OptiToken

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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.
optitoken
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.

Team

Sean Donato

Founder and CEO

John DeGiacomi

Business Manager & Asset Pricing

Sebastian Richard

Senior Software Engineer. Full-Stack Developer

Himank Varshney

Marketing and Analytics


OptiToken Advisors

Alec Hahn

User Experience and Financial Institution Relations Founder of Bitcoin42 and developer at BitHalo

Theo Goodman

Founder DegenBet.com

Milestones

November, 2017
Launch of testnet tracking gains and gathering data for use in the final algorithm. Initial starting team assembled - including one dev, one business developer/project manager, one quant and legal team.
December, 2017
Launch of website and initial press releases and marketing strategies. Launch of social media channels to start building a community.
January, 2018
Targeting and acquisition of initial investors. Launch of ANN, white-paper to follow soon. Onboarding of further help and developers. Further development of BETA testing algorithm infusing more funds and growing initial fund.Acquisition of advisor team.
February, 2018
Final draft white paper released.Further onboarding of advisors and team. Further development on algorithm and any user interfaces phase 1, wallet etc.
March 2018,
Token sale marketing and PR campaign. Begin coding and mplementation of backend testing interface on exchange.
April, 2018
ITO: 90 days. Start work on algorithm.
May, 2018
BETA launch on exchange(s), growing the fund right away after 1 month of gathering funds. Funds will not sit idle but instead go right to work after a month. Further work and optimizing of algorithm and security. ALPHA interface launch on Exchange(s) and continued token sale push.
June, 2018
Last month push of token sale and continued business development and second addition of ITO sales to fund.
JULY, 2018
After the token creation event is finished, distribution of tokens to ITO buyers. Begin the purchasing of tokens phase on exchange(s) for buy pressure of OptiToken with profits to date and then the addition of remaining ITO funds to the fund.
Summer, 2018
Creation and testing on any 2.0 user interfaces. Continue to grow find and improve algorithm, possibly starting an integration of machine learning.
Onward
Continue growth driven operations along with searching for new ways to improve e.g. do we incorporate pre-sale discounts since there will be ability to buy the minimums? This can be very interesting strategy in times of an overbought market.

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