Idap.io Review - A Revolution in Crypto Asset Market

brainerdpaul (-2)(1)in #ico • 6 years ago

In our world today so many Cryptocurrency exchange platform exists, out of all these exchanges, only a handful provide limited kinds of crypto derivatives and even those are mostly restricted to Bitcoin or Ethereum derivatives products. The crypto trading market is now slowly catching up to the need for derivatives instruments based off of coins or tokens.
The rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is IDAP and they are looking to bring new opportunities to cryptocurrency traders by unveiling a derivative trading market that hosts many aspects for traders who are looking for more than common exchanges have to offer.

IDAP (International Digital Assets Platform) is a full featured exchange for crypto assets that caters to diversified trading and investment needs. IDAP will be the first exchange to bring the complete derivatives product ecosystem to crypto asset market and all the necessary trading tools and techniques.
IDAP is a platform built by traders for (institutional and retail) traders instead of being built by technologists for traders. At its core, there is a desktop app that traders can use. IDAP will also have a web version.

The Platform (IDAP) is the first self-contained ecosystem for the cryptocurrencies derivatives trading market. Contained within this ecosystem are the IDAP Exchange, the IDAP Desktop App with advanced trading tools and most importantly, crypto derivatives instruments by IDAP for trading and investment. By bringing together individuals and institutions in need of risk management or with an eye at profit via risk acceptance, our goal is to become the most diverse crypto derivatives marketplace for buyers and sellers.

The idea of a crypto derivatives marketplace is quite appealing, and first mover advantage will clearly help in attracting participants and commanding high trade volumes. There is a demo in the works so that will lend further credibility to the project.

The Vision

Our vision is to transform the crypto economy. We endeavour to create a secure, robust, customer centric and full-featured crypto asset market exchange that enables investors to experience numerous diversified trading and investment opportunities under a single roof

IDAP is bringing three unique offerings to the crypto trading market:

A Complete Ecosystem for Crypto Derivatives Products: The platform is offering outright futures, calendar spreads, butterfly spreads, American options, perpetual swaps and crypto indices for all major cryptocurrencies. Traders can thereby bet on both a bull or bear run or even the entire curve, all at a single exchange.
Desktop Application: Equipped with Order Entry Form supporting different types of conditional orders, the application provides access to the platform’s Point-and-Click Ladder based Trading Interface. Thus, traders can execute orders swiftly and accurately, never missing out on the action, even when the market is fluctuating rapidly.

Simulator for beginners: Replicating real-time market data and trading conditions, the simulation tool helps users understand the market dynamics, general market behaviour and how to manage trade and associated risks. Those new to futures trading will greatly benefit from gaining real experience without risking real funds.

IDAP Ecosystem

IDAP is solving all the problems of the current trading crypto market and providing users diversified trading and investment instruments, advanced tools, very good customer support to resolve any query at any time and increased security to the users and their transactions. IDAP ecosystem is giving users the extended product offering which consists of the following:

Spot Trading

IDAP will provide users with spot trading for crypto coins and tokens where users can have choice of both crypto-crypto and crypto-fiat pairs. Initially pairs like BTC/Altcoin, ETH/Altcoin and IDAP/Altcoin will be offered in this ecosystem.

OTC Trading

This will give the users an access to over the counter (OTC) trading with a very user-friendly interface.

P2P Lending

The ecosystem also has borrowing and lending feature where borrowers and lenders can directly connect, and lenders can lend money to borrowers. Here P2P lending can be done in both fiat and cryptocurrency.

ICO Incubation

The selected upcoming projects will get assistance in this platform. Entrepreneurs, advisors, industry leaders and developers will provide these projects technical consultation, resources and initial funds to help them grow.

TOKENOMICS

Token Name: IDAP

Token Type: ERC 20

Token Price: $0.03

Pre-Sale: 25 June To 24 July 2018

Crowd Sale: 7 August To 30 August 2018

Soft cap (in IDAP): 200,000,000

Hard Cap (in IDAP): 750,000,000

Total Supply (Fixed): 1,000,000,000

The IDAP token sits at a total supply of 1,000,000,000 tokens, with a very fair Token Distribution share. 75% going to the public for sale, with the rest going to liquidity, team and bounties. IDAP outlines its Funds Usage with 40% going to Product and Platform Development, 22% to Marketing and Branding and 18% to Operations. The rest make up Reserves, Legal and License/Issuance.

BENEFITS FOR TOKEN HOLDERS

IDAPs token offers many use case benefits that will give it immediate value. IDAP token is used to pay for fees via trading. When the platform is live and trading begins, tokens will be the source of payment for IDAP, creating volume from traders use. For those that get on the ICO, you are given a lifetime zero trading fee (with purchase of 20,000 tokens or more.

ROADMAP

Quarter 4’ 2017 — Quarter 1’ 2018

Ideation & conceptualisation of IDAP ecosystem
Detailed research and analysis, team building, advisory board
formation and strategic partnership.

Quarter 2’ 2018
IDAP ICO launch and company formation
Website launch, Lite paper and white paper release, community
building, token listing & sale, company registration in Estonia,
license procurement for derivatives trading and asset management, product development.

Quarter 3’ 2018

IDAP exchange development
Product architecture and front-end development, alpha version
testing, banking partnership, derivatives market products testing,
API integration testing, community building, token sale and
exchange marketing.

Quarter 4’ 2018

IDAP exchange launch
Beta version testing, web & mobile application trading,
derivatives product offering, extended cryptocurrencies and
tokens listing, desktop application and ICO venture fund.

Quarter 1’ 2019

Integration of investment instruments
Investment instruments like ETF, crypto indices and P2P lending
will be integrated into the platform.

Quarter 2’ 2019

ICO incubation

The project is promising and developments are in the works with regular updates being released. I am not at this moment of time investing in IDAP, however will certainly have one eye on them as they progress.

TEAM
The team comprises of 4 founders who have significant experience in derivatives market and an impressive educational background. There are 8 people who are part of the team and idap continues to hire the right talent to deliver the vision. The team has partnered with an external firm to build the core trading engine, who has experience building scalable financial trading systems.

The line up of advisors is equally impressive. Each one is an expert in their field and will add real value to the project.