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Author Topic: Optimum [airdrop] - Decentralized Derivatives on Ethereum  (Read 279 times)
bwheeler (OP)
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February 07, 2018, 09:47:37 PM
Last edit: February 08, 2018, 03:23:30 PM by bwheeler
 #1

Optimum is a platform for decentralized options trading. We have a working beta platform for call options on ETH/ERC20 tokens, and we're building the next iteration right now.

We are having a live beta test on February 16th: https://www.facebook.com/events/541736906204641/

Airdrop Details

We'll be airdropping tokens for all active participants in the aforementioned beta test. We're still deciding how many tokens to issue, among a few other things. You can weigh in via Google Form https://docs.google.com/forms/d/e/1FAIpQLSetsmINx-e5AknEk9wB6SxKtlDyZABRoWO_tV1gNRKICaxe0g/viewform

We're also on Telegram with at https://t.me/optimum

Can I use the platform?

Yes! We're live at https://ddx.optimum.network, however we're still working on bringing in proper liquidity.

About

Many people in this thread have been disappointed by the lack of more information on the project. I'm going to try and address that:

At this time, Optimum is a decentralized options trading platform for ETH/ERC20 tokens, built with our own decentralized protocol implemented as an Ethereum smart contract. The platform offers call options on three tokens at the moment, but will be adding many more very soon and eventually open up listing to the public, as well as offering put options and leverage.

How does out platform make money? We charge a 0.25% take-liquidity fee on taker orders, charged in ETH.

What are we planning for the future? ETH/ERC20 is where we are getting our start, but the market is hungry for all different types of options, cross-chain crypto pairs in particular. We want to build a peer-to-peer options exchange where users can trade many different crypto pairs, agnostic to the blockchain those cryptos run on. This is where our token comes in. Building cross-chain trading pairs in not a simple task, so we are issuing our own token to fund the development of this next level platform.

How will the token work? We really like the Binance model, where the token is used to get a discount on platform fees. We wouldn't want to force anybody to use our token unnecessarily, but we would like to incentivize active traders to stock their account with our token in exchange for a reduction in trading cost. Any other products or services built with our platform will also be purchasable, at a discount, with our token. Essentially our token is an accepted form of currency for our products. If you have questions or concerns about this mode, once again here is a link to the survey where you can voice that feedback (I read every response) https://docs.google.com/forms/d/e/1FAIpQLSetsmINx-e5AknEk9wB6SxKtlDyZABRoWO_tV1gNRKICaxe0g/viewform

Token issuance: based on survey results so far we will likely issue between 1,000,000 and 200,000,000 tokens under the symbol "ODX" (Optimum Derivatives Exchange).


Hopefully we can get a better website built that can really tell this story more clearly.


We openly welcome any questions, comments, or concerns.

-Brian
hung7520
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February 08, 2018, 01:23:13 AM
 #2

I need more information on this project
bwheeler (OP)
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February 08, 2018, 04:12:21 AM
 #3

Yes, the amount of documentation/info is really lacking. I'm the sole developer of the project so most of my time goes to coding.

That being said, I'm in the middle of raising seed money and working with some really great advisors/investors. One of our immediate priorities is to create a website that really tells the story of our project, our roadmap, and gives users and investors a clear understanding of what we've done, what we're doing, and where we're going.

Stay tuned, its coming!
Testament28
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February 08, 2018, 04:32:33 AM
 #4

They are right! You lack information about the currency you are trying to offer. Be more specific and make it well planned to be noticed by more investors. I know you have some plans so I suggest you show your cards so that we can understand your goals clearly.
Factory01
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February 08, 2018, 05:11:56 AM
 #5

I would love to join but the lack of information is what's stopping me.Please provide a more detailed explanation about your project.And I suggest to add some social media exposure perhaps,like twitter.Hope to see more updates soon.
pero991
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February 08, 2018, 07:41:12 AM
 #6

Please give a more detailed explanation of your project. There is not enough information about the currency you are trying to offer. Be more specific Huh
bwheeler (OP)
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February 08, 2018, 03:26:09 PM
 #7

I tried to add more detail. I do apologize for the lack of information. Transparency is an absolute priority of this project, if you have any questions you are free to ask me in public or in private.
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