Full Name:Mount Olympus Token
Olympus Labs is a protocol for developing tokenized cryptocurrency financial products such as indices, funds, lending products, futures, options, and more. We build the core components of financial products, such as exchange, rebalance, and fee calculation, and financial products can be created by assembling these core components.
Olympus Labs aims to power the next generation fintech DApp ecosystem through the Olympus Protocol. We provide APIs/SDKs for developers and existing applications to integrate our protocol and offer tokenized financial products and services to their users, both investors and investment managers.
Description of Token (Utility/Use Cases):
MOT plays a critical role in the system architecture as it is the utility token used to access the Olympus core components. Each core component has its own fee model. There are three main types of fee models in consideration:
Based on transaction volume
Based on subscription
Based on calls
The exchange core component fits into the first fee model while the rest of the components can adopt either the second or third fee model.
A key implication of building the fee and the usage of MOT into the core components is that the value of MOT will be tied directly to the success of Olympus Labs, specifically the success of the Olympus Protocol and the Olympus Ecosystem. It means that when a new developer builds a new financial product template or a DApp that integrates the Olympus Protocol, demand for MOT increases. It means that when a wallet offers Olympus products to their users, demand for MOT increases. It means that when investment managers create funds and financial products and offers these products to their investors, the demand for MOT increases. In essence, any development or progress that increases the usage of the Olympus Protocol increases the demand for MOT.
Another benefit to building the fees into the core components and deducting the fees directly from the funds is the end user does not need to pay direct fees to be in the Olympus Ecosystem. This simplifies the user experience so that for the users, creating or buying a tokenized Olympus financial product is no different than creating or buying any ERC20 token.
The fees generated from providing the core components will be directed to further development of the project, namely on developing the Olympus Protocol and for building the Olympus Ecosystem, which will in turn generate more demand for MOT, thus creating a virtuous cycle of sustainable development.
Detailed Roadmap and Milestones:
Core Members Introduction:
Kai Chen, CEO, is a serial entrepreneur who previously cofounded a blockchain anti-counterfeiting company. He worked in finance and consulting at firms including Morgan Stanley, PIMCO, and McKinsey. https://www.linkedin.com/in/kai-chen-37975a43/
Bharat previously worked at Accenture where his team consulted a leading social media company. He attended the University of Southern California where he studied Business Administration.
Vic is experienced in developing and deploying blockchain applications. He was the Tech Lead in a blockchain startup that successfully deployed a blockchain application that gained traction within the charity space. He graduated from Harbin Institute of Technology and is both a full stack engineer and a blockchain engineer. He currently leads one of the development teams and also heads up the smart contract development.
Jerome is decades long experience in software engineering and management. He can simultaneously manage multiple teams across many projects. He and his team worked on a number of blockchain projects in Europe and Asia before joining Olympus Labs. He currently leads one of the development teams and heads up the core smart contract development.
Token Contract Address:
The Verified Contract Source Code Link:
The Number of Decimals of Token：18
The Link to Coinmarketcap.com or feixiaohao.com for Token:
Market Cap: $9,892,725 USD (2018.7.12)
Max Supply: 100000000
Circulating Supply: 37972123 (2018.7.12)
Token Price： 0.260526 (2018.7.12)
ICO price: USD $0.456
The Institutional investors for Private Placement:
We are backed by a global group of VCs and cryptocurrency funds from the US, Singapore, Australia, Korea, Hong Kong, and China. The funds include Signum Capital, Kenetic Capital, Luna Capital, Collinstar Capital, Blockchain Ventures, JustFund, and Kyber Network.