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DA Power Play: We Needed Blockchain to Bring Crypto Trading to Life

It was September 2016, and our fund for trading with cryptocurrencies had been operational for more than a year. As a result of our track record, we were gaining real momentum within the crypto…

Sep 12, 2017 · 3 min read
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DA Power Play: We Needed Blockchain to Bring Crypto Trading to Life

We Needed Blockchain to Bring Crypto Trading to Life Digital Assets Power Play Will Evolve Crypto Trading It was September 2016, and our fund for trading with cryptocurrencies had been operational for more than a year. As a result of our track record, we were gaining real momentum within the crypto community. We were in Rovinj — a small coastal town in Croatia — visiting for a blockchain conference, where we accidentally met with the future co-founder of Cofound.it, Zenel Batagelj. After a long talk explaining our system and idea, he was intrigued. “You guys have a solution that every investor in crypto needs. But we have to find a way to bring your technology to the masses — so everyone can trade in crypto like a Wall Street professional.” By January 2017, Cofound.it became our first official partner. Our Future is You. The Users. After months of brainstorming with Batagelj and other professionals from the field, we knew what wanted to do: build a self-sustaining, decentralized economy for every individual or company interested in trading with cryptocurrencies.Our main mission is to make creating algorithms for trading strategies easy and accessible to everyone. We want to connect, not only professional, but also first-time investors with experts that develop viable automated trading strategies. Our goal is to build a platform that provides Bloomberg-like services. Real time market information, analysis, best practice examples for trading strategies, risk management tools, automated trading strategy creation and development, and a viable tool for fighting thin liquidity in the crypto world. Our recent partnership with Mediatoolkit is just one example of how we intend to bring innovative and unique features to Digital Assets Power Play (DA Power Play). With the help of Mediatoolkit, we will integrate a live newsfeed that will serve as one of many key tools for building trading strategies. Learn more about this topic here. Blockchain or Nothing Although we’ve already been trading with cryptocurrencies for four years, our AI solution for trading was still running on legacy technology. But as we dove into the crypto world, we quickly found a solution for all our problems: Ethereum. It didn’t just provide an effective method for us to develop our idea, it was the natural next step for our company. The Cornerstones of the Platform Smart Contracts, Digital Wallets, and DPP Tokens (will be issued during the ICO pre-sale and crowdsale) can in many ways be considered the three primary pillars of our platform.DPP Tokens will be used as a means of transferring value between stakeholders. In other words, with DPP Tokens users will be able to pay for services on the Digital Assets Power Play platform and purchase strategies from other users in the marketplace .Smart contracts will ensure that all deals made between users of the DA Power Play platform and the marketplace will be secure and, of course, fully transparent. How? The smart contract automatically executes itself according to the agreed terms.Digital wallets will enhance the process of collaboration by enabling a value transfer and providing strategy co-investment and DA Power Play platform self-sustainability. The platform will feature four different digital wallets (the Public Wallet, Private Wallet, Strategy Wallet, and Operational Wallet). For information on each of their functions and more, please review our white paper.We’re embracing blockchain technology and utilizing its capabilities to further evolve and develop innovations that will provide a truly unique platform and experience for users everywhere. Digital Assets Power Play will be the first completely accessible and open crypto trading platform. A platform that will work for you.


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