filter for specific tokens. This will display only accounts that mentioned the token in the last 60 days. The designation for the selected token will be highlighted.
Historical Data
This page provides data about alpha accounts. Specifically, this page provides the performance of calls made by these accounts in the last 1, 7, and 30 days over the last 14 days.
Performance is measured by looking at the last 60 days of a given date and calculating how the price of the token changed over the time period specified in the filter after each mention of the token by that account.
View By Token
This data shows mentions by alpha accounts based on tokens. For each token, you can see the number of mentions in the last 1, 7, and 30 days along with how the price of the token has changed over various time periods (0.5, 1, 7, and 30 days) up to today.
You can also filter specific alpha accounts and see the tokens mentioned by those accounts, as well as mentions of filtered accounts.
Tokenomics
About $ASCN
$ASCN will be AlphaScan's governance and utility token on Arbitrum.
Total supply: 100,000,000 $ASCN
Token price at launch: $0.15
Marketcap at launch: $2.8 million
FDV (Fully Diluted Valuation): $15 juta
Chain: Decision
Strategi Tokenomics
AlphaScan's tokenomics strategy aims to prioritize the community and ensure the majority of tokens are allocated to the community. Therefore, private sale allocations are kept small. In the current design, more than 70% of the total tokens will be distributed to the community.
Tokens from the public sale will be unlocked during TGE, participating wallets will receive additional benefits described in the article regarding "staking pools" specifically for public sale participants. Private sale participants, advisors and teams will have a linear vesting period of nine months. Of the total tokens allocated, AlphaScan also provides allocations for future teams/advisors, so that the vesting schedule will be effectively extended. Tokens from cash (treasury) require approval from the DAO (Decentralized Autonomous Organization) after the DAO operates. The community incentive is strategically designed to divest over approximately two traditional BTC bull market cycles, a total of ten years, to maximize its effectiveness over the long term.
Buybacks, Liquidity, Income Distribution
Most of the platform's revenue will be used to improve tokenomics. This includes token buybacks, increasing liquidity on DEX, and other revenue actions (subject to review). The specific allocation between these elements and other potential uses of revenue will be subject to approval by the DAO once the DAO is operational.
Token Distribution
Community allocation: 74%
Public sale: 16%
Liquidity & community incentives: 30%
DAO Treasury: 25%
Initial pool liquidity: 3% (part of the funds raised will be added to the LP)
Other allocation: 26%
Private sale: 6%
Tim: 15%
Advisor: 5%
Vesting Schedule
Staking di AlphaScan
Following the token launch, AlphaScan will introduce a staking mechanism for $ASCN, allowing users to fully utilize the protocol. By staking tokens, users will get several benefits on this platform.
Benefits of Staking $ASCN
Token holders will get several benefits when staking their tokens, including:
Tiered fee discounts: Token holders who stake will receive exclusive trading fee discounts based on the number of tokens they hold. Fee structure details will be announced in the near future.
Staking Rewards: By locking up their tokens, token holders can earn rewards from staking.
Revenue Distribution: As part of AlphaScan's commitment to community-driven success, token holders will benefit through partial revenue reinvestment into tokenomics.
Staking $ASCN in General
AlphaScan's staking approach aligns with the interests of all protocol participants with a focus on long-term sustainability.
$ASCN holders can stake their tokens in staking pools with a limited duration (for example, 3 or 6 months). Each pool will issue a predetermined number of tokens on a regular basis. Details about pool emissions will be provided before the DAO is set up. Once the DAO is activated, there will be a vote on the emissions.
Once a pool is active, users can stake their tokens and start accumulating benefits. The longer users stake their tokens, the greater their share of the reward pool, as their benefits increase over time. Likewise, the more tokens a user stakes, the more benefits they gain.
Towards the end of a staking pool, a new pool will be launched to allow users to move staked tokens. There will be a short delay (~1 day) between the two pools to give users time to move their tokens. The exact duration of a pool will be announced closer to launch.
Below is an example of a 6 month staking pool. In this example, the multiplier is initially 3 (9/3) and decreases linearly to 1 (3/3).
For simplicity purposes, there are 3 stakers participating during the active period of the pool. Initially, two stakers stake the same amount, thus getting a share of the same pool. After three months, the first staker left the pool, but a new staker entered, also with the same amount. However, as half of the pool duration has passed, the new staker multiplier is now 2 (6/3). The first staker still has a multiplier of 3 because they never left the pool. This means that over the next three months, staker 1 will get 3/5 of all rewards, while staker 3 will get 2/5 of all rewards.
The logic behind this staking mechanism is to provide incentives to early stakers and backers.
To avoid long periods where new members always lose opportunities, AlphaScan will run pools for a limited duration and provide a short break between the end of the old pool and the new pool. This lag ensures stakers have time to move tokens from one pool to the next. Here's an example for more details.
Staking $ASCN Directly from Public Sale in Genesis Pool
All users participating in the public sale are entitled to stake their tokens in the Genesis Pool which is exclusively available to public sale participants. This pool is an additional benefit for public sale contributors. This pool will be active for three months and offers an APR (Annual Percentage Rate) of 100%.
All public sale tokens will be staked in this pool from day one. Users have the flexibility to unstake their tokens at any time without incurring a penalty (but the benefits of staking will of course be lost). The effective APR for public sale participants will only increase in this genesis pool because it is only open to public sale participants. Users can claim their staking rewards at any time without losing their staking position.
Once this pool ends, AlphaScan will introduce a new pool where users can move their tokens and start staking from scratch, as previously explained. Details about the new pool will be announced in the coming weeks.
How to stake $ASCN
You will be able to stake your tokens on the AlphaScan website. On the page, you will see how many tokens are currently staked for the entire protocol, the current APR, and other protocol-level details. You will also see details about all your staking positions.
Roadmap
Phase 1 (complete)
Account sentiment analytics
Analytics sentimen token
Historical sentiment analytics
Narrative sentiment analytics
Phase 1b (ongoing)
Decentralization
Staking
V1 tokenomics mechanism (including private sale/public sale)
Token indicators for momentum, new & popular and more
Level 2
Bot Telegram - analytics
Bot Telegram - trading
Additional enhanced analytics features
Public API
Initial partnership integration
Sentiment-based index vault
Phase 3
Analitik on-chain
More advanced bot features
Artificial intelligence analytics
Additional partnership integrations
Phase 4
Continuous improvement of the platform and launch of new features. Details will be announced at a later stage.
Tim
AlphaScan was founded by Jonathan Graeupner, PhD (@DegenMiami) - founder & CEO, and Peter Kim - founder & CTO. Jonathan has a PhD from Yale, was a manager at BCG, and previously built and scaled a startup. Peter has a Bachelor's (BS) & Master's (MS) degree in Computer Science from Stanford, previously served as CTO at an $8 billion quantitative hedge fund in NYC, and has also built and exited two startups.
Hopefully this article useful for you. Please note that the information above does not constitute financial advice and is provided for educational purposes only. Trading and investing in crypto and other digital assets involves high risks, therefore, always do your own research and consider carefully before making any investment decisions.
