Rhea Token ICO

Rhea Token ICO

Created using Figma
Created using Figma
Rhea is a revolutionary crypto-equity hybrid. Our main mission is to create a clear synergy between the worlds of finance and cryptocurrencies. Rhea will enable multiple ways of hedging, speculating and investing without holding any individual currency.
Risk: High
Oct 2, 2017
Oct 30, 2017
100% completed
Raised funds - no Data
Cap 50 000 000.00 RHT
past
  • 1 RHT
    =
    0.001 ETH
Token Details
Ticker
RHT
Company Details
Registered Country
Bulgaria
Additional Details
Categories
Platform, Cryptocurrency

About Rhea Token ICO

The Rhea Crypto20 index is the best representation of the crypto world's performance. By combining the top 20, we create a less volatile product with smooth patterns. Less volatility means a safer investment!

Cryptocurrencies such as BTC and ETH have tremendous potential for growth, but are fully exposed to sharp price drops. Investing through the Crypto20 offers a more stable alternative. Options give the opportunity to profit from sharp market corrections.

By trading options on the Crypto20, you can speculate or hedge on the crypto market. Buying and selling options permits investors to monetize their broader view on the market, or vastly reduce their risk exposure. The options platform will offer European calls and puts with maturities from 1 week to 1 year and a wide range of strike prices.

Based on Rhea's transaction fee structure, Bob will pay $2.84 to acquire a $300 put option. Following the drop in BTC, Bob's put option will limit his total loss by $63.16. His RHT/BTC portfolio has experienced a 2.6% loss, compared to the 9% lost in the BTC-only portfolio. The Rhea platform will enable hedging of downside risk - a game changer in the world of cryptocurrencies.

This was just one of many uses for the Rhea platform. Options on the Crypto20 represent an indirect holding in cryptocurrencies, which significantly reduces the effect of a single price drop. In addition, options give the flexibility to customize the size and duration of your exposure.

ICO Campaign

Rhea’s ICO is divided into 5 stages each with a different discount factor. The maximum available supply will be 50 million tokens, 85% of which will be offered to investors. The remaining 15% will be used for liquidity provision and long term reserve. We strongly believe in fair dealing, which is why we will not retain any tokens for the founding team.
The ICO will be considered successful when 5.5 million RHT (12.5% of the maximum supply) are sold to investors. We consider this the minimum liquidity threshold to efficiently operate the trading platform.

Features

By trading options on the Crypto20, user will be able to speculate or hedge on the crypto market. Buying and selling options permits investors to monetize their broader view on the market, or vastly reduce their risk exposure. The options platform will offer European calls and puts with maturities from 1 week to 1 year and a wide range of strike prices.

Technical Info

Technical details:  The Rhea token is ERC-20 compliant and its Token Generation Event (TGE) differs from altcoins offerings, not created on the Ethereum blockchain. The source code:  The code of the product is not available.

Rhea Token ICO Roadmap

  • 30.10.2017

  • ICO is over
  • 30.11.2017

  • Token distribution
  • 15.03.2018

  • Options platform is operational
  • 01.05.2018

  • Full historical index information and data download availability
  • Read More
  • 01.06.2018

  • Introducing option greeks
  • 01.08.2018

  • Cryptofund launched if full target is met

Activity

Activity:
42
VERY LOW
Posts:
74
VERY LOW
Views:
4 273
MEDIUM
Activity:
42
VERY LOW
Merit:
0
VERY LOW
Posts:
142
LOW
Views:
3 708
LOW
Users:
72
LOW
Year commits:
0
Watchers:
0
Stars:
0
Forks:
1
Open issues:
0

Rhea Token ICO Team

Verified 0%

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

Detelin Sertov
Co-Founder
unverified
Georgi Kirilov
Co-Founder
unverified
Vesselin Antonov
Lead Developer
unverified
Martina Chikova
Design Expert
unverified
Lyubomira Naneva
Marketing Specialist
unverified
2.60
risky
5.0 8
ICO Profile Vision Activity Potential Product Team
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