Fortuna is a decentralized global OTC (Over The Counter) derivatives market blockchain platform. The platform has key features that sets apart from other platforms. Using a new consensus algorithm DPOSA, decentralized quote scheme, digitized supervision and structured smart contracts, the platform ensures a complete network of trust. They have also improved the manner of operation that will enhance contract creation and signing, price quoting as well as trading and clearing. In terms ofShow more [+] liquidity, the platform will use its currency FOTA to access a global liquidity pool. It will further enable users to create unlimited types of derivatives, motivating trading through PrC and PuC trading and the use of algorithms to ensure security and transparency.
FOTA, Fortuna's currency used to run operations on the platform is an ERC20 token that is premined. Its total supply is One billion tokens, 40% of which were issued for the token sale. The price of one token during the ICO (Initial Coin Offering) was $0.0800. The sale took place from January 21, 2018 and ended on the same day raising $2,000,000. China, Singapore and USA were restricted from participating. FOTA is compatible with ERC20 wallets and is listed on various exchanges including Kucoin, HitBTC, Hotbit, IDEX and ForkDelta.
The team behind this project includes individuals from renowned institutions of learning and firms like Yale University and Singapore Nanyang Technical University among others. They include the CEO and Founder Brian Cai, CTO and co-founder Jason Tao, Director of Technology and co-founder Tony Zhang, Director of Products Andy Yang and Director of Quantitative Trading Zuotian Luan.