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Fintech firm AllenHark Group has launched its presale initial coin offering (ICO) targeting to raise $250,000 from a sale of 1m HRK tokens for $0.25 and a 50% bonus to build AllenHark Terminal, its cryptocurrency trader platform.
AllenHark Group says the AllenHark Terminal will be a subscription-based platform that will provide traders with real-time data, reports and news to help them increase their returns on their investments in the cyptocurrency trade.
“We are building AllenHark Terminal, the world first platform to provide real-time data, reports and news to give cryptocurrency traders tools of trade, help them get the right returns over their investments, forge policy and make the right decisions,” said Anthony Gitonga, AllenHark Group CEO.
“Our algorithms and human researchers and editors will curate and create real-time data, reports and news to keep investors make money out of their money,” he added.
The $250,000 pre-ICO started today and runs for two weeks and is expected to help AllenHark bring on the market its new suit of products which include AllenHark Terminal, an institutional software and hardware trading platform, AllenHark Professional, a subscription web-based trading platform and AllenHark Go, a cryptocurrency exchange and trading app.
Gitonga adds that the financial services platform will be one of its kind in Asia and Africa where trade in cryptocurrency markets and securities and use of internet and smartphone is growing tremendously.
The real-time data tools, portfolio monitors, news, charts and analytics will help them stand out of the crowd.
“We are not just a data vending and a real-time crytptocurrency news provider,” Gitonga said, “but the professional standard for cryptocurrency and digital assets trading, risk management and compliance.”
The $250,000 targeted in the pre-ICO will help the firm finalize building its platform, do marketing for its platform in the crypto-world and help launch in more countries.
“Our cutting edge technology for professionals to trade in the crypto-currency world will help them buy, sell and track crypto-currencies, digital assets, crowd-sales’, forex and derivatives at the click of a button,” said Gitonga. “With a global network of reporters and a network of crypto professionals, our multicurrency platform gives you everything you need to be a pro.’’
The firm will also use the funds to hire financial reporters and data analysts and story tellers to follow news, mine data and customize the stories according to individual trader or investor’s needs.
AllenHark Terminal will have both free and premium data tools for daily, weekly, monthly or yearly subscribers. It will also have a messenger platform connecting traders to other traders and investors in the crypto space to help each other build solid portfolios.
AllenHark has worked with fintech firms and investment groups in Latin America, Asia and Africa providing them with mobile money integration and softwares to serve their unbanked clients.
In May 2015, The AllenHark Group signed a $33m partnership deal with Germany’s Mambu as their innovation & integration partner for East Africa to help financial institutions move to cloud-based banking applications using its Allensuite Banking 3.0 Platform.
The Allensuite Core Banking System together with Mambu is pre-packaged with Mobile Money integration, SMS Banking, Automated Payments Disbursement and a GPS visualization engine for Data-driven customer acquisition.
