Alpha Transform Artificial Intelligence Index (AAI), Powered by the Alvara Protocol ERC-7621 Token Standard, Releases Earliest Performance Metrics for High-Performance AI Tokens
Alpha Transform Research, a leading blockchain research firm operating as an Alpha Transform Holdings’ subsidiary, today announced the release of the first performance metrics from its Alpha Transform Artificial Intelligence Index (AAI), which utilizes the brand new ERC-7621 Standard built by the Alvara Protocol. The index, launched at a base value of 100 on January 1, 2024, undergoes monthly rebalancing to maintain its relevance and accuracy.
AAI aims to be a benchmark for the crypto AI sector. The AAI measures the performance of leading AI tokens based on strict criteria and it features 20-30 tokens selected for their market capitalization, trading volume, and presence on reputable exchanges. For inclusion, tokens must have a $20 million minimum market cap, average daily trading volume over $500,000, and be listed on recognized Tier 1 or Tier 2 exchanges.
By the end of January, AAI had outpaced both equities and the broader crypto market, closing at 112.1, paced by Bittensor’s 76% return, attributed partly to Vitalik Buterin’s endorsement. For February, adjustments included new weights and the addition of four tokens, maintaining the index at 30 constituents.
“Much of the attention in early 2024 has gone toward the approval of BTC ETFs and the eventual rise of the BTC price itself to nearly all-time highs, but the AAI shows us that there might be even more reason to be bullish about the performance of key tokens tied to the emergent crypto AI sector” said Alpha Transform Holdings CEO Enzo Villani.
Utilizing the Ethereum blockchain, the Alvara ERC-7621 token standard that guides the AAI transcends the boundaries of both crypto and traditional finance, offering unparalleled flexibility and innovation for fund management. Under ERC-7621, every transaction and fund performance is visible to all, promoting trust, transparency, and merit-based management, allowing for instant diversification through pooling multiple crypto assets, while also reducing volatility.
About Alpha Transform Research
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Alpha Transform Research is provided by Alpha Sigma Capital Advisors, LLC, the Investment Manager for the Alpha Blockchain/Web3 Fund and Alpha Liquid Fund. Alpha Sigma Capital (ASC) investment funds are focused on emerging blockchain companies that are successfully building their user-base, demonstrating real-world uses for their decentralized ecosystems, and moving blockchain technology towards mass-adoption. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. Apply to receive research at www.alphasigma.fund/research.
About Alpha Transform Holdings
Alpha Transform Holdings (ATH) is a digital asset organization dedicated to ushering in the future of blockchain-powered Web3. With our deep knowledge and expertise, we invest in and advise innovative companies and decentralized projects that leverage blockchain technology to revolutionize traditional industries such as financial services, healthcare, media & entertainment, and more. We work closely with portfolio companies to drive value while creating outsized returns and are renowned for our detailed research on growing blockchain initiatives. Our mission is simple: to accelerate the mass adoption of distributed ledger technology through investments that provide impactful solutions with long-term sustainability. Our vision is an open, connected world powered by secure decentralized systems so that everyone can benefit from the new tech economy. https://www.alphatransform.io/
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