• An Open, Self-Sustainable and Self-Regulating Economic Environment

The ALGO Ecosystem

A permissionless business hub

The ALGO Ecosystem is the network of economic relationships embodied by the activities of numerous stakeholders of the Superalgos ProjectAn open community together with its body of work, implementing a framework to enable a superior trading intelligence evolving within an open global collaboration of humans and machines, at the service of all people., participating in a joint business.

The main purpose of the ecosystem is to enable a decentralized, self-sustainable and self-regulating economic environment. Participants are exposed to business opportunities and the profits obtained through the ecosystem's output are systematically distributed and channeled to entities according to their individual contributions.

The ALGO TokenThe ALGO Token is the medium of exchange within the ALGO Ecosystem by which stakeholders transfer value in exchange for products or services. ALGO also represents a form of energy turning bots into beings with a financial life of their own.
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is the medium of payment within the ecosystem, and the project's native token.

In the long run, the output of the ALGO Ecosystem will be a MarketplaceThe Trading Intelligence Marketplace, also referred to as the "Marketplace", will be a subset of the Superalgos Platform running on the Superalgos Network enabling users to hire trading intelligence in the form of Data Services, Trading Services and Asset Management Services.
Learn more about the Marketplace...
of automated asset management and trading services, to be exposed to the general public.

The ecosystem is composed of several stakeholders. We shall briefly introduce them in order to provide context to deeper explanations coming afterwards.

Stakeholders

The entitites participating in the joint enterprise

Superalgos Organization

A not-for-profit organisation with the main purpose to promote the Superalgos Project. The organization aims to make trading technology readily available to ever increasing numbers of market participants by lowering the barriers of entry as well as promoting open source collaboration.

The Superalgos Organization is the legal entity representing the Superalgos Project in front of ExchangesWhile Competitions, Algorithms and the Marketplace run on the Superalgos Network, the actual trading occurs directly at Digital Assets / Crypto Exchanges., entering legal agreements with the latter to ensure a meaningful and profitable business relationship for all parties involved.

Community

The Community is embodied by the strong collaboration of a heterogeneous group participating in the Superalgos ProjectAn open community together with its body of work, implementing a framework to enable a superior trading intelligence evolving within an open global collaboration of humans and machines, at the service of all people..

A subset of the Community counts professional and amateur traders, developers and analysts, organized in Teams. Their main functions are creating, developing, maintaining and promoting the evolution of Financial BeingsA perspective on Algorithms and other sort of bots (i.e. Indicators, Sensors, etc.) as autonomous agents with a financial life of their own, meaning that they live or die depending on their ability to produce value in the form of products (data) and services (trading), which they sell to obtain financial resources and guarantee their subsistence.
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, so we call Teams Algo-MakersA subset of the Community counting professional and amateur traders, developers and analysts, organized in Teams, tasked with creating, developing, maintaining and promoting the evolution of financial beings..

Teams may also contribute to the development and maintenance of the platform, becoming Team Members.

Teams are free to create any number of financial beings and are free to set the fees other beings need to pay to consume the products (datasets) and services (trading) they offer.

Any individual in the Community may create a Team, and people may participate in multiple Teams at the same time.

Teams participate in CompetitionsRefers to trading competitions ; events in which Algorithms and human traders compete to determine the top performers under certain rules.
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to earn cash prizes and acquire reputation, which in turn may help them market their services once the MarketplaceThe Trading Intelligence Marketplace, also referred to as the "Marketplace", will be a subset of the Superalgos Platform running on the Superalgos Network enabling users to hire trading intelligence in the form of Data Services, Trading Services and Asset Management Services.
Learn more about the Marketplace...
is up and running.

Node Operators

Node operators are people or companies running Superalgos NodesA software package containing the Superalgos Platform freely available for deployment on any server / computer.
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and potentially offering hosting services for Algo-MakersA subset of the Community counting professional and amateur traders, developers and analysts, organized in Teams, tasked with creating, developing, maintaining and promoting the evolution of financial beings. to run their AlgorithmsRefers to trading algorithms; pieces of software automating trading strategies..

Everyone has the option to run their own Superalgos Nodes—that is, their own instances of the Superalgos PlatformThe collection of software and tech-infrastructure that enables the hosting of Competitions and the Marketplace, developed by the Superalgos Project which runs distributed on independent instances referred to as Superalgos Nodes in the Superalgos Network.—which removes the need to trust other parties on the network with Algorithms code and / or ExchangesWhile Competitions, Algorithms and the Marketplace run on the Superalgos Network, the actual trading occurs directly at Digital Assets / Crypto Exchanges.' API Keys.

In the future, Node Operators will be incentivized to participate in the Superalgos NetworkA P2P Network consisting of Superalgos Nodes running both part of the Superalgos Platform and Algorithms.
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through a discount offered by Exchanges, applicable to the volume generated by Superalgos Nodes in the Marketplace.

Exchanges

All crypto exchanges offering APIs to trade on their listed markets are able to participate in the ALGO EcosystemA self-sustainable and self-regulating network of economic relationships embodied by the activities of stakeholders of the Superalgos Project participating in a joint business.
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. The Superalgos Platform is exchange-agnostic.

Exchanges play a crucial role in the ecosystem as they are the actor hosting and incentivizing CompetitionsRefers to trading competitions ; events in which Algorithms and human traders compete to determine the top performers under certain rules.
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—the ultimate driver of evolution—by offering significant prize money to winners.

They will also play an important role incentivizing the actual use of the Superalgos NetworkA P2P Network consisting of Superalgos Nodes running both part of the Superalgos Platform and Algorithms.
Learn more about the Superalgos Network...
once the MarketplaceThe Trading Intelligence Marketplace, also referred to as the "Marketplace", will be a subset of the Superalgos Platform running on the Superalgos Network enabling users to hire trading intelligence in the form of Data Services, Trading Services and Asset Management Services.
Learn more about the Marketplace...
is operational: Exchanges will route discounts back to Node Operators, based on their trading volume.

Subscribers

In the future, people, companies and institutions will be able to hire Asset Managers to trade on their behalf by subscribing to asset management services for a fee.

Subscribers will eventually become the main consumers in the ecosystem.

However, in order for this to happen, both the Superalgos PlatformThe collection of software and tech-infrastructure that enables the hosting of Competitions and the Marketplace, developed by the Superalgos Project which runs distributed on independent instances referred to as Superalgos Nodes in the Superalgos Network. and Financial BeingsA perspective on Algorithms and other sort of bots (i.e. Indicators, Sensors, etc.) as autonomous agents with a financial life of their own, meaning that they live or die depending on their ability to produce value in the form of products (data) and services (trading), which they sell to obtain financial resources and guarantee their subsistence.
Learn more about Financial Beings...
need to evolve further, so as to enable a certain performance level in terms of the ecosystem's output.

Asset Managers

Asset managers will be companies or individuals in the network, providing financial advice / services to investors / subscribers. Their services may vary in terms of sophistication according to the size of capitals they manage.

Asset management services may be as elaborate as available elsewhere in the industry or as simple as an application connecting the subscription directly to AlgorithmsRefers to trading algorithms; pieces of software automating trading strategies..

Financial Beings

Financial beings are autonomous agents with a Financial LifeA type of artificial life in which agents are alive as long as they have enough money to pay for their expenses. of their own, meaning that they live or die depending on their ability to produce value in the form of products (data) and services (trading), which they sell to obtain financial resources and guarantee their subsistence.

Financial life is a leading paradigm playing a fundamental role in balancing the ecosystem. Because Financial BeingsA perspective on Algorithms and other sort of bots (i.e. Indicators, Sensors, etc.) as autonomous agents with a financial life of their own, meaning that they live or die depending on their ability to produce value in the form of products (data) and services (trading), which they sell to obtain financial resources and guarantee their subsistence.
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need to pay for their own living expenses, they strive to be as efficient as possible. Financial life naturally selects top performers and discards inefficient specimens.