Y2 Q2 — Another quarter of growth for Hatchworks and Spectre.ai

Hatchworks, the team behind Spectre.ai and Betverse.io, are pleased to announce that their portfolio company Spectre.ai has delivered another quarter of user growth in Q2 of its second year, July to September 2019.

Spectre.ai is the world’s first fraud-free financial trading platform for users to trade “Digital Contracts” directly against a decentralised pool of liquidity. “Digital Contracts” are speculative trades on a prediction model resulting in pay-outs up to 90% with expiries from just 10 seconds to end of day (and as little as one second on certain assets). This growth continues Spectre.ai’s rise as the go-to alternative to the now very outdated forex, options and speculative trading platforms.

Y2 Q2 Results Figures:

• Active users on Spectre.ai by the end of this quarter was 2,331, with the number of registrations now exceeding 25,000
• Volume traded during this quarter — $1,448,735, up 4% year-on-year
• Volume traded since launch — $9,097,942 (still in line with our guidance range; this is now expected to ramp up considerably following the current transition to full-fiat)
• Once again, close to 200 traders used the SXUT token to upgrade their trading privileges
• Winnings paid out during this quarter — $586,429
• Decentralisation factor (since launch) — 1.99%

Highlights from Q2:

EPIC (Epochal Price Index Composite) — In a move designed to not only expand the variety of assets available to traders on the Spectre.ai platform, but to also introduce 24-hour trading, 7 days a week, 365 days a year (way ahead of roadmap), came EPIC. Aggregated data of past market movements displayed in a way that mimics live market data, EPIC allows users to make predictions and place trades in the same way as any other asset — but with expiries from just one second, making it the most fast-paced and exciting option on the Spectre.ai platform.

Hatchworks — In August Hatchworks officially commenced its long-term capitalisation process. This includes scaling up Hatchnet, its proprietary market insights platform, which entered alpha mode with basic access currently still free, and Hatchfunds, a series of regulated Unicorn and Yield funds that aims to democratize the opaque, VC investing process.

Betverse — the group’s unique skills-based regulated betting website (in closed beta) where users can bet real money on themselves in a range of popular mini, indie and big league games and earn as they play, attended two major gaming events to find developers to partner with, namely Gamescom in Germany and TGS in Japan.

GG Play — In partnership with Overwolf, GGPlay allows gamers to deposit money and face-off live in any p2p FPS, RTS, MMPORG or other type of games. GGPlay entered controlled beta to the Spectre.ai and Betverse communities.

Scheduled for Y2 Q3:

• Implementation of payment providers for full-fiat deposits and withdrawals. This will take place gradually over the next few weeks, with various options being added for different geographical regions. This is likely to include card, bank wire and PSPs such as Fasapay, Skrill, AdvCash and many more.
• Closed beta version of mobile app.
• API version 1.0 .
• Hatchnet beta version will be launched with basic and advanced access offering the world’s first market insight and investment research platform for investors.
• Betverse out of beta, including ongoing game onboarding.
• Spectre Exchange private launch — our own fully regulated exchange to make the process of buying and selling both SXDT and SXUT easier, quicker and safer.

Conference Call: The Spectre.ai management team will be holding a live, recorded conference call on Saturday, 26th of October, at 1:00pm GMT (2:00pm London time). To register: https://register.gotowebinar.com/register/3097950279770605324

Regulatory Notice: Spectre.ai is strictly closed to U.S citizens. Trading and investing involves high risk and you can lose all your money.