INTRODUCTION.

Today's changing cryptographic market has made it imperative to address the issue of risk management and hedging options for cryptographic assets without delay. Traders are free to take long and short positions and to bet on both the upside and downside of the market, thus being able to diversify and optimise the performance of their portfolio, all thanks to the introduction of a very diverse and wide range of multiple cryptographic-based derivatives products, including Futures, Spreads, Swaps, Options and Crypto Indices. Moreover, trading in these financial instruments deepens market liquidity, effectively stabilising the prices of the underlying cryptographic assets.

Here, when the International Digital Asset Platform (IDAP) is created as the first stand-alone ecosystem for the cryptocurrency derivatives market. Within this ecosystem are the IDAP Exchange, the IDAP desktop application with advanced trading tools and, most importantly, IDAP cryptographic derivatives for trade and investment. Our goal is to become the most diverse marketplace for cryptographic derivatives for buyers and sellers, bringing together individuals and institutions that need risk management or are seeking to reap benefits through risk acceptance.

In this sense, the IDAP platform will present the comprehensive solution for traders. Benefiting from all the advantages of the traditional commercial market and distilling them to suit the cryptocurrency landscape, the IDAP ecosystem will provide a boost to the cryptographic market in the right direction. This platform will redefine the way exchanges operate and, by attracting more traders through our various product offerings, we will expand the group of participants by fostering greater market liquidity and thus contributing to their overall growth.

In addition, we have a team of professionals, with a prestigious academic background accompanied by a long period of experience in the best stock exchanges in the world such as CME and ICE, within the three pillars of success on which the IDAP ecosystem will be maintained. First, there is the wide range of IDAP product offerings including, but not limited to, cryptography-based futures, calendar spreads, butterfly spreads, American options, perpetual swaps, cryptographic indices and ETFs, which allow traders to hedge, speculate and invest, opening up a new realm of market possibilities.

Subsequently, there is the IDAP exchange, a trading platform with low latency, high availability, which hosts an Institutional Grade Adjustment Engine with implicit command system, advanced OMS & SOR capabilities and FIX 4.2/4.4 protocol for HFTs, created to be able to admit faults in your operations. Finally, IDAP's advanced data visualization and analysis tools are localized to help traders graph inter-daily and historical time series data to obtain information on market trends, facilitating immediate action and thus avoiding the need for end-of-day reporting.

THE PROBLEM.

When the IDAP Platform was designed, we basically considered the current offer in the cryptography market and what it would be offered to users in this sense.

1.- The lack of negotiation options.
A review of the cryptographic market showed a lack of offers for negotiation and little or no freedom for the trader to take a position that stems from a robust strategy using diversified financial instruments, based on advanced tools that streamline the process. In this regard, we decided to focus our core philosophy on incorporating the advantages of legacy trading offerings into today's crypto-currency market through the introduction of crypto-derivative instruments and powerful trading tools.
2.- Market opportunities
Within the growing economy of the cryptographic trade before us, there are countless opportunities. The current perspective of cryptography trading justifies making more options available to investors. With diversified trading instruments at their disposal, investors will have the freedom to hedge and speculate on cryptographic-based assets, while better performing against market volatility.
3.- Growth potential of the cryptocurrency market.
The fall of approximately 50% of its value by the end of 2017 after reaching the $800 billion mark, this growth potential in the cryptographic market was never lost and may for this year increase its potential to climb to new heights. From now on, the industry-wide consensus predicts that the capitalization of the cryptocurrency market will reach $1 trillion. By providing a high degree of freedom to its traders and investors, the market can promote this growth in leaps and bounds.
4.- Need for Derivative Products in Cryptography
Due to the age and size of the cryptocurrency market, the large increase in market capitalization is not a question of whether but when. In addition, the cryptographic market is far from mature. In line with these two factors, the market will benefit exponentially from the various trading and investment instruments that will win over large numbers of investors and traders to promote trading volumes and increase liquidity by expanding its pool of participants.
As stated above, the following weaknesses are shown:

A. Challenges of today's cryptographic trading ecosystem
The analysis of the existing commercial exchanges in the cryptographic market sheds light on the challenges they face today. The success of a market is closely linked to the exchanges that make up its ecosystem. In the case of cryptocurrencies, there are certain challenges that over resolution will accelerate the growth of the trading market and redefine the user experience when it comes to crypto trading.
B. Lack of mature trading systems.
The trading systems currently available in the cryptographic landscape are nowhere near their traditional counterparts. The maturity of cryptographic trading systems will be key, as the introduction of a derivatives market will increase users' choices on their own, which will require exchanges to account for these increased choices. Today's cryptographic platforms lack advanced graphics and visualization tools, offer little or no conditional automation of orders, have poor performance in a rapidly fluctuating market and high latency, which encourages transaction delays and therefore lost opportunities.
C. Security issues
Every digital system requires constant protection against hacks and cyber attacks. Exchanges must be vigilant, as malicious actors find new and innovative ways to channel exchange funds. Most exchanges have suffered cyber attacks that have resulted in billions of dollars in losses, so security measures need to be handled intelligently and consistently to protect against attacks. In this sense, standard procedures, defenses against digital attacks are strengthened by the investigation of extreme cases and the application of appropriate countermeasures. Most importantly, regular security review and updates are absolutely crucial.
D. Poor customer support.
Crypto's changes are perverse because of its poor customer support. Even those already established have not been able to solve customer problems quickly and efficiently. Customers are most often faced with challenges where the solution to their problems is slow and frustrating. Frequently asked questions and guidelines only placate a customer who needs a solution to their problems, and 24-hour customer service is unsatisfactory, as they remain overwhelmed by the volume of users who need a solution.

IDAP ECOSYSTEM - THE SOLUTION

The weaknesses outlined above are disturbing to customers at various levels and innovation is needed if the industry is to evolve towards a better user experience and greater freedom of choice.

For this reason, the IDAP platform is implementing diversified institutional-grade trading and investment instruments, complete with advanced trading tools, 24/7 customer support and world-class security.

Unlike all current exchange teams, which are developed mainly by technicians with very little experience of the financial markets, IDAP's team and advisors have a diverse exhibition, made up of highly successful traders, technocrats and entrepreneurs. The platform's team has practical experience in global exchange trading, market analysis, successful business operation and management, and customer service and support.

IDAP is dedicated to innovating in the cryptographic asset market with its new and ingenious features. The platform's advanced trading tools such as Trading Desktop, IDAP Ladder, IDAP Simulator, IDAP Spreader & IDAP Matrix, allow cryptographic investors to enjoy powerful and serious trading in this growing market.

In addition, trading and investment instruments need not be limited to traditional financial markets. To open up new and better business opportunities,
IDAP is passionately creating diversified financial instruments to operate with cryptographic assets.
The thrust of your cryptographic trading and investment operations is focused on a single platform. IDAP offers all solutions under one roof, from advanced analysis tools to a wide range of trading and investment products. With the ICO incubation programme and our ICO risk fund, the IDAP platform is "the ecosystem" for both upcoming startups and venture capitalists who want to engage in such projects.

The IDAP Platform offers a high benefit in the exchange of high performance digital assets, capable of handling a high volume of transactions with a high rate of uptime, making cryptographic operations perfect.

Despite the numerous products, tools and services, operating fees are the lowest: pay no fees for the purchase of IDAP tokens and get discounts on operating fees for various services using our native IDAP tokens.

All IDAP users like to trade in digital currencies, we are also passionate about meeting the challenges that exist in today's cryptographic marketplace. Offering excellent customer service and diversified cryptographic tools to advanced operations simulators and analytical tools.

Looking at the above graph, the IDAP platform has a wide range of possibilities to offer to all participants in the cryptographic market: all grades of investors and traders, as well as entrepreneurs seeking to raise capital.

ADVANCED IDAP TOOLS AND FEATURES

Below are the following tools and features of the IDAP platform that make us different from other exchanges in the market today.

1.- Desktop application
The IDAP platform will provide all its users with a Desktop Application, easy to use for traders, with customized features for a perfect trading experience. In conjunction with our flagship trading tool, the Desktop App, customers will also have access to our exchange through the trading application within the browser, as well as the mobile application. The complete list of features of our desktop application includes:

Order entry form that supports Market, Limit, Stop-Loss, Stop-Limit, Iceberg, Trailing stops, OCO, bracket and various other conditional orders.
Real-time market data graphs supported by generic and advanced technical analysis and indicators.
Account and position monitoring, order book, transaction history, fill portfolio, etc.
Customized market data layout, order and trade history, positions, charts and technical tools, other data elements and color schemes.

2.- IDAP Ladder
To help clients and professionals, IDAP is implementing the staircase trade to the cryptography market. As one of the key features of this cryptographic trading and exchange platform, IDAP Ladder will allow traders to view price action, best bid and ask, price and quantity of the latest trades, total volume traded at each price, high and low market points of the day, depth of market orders and various other critical trade-related data. The IDAP ladder will allow operators to send, modify and cancel orders with a single click (Power of Point-and-Click Trading). The IDAP ladder will also help to visualize the relative position of the correlated products by clearly displaying this data on the user's control panel.

3.- IDAP matrix
The IDAP Matrix will provide a crucial business tool. With the IDAP Matrix, customers can see all the market information. In addition, of all contract maturities of an asset, as well as market data of the exchange-traded spreads for the underlying asset, all in a single window. Traders will have the ability to trade, place, modify and cancel orders directly through the IDAP Matrix.

4.- IDAP spreader
IDAP Spreader will allow traders to create, manage and execute synthetic spreads based on futures contracts available on the IDAP exchange. Synthetic spreads are inter-market spreads, the prices of which are not quoted on the exchange itself, but must be calculated on the basis of the underlying contracts quoted on the exchange. For example, a user can create synthetic spreads of Bitcoin (BTC) and Ethereum (ETH) through the exchange-traded spreads of BTC and ETH.

5.- Implicit orders
The implicit order is a synthetic order that originates from orders in simple trades and spreads. The mechanism of implicit orders is such that all orders outstanding in the spread market are actively grouped in the spread market (known as Implicit) and the orders outstanding are actively grouped in the spreads (known as Implicit Outs), so that it is possible to complete the spreads across the spreads and vice versa.

6.- IDAP simulator
The idea is to introduce an Operations Simulator mainly oriented to work with cryptography. The only difference will be that the user will get a real-life experience of the cryptographic asset market without using'real funds'. IDAP hopes to create a band of enthusiasts and amateur traders who can benefit from the IDAP simulator and enter the real market once they are ready.

The IDAP Simulator is very useful for users new to the cryptocurrency trade who want to familiarize themselves with market action and trading without taking risks. Today, no other cryptography exchange platform provides such a feature to enable learning for beginners.

IDAP BUSINESS MODEL

IDAP's business model consists of revenue streams from commissions on market operations and management fees. This section will detail how the IDAP token and revenue stream have been integrated into the system, giving an idea of how IDAP token holders and ICO taxpayers will be rewarded.

1.- Negotiation and Chips Utility Committee
1.1.-"Zero negotiation fee" for taxpayers to the ICO
A special feature of IDAP that adds value for its clients is that ICO taxpayers do not have to pay any commission. This feature has been introduced for the first time in the cryptographic exchange domain. Since the ICO's contribution is a key factor in the success of this project, we believe that contributors during the Token Generation Event (TGE) of the IDAP token should have added benefits by using our platform. Therefore, IDAP will not charge any transaction fees to our ICO participants who purchase 20,000 or more chips.
1.2.- Trading and management fees
IDAP will charge modest business fees. Our tentative fees are as follows: Spot trading fee 0.05* - 0.10%. Derivatives trading fee 0.015* - 0.03%. P2P Loan Fee 7.5* - 15%. ETFs No entry fee, 2% exit fee ICO risk fund 2% Management fee.
IDAP token trading rate
IDAP tokens can be purchased or sold through the IDAP cryptography exchange marketplace at the following processing fee: IDAP token purchase fee. NIL IDAP token sales quota. Token sales quota of 0.05%.
The zero spot purchase rate for the IDAP token is another special feature and an added value of the platform for your customers.
ICO fund management fee
The process of searching, evaluating, negotiating and investing in the early stages of ICO agreements requires experience and expertise. As compensation for these efforts, IDAP will receive a fee for the administration of the fund, which will be 2 per cent of the amount invested during the ICO investment process payable in IDAP tokens.
IDAP tokens can also be used to pay commercial commissions. Permanent 50 percent discount will apply to the fee paid on all transactions via IDAP Tokens. In addition, any promotional discounts will be in addition to the 50 percent discount mentioned above.
Example: Purchase of crypto-currency - Bitcoin (BTC) Quantity 1 Spot rate $10,000 Actual rate $10,000 Actual rate $10 (0.1%) Discounted rate $5 (0.05%) Current IDAP spot price 10¢ per IDAP Rate payable 50 IDAP tokens
IDAP token reference price
The IDAP reference price used to determine the applicable discount conversion rate for paying the fees with IDAP tokens shall be based on the following calculation:
Pr - IDAP token reference price Pl - Last price of IDAP token during TGE Ps - IDAP token spot market price
Pr = Pl + (50% of Pl);
Pr = 1.5Pl
Yes Ps<1.5Pl;
Pr=1.5Pl
If Ps>1.5Pl;
Pr=Ps
This pricing model ensures that no ICO taxpayer ends up incurring losses when paying trading fees on IDAP tokens.
Recording IDAP tokens
IDAP will remove 20 percent of all IDAP tokens from the circulation received as trading commissions and other platform fees and continue to burn these tokens until the total supply of IDAP tokens reaches 500 million.
Tokenomics
IDAP will issue a fixed supply of 1,000,000,000,000 IDAP Tokens, each priced at 3 cents. Below are the token specifications and details of the distribution of the tokens and the use of the funds. IDAP token name IDAP token type ERC-20 token type Total (fixed) supply 1,000,000,000,000 token price $0.03 WAN, ETH and BTC Soft cap accepted coins 200,000,000,000 IDAP Hard cap 750,000,000 IDAP.

ROAD MAP

IDAP's roadmap reflects our clear vision for the future:
Fourth quarter 2017 to first quarter 2018
Ideation and conceptualization of the IDAP ecosystem
Carrying out detailed research and analysis
Training of the core team
The advisory council was formed
Established strategic alliances
Second quarter of 2018
Launch of the website and launch of Lite Paper
Publication of the White Paper
Building the community
Development of the IDAP exchange platform
Registration of companies in Estonia
Launch of the IDAP demo platform
Licensing of derivatives trading and asset management
Public voting on coins and tokens to be quoted on the live stock exchange
Start of the sale of chips
Third quarter of 2018
Development and testing of product architecture
Front-end development
Formation of banking companies for the integration of the fiat
Testing of derivative products on the market
Integration and testing of advanced APIs
IDAP Exchange Marketing
Alpha version
Technical Report v1.1 | www.idap.io 37
Fourth quarter of 2018
Functional testing of the platform features
Platform beta release
Launch of IDAP Exchange, compatible with desktop, web and mobile applications
List of the most voted coins and tokens in the IDAP bag
ICO Entrepreneurial Fund Meeting
First quarter of 2019
Integration of extended product offerings
ETF integrated in the IDAP platform
P2P loan functionality enabled
Crypto Indices integrated in the IDAP platform
Collection and analysis of customer feedback
Second quarter of 2019
Launch of IDAP's ICO incubation services
New cryptocurrencies added to the changelist
Evolved, improved and new product offerings based on customer feedback
Integration of real-time news monitoring and analysis tools.

WORK TEAMS.

Awanish Rajan - Co-Founder and CEO
Atish Katyal, CFA Co-founder and Chief Financial Officer
Murali Thakur Co-founder and Technical Director
Anupam Agarwal Co-founder and Chief Operating Officer
Mukund Thakur Technical Director
Ritika Chaturvedi Director of Operations
Abhishek Crypto Analyst
Himanshu Tiwari Blockchain Analyst

• OUR CONSULTANTS
  Amit Bansal Financial Advisor
  Andrew Friedman Lock Chain Advisor
  Avinash Bhatia Technology Advisor
  David McKenzie Lock Chain Advisor
  Jacob Lindorff Marketing Advisor
  Jesper Lindorff Business Advisor
  Kapil Mohan Technical Design Advisor
  Karan Singh Information Science Advisor
  Neeraj Sehgal Technology Advisor
  Advisor to Sandeep Goel Cloud Computing
  Sekhar Rai Choudhuri Business Intelligence Advisor.

LINKS OF INTEREST.

Web site: https://www.idap.io/?utm_source=BitcointalkBounty&utm_medium=Bounty
Whitepaper: https://www.idap.io/docs/idap-io-whitepaper.pdf
Litepaper: https://www.idap.io/docs/idap-io-litepaper.pdf?utm_source=BitcointalkBounty&utm_medium=Bounty
Bounty: ttps://www.idap.io/bounty?utm_source=Bitcointalk&utm_campaign=Bounty
Ann thread: https://bitcointalk.org/index.php?topic=475666621
Facebook: https://www.facebook.com/idapio.exchange
Telegram: https://t.me/idap_io
Twitter: https://twitter.com/idap_io
Medium: https://medium.com/idap-io
Linkedin: https://www.linkedin.com/company/idap-io/
Instagram: https://www.instagram.com/idap.io/
Reddit: https://www.reddit.com/r/idapio/
Youtube:
Steemit: https://steemit.com/@idapio/

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