The first ever algorithmically traded hyper-deflationary cryptocurrency
As an algorithmically traded cryptocurrency, adopters of Optitoken gain the benefit of utilizing a medium of payment that is exposed to 24/7 trading through code developed with the strategies used by traders in a 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.
The project aims to create profits from this ongoing series of trades 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 will gain value each time this cycle occurs.
Launch of testnet tracking gains and gathering data for use in the final algorithm. Initial starting team assembled - including one dev, one business developer/project manager, one quant and legal team.
Launch of website and initial press releases and marketing strategies. Launch of social media channels to start building a community.
Targeting and acquisition of initial investors. Launch of ANN, white-paper to follow soon. Onboarding of further help and developers. Further development of BETA testing algorithm infusing more funds and growing initial fund.Acquisition of advisor team.
Final draft white paper released.Further onboarding of advisors and team. Further development on algorithm and any user interfaces phase 1, wallet etc.
Token sale marketing and PR campaign. Begin coding and mplementation of backend testing interface on exchange.
ITO: 90 days. Start work on algorithm.
BETA launch on exchange(s), growing the fund right away after 1 month of gathering funds. Funds will not sit idle but instead go right to work after a month. Further work and optimizing of algorithm and security. ALPHA interface launch on Exchange(s) and continued token sale push.
Last month push of token sale and continued business development and second addition of ITO sales to fund.
Creation and testing on any 2.0 user interfaces. Continue to grow find and improve algorithm, possibly starting an integration of machine learning.
Continue growth driven operations along with searching for new ways to improve e.g. do we incorporate pre-sale discounts since there will be ability to buy the minimums? This can be very interesting strategy in times of an overbought market.