Market
Problem that it solves
HedgeTrade aims to address the shortcomings that exist on today's prediction trading platforms through token-based incentivization.
Customers
Users and customers include both novice and professional digital asset traders.
Value creation
HEDG adds value for both novice and professional traders by allowing professionals to build their reputation and novice traders to emulate their trading habits
Market structure
HedgeTrade will serve a market that is very concentrated as it is focused on digital asset traders.
Market size
The digital asset trading market is small but growing.
Regulatory risks
HEDG could undergo more scrutiny than other digital tokens since it is directly involved with trading and predicting digital markets.
Average Market Score
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Competitive Advantage
Technology/blockchain platform
HedgeTrade is an ERC20 token on the Ethereum blockchain.
Lead time advantage
Social trading platforms and prediction markets have been around for some time. However, HedgeTrade's solution is new and innovative. Therefore, it does have some leadtime advantage for its very specific offering.
Contacts and networks
The project has only been around for a few years and its team is not as recognizable as others in the industry. However, they do offer plenty of experience in their fields of expertise.
Average Competitive Advantage Score
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Management Team
Entrepreneurial Team
The HedgeTrade team has a record of success in other industries including finance, IT, venture capital, and others
Industry/technical experience
HedgeTrade has been around since 2018, so the team may not yet have the necessary 10,000 hours of experience, although they may be getting close.
Integrity
The team behind HedgeTrade appears to be as honest and transparent as possible.
Average Management Team Score
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Token Mechanics
Token required
HEDG tokens are used as rewards for successful predictions by traders on the platform. However, another token could also be used for this function.
Value added
The token adds value by incentivizing traders to share their trading insights and information with other, less experienced traders.
Decentralized
HEDG tokens can only be purchased on the company's platform using bitcoin. That is a very centralized model.
Token supply
HedgeTrade has a token supply of 1,000,000,000 tokens.
Public exchange
HEDG is on a few popular exchanges, but not as many as we would like.
MVP
The platform is live and has an active user base.
Average Token Mechanics Score
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User Adoption
Technical difficulty
HedgeTrade may be somewhat difficult to understand for novices in the trading space but as it is open for beginners and advanced traders, the platform has been able to recruit users.
Halo Effect
HedgeTrade has partnerships with BlockStrat, the University of Calgary, and the Singapore Fintech Association
Buzz
The platform doesn't quite have the following you might expect in the world of digital assets and does not generate the same buzz as other leading blockchain projects.
Average User Adoption Score
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Overall Score
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