Fortuna (FOTA) 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. 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.
Brian Cai (Founder & CEO) — Brian received his Master’s degree from Yale University, majored in Computer Science. He has worked at New York, London, Hong Kong, Shanghai and Hangzhou, occupied in investment banking, corporate finance and private banking. Brian has managed over 5 billion USD as the director of private banking department of Zhejiang Provincial Branch of BoComm, which is a national bank in China. Brian takes charge of the strategic design and implementation of Fortuna.
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DISCLAIMER: This is an UNPAID interview designed to educate and inform only. In no way does this video condone or suggest you purchase FOTA tokens now or in the future. I am not a financial advisor. This is not financial advice. Anything stated in this video is just my opinion. Investing in ICOs is inherently risky. Always do your own research before investing. I am not responsible for your investments or trades.
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