Advanced Parimutuel Options :: A Decentralized Platform for Cryptocurrency Derivatives Based on Parimutuel Betting

A decentralized platform for cryptocurrency derivatives based on parimutuel betting. Currently the market does not offer instruments for insuring against the risk of extreme price fluctuations.

Advanced Parimutuel Options

A decentralized platform for cryptocurrency derivatives based on parimutuel betting.
Currently the market does not offer instruments for insuring against the risk of extreme price fluctuations. Though there are futures and options available on centralized exchanges, there are more minuses than pluses.

For example, high option premiums or margin requirements for futures in the range of 80-100%. The reason - inability to insure the risk of sellers which results in high cost of options for buyers.

APO Features

1. Transparency

All trades are done through smart contracts which guarantee payout to all winners and provide a method to monitor the pool

1. Guarantee

The APO platform does not require participation of sellers of options - buyers pay the option premium directly into a pool, eliminating the risk of unfulfilled obligations

1. Decentralization

The system is built on the principle of a smart contract in a blockchain which contains all the particulars of a trade

1. Dividends

The platform does not participate in trading as an organizer, but does charge a commission for facilitating the trade, part of which will be distributed amongst the token holders

1. Insurance

In APO no margins are required - an ideal instrument for miners as well as investors to guard against a falling market

1. Flexibility

Every participant can create their own options from binary to exotic (Build your own option) or use existing templates (vanilla calls & puts)

1. Spreads

There are no spreads between bid and ask in the APO platform because there are no sellers that would raise the price to decrease risk
ICO Information

Token Name : APO
Token Type: ERC20
ICO Starts : April 25th, 2018 at 10:00:00 AM UTC
ICO Ends : May 23rd, 2018 at 09:59:59 AM UTC
Soft Cap: 6,000 ETH
Hard Cap: 14,000 ETH
Token Rate : 1 ETH = 15,000 APO
Min Transaction Amount : 0.1 ETH
Bounty: Yes

Token Distribution

ICO Sale : 40%
Reserve : 25%
Private Investor : 10%
Team : 20%
Bounty : 5%

Advanced Parimutuel Options team

Official Website : https://apofinance.io/

White Paper : https://apofinance.io/files/whitepaper.pdf

Telegram : https://t.me/apofinance

Twitter : https://twitter.com/apofinanceico

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1876033