IDAP – Transforming Crypto Asset Market

If you are reading this post, very likely you have at least some idea about crypto currencies. If not, well it is way too complicated to explain this issue here. There are dozens of forums and articles, where eggheads and just average people tries to figure out the phenomenon of Bitcoin, Ethereum, Ripple and other currencies, which prices are day by day closer to the moon (despite of time when they are falling like shot airplane like last couple weeks). So if you want to fulfill gap of your knowledge, check more specialized sites like bitcointalk.com and etc. Just please put the great attention on key words like: ‘ICO’, ‘Bounty’, ‘KYC’ and of course main slogan which attract millions of people to crypto currencies ‘rocket to the moon’. If you already did your homework, I can explain you the reason why I am writing this post.

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

So did I and during my research I found the project in which I really put my faith: IDAP. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot. The analysis I will present consists of parts, and each of them shows this project from different angle. So, let’s go!

idap.io is an International Digital Asset Platform, which aims to provide a complete Derivatives Ecosystem for Crypto Assets, offering Futures, calendar & butterfly spreads, options, and swaps among major trading products. idap.io exchange also supports spot trading, P2P lending and ETFs. 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. IDAP is providing an ICO venture fund with a focus on retail investors. idap.io platform provides a Point-and-Click Ladder based Trading Interface through its Desktop Application. Its simulator tool aids beginners in learning futures trading. idap.io will issue its own token, the IDAP token (IDAP), which will be based on Ethereum blockchain (ERC 20). IDAP token holders will get 50% discount in trading and management fees if paid in IDAP tokens. There will be zero trading fees for ICO contributors.

FEATURES OF IDAP PLATFORM

Desktop Applications

IDAP will provide its customers, the trader-friendly ‘Desktop App’ with custom features for a seamless trading experience. In conjunction with our flagship trading tool, the Desktop App, customers will also have access to our exchange via the in-browser trading app as well as the mobile app. The full features list of IDAP Desktop App includes:Order entry form supporting Market, Limit, Stop-Loss, Stop-Limit, Iceberg, trailing stops, OCO, bracket and various other conditional orders.

Real-time market data charts supported by generic and advanced technical indicators and analysis.

Account and position monitoring, order book, trade history, fill book etc.

The custom arrangement of market data, order and trade history, positions, charts and technical tools, other data items and color schematics.

Ladder

For the assistance of intraday and professional traders, IDAP is introducing ladder trading to crypto market. Being one of the key features of this crypto trade & exchange platform, the IDAP Ladder will enable the traders to view price action, best bid and offer, last trades’ price and quantity, total traded volume at each price, high and low market points of the day, depth of market orders and various other critical data related to trading. The IDAP ladder will allow the traders to submit, modify and cancel orders with one click (Power of Point-and-Click Trading). The IDAP ladder will also help in visualizing the relative position of correlated products, neatly displaying this data in the user dashboard.

Matrix

The IDAP Matrix will serve as a crucial trading tool. With the IDAP Matrix, traders will be able to view market data for all contract expirations of an asset as well as market data for exchange-quoted spreads for the underlying asset, all in one window. Traders will have the ease to trade, place, modify and cancel orders directly through the IDAP Matrix.

Spreader

The IDAP Spreader will allow traders to create, manage and execute synthetic spreads based on futures contract available on the IDAP exchange. Synthetic spreads are Intermarket spreads, whose prices are not quoted on the exchange itself but have to be calculated based on the underlying contracts listed on the exchange. For example, a user can create synthetic spreads of Bitcoin (BTC) and Ethereum (ETH) through the exchange quoted spreads of BTC and ETH. This is another distinguishing feature that is unique to IDAP exchange ecosystem.

Simulator

Another key feature by IDAP to disrupt the crypto trading domain is the IDAP Simulator. The idea is to introduce a ‘Trading Simulator’ crafted especially for crypto trading. The only difference will be that the user will get a real-life experience of the crypto assets market without using ‘real funds.’ IDAP hopes to create a band of enthusiasts and amateur traders that can benefit from IDAP simulator and step into the real market, once they are ready.The IDAP Simulator is ideal for those who are new to futures trading and wish to familiarize themselves with market action and trading without risking real cryptocurrency. Currently, no other crypto exchange platform is offering such a feature to enable learning for trading beginners. IDAP Simulator will replicate real-time market data and trading conditions to help users understand the market dynamics, general market behavior and how to manage trade and associated risks. This is yet another USP of our platform for facilitating education and learning for traders, enabling them to gain virtual experience in the crypto asset trading.

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.

IDAP 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.

TOKEN AND ICO DETAILS

Token Name – IDAP

Token Type – ERC 20

Token Price – $0.03

Pre-sale concluded successfully and 150,915,000 IDAP tokens were sold

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

You can get Whitelisted here: https://tokensale.idap.io/signup

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field. With diversified knowledge in various fields such as Investment Banking, Finance, Economics, Information Technology, the team brings forth years of expertise, business acumen and success stories.