Learn the ultimate strategy to squeeze the most tokens out of Superalgos' governance programs while they're still under the radar! Superalgos is an open-source project I know inside out. I'm a core team member and co-founder. I also know the governance system fairly well, as I documented the latest release myself.
In brief:
With little effort, you may earn tokens from a project with +2k monthly downloads while still in Beta, weeks before marketing and PR campaigns kick-off before the launch.
You will find this opportunity interesting if you:
Note: You need to be proficient at operating a computer. You will need to follow a setup guide that is a bit technical.
We spent the last four years building the ultimate market research and crypto trading automation platform.
Instead of launching an ICO over a whitepaper in the craze of the 2017 bull run, we chose to bootstrap and build.
We spent the 2018 - 2019 crypto winter coding. By mid-2020, the few brave early adopters were trading live with the Beta 5 version.
Early in 2021, we launched the token to incentivize contributions — the Superalgos (SA) Token, soon to be listed, is distributed exclusively among contributors.
This past week we launched Beta 11 featuring the governance system that enables the decentralization of the governance of the project and token. This was the last strategic step we needed to complete before starting marketing.
Today, our repository is the first trading bot on Github.com and second in trading projects in general.
With +2k downloads per month, our community counts a few thousand algo traders in Telegram and Discord, growing mostly by word-of-mouth — until now!
The Superalgos Platform is designed to serve algo traders — a tiny segment of the market in the intersection of traders / in crypto / with a technical background.
The project is now embarked on Phase 2, building the products and services for the mass market, that is, all crypto users — over 100 million as of February, 2021.
This is how we are building the ultimate decentralized Social Trading Network:
Intelligence is disseminated over an open and permissionless peer-to-peer network. With friction down on the ground and zero cost to end-users, Superalgos is at the end of the disruption curve.
The above is the first model we will implement. In the future, there will be alternative designs of incentives promoting other forms of collaboration too. For example, models by which users may co-invest and collaborate in the development of trading strategies, or models that produce premium signals that users may choose to pay for.
In the short term, Superalgos will:
The launch of the Social Trading Network is scheduled for Q1 2022 in an open beta stage.
In short, we wish to give everyone a fair shot at getting project tokens early on. We believe a fair and wide distribution of the token is of the utmost importance for project resilience.
At the same time, an open collective leading the project through decentralized governance is part of what makes the project defensible.
For the above reasons, participating in governance is incentivized, meaning that you may earn project tokens for joining various programs. This is where the opportunity lies.
Now that you've heard about Superalgos, let's get you up to speed about the opportunity to get some tokens. I'll walk you through the process in more detail later on, but let me give you the quick, short version first:
That's it! In 3 or 4 hours of your valuable time you will earn about [*] 5,000 SA Tokens in the upcoming token Distribution Event.
This is worth about BTC 0.005 at the latest token valuation [**], or about USD 250 at current average BTC rates.
[*] The exact amount is hard to pinpoint as it depends on many variables.
[**] The last valuation dates from the Friends & Family round, early in 2018, when we were barely at the MVP stage. The token might as well be severely undervalued at this rate.
But that is not all! Setting up your User Profile today sets you up for similar incentives in future releases too, as Superalgos distributes tokens among profiles participating in the governance of each release.
If you maintain your profile, you will participate in the governance of future releases too, without any extra effort on your side!
Let's get on with it!
To set up Superalgos, you must follow the Getting Started Guide in the repository's README file. Scroll the page down.
The guide looks rather long because there are several ways to deploy the platform. However, unless you are a developer, I highly recommend the simplest one: a local installation.
So stick to following the main installation option for Windows, Mac OS, or Linux.
If anything goes wrong at any point, don't hesitate to join the Telegram Support Group or our Discord to ask questions.
Once you finish with the setup section, keep following the guide. Continue with the Usage section. You will be using the app in no time!
As soon as the UI opens in your browser, you will be greeted by the first of a sequence of three interactive tutorials.
The feedback on tutorials is amazing. Paired with the act of discovering the system, they make the first experience with Superalgos both surprising and overwhelming.
Surprising because few open-source projects go as deep and are so well documented. Overwhelming because, well… you'll learn a lot in a short span of time.
You must do the first three tutorials to gain all the basic knowledge about how to use the platform. This is necessary so that you may handle the tasks of setting up and contributing your User Profile to participate in governance.
It will take about three hours to complete all three tutorials. In that time you will learn a lot about what it takes to automate trading: data mining, trading systems, trading execution, and how Superalgos deals with all the complexity around those topics.
Once you're done with the first three tutorials, you will load the Token Distribution Superalgos plugin workspace. You will learn how to load workspaces during the first three tutorials, so no need to worry about that now.
Once the workspace loads, you will meet the Creating Your User Profile Tutorial. This one walks you through the process of joining the following Governance Programs:
Airdrop Program: The program rewards you for your efforts doing the first few tutorials. You may earn up to SA 1,000 in the upcoming distribution event.
Github Program: The program offers rewards for three different activities related to Github.com. You may earn up to SA 3,000 with this program!
These two programs alone can earn you up to SA 4,000.
But the interesting bit is that these programs remain active indefinitely, so you will get more tokens on every release, without any additional effort on your side!
The tutorial keeps going and helps you join three more programs. The one with the most potential is…
With that, you are earning a token bonus simply for participating in the program. We don't know how much the bonus may be as it depends on how many more people join the program.
The true potential of this program manifests when you bring your friends and colleagues to Superalgos. Then you earn token rewards for each person you bring in, but also for each person they bring, and so on!
Not just that… you get these rewards on each release, over and over, with a growing network of referrals!
The tutorial ends by showing you how to submit your profile to the repository. That is the last step required for your profile to be computed in the distribution.
The Distribution Event takes place on October 1st, 2021. That said, I'd recommend you get started now so that we have time to help you should you run into any issues!
Superalgos is a community-run open-source project with a vision: a world where machines work for humans.
The social trading solution we're building involves getting bots to work for humans — free of charge — in one of the fastest-growing markets in the history of humankind.
This is just the first step. We'd be delighted if you joined our efforts early on!