The Pareto Network is a service for incentivizing the generation and sharing of information about tradable opportunities in cryptocurrencies and related assets. It is designed to elevate information about market inefficiencies and promote more accurate price discovery. What that means is that it should steer the markets toward the correct pricing of these assets. It replicates the function of research desks at investment banks, providing a flow of information that anyone can access, and aligns economic incentives to promote that reality.
The Pareto platform and ecosystem aims to create value through increasing the overall efficiency of cryptocurrency markets. This has several aspects to detail. Prospective users of the Pareto Network must purchase Pareto tokens (PARETO) in order to access the Pareto Network. By means of its voting/reputation-driven rewards mechanism, the Pareto Network encourages the production of actionable market information and helps Pareto token users filter noise from meaningful information. More subtly, through its taxonomies and organization of information feeds, the Pareto Network will play a role in structuring the types of information produced and advancing the level of understanding of cryptocurrency investment analysis.
The infrastructure of the Pareto Network was designed after researching the ideals, shortcomings and advantages of other blockchain token offerings over the last half a decade. Failing to address or align the economic incentives of the target market participants hampered the execution of many projects.
The philosophy of the Pareto Network can be extended to existing and future cryptoasset offerings to attract capital to this space and realize the shared ideals of evolving the finance sector and the world around it by proxy.