WHAT IS APO?
APO 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.
About Advanced Parimutuel Options
The middle part of the APO platform is a smart contract on the Ethereum network. The main functions assigned to it are:
– Guarantee protection for participants
– Conducting auctions
– Acceptance and storage of premiums to expiration
– Save the list of option owners
– Execution of payment on expiry date
– Filling out commissions for operations
APO Finance’s role is to develop and maintain platforms, ongoing maintenance, and modernization. It has no role to play in securing funds, which distinguishes this platform from centralized exchanges where a collapse of exchange causes a default for participants.
Trading on platforms has the following differences from centralized exchanges:
– No difference between bid and demand, due to the fact that there is no seller.
– There is no risk of a stock market collision, since public pools are on the Ethereum network and at the time of auction payment is calculated in all situations.
– New option purchases can only be made during the auction.
In APO, no margin is needed – an ideal instrument for miners and investors to keep up with falling markets.
The trading process is divided into two stages – auction and expiration. The platform does not participate in trade as an organizer, but does not charge commissions to facilitate trade, some of which will be distributed among token holders.
How does it work?
The APO option trading platform is a suite of apps for iOS, Android and Web connected via authentication server to decentralized (Dapp) app on Ethereum network.
Sales Details of APO Tokens
Name: APO
Start: April 25, 2018, 10:00:00 am
End: May 23, 2018, 9:59:59 am
Acceptable currencies: ETH
Tokens 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
Distribution Tokens
40% – ICO
25% – Reserve (locked for 12 month)
20% – Team (locked for 12 month)
10% – Private Investors
5% – Bounty
Bonus Discount for contributors:
1st Week – 25% Bonus
2nd Week – 15% Bonus
3rd Week – 5% Bonus
4th Week – 0% Bonus
Road Map
Q3 2017
Theoretical development of the idea
Q1 2018
Development of a platform for attracting investments
Q2 2018
First phase of ICO
Q3 2018
Development of an auction platform
Q4 2018
Beginning of Beta Testing
Q1 2019
Release of the system
Q2 2019
Improvement and optimization.
Development of a system for trading, in part, of options and sale of designer options
Q3 2019
Beginning of Beta testing Option Marketplace
Q4 2019
Release of option marketplace
The Amazing Team
For more information, please visit the link below:
Website: https://apofinance.io/
Whitepaper: https://apofinance.io/files/whitepaper.pdf
Slack: https://apofinance.slack.com/
Twitter: https://twitter.com/apofinanceico
Telegram: https://t.me/apofinancegroup
Ann Thread: https://bitcointalk.org/index.php?topic=3207939.0
Whitepaper: https://apofinance.io/files/whitepaper.pdf
Slack: https://apofinance.slack.com/
Twitter: https://twitter.com/apofinanceico
Telegram: https://t.me/apofinancegroup
Ann Thread: https://bitcointalk.org/index.php?topic=3207939.0
Bitcointalk Username: KidsJamanNow
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879
Postingan
Tidak ada komentar:
Posting Komentar