Alphacat Report (August 16–31)

Dear Alphacats!
As part of our efforts to be transparent and communicate regularly with our community, we are pleased to share this mid-month report, which includes our progress during these last two weeks and our outlook for the future.
Community
- As of the end August, Alphacat’s global community continued to grow stably. The number of Facebook users continued to rise, from 14,746 to 16,419, an increase of 11.3%. The number of Twitter users increased from 14,100 to 14,600, a growth rate of 3.5%. Global Telegram users increased from 9,004 to 9,109, a growth rate of 1.1%. Alphacat’s global community is gradually maturing.

2. User Guide for Alphacat’s ‘Cryptocurrency Real-time Forecasting Series Tool’ Published. A deeper understanding of the characteristics for Alphacat’s real-time forecasting tools can help users improve their profitability in trading and reduce risk. The Alphacat team provided reference methods and application scenarios, such as helping users understand how to choose buying and selling opportunities, helping users in comparing the risks of different cryptocurrencies, and how to interpret real-time forecasting results as trading signals. In a coming series of articles, the Alphacat team will continue to introduce more tool functions of the real-time forecasting series.
3. Launched ‘Vote for the Next Token Forecasting Application (V1)’. The ACAT Store Market Forecasting channel has listed real-time forecasting applications for BTC, ETH, EOS, and NEO. The launch has received much attention from the community. With the close cooperation of developers and the continued improvements to the Alphacat forecasting engine, more forecasting applications for other cryptocurrencies will be launched in a timely fashion. In order to provide our users with the best services, we invite our users to participate in product development by taking a questionnaire. The foresting applications proposed for the ACAT Store “Forecasting channel” this time are: “ADA real-time forecasting”, “BCH real-time forecasting”, and “XRP real-time forecasting”. The cryptocurrency with the highest number of votes will be given priority to launch in the ACAT Store’s Forecasting channel.

4. The final distribution of ACAT Tokens was completed. The distribution of the reward tokens for early contributors was completed.
Product Development
- ACAT Store:
In the new revision of the ACAT Store, the “News” section will now be dissected into: ‘Hot’, ‘News’, ‘FAQ’ and ‘Blog’ sections. The ‘Hot News’, ‘Industry News’, ‘Official Announcements’, and ‘FAQ’ sections will also be released on the channel in the near future. (The picture below is a mock-up, the actual design is subject to change upon final release.)

2. Alphacat Index Engine:
ACE Top Index: The ACE Top index is currently under intense development. This application will include a variety of representative cryptocurrencies, and uses specific scientific calculation methods — these methods will allow for the calculation of the ACE Top index value in real-time. By comparing recent historical trends of the index with other cryptocurrencies, (BTC for instance), and by analyzing the correlations and differences between the cryptocurrency and the index itself, users can receive not only an overview of the whole crypto-market environment, but also a deeper understanding of any specific cryptocurrency the user is interested in.
3. Alphacat Analysis Tools:
Cryptocurrency Risk Analysis Tool: The “Cryptocurrency Risk Analysis” tool calculates a series of risk indicators by analyzing historical transaction data of a given cryptocurrency. Through numerical comparisons of different risk indicators between different cryptocurrencies, the relative risk difference between two cryptocurrencies can be comprehensively assessed, showing the possible causes of a risk difference.
This tool helps ordinary investors pay attention to the risk analysis of a specific cryptocurrency. The risk indicator algorithm and the evaluation algorithm for this tool is now complete, currently the team is reviewing and refining the development concept and processes for the tool.
For more information of Alphacat:
Website: www.Alphacat.io
Telegram:https://t.me/alphacatglobal
Medium:https://medium.com/@AlphacatGlobal
Twitter:https://twitter.com/Alphacat_io
Facebook: https://www.facebook.com/Alphacat.io/
Reddit: https://www.reddit.com/r/alphacat_io
