Fortuna FOTA ICO: OTC Derivatives Hedging Blockchain Coin?
Today our blog is going to review a new financial blockchain start-up called Fortuna. Will Fortuna be a good investment for you? Read the review and discover.
What Is Fortuna?
Fortuna is a new Chinese blockchain company which aims to create a platform for the global over the counter (OTC) derivatives market. The company was inspired by the problems in the OTC derivatives market of China to elaborate a platform that will solve this type of problem globally.
The company aims to offer solutions to this specific market. One of the solutions is to make it more transparent. There is a big trust issue in this market, but blockchain technology can be used to make it safer and more transparent and, thus, more trustworthy. Transactions can be made via smart contracts and they will be stored forever on the blockchain, which means that they will be secured.
Another of Fortuna’s objectives is to improve the operational efficiency of this market and increase its liquidity. The company is already elaborating plans to solve these type of issues. This will enrich this market and make the OTC derivatives market more attractive to investors all over the world.
How Fortuna OTC Derivatives Hedging Blockchain Coin Works
Basically, what Fortuna is intending with its platform is somewhat akin to a regulation of the OTC derivatives market from its own platform. The company intends to improve the overall quality of the market and create a certain regulation via its own platform. Why will it work? You cannot be 100% sure that it will, but it will offer an opportunity for investors to use its platform.
This will, in time, change the supervision mode of this market. If the global OTC derivatives market gets actually more inserted into this company, with time Fortuna will use its algorithms to slowly regulate it while always being completely transparent and fast.
The company will use the platform, the Ethereum blockchain and smart contracts as tools to make its consensus algorithms bring a new supervision mode to the global OTC derivatives market.
How To Invest In Fortuna FOTA ICO?
Unfortunately, if your plan was to invest in Fortuna’s Initial Coin Offering (ICO), we have bad news for you: the ICO is already finished. Fortunately, you know that ICOs might be one of the best ways to get cheaper tokens, you can still acquire Fortuna’s tokens if you want to. You just have to get them in cryptocurrencies exchanges.
The company has not put its tokens in exchanges yet, so we do not know in which ones Fortuna will choose to sell its tokens, but if we know anything about it, you can be sure that we will let you know.
Is this company a good investment for you? Yes. If you are really interested in the global OTC derivatives market, it can definitely be a good idea to invest in Fortuna. The company has a really solid plan and you can clearly see that it understands a lot about this market. This means that its plans will probably be at least somewhat successful in regulating the global OTC derivatives market.
The only problem for you is that the Fortuna’s ICO is already over, so you have lost your best chance to invest in this company already. Is this still a good investment considering that fact? It can be, but on this occasion, you have to be more careful than you normally are, so you should think well before you end up investing in this company to avoid regretting the decision.
If you liked Fortuna, you can invest in this company by acquiring its tokens in exchanges soon. You might have to take into account the current price of the token when you do so, but it can certainly be a good investment for you in the end.