Alluva is a blockchain based cryptoassets rating and prediction app. Users can sign up to create their account and log in their predictions on cryptoasset prices every day.
What can you tell me about the Alluva team?You can find more details on the team behind Alluva at alluva.com
When will the app be launched?The app was launched the in June 2019.
Why does Alluva need Blockchain? What does the blockchain offer that offline tech can’t provide?The inclusion of blockchain ensures that Alluva incorporates the strongest part of crypto investment - its community - and also ensures absolute transparency so that the reward allocation is open for anyone to review and remains fair.
Sign Up on the Alluva app at app/alluva.com and start submitting your predictions! With our simple interface, making predictions is extremely easy. You just have to choose your currency, duration of prediction, and out in the predicted value. For more details, visit alluva.com
How many predictions can I make?Each user can make one prediction per cryptocurrency and per duration. To begin with, 10 different crypto currencies are available, as well as four different time periods: 1 Week, 1 Month, 6 Months and 12 Months. Each combination of duration and currency will be active multiple times each month, and every correct prediction is rewarded, so check in often to make sure you are able to participate in every round.
How are the rewards for predictions allocated?The predictions are rewarded based on:
· Whether or not the prediction was correct, only predictions within the allowed margin get rewarded.
· The market cap of the currency predicted, larger market cap means bigger rewards.
· The duration of the prediction, longer term predictions have bigger rewards.
· The number of people who got the prediction right, all users that get a prediction right share a pool for that round.
Where can I make these predictions?You can make predictions on the Alluva app, which is available at app.alluva.com
What is my reward for correct predictions?Alluva rewards correct predictions by giving users points which can be used to unlock upcoming features in the app, or to redeem services from Alluva’s partners.
When can people start using the product?Alluva went LIVE in June 2019 and is already available to use at app.alluva.com
Do I have to pay to predict prices or set up an account on Alluva?No. Alluva is absolutely free to sign up to and use to predict cryptocurrency prices.
What if my prediction is not absolutely correct, but off only by a few cents / decimal points?Alluva allows for a predetermined margin of error for all predictions. The shorter the period of prediction (for example: 1 week) the smaller the margin of error allowed. The longer the period (example: 12 months) the larger the margin of error. Any prediction that falls within this margin, even if not absolutely correct, will be rewarded.
Who can use the Alluva DApp?Alluva can be used by experienced crypto traders, as well as those new to the sector. With an extremely simple interface, Alluva is easy for beginners too. We also have multiple periods for each prediction, so you can predict for as short or as long a period you want.
When can I create my account on Alluva?The Alluva app is LIVE. Go to app.alluva.com to Sign up and create your account.
When can I start predicting crypto prices on Alluva?You can start predicting cryptocurrency prices and earning rewards as soon as you create an account on Alluva.