Introduction to AlphaScan

AlphaScan is revolutionizing the way traders approach alpha discovery by empowering users to uncover hidden gems before the market takes off and automate their trading using those signals.

By harnessing the power of off-chain sentiment analysis on Twitter and analyzing the on-chain behavior of the most profitable wallets, AlphaScan provides a unique advantage to traders. It enables them to separate the signal from the noise, giving them a clearer understanding of market trends and potential opportunities. Using those signals, AlphaScan then enables them to implement automated trading strategies to optimize trading execution.

Whether you’re a seasoned trader or just starting out, AlphaScan enhances your trading process.

Problem

In web3, the sheer number of new tokens being launched daily can be overwhelming. For the average trader, it’s nearly impossible to keep up with even a fraction of these projects. However, when it comes to investing in tokens, it’s crucial to identify those that have the right sentiment and sufficient support to truly take off. The challenge lies in discovering the traders and researchers who consistently achieve profitability. So, how can we make them more visible?

This is where Twitter comes into play as a powerful tool. Degens, influencers, and researchers openly discuss various tokens, share their calls, and present their findings. Certain accounts demonstrate a track record of superior performance compared to others, making it worthwhile to keep a close eye on their latest picks.

Another part is wallets that consistently outperform the market by a significant margin, finding one 10x opportunity after another. By aggregating and making these consistently profitable wallets visible, traders gain valuable insights into the strategies and decisions that lead to their success.

Navigating the ever-expanding landscape of tokens requires leveraging multiple sources of information. By analyzing Twitter data combined with identifying consistently profitable wallets, traders can increase their chances of discovering the next big opportunity and maximizing their returns.

Executing using those signals is the final step in this process. When a token starts moving, it tends to move fast. Being able to immediately act on a received signal can impact performance significantly.

Solution

AlphaScan tackles those key challenges from three different angles. We released the first features already with a strong emphasis on off-chain sentiment analysis. Users gain access to a comprehensive overview of the most influential accounts on crypto Twitter, enabling them to stay updated on real-time mentions, and accounts call profitability, the popularity of specific tokens, and discovering trending narratives.

However, AlphaScan doesn’t stop at social analytics. We will expand our features by incorporating on-chain behavior analysis, making the most profitable wallets visible and shedding light on the tokens they are actively buying.

By integrating these two essential components, we pave the way for the integration of automated trading solutions. Traders will have the power to automatically follow and execute trades based on the strategies and rules of the best-performing accounts and traders.

Outlook

At AlphaScan, our vision extends beyond being just a powerful alpha discovery tool. We will fully decentralize AlphaScan and empower our users to take control of their automated trading experience.

In line with this vision, we are actively working towards creating a decentralized platform where users have the freedom to build on top of AlphaScan.

Disclaimer

AlphaScan is operated by AlphaScan Ltd., a British Virgin Islands limited company. AlphaScan is an analytics-based information provider. This material is being provided by for general informational purposes only. Views or opinions expressed herein may not reflect those of AlphaScan as a whole and may change without prior notice. Nothing in this material constitutes investment, portfolio management, legal, accounting or tax advice, advice on trading techniques, models, algorithms, or any other schemes, or a recommendation to buy, sell or hold any digital tokens or other digital assets. No recommendation or advice is being given as to whether any digital asset is suitable for you. No solicitation or offer of any digital asset or financial promotion of any kind is being made. You should not trade in digital assets unless you understand the associated risks. This material contains forward-looking statements — statements that relate to future events or future performance — which are only projections, opinions and hypotheticals about possible future events, conditions, outcomes and results. Actual events or results may differ materially.