OptiToken ICO details
Start Date: 2018-2-13
End date: 2018-3-30
- Category: Cryptocurrency
- Token: OPTI
- Platform: Ethereum
- Type: ERC20
- Initial price: 1 OPTI = 0.12 EUR
- Bonus: week 1 and 2 0.12 EUR week 3 and 4 0.15 EUR week 5 and 6 0.18 EUR week 7 and 8 0.21 EUR final month 0.24 EUR
- Accepting: ETH
- Soft cap: 225000 EUR
- Hard cap: 24000000 EUR
OptiToken – An Algorithmically Traded Hyper-Deflationary Cryptocurrency
Algorithmic trading is a method of executing a large order (too large to fill all at once) using automated pre-programmed trading instructions accounting for variables such as time, price, and volume, to send small slices of the order – technically called child orders – out to the market over time. They were developed so that traders do not need to constantly watch a stock and repeatedly send those slices out manually. Popular “algos” include Percentage of Volume, Pegged, VWAP, TWAP, Implementation Shortfall or Target Close. In the past years, algo trading has been gaining traction with both retail and institutional traders. Popular platforms for algorithmic trading include MetaTrader, NinjaTrader, IQBroker and Quantopian.
Algorithmic trading is not an attempt to make a trading profit. It is simply a way to minimize the cost, market impact and risk in execution of an order. It is widely used by investment banks, pension funds, mutual funds and hedge funds because these institutional traders need to execute large orders in markets that cannot support all of the size at once.
The term is also used to mean an automated trading system, which do have the goal of making a profit.
Also known as black box trading, these systems encompass trading strategies that are heavily reliant on complex mathematical formulas and high-speed computer programs.
Such systems run strategies including market making, inter-market spreading, arbitrage, or pure speculation such as trend following. Many fall into the category of high-frequency trading (HFT), which are characterized by high turnover and high order-to-trade ratios. HFT strategies utilize computers that make elaborate decisions to initiate orders based on information that is received electronically, before human traders are capable of processing the information they observe.
Algorithmic trading and HFT have resulted in a dramatic change of the market microstructure, particularly in the way liquidity is provided.
Diversity: Hold a expertly curated and diversified portfolio of cryptocurrencies by owning a single token. Opti will be traded on major exchanges.
Algorithmic trading: Exposure to an algorithm that has consistently outpaced Bitcoin. Developed by crunching data from the work of professional traders. Will integrate machine learning.
24/7: Crypto doesn’t stop and neither will OptiToken. Constant, round the clock automatic trading to identify trends even when you are sleeping or busy. Stop staring at screens 24/7.
Low fees: The benefit of discount on buys/sells for high volume accounts, creating lower fees than self-managed portfolios.
Buy pressure: In every automatic buy cycle, a portion of the profits created will be used to buy OptiToken on the market thus providing upward price pressure.
Strategic Scarcity: A portion of the tokens bought back will be sent to an unspendableaddress that can be verified transparently. OptiToken will be the first project to use this strategy for the purpose of raising value for holders.
Transparency: The fund will be externally audited on an annual basis and as needed to maintain integrity for OptiToken holders. All movements can be tracked and verified using the blockchain.