WandX

Financial instruments on ERC20 tokens using smart contracts

Wall Street on Ethereum

WandX is a decentralized platform on the Ethereum blockchain which enables users to create, trade, and settle any financial instrument on crypto-assets. Using the Wand Token, users can invest in ETFs (Exchange Traded Funds), buy cryptocurrency futures, and trade in illiquid assets through a portfolio of assets.

Trading in Portfolio of currencies

The Olio product allows users to create and trade in a basket of currencies with a single transaction, hence increasing liquidity of many altcoins and helping users diversify their investment. An application showing how this would help can be found here

Invest in derivatives on cryptocurrencies

Using Wand tokens, users can create, trade, and settle derivatives contracts on the WandX framework on Ethereum.

Create markets for tokenized assets

Using the WandX interface, users can tokenize and trade real world assets such as energy and plastic hence increasing the liquidity of these otherwise illiquid real world assets.

What is WandX?

How it works

Frontend to
create custom tokens
Create crowdfunds with
blockchain recorded
assets as collateral
Invest in ETFs created
on Wand with different
portfolios and
risk appetite
Create and trade futures
and options with
specific set of rules
Created
contract with no
coding and a user
friendly interface
Use statistical tools
to create
financial products

Roadmap

  • WandX beta on WandX private ethereum network
    Primary portfolio optimization algorithm
    August
  • September
    WandX 1.0 on the Rinkelby Testnet and
    Portfolio optimization algorithm for ERC20 tokens
  • Release of WandX 1.0 on the Ethereum Mainnet
    WandX Token sale
    October
  • November
    Creation of crypto-ETFs
    PoC in one
    industry
  • OTC forward contracts and
    OTC options
    December
  • January
    Release of the WandX 2.0
    Compatible with Ethereum Metropolis

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