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DUO Network is a decentralized platform enabling issuance, trading, and settlement of tokenized digital derivatives. The platform aims to reduce risks and barriers in traditional derivative transactions, through collateralized smart contracts and distributed price feeds, thereby creating a transparent and autonomous derivative marketplace. The core members come from leading global banks such as Citi, Credit Suisse, HSBC; with long-term academic collaboration with NUS, Boston University and ETH Zurich.What problem does DUO solve?DUO is to solve the problems of the high volatility, inadequate liquidity, and lack of risk management tools in current crypto markets. As witnessed in traditional markets, successful development of a derivative market is often a testament to the depth and maturity of the underlying asset class. Hereby, we propose a new framework for crypto derivative contracts - Collateralized Autonomous Token (CAT).

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DUO Network had initial exchange offering on Bitmax exchange on April 27 8:00 A.M. (EDT). In order to participate investors had need to have 10000 BTMX (~$1500) on the day of the sale.&nbsp;Total hardcap: 5.1 million USDTotal % for sale: 22%Private sale allocation: 3.6 million USDTo be raised on Bitmax: $1.5M USDQuota per participant: $375 USDIEO price: $0.15 USDPrivate sale price: $0.3 USDInitial circulating supply: $1.55M USD(~10%)Private Sale Release SchedulePrior to the listing: 3% for releaseFirst 2 months post the listing: 3% for release each monthAt month 3 post the listing: 11% for releaseDuring month 4-11 post the listing: 10% for release each monthPrivate Sale Price1 DUO = 0.3 USDT

DUO Network

DUO Network is a decentralized platform enabling issuance, trading, and settlement of tokenized digital derivatives.

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