• Driving Evolution Towards Trading Increasingly Important Value

Trading League Structure

Alpha version ETA: Q1, 2020

The following description corresponds to an envisioned league structure that is not yet implemented. Current Alpha-stage Competitions are structured similar to the 10th Division in the below table.

CompetitionsRefers to trading competitions ; events in which Algorithms and human traders compete to determine the top performers under certain rules.
Learn more about Competitions...
are structured in a multi-layer league system designed to drive evolution towards trading increasingly important value in assets and / or capital.

The Superalgos Trading League is split in two: Minor League and Major League. Each league is subdivided in divisions.

Each division runs longer Competitions with increasing capital requirements and larger awards in prize money. 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. who compete well in minor divisions may chose to discretionarily move to upper divisions.

The following table shows the structure of the league as it is currently envisioned


Minor League Major League
Division 10th 9th 8th 7th 6th 5th 4th 3rd 2nd 1st
Duration [weeks] 1 1 2 2 3 4 4 10 20 40
Rest [weeks] 1 1 1 1 1 2 2 3 6 12
Events Per Year 24 24 16 16 12 8 8 4 2 1
Capital Req. [USD] $10 $100 $1K $5K $15K $50K $125K $250K $500K $1M
1st Prize [USD] $500 $900 $4K $10K $35K $75K $125K $250K $500K $1.5M
Yearly Prize [USD] $12K $21.6K $64K $160K $420K $600K $1M $1M $1M $1.5M

Core Features

  • Each ExchangeWhile Competitions, Algorithms and the Marketplace run on the Superalgos Network, the actual trading occurs directly at Digital Assets / Crypto Exchanges. runs its own league.

  • Competition events across all participating Exchanges run exactly at the same datetime. This helps competing Algo-Makers to plan ahead and participate in multiple Competitions across different Exchanges.

  • It also allows the audience to enjoy Competitions and keep track of them across different Exchanges.

  • New Community members have free access to a wealth of knowledge and trading technology.

  • Adding value by improving the ecosystem's AlgorithmsRefers to trading algorithms; pieces of software automating trading strategies. is consequently incentivized. Competition winners get to multiply their capital by a factor of e.g. 10X in the 9th Division, 5X in the 8th Division, 3X in the 7th, 3X in the 6th and 2X in Major Leagues.

  • Prize money for the winner of each division added to the original capital requirement is enough to meet the capital requirement of the immediate higher division, promoting mobility across the league.

  • At the end of every Competition, the winning Algorithms are open-sourced within the CommunityThe collaboration of a heterogeneous group participating in the Superalgos Project. A subset of the Community counts professional and amateur traders, developers and analysts, organized in Teams, referred to as "Algo-Makers". in order to enable the upgrade of the ecosystem's intelligence. This allows 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 use the state-of-the-art as a starting point for building the next generation of Algorithms for the next Competitions to come.

  • The ecosystem is based on a comprehensive evolutionary model involving a form of artificial life by which Algorithms become autonomous living organisms. Algorithms need to obtain ALGO from the underlying economic ecosystem—by selling data products and trading services—in order to stay alive. Algorithms in the Superalgos Platform become 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...
    .