APO PLATFORM
https://assets.coingecko.com/coins/images/3743/large/apo.png?1523351687


WHAT IS APO ?

APO Is Advanced Parimutuel Options, The APO platform allows participants to trade derivative instruments (options) without collateral and without risk of non-payment, unlike a centralized exchange. The platform automatically creates a smart contract for the auction, which lasts until the expiration date, and terminates after making payments to participants. 
The platform operates without option sellers. APO does not act as an organizer of these auctions, but performs the functions of developing, maintaining and upgrading the source code.

APO Finance's role is to develop and maintain platforms, ongoing maintenance, and modernization. It has no role to play in securing funds, which distinguishes this platform from centralized exchanges where a collapse of exchange causes a default for participants.

Trading on platforms has the following differences from centralized exchanges:
- No difference between bid and demand, due to the fact that there is no seller.
- There is no risk of a stock market collision, since public pools are on the Ethereum network and at the time of auction payment is calculated in all situations.
- New option purchases can only be made during the auction.

Why is solving this problem so important?

Lack of instruments such as options and futures makes the market extremely vulnerable to fluctuations, (based on news or market manipulation) because participants have no way to hedge against falling prices.
The crypto-currency market is what’s called “an incomplete market” – for us it was of high interest to solve this type of problem and create a tool that does not violate the principles of the crypto-currency community.

Who benefits from this solution?

The addition of a derivative crypto-currency instrument with a guarantee of payment on expiration date benefits all participants. For example:

Miners can insure against the risk of depreciation in order to maintain profitability
Individual traders can use options to speculate on falling, as well as rising, prices
Companies conducting ICOs can protect the cryptocurrency value raised during the ICO so that
it will not be diminished by price fluctuation when they need to convert it to fiat mone

How does it work

 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


Token

Start: April 25, 2018, 10:00:00 am
End: May 23, 2018, 9:59:59 am
Acceptable currency:
ETH Token exchange rate: 1 ETH = 15,000 APO
Minimum transaction amount: 0.1 ETH
Soft cap: $ 3mln ~ 6,000 ETH
Hard cap: $ 7mln ~ 14,000 ETH

Token Distribution

40% — ICO
25% — Reserve (locked for 12 month)
20% — Team (locked for 12 month)
10% — Private Investors
5% — Bounty

Bonus Discount :

1st Week — 25% Bonus

2nd Week — 15% Bonus

3rd Week — 5% Bonus

4th Week — 0% Bonus



ROADMAP
Q3 2017
Theoretical development of the idea
Q1 2018
Development of a platform for attracting investments
Q2 2018
First phase of ICO
Q3 2018
Development of an auction platform
Q4 2018
Beginning of Beta Testing
Q1 2019
Release of the system
Q2 2019
Improvement and optimization.
Development of a system for trading, in part, of options and sale of designer options
Q3 2019
Beginning of Beta testing Option Marketplace
Q4 2019
Release of option marketplace



FURTHER INFORMATION
Website : https://apofinance.io/
Whitepaper : https://apofinance.io/files/whitepaper.pdf
Twitter : https://twitter.com/apofinanceico
Telegram : https://t.me/apofinancegroup
Ann Thread : https://bitcointalk.org/index.php?topic=3207939.0




My profile:https://bitcointalk.org/index.php?action=profile;u=1965191

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