Advanced Parimutuel Options

Advanced Parimutuel Options

Created using Figma
Created using Figma
The APO platform allows participants to trade derivative instruments (options) without collateral and without risk of non-payment, unlike a centralized exchange. The platform automatically creates a smart contract for the auction, which lasts until the expiration date, and terminates after making payments to participants. The platform operates without option sellers. APO does not act as an organizer of these auctions, but performs the functions of developing, maintaining and upgrading the source code. Over the years, crypto-currencies have proven their worth, and in the future, perhaps many of the world's financial systems will be built on top of them. Now, the time has come for derivatives on cryptocurrencies to strengthen and stabilize the market. What problems does the APO solve? - Cryptocurrency selling short - Derivatives on cryptocurrency
Apr 25, 2018
May 23, 2018
100% completed
Raised funds - no Data
Goal 3 000 000.00 USD
Cap 7 000 000.00 USD
past
Token Details
Ticker
APO
Accepted Currencies
ETH
Company Details
Registered Country
United States
Additional Details
Platform
Ethereum
Categories
Platform, Cryptocurrency

About Advanced Parimutuel Options

The central part of the APO platform is a smart contract on the Ethereum network. The main functions assigned to it are:
- Guarantee of protection for participants
- Conducting the auction
- Acceptance and storage of premiums until expiration
- Keeping a list of option owners
- Execution of payments at the time of expiration
- Charging a commission for operations

The role of APO Finance is to develop and maintain the platform, ongoing maintenance and modernization. It does not have a role to play in securing funds, which distinguishes this platform from centralized exchanges where a collapse of the exchange causes default for the participants.

Trades on the platform have the following differences from centralized exchanges:
- There is no spread between bid and ask, due to the fact that there are no sellers.
- There is no risk of a stock market crash, since the common pool is on the Ethereum network and at the time of the auction exact payments are calculated in all situations.
- Purchase of new options can only be carried out during the auction.

In APO no margins are required - an ideal instrument for miners as well as investors to guard against a falling market.

The trading process is divided into two stages - auction and expiration. The platform does not participate in trading as an organizer, but does charge a commission for facilitating the trade, part of which will be distributed amongst the token holders

Advanced Parimutuel Options Roadmap

  • 1st quarter 2018

  • Development of a platform for attracting investments
  • 2nd quarter 2018

  • First phase of ICO
  • 3rd quarter 2018

  • Development of an auction platform
  • 4rh quarter 2018

  • Beginning of Beta Testing
  • Read More
  • 1st quarter 2019

  • Release of the system
  • 2nd quarter 2019

  • Improvement and optimization
  • 3rd quarter 2019

  • Beginning of Beta testing Option Marketplace
  • 4th quarter 2019

  • Release of Option Marketplace
  • 3rd quarter 2017

  • Theoretical development of the idea

Activity

Activity:
70
LOW
Posts:
1 134
VERY HIGH
Views:
9 157
HIGH
Activity:
70
LOW
Merit:
0
VERY LOW
Posts:
1 134
VERY HIGH
Views:
9 157
HIGH
Users:
306
HIGH
Followers:
565
LOW
Tweets:
93
LOW
30 Days Growth:
-1
Members:
196
VERY LOW
30 Days Growth:
-16

Advanced Parimutuel Options Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Genadij
Gerstein
unverified
Steven
Markov
unverified
Dmitry
Filyaev
unverified
Dmitry Taubman
Methodology and analysis
unverified
Emmanuel Livshits
PhD in Computer Science
unverified

Advanced Parimutuel Options Last News

N/A
5.0 1
ICO Profile Vision Activity Potential Product Team
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO