Sharpe Platform Token (SHP)

The Sharpe Capital Investment Platform brings together a multitude of novel innovations in smart contracts, quantitative trading, machine learning, linguistic analysis and artificial intelligence. Principally, we are issuing Sharpe Platform Tokens (SHP). SHP provides a proof-of-stake that permits platform participants to earn service fees in ETH in exchange for providing sentiment toward global equities and blockchain assets through our web and mobile platforms. Users are rewarded with service fees in proportion to the accuracy of the sentiment they provide, utilising a proof-of-reputation mechanism. The sentiment data collected is complemented with an array of natural language processing (NLP) strategies for performing linguistic analysis, including automated sentiment, emotional response, and contextual frame analysis. These novel approaches to understanding market dynamics, both in equity markets and blockchain assets, have been developed in collaboration with scientists at leading academic institutions. Together, these data provide a valuable source of insight for hedge funds, asset managers and private participants, and therefore a valuable revenue stream through the sale of these insights. Sharpe Capital has developed a proprietary, automated quantitative trading algorithm driven by a hybrid machine learning and artificial intelligence model, bringing together microeconomic fundamentals, macroeconomic data, real-time world events, crowd-sourced market sentiment and NLP-driven linguistic analysis, into an overarching model capable of managing a robust, high alpha portfolio across various asset classes. Sharpe Capital will operate a proprietary investment fund operating much like an automated enhanced index fund to further generate revenue to support the SHP community economy The proof-of-stake metric allows us to infer the level of confidence that platform participants have in the sentiment they provide, which, when coupled with an immutable proof-of-reputation stored on the Ethereum blockchain, permits weighting of sentiment to determine both the size of service fees paid to each user, and the level of confidence to place upon each sentiment indication received. Through direct crowd-sourcing of participant sentiment, we can ensure our automated models continue to capture human, affect-driven & cognitive processes, in addition to microeconomic fundamentalist and linguistic analysis based asset value forecasting. This is unlike a prediction market - there are no losses for incorrect predictions, merely a reduction in the user’s immutable reputation score, and consequently, the size of future payments. Likewise, consistently accurate users will increase their reputation, earning larger and larger payments in exchange for their insight. SHP also provides a mechanism for hedge funds and institutional participants to access our proprietary models, acting as a usage fee.
Rank 1216
Price $0.0538
Market Capitalization $925 029
24 Hours Volume $128
Available Supply 17 180 144 SHP
Total Supply 32 000 000 SHP
Change (1 Hour) 0.22%
Change (24 Hours) 6.06%
Change (7 Days) -7.45%
Cryptocurrency News
January 19th, 2019

During the latest developer meeting, the core team agreed to adopt a “two-fork” to implement Constantinople safely on the Ethereum network.

January 19th, 2019

Andy Tian, CEO at Asia Innovations Group (AIG) and founder of XPD Media, shares his vision of causes driving the collapse of crypto in 2018, explaining how ICO buzz contributed to the industry’s crash.

January 19th, 2019

Ripple is breaking all sorts of traditional financial trends. In recent news, Mercury FX has made their most substantial payment from the UK to Mexico using XRP. The amount was valued at £3,521.67 which in US dollar terms is equal to around $4552.

January 19th, 2019

In various Asian markets, Karnika E. Yashwant, crypto expert and ICO advisor, sees a lot of progress happening for launching ICOs, but not in their governments and shines a light on this phenomenon.

January 18th, 2019

Victor Larionov, crypto expert, CEO at Priority Token and partner at Hax Ventures, shares what hides behind Security Token Offering, explains how it differs from ICO unveiling what potential it holds for the whole industry.

January 18th, 2019

ConsenSys Ventures turns back to its traditional investment methods seeking strategic partners to join their umbrella. The move is aimed at increasing the rate of Ethereum adoption globally.

January 18th, 2019

Despite joining the exchange, Blockspring will continue to operate for current and new customers as they always have.

January 18th, 2019

Recent reports suggest that Dx. Exchange has been dealing with a fraudulent binary options trading platform named SpotOption.

January 18th, 2019

The so-called Unit-e, developed by the researchers, is cryptocurrency able to process 10,000 transactions per second. It is set to launch in the second half of this year.

January 18th, 2019

Coinme in collaboration with Coinstar have decided to offer U.S. consumers a possibility to buy Bitcoin at kiosks located at grocery stores.