RABOT CRYPTO, based in Hamburg, specializes in building and operating an algorithmic trading infrastructure, particularly in the area of decentralized finance and forecasting financial markets. They predict that as soon as algorithmic trading becomes available to the masses, the need for money will disappear and new forms of social coordination will become possible. Your goal is to actively work towards that future. Our interview with founder Bruno Zell takes a look at the inspiration behind their service and vision.
When did you start?
In October 2021, we have the RABOT CRYPTO GmbH founded.
What type of service do you offer?
First, we are developing an internal trading infrastructure for proprietary trading in crypto markets. At the same time, we are writing a paper “The Intelligent Agent” which formalizes the essence of the trading algorithm in order to then (1) offer a SaaS trading platform, and (2) build a crypto network ask.network with the aim of making coordination between people more effective and efficient in the form of a global, decentralized economy.
How did you come up with the idea for your service?
After we built a trading system for the German electricity market and then adapted this to crypto markets, the decisive trading algorithm has been generalized in such a way that action and effect can be negotiated directly without having to assign a scalar price to products or services.
How did you hear about Tokenize.it?
A friend in w3.hub pointed me to Tokenize.it after he tokenized his GmbH.
What prompted you to use this type of fundraising?
Several reasons:
- The ergonomics of a private offer are great. Minimal costs, clear user interface and accelerated deal flow.
- Company shares that are posted on a blockchain can continue to be used for token gating purposes, which combines ownership of a company's capital and access to the company's services, thus combining the value of both.
- As a high-risk (crypto) business, our bank account was closed and this type of capital raising is the only one that legally allows an investment in a unit other than the euro.
What was the reaction of your investors to the introduction of GmbH tokens?
The first question was what prevents me as a founder from selling myself tokens, especially when I can freely choose the price. There was also skepticism about the possibility that potentially everyone could acquire shares of companies. I am sure that the initial reluctance will quickly be forgotten as soon as you (1) study the legal texts and (2) see the benefits of a secondary market and digital accounting in action.
