The Algo.Land project has built a platform that facilitates trading in algos and holders of the PLM tokens are given power over the pool. The fund makes use of Ethereum smart contract to decentralize and govern the pool during voting and decision making.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | ETH |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
We facilitate participation in trading algos while giving token holders the power over the pool. With the Ethereum smart contract we can decentralize the fund and govern the pool through voting. The trading algos trade the most liquid markets in the world: Forex and indices
Based on the Ethereum Blockchain it is possible to construct interesting contracts. The fixed rules and online execution of a smart contract are ideal for combining with algorithmic trading. Algorithmic trading or bot trading is the trading of securities and their derivatives through programmed rules. The smart contract enables the managing of a common account including risk managment and payout managment. The creation of our own token (the Plasmon) is the easiest way of reproducing profit participation. The cost of participation in bot trading is super low thanks to blockchain.
The contract doesn't send money to brick&mortar businesses which causes complicated interfaces and the need for curators. Futhermore collecting assets to invest in other businesses is a heavily regulated activity that needs a license. Letting some bots run together is much easier, more entertaining and you will get results (hopefully profits) much faster, normally within days. The trades and the account can be observed live and online. The tokens can be sold anytime on a cryptocurrency exchange.
Team
