VerifiedFinancial Services· Founded 2020

Solalgo

During the Pandemic Lockdown of 2020 a series of zoom calls, emails and Whatsapp messages took place between a machine learning programmer in Spain and a business development executive in London. These communications were a result of a simple question that had arisen between these two friends which proved to be anything but simple in providing an answer. Using the knowledge of the businessman and the abilities of the programmer, an informal research and development project commenced to find a method to define the question, set down a process and establish a set of rules,(along with a series of procedural and financial calculations), that would formulate an algorithm capable of breaking down the elements that made any business successful and apply them to early stage businesses and conceptual business ideas. The size of such an undertaking became apparent with early results showing different levels of simplicity and complexity. The amount of information available, and seemingly necessary to meet the standard, was vast and required a decision to be made on how seriously to take this idea. The developed process allowed for early-stage businesses and business concepts to be translated into operational business strategies in an array of different markets and jurisdictions with varying levels of financial requirements and establishment periods considered. The next and vital step in the birth of Solalgo was how to fund these businesses. This is where SLGO crypto token comes in. By issuing a token that allows not only investors a very easy path to take part but also a way in which the businesses financed by Solalgo can provide real value to its shareholders by converting its profits/dividends into SLGO tokens and then immediately burnt so not only do you get a spike in price from the purchase, you also get the double hit with less tokens in circulation once again driving up the price. Ingenious don't you think?

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HeadquartersLondon, United KingdomEmployees3(1 to 10)Founded year2020Websitesolalgo.comLinkedIn profileLinkedIn

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