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Welcome to the second Coin Report. This report provides an extensive examination of the fundamental and technical strength of ALQO. If you missed the first Coin Reportwhich covered GeoCoin, you can find it. In that first report, I spent some time introducing and explaining the framework for this series of posts, so new readers may find it useful to at least take a quick look at those opening paragraphs to get an idea of what they can expect from the lengthy altcoin traders reddit that follows. The first Coin Report was incredibly well-received, and the process teddit writing it was not only invaluable to myself but also seems to have been rather tradfrs altcoin traders reddit many of you. I hope this report on ALQO lives up to scratch. I first found out about it early this year, but found that the project was a little too expensive to get involved in, and thus trders interest in it faded and I forgot about it for many months.

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Series: Long-Term Strategy #Hodl

Welcome to the second Coin Report. This report provides an extensive examination of the fundamental and technical strength of ALQO. If you missed the first Coin Reportwhich covered GeoCoin, you can find it. In that first report, I spent some time introducing and explaining the framework for this series of posts, so new readers may find it useful to at least take a quick look at those opening paragraphs to get an idea of what they can expect from the lengthy report that follows.

The first Coin Report was incredibly well-received, and the process of writing it was not only invaluable to myself but also seems to have been rather informative to many of you. I hope this report on ALQO lives up to scratch. I first found out about it early this year, but found that the project was a little too expensive to get involved in, and thus my interest in it faded and I forgot about it for many months.

Then, July came around, and I noticed that ALQO had dropped off towards pre-euphoria levels much like the rest of the marketand so I picked up my first. Fast-forward to today, and I am still buying. I had done my usual amount of fundamental research and I knew I loved the chart; but, having learnt a lot about GeoCoin that I was previously unaware of after writing my first Coin ReportI figured that it would be useful to do a deep-dive on ALQO, and garner as full an understanding as I possibly could about an altcoin I thought showed huge upside potential.

There is, indeed, much to talk about concerning ALQO, given its grand ambitions and the extensive portfolio of current and future developments.

I hope the following report will prove as exhaustive as that first report, if not more so. ALQO was launched in Novemberand, as such, has only experienced one full market cycle, with the peak coming in mid-January. Further, the initial Proof-of-Work stage has recently ended, with a transition to Proof-of-Stake occuring around 80, blocks ago.

As a project, ALQO has ambition, to say the. Unlike GeoCoinwhich was very much focused on a micro-niche, ALQO is targeting on the grandest of scales; with the aim being global acceptance as a means of payment and the development of a comprehensive financial and cloud services ecosystem. Big dreams require equivalent talent, consistency and no small amount of luck. Below are listed numerous metrics of significance, which I will analyse and evaluate at the end of this section.

Firstly, it is important to note that these metrics are accurate as of 24th October Secondly, if any of the terms or figures seem unfamiliar or confusing, there is a short passage with explanations of the following metrics in the Metric Analysis section of the GeoCoin report, which you can find. It is also not possible to find out the Network Staking Weight. In short, they need a more useful explorer or a wider range of explorers to choose. Staking ROI Annual : Block Reward Schedule: second blocks.

Circulating Supply in 1 Year: 64, different to reported max. Given the goals of the ALQO project, one would have to say that one of the most insightful metrics concerning means-of-payment is unfortunately missing from the list. But given that this information is very difficult to determine due to the limited functionality of the sole ALQO block explorer, we must, regretably, move on.

There is plenty to talk. Supply Minted. This, as should be evident, means that remaining supply emission is severely limited, and thus the headwinds for appreciation are barely noticeable. In that time, a little over 3 million XLQ are estimated to be minted; the equivalent of That equates to an average daily supply emission of 1. This suggests that the current level of demand is very much likely to soak up the remaining 81 days-worth of supply prior to the final block reward stage beginning at block Now, if you thought 5.

This all speaks volumes for the upside potential of ALQO. As a speculator, I seek opportunities for maximal profit with minimal risk, usually over the course of many months, if not over a year. These figures present that opportunity, in my opinion.

Where I find some room for improvement, concerning the General metrics, is in the Volume-to-Network Value ratios. As with GeoCoin in the previous report, these figures are much lower than I generally like to see, but, given that we remain in a macro bear market though signs of reversal are beginning to appearthis is somewhat forgiveable.

And, before we move onto the metrics concerning masternodes, I think the 0. TheXLQ from the premine are scheduled to be burned in about a week, according to the whitepaper. Okay, so the General metrics and the supply emission schedule seem to be pointing towards a promising opportunity, at least on the mathematical front if not the fundamental.

This equates to roughly half a million dollars-worth of ALQO being bought in the previous month for the express purposes of running a masternode. Further signs of strength being exhibited. However, where ALQO as a project continues to show weakness is in its explorer functionality… I was unable to determine network staking weight using either the local wallet, ALQO block explorer or the staking-specific though very limited explorer linked in the Discord group.

Finally, we come to the Distribution metrics. My apologies for these being sparse, but, once again, the block explorer has let us. Rich-lists are unavailable and the only distribution figures available are those concerning supply held by the top addresses. I had a similar problem in the last report with the lack of rich-list analysis. Anyway, let us make do with what we have, and what we have is as clear a picture of the definite decentralisation of ALQO as one could.

The top addresses control a mere Oh. There are two primary aspects of community analysis: social media presence and Bitcointalk threads. Concerning social media presence, there are five main platforms to examine: TwitterFacebook, Telegram, Discord and Slack.

Slack seems to be going out of favour with the crypto-community, in general. This is promising. For that single post, however, there was a 3. This is a mid-sized group for altcoins, as there are many projects that have groups of well over members at a similar age and network value to ALQO. The discussion is primarily support-focused, with community questions and concerns being raised by over 50 individual members over the past week.

These questions are promptly answered. I did also spot a little community input on future marketing campaigns, which was another promising sign.

There is clearly a very vocal community, and admins are incredibly responsive. This clear delineation between topics of interest is a big plus; all too often do I see groups with three of four channels, commonly named General, Announcements, Trading and Miscellaneous. Not very useful. There also appear to be a consistent stream of development updates and announcements, and project resources have their own channel for greater accessibility.

Overall, thoroughly impressed. After evaluation of the Discord group, it was always going to be difficult to find a similar level of constant engagement and discussion of ideas elsewhere, but the BitcoinTalk thread did well.

Having launched in November almost a year ago to-dateALQO has generated 84 pages of conversation, with posts. More recently, there have been posts by 52 individual posters in the past 90 days — a post-to-poster ratio of 2. Taking the entire history of the thread into account, ALQO generates an average of posts per month; an average they have fallen under of late. However, what was more promising was the overt statement-of-intent by the team to refocus attention on BitcoinTalk.

In general, conversation was community-led, focusing on support questions, as would be expected of a thread. Overall impression of the ALQO community is one of evident commitment and genuine excitement towards the project.

For the following Development analysis, I will be evaluating project leadership, the website, the roadmap, the whitepaper, the wallets and finally providing a general overview:. According to the website, there is a permanent team of 7, with 3 executives and 4 other members. Backgrounds seem strong across-the-board, particularly for the 3 leading members of the team. When taken into consideration with the strength and size of the community, I believe the project is in a strong position concerning leadership.

Regarding the content of the site, it is highly informative and clearly delineated, covering all possible topics of interest with links to further reading such as the whitepaper.

There is also a native forum, but I was surprised not to find a native blog, especially for a project like. The roadmap is certainly impressive relative to the roadmap we saw in the GeoCoin Coin Report. There is a history of goals and targets from the initial launch, and clearly defined, specific goals for the present and future. The whole roadmap is split by quarter, and short descriptions are provided for future developments alongside their project code-names to ensure user accessibility.

The roadmap goes well over a year into the future and exhibits a number of ambitious goals, such as the current launch of the Liberio wallet; the nearing launch of the Bitfineon exchange; upcoming integration of Zerocoin for anonymity purposes; a new and improved whitepaper; a payment processor; a smart contracts system; and real-world partnerships with financial institutions.

The team certainly seem to have hit all quarterly deadlines for historical goals, and with the imminent launch of both Liberio with full-functionality and Bitfineon, it seems they will continue to do so. Overall, a 4 out of 5. My first impression of the whitepaper was that it felt refreshing to read one that lacked all verbosity and unexplained technical jargon fluff, essentiallyand contained clear and concise material segmented by relevant chapters and sub-sections. This makes the whitepaper accessible to all, even the most tech-illiterate.

Any potentially unfamiliar language and terminology is explained and visuals are included to further ensure accessibility. The document clearly describes the aims of the project but I am not surprised at the upcoming whitepaper update, as this original document is much less ambitious than the current state of the project.

The goals set out are generic, primarily revolving around instant transactions with optional privacy; a far-cry from the present and future developments of a full financial and altcoin traders reddit services ecosystem, though inklings of these ambitions do exist in the whitepaper. Overall, the whitepaper is informative and comprehensive but simply out-dated. A solid 4 out of 5. The current available wallets are three local windows, Mac and Linux and a limited version of Liberio.

I believe the fully-functional version of Liberio, which will act as the central platform for the ALQO ecosystem, will be launched this quarter. There is a lot going on regarding ALQO. They have several interesting projects and developments ongoing, but I believe Liberio and Bitfineon will be the two most important releases for the growth of the coin. Why do I say this? This is significant for those of us concerned with price growth. This, however, does not take into account the fact that most of these exchange tokens do not offer a share in revenue for holders.

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