OPTITOKEN: AN ALGORITHMICALLY TRADED HYPER-DEFLATIONARY CRYPTOCURRENCY
INTRODUCTION
OptiToken is a hyper-deflationary cryptocurrency, supported by an automated tokenized portfolio that utilizes professional trading techniques and economic strategies for token value optimization like strategic buy pressure and supply scarcity. The project was launched in November 2017.
The project aims to create profits from this ongoing series of trades and infuse it into the market(s) of OptiToken itself to provide constant sporadic upward price pressure.The tokens purchased are then destroyed by sending them to an un-spendable address to create ever growing scarcity in the token supply and disallow the tokens from re-entering the ecosystem as ‘sell pressure.’ The remaining OptiTokens will gain value each time this cycle occurs.
ABOUT ALGORITHM TRADING
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.
TOKEN
OptiToken($OPTI) is an ethereum ERC20 token, which derives its value from an underlying portfolio and the price support created through careful buy pressure induced by buying OptiToken directly on listed exchange(s) with the profits of trading said portfolio. The ICO is scheduled for April 2018
(ICO) INITIAL COIN OFFERING
Sale Period: Q2 2018
Token Type: ERC20, Ethereum Blockchain
Maximuim Supply: 280.000,000 OPTI
Available for Purchase: 196,000,000 OPTI
Hard Cap: 24,000,000 Euro
Soft Cap: 225,000 Euro
FOR MORE INFORMATION CONTACT
Website:https://optitoken.io//
WhitePaper: https://optitoken.io/White_paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2974794.0
Published By: Okoye Stephen (Eth-Jackcoin)
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1050377
Address: 0x351528bb5d098aFc5495058DBb219e7F30a1573F
