AltVote
Today, there is a multitude of decentralized projects that are flying into the public domain, each of them claiming to provide something revolutionary. With such a number of projects flooding the landscape, it has often become difficult to parse out the good ones from the bad ones. This is especially true when different kinds of risk metrics need to be considered before making any decisions.
This makes users highly vulnerable as there is no reliable platform that provides a complete view of all associated risk metrics when dealing with certain decentralized projects. AltVote seeks to provide this service and more by providing a listing and upvoting platform for safe projects as well as for those marginally risky endeavors. AltVote will leverage a suite of tools that include risk assessment, liquidity pooling, token holder management, and portfolio monitoring for potential investors.
AltVote will provide an all-inclusive approach to assessing certain tokens before they can be listed on the platform:
1. The solidity contracts will be inspected to surface any security risks or possible coding vulnerabilities that could put users at risk.
2. Liquidity lockups and their respective sizes will also be carefully scrutinized in order to prevent any possibility of market manipulation or volatility swings in value due to sudden bursts of trading activity.
3. All token holders, wallets and nodes related to the project’s network will also be taken into account even before listing takes place so as to ensure that user funds remain secure at all times throughout the investment lifecycle.
4. Roadmaps and website reviews also form part of this stringent check process in order to gauge if progress has been attained within specific time windows given by developers over time.
5. Finally, daily portfolio monitoring updates keep investors up-to-date with developments taking place across each vertical which ensures superior transparency and trustworthiness within our system contained inside an easy-to-use interface
As part of AltVote’s core services offered, we have added an upvoting option so users can express their interest and opinion towards particular tokens listed on the platform. Any manipulation with votes, through bots or shady networks will not be possible. The votes will show a realistic state of the size of the community and the trust the token has earned so far.
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