APO - Platform for trading of unsecured and riskless derivative instruments (options)

Image result for APO ico

Success to you loyal visitors of this blog, at this event I will explore thoroughly seuatu extraordinary project called APO. What is APO? let's just take a look at this review below.

WHAT IS APO?
Image result for APO icoAPO Is Advanced Parimutuel Option, APO Platform allows participants to trade unsecured instruments (options) and without risk of nonpayment, unlike centralized exchange. Platform automatically creates smart contracts for auctions, which lasts until the expiration date, and ends after making payments to participants.
The platform operates without the seller of the option. APO does not act as the auction organizer, but performs the development, maintenance and upgrading of the source code.

What is the underlying problem facing APO?

Today there are no shortcuts to short Bitcoin or other crypto currencies. The APO platform provides a platform for buying options in crypto currency, whether long or short!

The fact is that cryptocurrency does not correlate with others and is not tied to paper money. Therefore, it is not possible to make a short selling tool similar to what is currently on the market.

Any attempt to create options and futures for currency-crypto in centralized exchange leads to high collateral for futures (80-100% of the price of crypto currency itself), or a very high premium for options that make this instrument impractical.

The root cause of this problem is the fact that sellers (those who write options) can not protect their risks.

How is this solution unique?

This is a unique tool developed by a team that performs ICO
Part of the blockchain network in the form of smart contracts
No sellers of options are required
No warranty required

Why is solving this problem so important?

Lack of instruments such as options and futures make the market extremely vulnerable to fluctuations, (based on news or market manipulation) because participants have no way to hedge against price reductions.
The crypto-currency market is what is called an "incomplete market" - for us it is of high interest to solve this type of problem and to create a tool that does not violate the principles of the crypto currency community.

Who benefits from this solution?

The addition of crypto derivative currency instruments with payment guarantees on expiration date benefits all participants. As an example:

Miners can ensure against the risk of depreciation to maintain profitability
Individual traders can use the option to speculate about falling, as well as rising, prices
Companies that do ICO can protect cryptocurrency values raised during ICO so
will not be diminished by price fluctuations when they need to convert them into fiat money

THE BENEFITS OFFERED.

Transparency

All trade transactions are made through intelligent contracts that guarantee payment for all winners and provide pool monitoring.

Warranty
The APO platform does not require the seller's participation of options - the buyer pays the option directly to the pool, eliminating the risk of unfulfilled obligations.

Decentralization
The developed system is based on a smart contract in the detachment, which stores all information about the transaction.

Dividend
Platforms do not participate in trade as an organizer, but require a fee for their provision, some of which will be distributed among token holders.

Insurance
APO has no guaranteed cost - an ideal tool for miners and investors, protects against falling markets.

Flexibility
Each participant can make their own choice - from binary to exotic (at their own discretion) or using standards.

Spreads
On the APO platform, there is no spread between supply and demand, since no seller can raise the price to reduce the risk.

How it works?

Auction
The auction date is set one week before the expiration date. The frequency and duration of the auction will be determined during beta testing.
Platform plans to use standard expiration requirements for options:
2 weeks
1 month
3 months

Based on this, the frequency of the auction will depend on the closest contract expiration.

The main purpose of the auction is the calculation of bonuses and payments based on confirmed applications. Each participant creates the desired option or selects the desired template and introduces the strike price for a given currency (BTC or ETH). After that, the participant chooses the order type - market or limit and transfer the amount of money necessary to buy the option into a smart contract account.

Bargaining
This pool is formed when the auction is over and all claims are counted. After the transaction, each participant can sign in to his account via a website or mobile app and view the accrued options, and monitor his prices until they expire.

Expires
The execution date of the option is formed first at the auction, for example, at 12 noon on January 12, 2018. At the end of the day, the asset price is set (the price is determined by data from some large exchanges). On the basis of this price payment is made to the owner of the option. After expiration, each participant can check his / her account.

The platform operates without the seller of the option

APO does not act as the organizer of this auction, but performs the function of developing, maintaining and improving the source code

Over the years, crypto currency has proven its worth, and in the future, perhaps many of the world's financial systems will be built upon them.
Now, the time has come for derivatives on cryptocurrency to strengthen and stabilize the market.

The premium for that option is significantly lower than the payout in case of a win!

What does it mean for the cryptocurrency market?

The making of derivative instruments is a major step forward for the crypto currency market. They affect the nature of the market itself, provide stability and foster further growth.

Article on Reverse Parimutuel at MEDIUM
General description

The APO platform allows participants to trade derivative instruments (options) without collateral and without the risk of nonpayment, unlike centralized exchanges.

Platform automatically creates smart contracts for auctions, which lasts until the expiration date, and ends after making payments to participants.

Token

Sales Name: APO
Start: April 25, 2018, 10:00:00 am
End: May 23, 2018, 9:59:59 am
Acceptable currency:
ETH Token exchange rate: 1 ETH = 15,000 APO
Minimum transaction amount: 0.1 ETH
Soft cap: $ 3mln ~ 6,000 ETH
Hard cap: $ 7mln ~ 14,000 ETH

If at the end of soft hat sales are not achieved, each and every investor will get their money back.

Token Distribution
40% - ICO
25% - Reserve (locked for 12 months)
20% - Team (locked for 12 months)
10% - Private Investor
5% -

Bounty Of Token Function
To provide financing for platform development and marketing
Gives the right holder to receive the commission percentage collected by the platform
Discount:
Week 1 - 25% Bonus
2 Weeks - 15% Bonus
Week 3 - 5% Bonus
Week 4 - 0% Bonus

RoadMap

Q3 2017
Theoretical development of ideas
Q1 2018
Development platform to attract investment
Q2 2018
The first phase of ICO
Q3 2018
Development of auction platform
Q4 2018
Initial Beta Testing
Q1 2019
System release
Q2 2019
Improvement and optimization.
Development of systems for trading, in part, options and sales of designer options
Q3 2019
Initial beta Marketplace testing options
Q4 2019
Option market release

TEAM


So the explanation from me about APO, hopefully useful and can help you to immediately join this project. If you have any questions with this project, you can follow some of the following APO official links:


By AUDREY23

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