Olympus Labs (MOT) – Blockchain Finance

From atop the highest peaks in Greece, the Gods of the ancient world watched over the first achievements of mankind. Having been granted the first useful tools from these benevolent overlords, mankind quickly learned to control his destiny and began building the worldwide complex of connecting infrastructure we enjoy today. From the wheel to the blockchain, mankind has reshaped the world in his image. Olympus Labs and their associated token (MOT) will reshape financial products and services in the alternative currency market.

The decentralized nature of the blockchain has revolutionized the way we make payments. With the associated crypto-currencies offered by a growing array of companies taking advantage of this technological achievement, the way we invest has also been radically altered. The next step in this experiment of financial-sovereignty will require tools to hedge speculative risk, borrow against stores of collateral, and seamlessly track portfolios made from various wallets and exchanges.

The cryptocurrency community is in desperate need of financial products, and as speculation in altcoins becomes more mainstream, the companies offering these products to a growing segment of savvy investors will become the new God’s of tomorrow’s alternative currency market.

Olympus Labs (MOT)
Olympus (available for beta testing) is a groundbreaking financial ecosystem. Olympus defines the protocol for crypto-based financial products. Providing a comprehensive digital marketplace filled with services and applications, Olympus meets a demand that investors on the blockchain have repeatedly expressed. That demand is for decentralized financial control over personal cryptocurrency investments.

Olympus Labs looks to solve a number of current problems they see across the alternative currency market. From general inaccessibility to a broad lack of liquidity, there are many reasons for the blockchain’s lack of products and services more traditional markets have grown accustomed to. Olympus Labs creates the kind of solutions to these problems that consumers of their financial products will find highly beneficial.

With Olympus, investors can utilize the financial tools necessary to make positive returns in all market conditions. And with a comprehensive marketplace, and their Financial Products Protocol (the name for their inter-operable smart contract token standard), the Olympus solution exhibits structural simplicity throughout the financial ecosystem.

Olympus Team
Led by Kai Chen, a Magna Cum Laude graduate of Yale, the Olympus labs team boasts a 16 member list of high profile names in the altcoin space and is backed by an additional group of experienced advisors. Partnerships abound, with the likes of Bitfwd, Coinnest and Cynopsis Solutions adding to a stunning list. A growing media presence also bodes well for the future of Olympus Labs, with recent mentions by Insider Financial, HuffPost and others.

Fundraising and Listing
Olympus Labs had an initial fundraising goal of 65,000 Ethereum (ETH). As the price of ETH has dramatically risen over the past days, Olympus reduced their goal to 45,000. With the incredible success of their private and pre-sale rounds, the team has decided not to hold a public crowdsale.

OKEx, an increasingly popular exchange, listed MOT on January 11th. If you aren’t lucky enough to have an account with this exchange, relax. I expect it won’t be long before the next exchange lists the token.

A Growing Investor Class

In the alternative-currency market, the demand for financial products and services offered on the blockchain will finally be met. Companies that service these demands will dominate tomorrows altcoin market as a new wave of consumers adopt and benefit from the use of speculative investment tools. With Olympus available for beta testing and a solid team behind its development, Olympus Labs (MOT) stands poised to service the needs of a growing investor class.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Flickr