APO - Advanced Parimutuel Options

APO Is Advanced Parimutuel Option, APO Platform allows participants to trade unsecured instruments (options) and without risk of nonpayment, unlike centralized exchange. Platform automatically creates smart contracts for auctions, which lasts until the expiration date, and ends after making payments to participants. The platform operates without the seller of the option. APO does not act as the auction organizer, but performs the development, maintenance and upgrading of the source code.

Transparency

All trade transactions are made through intelligent contracts that guarantee payment for all winners and provide pool monitoring.

Warranty

The APO platform does not require the seller's participation of options - the buyer pays the option directly to the pool, eliminating the risk of unfulfilled obligations.

Decentralization

The developed system is based on a smart contract in the detachment, which stores all information about the transaction.

Divide

Platforms do not participate in trade as an organizer, but require a fee for their provision, some of which will be distributed among token holders.

Insurance

APO has no guaranteed cost - an ideal tool for miners and investors, protects against falling markets.

Flexibility

Each participant can make their own choice - from binary to exotic (at their own discretion) or using standards.

Spreads

On the APO platform, there is no spread between supply and demand, since no seller can raise the price to reduce the risk.

How it works

Auction

The auction date is set one week before the expiration date. The frequency and duration of the auction will be determined during beta testing.

Platform plans to use standard expiration requirements for options:

2 weeks
1 month
3 months

Based on this, the frequency of the auction will depend on the closest contract expiration.

The main purpose of the auction is the calculation of bonuses and payments based on confirmed applications. Each participant creates the desired option or selects the desired template and introduces the strike price for a given currency (BTC or ETH). After that, the participant chooses the order type - market or limit and transfer the amount of money necessary to buy the option into a smart contract account.

Bargaining

This pool is formed when the auction is over and all claims are counted. After the transaction, each participant can sign in to his account via a website or mobile app and view the accrued options, and monitor his prices until they expire.

Expires

The execution date of the option is formed first at the auction, for example, at 12 noon on January 12, 2018. At the end of the day, the asset price is set (the price is determined by data from some large exchanges). On the basis of this price payment is made to the owner of the option. After expiration, each participant can check his / her account.

Details of ICO

Nama Token - APO

Token Type - ERC20

ICO Start - April 25, 2018 at 10:00 AM UTC

ICO Ends - May 23, 2018 at 09:59:59 AM UTC

Soft Cap - 6,000 ETH

Hard Cap - 14.000 ETH

Token Rate

1 ETH = 15,000 APO

Minimum Transaction Amount - 0.1 ETH

Tim

Dmitry Taubman

Methodology and analysis

Holds a master's degree from the Institute of Technology. Is the system creator for dynamic pricing options. He was involved in capital market studies and became a co-author of patents in the United States.

Dmitry Filyaev

Development of core platform

Has a MEPhi master's degree, as well as years of experience working with financial instruments. Specialist in server-side and mobile app development.

Steven Markov

Blockchain Technology Development

Specialists in the development of high-volume real-time financial systems, as well as user interface design for apps, including web and mobile.

Genadij Gerstein

Platform Architecture

Has a master's degree in Computer Science and over 19 years experience in software design and development for payment systems and banks.

Emmanuel Livshits

PhD in Computer Science

APO Consultant in the field of development of derivative instruments for the crypto currency market. He published scientific papers since 1964 in the field of combinatorics, automated theory and graph theory, has a number of scientific projects in the fields of discrete optimization, static modeling, etc.