ICOs have existed in an extremely gray area because of the fact that it’s quite difficult to filter out the best and genuine one. It could be skeptical to determine the right project to invest your hard earned money for possible high returns. By looking at the project’s whitepaper, roadmap and their team could be the best option to invest. And one of the upcoming projects that have caught my eye is idap.io.
Looking at their whitepaper: The International Digital Assets 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.
As you can see at their whitepaper, it’s thorough about the project and overall convincing with its narrative. The IDAP ecosystem is thereby going to be the comprehensive solution for traders. Harnessing all the advantages of the traditional trading market and distilling them to suit the cryptocurrency landscape, the IDAP ecosystem will offer a boost to the crypto market in the right direction.
The different types of powerful trading tools offered are another plus for the point: low-risk trading products such as spreads and butterflies will bring great liquidity to the platform and merchants will have the advantage of hedging options through the derivatives of the crypto index. ICO's contributors holding 20,000 coins will not have any trading fees, leading to around 30-40% of the free-floating supply to block. Furthermore, a permanent 50% discount on trade fees through the use of native tokens will keep their needs in full. The same is the fact that 20% of all IDAP tokens received as trade commissions and other platform fees will be removed from circulation and burn at regular intervals until the total supply reaches 500 million, further bolstering token demand.
The IDAP token will sell for $0.03 apiece during the ICO and without a doubt, its value could climb up to 100x or even more.