[ANN][ICO] 📊OPTITOKEN📈: A hyperdeflationary automated tokenized portfolio 🌍 - page 11.

join2

sr. member

Activity: 537

Merit: 252

Quote from: Optitoken.io on February 18, 2018, 04:04:11 PM

Quote from: GrandpasNaked on February 18, 2018, 03:30:33 PM

This has a ton of potential. Be vigilant and transparent team opti!

Thank you! Cheesy

We will be very transparent throughout the whole process, we understand this is an essential part of a project like this. We have 2 legal firms involved and we will release constant audits of the process. Check out more details on our white paper, in the transparency section: https://optitoken.io/White_paper.pdf

project is steady and good, I will read the whitepaper of your project to know more detailed information of your project. and I will also join your project and hopefully your project is successful.

Bouriffe

member

Activity: 336

Merit: 13

Project looks interesting and after reading the WP I have following questions:

1) No section on Risks and in particular the Counter-Party risk, How do you handle it? Which exchange(s) / custodian(s) do you plan to use ?

2) "... there will be times when the fund will be partly held in fiat ,such as Euro or Japanese Yen" > I assume you will use a FX neutral basket of all main FIATs and not only those two, correct ?

3) Do you plan to hold Stable Coins? If yes then will it be only during price correction phases, Which ones and why those ones?

4) At which frequency will you report? Will you disclose publicly the whole portfolio composition? Something similar to a monthly factsheet?

5) Some important decisions like location and accounting method are still under consideration, when do you plan to communicate on this? Will it be before the end of the ICO?

Two comments:

1) "This includes making all software programs and API’s open-source" > I assume it will not include trading algorithms ;-?
2) WP is referring to the term "Fund" > Is it a good idea from a regulatory stand-point ;-?

Thanks

Optitoken.io

copper member

Activity: 48

Merit: 0

The first hyperdeflationary cryptocurrency!

Quote from: adotrulez on February 19, 2018, 09:43:03 AM

I have to highly recommend the packaging of this project. Everything is thoroughly professional. From the website, to the team, to the whitepaper to the roadmap. I certainly appreciate the effort the team has put into making this project look thoroughly encouraging to investors.

I would like to find out though, the diversified cryptocurrencies that would be encapsulated into this token would be which ones exactly? Would they be already established cryptocurrencies or new ICOs?

Thanks very much for the kind feedback! For the time being, the projects basket of tokens is based mostly on established and actively developed coins. You can actually view the basket on the website. The tokens for the time being must be on Bitfinex although we would love to incorporate a few not listed there yet. In the future this may be possible, as well as ICO’s, but to keep it simple at first we are sticking to 90% projects with either something tangible such as the top 5 by marketcap as well as the top privacy coins. Then we include a few mid-cap projects with high upside and smallest percentage is comprised of a few high flyers.

Mixailserebryackov

newbie

Activity: 168

Merit: 0

Good afternoon! Or the translation is bad or how. Explain how the bought tokens are destroyed? You can not destroy keys that are already stored in someone's purse. If they are destroyed, it will lead to zeroing of the tokens, and how can you destroy them on someone else's purse?

OptimalSeanimal

newbie

Activity: 23

Merit: 0

Thought I’d list some of our media to date articles and press

https://www.newsbtc.com/2017/12/31/exclusivity-optitokens-features-may-also-impact-traditional-stock-market-model/

http://bitcoinist.com/strategic-scarcity-optimal-token/

www.yahoo.com/amphtml/finance/news/optitoken-seeks-build-distributed-value-060000066.html

Optitoken.io

copper member

Activity: 48

Merit: 0

The first hyperdeflationary cryptocurrency!

Quote from: bodeng on February 19, 2018, 10:40:24 AM

an exciting new project but where is your roadmap? you need to add a roadmap so your participants can understand the course of the project and add other participants to be interested and join

Our roadmap is posted on this ANN, our website AND the white paper! Huh

I think you have to read more carefully haha. Of course, it will become more detailed in the following weeks as we incorporate more team members and test community interest. We are also working on an infographic with our designers.

Whitepaper: https://optitoken.io/White_paper.pdf

bodeng

full member

Activity: 336

Merit: 100

an exciting new project but where is your roadmap? you need to add a roadmap so your participants can understand the course of the project and add other participants to be interested and join

Optitoken.io

copper member

Activity: 48

Merit: 0

The first hyperdeflationary cryptocurrency!

Quote from: GrandpasNaked on February 18, 2018, 10:34:43 PM

I’m curious, on low starting volume, which most any coins will have first few days on open, just how high the price can go with all the buy pressure that will be created from now until open on exchange. Do you have any rough figures or is that something you can’t quite comment on? I mean technically it could rocket up to like €100+ a coin before coming down some but than garnering a second wave from the attention it draws. You should buy in waves the first batch, at least 2 or 3 waves saving biggest for last maybe. Anyways I’m excited and presale is purchased 👌

Hello. Price discovery is hard to determine, it will depend largely on volume. It could potentially reach $1000 on lower initial volume. Also depends on if we open on HitBtc, EthFinex or elsewhere which is still being determined and negotiated. Thanks for the interest! Cheesy

adotrulez

member

Activity: 168

Merit: 14

I have to highly recommend the packaging of this project. Everything is thoroughly professional. From the website, to the team, to the whitepaper to the roadmap. I certainly appreciate the effort the team has put into making this project look thoroughly encouraging to investors.

I would like to find out though, the diversified cryptocurrencies that would be encapsulated into this token would be which ones exactly? Would they be already established cryptocurrencies or new ICOs?

OptimalSeanimal

newbie

Activity: 23

Merit: 0

More info and interview with me Grin

https://youtu.be/jfOdNMga-m8

Optitoken.io

copper member

Activity: 48

Merit: 0

The first hyperdeflationary cryptocurrency!

Quote from: siomai20 on February 18, 2018, 10:44:55 PM

Telegram profile? how to get telegram profile.
whether the intent is telegram username?

Hello. Not sure I understood your question. Our Telegram is here: https://t.me/joinchat/Cif2ylI6SNVwxLXHAETG0Q

We ask for username to track bounty, so if it's related to that, please ask in our bounty thread: https://bitcointalk.org/index.php?topic=2974794.20

Thanks!

siomai20

newbie

Activity: 14

Merit: 0

Telegram profile? how to get telegram profile.
whether the intent is telegram username?

OptimalSeanimal

newbie

Activity: 23

Merit: 0

Quote from: ?? on ??

added your tweet if there is a desire to thank the addresses that you will always find on my page on Twitter ^{https://twitter.com/Bill_Djons/status/965413173246472192}

Thanks very much, did you consider joining the bounty? I think you could earn much more there through that method

GrandpasNaked

newbie

Activity: 63

Merit: 0

I’m curious, on low starting volume, which most any coins will have first few days on open, just how high the price can go with all the buy pressure that will be created from now until open on exchange. Do you have any rough figures or is that something you can’t quite comment on? I mean technically it could rocket up to like €100+ a coin before coming down some but than garnering a second wave from the attention it draws. You should buy in waves the first batch, at least 2 or 3 waves saving biggest for last maybe. Anyways I’m excited and presale is purchased 👌

makiotiki

newbie

Activity: 70

Merit: 0

It is drawing attention
I will read the white paper

GrandpasNaked

newbie

Activity: 63

Merit: 0

Quote from: Optitoken.io on February 18, 2018, 04:04:11 PM

Quote from: GrandpasNaked on February 18, 2018, 03:30:33 PM

This has a ton of potential. Be vigilant and transparent team opti!

Thank you! Cheesy

We will be very transparent throughout the whole process, we understand this is an essential part of a project like this. We have 2 legal firms involved and we will release constant audits of the process. Check out more details on our white paper, in the transparency section: https://optitoken.io/White_paper.pdf

I read whitepaper actually a while back 👍

OptimalSeanimal

newbie

Activity: 23

Merit: 0

Quote from: Optitoken.io on February 18, 2018, 04:04:11 PM

Quote from: GrandpasNaked on February 18, 2018, 03:30:33 PM

This has a ton of potential. Be vigilant and transparent team opti!

Thank you! Cheesy

We will be very transparent throughout the whole process, we understand this is an essential part of a project like this. We have 2 legal firms involved and we will release constant audits of the process. Check out more details on our white paper, in the transparency section: https://optitoken.io/White_paper.pdf

It’s a lovely read of I may say so myself Grin

the whitepaper Roll Eyes

Optitoken.io

copper member

Activity: 48

Merit: 0

The first hyperdeflationary cryptocurrency!

Quote from: GrandpasNaked on February 18, 2018, 03:30:33 PM

This has a ton of potential. Be vigilant and transparent team opti!

Thank you! Cheesy

We will be very transparent throughout the whole process, we understand this is an essential part of a project like this. We have 2 legal firms involved and we will release constant audits of the process. Check out more details on our white paper, in the transparency section: https://optitoken.io/White_paper.pdf

GrandpasNaked

newbie

Activity: 63

Merit: 0

This has a ton of potential. Be vigilant and transparent team opti!

Optitoken.io

copper member

Activity: 48

Merit: 0

The first hyperdeflationary cryptocurrency!

The first ever hyper-deflationary cryptocurrency!

OptiToken introduces the novel concepts of 'Buy Pressure' and 'Strategic Scarcity'

This works by creating profits from the ongoing series of trades of the OptiToken portfolio 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 unspendable 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 held by the cryptocurrency’s adopters will gain value each time this cycle occurs.

Optitoken is fueled by a 24/7 algorithmic trading portfolio of established and manually selected cryptocurrencies. Essentially, the algorithm takes advantage of price swings among a select group of tokens, known as "The Basket," made up of a variable number of coin(s) deemed statistically or categorically undervalued. They will also be established and growth driven projects with high upside potential based on several factors based on past trends of growth and/or market averages. It will also take into account token supply and market capitalization.

An ICO will be used to buy the initial underlying currencies and will be immediately put to work trading.

Our test portfolio, that uses the strategies that will be adopted by the algorithm, is consistently outpacing Bitcoin since it started, by about 40% to 100%. You can view the movements live on our website!

SIGN UP FOR PRE-SALE: https://optitoken.io/presale/

Unique Value Proposition

Optitoken's trademark strategies of Buy Pressure and Strategic Scarcity can create perfect conditions for price appreciation. As our algorithm trades automatically between the basket of tokens, a portion of the profits created will be used to buy OptiToken on the market, thus providing upward price pressure. Afterwards, the tokens will be sent to an unspendable address and be destroyed, creating scarcity and further increasing value.

CEO and Founder - Sean Donato - LinkedIn: https://www.linkedin.com/in/sean-donato-84b80582/

Business Operations and Asset Pricing - John DeGiacomi - LinkedIn: https://www.linkedin.com/in/john-degiacomi-b9096116/

Full Stack Developer - Sebastian Richard - LinkedIn: https://www.linkedin.com/in/sebastien-rd/

Marketing and Analytics - Himank Varshney - LinkedIn: https://www.linkedin.com/in/himanksahai/

Alec Hahn - Founder at Bit42 and Dev at BitHalo -

Theo Goodman - Founder DegenBet / Former Consultatn HaasOnline - LinkedIn: https://de.linkedin.com/in/theo-goodman-20754515

More advisors are in negotiations and will be incorporated in the coming weeks!

INITIAL COIN OFFERING

Sale Period: 12 weeks: From 1st of April to 1st of July
Token Type: ERC20, Ethereum Blockchain
Maximum Supply: 280,000,000 OPTI
Available for Purchase: 196,000,000 OPTI
Hard Cap: €24,000,000 euro
Soft Cap: €225,000 euro

Emission rate: No new coins will be created or mined after the ICO. All leftover tokens that are not sold will be destroyed. Through the implementation of strategic scarcity, OptiToken will actually have a negative emission rate.

Restrictions: Purchases from US, Cayman Islands and Chinese residents not allowed

Pre-Sale

To reward early purchasers we are offering 8 million $OPTI tokens at €0.09 each, a discount of 25%. The first 25 buys will have no limit as to not exclude early supporters and fans. Afterwards, there will be a minimum buy limit of €3,500 euro.

Large buys will be offered special discounts that can be negotiated personally at [email protected]

SIGN UP FOR PRE-SALE: https://optitoken.io/presale/

Token Sale Structure

** All options subject to time and supply constraints whichever executes first **

• Week 1 and 2: 20m tokens at € 0.12 each: Fully subscribed = € 2,4 million

• Week 3 and 4: 36m tokens at €0.15 each: Fully subscribed = €5,4 million

• Week 5 and 6: 40m tokens at €0.18 each: Fully subscribed = €7,2 million

• Week 7 and 8: 44m tokens at €0.21 each: Fully subscribed = €9,24 million

• Final month: 48 million tokens at €0.24 each: Fully subscribed = €11,52 million

If fully subscribed the ICO would raise €36,480,000 however the hard cap will be placed at € 24,000,000 and remaining coins will be burned, minus a 1% to cover ICO expenses.

ICO Fund Utilization

• Raise of €225,000 - €250.000: 76% toward fund and 24% toward initial exchange listing and start-up costs.

• Raise of €251.000 - €500.000: 79% toward fund and 21% toward initial exchange listing and start-up costs.

• Raise of €501.000 - €750.000: 82% toward fund and 18% toward initial exchange listing and start-up costs.

• Raise of €751.000 - €1.000.000: 85% toward fund and 15% toward initial exchange listing and start-up costs.

• Raise of €1.100.000 - €2.000.000: 88% toward fund and 12% toward initial exchange listing and start-up costs.

• Raise of €2.100.000 - €3.500.000: 92% toward fund and 8% toward initial exchange listing and start-up costs.

• Raise of €3.600.000 - €5.000.000: 95% toward fund and 5% toward initial exchange listing and start-up costs.

• Raise of €5.100.000 - €10.000.000: 96% toward fund and 4% toward initial exchange listing and start-up costs.

• Raise of €10.100.000 - €20.000.000: 97% toward fund and 3% toward initial exchange listing and start-up costs.

• Lastly a raise of €20.100.000 or more: 98% toward fund and 2% toward initial exchange listing and start-up costs.

The reason that the sliding scale is effective is that it weighs the increasing amount of work and new hires legal and custodial services that will be required as the the funds initial holdings increases through the token sale.

BOUNTY CAMPAIGN

Our official bounty campaign will be of 5,600,000 tokens, or 2% of the total supply, are reserved for our initial bounty campaign. If the ICO is fully subscribed, this means a bounty of 1,344,000 euro in tokens.

Details and signing up here: https://bitcointalksearch.org/topic/bountyoptitoken-a-hyperdeflationary-automated-tokenized-portfolioended-2974794

AIRDROP

An airdrop of around 2% of the supply is planned and will be announced here in the near future!

How to participate:

1. Join our Telegram: https://t.me/joinchat/Cif2ylI6SNVwxLXHAETG0Q
2. Sign up using this form: https://goo.gl/besLBS
3. Check your application: https://goo.gl/VrFmSc

OPTITOKEN IN THE NEWS!

https://finance.yahoo.com/news/optitoken-seeks-build-distributed-value-060000066.html

http://bitcoinist.com/strategic-scarcity-optimal-token/

https://www.ccn.com/strategic-scarcity-game-changer/

https://www.newsbtc.com/2017/12/31/exclusivity-optitokens-features-may-also-impact-traditional-stock-market-model/

INTERVIEW WITH CEO: https://youtu.be/jfOdNMga-m8

Topic: [ANN][ICO] 📊OPTITOKEN📈: A hyperdeflationary automated tokenized portfolio 🌍 - page 11. (Read 3953 times)