Website

Fortuna (FOTA)

ICO

Published: Jun 24, 2018

Fortuna is a blockchain based solution for the global OTC derivatives market. It aims to solve major problems such as lack of trust, operational inefficiency, illiquidity, and lack of variety through decentralized consensus algorithm DPOSA, structured smart contracts, a decentralized quote scheme and other features of blockchain.

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Overview

Project industry	Finance Services & Banking
Whitepaper	Open

What is Fortuna

Fortuna introduces a new kind of crypto-token FOTA to unify the exchange media on the platform.

All the participants from different areas and jurisdiction will trade derivatives using FOTA.

The FOTA in margin account will be supervised for 24/7 and no human being can intervene.

The digitalized supervision mode based on crypto-token is much more efficient and transparent compared with the traditional supervision mode carried by commercial banks.

Fortuna is an ecological decentralized platform which consists of five functional roles including CoT maker, Trader, Quoter, Marker Maker and Delegate.

Fortuna introduces a PuC (Public Contract) trading mode which can offer opportunities for every user of Fortuna to be a market maker and create a new market for a new type of derivative contract which can bring profit for the creator related to the trading volume of the new contract.