AhrvoDEEX

Company Overview

Ahrvo is a fintech company founded in March 2017. Ahrvo’s proprietary stock ranking system and resulting AhrvoScores™ help investors and traders of all backgrounds make timely and profitable investment decisions among more than 8000 stocks and ETFs. AhrvoScores™ looks at over 4 dozen subfactors that are highly correlated with price performance, subsequently grouping them into the four main drivers of stock performance — Quality, Value, Growth, and Momentum. For the past ten years, the system has consistently outperformed the stock market (benchmark Russell 3000 w/dividends). The model’s performance report was generated by a third-party firm, EQM Capital LLC. The platform is available on iOS and Android. AhrvoDEEX to vertically integrate Ahrvo’s existing business. AhrvoDEEX is the first blockchain exchange (brokerage) that rewards you in cryptocurrency for trading equities. Once launched, the Ahrvo app will run on AhrvoDEEX.

Problem

Clearinghouses and other intermediaries are bottlenecks that limit order-matching transparency and settlement speed. Wall Street analysts lack objectivity and produce inaccurate equity ratings and price targets, leaving traders and investors without a roadmap to evaluate equities.

 

  • Public equities settlement speed has averaged two to three days since the 1970s. Central depositories and stock exchanges have consolidated power.

  • From 1981 to 2016, the top 10 percent of stocks that analysts were optimistic about generally performed worse than the 10 percent of stocks that analysts were pessimistic about.

  • Over that time period, stocks that analysts were pessimistic about gained 15% in excess return over the following year when compared to the stocks that analysts were optimistic about.

  • Only 5% of S&P 500 stocks were rated sell in 2018 (According to Factset).

  • More than 1/3 of brokerage revenues earned in 2016 came from institutions looking for access to the C-Suite (According to Greenwich Associates). Furthermore, a large portion of an analyst’s compensation is often tied to their ability to develop, nurture, and maintain these relationships.

Opportunity

AhrvoDEEX platform will trade traditional equities, not tokenized equities. Our focus is on accelerating the adoption of blockchain within equity markets by integrating into the brokerage system. As a result, AhrvoDEEX can onboard clients from traditional brokerages through the automated customer account transfer system (ACATS), providing access to trillions in brokerage assets from inception. This allows the network to scale due to the ease of adoption- users can roll over existing brokerage and retirement accounts without liquidating their portfolio.

 

  • Global equity market cap is ~60-70 trillion USD (the U.S. is ~35-40%) vs. cryptocurrency market range of ~200-250 billion USD (ease of adoption and scale)

  • The US brokerage industry revenue has grown 16 percent since 2013 from $264.2 to $308.6 billion. Profit growth jumped 48 percent over the same time period. (large market opportunity)

  • The global fintech blockchain market had a total value of 204 million US dollars in 2017. It is expected to reach ~8.3 billion USD by 2024. A compounded annual growth rate of 70%. (strong secular tailwind)

  • In 2017, 23% of the surveyed financial companies were planning to use blockchain technology for clearing and settlement of securities (no solution like AhrvoDEEX on the market)

  • Ally Invest conducted a survey that found, 75 percent of millennial women and 60 percent of millennial men find investing confusing. (Millennials are set to inherit $30 trillion in the US alone)

 

Solution

AhrvoDEEX is a blockchain based peer-to-peer equity exchange (broker) being developed that enables profitable trading by using multifactor ranking systems and deep learning algorithms to create smart equity scores and price targets to streamline the security selection and portfolio construction process. Outside of custodial services, our focus is to build network liquidity, white label solutions, APIs and SDKs, and it will be provided to startups and fintech companies. AhrvoDEEX transaction speed is comparable to centralized exchanges (1-3 seconds) and much faster than Ethereum DEX (~3 minutes) and Bitcoin (~10 minutes). Transactions on AhrvoDEEX settle in ~3 to 5 seconds.

 

COMPETITIVE ADVANTAGE

Patent Protection

Ahrvo is building the first blockchain-based decentralized equity exchanged powered by artificial intelligence. Over the past two years, Ahrvo’s management team has garnered the necessary protection for its growing suite of investing and trading solutions. Ahrvo has filed two provisional patents (March 2017/November 2018) and one utility patent (March 2018). Pending patents cover existing and upcoming products and features that are under-development or slated for release. In addition, native aspects of the network’s protocol and integration of multifactor ranking systems and neural networks into a peer-to-peer equity exchange are covered.

Traditional Broker Experience

An advantage of being a traditional broker instead of a tokenized exchange is the ability to custody and onboard traditional equities. Tokenized platforms frequently state, “we are only a software firm and do not participate in regulated activities such as custodial or clearing services, order execution, investment advice, asset management, and other such financial services.” We believe this is to their detriment. Ahrvo’s custodian platform will offer front and back office services for firms. By focusing on a larger market (equities vs. cryptocurrency), Harvard growth should exceed tokenized competitors.

Competent Blockchain Developers

Ahrvo is working with a seasoned team of blockchain developers. The development firm is CMMI Level 3 and ISO 9001: 2015 Certified. In total, we have access to a team of 35 blockchain developers but will be working with a team of 4-5 developers initially. Their experience includes: launching public and private blockchain by forking, creating native coins, changing specifications like reward logic, inflation rate, and configuring mining tools.

Infrastructure

Current market participants (mainly Ravencoin and Equibit) are forks of Bitcoin. We view this as a structural impediment given the nature of the industry (high transaction volume). The consensus protocol of their blockchains is Proof of Work (POW). In POW, miners require a lot of energy to validate transactions. The implicit and explicit cost associated with bitcoin-based platforms has become apparent when transaction volumes rise with the price of the underlying cryptocurrency. Ahrvo’s blockchain will be forked from Stellar, and use Proof of Stake (POS) - a more cost-efficient and environmentally friendly consensus protocol.

 

FEATURES

Ahrvo’s Platform Current Features

  • $0 Commission Trading - Ahrvo offers the lowest cost equities trading platform (powered by Tradier) for frequent traders in the US (According to Barron’s Magazine’s 2017 ranking).

  • Personal Stock AnalystAhrvo curates a list of top stock ideas for users on a daily basis, providing a source of objective investment recommendations.

  • Buy and Sell Signals – Trading signals enable users to make timely buy and sell decisions based on a combination of momentum indicators.

  • 5000+ Stock Scores – Discover stock market winners and avoid the losers with little effort. It’s simple, stocks with high AhrvoScores™ outperform stocks with low AhrvoScores™.

  • 2000+ ETF Scores and Profiles – ETF scores, fund statistics, geographic, sector, and industry breakdowns give you a complete understanding of nearly every ETF on the market.

  • Ranked Investment Themes – Quickly identify top industries with proprietary industry/theme scores. Sort and filter stocks within an industry/theme by different factors to find stocks that meet your criteria.

  • Wall Street Data – Earnings calendar, consensus stock ratings, and price targets are all updated daily and allow you to keep a pulse on analyst opinions.

  • Social Trading CommunityAhrvo’s patent-protected software integrates both quantitative and social investing. Users can engage with other participants to discuss stocks and trading strategies.

  • Fantasy Investing League – Win cash prizes at the end of every month by finishing among the top finisher in the Ahrvo Fantasy Investing League (AFIL) investing competition. Participants can also create public or private investing leagues to compete against family and friends.

  • Real-time Prices and Alerts – Set stock triggers using our factors and traditional technical indicators. Receive real-time notifications when parameters are breached, using simple IF THIS THEN THAT logic.

 

AhrvoDEEX Platform Features

  • Real-time execution and settlement

  • Onchain order matching and settlement

  • Real-time accounting system to reconcile accounts

  • Automated portfolio construction and management

  • Neural network driven equity scores and price targets

  • Transparent custodial services provide back office support

  • Easier brokerage access to US markets for foreign investors

  • Cryptocurrency rewards for users that trade stocks and ETFs (create liquidity) on AhrvoDEEX

  • White label, APIs, and SDKs for fintech companies and start-ups in order to scale network and build network liquidity

 

Ahrvo Coin Use Cases

 
  • Platform trading fees (provides % discount)

  • B2B subscription fees (provides % discount)

  • B2C subscription fees (provides % discount)

  • Network Custodial fees (provides % discount)

  • Investment performance fees (provides % discount)

  • LT licensing fees (provides % discount)

  • Margin and collateral payments

  • Network rewards

  • Staking

Restricted Areas

Balkans, Belarus, Burma, China, Cuba, Democratic Republic of Congo, Iran, Iraq, Ivory Coast, Liberia, Libya, North Korea, Sudan, Syria, Yemen, Zimbabwe, & US Non-Accredited Investors

Location
Virgin Islands, British
Category
Trading & Investing
Pre-ICO
15 July 2019 - 31 August 2019
ICO
01 September 2019 - 31 December 2019
Token Name
Ahrvo
Token Symbol
RVO
Total Supply
200 Million Coins
Soft Cap
$10 Million
Hard Cap
$50 Million

Social Links

Team members

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Appo Agbamu

CEO & FOUNDER
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Manik Gupta

CTO and Backend Architect
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Manav Suri

Head of Development
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Alexander Leruth

CFO
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Balvinder Singh

Senior Android Developer
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Rohit Kumar

Senior PHP Developer
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Akshay Garg

Senior iOS Developer
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Sakil Mahmud

Systems Developer
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Sabbib Alam

Data Analyst
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Darin Mangum

Securities Counsel
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Michael Soeterbroek

Business Development Advisor
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Michael Essien

IP Counsel
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Drew Preiner

Systems Integration Advisor
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Rasel Mahmud

ICO Advisor & Frontend Developer
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Jessielyn Abadejos

ICO Community Manager

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