Dear Alphacats!

As part of our efforts to be transparent and communicate regularly with our community, we are pleased to share this mid-month report, which includes our progress during these last two weeks and our outlook for the future.

Community

Alphacat Community

By the middle of May, the effectiveness of Alphacat’s global community outreach has grown, and the number of community users increased significantly. The number of Twitter users increased from 5,299 to 6,900, with a growth rate of 30.21%. Global Telegram users increased from 5,711 to 6,720, an increase of 17.67%. The number of Facebook users also increased significantly, from 2,401 to 2,831, an increase of 17.91%.

New Website Progress

The design, research and development of new website are completed. Some details are being fine-tuned, and will come soon. Stay tuned!

2. Alphacat’s Whitepaper is updated to version 1.5.0, and will be released on our new official website.

3. A new introduction video will provide a clear introduction of Alphacat features, technical advantages, and our core team members.

Exchange

1. HitBTC: the technical connections are complete. The exact date of the listing will be announced upon the official confirmation of the exchange.

2. Gate.io: The application has been submitted. We will announce further information as soon as we have any news.

3. Switcheo: the technical connections are complete. The exact date of the listing will be announced upon the official confirmation of the exchange.

Product Development

1. Alphacat has released our new roadmap! The new roadmap has an updated timeline of development for each product, and refines the development roadmap for each product category. There are five product categories: Database & API, Alphacat AI Forecasting Engine, Alphacat Index Engine, Alphacat Analysis Tools, and the ACAT Store.

Reference: https://medium.com/@AlphacatGlobal/alphacat-new-roadmap-46bf13aed6db

2. The first round of our BTC Daily Forecasting service has come to an end. The BTC bot has performed predictions for each day of the month of April. Using the rise probability as our criterion, the BTC bot successfully predicted 19 days of results, and its overall accuracy rate reached 63.33%. As the BTC forecast has achieved significant results, the Alphacat team will gradually release beta versions of new cryptocurrency prediction bots for testing starting in the month of May and through July. Now, the Alphacat team is inviting users to participate in product operations.

Reference: https://medium.com/@AlphacatGlobal/vote-for-the-cryptocurrency-you-would-want-alphacat-to-forecast-aac82af9261c

Questionnaire link: https://goo.gl/forms/QcJ4pVtD3VtMRSzO2

3. Cryptocurrency real-time forecasting: the core algorithm of our cryptocurrency real-time forecasting system Version 1.0 has been completed. The Alphacat team is currently working on the development of the ACAT Store. According to user voting results and feedback, we made some adjustments to the designs.

4. ACAT Database: on May 7th, the Alpha version of the database API was completed.

5. RangeBreak analysis tool for cryptocurrency: this product is used to analyze the resistance position, support position and other position of cryptocurrency, and release trading signals when the price hits support or resistance position. The algorithm is currently under development.

Offline Activities

The Alphacat Team was invited to attend London Tech Week on May 15th in Shanghai. At the London Tech Week Forum, Hanan Yariv — the global marketing director for Alphacat, spoke about blockchain and DApp.

2. Alphacat Founder — Dr. Bin Li attended Consensus 2018 in New York. Consensus 2018 features 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy.