Incorporated in Kenya and Singapore, AllenHark Group has launched a presales initial coin offering (ICO) to build its AllenHark Terminal (HRK), a hardware and software subscription-based platform to provide crypto-traders with real-time data, aggregated news and trading reports to help them track and double returns on their investments.
The Group is selling 1,000,000 tokens at $0.25 each with 50% bonus in its presale ICO to raise $250,000. The HRK ICO presale starts today November 6th and runs until November 19th 2017.
“We are building AllenHark Terminal, the world’s premier 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.
AllenHark’s 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.
With algorithms, human researchers and editors, the terminal will curate and create real-time data, reports and news to keep investors in the know and help them increase returns on their cryptocurrency investments.
“We are not just a data vending and a real-time cryptocurrency news provider,” Gitonga said, “but the professional standard for cryptocurrency and digital assets trading, risk management and compliance.”
“It’s like Bloomberg Terminal but for cryptocurrencies. 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 $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.
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.
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 deliver cloud-based core banking applications for firms in BRCS and emerging markets 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.