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Milestones idap.io

Transforming Crypto Asset Market

idap.io is an International Digital Asset Platform, which aims to provide a complete Derivatives Ecosystem for Crypto Assets, offering Futures, calendar & butterfly spreads, options, and swaps among major trading products.

3.6
9 8 expert ratings
Benchy 3.4
KYC
Experts
4.0
4.0
3.2
Review: download now PRO
~$70,000
value of tokens sold in ICO
Ended
Token
BFX
Type
IEO launchpad
Price in ICO
0.0300 USD
Country
Whitelist/KYC
None
Restricted areas
USA
preICO start
4th Oct 2018
preICO end
23rd Oct 2018
ICO start
26th Aug 2019
ICO end
27th Aug 2019
Visit ICO website
Report

Milestones

1
Q4-2017 to Q1-2018

• Ideation & conceptualisation of the IDAP ecosystem
• Detailed research and analysis conducted
• Core team built
• Advisory board formed
• Strategic partnerships made

2
Q2-2018

• Website launch and Lite Paper release
• White Paper release
• Community building
• IDAP exchange platform development
• Company registration in Estonia
• Release of IDAP demo platform
• License procurement for derivatives trading and asset management
• Public voting for coins/tokens that will be listed on the live exchange
• Start of token presale

3
Q3-2018

• Product architecture development and testing
• IDAP Trader front-end development
• Matching Engine and implied logic development
• Community building
• Advanced APIs integration and testing
• IDAP Exchange marketing
• Pre-sale closed

4
Q4-2018

• Alpha version testing of Web App
• Alpha testing of IDAP Trader (Desktop Trading System)
• Internal testing of ladder UI and point-and-click functionality
• Testing of multi-instrument derivatives trading and conditional orders

5
Q1-2019

• IDAP TestNet released
• Beta testing of Web Trading Interface
• Beta testing of IDAP Trader (Desktop Trading System)
• Final testing of order execution with implied logic on real-time market data
• Smart Order Routing and Risk Management System tested

6
Q2-2019

• Spreads, butterfly and perpetual swaps available for major coins
• Implied logic for futures market enabled
• Master Account system with advanced RMS integration
• Customer Support Management system integrated

7
Q3-2019

• Upgraded Customer Support System
• Testing of new derivative instruments: Indices derivatives and American Options
• Beta Testing of Synthetic Spread Creation feature
• Release of IDAP Trader 2.0

8
Q4-2019

• Mobile App launched and Web App 2.0 with upgraded interface released
• Geo-replicated exchange architecture goes live
• IDAP APIs for FIX, REST, Binary, etc. integrated

9
Q1-2020

• Options and Crypto Indices derivatives introduced
• Derivatives offerings extended for additional coins and tokens
• Opt-in portfolio management services introduced for OTC clients


10
Q2-2020

• Hybrid derivatives trading protocol R&D continued
• R&D of on-chain settlement, security and performance
R&D of off-chain order book and trade execution with on-chain settlement

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ICO KYC Report
3 members invited
Awanish Rajan
Passed
Atish Katyal
Passed
Murali Thakur
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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