Alethena

Alethena

Created using Figma
Created using Figma

Last Update

May 16, 2018

Alethena is the first Swiss Blockchain-Asset rating agency. Reliable due diligence and a resulting rating are established by providing a professional, transparent and in-depth methodology. Proudly transferring the values of its Swiss heritage, Alethena sets itself the highest standards of neutrality and independence. A scalable and decentralised methodology is the definite goals to be archived with A.I. and Machine Learning in the near future.
Public Pre-sale starting on 23/5/2018
May 23, 2018
Jun 27, 2018
100% completed
$583 000
1% cap completed
Cap 30 000 000.00 USD
past
Company Details
Registered Country
Switzerland
Additional Details
Platform
Ethereum
KYC
Yes
Categories
Platform

About Alethena

Equility AG is a public limited company founded in August 2017 and registered in the Commercial Registry of the Canton of Zug under the number CHE−460.255.304. Alethena is the project of Equility AG and therefore embedded in a sustainable and transparent legal setup subject to Swiss law. No other projects are conducted within Equility AG. Thus, Alethena remains the only financial revenue stream of Equility AG. In that sense, Alethena is a brand of Equility AG. By nature, the balance sheet, profit and loss statement, and the cash flow statement of Equility AG will be determined by Alethena. The emission of Alethena tokens including all the raised capital will be exclusively limited to the Alethena project. Alethena tokens (cf. Section 6 for the detailed token specifications), however, do not provide the token holder with any direct or indirect equity stake of Equility AG.

Features

Security Token with limited voting and profit rights

Limited refers to the fact that according to Swiss law, the ultimate decision power remains with the Board of Directors and the corresponding General Assembly.

The Alethena founders representing the General Assembly fully commit to relaying decisions regarding the profit distribution to the token holders. Any deviation from this commitment would immediately lead to severe credibility issues and reputational damages. Supporting the long-term vision of Alethena, the founders are committed to a vesting period of 5 years

Alethena Roadmap

  • 2016

  • Founders privately start investing in ICOs, notice the absence of proper due diligence and transparency.
  • July 2017

  • First Prototype of own due diligence methodology is being developed.
  • August 2017

  • Legal structure ‘Equility AG’ is set up and platform and ICO preparations begin.
  • December 2017

  • Official go-live of Alethena.
  • Read More
  • January 2018

  • Strategic partners and advisors join, private seed round closed.
  • April to July 2018

  • ICO to independently fund the development of product and methodology.
  • December 2018

  • Release full product with v2.0 methodology. Become top-of-mind Blockchain Asset
    Rating in Europe.
  • 2019

  • Enhance and scale methodology with machine learning and R&D department.
  • 2019-2020

  • Release largely automated v2.0 product.

Activity

Posts:
365
HIGH
Followers:
2 278
MEDIUM
Likes:
2 263
MEDIUM
Followers:
0
VERY LOW
Tweets:
0
VERY LOW
30 Days Growth:

Alethena Team

Verified 63%

Attention. There is a risk that unverified members are not actually members of the team

Pascal Marco Caversa...
Co-Founder & CEO
verified
Markus Hartmann
Co-Founder & President
verified
Tim Glaus
Co-Founder & COO
verified
Alexander Thoma
Co-Founder & CFO
verified
Benjamin Rickenbache...
CSO
verified
DOMINIK SCHÖNI
PAPERS.CH TECHNICAL PARTNER - SOFTWARE ENGINEER
unverified
PASCAL BRUN
UI/UX DESIGNER
unverified
NIKLAUS KNECHT
VISUAL DESIGNER
unverified

Advisors

Verified 88%

Attention. There is a risk that unverified members are not actually members of the team

Thorsten Hens
ADVISOR
unverified

2 ICO

$26 599 375

URS WÄLCHLI
ADVISOR
verified
LUZIUS MEISSER
ADVISOR
verified
ISRAEL SERRANO ORTIZ
ADVISOR
verified
PASCAL FORSTER
ADVISOR
verified
ROBERT LEMOYNE
ADVISOR
verified
TIMOTHY MASTROIANNI
ADVISOR
verified
ROGER HALBHEER
ADVISOR
verified

Alethena Interviews

Pascal Marco Caversaccio
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm the CEO of the project Alethena and convinced that the long-term success of the blockchain technology hinges on the mainstream adoption and therefore ultimately on the market transparency.
Markus Hartmann
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
With more than 10 years of experience in the Financial Service Industry and a solid academic background, Markus recently co-founded the Blockchain Start-up Alethena - the first Swiss Blockchain-Asset Rating Agency.
Tim Glaus
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Co-Founder & COO
Alexander Thoma
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the CFO of the company. My role is to make sure that the financial side of Alethena is adding up and to optimize financial processes in order to ensure that stakeholder value is created, maintained and enhanced. I strongly believe that project Alethena is a game changer for blockchain firms and investors because it truly is a value add.
Benjamin Rickenbacher
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As Chief Scientific Officer of project Alethena, I am mainly working on the core of our project, namely the rating methodology. I strongly believe that any blockchain project not only needs to have a good business case, but must also transparently reflect this in their technical setup.
URS WÄLCHLI
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a strategic advisor to Alethena's management team. With the asset rating system, Alethena addresses a very crucial issue in the ICO space. Alethena will help investors identify high-quality ICOs and thereby make better investment decisions.
LUZIUS MEISSER
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Alethena is a helpful compass when navigating the ICO jungle.
ISRAEL SERRANO ORTIZ
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Strategic Advisor, expert in Blockchain technologies
PASCAL FORSTER
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Supporting Alethenas‘ mission to bring transparency into the ICO market.
ROBERT LEMOYNE
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a Ph.D. in engineering. I provide insight from a scientific advisory perspective.
TIMOTHY MASTROIANNI
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My role in the ICO project is to use my skills as a cognitive scientist and AI designer to ameliorate the methods at Alethena and help it to become the world leader in the industry.
ROGER HALBHEER
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am supporting the team when it comes to security (and some compliance) challenges. Additionally, I am offering the team access to my network, where needed

Alethena Last News

3.55
stable
5.0 10
ICO Profile Vision Activity Potential Product Team

Alethena Reviews

cryptorated.com
review

Differentiation: The platform aims to differentiate itself from other similar services by reducing the issue of conflict of interest. The organization provides a self-assessment that can be found on the MVP section of the company website. Platforms that wish to be listed on the platform will pay the same fee as all other projects. The scoring system is backed by specific assessments based on the information presented by the particular organization.

Market Penetration Potential: There are a number of crypto-related due diligence services, some with very signifcant user bases. However, there are fewer platforms that provide full transparency and trust while ensuring that issues regarding conflict of interest are eliminated. The market for crypto-assets in general is fairly young and as a result, the platform has potential to gain market share, but a good strategy is required especially if the organization plans to complete with services with much larger followings.

Solution Advantage: Compared to other platform where potential investors may use to gain insight on crypto-related projects, Alethena has a competitive advantage by providing more in-depth insight and research into each project and provides transparent justification for the scoring of each project. Furthermore, token holders will receive dividends (although the details of this are unclear).

Long-Term Vision: Based on the roadmap, the organization plans to develop a mostly automated product that will utilize machine learning. These aspects of the platform are not discussed (even briefly) in the whitepaper, thus the long-term vision of the platform does not seem concrete. However, the organization aims to position itself as an company that will “enable long-term sustainable ICO investments”.

Read More
icorating.com
ICO review website

Alethena is staging its ICO to finance the project by offering investors ATH security tokens which gives them the right to participate in the distribution of a part of the project's profit in the form of dividends and the right to vote at online meetings of the token holders.

The project has done a lot of work in the legal field. The project team looks balanced and capable of realizing the main idea of ​​the project. However, none of the team members are well-known representatives of the crypto industry and the project itself is relatively unknown outside of Switzerland.

One of the major shortcomings of the project is its lack of significant competitive advantages. The criteria for evaluating ICO projects, is generally the same as the entire market, transparency and independence are declared by all rating agencies and the content of the MVP presented is not much different that of its counterparts. The project does not yet have a reputation or attendance of the resource. The sector in which Alethena is planning to work is extremely complex, there is a high dependence on business linkage, experience, quality of analytics, etc. The existing competitive environment and the decline in requests for independent analytical ratings complicate the task of occupying a significant market share.

We also note the lack of information related to the future cash flows of Alethena, the price of services and other financial information. Openness in this area is extremely necessary when the token has a security function. Currently, due to the lack of a business plan and other financial information, it will be impossible for investors to estimate the value of the purchased volume of tokens, since the return on future investments is not known.

Read More
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