Decentralized Option TradingON THE ETHEREUM BLOCKCHAIN
About
The Team
The DeOpt Model
Time line
2017
MAY
Founding of DeOpt
AUG
Release of White Paper
2018
Q1
Alpha Version of Trading Platform
Q2
Bug Bounty Program
Q2
Pulbic Beta
Q3
Trading goes live for ETH based pair
Q4
Addition of further ERC-20 pairs
Contact Us
AMRITH KRISHNAN
Truffle Integration &
Linking Front and Backend
DR. ANTON MUEHLEMANN
Team Lead &
Smart Contract Design
Varun Aggarwal
Frontend Design &
Database Integration
Decentralized
The DeOpt model is built on the Ethereum blockchain, which allows the entire platform to work as a decentralized application (Dapp). No one server maintains the order book, and once orders are committed to the blockchain, they are immutable.
Inexpensive
Transactions are sent and verified over the Ethereum blockchain. Because the platform is decentralized, there are no fees for buying or selling a contract. The only additional payment on top of the contract price is the minimal cost of sending transactions over the Ethereum network.
Secure
The platform utilizes the security of the Ethereum blockchain by storing all of your active funds on the chain. The only time funds are taken from your account are on the payout date of a contract. At this time, a secure mechanism guarantees the safe transfer of your money; an oracle pulls and averages the price data from the 3 exchanges with the highest volume, and a Bilateral Agreement Contract (a smart contract) subsequently oversees the payout.