The Protos Tech Roadmap — Building the Future of Asset Management
Protos is an actively traded, tokenized hedge fund for cryptoassets. Our public sale ends December 15th. Invest now at protos.tokenhub.com.
We’ve been so focused on the Protos ICO (underway now see protos.tokenhub.com for more), we haven’t shared much about our technology roadmap.
We’d like to change that.
Over the next few days we will be sharing our roadmap and vision for pursuing the creation of a project that we’re currently calling PRTS2, a crypto multi-manager trading platform.
Edit: Read more about PRTS2 and our Multi-manager platform below
About PRTS2
PRTS2 will be a multi-manager crypto trading platform, and associated utility token for use on the platform.
We intend to build an ecosystem that will provide the necessary tools to develop quant trading strategies for cryptoassets and to make that toolset accessible to anyone. Investors in the Protos fund will have a unique position to benefit from the innovation generated in the ecosystem.
All Protos token holders will get an airdrop of PRTS2 to join our ecosystem when the platform launches (expected Q2–2018)
Why build a crypto multi manager platform?
We believe the crypto market is maturing fast. This poses an interesting challenge for anyone investing in the space.
While we believe that we bring the right degree of quant trading experience, market knowledge and technology expertise to remain at the forefront in the field, we also believe that an outsized degree of innovation will come from individuals or teams of traders and technologists from all over the world. We believe that this innovation remains locked unless rightly triggered.
How do we follow through on our intention to offer our token holders what we believe to be the potential to achieve the best risk adjusted return on their token investment, if we don’t have all the best minds in the world working towards that same goal?
It is clear to us that tapping into, and supporting this crowd wisdom is an important component of a successful strategy moving forward.
In the future how many tokens will be traded by humans?
We think that, in the near future, the best brains to make trading decisions will be machines.
Based on our experience in traditional markets, machine and deep learning algorithms have outpaced trading algorithms based on traditional statistics.
In the expected exponential improvements of artificial intelligence, we believe that alpha will be driven by early access to advances in these technologies which lead the way in algorithmic trading.
We believe the future of trading is human and machine.
We believe that, to be successful in this new market, investment funds need the best minds working towards building the best algorithms to provide the best returns.
We believe it’s this pairing, of crowd wisdom, brilliant minds and leading edge algorithms, which is the key to ensure that Protos will constantly facilitate optimal returns to the PRTS Tokenholders, and be a positive force in bringing about a more decentralized future.
But developing quant strategies in a decentralized way is challenging
- Access to data — Lack of data that can be used for meaningful backtesting limits participation
- Custodial challenges — Securing crypto while ensuring enough liquidity so that that tokens can be flexibly traded on exchanges is a challenge.
- Incentives and attribution — Defining the right Incentive structures needed to get the smartest people working in the same direction, requires careful consideration.
We believe we have solutions for the above challenges and are excited to share more of our plan to develop a decentralized active trading strategy creation platform.
Over the next few days we expect to share our roadmap and vision to create a toolbox that enables anyone to develop quant trading strategies for cryptoassets.
We hope we can count on your input.
More to come.
Matthew, Philipp and Tom
Founders, Protos Cryptocurrency Asset Management
Protos is an actively traded, tokenized hedge fund for cryptoassets. Our public sale ends December 15th. Invest now at protos.tokenhub.com.
Learn more about Protos — protos.tokenhub.com
Join our Telegram Channel — https://t.me/ProtosCrypto
Protos is an actively managed tokenized hedge fund. We’re passionate about encouraging crypto adoption by providing a global onramp to blockchain asset investment. Our ICO public sale ends soon. Visit protos.tokenhub.com to register or learn more.
Legal Notices
This article does not constitute an offer to sell or the solicitation of an offer to purchase the PRTS Tokens or the PRTS2 tokens (collectively, the “Tokens”), nor shall there be any offer, solicitation or sale of the Tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Tokens have not and will not be registered under the Securities Act, the Investment Company Act of 1940 or other applicable state securities laws, and may not be offered or sold in the US absent registration or pursuant to an exemption from registration requirements of the Securities Act and under applicable state laws. The PRTS Tokens are being offered in the US on a limited basis to a maximum of 99 accredited investors under exemptions from registration under the U.S. Securities Act of 1933 (the “Securities Act”) pursuant to Regulation D, Section 506(c) under the Securities Act, and the rule promulgated thereunder. No person in Singapore, South Korea or the People’s Republic of China shall be eligible or permitted to, whether directly or indirectly, subscribe, purchase or acquire, or offer to subscribe, purchase or acquire, any PRTS Tokens.
In any member state of the European Economic Area, the PRTS Tokens are only being offered to qualified investors as defined under Directive 2003/71/EC (as amended, including by Directive 2010/73/EU, and includes any relevant implementing measure in each member state). This communication is directed only to persons who (i) are outside the United Kingdom; (ii) are persons falling within Article 19(5) (Investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (iii) are persons falling within Article 49(2)(a) to (d) (High net worth companies, unincorporated associations, etc.) of the Order, or (iv) are persons to whom an invitation or inducement to engage in investment activity may otherwise lawfully be communicated (all such persons together being referred to as “relevant persons”). This communication is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. This document is a summary of the terms that will be outlined in greater detail in the offering memorandum by which this document is qualified in its entirety, and any investment decision should only be made following a review of the offering memorandum.
This document contains forward-looking statements, which can be identified by the fact that they do not relate strictly to historical or current facts and may include the words “may,” “will,” “expect,” “intend,” or other expressions of similar meaning, including statements with respect to use of proceeds of proceeds of the offering, distributions and repurchases of tokens of portfolio companies and use of funds received from dispositions of portfolio companies. . These forward-looking statements are based on the current expectations and a number of factors could affect future events. You should carefully review the section of the offering memorandum entitled “Risk Factors” for a discussion of factors that could affect future events implied by these forward looking statements and other risks associated with an investment in PRTS Tokens. Certain statements contained herein represent the opinion of the members of the management team of Protos Cryptocurrency Fund Ltd. and are based on certain assumptions and facts, any of which may change at any time.
The PRTS Token does not represent or qualify as an interest in the PRTS Token issuer or Protos Cryptocurrency Fund Ltd. and do not grant any equity or voting rights in, or a claim against, the PRTS Token issuer or Protos Cryptocurrency Fund Ltd. Furthermore, the PRTS Token is not, and does not represent or qualify as, a fund unit or structured product.
PROSPECTIVE SUBSCRIBERS SHOULD BEAR IN MIND THAT PAST OR PROJECTED PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS, AND THERE CAN BE NO ASSURANCE THAT PROTOS OR PROTOS 2 WILL ACHIEVE COMPARABLE RESULTS OR THAT TARGETED RETURNS WILL BE MET. LOSSES MAY OCCUR.
