Federal Judge Rules that Kik’s 2017 Token Sale Violated US Securities Law
By Daria Rud October 1st, 2020
Before October 20, the parties have to file either a joint proposal for Kik’s investors, or a document with a proposal on how to proceed.
KEY FEATURES
Cross-chain DeFi: Alpha is building a DeFi ecosystem across Ethereum and Binance Smart Chain (BSC). Alpha products will not only take advantage of BSC’s scalability and the long tail of assets, but also contribute more innovative building blocks to the Ethereum ecosystem.
Alpha interoperability: Synergy across Alpha products is key to generate optimal alpha for our users. Alpha products on both BSC and on Ethereum will interoperate, creating cross-chain interoperability for Alpha products. There are also many non-yield assets that are currently idle outside of Ethereum that Alpha can leverage.
Sustainable ALPHA utility: ALPHA will be the main utility token across the portfolio of Alpha products, including staking, reward systems, as well as governance mechanisms.
1 months cliff, 1/4 quarterly vesting afterwards
Governance: Alpha will implement governance on two levels via DAO mechanism: product-level governance and Alpha Finance-level governance. Product-level governance will allow ALPHA token holders to govern key elements of specific Alpha products. Alpha Finance-level governance will allow ALPHA token holders to govern how the portfolio of Alpha products interoperate. Via DAO mechanism, ALPHA token holders can exercise voting rights on the two levels of governance.
Experienced team: Alpha’s core team consists of entrepreneurs and builders who have extended experience in finance, blockchain, cryptography, mathematics, and engineering. Alpha’s team has four gold medals and one silver medal from the International Mathematical Olympiad.
