Optitoken

Optitoken is the first algorithmically traded, hyperdeflationary currency, that derives its value from a carefully curated token basket. Profits from the automatic trading of the portfolio are used to regularly buy Optitoken on exchanges, creating buy pressure and volatile price action. These tokens are then destroyed, creating further value through regular hyperdeflation. Our ICO is open to buy the initial token basket. OptiToken’s trademark strategies of Buy Pressure and Strategic Scarcity can create perfect conditions for price appreciation. As our algorithm trades automatically between the basket of tokens, a portion of the profits created will be used to buy OptiToken on the market, thus providing upward price pressure. Afterwards, the tokens will be sent to an unspendable address and be destroyed, creating scarcity and further increasing value. Above is a graphic representation of how price action would work once OptiToken is being traded openly on an exchange. The effect of this strategy is to nurture a market that has very strong buy support. It also solves an extremely common problem of new ICO’s, that hit exchanges and cannot find any volume. Not only does OptiToken solve this, but uses tokenization in a innovative way to create a cryptocurrency that has the potential to appreciate or offer price support even in bear markets.