Algo Land

The company facilitate participation in trading algos while giving token holders the power over the fund. With the Ethereum smart contract can decentralize the fund and govern the fund through voting. The available profitable trading algos trade the most liquid markets in the world: Forex and Indices

Based on the Ethereum Blockchain it is possible to construct interesting contracts. The fixed rules and online execution of a smart contract are ideal for combining with algorithmic trading. Algorithmic trading or bot trading is the trading of securities and their derivatives through programmed rules. The smart contract enables the managing of a common account including risk managment and payout managment. The creation of our own token (the Algo) is the easiest way of reproducing profit participation. The cost of participation in bot trading is super low thanks to blockchain.

The contract doesn't send money to brick&mortar businesses which causes complicated interfaces and the need for curators. Futhermore collecting assets to invest in other businesses is a heavily regulated activity that needs a license. Letting some bots run together is much easier, more entertaining and you will get results (hopefully profits) much faster, normally within days. The trades and the account can be observed live and online. The tokens can be sold anytime on a cryptocurrency exchange.

The contract is kept as simple as possible. hav a Broker-account with the assets deposited in US-$. A trustee ensures that don't withdraw that money. Our bots do the trading with these assets. Company can do the following actions with the Ethereum Smart Contract:

Some participants may change their minds and want their Ethers back. They can sell their Algos every time on Etherdelta.com. The administrators will try to supply a good liquidity on the buy side, i.e. reasonable ask-prices on these exchanges.

A few participants might think after a while: "This will takes ages until a see a fat profit, let's increase the lot-size (the trade sizes). So he can make the proposal "set trade system number 333 to 10'000 USD per trade". If the proposal is accepted, the trading platform can read the decision out of the block. Remark: At first this is done manually by the algo.land administrators

Some participants might have more conservative plans and may want to withdraw the profits without selling their tokens. So he proposes to withdraw and distribute the profits. This is also possible as a proposal.

Even others want a higher liquidity in their Algo tokens and see that there is a demand from others for more tokens. Their proposal would be: "Increase tokens by 2000 with a minimum price of $5". This triggers a new sale of 2000 tokens where the price of one token is calculated from the base currency to Ether according to the current rate