Play 4200+ Free Online Slots

Play for Fun

Your guide to online casino

SlotMarks.com

Best Online Casinos for 2019

Top casinos
Cryptocurrency Platform Investment Trading

Advanced Parimutuel Options

Ended
Ended: May 23, 2018

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.

Parimutuel is a betting system in which all bets of a particular type are placed together into a pool and payoff odds are calculated considering that the pool will be distributed amongst the winning bets. Parimutuel matching has several unique properties that distinguish it from the traditional method of matching buyers with sellers (double auction systems). Reverse parimutuel model differs from the standard parimutuel model by establishing a fixed payoff amount at the time of the sale. Here are some key advantages: (1) Does not require a buyer to be matched with a seller for a trade to occur. In fact, reverse parimutuel matching can generate trades with only buyers of options; (2) Produces lower option prices; (3) Guarantees that payments of all participants go into a common pool (and provides a method to monitor said pool); (4) Does not require collateral, margin or initial deposit; (5) Provides decentralization of a trading system; (6) In the future, we expect to split an option contract into sub-components (elementary states) and allow the participant to trade both, the whole option and individual components of a given option.

Website

apofinance.io

Not Verified

How to verify ICO?

Share this ICO

Intro Video

ICO Details

Ticker Symbol:
APO
Platform
Ethereum
Accepts:
ETH
Soft Cap:
6,000 ETH
Hard Cap:
14,000 ETH
Country:
USA
Bounty:
local_activity Advanced Parimutuel Options Bounty Info

Public Crowdsale

Ended
Date Sale:
Apr 25, 2018 — May 23, 2018 @ 28 days

Telegram members

Hype ICO Stats

News & Media

How to verify ICO

To get a verified status, you need to place a our logo with the link on your ICO's website and make an announcement of the listing in your social network accounts.

Have you found any errors or inaccuracies? Please, let us know . Are you the representative of the ICO? We a variety of offers for cooperation.

Other Interesting ICOs

Ongoing
BitherCash

bithercash.com

To attain Satoshi's original vision, Bitcoin requires an important mass of users - yet, in spite of the substantial traction gotten by Bitcoin and other...

Ongoing
Health Coin Net

up.hc-net.online

Health Coin Net is a social network that unites people keeping a healthy lifestyle, who in exchange for their sports achievements receive the HealthCoin...

Ongoing
THORChain

thorchain.com

The THORChain ecosystem is built for a singular purpose: to create a massive payment network for payment freedom. In the matured vision it will enable...

Ongoing
UNIFY

unifyworldrevolution.com

UNIFY World Revolution is formed to eliminate corrupt governments and unify this world under one decentralized voting system

Ongoing
Harapan

harapancoin.com

Harapan Coin is created for the purpose of eliciting opposing sentiments against the current governing coalition, in preparation for the coming election. We...

Ongoing
Limitless Capital Funds

limitlesscapitalfunds.com

Limitless Capital Funds is a utility token. LCF Token holders will be able to use the tokens to pay for products and services in our Hotels & Resorts. We...

Ongoing
Quantum 1Net

shop.quantum1net.com

Decentralized Service Platform - Making the whole Web Decentralized

Ongoing
Forecast of gold placers Token

placer-geology.com

Synthesis of the latest achievements in prospecting geomorphology (structural geomorphology), computer modeling of sedimentological processes, fractal...