Last Update
Feb 12, 2018
Purpose and characterization
Accord Organization is introducing an open source crypto token, named Accord, which is envisioned for use in Accord Hedging Platform (AHP). Accord will be the unit of account for all economic transactions within the AHP. In character, Accord is a pure cryptocurrency of fixed supply. However, as described below, only a portion of the Accord (ARD) supply will become liquid in the crowd sale, as rest of the ARD supply is reserved for the Accord organization and incentive distribution. Like other cryptocurrencies, units of ARD are fungible and transferable, and they will be expected to trade on well reputed cryptocurrency exchanges.
Implementation: Ethereum and ERC20
Accord will be implemented on the public Ethereum blockchain as an ERC20 token. The Ethereum blockchain is currently the industry standard for issuing custom digital assets and smart contracts. The ERC20 token interface allows for the deployment of a standard token that is compatible with the existing infrastructure of the Ethereum ecosystem, such as development tools, wallets, and exchanges. Ethereum’s ability to deploy Turing-complete trustless smart contracts enables complex issuance rules for cryptocurrencies, digital financial contracts, and automated incentive structures. These advanced features and active ecosystem make Ethereum a natural fit for Accord.
Accord’s Vision
The first step is to create a new cryptocurrency: Accord (ARD) a primary currency for Accord Hedging Platform (AHP). The word “Accord” is conveying a meaning “To grant someone a power”. For a cryptocurrency to be viable it must also be useful and valuable, to fulfill that purpose initially we have announced an innovative platform for crypto currency day trading.
AHP is giving cryptocurrency traders a power to minimize trade risk in long term and short term trades.
“Creation of a flexible token, to stabilize the crypto trading”
Cost Efficiency
Options have great leveraging power. As such, an investor can obtain an option position that will mimic a digital asset position almost identically, but at a huge cost savings.
Less Risk – Fixing the technical problem in stop-loss order
Options can be less risky for investors because they require less financial commitment than equities (owned digital assets), and they can also be less risky due to their relative imperviousness to the potentially catastrophic effects of gap openings.
Higher Potential Returns
You don't need a calculator to figure out that if you spend much less money and make almost the same profit, you'll have a higher percentage return. When they pay off, that's what options typically offer to investors.
More Strategic Alternatives
The final major advantage of options is that they offer more investment alternatives. Options are a very flexible tool. There are many ways to use options to recreate other positions. We call these positions synthetics.
Synthetic positions present investors with multiple ways to attain the same investment goals, and this can be very, very useful. While synthetic positions are considered an advanced option topic, there are many other examples of how options offer strategic alternatives
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Attention. There is a risk that unverified members are not actually members of the team
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.