Decentralized futures trading
web: www.evermarkets.com
slack: slack.evermarkets.com
bounties: bitcointalk.org/index.php?topic=2059736
EverMarkets is the first project to trade traditional equity, bond, and commodity futures on the blockchain with liquidity provision.
We are a team of veteran technologists and traders, and we will make trading cheaper, easier, and fairer than ever before.
We are also dedicated to making sure that our platform is liquid and competitively priced.
About the market
The global futures market has revenues of $20B+, trillions in underlying notional, and is ripe for innovation.
Existing exchanges have high fees, can be difficult to access, and skew markets with price discrimination.
Futures volumes have been increasing for the last ten years -- with Asia leading growth -- but there is a dearth of competition.
About our team
We are technologists and traders from with 10+ years experience each from companies like Amazon, Microsoft, Citadel, and Citi.
Our advisors have built the largest equity dark pools in the world and are managers of notable futures funds.
We are not a fly-by-night operation, but are in this for the long haul.
About our project
Our platform will reinvent the traditional broker, clearing house, and exchange dynamic into a decentralized network of EVR token holders.
Our token, EVR, can be used to trade or administer the network. Traders take risk.
Administrators get paid for lending tokens and supplying leverage, or for facilitating trading as a matching engine.
We take a different approach to execution from traditional exchanges.
Rather than maintaining a continuous order book, we execute trades through periodic pro-rata call auctions.
This approach improves execution quality, reduces volatility, and enhances liquidity.
Read more about us in our whitepaper: https://www.evermarkets.com/whitepaper.pdf
How we're different
The main difference of our project from Augur, Gnosis, and other markets is that we are going to be liquid.
We will have an internal liquidity team which will provide liquidity.
Quants on our team have worked years as liquidity providers, and can both make predictions and manage risk.
We also have many connections in the finance world, and will bring these parties as external liquidity providers onto our platform.
In short, we believe we have the team needed to drive significant volume onto this platform from the real world.
Our token sale
Currently planning an uncapped token sale, starting on September 12, accepting BTC and ETH.
Multi-year vest on proceeds with escrow, details to come.
Details are subject to change. Please check back!
There will be a presale starting in mid August. Please email presale@evermarkets.com if interested.
Why this is a great opportunity
Our team is experienced and poised to shake up the global financial markets.
We are targeting futures first, but will also look into stocks, options, fx, and more.
In short, our long term plan is to revolutionize every equity and derivative exchange in the world.
This is a big opportunity.
We're just beginning to build our community and are interested in comments and suggestions.
Original Thread : https://bitcointalk.org/index.php?topic=2052149.0